How Much In The Heights Cost to Make Compared To Disney+’s Hamilton

The In the Heights film sports a moderate production budget, which is actually cheaper than what Disney paid for the Hamilton movie rights.

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Here’s how much In the Heights cost to make compared to Disney+’s Hamilton. For the second summer in a row, one of Lin-Manuel Miranda’s acclaimed musicals is looking to make a splash with critics and audiences. After being delayed last year due to the coronavirus pandemic, the In the Heights adaptation is finally being released. As part of Warner Bros.’ 2021 strategy, the film is hitting theaters and streaming on HBO Max simultaneously. In the Heights has received very positive reviews, with some critics considering it one of the year’s best movies.

In the Heights has drawn many comparisons to Hamilton, which found tremendous success last year streaming on Disney+. It led to a massive increase in new subscriptions last summer and became one of the streaming service’s biggest draws. Since In the Heights is playing in theaters, the circumstances surrounding its release are obviously different, but there’s still interest in seeing how it performs compared to Hamilton over the course of its run. The good news for WB is they don’t need it to be a record-breaking smash in order to turn a profit.

The In the Heights production budget is reportedly $55 million, which makes it a cheaper investment than Hamilton. Disney paid $75 million for the Hamilton rights. The Hamilton movie was comprised of three different stage productions filmed in 2016. When the show made it to Broadway, the production was granted a $12.5 million budget. Disney’s original plan was to release Hamilton theatrically in October 2021, but that changed in the aftermath of the COVID-19 outbreak.

Despite missing out on what likely would have been a massive box office haul, Hamilton still proved to be a worthwhile investment for Disney, giving Disney+ a must-see event at a time when many people were stuck inside. Hamilton was actually a bigger hit than The Mandalorian, illustrating its wide impact. It’s unlikely In the Heights can reach those heights, but the film is well-positioned for success. The moderate production budget means its break even point is around $110 million worldwide, which it should be able to reach. The box office is showing signs of life this year after enduring a rough 2020, with titles like Godzilla vs. Kong and A Quiet Place Part II becoming big hits. With COVID-19 vaccines now available, people are starting to feel safer going to the theater.

In the Heights also isn’t facing much direct competition at the box office, as it plays as more of a counter-programming option to the typical summer genre fare. That, combined with the strong word-of-mouth, should make it a substantial draw for those looking to see a feel-good movie on the big screen. It’ll also be interesting to see how In the Heights fares on streaming, and if it brings in a considerable number of new subscribers to HBO Max. It may not have a Hamilton-sized effect on the service, but WB has seen movies pull off the one-two punch of being a hit in theaters and on streaming. In the Heights has the makings of being the next one.

Link Source : https://screenrant.com/in-heights-movie-budget-cost-hamilton-musical-comparison/