June 17 2009

Indiana Jones 5 Looks To Be Happening

Indiana Jones LogoApparently George Lucas and Steven Spielberg want another go at destroying my fond childhood memories of three fun movies.

Shia LaBeouf, who was one of the worst things in Indiana Jones and the Kingdom of the Crystal Skull, is out doing press for Transformers Revenge of the Fallen, and the subject of Indiana Jones 5 has come up. During one such he interview he said, “Steven just said that he cracked the story on it, and I think they’re gearing that up”.

Please, no.

Considering the last film being pretty universally panned, to the point South Park dedicated a whole episode to just what a train wreck it was, you have to wonder why they would even ponder doing a fifth.

Money, plain and simple.

The fourth film cost $185 million to produce, according to Box Office Mojo, it grossed $317,101,119 domestically and $469,534,914 foreign for a total of $786,636,033.  An impressive haul no matter how you slice it, but then you have to look at what the Harrison Ford, George Lucas and Steven Spielberg took home from it.  Only Harrison Ford’s take is known for sure, and according to Forbes, Mr. Ford struck a deal with the studio that split the film’s profits between him and Lucas & Spielberg.  How much did Indiana Jones himself take home?  Between June 2008 and June 2009 it is estimated that the fourth film made him $65 million.

Yes… $65 million.  Is it any wonder these guys would want to return to the well for a fifth outing?

There is no known schedule currently for this film, but I would imagine they will try to film it in 2010.  Michael Bay is taking some time off from Transformers even though Paramount wanted a third film  for July 2011, that would have meant pre-production would have had to start this September, with filming happening in summer 2010.  Bay has requested the release be moved to July 2012, which means filming will begin in summer 2011, so LaBeouf should be available for a good chunk of 2010.  So, if I was a betting man, yes, this film will happen and you are probably looking at a summer 2011 release.

Prepare the vomit bags… while Lucas, Spielberg and Ford laugh all the way to the bank.

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