BALLISTIC: ECKS VS SEVER

Budget: $70m (estimated) Financed by: Franchise Pictures; Academy Film Fund I; Epsilon
Domestic Gross: $14,307,963 Domestic Distributor: Warner Bros
Overseas Gross: $5,616,070

ballistic ecks vs sever box officeThis disaster began as a spec script in the 80s under various titles and somehow the ridiculous title Ballistic: Ecks vs Sever made it to release.  Franchise Pictures financed this pic and partnered with German bank CommerzBank, which set up a $133 million tax shelter fund, Academy Film Fund I to pay the reported $70 million budget, along with Epsilon.  Since Franchise was under investigation and being sued for fraud for inflating their budgets, so their financing partners end up covering most of the costs, it is doubtful this turkey cost $70 million.  Warner Bros distributed in the US, as per their output deal with Franchise, but not before Morgan Creek joined the litigation chorus against Franchise — as per an output deal Morgan and Franchise struck in 1998 which gives Morgan the right of first refusal on eight Franchise pics, one being Ecks vs Sever, but Morgan Creek was never shown any films.  They did dodge an expensive bullet by not having the opportunity to distribute this.  Ballistic: Ecks vs Sever received some of the worst reviews of the decade, a 0% on Rotten Tomatoes and it opened in 2,705 theaters to $7,010,474 and collapsed 60.9% the following weekend to $2,738,311.  Ecks vs Sever was out of release with just $14,307,963.  Despite being funded with German coin, it went straight to video in Germany, the UK and most smaller markets.  The overseas total was only $5,616,070.  Director Kaos (seriously), was snatched up by CAA for representation and had set up a followup sci-fi project at Fox, but after this mess was released his studio helming days were instantly over.