November 4, 2009 |
Cost cutting, coupled with stronger results from Paramount Pictures, paid off in the third quarter as Viacom Inc. posted a 15% jump in profit despite lower advertising and home video sales. Credit "Transformers: Revenge of the Fallen" and "G.I. Joe: The Rise of Cobra" for helping to improve the company's financial picture, along with pay-TV operators who shelled out more money to carry Viacom's channels, including MTV, VH-1, Nickelodeon, BET and Comedy Central. For the quarter ended Sept.
September 14, 2009 |
In a year when movies led by Will Ferrell, Julia Roberts, Russell Crowe, Jack Black and Adam Sandler have all foundered at the box office, Hollywood got a dose of reliable star power this weekend. Tyler Perry's "I Can Do Bad All by Myself" sold a studio-estimated $24 million worth of tickets in the U.S. and Canada this weekend, making it the seventh consecutive low-cost movie that the actor-writer-director has opened successfully for Lions Gate Entertainment since early 2006. Focus Features' quirky animated film "9" got off to a healthy start, meanwhile, while thriller "Whiteout" and horror film "Sorority Row" both opened poorly.
November 24, 2009 |
Summit Entertainment's estimates of how many filmgoers outside North America saw "The Twilight Saga: New Moon" was low. Way low. After more information rolled in from overseas markets, the independent studio updated its estimate of ticket sales in the 24 countries where its blockbuster vampire movie played over the weekend. Its new opening weekend overseas total, $132.1 million, is $14 million, or 12%, higher than its estimate Sunday morning of $118.1 million. Combined with the newly updated domestic total of $142.
August 21, 2009 |
Weinstein Co. might be getting some much-needed good news this weekend. The financially beleaguered independent movie studio opens Quentin Tarantino's World War II action film "Inglourious Basterds" today and all indications are that it will have a solid and potentially very strong opening. It's the first major release for Weinstein Co., which is attempting to strip away its widespread media interests and focus on movies and television. According to people with access to pre-release audience polling, "Basterds" should sell more than $25 million worth of tickets in the U.S. and Canada this weekend and could very well top $30 million.
January 6, 2005 |
Even the Maya would have struggled to forecast an opening weekend this big. Sony Pictures' "2012," the latest end-of-the-world epic from disaster director Roland Emmerich, took in $65 million in the U.S. and Canada and an earth-shattering $160 million elsewhere for a worldwide weekend total of $225 million. The 162-minute thriller, based on a purported Maya prophecy that the world will end Dec. 21, 2012, will easily make back its production and marketing costs for Sony long before that date rolls around.
June 7, 1994 |
He was one of the biggest movie stars of the 1980s. His dozen films have grossed $1.09 billion at the domestic box office. With his mischievous smile and knowing twinkle in his eyes, he was a key ingredient--along with Harrison Ford and "Star Trek"--that year after year filled the coffers at Paramount Pictures. His mere name was a franchise. But with the release of his latest film, "Beverly Hills Cop III," Eddie Murphy is still looking for his next blockbuster. Murphy, who commands $12 million a picture ($15 million for sequels)
February 22, 2010 |
Martin Scorsese, Leonardo DiCaprio and a set of gothic thrills proved to be a huge draw at the box office this weekend, as "Shutter Island," Paramount's psychological thriller based on Dennis Lehane's bestselling novel, earned $40.2 million domestically, according to the studio. The number is the best-ever opening for director Scorsese and star DiCaprio, the latter of whom had reached the $30-million mark only once (with "Catch Me If You Can," more than seven years ago). Many box-office experts had predicted an opening in the low-mid $30s, with any gross over $35 million considered a notable success.
April 5, 2010
Perry wedded to success Tyler Perry is doing just fine without 3-D, thank you. The writer, director and producer's latest effort, "Why Did I Get Married Too?," took in a most impressive $30.1 million in its first weekend. The sequel to his 2007 hit "Why Did I Get Married?" not only beat the opening of that movie by almost $10 million, but it was also Perry's biggest start for a movie that didn't feature his Madea character. With nine hits in the last five years, none of this should come as a surprise.
April 22, 2010 |
Although Chrysler Group lost $3.8 billion since emerging from bankruptcy in June, its financial performance is exceeding the expectations of many analysts who see hopeful signs that the automaker may be on the road to recovery. During the first quarter, the automaker trimmed its losses to $197 million and managed to scratch out an operating profit of $143 million, Chrysler said Wednesday. "Profitability is significantly better than we appreciated," said Max Warburton, an analyst with Sanford C. Bernstein in England.