Japan, South Korea, UK and France were key territories for that movie, as well as for Chazelle’s multiple Oscar winner La La Land. Chazelle’s First Man made 57% of its $105M WW total overseas. “They like these types of movies,” says one insider. That said, Paramount believes the pic’s running time, which is more appetizing to an overseas crowd, plus reviews in the UK and France, will give Babylon some sort of pulse abroad. And there are several examples to prove that, a chief case being Searchlight’s 2021 Best Picture winner Nomadland, which did single-digit grosses and on which the Disney arthouse label never reported the pic’s official ticket sales.ĭomestic for Babylon would be lucky to hit $20M, which puts an immense amount of pressure on overseas to deliver, meaning another $230M - which is mission impossible. Important to note that in the new Covid era: Whatever a movie grosses at the box office hasn’t shown to impair its Oscar chances. The pic notched five Golden Globe nominations including Best Picture Musical or Comedy. Paramount, like any studio, will scale back its marketing costs on the movie in the wake of its stateside flopping, I’m told. ![]() That said, this movie’s profit point lives around $250M WW, and that’s with a global marketing spend of around $80M, the same as its production cost. According to finance sources, it’s too soon to determine how much bleeding will go on here because the Robbie-Pitt movie doesn’t start its overseas rollout until mid-January. ![]() With results like these, no one is making Babylon a choice to see over the holidays, even though there’s a lack of adult-targeted competition. ![]() Kaia Gerber and Li Jun Li in ‘Babylon’ (Everett Collection)
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