When it comes to effectively marketing a movie, it’s hard to do better than the Academy Award for Best Picture.
Driving Miss Daisy sold a respectable number of tickets in general release, but when it won the Oscar for Best Picture of 1989, its box office receipts jumped by almost 30%. However, while it’s true that no Oscar winner for Best Picture has ever lost money, there are some movies that even Hollywood’s most coveted award can’t turn into blockbusters, and others that have won the award and barely broke even.
Click ahead to see our list of the 15 lowest-grossing Oscar winners of all time, according to BoxOfficeMojo.com.
By Daniel Bukszpan, Special to CNBC.com
Posted 24 Feb 2011