虎嗅

Can Madonna afford to finance a biographical film about herself?

原文:麦当娜,撑不起一部音乐传记片?

Summary of Key Points

The biographical film project, personally overseen by Madonna, was completely canceled due to budget disagreements with Universal Pictures. She then attempted to develop a streaming series but faced copyright issues. This incident not only represents the clash between an artist's creative ambitions and a studio's commercial pragmatism but also reflects the transformation of music biographies from “box-office miracles” to “high-risk ventures” in the context of a contracting Hollywood industry. Once-valued super IPs have now become both a source of inspiration and a barrier to creative and financial success.

1. Madonna’s Biographical Film Project Fails: A Dilemma of Money and Control

The core issues surrounding the cancellation of Madonna’s biographical film were twofold:

  • Budget Disagreements: Madonna believed her life was “extraordinary and complex,” requiring a substantial budget, but Universal Pictures was reluctant to take risks during a period of industry contraction. She even suggested filming in Serbia (where labor costs and taxes were lower), but the studio doubted her ability to endure the challenges, responding with “You won’t last four days there,” leading to an irreparable breakdown in negotiations.
  • Control Over the Creative Process: Madonna was extremely meticulous about the details: she first dismissed Oscar-winning screenwriter Diablo Cody, accusing him of losing direction, and later spent two years writing the script herself. During the casting process, she required potential actors to practice dancing for 11 hours daily and perform scenes with her; in the end, Julia Garner was chosen. This level of control worried the studio about uncontrollable costs and the fear that the film would become a “personal PR project” for Madonna.

2. Hollywood’s Transformation: From “Aggressive Expansion” to “Cost-Cutting Survival”

Madonna’s struggles are not isolated; they reflect a broader contraction within the Hollywood industry:

  • A Shrinkage in Filming Activity: The number of filming days in Los Angeles decreased from 36,000 in 2022 to 19,000 in 2025, representing a 50% reduction; 41,000 people have left the film industry.
  • Streaming Platforms Cuts Budgets: In the first half of 2025, the number of original streaming series decreased by 24%, and spending on major projects over $40 million fell by 20%.

Universal Pictures’ rejection of Madonna’s high budget was a rational response to industry trends—even legendary IPs cannot guarantee profits, so it’s better to save money.

3. The “IP Trap” of Music Biographies: The Bigger the IP, the More Difficult It Is

Music biographies used to be profitable (for example, “Pocahontas” cost $50 million and earned $869 million). However, large IPs have become a burden:

  • Copyright and Control Issues: Audiences watch biographies primarily to hear hit songs, but obtaining the rights to these songs often comes with interference from the IP holders (the individual or their estate), limiting the narrative. For instance, Michael Jackson’s biography had to be altered to avoid controversial content due to legal restrictions.
  • Audience Apathy: Modern authorized biographies often resemble extended advertisements, focusing only on highlight moments and avoiding controversy, losing their authenticity. Critics argue that audiences want to see human flaws, not just a myth. For example, the $55 million-budgeted “Respect” (about Aretha Franklin) failed at the box office due to its overly “PR-driven” approach.
  • Lower Returns: Except for “Pocahontas,” subsequent biographies did not achieve high box-office success. “Elvis” cost $85 million and earned only $289 million, while “Bob Marley” cost $70 million and generated $181 million—a more modest return.
  • Increased Risk: The higher the investment in large IPs, the less likely they are to result in significant returns.

4. The Future of Biographies: A Return from “Myth” to “Reality”

Madonna’s failure serves as a reminder for the music biography genre:

  • Don’t Overrely on IP: Not all legends make successful films; the larger the IP, the harder it is to balance authenticity with commercial viability. For example, “A Complete Unknown” about Bob Dylan, costing $60–70 million and nominated for an Oscar, succeeded by focusing on Dylan’s struggles in his early years.
  • New Approaches: Consider alternative approaches, such as using authentic materials like Netflix’s “Amy Winehouse” documentary or adopting a balanced narrative like “Elton John.”
  • Adapt to Industry Changes: Low-budget biographies may be more viable. Independent productions of niche artists can attract audiences with their realistic stories and lower risks.

Conclusion

The failure of Madonna’s biographical film is not just her personal setback but a reflection of the industry’s transformation. Super IPs are no longer a guarantee of success; they can become a barrier, preventing films from expressing their true potential. For music biographies to thrive in the future, they must move away from myths and focus on telling authentic stories about real people.

(The entire text is written in plain language, avoiding technical jargon to make it understandable to non-financial/entertainment industry readers.)