Alex Garland's Elden Ring movie reportedly carries a hefty budget of almost $200 million, making it A24's most expensive movie ever – and it's not close.
Background information on the live-action adaptation of FromSoftware and George R.R. Martin's 2022 RPG was shared in a Wall Street Journal report. The site stated that, according to its sources, Elden Ring's budget is "nearly $200 million."
That makes it far and away the most expensive movie for the arthouse film-focused company, which has built a reputation for delivering memorable projects on more modest budgets for the last 14 years. Should Elden Ring's reported budget prove accurate, it would mean Garland's film falls in line with Marvel movies like Spider-Man: No Way Home ($200 million via Variety) and Jurassic World Rebirth ($180 million via The Hollywood Reporter).
As seen in 2025's Marty Supreme, that's a far cry from A24's usual strategy. The Timothée Chalamet-led, Josh Safdie-directed drama made headlines ahead of its release for being the most expensive film the company had produced at $70 million (via Deadline).
That puts Elden Ring at nearly three times the cost of A24's next-most-expensive picture. Garland's Civil War supposedly cost $50 million before that, according to Variety. Dwayne 'The Rock' Johnson's The Smashing Machine reportedly carried a similar budget. In other words, nothing really comes close to A24's first major swing into the world of video game movie adaptations.
For now, we know little about Elden Ring ahead of its 2028 premiere, so it's hard to say exactly why it costs so much.
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