Francis Ford Coppola is facing financial struggles after his 2024 film Megalopolis underperformed at the box office. The director had to fork over $100 million of his own money for production and release, but the movie grossed only $14.4 million – roughly the same as a French biopic about Charles Aznavour that was released the same year but four times cheaper.
Coppola's financial woes are now being alleviated by a rather unusual means: selling one of his prized watches, designed by FP Journe. The watch, known as FFC, is an expensive timepiece with a unique feature – an armored hand in the middle of the face that moves to display the time, effectively reinventing the way we tell time.
The fact that Coppola's watch is highly valuable adds another layer to its appeal. A prototype sold at auction in 2021 for nearly $3 million, and the latest version is expected to fetch around seven figures. What makes this watch so alluring? It seems Coppola has taken his passion project – which was already questionable by many – and turned it into an art piece that transcends time itself.
However, while the FFC might become a treasured possession for its buyer, it's essential to remember that Megalopolis remains a costly failure. The film cost Coppola millions of dollars in production and marketing, but only broke even after 82 seconds of runtime. So, how will he recoup his losses? Coppola is selling some of his other watches at lower prices, but the FFC is expected to bring him a much-needed financial boost.
As the article concludes, Francis Ford Coppola has never been one to shy away from taking risks and pouring money into ambitious projects that might not always pay off. At 86 years old, he's still riding out his losses with the same swagger and confidence that have defined his career. Whether Megalopolis marks the end of an era or just another chapter in Coppola's long history of artistic risk-taking remains to be seen – but one thing is certain: Francis Ford Coppola will always find a way to make it work, even if it means selling a few million-dollar timepieces along the way.
Coppola's financial woes are now being alleviated by a rather unusual means: selling one of his prized watches, designed by FP Journe. The watch, known as FFC, is an expensive timepiece with a unique feature – an armored hand in the middle of the face that moves to display the time, effectively reinventing the way we tell time.
The fact that Coppola's watch is highly valuable adds another layer to its appeal. A prototype sold at auction in 2021 for nearly $3 million, and the latest version is expected to fetch around seven figures. What makes this watch so alluring? It seems Coppola has taken his passion project – which was already questionable by many – and turned it into an art piece that transcends time itself.
However, while the FFC might become a treasured possession for its buyer, it's essential to remember that Megalopolis remains a costly failure. The film cost Coppola millions of dollars in production and marketing, but only broke even after 82 seconds of runtime. So, how will he recoup his losses? Coppola is selling some of his other watches at lower prices, but the FFC is expected to bring him a much-needed financial boost.
As the article concludes, Francis Ford Coppola has never been one to shy away from taking risks and pouring money into ambitious projects that might not always pay off. At 86 years old, he's still riding out his losses with the same swagger and confidence that have defined his career. Whether Megalopolis marks the end of an era or just another chapter in Coppola's long history of artistic risk-taking remains to be seen – but one thing is certain: Francis Ford Coppola will always find a way to make it work, even if it means selling a few million-dollar timepieces along the way.