A24 is taking a massive financial gamble on the Lands Between. The studio's upcoming live-action adaptation of Elden Ring has reportedly reached a budget of nearly $200 million, making it the most expensive film in A24's history. According to recent reporting by The Wall Street Journal, the hefty figure doesn't even include marketing costs, placing the ambitious fantasy project firmly in blockbuster territory.
These reported costs, while not officially confirmed by A24, represent a significant jump from earlier estimates. In April 2026, The Hollywood Reporter reported that the film had a budget of approximately $100 million. This newer estimate would make it almost three times more expensive than A24's previous record-holder, Marty Supreme, which reportedly cost around $70 million to produce. Alex Garland's Civil War, another major production from the studio, reportedly had a modest budget (in movie talk, at least) of approximately $50 million.
The Elden Ring project brings together A24, game publisher Bandai Namco Entertainment, and fimmaker Alex Garland, who is writing and directing the adaptation. George R. R. Martin, whose mythological world-building helped bring Elden Ring to life, is also serving as producer. The cast is also just as...
