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Why 'Warcraft' Is Going to Be So Huge China

11.2K views
•
June 10, 2016
by
Bloomberg Originals
YouTube video player
Why 'Warcraft' Is Going to Be So Huge China

TL;DR

Warcraft movie poised for success in China's vast market.

Transcript

that is the question isn't it fundamentally can this movie appeal to non-gamers in China well look I think it's a number one which I totally agree it's going to be huge the the number of screens that the movie is being released to in China has never been as high as for this particular movie so that's working for it social media buzz is huge and the... Read More

Key Insights

  • The Warcraft movie is expected to be a massive success in China due to the unprecedented number of screens it will be shown on and the strong social media buzz surrounding it.
  • Critics may not have given the movie glowing reviews, but the audience's response and the film's performance at the box office could differ significantly.
  • China's box office market is projected to become the largest globally by 2017, making success there crucial for the movie's overall financial performance.
  • The film's budget is substantial at $160 million, emphasizing the importance of its global success, not just in one market.
  • The movie represents a trend where video games are being adapted into films, with the potential for significant monetization of fan bases.
  • There's a commercial and political angle to the movie's release, with comparisons being drawn to Disney's Star Wars and its performance in China.
  • Star Wars may not have resonated as strongly in China due to its lack of cultural relevance when the original films were released.
  • Social media plays a crucial role in the success of major franchises like Warcraft, leveraging the loyalty and enthusiasm of their fan bases.

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Questions & Answers

Q: Why is the Warcraft movie expected to be a success in China?

The Warcraft movie is expected to succeed in China due to several factors. Firstly, it is being released on an unprecedented number of screens, maximizing its reach. Secondly, there is significant social media buzz and a loyal gaming fan base in China, which are crucial for its box office performance. Additionally, China's box office market is projected to become the largest globally, making success there vital for the film's overall financial success.

Q: How do critics' reviews affect the Warcraft movie's potential success?

Critics' reviews may not have been overwhelmingly positive, but they do not necessarily determine the movie's success. Often, there is a disconnect between critical reception and audience enjoyment. The Warcraft movie's appeal to its target audience, particularly gamers, and its performance in key markets like China could lead to a successful box office run regardless of critics' opinions.

Q: What is the significance of the Warcraft movie's budget?

The Warcraft movie's budget is significant at $160 million, highlighting the importance of its global success. A large budget necessitates substantial box office returns to be profitable. While success in China is crucial due to its growing market, the film also needs to perform well internationally to justify its production costs and achieve financial success.

Q: How does the Warcraft movie fit into the trend of video games being adapted into films?

The Warcraft movie exemplifies the growing trend of video games being adapted into films. This trend leverages the existing fan base of popular games, offering a new way to monetize and expand the franchise. By transitioning from a game to a movie, Warcraft taps into its loyal fans and uses social media buzz to drive box office success, setting a precedent for future adaptations.

Q: What are the commercial and political aspects of the Warcraft movie's release?

The Warcraft movie's release has commercial and political dimensions, particularly in comparison to Disney's Star Wars. There's a rivalry in the entertainment industry, with discussions around market share and cultural relevance. Additionally, political rhetoric, especially from Chinese companies, highlights the competitive landscape between Western and Chinese entertainment entities, influencing public perception and market dynamics.

Q: Why might Star Wars have underperformed in China compared to Warcraft?

Star Wars may have underperformed in China due to its lack of cultural relevance when the original films were released. Unlike Warcraft, which has a strong gaming legacy in China, Star Wars did not have the same established fan base. The timing and cultural context played a role in its reception, affecting its ability to resonate with Chinese audiences as effectively as Warcraft.

Q: How does social media impact the success of franchises like Warcraft?

Social media significantly impacts the success of franchises like Warcraft by amplifying fan engagement and spreading buzz. It allows for direct interaction with audiences, creating a sense of community and loyalty. This engagement can drive box office success by keeping the franchise relevant and exciting, encouraging fans to support the movie and share their enthusiasm with others, thus expanding its reach.

Q: What role does the growing Chinese box office market play in the movie's success?

The growing Chinese box office market plays a crucial role in the Warcraft movie's success. As China is projected to become the largest box office market globally, performing well there is essential for the film's financial success. A strong showing in China can significantly boost the movie's overall box office returns, making it a key focus for producers and distributors aiming for profitability.

Summary & Key Takeaways

  • The Warcraft movie is anticipated to be a significant hit in China, benefiting from a large number of screens and strong social media interest. Despite mixed critical reviews, the film's success in China is crucial due to the country's growing box office market.

  • With a $160 million budget, the Warcraft movie needs global success, but its appeal in China is particularly important. This film exemplifies the trend of video games being adapted into movies, tapping into loyal fan bases for monetization.

  • The film's release also has commercial and political implications, with comparisons to Disney's Star Wars and its reception in China. Social media's influence is vital, as it helps maintain and grow the movie's fan base and market presence.


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