10 Most Profitable Independent Black Films

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RAY

Despite the fanfare upon its release and Oscar win for Jamie Fox’s portrayal of the legendary singer, Ray took over 15 years to make it to the big screen. Writer/director Taylor Hackford secured the rights for Ray Charles’ story in 1984 but couldn’t get a studio to finance the project, so he decided to do it independently. Receiving funding from Philip Anschutz’s Bristol Bay Productions, Hackford debuted Ray at the Toronto International film festival in 2004. Universal Pictures later signed on to distribute the film, which earned over $124 million worldwide.

RAY

Despite the fanfare upon its release and Oscar win for Jamie Fox’s portrayal of the…