What budget range is listed for the 2026 film Michael?

The listed budget range for the 2026 film Michael is $155–200 million.

That large production budget reflects the scale of making a major music biopic about Michael Jackson. The film recreates several decades of performance history, uses a substantial cast, includes extensive music and dance sequences, and required visual-effects work from multiple companies.

The project’s budget changed during development and post-production. Reports said that reshoots in June 2025 added approximately $10–15 million, while the overall production budget was reported in the range of $165–200 million in later production coverage. The film’s headline listing gives the broader range of $155–200 million.

Budget figures can vary depending on whether they include tax incentives, reshoots, financing costs, or other production expenses. They should not be confused with the film’s box-office gross, which measures revenue earned after release.