THE WOLFMAN

Budget: $150 million Financed by: Universal; Relativity
Domestic Gross: $61,979,680 Domestic Distributor: Universal
Overseas Gross: $77,810,085 Director: Joe Johnston

The Wolfman box office“One of the worst movies we ever made was Wolfman.  Wolfman and Babe 2 are two of the shittiest movies we put out.”

-Ron Meyer, Universal Studios President

The Wolfman never had a chance at the box office after Universal executives interfered to the point where you have to wonder if 16 year old interns at the studio had more creative input to the film than director Joe Johnston.  Originally filmed in 2008, the film would be ordered into reshoots numerous times where the budget exceeded $150 million.  The Wolfman was originally planned as a $100 million production with a 15% UK tax break bringing the budget in at $85 million.  Financiers Universal and Relativity would find themselves on the line for a film that became too expensive to realistically break even.  Universal released in the US over the Valentine’s Day frame with a decent enough start at $31,479,235 but the film received a poor C+ cinemascore from audiences and also had competition from Shutter Island the following weekend which took most of its audience.  The Wolfman sank 68.6% in its second frame to $9,895,105 and continued to post large weekly drops and closed out its run with $61,979,680.  Overseas, Universal split territories with their UIP branch (joint distribution between Universal and Paramount) and the film took in $77.8 million, bringing the worldwide total to $139.7 million.  Universal/Relativity would see about $76.8 million after theaters take their percentage of the gross, which would only cover P&A expenses and barely put a dent in the budget.  Decent numbers for a gory monster film, but dreadful numbers for a $150 million film with a huge worldwide ad spend.  The Wolfman was yet another massive flop from fired Universal Chairman Marc Shmuger, which the next administration also inherited the out of control budgets for flops Green Zone and Scott Pilgrim Vs. The World.