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The overall costs for Daniel Craig’s swansong as James Bond may prevent it from breaking even. Most would consider earnings of over $730 million a stunning success, but despite impressive ticket sales, No Time to Die could still stand to lose millions for MGM. Industry sources say the film may be as much as $100 million in the red.
However, the movie cost more than $250 million to produce, at least $100 million to promote and tens of millions more to postpone over 16 months. Insiders say No Time to Die needs to make closer to $900 million to break even, a feat that would have been realistic had a global health crisis not entirely upended the theater industry.
MGM has stated that the movie has broken even and even made money. A spokesperson said that “unnamed and uninformed sources suggesting the film will lose money are categorically unfounded and put more simply...
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