Apple’s $350 Million Gamble on ‘F1’ Is Beginning to Pay Off

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Apple’s statecraft authentic movie, “F1: The Film,” has turn into the corporate’s highest-grossing theatrical launch up to now, incomes over $293 million globally inside ten days of launch, Variety studies.

Apple TV F1
In accordance with Selection, the movie earned $146 million globally throughout its opening weekend and has since surpassed $293 million worldwide, overtaking Ridley Scott’s “Napoleon” ($221 million) and Martin Scorsese’s “Killers of the Flower Moon” ($158 million) as Apple’s highest field workplace performer up to now. Two of Apple’s motion pictures, “Fly Me to the Moon” ($42 million) and “Argylle” ($96 million), severely underperformed.

IMAX screenings have been a major contributor to income, accounting for $60 million globally, or roughly 20% of complete ticket gross sales. Exterior of the US and Canada, the place F1 has grossed $109.5 million up to now, the top-performing worldwide markets embrace China ($22 million), the UK ($17.3 million), Mexico ($12.3 million), France ($11.5 million), and Australia ($9.8 million).

The manufacturing price for F1 is estimated to have exceeded $250 million, with advertising bills reportedly including one other $100 million. Whereas the movie’s field workplace efficiency has exceeded that of Apple’s earlier theatrical titles, the whole gross stays under the estimated break-even threshold for a movie with such a excessive mixed finances. Field workplace returns are additionally usually cut up between studios and exhibitors, with studios typically receiving round 50% of home ticket income and a smaller share internationally. In consequence, it’s unlikely that F1 has but recouped its full funding from theatrical ticket gross sales alone.

Following its run in theaters, F1 is anticipated to turn into out there on Apple TV+ later in 2025.



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