Mission: Impossible – Dead Reckoning Part One nabbed Paramount Pictures a $71 million insurance payout, giving the action blockbuster’s overall earnings a welcome bump.Per Collider, Paramount recently confirmed it received £57 million (around $71 million) from insurance provider Chubb to cover losses incurred due to COVID-19 pandemic-related delays during production on the seventh Mission: Impossible installment. The payment comes after Paramount sued Chubb for allegedly failing to fully honor the studio’s policy in 2021 — a lawsuit that both parties subsequently settled in July 2022. At the time, neither Paramount nor Chubb disclosed the terms of the settlement, although Paramount’s recent payout announcement seemingly reveals its outcome.Mission: Impossible – Dead Reckoning Part One raking in an additional $71 million will no doubt put smiles on the faces of many Paramount executives, given the movie has struggled at the box office. The Tom Cruise-headlined espionage outing has to date netted $563.8 million in global ticket sales, which is considerably lower than the estimated $600 million it needs to cover its production and marketing costs. Dead Reckoning Part One’s box office performance is also relatively underwhelming compared to that of other Mission: Impossible installments, as it’s currently the franchise’s fourth highest (and lowest) grossing entry.Related: Mission: Impossible 7 Gets Digital Release Date
Mission: Impossible – Dead Reckoning Part One nabbed Paramount Pictures a $71 million insurance payout, giving the action blockbuster’s overall earnings a welcome bump.
Per Collider, Paramount recently confirmed it received £57 million (around $71 million) from insurance provider Chubb to cover losses incurred due to COVID-19 pandemic-related delays during production on the seventh Mission: Impossible installment. The payment comes after Paramount sued Chubb for allegedly failing to fully honor the studio’s policy in 2021 — a lawsuit that both parties subsequently settled in July 2022. At the time, neither Paramount nor Chubb disclosed the terms of the settlement, although Paramount’s recent payout announcement seemingly reveals its outcome.
Mission: Impossible – Dead Reckoning Part One raking in an additional $71 million will no doubt put smiles on the faces of many Paramount executives, given the movie has struggled at the box office. The Tom Cruise-headlined espionage outing has to date netted $563.8 million in global ticket sales, which is considerably lower than the estimated $600 million it needs to cover its production and marketing costs. Dead Reckoning Part One‘s box office performance is also relatively underwhelming compared to that of other Mission: Impossible installments, as it’s currently the franchise’s fourth highest (and lowest) grossing entry.
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