The James Bond film series from EON Productions and MGM have never exactly been inexpensive, since they often feature some of the most lavishly designed sets, props, and action sequences that you’ll see anywhere. With the latest film in the series, Spectre, beginning production this week, a new report from Variety has details stating that it will be the most expensive film produced in the series to date.
The report from Variety places Spectre‘s budget in the neighborhood of $300-350 million, which would be a pretty large increase from the budget of 2012’s Skyfall, which sat between $150-200 million. 2008’s Quantum of Solace had a budget of $200 million (confirmed in an interview with the director by THR), while 2006’s Casino Royale sat at $150 million. The increase in budget is likely emboldened by the massive box office success of Skyfall, which was both one of the most profitable and one of the most critically acclaimed Bond films released in the series.
According to the report from Variety, MGM and Sony (who are co-financing the project) attempted to talk the film’s longstanding producing team into lowering the budget by shooting in less expensive locales and changing certain environments to make them less strenuous on visual effects teams, among other things. It seems as though those discussions were fruitless, however, as the desire to build on both the success and narrative development of Skyfall necessitated that the new film maintain its level of investment. The report also states that a sponsorship from the Heineken beer company helped slightly in bringing down production costs.
Spectre was recently announced as the 24th film in the main James Bond series, and will star returning players Daniel Craig as Bond (in his fourth outing in the role), Ralph Fiennes as M, Naomie Harris as Miss Moneypenny, and Ben Whishaw as Q. New stars joining the cast for this film include Christoph Waltz as Franz Oberhauser, Dave Bautista as Mr. Hinx, Monica Bellucci as Lucia Sciarra, and Lea Seydoux as Madeleine Swann. It’s scheduled to be released on November 6th, 2015. For more on the film as it develops, keep your eyes peeled to GeekNation.
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