Phantom

Website Box Office Flops, which is "A Database Of Films That Failed At The Box Office", says of this movie: "RCR Media financed Phantom for $18 million and K5 Intl. sold foreign territories, which wasn't more than a handful of them. The submarine thriller staring Ed Harris and David Duchovny grossed just over $100k outside of the US. RCR originally tapped Sony to distribute the pic's domestic release, but RCR Media ended up self distributing Phantom in the US and went big with a 1,118 screen release - which opened to a disastrous $508,000, posting one of the worst per screen averages of all time at $454 for the weekend - placing far outside the top 10 at #23. Phantom's theater count was reduced to 407 in its second weekend and posted an 88% decline in its second weekend with a $61,050 weekend and ended its run after just three weeks with $1,034,589. Self distributing would see RCR receive a small percentage of the gross from theater chains (Regal Cinema pays out only 34% to independent labels) and they would see back about $400k, which would barely put a dent in the modest marketing spend. Phantom went straight to video in most major markets, including the UK, Germany, Italy and Australia."

The merchant vessel under which they position the sub is clearly identifiable as an auto carrier in both surface and periscope shots, but the captain identifies it as a tanker.

Featured in The Tonight Show with Jay Leno: Episode #21.103 (2013)