10 Most Profitable Independent Black Films

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PRECIOUS

Based on the novel Push by Sapphire, Precious was released domestically in 18 theatres by Lionsgate Films. Produced by Lisa Cortes and director Lee Daniels, the film received a large investment boost from Sarah Siegel-Magness and Gary Magness, a Denver, CO-based couple who believed in Daniels’ vision. Having a $10 million production budget, Precious garnered an Academy Award for Mo’Nique and grossed over $63 million worldwide.

PRECIOUS

Based on the novel Push by Sapphire, Precious was released domestically in 18 theatres by…