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Borderlands grosses around $16 million worldwide, which is about $60 million short of breaking even. And that's not including the theatres' cut.

The Borderlands movie is continuing to spiral downwards in a way, which I mentioned yesterday, that is so dramatic, it makes me sad. Its US box office debut brought in $8.8M, which is, according to Variety a lot less than the $115M it cost to make, and the $30M it cost to distribute and market.

According to GamesIndustry.biz the global box office figures are out, and they don't look that much better. The gross (as opposed to gross income, and I'm not being extra mean here) for the Borderlands film? $16.5 million.

Let's do some quick maths to see how much Lionsgate would need to make in order to break even. The movie cost $145 million to make if you squish those production and marketing/distribution values together. The studio claims that presales covered 60% of the production costs, or $69 million. Add $16.5 million to that and you have $85.5 million. The remaining $59.5 million is still to be found.

But it's worse than that. Before a movie theater gets its money, box office numbers are taken. This can range from 20%-50%, depending on the theatre, the studio, and other factors.

It's hard to say how much Lionsgate will receive, but (in the best case scenario) you can safely say that it will be about two-thirds.

What's the impact on Borderlands? Gearbox and Take-Two Interactive are lucky, because it's not true. Take-Two CEO, who wants us to give this movie a shot, said in an interview with IGN that "the performance would not have a financial effect on us or the franchise one way of another."

Gearbox CEO Randy Pitchford has been posting through it and confirms this twice on Twitter: "Whatever money was spent on the film came from the movie company, Lionsgate," Pitchford writes before launching into his next spiel.

"We are working on our games, and we're happy that a lot of people now know about Borderlands who didn't before. I'm so happy you think our games are better than the movie, which was made by some of the world's best actors and directors. That's a great compliment! You saw the movie, right?"

Statistically, it is likely that many of those who are slamming Pitchford haven't seen the movie. Joshua Wolens, PC Gamer's News Writer, did see it, but he didn't enjoy it. It seems that his "disconcerting feeling it could end up as a (relatively) box office success" never materialised.

Interesting news

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