‘If Blumhouse Is In A Slump, I’d Like To Tell That Story.’ Jason Blum Gets Real About M3GAN 2.0 Flopping And Other Missteps
Even murder besties deserve honesty.

To adapt an old saying into modern times, victory has many parents, while failure is an orphan. Operating under that analogy, one could say that Blumhouse producer Jason Blum has become a father to four 2025 movie schedule flops. That’s because rather than shying away from M3GAN 2.0's box office stumble, he went into painstaking detail about what he thinks went wrong, as only he could.
Jason Blum Got Honest About Why He Had To Talk About The Blumhouse Slump
Surprisingly, Blum called the host of The Town with Matthew Belloni to set up the interview that allowed him to do just that. Welcomed by the veteran journalist and founding partner of Puck, the producer of Paranormal Activity and Sinister made his case for doing so, with these blunt remarks:
I said 'Matt, I've been in pain all weekend long, and I've been thinking about all this stuff way too much.' ... I thought, 'You know what, if Blumhouse is in a slump, I'd like to tell that story. I don't want other people telling that story.'
Going on to talk about how many Hollywood movers and shakers only share their lessons from failure when the next success comes around, Jason Blum opted to own up “right in the middle of the pain.” Which, to be fair, he admits he’s allowed to do thanks to Blumhouse not being a publicly traded company.
Now, the explanation for why this conversation took place is just as refreshing as the extensive post-mortem Blum engaged in.
M3GAN 2.0’s Failure Came Down To Three Things, According To Jason Blum
While the conversation that followed applies to the recent flameout of M3GAN 2.0, it can be applied to Wolf Man, The Woman in the Yard, and Drop as well. So far, this year’s Blumhouse releases have left the production house without a #1 hit, forming the “slump” that seems to be in play.
In the process of owning M3GAN 2.0’s underwhelming $10.2 million domestic opening, Jason Blum isolated the blame game with these caveats:
This is a podcast about Blumhouse … this little 20 minute thing is our story about this little slump. We all thought M3GAN was like Superman. We could do anything to her: we could change genres! We could put her in the summer! We could make her look different! We could turn her from a bad guy into a good guy! And we kind of classically overthought how powerful people’s engagement was with her.
The three key failures of this Blumhouse horror movie were, in Mr. Blum’s opinion, genre swapping, acting like a summer tentpole, and execution. That last part comes with the caveat that while series director Gerard Johnstone can “solve almost anything you can throw at him,” he needs the time to do it.
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To the director's credit, Johnstone's genre-hopping explanation in his interview with CinemaBlend's Sarah El-Mahmoud may have helped offset that factor. Alas, the lack of time, plus an ineffective push for the same social media glory M3GAN won in 2022, only contributed to this perfect storm of imperfection.
Jason Blum Thinks Horror Needs To Go Bigger To Survive
This year is one of the most ambitious frames on the books for Blumhouse, with eight pictures in total on the docket. The good news going forward is that Jason Blum still has a lot of confidence for the upcoming Blumhouse movies heading our way, which includes The Black Phone 2 and the hotly hyped Five Nights at Freddy's 2.
Such optimism comes from his observation that while Blumhouse may not be having a good year, horror has seen glorious hits like Sinners, Final Destination Bloodlines, and 28 Years Later. Taking that inspiration, the Insidious franchise producer offered this important piece of strategy:
I think people need events … you can’t break out. If you look at last year, one movie did over $100 million, that was a low-budget horror movie - Longlegs. … I think the death of success, for an entrepreneur, is to repeat what you’ve done before, because it worked.
For Jason Blum, the pre-COVID days of numerous horror movies being able to compete are gone, with an uncertainty toward whether or not they’ll return. Which, in turn, may be setting off alarm bells for how the upcoming M3GAN spin-off SOULM8TE should be handled. Not everyone will agree with what he’s had to say, as is the law of the land for any sort of business analysis.
Keeping that in mind, it shouldn’t be a stretch for people to agree that calling out his own mistake is a bold move that shows growth. Here’s hoping that growth somehow finds its way to M3GAN 2.0’s box office fortunes, as the film enters its second weekend in theaters.

Mike Reyes is the Senior Movie Contributor at CinemaBlend, though that title’s more of a guideline really. Passionate about entertainment since grade school, the movies have always held a special place in his life, which explains his current occupation. Mike graduated from Drew University with a Bachelor’s Degree in Political Science, but swore off of running for public office a long time ago. Mike's expertise ranges from James Bond to everything Alita, making for a brilliantly eclectic resume. He fights for the user.
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