Re: Where's The Weinstein Company?
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Originally Posted by Douglas Monce
Your correct in that Austin Powers wasn't a money loser at the box office. It cost 17 million and made about 53 million. In Hollywood today that is a modest money maker but most films doing those kind of numbers fade into obscurity. It wasn't until the DVD was a HUGE hit that New Line started thinking about sequels, and Austin Powers became a pop culture icon. In fact this was one of the first films where Hollywood started to realize that the home video market was bigger than the theatrical market.
Doug
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I don't disagree that the first
AUSTIN POWERS became really huge on video which led to the sequels being far bigger box-office performers. As I pointed out in my post, this was very similar to
THE TERMINATOR, which was a lowish-budget "sleeper" hit (around $6-million to make, $35-million domestic box office) that gained more and more popularity on cable and home video and led to the $200-million plus gross of
TERMINATOR 2.
However you called it a "box office dud" and that simply is not true.
Re: $17-million budgeted films that gross $53-million "fading into obscurity", I beg to differ.
THE HILLS HAVE EYES cost around $15-million and grossed 'only' $40-million, but that was enough for Fox to produce a sequel. Eli Roth's
HOSTEL grossed less than $50-million, but it spawned a sequel. Box-office success is relative to the budget of the film and also the genre. To blanket say that most movies that gross $53-million "fade into obscurity" is as absurd as calling
AUSTIN POWERS: INTERNATIONAL MAN OF MYSTERY a "box office dud" is.
AUSTIN POWERS: INTERNATIONAL MAN OF MYSTERY was a box-office hit, plain and simple.
Vincent