Tuesday, April 23, 2024

Oscars: This Year’s Best Picture Nominees Earned $225 Million Less than Last Year’s


We are a week away from the Oscars. And the envelope goes to…the movies from 2012, not 2013. Even though we’ve said many times that 2013 was the strongest in decades for artistic releases, it wasn’t so good Oscar wise for the bottom line.

According to boxofficemojo.com, the 9 movies nominated for Best Picture 2013 made a total of over $225 million less than the ones from the previous year.

The 2012 pack, led by Best Picture winner “Argo,” took in just over $1 billion domestically. The current group, with “Gravity” and “12 Years a Slave” among the top contenders, are now at $773,410,316.

The average gross for 2012 was $111,353,846. But this year’s average is quite a bit lower, at $85,934,480.

Surprised? I am. But it turned out that this year only 4 of the 9 nominees crossed the $100 million mark. The other five– “12 Years,” “Nebraska,” “Philomena,” “Her,” and “Dallas Buyers Club”– have had relatively small box office takes. In 2012, six of the nine made that cut. Missing “The Butler” this year, with $116 million, lowered the average.

One movie that should have been a hit and wasn’t, Ron Howard’s “Rush,” took in just $26 million. I still don’t know why– it was all set for greatness. Now the company that made it, Exclusive Media, is laying off employees and has kicked out its principle directors.

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

Read more

In Other News