Have you ever sat down and take a little stroll on the internet? Go around and feed yourself on how much movie industries can actually make on a single movie. Like how much it takes to create a single movie and how much the movie can potentially make if it become a success. Well, that's something I did some months ago which got me feeding my urge with informations on how things really work in the movie industry.
Well, not that I know much because there's actually a lot to learn about how the movie industry works and since I'm not planning to be a part of those stuffs, I just try to get what's enough to answer my questions. If there's anything I've come out with actually about it, it is that every standard building must have a very solid foundation. A good story/script I realized, can go a long way in making a movie a success even before it is. But is it just about the story? Na! Na!!, there's a whole lot of other stuffs that makes a movie a big success. If you'll agree with me, a good story is like a good way to convince investors to put money in your project. When you have a story and strategy that catches the eyes of producers, you're one step closer to seeing your movie turn to a great success
Normally, having a good script handled by good producers with professional casts in a project, and of course a good production company to help handle the rest, the project should at least earn 2-3x of its budget some years ago when the movie industry was given less attention. But nowadays, a great movie can actually make x7-8 or more of it's budget.
A perfect script can actually go a long way in helping a project get funded (cause more than expected percentage of the movies you watch are not funded by the owner and that's due to the humongous amount of money that's required to finish this kind of projects).
Take for example Matrix, a movie that was released about 2 decades ago. We all know Matrix as a movie that rock the ground when it was first released back then in 1999, but a lot has gone underground before the movie became a success one of which is convincing the producers with the script.
In 1994, the Wachowskis presented the script for the film Assassins to Warner Bros. Pictures. After Lorenzo di Bonaventura, the president of production of the company at the time, read the script, he decided to buy rights to it. Assasins is a film that feature Sylvester Stallone and Antonio Banderas which later became a success after being written and directed by the Wachowskis.
The trust gained from the success of this made MATRIX script (also written by the Wachowskis and later directed by them) accepted by di Bonaventura, the president of Warner Bros as at that time and of course other believers of the project and this convinced Warner Bros to invest as much as $60 million on the project as at the time of production (1996-1999). Of course a whole lot of stuffs and sacrifices were made to see the movie through (you can read about it on wikipedia as I'm not going to be talking a lot about that side) after taking more than 2 years to produce.
Normally, this goes for most of the movies we see. Having an interesting script is one, being able to convince the production company to invest in your project is another but of all, a good script is always a good foundation. The Matrix, a movie with an estimated budget of $63 million after becoming a huge success raked in $465.3 million at the Box Office back then. And if you asked me, I'd say that's more than x7 of the budget.
To mention a few, a good script, great directors, professional casts, nice locations, good editors, a nice production company is more of what can lead a movie to success. Talking of great casts, not just about the ones that are stars or already known in the film industry but actors and actresses that can do exactly what you wanted of them.
Will Smith was supposed to play the role of Neo in the Matrix but dropped the role after claiming that he did not quite understand the concept and he turned down the role to instead film Wild Wild West. Then Keanu Reeves took over the role, did months of training close to a year and he was ready. And if you ask me, I wouldn't have think of a better actor for the role (Keanu Reeves aka John Wick).
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Some information source - Wikipedia
When I watched a movie I always view the ratings in rotten tomatoes