Analyst predicts $1.2 billion box office for Star Wars Episode 7

Yahoo UK Movies News
10 July 2013
Cash money... $1.2 billion predicted for Star Wars sequel (Copyright: Lucasfilm)
Cash money... $1.2 billion predicted for Star Wars sequel (Copyright: Lucasfilm)

Not a millimetre of film has been shot, there are no stars attached, and there's not even a finished script - we don't think - but that's not stopping Hollywood's money men counting the 'Star Wars' takings already.

Credit Suisse analyst Michael Senno, it appears, can look into the future.

He told Variety that the first film of the new 'Star Wars' trilogy, due out in the summer of 2015, should generate profits of $733 million (£492 million) for Disney.

[Is Star Wars sexist?]

In all, he's predicting that it will make a solid – if not record breaking - $1.2 billion (£806 million) for the Mouse House in cinema tickets and more still in merchandising and other commercial deals.

The reason such predictions are being made is down to Disney's share price, which despite the  hammering it should have taken from the losses of 'The Lone Ranger', managed to see a slight rise this week thanks to 'Star Wars'-based confidence in the company.

“The 'Star Wars' franchise should drive strong profit growth and mitigate risk at the studio with fewer risky high budget films,” said Senno.

[Star Wars: The pig that looks like Yoda]

Some had set the loss from 'The Lone Ranger' to be $150 million or even $190 million for Disney thanks to the failed Johnny Depp vehicle, but Senno predicted a slightly more modest $100 million loss.

So instead of Disney's share price falling, it actually rose by 1.3%, thanks also to good business done by both 'Iron Man 3' ($1.2 billion so far worldwide) and 'Monster's University' (currently at $401 million).

The company had to accept a loss of $200 million in 2011, after its massively expensive 'John Carter' flopped.

VA Mortgage Rates In 2016

VA Rates as Low as 2.75% (3.028% APR) 15 Year Fixed. Exclusive For Veteran & Military Takes 1 Min!

Read This Before You Buy Medigap Plan F

Medicare Supplement Plan F is the most popular plan option, but there's another Medigap option you should consider.

How Older Men Tighten Their Skin

Men, reduce the look of wrinkles, sagging skin and fine lines with this affordable and effective skin tightening treatment without leaving your home.

Kid sleep troubles email series for moms

We get it. We’ve been there. Sign up for our email track to learn how to handle kids who won’t go to sleep or won’t stay in bed.

Men Flooding to GNC For This?

A scientific revolution is helping aging men build new muscle and it will blow you away.

What Are The Pros & Cons Of A Reverse Mortgage?

More Americans are accessing their home equity to support their retirement years. Speak with a professional and see what you may qualify for today.

Stop Paying Too Much For Your Prescriptions.

Drug prices vary wildly between pharmacies. GoodRx finds the lowest prices and discounts. Compare prices, print free coupons & save up to 80%.

Men: Tighter Looking Skin In One Easy Step

How older men tighten their skin and reduce the look of wrinkles without cosmetic procedures.

Banks Are Worried Homeowners Will Do This.

Homeowners are surprised and furious. If you owe less than $625,000 on your home, you better read this.

Powerful Tactical Flashlight Flying Off Shelves!

This new tactical flashlight was just released to the public and is flying off shelves in the United States. Limited supplies left, act quick!

Consolidate your Student Loans by Refinancing

Refinance your student loans to a lower rate with SoFi. Find out how much you can save!

Starwood Credit Card

Earn 25,000 Bonus Starpoints®! Use toward Award Nights or Flights.

Have your W-2? File taxes free this weekend

The IRS is accepting returns. File your simple Federal & State taxes for $0 at TurboTax w/Zero hidden costs. Fed Free Edition.

An Overlooked Method To Pay Off Your Credit Card

If you're paying credit card interest, you could save hundreds or thousands of dollars by transferring your balance to this no-fee card.