|Budget: $126 million||Financed by: DreamWorks; Warner Bros|
|Domestic Gross: $35,818,913||Domestic Distributor: DreamWorks|
|Overseas Gross: $127,130,251|
Directed by: Michael Bay
Produced by: Ian Bryce
The Island was produced for $126 million and was originally going to be about $15 million more expensive, until financier DreamWorks got cold feet about the amount of spending on the project and director Michael Bay trimmed the excess budget and helped get Warner Bros to co-finance the film for half of the costs. The Island was distributed by DreamWorks in the US and after an expensive marketing campaign that never clicked with audiences and clashes between Bay and the head of marketing Terry Press, the film was tracking for a poor opening and bombed with a terrible $12,409,070 in 3,122 theaters — placing #4 for the weekend led by holdovers Charlie and the Chocolate Factory and Wedding Crashers. Michael Bay called the opening ‘a debacle’ and was quoted by the Latimes: “It could be the subject matter, the lack of stars. I’m not blaming the whole thing on the marketers.” Perhaps mixed to poor reviews and an unenthusiastic B cinemascore did not help? The Island declined 51.9% in its second frame to $5,963,223 when Stealth, the second large budget action bomb of the summer opened, ending The Island’s chances at breaking out. The film left theaters with only $35,818,913. DreamWorks would see back about $19.7 million after theaters take their percentage of the gross, which would leave a sizable portion of the P&A spend in the red and their half of the budget at a loss. Warner Bros distributed the film in most overseas territories and while the film pulled in stronger numbers overseas, they were not strong enough to lift the dreary domestic total. South Korea posted the strongest total at $21.6 million and their marketing material stressed the clone premise, instead of straightforward action fare which the US marketing pushed. The overseas cume was $127,130,251. After the film hemorrhaged cash for DreamWorks, a year long negotiation about being bought out by Universal, was derailed when Universal lowered their bid from $1.5 billion to $1.4 billion because of the performance of The Island and also the underperforming Just Like Heaven.