I saw Volcano and Dante's Peak again earlier this month on TV. Volcano is hilariously bad in places, and has some right idiotic characters. Plus, idiotic science. Dante's Peak is actually quite good. Nice build up of tension, with events loosely based on Mount St Helens in real life. A shame they were going for the realist (compared to Volcano) route then blow it with the standard "out run the pyroclastic flow" bit, but then, I guess you couldn't get a Hollywood happy ending in real life from the moment they go to save the kids on.
Anyhow, Dante's Peak beats Volcano in the "being a good film" stakes, imo.
I saw Men in Black (which had a lot of SFX spots plus Will Smith and Tommy Lee Jones - there's your budget!), Contact, Batman and Robin and Lost World at the cinema at the time. Lost World is amazing when you are 10. Contact is sleep inducing, despite the cast.
And yet despite this Hollywood has learned absolutely nothing about trying to keep budgets within reason and not blowing money on stupid shit.
Actually, there is little chance they change their ways. Economically, the only real change is that they make very few mid-budget films anymore. Low budget films are low risk/high reward and big budget films are big risk/bigger reward scenarios. Even massive flops can earn back money through the various markets. If not, they are valuable ways to dump costs as losses for tax purposes. Mid budget films don’t offer as much flexibility for the studio.
Feeling charitable? Donate to the MDA via my link for our Muscle Walk team!!
Was it Speed 2, the 2nd most expensive I remember it costing quite a lot
you would think since so much of the earth is water, they wouldn't be so expensive
Gore Verbinski once talked about why movies set at sea often cost so much, having experienced all the problems while working on the first three Pirates of the Caribbean movies.
Building and maintaining giant water tanks and large-scale (or sometimes full-scale) replicas of ships takes much more manpower and resources than land-based sets, and filming on location (ie. the sea) presents all number of variables that can severely screw up your timetable (bad weather, uncooperative tides, etc.), which can lead to delays of weeks or months, leading to a production going massively over budget.
CGI has enabled filmmakers to avoid a lot of those problems, but that by itself is often as expensive, and oftentimes more expensive, than doing it the old-fashioned way.