Despite what Variety‘s Brent Lang claimed yesterday, Andy Muschietti‘s It is not the highest-grossing horror film of all time, and it sure as hell hasn’t out-grossed William Friedkin‘s The Exorcist.
Lang wrote that if you bypass inflationary calculus, It‘s domestic gross of $236.3 million tops The Exorcist‘s domestic tally of $232.9 million and is therefore, narrowly defined, the all-time champ. Except you have to apply inflationary calculus, and with an inflation rate of 453% having occured between 1973 and today…well, figure it out.

If you toss out Lang’s Exorcist tally of nearly $233 million and concentrate solely on theatrical revenues from the original ’73 and ’74 run, the domestic Exorcist gross was $193 million. In 2017 dollars that’s $1,067,233,490, or $67 million north of $1 billion. It‘s drawing power is far from spent, but right now The Exorcist‘s ’70s tally is over four times higher than It‘s current gross.
The most accurate measure of the popularity of any film is, of course, admissions. I haven’t time to research those statistics right now (have to catch a noon train back to NYC) but perhaps the readership can dig into it in the meantime.
There’s also the indisputable fact that It sucks and The Exorcist is a masterpiece, at least by the relative standards and criteria of the horror genre. 44 years ago it was regarded by critics as a piece of brutal, assaultive manipulation, but on a contemporary side-by-side basis it’s obvious that Friedkin’s film is head and shoulders above the chain-jerk, shock-and-boo tactics of It.