Even if “Bohemian Rhapsody” doesn’t win Best Picture at the Oscars on February 24, it is already the biggest winner among the eight nominees in terms of profitability based on production budgets. This biopic of Freddie Mercury, the frontman for Queen, cost $50 million to make and it has taken in a whopping $850 million worldwide.
Subtracting the production cost from the gross, and then dividing the remainder by that same production cost, yields a very rough estimate of the return on investment (Roi) or profit. The studio costs don’t account for every dollar spent as they don’t include marketing and Oscar campaigns while only about half of the takings end up back in the hands of the distributors. In the case of “Bohemian Rhapsody,” the math works out as follows: $850 million gross – $50 million production cost = $800 million, which is then divided by that same $50 million production cost for a Roi...
Subtracting the production cost from the gross, and then dividing the remainder by that same production cost, yields a very rough estimate of the return on investment (Roi) or profit. The studio costs don’t account for every dollar spent as they don’t include marketing and Oscar campaigns while only about half of the takings end up back in the hands of the distributors. In the case of “Bohemian Rhapsody,” the math works out as follows: $850 million gross – $50 million production cost = $800 million, which is then divided by that same $50 million production cost for a Roi...
- 2/15/2019
- by Paul Sheehan
- Gold Derby
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