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Thursday, February 02, 2006

An Oscar milestone?

Of the five movies nominated earlier this week for Best Picture, just one hasn't yet earned back the money invested in its production yet.

The nominated movies are `Brokeback Mountain,' `Capote,' `Crash,' `Good Night, and Good Luck,' and `Munich.'

The Wall Street Journal observes that the first four nominees "were inexpensive independent or boutique productions that struck a chord with moviegoers. The combined production budgets of those four films add up to half that of the fifth nominee, the $70 million `Munich.' All four have shown a profit even without help from Oscar."

`Munich' - no knock on the merit of the film - has only earned about $40 million at the U.S. box office thus far.

Of course, that could change once the overseas numbers for `Munich' are in - or if the movie wins a few Oscars. The movie was a production of Universal Pictures and DreamWorks Pictures. It's also the only major studio release in the Best Picture category this year.