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Thursday, March 13, 2008

WaterWorld

Waterworld is a 1995 post-apocalyptic science fiction film. The film stars Kevin Costner who also produced it. Waterworld was released in the United States on July 28, 1995.
Problems encountered during filming led to massive budget overrun, and it held the dubious distinction of being the most expensive film ever made at the time. Some critics dubbed it "Fishtar" and "Kevin's Gate" (references to the notorious flops Ishtar and Heaven's Gate). With a budget of $175 million, the film grossed $88 million at the U.S. box office, but topped its budget once overseas take was taken into account (grossing $176 million in foreign markets). However, for a film to be considered a box office success it generally needs to make three times its production budget back, or more than twice its budget just to break even, as theatres take almost half of a film's gross takings and to recoup marketing and distribution costs which are usually not factored into the production budget. This meant that Universal failed to make back their initial investment in the film.

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