A24 is taking Alex Garland’s Elden Ring movie to a big film market with a reported budget of up to $200 million. Amazon MGM has reportedly grabbed key streaming rights overseas.
The Elden Ring movie just got a lot more expensive. And a lot more crowded with business partners.
A24 is shopping Alex Garland’s live-action take on the hit FromSoftware game to international buyers, Deadline reported Tuesday, Oct. 27. The trade outlet’s sources put the budget between $175 million and $200 million, closer to the top end.
That would make it the biggest-budget standalone project ever put up for sale at a film or TV market, according to Deadline. Amazon MGM Studios has reportedly already grabbed a big piece of the pie, too.
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What is Amazon’s role in the Elden Ring movie?
Amazon is not bankrolling the movie. Deadline reported that A24 is fully financing the film itself.
What Amazon MGM reportedly bought is called “pay-one” streaming rights in a large number of countries outside the U.S. In plain English, that’s the first streaming window after a movie leaves theaters.
So in those countries, the movie would likely land on Prime Video after its theater run. Which countries? Nobody has said yet.
The deal is said to be worth tens of millions of dollars. Neither A24 nor Amazon MGM has commented publicly.
How much does the Elden Ring movie cost?
Back in April, The Hollywood Reporter said the budget was “well over $100 million,” citing sources.
A few days before the Deadline story, The Wall Street Journal reported a figure near $200 million, Dark Horizons noted.
None of those numbers came from A24, so treat them as estimates. Still, any of them would make Elden Ring the priciest movie A24 has ever made, by a mile. For the studio behind “Everything Everywhere All at Once,” that’s a huge swing.
When is the American Film Market 2026?
The American Film Market, or AFM, runs Nov. 10-15 at the Fairmont Century Plaza in Los Angeles. It’s where studios sell movie rights to distributors from around the world.
A24’s own sales team will handle Elden Ring there. Buyers can bid on the rights still open in their territories, including theatrical rights in some places.
The script is locked down tight. Deadline reported that A24 has been flying staffers out so buyers can read the screenplay with someone from the company in the room. That’s one way to stop leaks.
Who is in the cast of the Elden Ring movie?
A24 has announced 13 cast members so far. Kit Connor (”Heartstopper”), Ben Whishaw and Cailee Spaeny lead the group.
Nick Offerman, Tom Burke, Havana Rose Liu, Sonoya Mizuno, Jonathan Pryce, Ruby Cruz, John Hodgkinson, Jefferson Hall, Emma Laird and Peter Serafinowicz round it out.
Who plays which character is still a secret. So fans will have to keep guessing whether anyone gets to be Malenia.
Bandai Namco has an official Elden Ring story trailer on its YouTube channel if you want a look at the world the movie is adapting: watch the Elden Ring story trailer.
When does the Elden Ring movie come out?
The Elden Ring movie hits theaters Friday, March 3, 2028. A24 set that date in April, when filming kicked off in the U.K.
Filming ran from April to July, Dark Horizons reported. That leaves a long post-production stretch for all those giant monsters. No movie trailer is out yet.
Is George R.R. Martin involved in the Elden Ring movie?
Yes. The “Game of Thrones” author wrote the mythology behind the game, and he’s one of the movie’s producers.
Vince Gerardis, plus Peter Rice, Andrew Macdonald and Allon Reich of DNA Films, are producing too. Bandai Namco Entertainment, which published the game, is A24’s partner on the project.
A24 and Bandai Namco announced Garland as writer and director in May 2025. World of Reel reported that he wrote the script on spec and flew to Japan to pitch FromSoftware’s Hidetaka Miyazaki, who gave his blessing.
Who is Alex Garland?
Garland wrote “28 Days Later” and “Sunshine,” then directed “Ex Machina” in 2014. That one earned him an Oscar nomination for best original screenplay.
He followed it with “Annihilation,” “Men” and “Civil War.” In 2025, he co-directed “Warfare” and wrote “28 Years Later.” Dark, strange worlds are kind of his thing.
How many copies has Elden Ring sold?
Elden Ring launched in February 2022. FromSoftware announced in April 2025 that it had passed 30 million copies sold.
Alinea Analytics estimated this month that the total is up to about 36.4 million. That’s an outside estimate, and Bandai Namco hasn’t confirmed it.
Article compiled and written by Thom Pratt (editor-in-chief), Derek Gibbs (beat editor) and the Clownfish TV newsroom.
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Hat Tips:
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Deadline, Andreas Wiseman (Oct. 27): Budget range, Amazon MGM deal and AFM sale, via other outlets’ summaries.
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The Hollywood Reporter, Borys Kit (April 20): Cast, release date, earlier budget.
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Dark Horizons, Garth Franklin (Oct. 24): WSJ budget report, filming window.
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World of Reel, Jordan Ruimy (April 20): Garland’s pitch.
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Variety, Jazz Tangcay (May 2025): Original announcement.
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Shacknews, iXBT Games: Sales figures.
AI Disclosure: All articles are assigned, edited and reviewed by an experienced human editor before posting. Like most modern newsrooms, WebReef Media uses a variety of AI tools to help with accuracy and efficiency. Ways AI may be used in article creation include research, grammar, fact-checking and ideation, as well as occasional AI generated or enhanced thumbnails or graphics. No articles are generated or posted without human oversight or involvement.
