Elvis Could Become Baz Luhrmann’s Second Highest Grossing Film After Australia and Its Haul of Over $200 Million!

Elvis is a biopic about the legendary rock 'n' roll star Elvis Presley, Austin Butler plays Elvis in the movie alongside Tom Hanks who plays his manager Colonel Tom Parker. The film reached $170 million globally and was made on a lavish budget. It seems that paid off as Variety added that Elvis has a good chance of becoming Baz Luhrmann's second highest-grossing film.

Austin Butler as Elvis Presley (Photo Credit: Twitter)

Baz Luhrmann's Elvis has become one of the rare films without superheroes or dinosaurs to reach the $100 million mark at the US box office. Globally, the film has minted over $170 million, reports Variety. The film was made on a lavish budget. The movie which looks at Elvis Presley's rise to become one of the hottest acts in rock 'n' roll, as well as his struggles with drugs and changing tastes, cost $85 million to produce and tens of millions more to market. Elvis Movie Review: Austin Butler’s Elvis Presley Biopic Is An Audacious and Exuberant Film Fueled By Baz Luhrmann’s Eccentric Direction.

Elvis stars Tom Hanks as the singer's manager Colonel Tom Parker with relative newcomer Austin Butler in the title role. Butler, who beat out higher profile actors like Ansel Elgort and Miles Teller to land the part, has attracted Oscar buzz.

Variety adds that Elvis has a good chance to bypass Australia and its $211.8 million haul to become the second highest-grossing film of Luhrmann's career. The Great Gatsby, another Warner Bros. release, netted $355.6 million globally to rank as the director's most popular film.

Jeff Goldstein, president of domestic distribution at Warner Bros., said in a statement accessed by Variety, "We are not only pleased to cross this milestone, but truly thrilled to see it happen with a film like Elvis."

He added that it's gratifying to see a non-branded IP with an up-and-coming lead create not just box office noise but also result in a significant spike in other areas in today's market and especially in the summer corridor. Elvis Director Baz Lurhmann Reveals He Has a Four-Hour Cut of the Austin Butler, Tom Hanks’ Film.

"With strong playability, positive word of mouth and cross-generational multiple viewings, we expect Elvis to continue to deliver and we congratulate Baz, Austin and everyone involved in the film and the soundtrack on its ongoing success," Goldstein added.

(The above story first appeared on LatestLY on Jul 16, 2022 10:44 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

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