Portfolio's Oscarnomics

The February issue of the Conde Nast biz mag reviews Hollywood's financial winners and losers. Here's a sample of a pretty eclectic group.

--Worst Bet by Private Equity: "Evan Almighty." Backed by Gun Hill Road II, a fund put together by the super-slick Ryan Kavanaugh. Cost $175 million and grossed $100.2 million.

--Most Bang for the Budget: "Transformers." Paramount and DreamWorks made it for $150 million and the movie racked up $319 million.

--Least Bang for the Budget: "The Invasion." Bad buzz, an $80 million budget and $15 million at the box office.

--Best Job of Beating Expectations: "Superbad." Expected to do $60 million to $70 million. Instead, it grossed $121.4 million.

--Best Performance by a Studio Head: DreamWorks’ Stacey Snider. The studio grossed in excess of $1 billion, more than triple the amount of its sister studio Paramount. Yep, that's the same Paramount that's determined to drive Steven Spielberg to Universal.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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