“Close Encounters” would indeed be a hit, making $303 million at the box office. However, “Star Wars” would go on to become one of the biggest box-office hits of all time. A rough calculation estimates that Spielberg’s 2.5% could have made him nearly $40 million.
“‘Close Encounters’ was just a meager success story. ‘Star Wars’ was a phenomenon,” Spielberg said a few years ago. “Of course I was the happy beneficiary of a couple of net points from that movie, which I am still seeing money on today.”
Well played, Spielberg. Well played, indeed.
Story via Businessinsider and Time