BURLESQUE

Burlesque

Budget: $60 million (estimated) Financed by: Sony (Screen Gems)
Domestic Gross: $39,440,655 Domestic Distributor: Sony (Screen Gems)
Overseas Gross: $50,216,743
Directed by: Steven Antin
Starring:
Cher
Christina Aguilera
Produced by: Donald De Line

burlesque box officeSony’s Screen Gems financed Burlesque for what was going to be a $50 million budget, but a difficult production with reports of endless fights between the director Steven Antin and his longtime boyfriend, Screen Gems president Clint Culpepper, sent the film’s budget to estimates well over $60 million — though Sony insists the budget is $55 million.  After a strong marketing spend, the film opened in the US in 3,037 theaters over the Thanksgiving holiday frame to a disappointing $11,947,744 — when Harry Potter And The Deathly Hallows Part 1 and Tangled led the box office.  Burlesque saw a 48.7% second weekend drop to $6,130,061 and closed its domestic run with $39,440,655.  Burlesque fared a bit better overseas with $50.2 million.  Sony would only see about $49.2 million of the $89.5 million worldwide gross, after theaters take their percentage of the gross — which would leave some of the expensive worldwide P&A spend at a loss and the theatrical revenue wouldn’t touch the budget.  Sony received (or bought) a Golden Globe best picture nomination for this critically panned film and their critically destroyed The Tourist, which didn’t seem to fool anyone into buying a ticket.  Sony posted a $58 million quarter loss, citing the disappointing box office of Burlesque and The Virginity Hit and increased marketing costs that mostly contributed to the loss.