Do Big Budgets Make Better Movies?

For the past couple decades, movie budgets have been growing steadily.  In recent years, some budgets have become so big that they have trouble making their money back.  Now, it is easier to make a great film with a bigger budget, but does that guarantee a better film?  There are some great films that have been made on large and small budgets, but no guarantees either way.
There are films with big budgets that make a large profit, and movie with large budgets that do not make any money.  The same can be said for small budget films.  Here are some examples.

Large Budget films that earn a lot of money:
The 2017 film Beauty and the Beast was made with a budget of $160 million, despite the budget, the film brought home a profit of $1.2 billion worldwide.
Frozen, which was made in 2013, had a budget of $150 million, but brought home a profit of $1.2 billion.
in 2009, Avatar hit the big screen.  It was made with a budget of $237 million.  This film made a profit of $2.7 billion.

So, films with a large budget are usually successful, and can make a lot of profit, despite the large amount of money they are made for.  However, it does not guarantee a large profit if the film has a large budget.

47 Ronin was made with a budget of $175 million, however only made $38 million at the box office. That is a huge loss for a film of that caliber.
Jack the Giant Slayer was released in 2013 for a budget of $195 million.  This was another film with a huge loss as it only made $65 million at the box office.
Waterworld is a film that had many production issues, and was filmed for $175 million but only brought home $88 million.
Cutthroat Island had one of the biggest losses in cinematic history.  It was filmed for $98 million and earned a measly $10 million, that is bad.

Films that have a large budget are not guaranteed success, and you can see.  It may be more common because they have more resources and funding, but that does not mean that they make a quality film and make a profit.  There are also plenty of films with low budgets that make a ton of money.

The original Rocky movie had a miniscule budget compared to many films, it was $960,000 dollars.  That proved to not be a hindrance, as it made $117 million at the box office.
Clerks is another example.  That film was made on $27.5 thousand dollars.  It made $3 million dollars.
The Blair Witch Project was made for $60,000 dollars but made $140 million dollars.

This can show that a film does not need a huge budget to make a profit.  I believe that a film is not made on a budget, it is made of a great story and characters.  I think that the writing and acting are the most important parts of a movie.  When you have those two combined with great and dynamic characters, you have a good film.  The story makes the film, not the budget.  Rocky was not the best looking film, but it had the story and the characters that attract movie-goers and it proved it with the profit.  Not all move are great, not matter the budget.  High budgets make it easier to create a good film, but it does not guarantee it.