The new James Bond movie has been delayed multiple times due to the ongoing pandemic. But now No Time To Die is gearing up for release once again on September 30 in the UK and October 8 in the US. But the box office projections for Daniel Craig’s 007 finale are not looking profitable.
According to Vulture, a studio executive said: “Bond feels ready to go. MGM is a one-movie company. I don’t think they can hold it another six months.”
“[EON Productions is] hoping for the $700m to $800m range [at the box office]. There’s no way they’re going to get there.”
Bond news site MI6 HQ ran the numbers last month calculating that, at a conservative estimate, No Time To Die needs to make at least $928 million at the global box office just to break even.
And what with cinemas around the world operating between 40-60 per cent of pre-pandemic levels, not to mention new restrictions in Europe, Australia and South America, the outlet reckons the chances of the new Bond movie reaching around $700-800 million is not looking likely.
.James Bond No Time To Die final trailer warns ‘This will be his death’
James Bond: No Time To Die box office projected to be ‘smallest of Daniel Craig’s 007 era’
Bond 25 was originally set to release before the pandemic in October 2019
Through a new set of calculations based on the box office success of the last two Bond movies Skyfall and Spectre and taking current restrictions around the world into account, MI6 HQ reckons No Time To Die will realistically only make around $481 million worldwide, with $530 million being at the more optimist end.
The Bond news site concluded: “There does not appear to be a path to the $700m-$800m global take that EON has adjusted their expectations toward.
“And if things continue as they stand today, No Time To Die could have the smallest box-office of the Daniel Craig era.”
In comparison, Casino Royale took $616.5 million at the global box office, while sequel Quantum of Solace made $589.6 million.
No Time To Die poster
But then 50th anniversary Bond movie Skyfall took a whopping $1.109 billion at the global box office, becoming the highest-grossing 007 movie to date.
At the time it was the biggest film in the UK ever but has since been surpassed by Star Wars: The Force Awakens.
Nevertheless, both Skyfall and its follow-up Spectre, which took $880.7 million worldwide, are the second and third highest-grossing films in British cinema history.
Yesterday the final international and US trailers for No Time To Die were released suggesting the current release dates remain full steam ahead.
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Additionally, a new documentary film called Being James Bond: The Daniel Craig Story has been announced.
Set for release exclusively on the Apple TV app for free, the 45-minute retrospective will be available to stream from September 7 to October 7.
The special will include never-before-seen archival footage from Casino Royale to No Time To Die, plus Craig sharing his personal memories with 007 producers Barbara Broccoli and Michael G Wilson.
No Time To Die hits UK cinemas on September 30 and US movie theatres on October 8, 2021.
Read More: Hollywood News
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