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The thesis

The grindhouse is the
best business in film.

For 70 years, exploitation, blaxploitation, biker, kung fu, slasher and giallo have quietly outperformed every other corner of cinema on a return-per-dollar basis. Cheap to make, easy to market, and impossible to kill. This page is the receipts.

01 — The numbers

The returns are not normal.

Eight grindhouse era and grindhouse spirited films, eight extraordinary outcomes. None required a tentpole budget. None required a movie star. All required taste.

Film
Gross
ROI
Night of the Living Dead (1968)
$30M
263×
The Texas Chain Saw Massacre (1974)
$30M
214×
Mad Max (1979)
$100M
250×
Halloween (1978)
$70M
215×
El Mariachi (1992)
$2M
285×
The Blair Witch Project (1999)
$248M
4,100×
Paranormal Activity (2007)
$194M
12,900×
Terrifier 2 (2022)
$15M
60×

Box office figures from public sources. ROI is gross-to-budget multiple, not net to investors after distribution waterfall.

02 — Why it works

Four structural advantages.

Low budgets, low break-evens

A grindhouse-style picture at $1–2M can clear its nut on a single weekend. A $200M tentpole has to be a global event. The math favors small, stylish and strange.

The most loyal audience in cinema

Grindhouse fans show up — for Pam Grier retrospectives, Argento giallos, Sonny Chiba karate marathons, Bronson revenge double-bills. They program double-bills, they cosplay, they tell their friends. Genre loyalty outlasts every algorithm.

Theatrical and event resilience

In a streaming-collapsed market, slasher, blaxploitation and giallo revivals still pull people off the couch. They play best in the dark with strangers — that's the whole point.

Franchise upside without a writers' room

Mad Max became a saga. The Living Dead became a universe. Tremors, Re-Animator, Phantasm — every breakout is a potential franchise without a committee in the way.

03 — Why now

The supply-side gap is wide open.

The mid-budget studios collapsed into Marvel-or-nothing. Streamers are contracting. A generation of filmmakers raised on Argento, Carpenter, Hill, Fulci and Bava is showing up with festival-vetted scripts and nowhere to take them.

At the same time, the audience has never been larger or more online. Letterboxd's most active communities orbit cult and genre cinema. Trailers From Hell, Grindhouse Asylum and Famous Monsters of Filmland anchor a fandom that buys 4K restorations, vinyl scores and limited-edition slipcases on sight.

Planet Grindhouse exists in the gap between the filmmakers who can deliver and the audience starving for what they make. We capitalize the gap.

Want the deeper numbers?

Kenneth has the full thesis deck.

Ask for the long-form investor memo, the comp set, and the recoupment models behind every claim on this page.

Grindhouse Classics
Fractional equity from $25 · Slate opens Spring 2027
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