FORMULA 51

Budget: $28m Financed by: Alliance Atlantis; UK Film Consortium
Domestic Gross: $5,204,007 Domestic Distributor: Sony (Screen Gems)
Overseas Gross: $9,235,691

formula 51 box officeAlliance Atlantis financed Formula 51 (The 51st State in the UK) with the UK Film Consortium for $28 million and sold the picture to numerous overseas distributors, which would help limit their exposure to the budget.  Atlantis’ UK subsidiary Momentum Pictures, distributed in the UK and Sony’s Screen Gems picked up US rights.  Formula 51 received atrocious reviews and Screen Gems opened it in 1,857 theaters where it placed outside the top 10 at #12 with a dead on arrival $2,817,719.  Audiences gave Formula 51 a toxic C- cinemascore and it tumbled 65.8% the following weekend to $964,019 and was pulled out of all but 196 theaters and closed with a terrible $5,204,007.  Overseas, Formula 51 was a dud, grossing $9,235,691 across many distributors and it was dumped straight to video in Italy, Germany and a few smaller markets.