"Superman Returns" sequel looks to be a go
By: Karl SchneiderDate: Friday, October 27, 2006
Source: IESB
According to IESB.net, a sequel to Superman Returns is going to get a green light from Warner Bros.
The first film grossed $200 million at the domestic box office, but a giant budget diminished the film's profitability. The studio made it clear the budget had to come down for a sequel to become a reality and it appears an agreement has been met to cut the budget back into the $140-170 range (before marketing).
The first film's budget was well over $200 million and some reports had it much higher due to the years it spent in development hell.
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