Marvel Studios was ready to spend whatever it took to properly bring Black Panther to life. The film has a large, star-studded cast. The visual effects, production design, and costume design all offer viewers a visual feast in Wakanda. Suffice to say, Black Panther wasn’t cheap, but it’s worth every penny.
Studio president Kevin Feige didn’t offer any final numbers, but compared the budget for Black Panther to recent Marvel releases while speaking with Vulture.
“I hope you can tell from watching the movie, but the resources devoted to this movie are equal to and in fact surpass our last couple of movies.
“It’s a big story that deserves to be told in a big way, for all of the cultural and political reasons that people talk about, but also because it’s such a key corner of our Marvel universe, and has been for decades and decades. We wanted to do it justice, and we have a studio with Disney, and leaders with [The Walt Disney Studios Chairman] Alan Horn and [Disney CEO] Bob Iger, who supported us a hundred percent.”
Marvel Studios’ last couple movies were Thor: Ragnarok ($180M budget) and Spider-Man: Homecoming ($175M budget). Black Panther may have come closer to, or over the $200 million budget of Guardians of the Galaxy Vol. 2.
Whatever Marvel Studios spent, the results show on the big screen as Black Panther looks gorgeous at every turn. Despite the bigger price tag, the box office tracking suggests that Black Panther will have little trouble being profitable for Marvel and Disney.
This is going to go down as another example of Marvel Studios knowing how best to use their considerable resources depending on the needs of the character and the story. Not every superhero movie needs to cost $200 million, but some do. The keys are knowing the difference and making sure that all of the money properly enhances the storytelling and cinematic experience.
Black Panther is in theaters Friday and you can get tickets here.