The encyclopedia · Product & Design · Product decision · 2012–2018
China's most expensive film pulled itself from cinemas after 3 days
The 750M-yuan fantasy Asura earned under 50M yuan in its opening weekend, so its backers yanked it from cinemas after three days — a projected $105M loss.
Zhenjian Film Krypton · 2018-07
What happened
Asura, a fantasy epic adapted from Buddhist mythology, was conceived in 2012 by a Chinese producer who wanted a visual-effects blockbuster that could compete with Hollywood. Production stretched six years to a stated budget of 750 million yuan (about $112 million), making it the most expensive film ever made in China.
The money went into a star-studded cast and heavy CGI, and the film was marketed for months on Weibo, drawing some 390 million mentions. When it opened on 13 July 2018, it earned under 50 million yuan (about $7 million) in its first three days — a fraction of what such a budget needed to recover.
On 15 July, three days into release, the producer Zhenjian Film announced the film would be pulled from cinemas so it could be 'adjusted and improved' and re-released. The studio blamed a poor opening and suggested a paid 'water army' had artificially tanked its Douban rating of 3.1/10.
The withdrawal was widely read as an attempt to stop the embarrassing box-office numbers from being counted. Analysts projected a loss of about $105 million if the film was not re-released successfully, and the re-release never materialised.
Why it happened
- The budget was built to Hollywood scale for a market and genre with no track record of repaying it.
- Six years of production and a niche fantasy subject left no audience guarantee behind the big spend.
- Pulling the film after three days preserved face but locked in the loss and killed any chance of a long run.
The lesson
Asura showed the most expensive Chinese film ever could still fail: budget buys cast and CGI, not an audience, and pulling the film after a bad weekend made the loss certain.
Aftermath
The film never returned to cinemas. The withdrawal became a reference point in coverage of China's box-office flops and the risks of betting on visual-effects epics.
Sources
- BBC News, 17 July 2018 — China's most expensive film pulled after opening weekend (750m yuan / $112m budget; under 50m yuan weekend gross; three days in cinemas; studio said it would rework and re-release; projected $105m loss)
- The Guardian, 16 July 2018 — Most expensive Chinese film ever pulled from cinemas after it bombs (750m yuan / £85m budget; 49m yuan opening weekend; producer said decision was not only about box office and planned changes; low 3.1/10 Douban rating; ~390m Weibo mentions)
spotted an error? The club wants to know.
More like this
A 200M yuan animated epic scored 8.1 on Douban and still pulled itself from theaters
Operation Hadal 蛟龙行动: a ¥10亿 submarine epic that pulled itself from theaters
Creation of the Gods II — a ¥3B trilogy that dropped to half its predecessor's gross
Somewhere, someone solved the problem this company failed at. 2nd Opinion →

Comments · 0
Sign in to join the comments.