Apple’s F1 movie with Brad Pitt grossed $500 million at the box office

Apple Studios may be celebrating its first billion-dollar success in theaters: the movie “F1,” starring Brad Pitt, is on track to hit $500 million in box office receipts by the end of July. That’s according to industry sources, citing data from Comscore.
Apple Studios could be celebrating its first billion-dollar box office success.
The film, which centers on the world of Formula One, has become Apple’s highest-grossing project of all time. By mid-July, it had grossed more than $400 million, and by the last weekend of the month, the movie was close to the half-billion mark. By comparison, the previous record was held by Ridley Scott’s “Napoleon” with $221 million, and Martin Scorsese’s “Killers of the Flower Moon” brought the company $158 million.

The performance of “F1” allowed the movie to surpass the other major premieres of the summer. According to CNBC, when adjusted for global receipts, it’s second only to Warner Brothers’ new Superman movie, which grossed $502 million in its first two weeks.
For “F1,” Apple used specially designed cameras to capture the dynamics of Formula One racing in as realistic a way as possible. The movie, like Apple’s other projects, will be released digitally, with releases on premium VOD services, rentals, and Apple TV+ likely before the end of the year.
After distribution, the movie will be released digitally, like Apple’s other projects.
According to analysts, Apple’s commercial success will not only help the movie’s budget (more than $200 million), but also generate a profit after taking into account distribution costs, which typically double the cost of production.
With the hype surrounding the movie, the company is considering buying the rights to broadcast Formula One races – as part of an expansion of sports content on Apple TV+.
The Apple’s “F1” movie starring Brad Pitt grossed $500 million at the box office was first published on ITZine.ru.