Mid-Year Report: Specialty Box Office Winners & Losers

by Peter Knegt (July 7, 2009)

Winner: Documentaries That Came Out Of Toronto

It seems like TIFF has turned into a box office lucky charm for documentaries. All three specialty docs that crossed the $1 million mark in 2009 - Truly Indie’s $1.5 million grossing “Valentino: The Last Emperor,” Sony Classics’ $1.4 million grossing “Every Little Step,” and Magnolia’s $1.3 million-and-counting “Food, Inc.” - came out of the festival. And “Food, Inc.” is only its fourth weekend of release. This past weekend the food industry expose grossed a fantastic $251,684 on 83 screens, suggesting it could easily cross another million dollar mark or two.

Loser: Pretty Much All Other Documentaries

Outside of that triad of food, fashion and “A Chorus Line,” doc hits were few and far between. Abramorama found a $623,642 grossing sleeper in “Anvil! The Story of Anvil!” (which, oddly enough, is about a band from Toronto), while Sony Classics’ managed a somewhat disappointing $857,488 from high-profile “Tyson,” but otherwise, no doc was able to even cross the $500,000 mark.  Notable examples include Magnolia’s “Outrage,” with its headline-making exposure of closeted Republican politicians, only grossed $263,762.

A scene from Duncan Jones’ “Moon.” Image courtesy of Sony Pictures Classics.

Winner: Films Starring Sam Rockwell and Sam Rockwell

Sony Classics went into essentially unchartered waters with Duncan Jones’ “Moon.” The terms “sci-fi” and “indie” haven’t often been joined together, with a rare (and arguable) example in Danny Boyle’s 2007 “Sunshine,” which cost $50 million and grossed less than $4 million.  But “Moon” - starring Sam Rockwell in dual roles - is an indie in a truer sense.  A Sundance pickup, it cost only $5 million to make, and with its expansion going quite smoothly, its possible the film could approach its budget, out-grossing “Sunshine” en route.

Loser: Films Starring Zooey Deschanel and Paul Dano

Indie darlings they might be, but Zooey Deschanel and Paul Dano had a rough go at it with “Gigantic,” First Independent Pictures’ Toronto pickup.  After a somewhat decent debut ($10,294 on one screen), the film crashed and burned in expansion, ending up with a final tally of just $102,704.  Hopefully Deschanel and Dano will fair better later this summer with Fox Searchlight’s “(500) Days of Summer” and Focus Features’ “Taking Woodstock.”


Winner: Iraq War Movies

Well, Iraq War movie. After years and years of films focusing on the Iraq War - from “In The Valley of Elah” to “Stop-Loss” to “Redacted” - failing to find an audience, most had given up on the idea of a financially successful film set in Iraq. And while it might be a bit too early to officially announce this very event, it seems fantastic reviews and a plot that focuses less directly on the political or social themes of the war and more on a deadly game of urban combat, has helped Kathryn Bigelow’s “The Hurt Locker” kick the losing streak.  The film opened to a stellar $36,338 average - the year’s second best behind “Sunshine Cleaning,” and has grossed $370,123 in its first two weeks of very limited release. 

Loser: Nia Vardalos Movies

Seven years after “My Big Fat Greek Wedding” became what will likely be considered the indie hit of the decade, Nia Vardalos is having a rough go at it. In June, Fox Searchlight’s “My Life In Ruins” tried to go wide against some big summer guns and failed, grossing only $8.3 million (which, at least, is $200,000 more than 2004’s “Connie and Carla”). Then last weekend, IFC Films released Vardalos’ reunion with “Big Fat” co-star John Corbett, “I Hate Valentine’s Day,” which grossed just $5,009 from 3 screens (though the film is said to be doing great business on VOD).

A scene from “Coraline.” image courtesy of Focus Features.

Winner: Endgame Entertainment and Big Beach Films

Endgame Entertainment head James D. Stern, who last month delivered an inspiring speech at LAFF that called for “smarter movies”, has certainly shown he can make profitable movies in Endgame’s three ‘09 releases: “Every Little Step,” which Stern also co-directed, is one of the year’s highest grossing docs at $1.4 million, while “Easy Virtue” and “The Brothers Bloom” are among the few releases to gross more than $2 million dollars - with totals standing at $2.3 million and $3.3 million, respectively.

Big Beach Films pulled off an even more impressive hat trick in its 2009 slate. The company produced both “Sunshine Cleaning” and “Away We Go” - the year’s two biggest specialty hits, and found a sleeper in “Is Anybody There?,” which has totaled over $2 million.

Loser: Senator Entertainment

Not to kick someone when they’re already down, but Senator Entertainment, which recently closed its distribution arm, is not having a good 2009. Its sole release, washed-up-star-studded “The Informers,” tanked, averaging only $622 from its 482 theater-wide opening. The film only lasted one week in theaters, grossing roughly $300,000.  Since its unclear how the rest of the company’s slate - which includes Sundance pickup “Brooklyn’s Finest” - will be released, its likely “The Informers” will stand as the distribution arm’s lone release.

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posted on July 7, 2009
Films to Snag
Comments
1
zacanjus says on September 8, 2009 at 6:05pm

Magonilia one was a winner 4 sure.

2
zacanjus says on August 23, 2009 at 6:32pm

hey guys..
i think its good to discuss about this..cause from that we can know that what is public review..

3
pegu says on July 9, 2009 at 9:41am

paba, I don’t understand your point. The ugly truth is that the industry respects gross dollars. As someone who has been on both sides of the accounting, we all know that “cost” is voodoo magic: barter deals are made, costs are billed internally at higher rates, costs are deferred as backend points, spend has to hit X to cut a DVD deal with partner Y, costs are spread across a slate, a festival gives marketing/screenings in order to premiere the film, etc etc. We’ll never know “real cost” (soft dollar, hard dollar, opportunity cost) so we all look at box office for better or for worse.

We should be glad (or disappointed) that these films are reaching the audience reflected in the dollars grossed - regardless of the intrinsic artistic merit of the film (I mean ,hey, Slumdog has grossed $300MM+ worldwide and is as good as 3 day old fish)

4
ben77 says on July 9, 2009 at 8:06am

that may be true, but I dont think that whats being discussed here suggests otherwise.  its a good overview, imo

5
paba says on July 8, 2009 at 3:41pm

This list is idiotic.  You are comparing films with $10 to $15 advertising campaigns (Sunshine Cleaning, Away We Go) to films with no ad budgets (The Class, Two Lovers, Easy Virtue).

The SPC, Magnolia and IFC releases on the list are big winners.

6
filmhawk says on July 7, 2009 at 9:57pm

Two worst ad campaigns of first six months:  RUDO Y CURSI and THE INFORMERS

Not that we particularly needed another wallow in Bret Easton Ellis country, but one thing “The Informers” had was a lot of sweaty, fleshy sexiness, both in gazing at the rather impressive cast and in the evocative visual texture of its sleazy milieu.  So what was its iconic image (maybe one of the worst, most inappropriate ads of all time)?  A starkly cold, black and white (paper? plaster?) sculpture of an abstract, anonymous head. Dumb, dumb, dumb.

The poorly photographed, full-length images of Bernal and Luna in harshly-lit profile on opposite sides of the ad for “Rudi y Cursi” conveyed neither the rough-and-tumble warmth of this flawed but fitfully entertaining film nor the always infectious comradery of its two leads.

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