|Budget: $30 million||Financed by: MGM; Hyde Park Entertainment|
|Domestic Gross: $11,328,094||Domestic Distributor: MGM|
|Overseas Gross: $6,867,516|
Directed by: Peter Howitt
Produced by: David Hoberman
Hyde Park Entertainment’s first film was this dud starring Ryan Phillippe and Tim Robbins, who co-financed the $30 million pic with MGM. MGM opened the film in a crowded marketplace in January, when Oscar hopefuls were expanding into wide release and Antitrust was panned by critics. MGM booked the pic into 2,433 theaters over the Martin Luther King Jr. frame against the teen skewing Save The Last Dance, which was directly competing for auds with Antitrust. The comedy Double Take and the national expansions of Thirteen Days and Finding Forrester also bowed that weekend.
MGM had modest expectations that the pic would reach high single digits, but it was dead on arrival with $5,486,209 — placing outside the top 10 at #12 for the weekend. Antitrust sank 57% the following weekend to $2,341,209 and faded away very quickly with a mere $11,328,094 at the box office. MGM would see back about $6.2 million after theaters take their percentage of the gross, far below their P&A expenses and exposure to the budget.
The film played poorly overseas with a $6.8 million haul across numerous distributors.
In a quarter investors report, MGM was expected to take at least a $20 million write-down on Antitrust, which offset the profit the studio would be pulling in from theatrical and home video sales of Hannibal. Co-financier Hyde Park’s first slate of films were all MGM releases and all flops, with Antitrust being their first picture, followed by What’s The Worst That Could Happen?, Original Sin and then Bandits capped off their awful 2001.