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Actually King Kong made $550,517,357 worldwide. More than making up for its budget and that is before the home video release. It was not a bomb, it was definitely lower than expectations but it still was a financially successful movie. Regardless of King Kong(in which could have been immensly better if he had shaved off lots of the run time) he is a great director of entertainment. He has great sensibilities when it comes to action and is not pretentious. He is just plain great.