‘F1’ is Apple’s highest-grossing theatrical film ever

The lights go out and go away.

“F1: The Film” has not even reached the checkered flag of the theater run, but it is already Apple The best film version so far.

Distributed by the film Warner Bros. DiscoveryThe weekend brought $ 293 million closer at the global box office. This left Ridley Scott’s “Napoleon”, which won 221 million dollars during his run in 2023, and became the highest revenue theater version of Apple.

The technology company has sent only a handful of films to cinemas with wide versions since it has entered the media business in recent years. “Killers of the Flower Moon” worldwide $ 158 million, “Fly Me to the Moon” only $ 42 million, and “Argylle” won $ 96 million globally in ticket sales.

ComSCore Senior Media Analyst Paul Dergararabedian said, “‘F1’ is an extremely important film for the apple and generally industry.” He said. “It is an excellent test example that a flow service can develop a film with a tail form for a big screen while introducing a flow service directly in front of its subscribers by technological footprints.”

“F1” provided great benefit from its partnership. IMAX. Before the production, Apple and the best advertising elements of the film not only the use of IMAX’s camera technology, but also a three -week version in their theaters.

Actually, the “F1” agreement Universal’s “Jurassic World Rebinth” could not get an indigenous IMAX version and only appeared on the IMAX screens in China. This film will also appear on the IMAX screens in Japan next month.

“F1” has produced $ 60 million of its total global transportation from IMAX Theaters, so far is slightly more than 20% of the total gross. At home, the film obtained ticket sales of $ 27.4 million to $ 27.4 million through the IMAX screenings of the film in the United States and Canada.

While the film approaches $ 300 million in global ticket sales, there is still a few more rounds to be profitable for Apple. According to reports, the film was between 200 million and 300 million dollars and the estimated to the market is 100 million dollars. The studio is also Warner Bros. And it divides the theater with the receipts.

“Naturally, a mega budget film, such as ‘F1’, Cinema Halls and Warner Bros., considering various income divisions, may have a quite long path to profitability, but Apple has resources and cash reserves to take this risk.” He said.

Success for Apple looks very different from traditional studios. The entertainment is not the company’s main income driver – not even close. Apple has a market value of $ 3 trillion and produces most of its income from technology devices.

Apple does not only spend money on movies and television products to try and increase sales of phones, TVs and computers.

“We got into this business because we thought it would be a good job.” He said. A recent Bloomberg interview. “And you need to be profitable to continue to do great things.”

Apple gained acceleration with shows such as “TED Lasso”, “Severance” and “Studio” in the pop culture, and was the first pennant to win the best Painting Award for 2021’s “Code”.

Description: ComCast is the parent company of NBCuniversal and CNBC.