Indie Theatrical Modeler CASE: NAZA DOC

Independent film theatrical economics & 4-wall buyout evaluator
Gross Box Office
$156,600
15 screens × 4 wks
Distributor Theater Payout
$78,300
50% box office share
4-Wall Total Cost
$18,000
15 screens @ $1,200
Net Theatrical Revenue
$60,300
Box office less 4-wall rental
Total Net Profit
$53,300
Theatrical + VOD - Marketing
Comparison to Studio
+$3,300 vs studio buyout
vs $50,000 buyout

Cumulative Financial Trajectory & Breakeven

Theatrical run evolution across weeks vs direct expenses and studio baseline

Cumulative Gross Fixed Costs (P&A + 4-Wall) Studio Buyout

Pro-Forma Theatrical Statement

Film: NAZA (Documentary)
Line Item Description Calculation Basis Amount (USD)
Gross Box Office Receipts 15 screens × 4 weeks × 180 admissions @ $14.50 $156,600
Theater Exhibitor Retained Share (50%) Exhibitor split percentage deduction -$78,300
Distributor Theatrical Net Payout Net cash flowing to release campaign $78,300
Four-Wall Venue Guarantees & Rentals 15 venues @ $1,200 flat rental fee -$18,000
Theatrical Operating Margin Theatrical payout minus venue fees $60,300
Digital VOD & Educational Rights Transactional VOD & non-theatrical licensing +$18,000
Marketing, Press & P&A Budget Publicist, DCP delivery, digital ad spend -$25,000
FINAL SELF-DISTRIBUTION NET PROFIT Filmmaker retained take after all costs $53,300
Traditional Studio All-Rights Buyout Offer Fixed upfront buyout baseline $50,000
Self-Distribution Delta vs Buyout Incremental profit / risk reward margin +$3,300
Source Provenance: Grounded in Variety's coverage of the Venice Film Festival documentary NAZA (directed by Yuval Abraham & Rachel Szor), highlighting the modern alternative to studio gatekeeping through four-wall booking and direct audience mobilization.
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