Creed III Budget

What is the budget of Creed III?

"Creed III," a drama released in 2023, was directed by Michael B. Jordan and stars Michael B. Jordan, Tessa Thompson. The production budget was $75,000,000, placing it in the high-budget range for drama productions of its era.

Key Budget Allocation Categories

While specific budget breakdowns are not publicly available, typical cost drivers for a drama production like this include:

• Above-the-Line Talent: Drama films live or die on the strength of their performances.
• Location Filming & Period Production Design: Authentic locations , whether contemporary or historical , require scouting, permits, travel, lodging, and often significant dressing to match the story's time period.
• Post-Production, Color Grading & Score: The editorial process for dramas is typically longer than genre films, with careful attention to pacing and tone.
• Pre-Production: In February 2020, Zach Baylin was announced as screenwriter, with Jordan confirmed to reprise his role as Adonis Creed.

What were the major cost factors in Creed III?

Several factors contributed to the overall production costs of "Creed III."

• Above-the-Line Talent: Above-the-Line Talent is one of the primary cost drivers in drama productions of this scale.
• Location Filming: Location Filming & Period Production Design is one of the primary cost drivers in drama productions of this scale.
• Post-Production: Post-Production, Color Grading & Score is one of the primary cost drivers in drama productions of this scale.

How Does Creed III's Budget Compare to Similar Films?

At $75,000,000, Creed III sits in the high-budget range. Here is how it compares to productions with a similar budget:

• Practical Magic (1998): Budget $75,000,000, Worldwide Gross $46,733,235
• The Hunger Games (2012): Budget $75,000,000, Worldwide Gross $694,000,000
• Robots (2005): Budget $75,000,000, Worldwide Gross $262,511,490
• Sing (2016): Budget $75,000,000, Worldwide Gross $634,151,679
• Mamma Mia! Here We Go Again (2018): Budget $75,000,000, Worldwide Gross $395,607,854

The median budget for wide-release drama films in the 2020s ranges from $30 to 80M for mid-budget to $150M+ for tentpoles.

Creed III Box Office Performance

"Creed III" earned $156,248,615 domestically and $275,300,000 worldwide at the box office. Against a production budget of $75,000,000, the film performed strongly at the box office.

A film typically needs to earn approximately twice its production budget to cover marketing and distribution costs. For "Creed III," that break-even threshold was roughly $150,000,000. With worldwide earnings of $275,300,000, the film cleared that threshold comfortably.

• Production Budget: $75,000,000
• Worldwide Gross: $275,300,000
• Net Return: $200,300,000
• ROI: approximately 267.1%

At 267.1%, "Creed III" earned roughly $3.67 for every $1 invested in production.

Creed III Production History

Principal photography began in late January 2022, and Jordan was seen on the set in Atlanta, Georgia. Kramer Morgenthau returned as the cinematographer for the film, after having done so for Creed II. The film was partially shot on IMAX-certified Sony CineAlta Venice cameras and the Panavision anamorphic format, making this the first film in the series, and the first sports film in history, to do so.

Awards and Recognition

2 wins & 26 nominations total

Critical Reception

Audiences polled by CinemaScore gave the film an average grade of "A," on an A+ to F scale, while those polled by PostTrak gave it a 92% positive score, with 80% saying they would definitely recommend it.