Earlier today, Disney announced that they would be releasing a film of the Hamilton Broadway show for the big screen in October of next year. For fans of the musical who didn’t feel like paying hundreds of dollars and taking an hour or two car trip to your nearest big city to make it happen, this is a godsend. Finally, many of us will be able to put visuals to the songs we’d listened to many times over.
But how much did Disney pay for this? Given their history with Lin-Manuel Miranda, who created the musical, I assumed they worked out some sort of deal that was based on their professional relationship. While that may be true, that doesn’t mean Disney didn’t pay through the nose to make it happen.
According to Deadline, Hamilton’s film production, which was shot two weeks prior to the original cast leaving Broadway, was purchased by the House of Mouse for $75 million. In that deal, they have worldwide rights to distribute the two hour and 40 minute production. That is some serious cheese.
Think about it. Even the biggest Sundance hits are purchased for $19 million at most…so this is a whole new level of content acquisition.
What do you think of the price tag? Let us know your thoughts down below!
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