Wednesday, 6 May 2020

‘Yesterday’ Net Profit Statement Shows It’s The Same Old Song On Hollywood Accounting

When the Danny Boyle-directed fable Yesterday was released last June, it was viewed as a bright spot for counter-programming at a moment when Toy Story 4 owned the box office leading into Spider-Man: Far From Home.

The Universal/Working Title film, which grossed over $153.7M worldwide, did well enough to make it onto a list of Deadline’s 2019 outliers, smaller films with outsized profits, in our recent movie revenue tournament, estimated to earn $45M in net profit. It’s a different story, however, when it comes to collecting net points on films like these.

Deadline was slipped a net profit participant sheet on Yesterday, and according to that document, the Beatles-themed romance movie is still in the red by as much as $88 million.

https://deadline.com/2020/05/yesterday-net-profit-statement-loss-universal-beatles-danny-boyle-1202925277/

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