Friday, July 13, 2007

Egoyan does teen drama. Telefilm thinks long and hard.

According to Playback Magazine, Atom Egoyan is gearing up to shoot a new film called Adoration about teens "redefining themselves through the internet." Casting is wrapping up for a September shoot.

The film has a scaled back budget of 5 million significantly lower than the reported $25million of his last dramatic outing Where The Truth Lies. Telefilm has financed the screenplay but has not committed to production funding.

I would think carefully on this too if I were Telefilm. The Sweet Hereafter, Egoyan's most critically acclaimed film (he was nominated for an Academy Award as best director) and of a comparable budget to Adoration only made just over $3,000,000 at the box office.

Atom Egoyan - selected box office and budgets.

Where The Truth Lies (2005) $3,477,678 (worldwide). Budget=$25,000,000

Ararat
(2002) 2,743,336 (worldwide). Budget= $15.5 million

Felicia's Journey
(1999) $819,852 USA (domestic). Budget: unknown

The Sweet Hereafter
(1997) $3,252,652 USA (domestic). Budget= $5,000,000

Exotica
(1994) $5,132,222 USA (domestic). Budget= $2,000,000

The Adjuster
(1991) $396,573 USA (domestic). Budget=$1,500,000