What’s The Budget for Doctor Strange in the Multiverse of Madness? (Updated)
Doctor Strange in the Multiverse of Madness is a 2022 American superhero film based on Marvel Comics featuring the character Doctor Strange. The 28th film in the Marvel Cinematic Universe, is the sequel to Doctor Strange (2016) and is produced by Marvel Studios and distributed by Walt Disney Studios Motion Pictures.
Written by Michael Waldron and directed by Sam Raimi, this science fiction picture stars Benedict Cumberbatch as Stephen Strange and a stellar cast including Elizabeth Olsen, Chiwetel Ejiofor, Benedict Wong, Xochitl Gomez, Michael Stuhlbarg, and Rachel McAdams.
In the film, Strange rescues America Chavez (Gomez) from Wanda Maximoff, a teenager with the ability to navigate the multiverse.
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Director and co-writer Scott Derrickson has planned a sequel to Doctor Strange as early as October 2016. When Benedict Cumberbatch was set to return in December 2018, he signed on as director. The title of the film and Olsen’s involvement were announced in July of 2019; in October, the writer, Jade Halley Bartlett, was hired.
Doctor Strange in the Multiverse of Madness Budget
Listed below are the production costs and estimated box office receipts for Marvel Studios’ Doctor Strange: The Multiverse of Madness. The 2016 release of Doctor Strange was a mediocre blockbuster with worldwide box office receipts of $677.7 million against a $165 million budget.
Later, Stephen Strange appeared in record-breaking blockbusters like Avengers: Infinity War and Spider-Man: No Way Home as a major supporting actor, further solidifying his place in the overall franchise. Doctor Strange in the Multiverse of Madness, his second solo feature, will star when the MCU enters its fourth phase.
Doctor Strange in the Multiverse of Madness is a hotly anticipated summer blockbuster. Advance ticket sales for the sequel are already five times greater than those for the original film, indicating that it will be the largest cinematic event of the year so far.
These sales alone show how strong the box office possibilities are for Doctor Strange: The Multiverse of Madness. These are encouraging indicators for Disney and Marvel, given the high production costs of the film.
However, a glance at Marvel’s past may provide an accurate estimate of the production costs for Doctor Strange in the Multiverse of Madness. Black Widow, Eternals, and Spider-Man: No Way Home all cost $200 million in Phase 4 before this one.
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Even though Shang-Chi was supposed to be the cheapest, the total cost is still in the $150 to $200 million arenas. $200 million is a reasonable estimate for the film’s budget, given the film’s scope and the fact that the COVID-19 epidemic delayed production. This post will be updated as soon as the exact numbers become available.
For a film to break even, the box office receipts must be at least double what was spent on production. In order for Doctor Strange in the Multiverse of Madness to recoup its budget, it would need to bring in $400 million globally. The picture should have no issues crossing that mark.
The MCU has solidified its spot as the most popular movie franchise in the industry and is showing no signs of slowing down. Even in the face of pandemic concerns, the global sales of Spider-Man: No Way Home was close to $2 billion.
Doctor Strange in the Multiverse of Madness may or may not be able to reach those heights, but it’s expected to do extremely well.
As the biggest new release since The Batman back in March, Doctor Strange in the Multiverse of Madness has whetted the public’s desire for another big-budget blockbuster. In addition, it has no real competition.
There isn’t much of a threat to Doctor Strange from Fantastic Beasts: The Secrets of Dumbledore, which has already done most of its damage at the box office. Doctor Strange in the Multiverse of Madness will have the market to itself for a few weeks because there are no other high-profile blockbusters until Top Gun: Maverick in May.
Also, early Doctor Strange in the Multiverse of Madness reviews is leaning good, with critics saying director Sam Raimi put his unique stamp on the picture. That word-of-mouth doesn’t hurt when it comes to Marvel’s movies. Doctor Strange in the Multiverse of Madness, even if some critics think it’s a little too frantic for its own good, should nonetheless make money.
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