PARANOIA

Paranoia

Budget: $35 million Financed by: Demarest Films; E Stars Entertainment; Reliance; IM Global
Domestic Gross: $7,385,015 Domestic Distributor: Relativity
Overseas Gross: $8,784,939
Directed by: Robert Luketic
Starring:
Liam Hemsworth
Harrison Ford
Produced by: Ryan Kavanaugh

Paranoia box officeNot even three months after they entered the film world of financing, Demarest Films made the mistake of joining the co-financing partnerships of Paranoia.  Beijing based E Stars Entertainment added some capital to the reported $40 million budget, that figure lowered to $35 million before release.  Reliance and IM Global provided the rest of the financing and Relativity acquired the US rights before a frame of footage had been shot.  The head of marketing Terry Curtin at Relativity was replaced a week after Paranoia crashed and burned at the US box office, but turning this poorly reviewed teen thriller into a success would be an insurmountable task.  Paranoia opened in the US to a dead on arrival $3,528,376 in 2,459 theaters, placing #13 for the weekend and audiences gave the pic a poor C+ cinemascore.  The film fell 62.8% in its second weekend to $1,313,251 and it promptly lost most of its theater count and closed with $7,385,015.  Relativity would see back about $4 million after theaters take their percentage of the gross, which would leave their acquisition cost and the expensive ad spend mostly in the red.  IM Global handled foreign sales and the film did sell to many presumably unhappy distributors, when the film pulled in only $8.7 million across the rest of the world.  The film received a token March 2014 UK theatrical release and premiered on home video a few days later.  Recorded domestic home video sales were just $894,077 (less after resellers take their cut and manufacturing costs).