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
Kevin Spacey
Kate Bosworth
Produced by: Andy Paterson

beyond the sea box officeJust 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.