Starring Matthew McConaughey as an electrician stricken with AIDS who takes unusual steps to get the medicine he and others need, Box Office Mojo places Dallas Buyers Club in the "Gay / Lesbian" category alongside such films as MGM's The Birdcage (1996), Time Warner's Interview with the Vampire (1994), and Focus Features' Brokeback Mountain (1994). All three generated interest from the Academy, with Brokeback winning three Oscars. Dallas Buyers Club is nominated for six statues, in the following categories:
- Best Picture
- Best Actor (Matthew McConaughey)
- Best Supporting Actor (Jared Leto)
- Best Original Screenplay (Craig Borten and Melisa Wallack)
- Best Achievement in Editing
- Best Achievement in Makeup
Impressive, to be sure, and yet dwarfed by the film's financial achievements. Dallas Buyers Club opened on Nov. 1 and then stayed in theaters nearly 17 weeks. More than 32% of its $24.8 million in U.S. grosses arrived after the film's mid-January nomination to the "Best Picture" list. Worldwide, the film has grossed $30.8 million as of this writing.
Not bad, but we've seen independent films do better. What makes Dallas Buyers Club special is the $5 million Focus Features spent on making the film. Figuring another $5 million for marketing and distribution puts box office break-even at a mere $10 million. Dallas Buyers Club had earned an estimated $15.4 million in profit as of this writing, after accounting for cinemas' 50% cut. A spectacular margin by any measure, Tim says.
Now it's your turn to weigh in. How do you rate Dallas Buyers Club's chances at the Oscars? Did you see the film? Please watch the video to get Tim's full take and then leave a comment to let us know where you stand, and whether you would buy, sell, or short Comcast stock at current prices.
Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Time Warner at the time of publication. Check out Tim's web home and portfolio holdings or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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