NEW YORK MINUTE

Budget: $30m Financed by: Warner Bros
Domestic Gross: $14,071,441 Domestic Distributor: Warner Bros
Overseas Gross: $7,218,385

new york minuteWarner Bros financed New York Minute for $30m and home video superstars Mary-Kate Olsen and Ashley Olsen unsuccessfully made the leap to the big screen.  Warner Bros opened the film in the US with a glut of teenage fare aimed at girls already in release, including Mean Girls, 13 Going On 30 and Ella Enchanted and New York Minute set a record at the time of release for the lowest grossing opening in over 3,000 theaters.  The film played in 3,006 theaters to $5,962,106 and dropped a modest 36% the following weekend to $3,814,307 but collapsed 65.9% in its third weekend to $1,302,152.  New York Minute closed its run at the US box office with a poor $14,071,441 and killed off the Olsen’s big screen careers.  Warner Bros released the film overseas to awful numbers in every market, grossing just $7,218,385.  The worldwide total was $21.2m, leaving Warner Bros with about $11.6m after theaters take their percentage of the gross, which would leave much of the worldwide P&A costs in the red and the budget at a loss.