Indiana Jones 5 and Mission: Impossible 7 would have losses of up to $100 million

According to a report by Variety, Disney’s Indiana Jones and the Dial of Destiny and Paramount’s Mission: Impossible – Dead Reckoning: Part One are on track to lose $100 million each.

“Indiana Jones 5” grossed $375 million six weeks after its theatrical release in late June, while “Mission: Impossible 7” managed to gross $523 million five weeks after its release. Both films made more money than it cost to produce them, but not enough to cover marketing expenses.

Sources close to the finances of both films told Variety that each cost approximately $300 million to produce, with about $100 million spent on marketing, making them the most expensive productions from their respective studios.

While both films have the potential to earn more money on streaming and digital platforms, that will take longer.

There’s also the runaway success of “Barbenheimer,” a competition that may have hurt both “Mission: Impossible” and “Indiana Jones.” “Barbie” and “Oppenheimer” opened on July 21, and the former has already grossed more than $1 billion worldwide, while the latter has grossed nearly $650 million globally. The popularity of both films could have been a death sentence for “Mission: Impossible 7” since it was released a week and a half before them. It could also have been the final blow for “Indiana Jones 5,” which premiered alongside “Elemental” at the Cannes Film Festival, an event that drew negative reviews for both films.