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BUSINESS
November 24, 2009 | By Ben Fritz
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.
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BUSINESS
January 6, 2005 | By Joe Flint
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.
ENTERTAINMENT
June 7, 1994 | ROBERT W. WELKOS, TIMES STAFF WRITER
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)
ENTERTAINMENT
February 22, 2010 | Steven Zeitchik
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.
ENTERTAINMENT
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.
BUSINESS
April 22, 2010 | Jerry Hirsch
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.
BUSINESS
November 20, 2009 | By Ben Fritz
Edward and Bella are set to take the second-biggest bite of the year out of the box office. "The Twilight Saga: New Moon" will probably sell about $90 million worth of tickets this weekend in the U.S. and Canada and could exceed $100 million, according to surveys of potential filmgoers, making it the second-largest debut of the year behind "Transformers: Revenge of the Fallen," which collected $109 million its first weekend. The first "Twilight" movie opened to $69.6 million on the same weekend last year.
ENTERTAINMENT
May 10, 2010 | By Ben Fritz, Los Angeles Times
With audience interest already sky high and ads blanketing television and billboards, there was little doubt theaters would be packed for "Iron Man 2" when it arrived Friday. But the line between hit and potential mega-hit was crossed Saturday, when ticket sales declined a very modest 11%. That statistic, combined with an average grade of A from moviegoers, according to market research firm CinemaScore, means that word of mouth should be extremely strong. All told, "Iron Man 2" took in a hefty $133.
BUSINESS
August 24, 2009 | Ben Fritz
Amid questions about their company's financial viability, Bob and Harvey Weinstein showed that they still can do what they always have done best: sell a risky, independent drama. Quentin Tarantino's bloody World War II action film, "Inglourious Basterds," sold about $37.6 million worth of tickets in the U.S. and Canada this weekend, exceeding industry estimates based on pre-release polling. The weekend's other three new movies, meanwhile, showed little life at the domestic box office.
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