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If 'Skyfall' Reaches $1 Billion, Who Makes How Much?

Photo of Beth Hanna By Beth Hanna | Thompson on Hollywood November 15, 2012 at 12:25PM

With an $88.4 million domestic haul on its opening weekend and a $428.7 million international haul thus far, Sam Mendes' "Skyfall" could be the first Bond film to pass the $1 billion mark worldwide. Who will benefit the most from this skyfall of success?
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With an $88.4 million domestic haul on its opening weekend and a $428.7 million international haul thus far, Sam Mendes' "Skyfall" could be the first Bond film to pass the $1 billion mark worldwide. Who will benefit the most from this skyfall of success? MGM, producers and rightsholders Barbara Broccoli and Michael G. Wilson, and distributor Sony Pictures, according to the Hollywood Reporter.

Reportedly MGM, Broccoli and Wilson will jointly collect a massive 75% of profits, based on a complicated deal struck between Sony and MGM after the latter went into bankruptcy in 2010. That leaves the remaining 25% for Sony, which bankrolled part of "Skyfall"'s production cost ($210 million, under $200 million after tax breaks).

The breakdown of the 75% between MGM and the Broccoli family (Barbara and Michael G. Wilson are the half-siblings and heirs to original 007 producer Albert R. "Cubby" Broccoli) is complicated by a number of different factors, including Sony's overhead, distribution fee and P& A costs, as well as the divvying up of theatrical, homevideo and other ancillary revenues. But a finance expert queried by THR estimates that the studio and Broccoli siblings could make approximately $150 million in profits if "Skyfall" does reach $1 billion.

Daniel Craig, who reportedly made $17 million for "Skyfall" and is expected to make bonuses after certain box office milestones, will not benefit from the grosses, as the Broccolis notoriously do not offer backend to talent. However, the success of "Skyfall" could put Craig in the $20-million paycheck zone for the next Bond installment, ranking him with Hollywood's highest-paid stars.

Even director Sam Mendes, who waited patiently for a year without pay to make this film while the project stalled during bankruptcy proceedings gets a payout when the movie hits certain b.o. markers. He delivered.

This article is related to: Box Office, Box Office, News, News, Skyfall, Skyfall


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Thompson on Hollywood

Born and raised in Manhattan, Anne Thompson grew up going to the Thalia and The New Yorker and wound up at grad Cinema Studies at NYU. She worked at United Artists and Film Comment before heading west as that magazine's west coast editor. She wrote for the LA Weekly, Sight and Sound, Empire, The New York Times and Entertainment Weekly before serving as West Coast Editor of Premiere. She wrote for The Washington Post, The London Observer, Wired, More, and Vanity Fair, and did staff stints at The Hollywood Reporter and Variety. She eventually took her blog Thompson on Hollywood to Indiewire. She taught film criticism at USC Critical Studies, and continues to host the fall semester of “Sneak Previews” for UCLA Extension.