Hollywood producers are willing to invest millions on films if it can bring in the audience — you got to spend money to make some money, right?
That’s probably how the accountant of SpiderMan 3 justified a budget of $258 million, giving it one of the highest price tags of any movie before or after its release. But it’s not really the most expensive movie if you factor in inflation.
Cleopatra cost about $ 44 million, a princely sum considering it was filmed in 1963 (that would be worth about $295 million today). It is the most epensive movie made in HOllywood.
However, the Soviet movie “War and Peace” based on the Tolstoy classic cost $ 100 million in 1968, and took over 7 years to finish. It’s won the Guiness record for the largest battle scene (about 120,000 soldiers). If you compute for inflation, that would be worth abot $ 500 million today.