The Towering Inferno domestic rentals of $48,838,000. In January 1976, it was claimed that the film had attained the highest foreign film rental for any film in its initial release with $43 million. When combined with the rentals from the United States and Canada, the worldwide rental is $91,838,000. The film grossed $116 million, and when combined with the foreign film rentals, the worldwide gross is in the region of $200 million. The Towering Inferno The Towering Inferno is a 1974 American drama disaster film produced by Irwin Allen featuring an all-star cast led by Paul Newman and Steve McQueen. The picture was
The Towering Inferno spent $300,000 to obtain the rights to Scortia's "The Glass Inferno". Irwin Allen realized that two films about a tall building on fire would cannibalize each other (as actually happened a couple decades later in the case of the two films about active volcanoes, released nearly simultaneously, "Volcano" (released by Fox) and "Dante's Peak" (released by Universal)), convinced executives at both studios to join forces to make a single film on the subject. The studios issued a joint press release announcing the single film collaboration in October, 1973. The total cost for the film was US$14,300,000. The two studios agreed