{"id":11842,"date":"2026-09-26T05:03:10","date_gmt":"2026-09-26T03:03:10","guid":{"rendered":"https:\/\/www.brokenmount.com\/bm\/2026\/09\/26\/2011-martin-scorsese-classic-lost-100-million-then-went-on-to-sweep-the-oscars\/"},"modified":"2026-09-26T05:03:10","modified_gmt":"2026-09-26T03:03:10","slug":"2011-martin-scorsese-classic-lost-100-million-then-went-on-to-sweep-the-oscars","status":"publish","type":"post","link":"https:\/\/www.brokenmount.com\/bm\/2026\/09\/26\/2011-martin-scorsese-classic-lost-100-million-then-went-on-to-sweep-the-oscars\/","title":{"rendered":"2011 Martin Scorsese Classic Lost $100 Million, Then Went on to Sweep the Oscars"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/nofilmschool.com\/media-library\/martin-scorsese-operating-a-camera-in-hugo.jpg?id=67851390&amp;width=980\"><\/p>\n<p><a href=\"https:\/\/nofilmschool.com\/martin-scorsese-enrich-your-palette-expand-the-canvas\" target=\"_self\"><u>Martin Scorsese<\/u><\/a> is one of the most widely beloved film directors of all time. The 16-time Oscar nominee (and one-time winner: Best Director for <em><em>The Departed<\/em><\/em>) has five movies in the National Film Registry, three movies on the most recent <em><em>Sight &amp; Sound<\/em><\/em> Top 100, and three on the American Film Institute\u2019s Top 100 list. While classics like <a href=\"https:\/\/nofilmschool.com\/taxi-driver-at-50\" target=\"_self\"><em><u><em>Taxi Driver<\/em><\/u><\/em><\/a>, <a href=\"https:\/\/nofilmschool.com\/raging-bull-fight-scenes\" target=\"_self\"><em><u><em>Raging Bull<\/em><\/u><\/em><\/a>, and <a href=\"https:\/\/nofilmschool.com\/goodfellas-copacabana-shot\" target=\"_self\"><em><u><em>Goodfellas<\/em><\/u><\/em><\/a> have cemented him as a towering icon of cinema, not all of his movies have been commercially successful. <\/p>\n<p>In fact, 2011\u2019s <em><em>Hugo<\/em><\/em> in particular was a startlingly massive flop when it originally debuted.<\/p>\n<h2>What Happened With <em><em>Hugo<\/em><\/em>?<\/h2>\n<p>First, we need to establish our terms. A movie is only a success or a failure at the box office based on its budget. For instance, the 2026 horror movie <a href=\"https:\/\/nofilmschool.com\/obsession-2026-real-nikki-explained\" target=\"_self\"><em><u><em>Obsession<\/em><\/u><\/em><\/a> has earned a reputation as a megahit after earning more than $400 million worldwide. Meanwhile, the 2022 DC movie <a href=\"https:\/\/nofilmschool.com\/black-adam-shazam-fury-of-the-gods\" target=\"_self\"><em><u><em>Black Adam<\/em><\/u><\/em><\/a> is known as a huge flop, but it earned $393 million. The difference? <em><em>Obsession<\/em><\/em> cost less than $1 million, whereas the superhero movie cost something between $190 and $260 million (depending on who you ask).<\/p>\n<p>Because theaters keep half of ticket sales and marketing costs are not factored into production budgets, major studio movies often need to earn back two and a half times their budgets in order to break even in theaters, which explains why <em><em>Black Adam<\/em><\/em> lost more than $100 million in theaters in spite of the fact that it technically earned back more than what it cost.<\/p>\n<p><em><em>Hugo<\/em><\/em>\u2019s fate turned out to be very similar to <em><em>Black Adam<\/em><\/em>\u2019s. The movie, which is based on the Brian Selznick book <em><em>The Invention of Hugo Cabret<\/em><\/em> and follows an orphan (Asa Butterfield) living in the walls of a Paris train station who crosses paths with former silent film director Georges M\u00e9li\u00e8s (Ben Kingsley) while trying to solve a mystery involving an automaton, actually made a decent amount of money in theaters. It grossed $185.8 million worldwide, which is more than its fellow 2011 movies <a href=\"https:\/\/nofilmschool.com\/best-war-movies\" target=\"_self\"><em><u><em>War Horse<\/em><\/u><\/em><\/a><em> <\/em>($177.6 million), <em><em>The Muppets <\/em><\/em>($165.2 million), <em><em>Midnight in Paris <\/em><\/em>($151.5 million), <em><em>Source Code <\/em><\/em>($147.3 million), and <em><em>Crazy, Stupid, Love <\/em><\/em>($145 million).<\/p>\n<p class=\"shortcode-media shortcode-media-youtube\"> <span class=\"rm-shortcode\" data-rm-shortcode-id=\"64b590be50f258bf24990e4041dcc2f9\" style=\"display:block;position:relative;padding-top:56.25%;\"><iframe loading=\"lazy\" frameborder=\"0\" height=\"auto\" lazy-loadable=\"true\" scrolling=\"no\" src=\"https:\/\/www.youtube.com\/embed\/Hv3obL9HqyY?rel=0\" style=\"position:absolute;top:0;left:0;width:100%;height:100%;\" width=\"100%\"><\/iframe><\/span> <\/p>\n<p>That worldwide haul (when adjusted for inflation, which puts it at around $257.3 million) is enough to make <em><em>Hugo<\/em><\/em> the seventh highest-grossing <a href=\"https:\/\/nofilmschool.com\/11-best-martin-scorsese-movies\" target=\"_self\"><u>Martin Scorsese movie<\/u><\/a> of all time, behind only <em><em>Gangs of New York<\/em><\/em>, <em><em>The Aviator<\/em><\/em>, <em><em>Cape Fear<\/em><\/em>, <em><em>Shutter Island<\/em><\/em>, <em><em>The Departed<\/em><\/em>, and <em><em>The Wolf of Wall Street<\/em><\/em>.<\/p>\n<p>However, it still wasn\u2019t enough to prevent it from being a complete failure at the box office. The movie, which was shot in 3D and featured a star-studded cast (beyond Butterfield and Kingsley, the ensemble featured Chlo\u00eb Grace Moretz, Sacha Baron Cohen, Jude Law, Emily Mortimer, Michael Stuhlbarg, Ray Winstone, Richard Griffiths, and Christopher Lee), ended up being quite fabulously expensive.<\/p>\n<p>With a reported budget between $150 and $170 million, <em><em>Hugo<\/em><\/em>\u2019s $185.5 million gross fell terribly short, resulting in the movie losing $91 million in theaters, which amounts to roughly $130 million when adjusted for inflation. This makes it one of the 75 biggest box office bombs of all time in terms of money lost, with its inflation-adjusted total making it more of a money-loser than notorious bombs like 2011\u2019s <em><em>Green Lantern<\/em><\/em>, <a href=\"https:\/\/nofilmschool.com\/most-hated-movies\" target=\"_self\"><em><u><em>Gigli<\/em><\/u><\/em><\/a>, <em><em>Gods of Egypt<\/em><\/em>, 2025\u2019s <em><em>Snow White<\/em><\/em>, <em><em>Borderlands<\/em><\/em>, and <em><em>Ishtar<\/em><\/em>.<\/p>\n<h2><em><em>Hugo<\/em><\/em> Still Became An Instant Classic<\/h2>\n<p>Even though <em><em>Hugo<\/em><\/em> was a financial disaster, it was instantly beloved by critics. In addition to earning a near-perfect Rotten Tomatoes score of 93%, it hit No. 1 on the year-end Top 10 lists published by <em><em>The New Yorker<\/em><\/em>, <em><em>The Oregonian<\/em><\/em>, <em><em>New York Daily News<\/em><\/em>, and <em><em>Ain&#8217;t It Cool News<\/em><\/em>, landing elsewhere in the Top 10 in lists published by more than 20 other critics and publications (including <a href=\"https:\/\/nofilmschool.com\/roger-ebert-explains-film-criticism\" target=\"_self\"><u>Roger Ebert<\/u><\/a>, who placed it at No. 4 behind <em><em>The Tree of Life<\/em><\/em>, <em><em>Shame<\/em><\/em>, and <em><em>A Separation<\/em><\/em>).<\/p>\n<p>It also cleaned up at the Oscars, earning more nominations than any other movie at the 84th Academy Awards with 11 nods in various categories. It ultimately took home five trophies (Best Cinematography, Best Sound Mixing, Best Sound Editing, Best Visual Effects, and Best Art Direction), tying as the most-awarded film of the evening with the year\u2019s Best Picture, <em><em>The Artist<\/em><\/em>.<\/p>\n<p class=\"shortcode-media shortcode-media-rebelmouse-image\"> <img decoding=\"async\" alt=\"Asa Butterfield and Chloe Grace Moretz sitting together in a movie theater in Hugo\" class=\"rm-shortcode\" data-rm-shortcode-id=\"7d9fc70a2ce74b448a8a5ea953a5009d\" data-rm-shortcode-name=\"rebelmouse-image\" id=\"230d4\" loading=\"lazy\" src=\"https:\/\/nofilmschool.com\/media-library\/asa-butterfield-and-chloe-grace-moretz-sitting-together-in-a-movie-theater-in-hugo.jpg?id=67851391&amp;width=980\"> <small class=\"image-media media-caption\" placeholder=\"Add Photo Caption...\">\u2018Hugo\u2019 (2011)<\/small><small class=\"image-media media-photo-credit\" placeholder=\"Add Photo Credit...\">Credit: Paramount Pictures<\/small><\/p>\n<p>While it is harder to directly track how <em><em>Hugo<\/em><\/em> has been received by audiences, all signs point to it also becoming a respected entry in the director\u2019s canon, more or less instantly. In addition to earning a Rotten Tomatoes Popcornmeter score of 78% and an IMDb score of 7.5 out of 10, it is Martin Scorsese\u2019s 15th most popular movie on Letterboxd, ahead of established classics including <a href=\"https:\/\/nofilmschool.com\/the-aviator-skeleton-shot\" target=\"_self\"><em><u><em>The Aviator<\/em><\/u><\/em><\/a>, <a href=\"https:\/\/nofilmschool.com\/scorsese-three-budgets\" target=\"_self\"><em><u><em>Mean Streets<\/em><\/u><\/em><\/a>, and <a href=\"https:\/\/nofilmschool.com\/most-controversial-80s-movies\" target=\"_self\"><em><u><em>The Last Temptation of Christ<\/em><\/u><\/em><\/a>.<\/p>\n<h2><em><em>Hugo<\/em><\/em>\u2019s Performances Teach Some Important Lessons<\/h2>\n<p>First and foremost, the lesson that can be learned from <em><em>Hugo<\/em><\/em> is the fact that a movie\u2019s quality is never directly proportional to its box office performance. Sure, plenty of movies perform poorly at the box office because of bad word of mouth, but there are many factors that can go into a movie failing in theaters.<\/p>\n<p>In addition to budget, these mitigating factors can include theatrical competition (<em><em>Hugo<\/em><\/em> opened opposite <em><em>The Muppets<\/em><\/em>, just one week after the debuts of <em><em>The Twilight Saga: Breaking Dawn &#8211; Part 1<\/em><\/em> and <em><em>Happy Feet Two<\/em><\/em>), weather (a major blizzard struck a large portion of the U.S. earlier this year, putting a damper on new release movies like <em><em>Mercy<\/em><\/em>), current events (the 2001 Mariah Carey flop <em><em>Glitter<\/em><\/em> opened 10 days after 9\/11), and global catastrophes (the COVID-19 pandemic shutting down theaters worldwide caused many movies to join the list of the biggest bombs of all time, including <em><em>Mulan<\/em><\/em>, <em><em>Onward<\/em><\/em>, <a href=\"https:\/\/nofilmschool.com\/soul-character-depth\" target=\"_self\"><em><u><em>Soul<\/em><\/u><\/em><\/a>, and <em><em>Wonder Woman 1984<\/em><\/em>).<\/p>\n<p>However, those grim numbers don\u2019t in any way prevent <em><em>Hugo<\/em><\/em> from being an entertaining, well-crafted movie that won over both general audiences and the critical establishment.<\/p>\n<p class=\"shortcode-media shortcode-media-rebelmouse-image\"> <img decoding=\"async\" alt=\"Au0219a Butterfield messing with gears inside a clock in Hugo\" class=\"rm-shortcode\" data-rm-shortcode-id=\"60ed24fd7bd4bf2a702e0d57eb691812\" data-rm-shortcode-name=\"rebelmouse-image\" id=\"cd969\" loading=\"lazy\" src=\"https:\/\/nofilmschool.com\/media-library\/a-u0219a-butterfield-messing-with-gears-inside-a-clock-in-hugo.jpg?id=67851392&amp;width=980\"> <small class=\"image-media media-caption\" placeholder=\"Add Photo Caption...\">\u2018Hugo\u2019 (2011)<\/small><small class=\"image-media media-photo-credit\" placeholder=\"Add Photo Credit...\">Credit: Paramount Pictures<\/small><\/p>\n<p>Another lesson is that, if one\u2019s career is not as rock solid as Martin Scorsese&#8217;s (who was able to dig out of the <em><em>Hugo<\/em><\/em> hole quickly and follow it with the megahit <a href=\"https:\/\/nofilmschool.com\/lessons-the-wolf-of-wall-street\" target=\"_self\"><em><u><em>The Wolf of Wall Street<\/em><\/u><\/em><\/a> in 2013), it is important to make sure that a feature\u2019s budget matches its potential to connect with audiences. Even though <em><em>Hugo<\/em><\/em> is very well-loved, it was unlikely that its historical setting and focus on silent cinema were ever going to make it a smash-hit blockbuster, as those topics don\u2019t necessarily perform well with wide release audiences.<\/p>\n<p>So what are your thoughts on <em><em>Hugo<\/em><\/em> as a film, and are you surprised that it didn\u2019t perform better at the box office? Sound off in the comments below!<\/p>\n<\/div>\n<p>Author: Brennan Klein<br \/>\nThis article comes from <i>No Film School<\/i> and can be <a href=\"https:\/\/nofilmschool.com\/hugo-box-office-performance-oscar-wins-explained\" target=\"_blank\"><b>read on the original site.<\/b><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Martin Scorsese is one of the most widely beloved film directors of all time. The 16-time Oscar nominee (and one-time winner: Best Director for The&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_customify_content_layout":"","_customify_sidebar":"","_customify_page_header_display":"","_customify_disable_header":"","_customify_disable_header_top":"","_customify_disable_header_main":"","_customify_disable_header_bottom":"","_customify_disable_page_title":"","_customify_disable_content_vertical_padding":"","_customify_disable_footer_top":"","_customify_disable_footer_main":"","_customify_disable_footer_bottom":"","_customify_breadcrumb_display":"","_customify_header_transparent_display":"","footnotes":""},"categories":[35],"tags":[38,37,43,42,39,40,44,41,36],"class_list":["post-11842","post","type-post","status-publish","format-standard","hentry","category-video-news","tag-editing","tag-film","tag-guide","tag-info","tag-news","tag-tips","tag-topics","tag-tricks","tag-video"],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"Brokenmount","author_link":"https:\/\/www.brokenmount.com\/bm\/author\/sysop\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/www.brokenmount.com\/bm\/category\/video-news\/\" rel=\"category tag\">Video and Film News<\/a>","rttpg_excerpt":"Martin Scorsese is one of the most widely beloved film directors of all time. The 16-time Oscar nominee (and one-time winner: Best Director for The&hellip;","_links":{"self":[{"href":"https:\/\/www.brokenmount.com\/bm\/wp-json\/wp\/v2\/posts\/11842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brokenmount.com\/bm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brokenmount.com\/bm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brokenmount.com\/bm\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brokenmount.com\/bm\/wp-json\/wp\/v2\/comments?post=11842"}],"version-history":[{"count":0,"href":"https:\/\/www.brokenmount.com\/bm\/wp-json\/wp\/v2\/posts\/11842\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.brokenmount.com\/bm\/wp-json\/wp\/v2\/media?parent=11842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brokenmount.com\/bm\/wp-json\/wp\/v2\/categories?post=11842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brokenmount.com\/bm\/wp-json\/wp\/v2\/tags?post=11842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}