These Hollywood Box Office Results Remind Us How Hard It Is To Make A Franchise

Hugo (2011)

Hugo was director Martin Scorsese’s first entry into the family-friendly arena, with bittersweet results. Even though the film scored 93% on Rotten Tomatoes, it went over budget by about $80 million and barely broke even at the box office.

It’s estimated that overall the film lost $100 million for Paramount Pictures once you consider marketing costs. The film is still considered a masterpiece: picking up five Oscars and plenty of other accolades. Producer Graham King explains: “once the schedule started getting out of whack, things just spiraled and spiraled…”