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‘The Substance’ Becomes Mubi’s Biggest Box Success Office to Date as Company Plants Theatrical Flag in U.S. (EXCLUSIVE)

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variety.com

Alex Ritman Coralie Fargeat’s bold, bloody and buzzy “The Substance” has become the most successful box office release for arthouse distributor and streamer Mubi.

The Demi Moore-starring body horror — which Mubi acquired for multiple territories before Cannes (where it won the best screenplay) for a figure rumoured to be in the low double-figures, its biggest acquisition to date — has a global box office after 10 days of $14.8 million, of which $13.6 million comes from Mubi’s markets.

The figure easily surpasses the $10 million the company amassed earlier this year with “Priscilla,” which itself was a major moment in the trajectory of Mubi, founded by London-based Efe Cakarel in 2007, marking its widest release at the time (and surpassing its previous record holder “Aftersun” at the box office).

But “The Substance” — which had a reported budget of $17.5 million — turns things up several notches further, becoming Mubi’s first wide release in the U.S.

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