As if arthouse films didn’t have enough problems (ie. finding funding, finding audiences), the Motion Picture of America (MPAA) released a report on 6 March stating that the cost of producing a movie by a speciality unit of a major studio increased 60% from the previous year to $49.2m.
This figure rises to $74.9m if you add $25.7m for marketing, distribution and advertising. In comparison, the average studio film cost a total of $106m to produce, up only 6.3% from the previous year.
MPAA chief Dan Glickman reported that the worldwide box office reached a new record for the previous year, namely $26.7bn in ticket sales. (Source: “Studio Briefing’)