The live-action Elden Ring movie is set to become A24's most expensive project ever. According to a Wall Street Journal report from late October 2026, the film carries a budget of nearly $200 million. That figure places it far ahead of any previous A24 production and puts the studio in the same spending range as major franchise blockbusters.

Elden Ring Trailer

Alex Garland is writing and directing the adaptation of FromSoftware's 2022 open-world RPG. The game was created under the direction of Hidetaka Miyazaki with worldbuilding by George R.R. Martin, who also serves as a producer on the film. A24 is partnering with Bandai Namco Entertainment on the project. It is scheduled for theatrical release on March 3, 2028, and is being shot for IMAX.

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Earlier reporting from The Hollywood Reporter in April 2026, when principal photography began in the UK, described the budget as well over $100 million with around 100 days of shooting planned. The newer near-$200 million figure represents a significant step up. A24 has not publicly confirmed the number. The studio's previous most expensive film was Marty Supreme at roughly $70 million. Before that, Garland's own Civil War sat at about $50 million.

  • Director and writer: Alex Garland, known for Ex Machina, Annihilation, and Civil War.
  • Key cast: Kit Connor, Cailee Spaeny, Ben Whishaw, Nick Offerman, Tom Burke, Havana Rose Liu, Sonoya Mizuno, Jonathan Pryce, Emma Laird, and Peter Serafinowicz, among others. Specific roles have not been revealed.
  • Production: Principal photography took place in the UK and wrapped around July 2026 after roughly 100 days.
  • Release: March 3, 2028, in IMAX.

The scale marks a clear shift for A24, which built its reputation on more modestly budgeted arthouse and elevated genre films. Successes such as Civil War and Marty Supreme showed the studio could handle larger projects, but Elden Ring represents its biggest gamble yet. The Lands Between is a dense fantasy world filled with demigods, the shattered Elden Ring, and the Tarnished, so the budget likely supports extensive visual effects and world-building needed to bring the setting to the screen.

With the game having sold tens of millions of copies, the film arrives with a built-in audience. Whether the near-$200 million investment pays off remains to be seen, but it positions the Elden Ring adaptation as A24's most ambitious and costly project to date.