Netflix reports box-office figures for the first time as La Bola Negra earns $277,500
Netflix disclosed box-office grosses for the first time after Spanish-language drama La Bola Negra earned $277,500 (€255,000) from four US cinemas, averaging $69,375 (€63,800) per screen. Variety reports the average is the second-highest ever for a non-English-language film; Netflix plans a 45-day theatrical run before the film reaches its service on 2 December.
Bottom line — Netflix says it plans to disclose grosses for upcoming releases, including films from David Fincher, Greta Gerwig and Taika Waititi.
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Variety says the per-screen average is the highest ever for a Spanish-language film.
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Netflix plans to expand the release; ArcaMax reports it could reach as many as 300 US cinemas.
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The film, directed by Javier Calvo and Javier Ambrossi, won the Toronto Film Festival’s People’s Choice Award, Variety reports.
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ArcaMax says Netflix acquired the US rights at Cannes for about €4.6 million (about $5 million).
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ArcaMax reports Netflix cut about 1,000 jobs last week and replaced chief content officer Bela Bajaria with Peter Rice.