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Warner Bros.' bad call on Joker to be expensive

Oct. 27, 2019 4:59 PM ETTBy: Douglas W. House, SA News Editor84 Comments
  • Blockbuster "Joker", the top-grossing R-rated film of all time with a global take of more than $788M to date, has investors giddy over the financial windfall, all except producer Warner Bros.
  • The company, lacking confidence that it would be as big a winner as its DC comic-book lineup, sold a substantial share of the film to outsiders during development, an expected prudent decision since it considered it a stand-alone project rather than a launchpad for sequels and spinoffs.
  • Star Joaquin Phoenix and Director Todd Phillips are, no doubt, happy, having secured generous profit participation deals, increasingly uncommon with expected blockbusters.
  • "Joker" has not broken all records just yet. Its domestic take of ~$259M is second to Mel Gibson's "The Passion of Christ," which grossed almost $371M, tops for an R-rated movie.

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