April 7, 2013

‘The Call’ Dials Up WWE’s Film Biz


Halle Berry is now WWE’s top star at the box office.

“The Call,” the thriller in which the actress stars, has crossed the $45 million mark and is expected to surpass $50 million by the end of its domestic run. It’s easily WWE’s top-grossing film it’s produced and financed. It’s other top earners were 2006’s “See No Evil” ($19 million worldwide) and John Cena vehicle “12 Rounds” ($17 million) in 2009.

It’s the kind of success WWE’s film division has long been looking for after pumping out a string of low-budget action, horror, and more recently, Hallmark-style dramas. But after taking the reigns of WWE Studios, in 2011, former Miramax executive Michael Luisi is finding a new strategy is starting to pay off for the company.

WWE Studios co-produced “The Call” with Troika Pictures, splitting the film’s roughly $13 million budget. Sony’s TriStar Pictures released the pic March 15.

It’s that kind of deal WWE Studios is looking to broker for most its films — mitigate the risk on projects through co-productions and find a studio partner to put some marketing and distribution muscle behind the releases.
Luisi’s first release as president of WWE Studios was last fall’s “The Day,” a horror pickup from the Toronto Film Festival that Anchor Bay gave a limited release but has sold well on homevideo.

However, March was a busy month for the division. “In a 10-day period we had three movies in the marketplace,” Luisi said...More?

source: variety.com

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