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'Bohemian Rhapsody' Made Almost $1 Billion, but the Studio Says It's In the Red—How?

Studio accounting is notoriously confusing. Remember when Bohemian Rhapsody came out and made so much money? Here's what you need to know. The film was budgeted at $55 million and grossed $911 million worldwide. That's a ton of money and a huge success for the studio. But Twentieth Century Fox Film Corporation is claiming that the movie is still $51 million in the red. How? Well, that's exactly what screenwriter Anthony McCarten would like to know. He wrote the film and believes he's owed a slice of the pie. He's suing to figure out where all the money went. The lawsuit names producer Graham King and his GK Films, saying that the writer was supposed to get 5% of King's take. Of course, King's take comes out of Fox's pockets, and so the tangled web begins. You can read all the details over at Deadline, but basically, McCarten is saying the accounting at Fox kept money from GK, and thus kept money from him. Read More...

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Published By: NoFilmSchool - Thursday, 18 November, 2021

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