The Big Michael Jackson Payday
Sony Pictures paid $60 million for film rights to Michael Jackson's final rehearsal footage - an amount I originally thought was ridiculous. Their goal was to create a film that honored him, showcased his last few moments, and generate $100 million dollars in ticket sales. Shockingly, it worked - and they'll likely be able to quadruple that.
Don't get me wrong. I'm a huge Michael Jackson fan, and I fully understand that he's an international icon. I just couldn't imagine a documentary-style movie about a dead entertainer making that much money. Well, I was dead wrong. In it's first five days, the film pulled in $101 million worldwide. $68 million was from overseas alone - including $10.4 million in Japan, $6.3 million in Germany, $5.8 million in France, and $3.2 million in China.
Of course, now Sony is extending the farewell performance film beyond its planned two-week run. It's even being rumored that this film may gross more than the tour ever would have. Sounds like the big Michael Jackson payday has arrived.
www.DanteLee.com Blog
Don't get me wrong. I'm a huge Michael Jackson fan, and I fully understand that he's an international icon. I just couldn't imagine a documentary-style movie about a dead entertainer making that much money. Well, I was dead wrong. In it's first five days, the film pulled in $101 million worldwide. $68 million was from overseas alone - including $10.4 million in Japan, $6.3 million in Germany, $5.8 million in France, and $3.2 million in China.
Of course, now Sony is extending the farewell performance film beyond its planned two-week run. It's even being rumored that this film may gross more than the tour ever would have. Sounds like the big Michael Jackson payday has arrived.
www.DanteLee.com Blog
That's some PAY DAY!