Will Oscar Contenders Break Through in a Covid-Battered Box Office?

Will Oscar Contenders Break Through in a Covid-Battered Box Office?
In 2014, Fox Searchlight methodically rolled out “The Grand Budapest Hotel,” a twee pastiche of old-world Europe, in movie theaters across North America. The quirky comedic drama, from director Wes Anderson, had an opening that would be familiar to most indie films: playing in only four theaters (two in New York and two in Los Angeles) before gradually checking into more venues.

The studio was rewarded for its efforts, averaging more than $200,000 per location in its initial run and establishing arthouse records that still hold. “The Grand Budapest Hotel,” which eventually made $59 million in North America and $179 million globally and won four of nine Oscar nominations, remains a gold standard for commercial success in the specialty space.

Seven years and one world-changing pandemic later, Searchlight Pictures is back in the Wes Anderson business. After many delays, “The French Dispatch” debuts in select theaters on Oct. 22, though it’s facing a much rockier moviegoing landscape.
See full article at Variety »

Similar News


Recently Viewed