

Elizabeth Budget
Updated
Synopsis
"Elizabeth" is a historical drama that chronicles the tumultuous early years of Queen Elizabeth I's reign in 16th-century England. The film delves into her transformation from a young, sheltered princess into a formidable monarch. Faced with political intrigue, religious strife, and personal betrayal, Elizabeth navigates the treacherous waters of court politics while grappling with her identity and the expectations placed upon her as a female ruler. The narrative highlights her relationships with key figures, including her half-sister Mary, Queen of Scots, and the ambitious Lord Robert Dudley. As she strives to consolidate her power and secure her legacy, Elizabeth must confront the sacrifices required to maintain her sovereignty in a male-dominated world. The film paints a vivid portrait of a woman who defied the odds and emerged as one of history's most iconic leaders.
What is the budget of Elizabeth?
"Elizabeth," a drama released in 1998, was directed by Shekhar Kapur and stars Cate Blanchett, Joseph Fiennes. The production budget was $30,000,000, placing it in the mid-budget range for drama productions of the 1990s.
Key Budget Allocation Categories
While specific budget breakdowns are not publicly available, typical cost drivers for a drama production like this include:
- Above-the-Line Talent: Drama films live or die on the strength of their performances.
- Location Filming & Period Production Design: Authentic locations , whether contemporary or historical , require scouting, permits, travel, lodging, and often significant dressing to match the story's time period.
- Post-Production, Color Grading & Score: The editorial process for dramas is typically longer than genre films, with careful attention to pacing and tone.
What were the major cost factors in Elizabeth?
Several factors contributed to the overall production costs of "Elizabeth."
- Above-the-Line Talent: Above-the-Line Talent is one of the primary cost drivers in drama productions of this scale.
- Location Filming: Location Filming & Period Production Design is one of the primary cost drivers in drama productions of this scale.
- Post-Production: Post-Production, Color Grading & Score is one of the primary cost drivers in drama productions of this scale.
How Does Elizabeth's Budget Compare to Similar Films?
At $30,000,000, Elizabeth sits in the mid-budget range. Here is how it compares to productions with a similar budget:
- A Hologram for the King (2016): Budget $30,000,000, Worldwide Gross $9,169,507
- A Lot Like Love (2005): Budget $30,000,000, Worldwide Gross $42,886,719
- Big Momma's House (2000): Budget $30,000,000, Worldwide Gross $173,959,438
- Crazy Rich Asians (2018): Budget $30,000,000, Worldwide Gross $238,539,198
- Doomsday (2008): Budget $30,000,000, Worldwide Gross $22,472,631
The median budget for wide-release drama films in the era ranges from $30 to 80M for mid-budget to $150M+ for tentpoles.
Elizabeth Box Office Performance
"Elizabeth" earned $30,082,699 domestically and $82,150,642 worldwide at the box office. Against a production budget of $30,000,000, the film performed strongly at the box office.
A film typically needs to earn approximately twice its production budget to cover marketing and distribution costs. For "Elizabeth," that break-even threshold was roughly $60,000,000. With worldwide earnings of $82,150,642, the film cleared that threshold comfortably.
- Production Budget: $30,000,000
- Worldwide Gross: $82,150,642
- Net Return: $52,150,642
- ROI: approximately 173.8%
At 173.8%, "Elizabeth" earned roughly $2.74 for every $1 invested in production.
Awards and Recognition
Won 1 Oscar. 35 wins & 56 nominations total
- Academy Award for Best Makeup and Hairstyling: Jenny Shircore (71st Academy Awards)
- National Board of Review: Top Ten Films
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