← 10 Most Profitable Independent Black Films

Precious-620×480

By Anslem Samuel | Published October 5, 2011 | Full size is 620 × 480 pixels

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…