“Fast and Furious” $2.4 Billion Franchise May End With Paul Walker Death

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By Douglas A. McIntyre Updated Published
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The movie franchise known as “The Fast and the Furious” produced six films and approximately $2.4 billion in ticket sales worldwide. With the death of star, Paul Walker, who played ex-cop Brian O’Conner, the franchise may die with him. He anchored  the series with action stars Vin Diesel and Dwayne Johnson (aka “The Rock”).

Most huge movie franchises are a success because of one character, played by the same actor or actress over and over. This is certainly true of the “Mission Impossible” franchise and Tom Cruise, the “Indiana Jones” franchise and Harrison Ford, the “Pirates of the Caribbean” franchise and Johnny Depp, and “Sherlock Holmes” and Robert Downey Jr. It is impossible to imagine that any of these could continue with the record ticket sales they posted in the past without the central actors who have become inseparable from the characters they play.

Universal Pictures, a division of Comcast Corp. (NASDAQ: CMCSA) held by its NBCUniversal division, is faced with the unenviable task of replacing Walker with another actor, or gambling that Diesel and Johnson can carry future movies in this series on their own. “Fast and The Furious 7” will be released in the summer of next year. The franchise, which launched in 2001, was wildly successful and continued with a series of movies released every two or three years. Universal and its producers have just over a year to screen actors who might take Walker’s part. An actor who could replace Walker would likely be someone who is already well known and could increase box office draw based on his own “brand” as an action hero.

The danger of producing movies with “franchise actors” has always carried risks. The death of Paul Walker shows how very deep those risks run.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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