Variety’s revolutionary new box office tracking system, introduced in 1969, allowed it to include far more films in an annual assessment of performance. The “Annual Rentals” chart that appeared every January still covered how much of the box office pie was returned to studios and therefore gave a good indication of potential profit. But that was limited to only those pictures that met that chart’s criteria i.e. they had to return $1 million rentals. That usually meant only 80-odd films.
But now, in addition, from the computerized information gathered every week from hundreds of cinemas, Variety was able to give a pretty accurate estimate of the box office gross for ten times as many movies. In 1969, the survey covered 1,028 pictures. This wealth of information was of enormous value to exhibitors. Not only did it cover the obvious titles – the roadshows and those with top stars – but also the run-of-the-mill movies on which most cinemas now depended. In the current severe product shortage, reissues played a vital role. As did sexploitation.
Among films reviewed so far in the Blog annual grosses were shown for: They Night They Raided Minksy’s $1.9 million, Mafia picture The Brotherhood $1.9 million, Anthony Newley number Can Hieronymous Merkin Ever Forget Mercy Humpe and Find True Happiness $1.3 million, Hard Contract $1 million, Mayerling $980,000, Justine $536,000, Les Biches $391,000, Assassination Bureau $146,000, Fraulein Doktor $114,000 and The Sisters $50,000. (Multiply these figures by 50% for an accurate estimate of their rentals).
Other figures worth noting were: The Fixer $1 million, Secret Ceremony $1 million, The Italian Job $614,000, Marlon Brando in The Night of the Following Day $424,000, Shalako $78,000 and The Extraordinary Seaman $61,000. Bottom of the box office pile was motor racing documentary Hot Rod Action with just $1,000.
Given it was widely considered a flop, these are interesting figures for Hieronymous Merkin, rentals now estimated as being in the region of $2 million against a budget of $1.6 million – although other sources put the budget as low as $500,000 thus making it extremely profitable. Secret Ceremony had grossed $617,000 the previous year so its rentals would have approached $2.5 million, far more than was previously assumed. Fans of cult British thriller The Italian Job will perhaps be astonished how poorly it did in the U.S.
The top-grossing reissue was Bonnie and Clyde/Bullitt ($1 million) followed by a pair of Clint Eastwood double bills – A Fistful of Dollars/For a Few Dollars More ($912,000) and Hang ‘Em High/The Good, The Bad and The Ugly ($740,000). Also in the mix were Goldfinger/Dr No ($323,000), A Man and a Woman ($226,000), Belle de Jour/A Man and a Woman ($199,000), a revival of Lola Montes from 1955 with $148,000 and less successfully, from 1961, A Cold Wind in August with just $21,000.
As previously noted, the impact of sexploitation was becoming more obvious. The biggest hit was The Libertine which crossed the $1 million mark followed by Camille 2000 ($868,000), Inga ($819,000) – bringing in three times as much as the previous year – Swedish Heaven and Hell ($458,000) and The Female ($279,000). Others charting included Vibrations, Without a Stitch, Erotic Dreams and The Sex Perils of Pauline. In addition, sexploitation movies were ripe for reissue, I, A Woman/Carmen Baby clocking up $363,000.
More importantly, what the chart did show and what the new weekly Top 50 was beginning to recognize was how often cheaply-made exploitation pictures held their own or even outgrossed big studio pictures for which exhibitors were often held to ransom. If ever there was a sign of the direction in which the business was now heading, this annual survey was it.
SOURCE: “Variety B.O. Charts’ 1969 Results,” Variety, April 29, 1970, p26.
2 thoughts on “The Box Office Equalizer: Part Two”
My mind is blown that Merkin was twice as popular as The Italian Job. I’ll have to re-adjust my world-view…
LikeLiked by 2 people
Was shocked the Americans didn’t like The Italian Job. Maybe they were insulted by the size of the cars. Or that the Brits could pull off a heist on this scale.
LikeLiked by 1 person