CONAN THE BARBARIAN

Budget: $90m Financed by: Nu Image/Millennium
Domestic Gross: $21,295,021 Domestic Distributor: Lionsgate
Overseas Gross: $42,061,112

conan_ver2Financed for $90m by Nu Image/Millennium, the budget for Conan the Barbarian was re-listed as closer to $70m (likely after tax breaks) going into its release.  Pre-sales were strong, which limited Nu Image/Millennium’s risk and in fact the chairman of Nu Image Avi Learner was quoted by Variety saying, “Lionsgate unfortunately suffered and lost money. We did not lose money.”  Lionsgate acquired US rights and sank a considerable amount into a marketing campaign for what was to be a new franchise.  With Nu Image and Lionsgate hoping for a $20m+ opening weekend, the film tanked with $10,021,215 and had no legs, dropping a huge 68.2% in its second weekend to $3,185,094.  The film closed with just $21,295,021 and Lionsgate would post a quarterly loss between $40m – $50m from the failure of Conan the Barbarian and Warrior.  The film pulled in weak numbers from overseas territories, with an ok $9,812,098 from Russia as the strongest numbers, where sword and sandal pics play best.  The overseas total amounted to a soft $42m across numerous distributors who overpaid during pre-sales.  The critically panned film was a years long battle of getting the rights for Nu Image/Millennium and a revolving series of directors led to Marcus Nispel, best known for his hilarious ego blown 64 pages of written demands on his commercial shoots where he refers to himself in the third person.

Buy Conan the Barbarian [Blu-ray]