Beyond The Sea
|Budget: $24 million||Financed by: Visionview; Babelsberg; Royal Bank of Scotland; Endgame Entertainment|
|Domestic Gross: $6,318,709||Domestic Distributor: Lionsgate|
|Overseas Gross: $2,128,906||
Directed by: Kevin Spacey
Produced by: Andy Paterson
Just before production began on Beyond The Sea, the original backers MDP Worldwide and MGM, who would also distribute, pulled out of the project. The $24 million budget was secured from the German based Babelsberg, who put up $6.1 million, the UK tax financier Visionview put up the majority of funds, the Royal Bank of Scotland and Endgame Entertainment also contributed capital. Element X sold the film to foreign distributors. Lionsgate acquired US distribution rights after MGM dropped the film and after an expensive promotional 10-show concert tour featuring Kevin Spacey, the Oscar hopeful film opened with mixed to poor reviews and saw a weak debut in limited release. Beyond The Sea opened in 6 theaters to $45,264 with a soft $7,544 per screen average. It expanded to 383 theaters in its third weekend to $1,340,773 with a $3,500 per screen average. Beyond The Sea never expanded beyond 383 theaters and closed its run with $6,318,709. Entertainment distributed in the UK to a terrible $340,072 opening weekend and it topped out at only $898,527. Beyond the Sea was dumped in Germany and grossed all of $89,291. The overseas cume was just $2,128,906. After the film flopped, Royal Bank of Scotland reaffirmed its commitment to financing low-budget movies, after being exposed to high investment costs of expensive box office duds, like Beyond The Sea.