In news that is hardly surprising but still rather notable, early projections have put the budget of Star Wars Episode VII at the highest mark a Star Wars film has ever been at. According to Alan Horn, who was recently interviewed by Bloomberg TV, the budget for Star Wars Episode VII is in the neighborhood of $175 million and $200 million and that’s not a number set in stone.
“We need to give the audience, essentially, a full meal in return for their affection and devotion and love for these properties. We don’t give budgets out. But it will be a big, tent-pole movie budget.”
This doesn’t come as that big of a surprise as film budgets for the first six films were each increasingly bigger than the last but accounting for inflation may make this a high water mark for Star Wars films.
Star Wars: Revenge of the Sith had a budget of $113 million when it was produced in 2003 and 2004 and that was the last of the modern era films to be made. Compare that to the an $11 million budget on A New Hope (which is $42 million in 2014 dollars), and you get an idea of how large scale Episode VII is truly going to be.
We can’t say we’re surprised by this but it’s still noteworthy in that the stakes are being set very high.
[H/T: Market Watch]