Summary
The Marvels has the highest budget of any non-Avengers MCU movie at $274.8 million, needing to gross $439.6 million to break even.
Captain Marvel's role in the upcoming Avengers movies could become more prominent, marking her second significant appearance outside of the Avengers main franchise.
In addition to Captain Marvel, The Marvels will introduce Monica Rambeau and Kamala Khan, potentially justifying the substantial budget allocated to the film, as they are both prospective members of the Avengers team.
Disney recently disclosed the budget for The Marvels, making it the most costly non-Avengers film within the Marvel Cinematic Universe. The upcoming Avengers movies may feature Captain Marvel in a more prominent role, giving her second standalone film significant importance. Additionally, the presence of future Avengers, Monica Rambeau and Kamala Khan, alongside Danvers may explain the substantial investment Disney has placed into the project.
Based on Disney's company filings on September 19, Forbes reported that The Marvels had a budget of $274.8 million as of September 2022. With a $50 million subsidy from the UK government, the film will need to earn $439.6 million to break-even. According to The Numbers, this places The Marvels as the fourth most expensive movie in the MCU, falling within $30 million of Avengers: Infinity War and surpassing the cost of The Avengers. Below is a list of the top 10 most expensive MCU films released to date (excluding The Marvels).
Avengers: Endgame - $400 million
Avengers: Age of Ultron - $365 million
Avengers: Infinity War - $300 million
Guardians of the Galaxy Vol. 3 - $250 million
Black Panther: Wakanda Forever - $250 million
Thor: Love and Thunder - $250 million
Captain America: Civil War - $250 million
The Avengers - $225 million
Ant-Man and the Wasp: Quantumania $200 million
Doctor Strange in the Multiverse of Madness - $200 million
How The Marvels Budget Compares To The Rest Of The MCU
With its impressive worldwide box office gross of over $1.1 billion, Captain Marvel's success has instilled confidence in Disney to target a $439.6 million haul for the sequel. Although not guaranteed, it is highly probable. The upcoming film, The Marvels, will play a crucial role in setting the stage for Avengers: The Kang Dynasty, expanding and developing Danvers' character as she potentially assumes leadership of the Avengers. Additionally, previous Phase 5 releases have exceeded the $440 million mark domestically, which bodes well for this latest addition to the Marvel Cinematic Universe.
While the production budget of $270 million may seem substantial, it aligns with the trend observed in recent major MCU releases. Films like Black Panther: Wakanda Forever, Thor: Love & Thunder, and Guardians of the Galaxy Vol. 3 had comparable budgets of $250 million, putting them just below The Marvels. The only non-Avengers Infinity Saga film to match this budget was Captain America: Civil War, which also surpassed $1 billion in worldwide gross, albeit featuring several Avengers characters. This suggests that The Marvels is likely to offer the same grand scale and spectacle as its predecessors, appealing to a wide audience.
Content may be rewritten as follows:
With Avengers: Age of Ultron considered the weakest installment, Disney's quest to surpass the $1 billion mark appears undeterred. The worldwide box office earnings for Avengers: Infinity War and Avengers: Endgame stand at an impressive $2 billion and $2.8 billion, respectively. Consequently, there is considerable pressure on Carol Danvers to guide The Marvels to similar success. Notably, Multiverse Saga movies featuring new characters like Eternals and Shang-Chi and the Legend of the Ten Rings have underperformed, making it uncertain if Rambeau and Khan alone can captivate audiences. The Marvels' release later this year will reveal the outcome.