Producer Neal H. Moritz says the first film cost too much to make another one

Mar 14, 2012 07:33 GMT  ·  By
Producer says “Green Hornet” will not be getting a sequel for money issues
   Producer says “Green Hornet” will not be getting a sequel for money issues

“Green Hornet” wasn't exactly a critical hit, but it did fare decently at the box office. If you're one of those who’ve seen it and were hoping for a sequel, it's time to come to terms with the idea that it won't happen anytime soon.

Speaking with The Hollywood Reporter about his latest film, the buddy cop comedy “21 Jump Street,” producer Neal H. Moritz, who also worked on the “Green Hornet” says the latter will most definitely not be getting a sequel.

Usually, when a film aims to be the first in a long series, as seemed to be the case here, and it doesn't get a sequel, there's some talk about how it wasn't liked enough.

This doesn't apply to “Green Hornet,” Moritz says. It made a decent amount of money at the box office but, as it happens, it was also pretty expensive to make.

This means that, at the end of the day, profit wasn't what the studio had anticipated.

“The problem wasn't that,” Moritz tells THR when asked whether “Hornet” was a box-office bomb.

“The movie did almost $250 million [€191.7 million] and was actually very well liked, but we made the movie for too much money,” the producer explains.

When all the costs were factored in, profit was actually small.

“One, we made it in LA for certain reasons, and two, we decided to go to 3D – that added another $10 million [€7.6 million],” Moritz says.

“If I had done it in a tax-rebate state and not done 3D, it would have been considered a huge financial success for the studio. So we're not making a sequel right now,” he concludes.

Financial considerations have the final say once more, it would seem.

“Green Hornet” was directed by Michel Gondry, and starred Seth Rogen, Cameron Diaz, Jay Chou, and Christophe Waltz.