The Merchant Of Venice
|Budget: $30 million||Financed by: Movision; Studios DeLux; Istituto Luce; Spice Factory; UK Film Council|
|Domestic Gross: $3,765,585||Domestic Distributor: Sony Pictures Classics|
|Overseas Gross: $17,652,140|
Directed by: Michael Radford
Produced by: Barry Navidi
The Merchant Of Venice was budgeted at $30 million and was financed by the British tax fund Movision, Luxembourg’s Studios DeLux, Italy’s Istituto Luce, Australia based Spice Factory and the UK Film Council invested £609,000 ($970,000). The production’s coin was mostly from the now illegal UK section 48 tax break, where tax relief is claimed twice on the same film — once from a production fund, and then from a sale-and-leaseback deal. Arclight Films sold the film to international distributors. Sony Pictures Classics acquired US rights and opened the film in 4 theaters for an Oscar qualifying run on Dec 31 and the film pulled in $69,868 with a $17,467 per screen average. The Merchant Of Venice remained in limited release for 21 weeks and never expanded beyond 107 theaters and pulled in $3,765,585. Overseas, distributors also did not do much in the way of an expensive release and Optimum distributed in the UK and opened the film in 67 theaters to $287,092 and the film never expanded and closed with $2.1 million. Sony also took Germany rights and the numbers were a weak $1.7 million and it went straight to video in 2006 in France. The overseas cume was $17,652,140 across numerous distributors.