Disney Went $100 Million Over Budget on One Recent Movie

marvel studios doctor strange in the multiverse of madness $100 over budget
Credit: Marvel Studios

These days, the Walt Disney Company only churns out big movies that feed on fan anticipation and act as theatrical events rather than just film releases. Variety just reported that ALL Disney’s movies “each require production budgets of at least $200 million — plus marketing costs of roughly $100 million.” So, that means every Disney film is looking at a $300 million price tag from the start. Even with such high budgets, Disney just revealed that it went nearly $100 million OVER that budget for one recent Marvel movie.

marvel studios doctor strange in the multiverse of madness $100 over budget Benedict cumberbatch

Credit: Marvel Studios

The crazy and fantastical spectacle that is Doctor Strange in the Multiverse of Madness (2022) started out with the same $200 million budget. But after crunching some numbers, Forbes calculated that the Doctor Strange sequel went about $94.5 million over budget and cost a whopping $349 million overall. Because the film was shot in the UK, which offers tax break incentives, the production was reimbursed $54.5 million, making the net cost roughly $294.5 million.

marvel studios doctor strange in the multiverse of madness $100 over budget

Credit: Marvel Studios

Doctor Strange in the Multiverse of Madness follows Stephen Strange as he teams up with a teenage girl who can travel across multiverses. He travels to different timelines and dimensions, doing battle against threats that have the power to wipe out millions across the Multiverse. Benedict Cumberbatch returns as Dr. Strange, and Elizabeth Olsen’s Scarlet Witch is a notable antagonist who steals the show.

marvel studios doctor strange in the multiverse of madness $100 over budget elizabeth olsen

Credit: Marvel Studios

It’s not surprising that the top-notch actors, complicated filming process, and mind-bending post-production effects ended up costing a ton of money. Marvel films themselves need a massive budget for world-building and to make fantastical things appear real. Multiverse of Madness also struggled through the pandemic-era production restrictions and did a lot of reshooting.

In the end, Sam Raimi’s Doctor Strange sequel grossed $955.8 million worldwide, which still managed to turn a $183.4 million profit from just theatrical revenue.

About Lana Porter

Lana has never lost a Disney Trivia night. Maybe it’s the hundreds of times she’s been to Walt Disney World Resort in Florida, her love for Disney’s ’90’s era hand-animated musicals, or the fact that she’s often likened to cartoon characters, but Disney and its magic have a special place in her heart. Her favorite Disney experiences include the EPCOT Food and Wine Festival, eating Mickey Bars on the PeopleMover, and crying during the Magic Kingdom fireworks show. One day she hopes to be chosen as the rebel spy on Star Tours. When Lana isn’t Park Hopping, she’s at home reading books of all topics, watching her favs on Disney+, or snuggling her two cats, which she swears are not named after Disney characters. She loves surprising people with her knowledge of the Marvel Cinematic Universe but admits she is still catching up with Star Wars. She is happy to combine her excitement for writing with her love for Disney-style storytelling and share what she can with the world!

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