SPECTRE: newest twist on 007 product placement

SPECTRE teaser poster

SPECTRE teaser poster

No spoilers.

James Bond movies have never been shy about product placement. SPECTRE may just be a twist on a long-standing tradition.

For decades, the 007 film series produced by Eon Productions has cut deals with companies pitching their wares. Goldfinger did deals with Ford Motor Co. and Gillette. With Thunderball, not only did Ford provide vehicles but then-CEO Henry Ford II appeared as an extra. Moonraker had deals with Marlboro, 7 Up and British Airways.

By the time Pierce Brosnan was 007 (1995-2002), writer Bruce Feirstein, in his FIRST DRAFT for what would become Tomorrow Never Dies, didn’t even specify a car model for 007’s vehicle. It just said “(Insert name).”

What’s different about SPECTRE is it may amount to being product placement for a country — Mexico, to be specific — than a series of companies.

The Tax Analysts website, which is targeted at tax professionals, PUBLISHED A MARCH 3 ARTICLE detailing how SPECTRE’s script was altered to take advantage of as much as $20 million in Mexican incentives. (If you click on the link, there are spoilers.)

The incentives are intended to make Mexico look as good as possible in movies, according to the website. The country has reason to do so, according to AN ARTICLE IN THE WASHINGTON POST. Here’s an excerpt:

The Mexican government’s sensitivities to its violent reputation are no secret. When President Enrique Peña Nieto took office in 2012, he tried to minimize the focus on the drug war while emphasizing economic and political reforms. But ongoing high-profile violence, including battles in Michoacan and the disappearance of 43 students in Guerrero, has undercut that message.

None of this is happening in a vacuum. For blockbuster movies, access to the vast Chinese market is a must. The 2013 movie Iron Man 3 was a co-production with China. The 2012 remake of Red Dawn turned the villains into North Koreans instead of Chinese.

With SPECTRE, according to Tax Analysts, it was more of a direct subsidy. SPECTRE’s budget may exceed $300 million, making it one of the most expensive movies ever made.

Meanwhile, Metro-Goldwyn-Mayer, the studio that owns half the Bond franchise, emerged from bankruptcy only a few years ago. It doesn’t even release its own movies, cutting deals with Sony Pictures (including the 007 films) or Warner Bros. (the now-completed Hobbit series). For MGM, $300 million is a huge bet, even for a 007 film and even though the most recent Bond movie (Skyfall) had a worldwide box office of $1.1 billion.

Put another way, $300 million is real money. Some Bond fans may get annoyed with product placement but they don’t have to sign the checks. As a result, it’s understandable why MGM would be willing to change SPECTRE’s story in return for millions of dollars.

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