United StatesUniversal Pictures’ ‘Jurassic World: Dominion’ has become the most expensive film in Hollywood history, with a production cost of $658.8 million, surpassing Disney’s ‘Star Wars: The Force Awakens’ which previously held the record at $638.9 million. The high cost was largely due to the challenges posed by the COVID-19 pandemic, including safety protocols, delays, and ongoing expenses during production shutdowns. The film’s cast was quarantined at a luxury hotel in the UK, adding to the overall expense. Financial disclosures in the UK revealed the full cost, as British law requires detailed financial statements for tax rebate claims. Universal received a $127.8 million rebate, reducing their net outlay to $531 million. However, despite earning over $1 billion globally, Universal faced a modest loss on the theatrical release alone.
Bias read (Center): The article discusses the financial aspects of a major film production and does not present any political opinions, biases, or controversial issues. It focuses on economic data and industry practices related to movie production costs and tax incentives.
