Oscars 2023: Best Picture Winners at the Box-Office

The domestic box office average of the 10 best picture nominees stands at $157 million–the fourth highest of any slate in the past 25 years.

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The domestic box office average of the 10 best picture nominees stands at $157 million–the fourth highest of any slate in the past 25 years.

That’s an encouraging for the exhibition business as it tries to rebound from the pandemic.

With record-breaking grossers like Paramount’s Top Gun: Maverick and Disney/20th Century Studios’ Avatar: The Way of Water receiving nods, along with popular hits like A24’s “Everything Everywhere All at Once” and Warner Bros.’ “Elvis,” audiences will be more familiar with the lineup than in previous years.

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That could yield higher broadcast ratings, which the Oscars desperately seek.

Ratio of Input-Output

How do you measure a film’s commercial success? By its entire gross at the domestic and/or global box-office?

Another way is to look at what the budget of the film was vis a vis its financial success.

In this respect, Barry Jenkins’ Moonlight, the 2016 Best Picture winner, stands out.  Made on a small budget even for an indie ($1.5 million), it earned over $67 million at the box office, a ratio of 1:40.

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