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How Much Horizon Has To Earn At The Box Office For Kevin Costner To Earn His Money Back Reportedly Revealed

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Summary

  • Kevin Costner previously revealed that he invested $38 million into the making of
    Horizon: An American Saga
    , but it’s unclear if he also contributed to the movie’s $30 million marketing spend.
  • If Costner didn’t contribute to marketing, he may have already broken even from presales, but if he did, then the film would have to earn about $65 million domestically for him to recoup his money.
  • Horizon
    ‘s financial details remain somewhat murky since Costner is making four movies, but the first film is not off to a strong start at the box office.



A new report reveals how much Horizon: An American Saga needs to earn in order for Kevin Costner to get his money back. Costner serves as writer, director, producer, and star of Horizon: An American Saga, which chronicles settlers’ arduous journey West in the years before and after the American Civil War. The epic Western represents a major passion project for Costner, who previously revealed that he’s invested $38 million of his own money into the film.

A report from Business Insider now breaks down how the financials for Horizon: An American Saga need to work out for Costner to avoid losing money. A key point raised in the report is that it’s unclear whether the actor contributed money to the film’s estimated $30 million marketing spend. If the actor didn’t shell out for marketing, there’s a chance he’s already earned his $38 million back due to presales (when territories agree to distribute a film before seeing it). If he’s also responsible for the marketing costs, however, the film would reportedly need to earn $65 million domestically.



Horizon’s Complicated Financial Situation Explained

Will Kevin Costner Recoup His Investment?

Apart from Costner, the key investors covering the rest of Horizon: An American Saga‘s $100 million budget haven’t been made public. Warner Bros. has agreed to distribute the first film and the upcoming Horizon: An American Saga – Chapter 2, but their risk here is relatively low since they’re essentially serving as a distributor-for-hire. Per the Business Insider report cited above, Warner Bros. is reportedly pocketing 8% of the grosses for the film, with Costner and his other mystery investors getting their own cuts of the grosses starting from day one.


Kevin Costner as Hayes Ellison in Horizon: An American Saga and as Lieutenant Dunbar in Dances With Wolves

Related

Kevin Costner’s Horizon Sequel Plan Has A Big Problem Before The First Movie Is Even Out

Horizon: An American Saga has always been a big risk for star and creator Kevin Costner, but its most recent problem could threaten the entire saga.

Why the film’s financial situation is complicated, however, is due to the fact that Costner isn’t just making one Horizon movie – he aims to make four. The $38 million figure that Costner revealed previously was already in question because it wasn’t clear whether that amount is only for the first film or if it also covers some of Chapter 2. After reportedly struggling to find financing, Horizon 3 production is now seemingly underway. How much exactly the star has invested – and continues to invest – still remains something of a question mark.

Other factors that could help Costner avoid major losses on
Horizon
are VOD sales and a strong Pay 1 deal with a streamer or cable company.


Assuming Costner did shell out for marketing and the first film needs to earn $65 million domestically just for him to break even (the figure for the film itself to be considered a success is far higher), things aren’t off to a promising start. On top of Horizon‘s lackluster reviews, the film has been a major disappointment at the box office, grossing only about $11 million in North America on its opening weekend. It’s possible that things will turn around in the weeks ahead, but it’s currently not looking like Costner’s Horizon: An American Saga investment will pay off.

Source: Business Insider



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