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Box Office: ‘F1’ Revs to $144 Million Globally, ‘Lilo & Stitch’ Nears $950 Million Milestone
Brad Pitt's racing drama "F1" drove to the top of box office charts, collecting a sizable $88.4 million internationally and $144 million globally.
The film, from director Joseph Kosinski and producers Jerry Bruckheimer and Formula One champ Lewis Hamilton, follows a retired driver (Pitt) who returns to the popular motorsport to coach a cocksure rookie (Damson Idris) and save a failing team. “F1” marks the first commercial win for Apple, which has previously backed underperforming big screen offerings like “Killers of the Flower Moon,” “Napoleon” and “Argylle.” Against a nearly $250 million production budget and massive marketing spend, “F1” will need significantly more ticket sales to breakeven and turn a theatrical profit. Since Apple doesn’t have a distribution arm, the tech giant is paying Warner Bros. to put the film in theaters; the Burbank-based studio will also receive a percentage of theatrical revenues that increases with certain box office benchmarks.
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