BPS 085: From Legendary Flop to a Moneymaking Machine with Waterworld's Peter Rader

Today on the show we have the writer and creator of the legendary
film Waterworld Peter Rader. I wanted to bring Peter on the show to
discuss what it was like to be a part of one of the biggest budget
films in Hollywood history at the time.

For those of you who may not know Waterworld was considered one of
the biggest box-office flops in history. The production was plagued
with production issues, the script was re-written too many times to
count and the budget soars from $100 million to $172 million. The
film was a punching bag for the press. Waterworld ended up making
$265 million at the box office. That with the revenue generated
over the years from television rights, VHS, DVD, special editions
Blu-rays the film turned out to be one of the most valuable films
in the Universal library.

Where the money machine really gets turned on is from the
Waterworld: A Live Sea Stunt Spectacular attraction at Universal
Studios Hollywood. The show has been a mainstay at the park for
over 20 years, replacing the Miami Vice Stunt Show. The attraction
has also been duplicated four other times around the world
including Universal Studios Japan and Singapore and has generated
Universal hundreds of millions of dollars over the years.

Peter Rader has worked as a film and television writer for 20
years. He has developed numerous projects for other studios, and
industry leaders such as Steven Spielberg, Dino De Laurentiis, and
John Davis.

He has worked as a cinematographer, editor, and producer on a
number of award-winning documentary projects, including AWAKE:
The Life of Yogananda, which THE GUARDIAN dubbed the Indie sleeper
hit of 2014, following its extensive worldwide theatrical
run.

Peter was raw and candid with me about his amazing journey with
Waterworld, which is celebrating its 25-year anniversary this year,
and his other Hollywood adventures. Enjoy my eye-opening
conversation with Peter Rader.

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