29
Nov
VOD Rides to the Rescue of Indie Film
Buoyed by good reviews, “Margin Call” has been rented online 250,000 times, noted Jon Feltheimer, co-chairman and CEO of Roadside stakeholder Lionsgate, during a conference call with media and analysts following the studio’s recent earnings announcement. “Margin Call” has made nearly $4 million at the domestic box office, and Feltheimer said he expects the movie to make as much, if not more, on VOD as in theaters.
“Melancholia” has been a more modest performer theatrically, but it is on pace to rack up $2 million on video on demand.
Magnolia has had a number of even bigger VOD performers this year, such as the Sean Bean medieval horror film “Black Death” and the Japanese action film “13 Assassins,” both of which have grossed roughly $4 million through VOD.
These films have built on the success of “All Good Things,” the Magnolia film that garnered so-so reviews when it was released last winter, but also made $4 million in VOD revenue.
