|The Biggest (movie) flop of alltime?
||[Mar. 10th, 2010|11:40 pm]
There are lots of movies that lost enourmous amounts of money|
I was listening to an old adam carolla podcast which had some people from a movie called "Transylmania" I had heard of the movie that came out last year but never saw it, never thought much about it.
During the podcast the producers? or directors brag about how they spent $15 million to hire people with distributor experience and marketing etc to get an indie movie into "1500 theatres" they also say the budget for this movie was $6million "but it looks like 13-14" since it was filmed mostly in Romania. So were talking over $20 million total
This caught my interest because i figured the movie hadn't done well so i was curious how close they came to breaking even.
Here's how one movie site describes the opening weekend (my bold added): "On the complete opposite end of the box office spectrum, the college comedy Transylmania suffered one of the worst wide releases of all-time opening in 1,007 locations to a microscopic $263,941 for a pathetic $262 average. That means on average, each showtime over the weekend attracted only three people."
Now thats impressive, but it gets worse, the movie went from 1007 theatres in week 1 to 118 in week 2. On the wednesday of the 2nd week the movie made $1547 in 118 theatres. So it averaged $13/theatre which i think would equate to .5 people/screening