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Studio Takes a $115M Write Down on a Film Months Before It's Even Released

By Dustin Rowles | Industry | September 22, 2016 |

By Dustin Rowles | Industry | September 22, 2016 |

Paramount does not have a lot of faith in its upcoming release Monster Trucks. The studio announced this week that it is taking a $115 million write down on a project that only had a $125 million budget to begin with. Clearly, Paramount thinks the movie — which had its original summer 2015 release date pushed to Christmas 2015 before pushing it again to January of 2017 — is going to perform very, very poorly, and maybe they’re right.

When we previewed the trailer in June, I wrote: “I will tell you that it’s terrible, and you will still be surprised by how laughably awful it actually is.” That still holds true. The film stars Lucas Till, Jane Levy, Amy Ryan, Rob Lowe, Danny Glover, Barry Pepper and Holt McCallany.

I dunno guys. Rewatching that trailer, I think that $115 million write down might be a bit generous. In fact, I think Paramount should reimburse everyone who watched that trailer for the loss of time better spent dicking around on the Internet. Or rather, dicking around elsewhere on the Internet.

Monster Trucks was actually meant to be a broad family action movie, but the result seems to be a movie more oriented for kids, which has Paramount concerned. I think, however, that it may be the movie’s one saving grace: Kids don’t give a rat’s ass how bad a movie is. There are a lot of kids that just want to see a movie with monster trucks in it, their parents’ wishes be damned.

Source: Deadline

Dustin is the founder and co-owner of Pajiba. You may email him here, follow him on Twitter, or listen to his weekly TV podcast, Podjiba.

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