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Never once lost money
- Last year the company earned $5 million in profit. The Asylum has never once lost money on a film. While Battleship was a $200 million failure for Universal Pictures, The Asylum's version, American Warships, made a 50 percent profit of $250,000.
www.gq.com/story/sharknado-atlantic-rim-pacific-rim-asylum-movie-spoofFrom Asylum, the People Who Brought You (a Movie Kinda Sorta ...
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The Asylum is an American independent film company and distributor that focuses on producing low-budget, direct-to-video films. The company has produced titles that capitalize on productions by major studios, often using film titles and scripts very similar to those of current blockbusters in order to lure customers.
(Full disclosure: I know multiple people who've gotten lucrative and steady work at the Asylum to pay their bills while they worked on their labors of love. So I've kinda got a soft spot for the company.)
Nov 1, 2022 · Formed in 1997, B-movie specialists The Asylum have carved out a Hollywood niche through a savvy mix of extremely low-budget quickies, well-timed "mockbusters" and sharks.
Oct 5, 2015 · In their almost twenty year existence, Asylum has yet to lose money on a release. Their films release straight-to-video, on basic cable networks, and in international markets. They know what their audience wants – catering each film released to a specific market.
I recall reading This article: https://www.gq.com/story/sharknado-atlantic-rim-pacific-rim-asylum-movie-spoof which states that The Asylum ahve never lost money on a film, it's highly likely that is still true, if you make a film cheap enough you can make money on it, no matter the quality.
Since the company produces dozens of films every year, this model generates millions of dollars, and the company claims to have never lost money on a film. The Asylum spends around 4-6 months making a film, and since the company is not affiliated with any industry guilds other than SAG-AFTRA, this means their employees will sometimes work ...
