LAT: Deep pockets fuel his Hollywood crusade
Tax-free donations from his parents' Trinity Broadcasting Network fund Matthew Crouch's religion-themed movies.
By William Lobdell and Stuart Pfeifer, Times Staff Writers
October 23, 2006
At the recent premiere of "One Night With the King" in Westwood, movie producer Matthew Crouch took a few moments to offer thanks.
"You know what I feel like would be an awesome thing to do right now?" Crouch said during a live broadcast of the opening festivities on "Praise the Lord" on the Trinity Broadcasting Network. "To thank my sweet little mom and dad, Paul and Jan Crouch."...His televangelist parents have authorized more than $32 million in tax-free donor money for the funding of three of his movies, TBN officials say. In addition, $16 million was given to a ministry that funded "One Night."
The movie, which opened Oct. 13 on about 900 screens, took in $4.3 million at the box office on its first weekend, ninth among films in release. Over this last weekend, it dropped to 14th place, taking in $2.2 million. With sumptuous costumes, location shooting in India and cameos by Peter O'Toole and Omar Sharif — their first pairing since "Lawrence of Arabia" — "One Night" tells the biblical story of Esther, who helped save the Jews from extermination in ancient Persia.
Matthew Crouch, 44, could use a box-office hit. Of his first three movies, none has turned a profit, although his 1999 movie, an apocalyptic thriller called "The Omega Code," is credited by some for showing Hollywood the potential of Christian-themed films, leading to such hits as "The Chronicles of Narnia: The Lion, the Witch and the Wardrobe" and "The Passion of the Christ." Crouch's small, publicly traded company is struggling, having lost nearly $3.7 million last year, according to filings with the Securities and Exchange Commission.
Even so, Crouch's ties to his parents' cash-rich ministry — which operates the world's largest religious broadcasting company — may help explain why he never had to take a vow of poverty. He owns a Hollywood Hills mansion. He and his wife, Laurie, have eight vehicles, including a $240,000 Bentley Arnage....
http://www.latimes.com/entertainment/news/cl-et-crouch23oct23,0,3865884,full.story