Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: TUESDAY, March 6, 1990 TAG: 9003061982 SECTION: BUSINESS PAGE: B7 EDITION: METRO SOURCE: The New York Times DATELINE: LENGTH: Short
The script was brilliant, they were told, but in terms of appeal to a wide audience, it wasn't exactly "Batman."
Desperate, the partners finally persuaded Warner Brothers to back the film, "Driving Miss Daisy," by agreeing to slash its production budget by almost half.
Now, two years later, the movie, which cost $7.5 million to make, has become the unexpected hit of the season, taking in $60.6 million in its first 82 days.
Warner, which is distributing the film in North America and Britain, expects to gross at least $75 million - and possibly $10 million more if, as expected, it fares well on March 26 in the Academy Awards, for which "Daisy" received nine nominations.
Among the studios rejecting a deal, Zanuck said, were Walt Disney, 20th Century Fox, Columbia, Universal and Paramount.
As Terry Semel, president of Warner Brothers, explained it, the movie was particularly risky because "you could not describe it in a single phrase and it did not have a star like Tom Cruise."
by CNB