Monday, February 16, 2009

Notorious box office U.P.D.A.T.E.

Release Date: January 16, 2009

Domestic Total as of Feb. 15, 2009: $36,612,000 (Estimate)

Production Budget: $20 million

After a month in theaters, Notorious only has a profit of about $16 million (domestically), which is great for you or me, or any company in America in this economy, but not for a Hollywood studio. Hollywood studios like to make at least $30-$50 million profits on a picture +$100 million even better. The foreign gross is only $156,000 and it probably won't go far beyond that.

The DVD release is estimated for May 2009 and it probably won't make much there either because those who want it on DVD already have it and or will have a bootleg of the official version. Sad to say that's how many people buy their movies.

The so-so box office of Notorious probably won’t stop future hip-hop bio pics, but it may give studios pause before green lighting the next one.

Previous Notorious blog entries:
A report about the opening weekend box office gross here
Review of the film here
More about the film here

No comments: