Title: Kevin Costner's New Film 'Horizon: An American Saga' Faces Mixed Reviews and Box Office Challenges
Lead: Kevin Costner's latest film, 'Horizon: An American Saga,' has received mixed reviews from critics and underperformed at the box office. Despite investing a significant amount of his own money into the production, Costner is looking for alternative ways to recoup his investment.
Fact 1: The movie 'Horizon: An American Saga Chapter 1' earned $12 million in its opening weekend.
Fact 2: Kevin Costner invested a lot of money into the film himself, reportedly around $38 million.
Background Information: Costner, who directed, produced, and stars in the multi-part saga 'Horizon,' had been developing the project for decades. Initially planned for a streaming release on Max or another platform, Costner decided to self-finance not just one 'Horizon' movie but potentially four.
Fact 3: To recoup the $30 million spent on marketing, 'Horizon' needs to make north of $65 million domestically.
Fact 4: Costner is negotiating a major deal with a streamer or cable company for the movie's post-theatrical release, known as 'Pay 1.'
Fact 5: The first installment of 'Horizon: An American Saga' had its world premiere at Cannes Film Festival in May 2024.
Bias: Despite the challenges faced by 'Horizon,' Costner remains optimistic about the project and believes it is a throwback to classic Hollywood with deep characters and rich storylines. Some critics argue that audiences are conditioned by TikTok and other social media platforms to expect quick, short movies, making it difficult for longer films like 'Horizon' to find success at the box office.