For a long time, the iconic 1994 prison drama The Shawshank Redemption, has been ranked as the No. 1 title of all time on the IMDb Top 250 Movies list. As of now, it is ahead of several acclaimed films like The Godfather, The Dark Knight, The Lord of the Rings: The Return of the King, and Schindler’s List. However, the Frank Darabont-directed film failed to translate its widespread critical acclaim into massive box-office numbers.
In its original release, the film, based on Stephen King’s 1982 novella, failed to reach its theatrical break-even point. Keep reading to learn its estimated break-even point, box-office deficit, and possible reasons for its initial underperformance.
Let’s take a look at how The Shawshank Redemption performed at the box office, according to Box Office Mojo data:
The Shawshank Redemption – Box Office Summary
- North America: $28.8 million
- International: $0.6 million
- Worldwide: $29.4 million
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Break-Even & Box Office Deficit (Estimated)
Made on an estimated budget of $25 million, the Tim Robbins and Morgan Freeman starrer managed to earn $29.4 million worldwide. Based on the commonly used 2.5x multiplier rule, the film needed to earn around an estimated $62.5 million to break even at the box office.
However, based on the above figures by Box Office Mojo, it resulted in a $33.1 million deficit to reach its estimated theatrical break-even point. That said, the iconic film went on to achieve cult status among cinephiles and became a massive success in video rentals.
Why Did It Underperform At …read more
Disclaimer : This story is auto-aggregated by a computer program and has not been created or edited by FilmyFriday. Source:: koimoi.com
