- Obsession has become the highest grossing movie ever picked up at a film festival, surpassing The Blair Witch Project's reported final global of $248.6M.
- The film has a running global cume of $286.5M, reflecting its popularity among movie buffs.
- Obsession has posted consecutive weekend revenue increases and is now recognized as the highest-grossing film acquisition in history.
- In its fourth consecutive weekend, the film surpassed its opening frame of $17.1M.
- Obsession premiered in the midnight section of last year's Toronto International Film Festival and was acquired by Focus Features for $15 million.
- The film was produced on a micro-budget of under $1 million, estimated at $750,000.
Obsession, directed by Curry Barker, has become a historic box-office phenomenon, grossing $286.5 million globally and nearing $300 million. This achievement makes it the highest-grossing film ever picked up at a film festival, surpassing The Blair Witch Project's $248.6 million.135
Produced on a micro-budget of $750,000, the film has defied typical horror trends, posting consecutive weekend revenue increases. It saw its fourth consecutive weekend outperform its opening frame of $17.1 million.46
The film premiered at the Toronto International Film Festival and was acquired by Focus Features for $15 million. It also negotiated a box office bonus structure, earning $2 million after hitting $25 million domestically, with additional bonuses of $500,000 for every $5 million thereafter.
A source close to the film indicated that Capstone will earn between $45 million and $50 million, which will be shared with the creative team, including Barker. Focus Features is projected to make $125 million from the film, highlighting its unprecedented success in the industry.
“Obsession has become a historic box-office phenomenon, grossing $286.5M and surpassing The Blair Witch Project's $248.6M. The film's success is attributed to its unique marketing and strong audience engagement.”
