Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua

Transformers News: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua

Friday, August 4th, 2017 1:12PM CDT

Category: Live Action Movie News
Posted by: william-james88   Views: 17,152

Topic Options: View Discussion · Sign in or Join to reply

An exclusive article from Variety tells that Paramount's film financing partner Huahua, a media company based in China, is angry at "losing tens of millions of dollars on a $1 billion slate-financing deal with Paramount Pictures".

The anonymous source, close to Huahua, says the following in the article:

We have incurred losses for the first months of the current year. These are not trivial losses; they are huge losses.


Viacom needs to explain a better plan for how it spends [our] investment money


This has prompted Viacom (the owner of Parmount) executives to visit China in hope to reassure Huahua.

The article specifically highlights Transformers: The Last Knight as a major factor in the current distress, here is another quote from the article:

The company was particularly incensed that the most recent “Transformers” did not perform better in China. The film made nearly $230 million in the Middle Kingdom, but that was a significant drop-off from the $320 million earned by its predecessor, “Transformers: Age of Extinction,” in 2014.


Transformers News: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huah
Credit(s): variety
Search Got Transformers News? Let us know here!

Most Popular Transformers News

Most Recent Transformers News

Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1901995)
Posted by Deadput on August 4th, 2017 @ 1:17pm CDT
SnoopDawg wrote:Am I the only one who thinks that Barricade concept art looks bad*ss? I definitely prefer the concept over the actual.


Me as well in fact I thought of a way to use both designs that would of made people happy.

The concept art up there would be the actual Barricade




While the one used in the film would become Barricade's Vehicon squad which would be kind of like a real life police squad and there would be around 6-8 of them in the movie...they would be cannon fodder but they would be awesome while being so. and would probably be a reason to have some of the Decepticons survive the movie or at least last until the final battle unlike what happened to them in the movie.



As you can see by the art alone there is some differences between the two designs besides the heads for example Barricade is black and white while the Vehicons would be blue and white, the arm guns are different as well...also if this was my movie only Barricade would have knuckledusters and Barricade would keep his old "To punish and enslave" motto while the Vehicons would have "Keep calm and hail Megatron" that was on Barricade's car later in the film.

Huh while making this post I just noticed the revamped concept art has the rear view being the same colors and design (gun arm) as the first version Josh did but it has the new head.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1901998)
Posted by Kurona on August 4th, 2017 @ 1:20pm CDT
Damn, that's surprising. Maybe this'll prompt Paramount into giving the movies a different approach?
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902000)
Posted by william-james88 on August 4th, 2017 @ 1:22pm CDT
Kurona wrote:Damn, that's surprising. Maybe this'll prompt Paramount into giving the movies a different approach?

I personally think its because Paramount was relying on this Transformers film to balance out the year's losses so far. So not only did its own budget need to be met, but previous losses too. And as of now, it has barely made back its budget in terms of revenue Paramount is actually getting.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902006)
Posted by WreckerJack on August 4th, 2017 @ 1:29pm CDT
Kurona wrote:Damn, that's surprising. Maybe this'll prompt Paramount into giving the movies a different approach?

Let's certainly hope so. You'd think they would listen to the fans or the declining interest in the movies.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902013)
Posted by Deadput on August 4th, 2017 @ 1:39pm CDT
WreckerJack wrote:
Kurona wrote:Damn, that's surprising. Maybe this'll prompt Paramount into giving the movies a different approach?

Let's certainly hope so. You'd think they would listen to the fans or the declining interest in the movies.

It's franchise fatigue...the movies being mediocre just sped up the process that's finally starting to catch up with marvel films like look how Spiderman is doing.

I don't think the movies becoming "great" is going to help much...the awe factor that was around for 2007 and Rotf for Transformers movies being a new and big thing is gone so if a reboot happens all that's really going to happen is.

"Oh hey look another Transformers movie"

When was the last time people got excited for reboots again?
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902037)
Posted by Deadput on August 4th, 2017 @ 3:07pm CDT
Furio uploaded another angle of the Knight helmet we have seen before so while nothing exciting it's something and I rather get a whole lot of concept art that might be a little repetitive then barely anything that leaves me wanting more.

I like how the eyes look though.



https://www.instagram.com/p/BXYnUAugkRy/?taken-by=furio_tedeschi
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902044)
Posted by Clockwork Animations on August 4th, 2017 @ 3:41pm CDT
[quote="Bronzewolf"]Coming hot off the heels of the Red Knight piece reported on earlier today, we now have a gallery's worth of concept art for Transformers The Last Knight, coming from three artists

Anyone else notice galvatron sittin on the ship next to prime? :lol:

https://mobile.twitter.com/thomaspringle1
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902046)
Posted by Deadput on August 4th, 2017 @ 3:45pm CDT
Clockwork Animations wrote:
Bronzewolf wrote:Coming hot off the heels of the Red Knight piece reported on earlier today, we now have a gallery's worth of concept art for Transformers The Last Knight, coming from three artists

Anyone else notice galvatron sittin on the ship next to prime? :lol:

https://mobile.twitter.com/thomaspringle1


Yeah the Galvatron and Prime on the poseter are very likely placeholders.

I recognize that Galvatron as a fan made render and the Optimus is from some fan art I think

Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902047)
Posted by WreckerJack on August 4th, 2017 @ 3:57pm CDT
Deadput wrote:
WreckerJack wrote:
Kurona wrote:Damn, that's surprising. Maybe this'll prompt Paramount into giving the movies a different approach?

Let's certainly hope so. You'd think they would listen to the fans or the declining interest in the movies.

It's franchise fatigue...the movies being mediocre just sped up the process that's finally starting to catch up with marvel films like look how Spiderman is doing.

I honestly think if they took a few years off and did something with a better director they could pull it off.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902051)
Posted by JazZeke on August 4th, 2017 @ 3:59pm CDT
Maybe Hasbro needs to make some movies of their other properties and once they're established, THEN introduce a rebooted Transformers into their movieverse.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902055)
Posted by o.supreme on August 4th, 2017 @ 4:16pm CDT
There is one thing that saddens me about all of this. Are the movies good...No they are not. Well I probably give them more credit than most, but I cant deny they are a mess, especially this latest one...

Still there are internet trolls everywhere celebrating the *death* of this franchise. Its not that they want a fresh take on Transformers, they legitimately want it to go away, forever, and sad to say, I can see this happening.

Most fans hope, maybe this will get Paramount to rethink things and start over. But remember, this film franchise is only a decade old. Its more likely to cease completely, which makes me sad.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902068)
Posted by Blackstreak on August 4th, 2017 @ 5:31pm CDT
Poor, Chinese! A business venture is a risk for all partners involved. Bunch of whiney children.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902069)
Posted by Cmdr. Trailblazer on August 4th, 2017 @ 5:39pm CDT
Blackstreak wrote:Poor, Chinese! A business venture is a risk for all partners involved. Bunch of whiney children.


The Chinese ain't the only ones that are disappointed. The Last Knight did a good deal worse then was expected financially, and it was projected to be one of the lowest of the franchise. Also, they invested 1 BILLION DOLLARS. That's not a little bit of money. I'd say they have the right to be a bit so-called 'whiney'. If I loaned someone a billion dollars, I'd be pissy too if I didn't get it back.

o.supreme wrote:There is one thing that saddens me about all of this. Are the movies good...No they are not. Well I probably give them more credit than most, but I cant deny they are a mess, especially this latest one...

Still there are internet trolls everywhere celebrating the *death* of this franchise. Its not that they want a fresh take on Transformers, they legitimately want it to go away, forever, and sad to say, I can see this happening.

Most fans hope, maybe this will get Paramount to rethink things and start over. But remember, this film franchise is only a decade old. Its more likely to cease completely, which makes me sad.


This is unfortunately very true. I've seen it all over the place. People wanting the franchise to go away. However, the movies are all they see. The franchise goes further beyond the movies. The shows and to a much lesser degree, the comics, often have to ride on the success of these movies. If the movie franchise goes away, along with the audience they have and bring, I think it may signal the decline of the entire brand.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902072)
Posted by DeathReviews on August 4th, 2017 @ 5:49pm CDT
I like hearing good news about Transformers, but I make no secret of the fact that I don't think much of the 'Bayverse' films. They're too formulaic for my taste, too predictable. Bay has a number of gimmicks that he's known for in his movies, and for Transformers in particular he seems to be going through a playbook step by step. And in the most recent movie, they put more emphasis on camera movement and rotation than on good writing. Just being in an IMAX theater doesn't mean people will like it.

And what's the deal with having the actors either screaming at the top of their lungs, or mumbling/muttering so low under their breath, that you can't understand a word they're saying? It isn't just Transformers doing that either, it's in lots of films and TV shows. It's like the writers gave up on having the characters actually saying anything and just have them mumble to cover up the fact that what they're saying really isn't very interesting.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902094)
Posted by Deadput on August 4th, 2017 @ 7:11pm CDT
DeathReviews wrote:
And what's the deal with having the actors either screaming at the top of their lungs, or mumbling/muttering so low under their breath, that you can't understand a word they're saying? It isn't just Transformers doing that either, it's in lots of films and TV shows. It's like the writers gave up on having the characters actually saying anything and just have them mumble to cover up the fact that what they're saying really isn't very interesting.

To be fair this has kind of been happening forever...it's just been happening more lately.

I have sensitive ears (my definition of loud noise is probably more then other people's) and while I can hear the "noise" well enough I still have trouble understanding what words are being said sometimes and the biggest problem?

The damn music is always louder then anything else...thank god for the video games that allow me turn down the music a bunch and raise the voices.

I also don't think it's a writers thing most of the time it's either on the Actors making stuff up that isn't in the script to begin with or a director telling the actors to say other things.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902099)
Posted by Deadput on August 4th, 2017 @ 7:34pm CDT
The Pringles man has uploaded a couple more pieces of art.

The Talisman which is...a uh talisman nothing else to really say about it.


https://www.instagram.com/p/BXZBwykjMA2/?taken-by=pringleart


Megatron in jet form flying across the desert which is presumably based off the scene where Megatron meets Lennox and the Trf.

https://www.instagram.com/p/BXZDbR4DxJ5/?taken-by=pringleart


Hopefully this doesn't come across as me telling you guys on how to do your job but instead of making a post everyday about a couple bits of art I would wait about a week and then make a big post with everything in it that way more people will notice the post and it won't clutter up the main page and it will be easier for people to find these in the future instead of going through post after post to find a couple of specific pieces.

I talked to Josh Nizzi briefly and I know he is going to upload other stuff like for example the prison Decepticons and Josh seems to be going on a "upload one a day" schedule...I did suggest for him to do that in the comments for the WW2 Bumblebee post so it would generate hype.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902132)
Posted by Bronzewolf on August 4th, 2017 @ 9:39pm CDT
Deadput wrote:The Pringles man has uploaded a couple more pieces of art.

The Talisman which is...a uh talisman nothing else to really say about it.


https://www.instagram.com/p/BXZBwykjMA2/?taken-by=pringleart


Megatron in jet form flying across the desert which is presumably based off the scene where Megatron meets Lennox and the Trf.

https://www.instagram.com/p/BXZDbR4DxJ5/?taken-by=pringleart


Hopefully this doesn't come across as me telling you guys on how to do your job but instead of making a post everyday about a couple bits of art I would wait about a week and then make a big post with everything in it that way more people will notice the post and it won't clutter up the main page and it will be easier for people to find these in the future instead of going through post after post to find a couple of specific pieces.

I talked to Josh Nizzi briefly and I know he is going to upload other stuff like for example the prison Decepticons and Josh seems to be going on a "upload one a day" schedule...I did suggest for him to do that in the comments for the WW2 Bumblebee post so it would generate hype.


Appreciate the imput, Deadput, that's a good idea. I don't think any of us expected this much, so that might be what we do going forward, if this keeps up.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902136)
Posted by User897 on August 4th, 2017 @ 9:57pm CDT
Good. Hopefully it puts a nail in the Bay coffin. HasBLO should get their fingers slammed in the door too on their way out.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902149)
Posted by Deadput on August 4th, 2017 @ 10:24pm CDT
User897 wrote:Good. Hopefully it puts a nail in the Bay coffin. HasBLO should get their fingers slammed in the door too on their way out.
A fantastic idea man I bet they want to work extra hard just for you now.../s

Hasbro is basically one half of why Transformers exist...this would be like you hoping one of your parents gets hurt for not buying the toy you wanted.
Re: Transformers: The Last Knight and other Paramount Films have Incurred "Huge Losses" for Partner Huahua (1902164)
Posted by william-james88 on August 4th, 2017 @ 10:53pm CDT
Deadput wrote:
I talked to Josh Nizzi briefly and I know he is going to upload other stuff like for example the prison Decepticons and Josh seems to be going on a "upload one a day" schedule...I did suggest for him to do that in the comments for the WW2 Bumblebee post so it would generate hype.

Hype, sure but that will definitely cause a strain on newsing stuff. If thats what he is dead set on, then I might just wait a week and do a weekly "what new stuff has he posted?" article.

Ending Soon On eBay

Transformers Universe VOYAGER CLASS LEO PRIME TARGET EXCLUSIVE NIB - Time Remaining: 1 day 15 hours 3 minutes 3 seconds
TRANSFORMERS Reveal the Shield SOLAR STORM GRAPPEL Voyager Class - Time Remaining: 5 days 4 hours 7 minutes 44 seconds
TRANSFORMERS [2016] DIE CAST OPTIMUS PRIME GIFT with MP33 INFERNO - Time Remaining: 1 day 6 hours 8 minutes 28 seconds
Transformers Energon Barricade Onslaught D5 Bruticus Maximus Main body MOC - Time Remaining: 3 days 2 hours 15 minutes 14 seconds
Takara Tomy Transformers Unite Warriors UW08 Computron Action Figure F/S Used - Time Remaining: 23 days 5 hours 19 minutes 50 seconds
Transformers UNIVERSE WAR OF THE WAVES AIR RAID STORM SURGE WALMART EXCLUSIVE - Time Remaining: 1 day 18 hours 23 minutes 47 seconds
Transformers Legends LG43 Trypticon Figure JAPAN - Time Remaining: 2 days 17 hours 33 minutes 32 seconds
PRE TRANSFORMERS G1 MINI BOT LOT IGA WHITE BUMBLEBEE ESTRELA WINDCHARGER TAKARA - Time Remaining: 6 days 10 hours 39 minutes 25 seconds
Transformers Podcast: Twincast / Podcast #188 - Mutinous Intent
Twincast / Podcast #188:
"Mutinous Intent"
MP3 · iTunes · RSS · View · Discuss · Ask
Posted: Monday, November 13th, 2017