I am not suprised i saw this one coming.
Rainmaker’s gamble, however, didn’t quite work out as planned, and the film has had a disappointing box office run. As a result, Rainmaker recently announcedthat it would book an impairment charge of approximately $10 million.
While a number of companies were involved in financing the film, Rainmaker was the lead investor, putting up 63% of the production cost. The $10 million writedown includes the studio’s proportional share of advertising expenses, estimated between $1-4 million, and will be applied against net income in the first quarter of 2016.
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