A24’s Elden Ring film reportedly has a nearly $200 million budget, report says

A24’s film adaptation of the video game Elden Ring reportedly carries a budget of nearly $200 million, The Wall Street Journal reported on October 25, 2026. The report says the figure would make it the studio’s most expensive production to date.

The Wall Street Journal account states the nearly $200 million budget would surpass A24’s previous high-cost projects, with Marty Supreme budgeted at around $70 million and Civil War at approximately $50 million. The article also reports that A24 is increasing its investment in blockbuster-scale productions with the Elden Ring adaptation.

Elden Ring, the source material for the adaptation, was released in 2022 and is described in the report as a massively successful RPG and one of the biggest games of the decade. The game is noted for its challenging gameplay, notable bosses, an expansive open world and rich lore created in collaboration with George R. R. Martin, the report adds.

According to the report, Alex Garland is both writing and directing the film; the piece lists his previous work as Civil War, Ex Machina and Annihilation. The report frames Garland’s involvement as part of the film’s creative credentials.

The article places the Elden Ring project in the wider trend of video-game adaptations moving into mainstream film and television, citing recent successful adaptations such as Minecraft, The Last of Us and Fallout. The report suggests the combination of a large budget, established source material and an experienced director gives the studio confidence in the project.

The Wall Street Journal account includes a social-media post referencing the budget figure and labels the production as A24’s most expensive movie ever, according to the report. The report does not list a completed cast in the material it published.

The film is reportedly scheduled to be released in theaters on March 3, 2028, according to the same report.