2 items from 2017
Exclusive: Bruce Nash's Nash Entertainment and Robert Kosberg have teamed with Hacksaw Ridge exec producer James M. Vernon's Mfm and Simon David Hunters' Myth Film Company to produce Dreamland, a film based on the true story of neonatal care pioneer Dr. Martin Couney. In the early 20th century, Couney opened the Baby Incubators exhibit at Coney Island’s Dreamland amusement park in New York, saving thousands of preemies who were not allowed in most hospitals at that… »
Movie studios are notorious for taking a creative approach to accounting, and that makes it difficult to calculate just how much money is being made. But it’s possible to get a sense of how valuable awards attention can be by comparing the box office results of this year’s nine Oscar nominees for best picture to their reported production budgets.
Calculating return on investment is an imperfect science, as studios won’t say how much they spend on marketing and distribution. Nor does our model factor in TV deals and other licensing pacts. To calculate a rough Roi, Variety measured only production cost and worldwide gross. It’s worth noting that studios don’t receive all the profits; theater owners get roughly half, and most small distributors sell off international rights.
That said, “La La Land,” which leads the Oscar race with 14 noms, is also the big winner when it comes to profit margin. »
- Brent Lang
2 items from 2017
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