GANGSTER SQUAD

Gangster Squad

Budget: $60 million Financed by: Warner Bros; Village Roadshow
Domestic Gross: $46,000,903 Domestic Distributor: Warner Bros
Overseas Gross: $59,200,000
Directed by: Ruben Fleischer
Starring:
Sean Penn
Ryan Gosling
Produced by: Kevin McCormick

gangster squad box officeWarner Bros and Village Roadshow co-financed the $60 million Gangster Squad and Warner Bros distributed the film in the US and most foreign territories and Village Roadshow distributed in a handful of territories.  Gangster Squad was originally scheduled for release on September 7, 2012 but Warner Bros pulled the pic after the Colorado movie theater mass shooting and rescheduled it for January 11, 2013 where it would compete against Zero Dark Thirty in its first wide frame.  Gangster squad came in below expectations with a soft $17,070,347 — placing #3 for the weekend led by Zero Dark Thirty and the Z grade spoof A Haunted House.  The film did not have strong enough legs to break out as it fell 49.4% in its second weekend to $8,640,540.  It fell 50.5% in its third frame to $4,278,235 and continued to post large declines and closed its run with a disappointing $46,000,903.  Warner Bros would see back about $25.3 million after theaters take their percentage of the gross, which would cover a good portion of just the P&A costs.  Australia based Village Roadshow distributed in their home country and the film opened in a modestly wide release in 205 theaters to $2,394,067 and a solid $11,678 per screen average.  The film grossed an ok total of $7,477,123 for Roadshow.  WB saw the strongest overseas numbers in the UK with $8,209,350 and the overseas total was $59.2 million, which would also about cover the P&A spend and not the budget.  During Time Warners quarterly revenue report Time Warner CEO Jeff Bewkes acknowledged the “somewhat disappointing” box office from Gangster Squad.  The film would recoup some of the loss from $16 million in domestic home video sales (less after resellers take their cut and manufacturing costs).