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10 Lovecraft Stories That Need Modern Movie Adaptations
(screenrant.com)
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this post was submitted on 21 Jun 2024
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To be fair: from a financial perspective that sounds like the right call, even if the movie would have been interesting.
R rated horror movies just don't bring in the amount of money to sustain high budgets like that. The exception being "It" (and the sequel), but that had more mainstream appeal and also only came out years later.
Although isn't the break even number usually closer to double the budget?
With regard to breaking even, I was just recalling what I found on a small article about the film. So who knows what it would really need to break even? Double sounds more realistic though.