Alex Garland’s Elden Ring adaptation now carries a budget of nearly $200 million, according to The Wall Street Journal, as cited by Output Lag and World of Reel. The figure would make it A24’s most expensive film by a wide margin. A24 has not commented.
The Journal’s report relies on unnamed sources, per Output Lag. When filming began in April, the budget was reported as “well over” $100 million, and World of Reel described it at the time as A24’s most expensive production.
The previous A24 record was Marty Supreme at a reported $70 million, followed by Garland’s Civil War at about $50 million, according to World of Reel. Using a common rule of thumb that a film needs about 2.5 times its budget to break even, World of Reel estimates Elden Ring would need roughly $500 million worldwide.
IGN reported that the film has wrapped filming. Principal photography began in April in the UK, including Scotland and North Wales, per Wikipedia, with a planned shoot of about 100 days.
Elden Ring stars Kit Connor, Cailee Spaeny, Ben Whishaw, Nick Offerman and Jonathan Pryce, with Tom Burke, Havana Rose Liu, Sonoya Mizuno, Emma Laird, Ruby Cruz, John Hodgkinson, Jefferson Hall and Peter Serafinowicz also in the cast. Garland writes and directs, and George R.R. Martin is a producer. A24 opens the film in theaters, including IMAX, on March 3, 2028.
Related reading: Elden Ring Movie: Alex Garland’s A24 Film Heads Into Post-Production and 2026 Video Game Movies: Release Dates for Resident Evil, Street Fighter, Mortal Kombat II and More.
- Output Lag: A24's Elden Ring movie now costs nearly $200 million, almost triple its old record
- World of Reel: Alex Garland's Elden Ring Now Costs Around $200M
- World of Reel: Alex Garland's Elden Ring Now A24's Most Expensive Movie With $100M+ Budget
- X: IGN on the Elden Ring film wrapping
- Wikipedia: Elden Ring (film)