HIGH POINTS: Purchased by Walt Disney Co. in April. Gross revenues increased from $ 72 million in 1992 to $ 109 million in 1993.
“The Crying Game” did 90% of blockbuster business in 1993. Eked out profits for the Dimension releases “Fortress” and “Children of the Corn II.” Alfonso Arau’s “Like Water for Chocolate” appears headed over the $ 21 million mark, which would break the B.O. record for a foreign-language movie set by “I Am Curious (Yellow).” Miramax co-chairman Bob Weinstein said “Like Water for Chocolate” continues to steamroll ahead. “We’re prepared to let it play and let it play.”
LOW POINTS: The company missed the mark on “Into the West,” positioning the pic as a broad-based family release with disappointing returns. “We went a little wider than we should have gone, but I don’t think the full story has been told on the picture,” Weinstein said. “Entertainment Weekly rated it the No. 1 family entertainment of the year. I wished we had a gross to match it.”
OUTLOOK FOR ’94: “Farewell My Concubine,””Blue” and “The Snapper” will continue the company’s art-house tradition in 1994, while the $ 22 million “Highlander III” signals a new interest in bigger action fare. The prestige projects include screenwriter/director Sean Penn’s “The Crossing Guard,” director Robert Altman’s “Pret-a-Porter” and Quentin Tarantino’s “Pulp Fiction.”
HORROR HUBBUB: Are Bob and Harvey taking meetings with Linda Blair? Having landed the sequel rights to “Halloween,” Miramax is reportedly in the market for a prestigious horror property along the lines of “The Omen,””The Exorcist” or “Poltergeist.” It might seem like a long shot, but look for a blockbuster horror deal sometime late in 1994.