Seventh Son

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  • Directed By: Sergei Bodrov
  • Written By: Charles Leavitt, Steven Knight
  • Release Date: February 6, 2015
  • Domestic Distributor: Legendary (through Universal)
  • Cast: Jeff Bridges, Ben Barnes, Julianne Moore, Alicia Vikander

Box Office Info:
Budget: $95 million Financed by: Legendary; China Film Co.
Domestic Gross: $17,223,265 Overseas Gross: $96,955,348

The budget for Seventh Son was $95 million and it was financed by Legendary and filming completed back in 2012 when the picture was set up for distribution through Warner Bros.  The original release date was set for February 15, 2013 but was delayed after the vfx house Rhythm & Hues declared bankruptcy and set back the post production schedule.  The vfx house bust cost Legendary an additional $4.9 million in post costs.  It was rescheduled for October 18, 2013 but the partnership between Legendary and Warner Bros ended and it was bumped to January 17, 2014 and then delayed again until February 6, 2015.  After the WB and Legendary split, Warners scheduled their troubled and delayed Jupiter Ascending on the same date as the troubled and delayed Seventh Son.

CEO of Legendary Thomas Tull expected that Seventh Son was heading for disaster and took an $85 million write down for the pic back in 2013.  Despite taking a preemptive impairment charge on the movie, in April 2014 China Film Co. invested an undisclosed eight figure amount into the project and took China distribution rights.  After the WB/Legendary divorce, Legendary found a new home at Universal and Seventh Son finally saw a release through the studio, with all P&A costs covered by Legendary.

Seventh Son opened against The SpongeBob Movie: Sponge Out of Water and Jupiter Ascending and pulled in a terrible $7,217,640 — placing #4 for the weekend led by SpongeBob.  The film declined 42.5% in its second weekend to $4,151,780 but sank 76.7% in its third weekend to $967,700 and promptly lost most of its theater count.  The domestic run closed with just $17,223,265.  Legendary would see returned about $9.4 million after theaters take their percentage of the gross, which leaves much of the P&A expenses in the red.

Overseas, the film pulled in a decent $27.5 million from China and $14.9 from Russia, but posted soft numbers in most markets and its overseas total came to $96.9 million.  Legendary had a rough start to 2015 between The Seventh Son‘s $85 million loss and the Michael Mann fiasco Blackhat posting a $90 million loss.  In January 2016, the Chinese company Wanda acquired Legendary for $3.5 billion and in their financial statements, which were attained by the hollywoodreporter, Legendary lost $555.6 million in 2015.  Seventh Son, Blackhat, Steve Jobs and Crimson Peak contributed to the loss.

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