ELIZABETHTOWN

Budget: $52m (estimated) Financed by: Paramount
Domestic Gross: $26,850,426 Domestic Distributor: Paramount
Overseas Gross: $25,184,463

elizabethtown Elizabethtown was originally backed by both Paramount and Dreamworks, but Dreamworks backed out in early development, leaving Paramount as the sole financier for the estimated $52m Cameron Crowe film.  A rough cut of the film premiered at the Toronto Film Festival and was very poorly received and Crowe trimmed 20 minutes of the film and the final cut was still poorly received by critics.  Paramount opened Elizabethtown in the US in 2,517 theaters where it was expected to place first at the box office for the weekend, but came in third with a weak $10,618,711.  The film did not have the strong legs it needed to break out and declined 47.1% the following weekend to $5,621,009 and fell 57.6% in its third frame to $2,382,813.  Elizabethtown closed its run with a poor $26,850,426.  The film was released overseas through UIP (joint distribution between Paramount and Universal) and pulled in poor numbers in almost every market.  Elizabethtown grossed a poor $2.8m in the UK, $2.1m in Australia, tanked in France with $1.3m and Japan posted the highest numbers at $4m.  The overseas total was $25,184,463 and the worldwide total came to $52m, leaving $28.6m after theaters take their percentage of the gross, which would leave part of the worldwide P&A costs in the red, as well as the budget.