You Can Cross Off "Ghost Rider 3" After Its Disappointing Opening

It's become a staple nowadays for a producer, director, and/or star (and/or anyone else associated with a particular film) to announce sequel plans while promoting the opening of their film. It shows confidence in their film. Whether or not they believe in the actual possibility of a sequel is a different story. I tend to take these kind of news with a grain of salt. I mean, what else are they gonna say?

Ghost Rider: Spirit of Vengeance

Whether or not a film gets a sequel depends on the film's performance at the box office (domestic and abroad) and home video (sales, rentals, tv and cable rights, streaming rights, and video-on-demand).

One early indication if a film can make a profit is whether or not it can make as much at the domestic box office as it cost to make the film. Let's say your film cost $75M like “Ghost Rider: Spirit of Vengeance”, then if it makes that amount at the domestic box office in its entire theatrical run, then it's a good chance that you can make a decent profit through other revenue streams. Generally speaking.

Even before "Ghost Rider: Spirit of Vengeance" opened, there were talks of a sequel. At least the directing duo of Mark Neveldine and Brian Taylor were honest and said it all depends on the box office.

They didn’t guarantee a sequel like John Singleton did with “Abduction” before it even opened. The Taylor Lautner (“The Twilight Saga: New Moon”) starring actioner pulled in $28M at the domestic box office, a bit lower than its budget of $35M. With a Tomatometer of just 4%, it’s also one of the worst reviewed films of 2011. I don’t think they’re moving forward with a sequel - unless it’s direct-to-video.

Over the weekend (Fri-Sun), "Ghost Rider: Spirit of Vengeance" made $22M. That's less than half of the first film's $45.4M, so this doesn't bold well for the film's sequel prospects.

It's projected to make about $26M for the for the four-day Presidents Day weekend.

With poor reviews (15% on the Tomatometer), this film's not gonna have any legs. It'll have trouble topping $55M at the end of its theatrical run. That’s again half of what the first film did.

With a $75M budget, "Ghost Rider: Spirit of Vengeance" will lose money unless it does miraculously abroad and on home video, which is unlikely.

Like Singeton’s “Abduction,” you can cross off plans for "Ghost Rider 3.”

Good riddance. It's not like we don't already have enough comic book movies and their corresponding sequels and reboots. At least most of the upcoming sequels are from previous films that are both well-reviewed and commercially successful - “The Dark Knight Rises,” “Iron Man 3,” “X-Men: First Class 2,” "Thor 2," "Captain America 2" and “The Avengers.”

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