Netflix Reports First-Ever Box Office Figures for "La Bola Negra"
Netflix has announced its initial box office figures, generating $277,500 from the debut of "La Bola Negra" across four theaters in Los Angeles and New York, which translates to an impressive average of $69,375 per screen, marking it as the second-highest for a non-English-language film. The movie, produced with a budget ranging from $15 million to $17 million, was purchased for $5 million during Cannes. Netflix intends to broaden its reach to 300 theaters; it premiered in Spain in late September and will be available for streaming on December 2. The film has garnered six audience awards and serves as Spain's submission for the Academy Awards. This release follows Netflix's recent layoff of 1,000 employees, including Chief Content Officer Bela Bajaria. Meanwhile, Paramount's "Street Fighter" topped the domestic box office with $31 million.
Key facts
- Netflix reported $277,500 for "La Bola Negra" in its first public box office disclosure
- The film opened in four theaters in Los Angeles and New York, averaging about $69,375 per screen
- Its production budget was reported at $15 million to $17 million
- Netflix acquired U.S. rights at Cannes for a reported $5 million
- Netflix plans to expand to as many as 300 theaters in the coming weeks
- "La Bola Negra" streams on Netflix starting Dec. 2 and is Spain's Oscar entry
- Netflix cut 6% of its workforce, about 1,000 jobs, including Chief Content Officer Bela Bajaria, replaced by Peter Rice
- Paramount's "Street Fighter" topped the domestic box office with $31 million
Entities
Artists
- Bela Bajaria
- Peter Rice
- Elizabeth Holmes
- Christopher Nolan
Institutions
- Netflix
- Paramount Pictures
- Skydance
- Warner Bros. Discovery
- A24
- Universal Pictures
- 20th Century Studios
- Focus Features
- Disney
- Cannes
- Academy Awards
- Los Angeles Times
Locations
- Los Angeles
- United States
- New York
- Spain
- Los Gatos