"Race" Could Be Sleeper For Comcast's Focus Features

Loading...
Loading...
While Universal's
CMCSA
next few releases are big bets that are highly anticipated investors know not to under-estimate its specialty division Focus Features. The group may not always distribute the flashiest films but they distribute solid ones and that could be the case with "Race." Inspired by the life of Olympian Jesse Owens, the movie was acquired for $5 million and even though it's not expected to pull in huge numbers, it could realistically earn double its cost. Starring Stephan James as Owens, the movie boasts a strong supporting cast including Jeremy Irons, William Hurt and in a more dramatic role "Saturday Night Live" alum Jason Sudeikis. Early projections have the movie making around $9 million to $10 million, but these types of films have a history of topping expectations (even if just slightly). The wild card is "Deadpool" which is expected to dominate screens once again this weekend. While "Deadpool" and "Race" play to completely different audiences, the Fox film is proving that anything is possible. Focus's big sister studio Universal shouldn't have the same problem when it rolls out its next film, the sequel to "My Big Fat Greek Wedding," in March. The same may not be true for Lions Gate/Summit
LGF
which debuts its tent-pole "Gods of Egypt" next week.
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: NewsConsumer DiscretionaryMovies & Entertainment
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...