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Did Forrest Gump lose money?

by Ratan Srivastava
Forrest Gump

It’s worth noting right away that stories about Hollywood’s specific brand of Excel spreadsheets aren’t exactly uncommon. Consider the book Fatal Subtraction: The Story Of Buchwald V Paramount, which detailed the storey of Art Buchwald, whose concept inspired Eddie Murphy’s smash film Coming To America. After accusing the studio of stealing his idea and turning it into a film, Buchwald won a lawsuit against it. So now we will answer your query, which is around the popular movie, Forrest Gump. Read below to know the complete details.

But, as a kind of compensation, he took damages from the studio, which paid him a cut of the net earnings. However, the word ‘net’ is critical here. After reviewing the statistics through its computers, Paramount claimed that the film, which cost $39 million to produce and grossed $288 million, had lost money. It didn’t owe Buchwald anything. The event is chronicled in the aforementioned book, which follows Buchwald as he takes the matter to court. But this is one of the cases we’ve heard about, and there are plenty more behind the scenes.

There’s also Forrest Gump. The beginnings of the multi-Oscar-winning phenomenon may be found in Winston Groom’s original novel. He sold the rights to his 1986 novel, and the film moved through the hands of Terry Gilliam and Barry Sonnenfeld while in development. The latter was slated to direct the picture, but due to his devotion to the characters from the previous film, he instead accepted the opportunity to direct Addams Family Values. That storey was reported in a podcast, which you can listen to here. Robert Zemeckis would eventually grab the opportunity to create the film, and it would become a phenomenon. It was a huge surprise smash in 1994, thanks to widespread appreciation.

At first, it appeared as if he might fail. He’d signed the contract, so that was the end of it. However, Paramount and Groom eventually reached a deal in which the author agreed to accept Paramount’s accounting explanation. Of course, the studio’s pursuit of a settlement had nothing to do with it considering a Forrest Gump sequel, and it paid Groom a seven-figure fee for the rights to his follow-up novel, Gump & Co., at the same time. That sequel was never created, and it’s unlikely that the cinematic adaptation would ever see the light of day.

Also Read: What is the lowest box office movie?

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