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‘Ghostbusters’ Sequel Even More Unlikely as Remake Bombs, BUT…

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I’ve been obsessing over the box office behind Sony’s Ghostbusters not only because I really liked Paul Feig’s reboot, but I find it so incredibly interesting. From a financial standpoint, the film’s budget and marketing were always a bit curious considering the bold approach to the franchise, and the PR fallout with fanboys mixed in only made it more intriguing. To say I’ve been following the numbers closely is an understatement. In fact, I’ve been breaking down the numbers for weeks now in hopes of enlightening those interested in how it all works.

Now, a new article on THR confirms much of my math (there’s many articles on the matter) and even has it on strong authority that a sequel is no longer on Sony’s agenda. With that said, it’s not the end of the Ghostbusters, just big budget films that can’t bring enough asses into theater seats to cover the massive $300 million spend.

Sony won’t comment on whether it has banished a sequel to the netherworld, but perhaps tellingly, a rep says the studio actively is pursuing the animated ‘Ghostbusters’ feature that could hit theaters in 2019 and the animated TV series, “Ghostbusters: Ecto Force”, which is eyeing an early 2018 bow. Both are being guided by Reitman, who firmly is back in charge of the ‘Ghostbusters’ empire via Ghost Corps., a subsidiary with a mandate to expand the brand across platforms. (It was former Sony film chief Amy Pascal who first embraced Feig’s vision for the live-action reboot, not Reitman or Rothman.) “We’re very proud of the bold movie Paul Feig made, which critics and audiences loved,” a studio rep tells THR. “It has enlivened a 30-year-old brand and put it into the modern zeitgeist. As a result, we have many ideas in the works to further exploit the ‘Ghostbusters’ universe.”

Still, on paper is looks as if the Ghostbusters remake is going to lose close to $100 million, although a studio rep denies these numbers are accurate. We’ve talked many of times about how merchandising was a huge factor we couldn’t calculate. Sony disputes the amount of the potential loss, insisting that revenue streams from merchandising and such attractions as a new Ghostbusters exhibit at Madame Tussauds and a theme park ride in Dubai will help defray any deficit. The studio also notes that the number of people renting the 1984 film has soared over the summer.

“This loss calculation is way off,” says the Sony rep. “With multiple revenue streams, including consumer products, gaming, location-based entertainment, continued international rollout, and huge third-party promotional partnerships that mitigated costs, the bottom line, even before co-financing, is not remotely close to that number.”

The $300 million cost of Feig’s Ghostbusters can’t be ignored, either, as that’s a huge spend that’s created global awareness in the franchise; cutting costs and focusing more on “toy friendly” ghosts and characters could help save this sinking ship. My interest in this continues to grow, and I’ll be continuing to monitor the situation from inside and out.

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‘Hold the Fort’ Trailer Pits New Homeowners Against an Onslaught of Monsters

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Hold the Fort Trailer

Sunrise Films has announced the official North American release of William Bagley‘s horror comedy Hold the Fort, and it’s accompanied by an energetic new trailer.

Hold the Fort debuts on digital platforms on June 23.

In the film,Lucas and Jenny think their life is finally coming together when the couple become homeowners. Little do they know that their new house comes with a big catch. Lucas and Jenny soon find themselves in a fight for their lives when they become trapped in a battle between their Homeowners Association and an onslaught of monsters from hell. The horror-comedy takes the timely concern of home-ownership and wraps this up in an entertaining action-packed thrill ride.

Watch the new trailer below, which introduces one wild HOA gathering during an equinox. Things get bloody fast.

Chris Mayers (Adult Swim Yule Log), Haley Leary (The Walking Dead), Levi Burdick, and Julian Smith star.

William Bagley writes and directs, in addition to producing with Smith, Matt Dodd, Luke Williams, and Tim Reis (Adult Swim Yule Log).

Ahead of the release, Bagley said,My goal with this film was to make a hilarious, fast-paced thrill ride while also telling a great story with heart. Hopefully, through all the blood, laughs, fights, and gags, you leave the film feeling inspired to tackle whatever life throws at you.

Hold the Fort premiered at Fantasia last summer before going on to play FrightFest London, Toronto After Dark, and Beyond Fest.

I wrote in my review,It’s an infectiously charming assemblage of jokes and monster vignettes bound together by a barebones plot with not much on its mind beyond delivering an entertaining time.

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