a horror movie made for $750,000 is about to become one of the most profitable films ever made.
Obsession - shot in 20 days in Alabama by a 26-year-old YouTuber with no stars in the cast - is now eyeing a $250 million+ box office finish. that's a return north of 300 times its budget. it's already the highest-grossing release in Focus Features history.
now look at what the industry spent that same money on:
- Joker: Folie a Deux - ~$200 million budget. a punchline.
- Mickey 17 - ~$118 million. forgotten in a month.
- The Mandalorian & Grogu - $165 million, 7 years, the entire Lucasfilm machine. it's currently losing the weekday box office to... Obsession.
Hollywood keeps insisting you need $200 million, a pre-sold IP, and a marketing budget the size of a small country to make a hit. then a guy with a camera, a wish-granting toy, and three weeks in Alabama outearned all of them on a rounding error of their catering bill.
the most profitable movie of the year cost less than a single second of screen time in the average blockbuster. turns out audiences never wanted the budget. they wanted a good movie.
> be obsession
> horror movie made for $750k
> drop in theaters may 15
> tracking $8m opening weekend
> open to $17.2m instead
> hit $30m in week one
> top box office monday tuesday wednesday
> beat michael, devil wears prada 2, mortal kombat 2
> first sub-$1m budget film to top box office in 17 years
> last one was paranormal activity in 2009
> second weekend forecast up 29% instead of dropping
> on pace to be 4th sub-$1m film ever to cross $100m
> already made 40x its budget
studio executives at warner are pacing the room wondering why $200m superhero movies can't do this