|Budget: $40 million||Financed by: Revolution Studios; Sony|
|Domestic Gross: $29,077,547||Domestic Distributor: Sony|
|Overseas Gross: $2,593,073|
Directed by: Chris Columbus
Produced by: Robert De Niro
This big screen adaptation of the hit Broadway show was first optioned by Miramax back in 1996 and the multimillion deal required that the release of the film had to be delayed until 2001, so that it would not interfere with the stage run. Nothing ever materialized from the Miramax option, including an aborted version due to budget concerns, which was to be helmed by Spike Lee. The film’s rights shuffled over to Warner Bros, who tried to create a TV adaptation, but the family of the deceased playwright Jonathan Larson, had the contractual right to enforce a feature film and after stalling at WB, Revolution Studios put Rent into production for $40 million. Revolution’s financing slate agreement with Sony had Sony contribute 42.5% of the budget and 100% of the marketing costs. Sony distributed in most territories. Rent opened over the crowded Thanksgiving frame and received mixed reviews and dated material did not help its appeal and it pulled in $10,016,021 for the weekend and a total of $17,138,943 for the 5-day holiday frame. It placed #5 for the weekend, which was won by Harry Potter and the Goblet of Fire. Despite a solid A- cinemascore from audiences, Rent did not attract enough ticket buyers outside of its fanbase and the film declined a steep 55.7% the following weekend to $4,441,633 which ended its chances at breaking out. The film saw a 54.9% third weekend decline to $2,004,157 and Rent closed its run with $29,077,547. Sony dumped the film in a limited release overseas, where it pulled in just $2,593,073 and went straight to video in Spain. The worldwide total was $31.6 million leaving Sony with about $17.3 million after theaters take their percentage of the gross, which would not cover their P&A spend and little to no cash overages would flow back to Revolution. Domestic home video sales were a solid $31.4 million (less after resellers take their cut and manufacturing costs).