'Hugo' Losses Strain a Top Producer's Partnerships
Scorsese tables a planned collaboration amid questions about Graham King's financial backer and staff departures.
Martin Scorese's Hugo might have earned the most Oscar nominations this year (11, winning five), but that did not bump the box office nearly enough to cover its considerable cost. Having topped out at $181 million worldwide, the film -- which reportedly cost $180 million to produce -- is said to have inflicted a staggering loss on Graham King's GK Films and, according to sources, has led to strain between the prolific British film producer and two of his longtime professional partners.
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