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‘Exorcist: Believer’ Gets Horrifying Reviews After Studio Gambled $400 Million for Rights
(www.hollywoodreporter.com)
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That really is a pretty big gamble. At $400m, they’re competing with some big name releases that made $500m
And I’m sure they’ll want more than just 100 in the green
$400m for the rights alone. It doesn't talk about cost of production.
Meaning they're looking to make that rights cost back across the trilogy rather than from one film, but they're constantly adding costs along the way.