Sensing a huge hit from industry buzz, MGM offered to buy the film outright from R.K.O. for $1.072 million (approximately $400,000 over its negative cost), figuring the little studio was reeling from losing $10 million plus in 1932. R.K.O. was smart to decline the offer. The film smashed attendance records nationwide, and ended up grossing $1.761 million during its initial release. R.K.O. would periodically, and extremely profitably, re-release the movie through the 1950s.

Film

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