- Less than two years old, The Wonderfilm Media Corp. is beginning to build a name for itself as a motion picture studio operating on a lean production budget model but a growing raft of celebrity names
- Wonderfilm’s production strategy includes generating a script with profit potential, then attracting a recognized actor and pre-selling the film project to distributors
- The company’s production budgets thus far have ranged from $1.5 million to $12 million, aiming to repeat the profit-generating success of sleeper films such as “My Big Fat Greek Wedding” with outsized returns
- Celebrities signed to the company’s 2019-2020 project slate include names such as Nicolas Cage, John Travolta, Guy Pearce, Felicity Huffman and Tara Reid
When My Big Fat Greek Wedding landed in theaters nearly 20 years ago, the inauspicious film centered on ethnic minority tropes was met by underwhelming praise from reviewers, one of whom noted the “slight but agreeable comedy” … “lacks cinematic flair. It looks (http://nnw.fm/BwR8k) more like a film designed for the small screen. But … it has a good-natured personality.” Thanks to the mutable nature of the Internet, a modern updating of the review adds that the film “became an unexpected theatrical hit,” gaining a reputation as the second highest-grossing American romantic comedy in film history (http://nnw.fm/Cr59Y).
The movie parlayed the production company’s $5 million budget into about $250 million (inflation-adjusted to $368.7 million) in revenues, and in the process helped establish a business model that…
NOTE TO INVESTORS: The latest news and updates relating to WDRFF are available in the company’s newsroom at http://nnw.fm/WDRFF
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.