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A24 Greenlights Nearly $200M Elden Ring Film

A nearly $200 million budget shows A24 is financing blockbuster-scale filmmaking through recent outside investments.

Overview

  • The Wall Street Journal reported on Oct. 24 that A24 has approved a production budget approaching $200 million for Alex Garland’s film adaptation of the video game Elden Ring.
  • If confirmed, the figure would be the studio’s largest budget by far, roughly three times its previous high and placing the film among the most expensive video-game-to-film adaptations.
  • Principal photography reportedly ran for about four months from April to July 2026, and the movie is scheduled for release on March 3, 2028, signaling a long post-production window likely driven by heavy visual effects work.
  • A24’s ability to finance the larger budget follows fundraising in 2022 and 2024 and reported outside investments, including a reported Google partnership and funding led by Thrive Capital.
  • The project pairs a built-in audience—Elden Ring has sold tens of millions of copies—with high financial risk, echoing mixed outcomes for past big-budget game adaptations while building on A24’s recent commercial hit Backrooms.