Lorene Scafaria’s true-crime film “Hustlers” helped its indie studio, Stx, reach a new milestone: two movies to gross more than $100 million domestically in a single calendar year. The Jennifer Lopez-led film is on the verge of passing the domestic total of “The Upside,” Stx’s other 2019 hit, which grossed $108 million. With nearly $102 million in ticket sales, “Hustlers” is also inching toward Stx’s all-time top domestic grosser, “Bad Moms,” which pulled in $113 million in 2016. Stx didn’t see as much of a financial upside from “The Upside,” collecting a roughly 10% fee for handling distribution for Lantern Entertainment, the indie studio created by Lantern Capital after it purchased The Weinstein Company’s assets in bankruptcy. But Stx owned and produced “Hustlers,” which it acquired in turnaround last October after Annapurna Pictures dropped the distribution rights during a turbulent fall for the studio that saw it also drop the rights...
- 10/21/2019
- by Jeremy Fuster and Trey Williams
- The Wrap
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