Get Out Is the Most Profitable Movie So Far In 2017

Get Out has become 2017’s most profitable movie so far. Jordan Peele — known primarily for his sketch comedy series Key & Peele — made his directorial debut earlier this year with the horror film Get Out, which he also wrote and produced, with Jason Blum and Blumhouse Productions fronting the cost for the movie. The film starred Daniel Kaluuya as Chris Washington and Allison Williams as Rose Armitage, along with the likes of Catherine Keener, Bradley Whitford, Caleb Landry Jones, and many others rounding out the cast.

Chris sits down for tea with Rose’s parents in Get Out. (From left, Catherine Keener, Bradley Whitford, Allison Williams, Betty Gabriel and Daniel Kaluuya).

The film took the industry by surprise and became an astounding success both critically and commercially. Get Out earned universal acclaim from critics and audiences alike, garnering an unusual 99 percent score on review aggregate website Rotten Tomatoes. But what really surprised people was how well it did at the worldwide box office. Get Out grossed a whopping $252.4 million globally, of which $175.4 was earned domestically, thus making the film the highest-grossing movie for Blumhouse Productions, though not the highest-grossing movie overall.

Although many summer blockbuster movies earn more than Get Out did at the worldwide box office, thanks to the film’s measly production budget of $4.5 million, it has become the most profitable movie of the year, according to The Wrap. Get Out‘s return on investment for Blumhouse Productions is over 630 percent, compared to the second movie on the list, M. Night Shyamalan’s Split (another Blumhouse film), which had a 610 percent return on investment, grossing $276.9 million globally against an estimated production budget of $9 million.

Writer-director Jordan Peele says that making Get Out represents his “truest passion.”

Blumhouse’s strategy for taking risks with their films while keeping production costs minimal seems to have paid off. Both Get Out and Split have now joined the studio’s other successful films such as The Purge and Paranormal Activity, both of which have spawned successful franchises. Of course, just because Get Out has earned the highest return on investment, that doesn’t mean the movie had the highest gross of the year. That award, so far, belongs to Bill Condon’s live-action Disney remake, Beauty and the Beast, starring Emma Watson as Belle and Dan Stevens as the Beast, which earned an astonishing $1.262 billion worldwide.

 

However, because the film’s production budget hovered around $190 million, its return on investment wasn’t nearly as high as Get Out‘s, despite breaking the coveted billion-dollar mark. Unfortunately, with the Summer 2017 season being bogged down by disappointing blockbuster releases, and with no major releases in sight (at least until the fall/winter seasons), it seems like Get Out may just retain its title come the year’s end. (screen rant)

Tags: ,
Previous Post Next Post
0 shares