GTA 5 cost 265 million to make and advertise o.O bigger than 99% of hollywood movies

[Ail]

chapset said:

Based on a report from Scottish newspaper The Scotsman, Rockstar’s upcoming open-world game Grand Theft Auto V was made on a marketing and development budget of £170 million (or $265 million). This makes it the most expensive video game production in history. In comparison with Hollywood films, it is second only to Pirates of the Caribbean: At World’s End - the current record-holder for the most expensive film production – which had a $300 million budget.

In development for the past five years, Take-Two Interactive and Rockstar have put everything into making sure GTA V is the greatest open-world game ever. With over 2.5 million pre-orders already in just the US, analysts are expecting it to be one of the most-sold games of this console generation. GTA IV has so far sold over 25 million copies; how well will GTA V do?

GTA V launches worldwide on September 17 on PlayStation 3 and Xbox 360. Have you pre-ordered your copy yet?

Read more: http://vr-zone.com/articles/grand-theft-auto-v-expensive-video-game-production-history-beats-big-budget-hollywood-films/55320.html#ixzz2eKfWdmoc

I always tought it was around 130-150 million, I am still not sure if that number is accurate

The information in this quote is actually far from being accurate 300 million$ for production + marketing of a blockbuster is actually common these days...

 

This summer alone there were around 5 movies released with a production + marketing budget superior to GTA 5 amount.

Iron Man 3 cost 200 million$ to produce and over 300 million$ for total costs.

Man of Steel cost 225 million$ to produce and estimates put total costs including marketing at 300 million$ +.

Lone Ranger cost 375 million$ to produce + market. ( production was around 215 million$ so as you can see marketing costs can be huge)

Pacific Rim cost 330 million$ to produce + market.

World War Z cost 190 million$ to produce and probably around 300 million$ for total cost.