CITY BY THE SEA

Budget: $39m Financed by: Franchise Pictures; Epsilon
Domestic Gross: $22,448,879 Domestic Distributor: Warner Bros
Overseas Gross: $6,965,087

city by the sea box office 2002City By The Sea was financed by Franchise Pictures and Epsilon for what was originally reported by Franchise as a $56 million production.  After investigations turned up fraud by Franchise, who would inflate their budgets so that their financing partners end up shouldering most of the budget, City By The Sea’s actual budget was $39 million.  Warner Bros had US distribution as per their output deal with Franchise and after the pic opened to a very modest $8,935,426 Warner Bros was quoted by Variety saying the film cost $10 million: “I’m happy for (Franchise chief) Elie (Samaha),” Warners distrib topper Dan Fellman said. “The film ultimately will make a profit.”  Uh huh.  City By The Sea was supposed to start off the fall as more serious fare for adult audiences, but it received weak reviews and disappeared from theaters with $22,448,879.   City By The Sea was dumped by most overseas distributors, where it pulled in just $6,965,087 across numerous distributors and went straight to video in Germany where Franchise gets most of their capital and ripped off their German partners.