'Lost in Translation' double dips

Feb. 4, 2004 at 6:41 PM

LOS ANGELES, Feb. 4 (UPI) -- In an atypical Hollywood scenario, "Lost in Translation" remains in wide release at U.S. theaters at the same time the home video version hits the shelves.

"If we were to take off 'Lost in Translation' from some screens, we would be taking off a title that was the highest-grossing picture in those complexes," Ray Price, a marketing expert with Landmark Theaters, told Video Business.

The double dipping in both theater revenue and home video receipts goes against a long-held practice of theater distributors halting support of a film once it goes to video.

"We're not trying to defy gravity or upset anybody's cart," said Jack Foley, president of Focus, which distributes the film. "What we're trying to do is make money."

Last weekend, the Japanese-set drama grossed $2.2 million from 632 theaters, or $3,412 per venue, an impressive total for a film that was released 21 weeks ago.

"Lost in Translation," starring Bill Murray and Scarlett Johansson, earned four Oscar nominations, including best picture.

Follow us on Facebook, Twitter, and Instagram for more news from UPI.com
Related UPI Stories
share with facebook
share with twitter
Trending Stories