A24 raises production spending on its upcoming Elden Ring adaptation to nearly $200 million

A24's upcoming feature film adaptation of the hit video game Elden Ring is now projected to cost nearly $200 million, according to industry reports. Directed and written by Alex Garland, the live-action movie is scheduled to arrive in cinemas on March 3, 2028. The newly reported price tag nearly doubles an earlier estimate from April that pegged production costs at just over $100 million. [1][2]

The project represents an unprecedented financial commitment for the independent studio, easily surpassing its previous record of roughly $70 million spent on Marty Supreme. Filmed for IMAX and requiring heavy visual effects, the adaptation features an ensemble cast including Kit Connor, Cailee Spaeny, Ben Whishaw, Jonathan Pryce, and Nick Offerman, with production recently spotted filming at Conwy Castle in North Wales. [1][2]

The massive investment highlights A24's growing ambitions to produce big-budget Hollywood tentpoles. While a $200 million budget carries major financial risk, FromSoftware's underlying action role-playing game provides a strong commercial foundation, having achieved widespread critical acclaim and sold more than 35 million copies worldwide. [1][2]