May 23rd, 2008 at 11:03 am
Cannes is ending with mixed results. Early market activity indicated how the French festival also wasn’t able to pull the market out of the slump. And now it seems like a classic case of bulls vs. bears. On the one side Variety is reporting ‘Cannes reels in deals,’ but on the other side there’s another piece saying ‘Cannes market signs caution tune.’ Conclusion: some deals, but the dead market isn’t showing much signs of life.
“Some big deals are going down today. But overall, feedback from the market is that it’s somewhat sober,” Cannes director Jerome Paillard said. As at the other festivals this year, everybody is still cautious. Nobody wants to buy another ‘Speed Racer.’ “Too much financing created an insane number of films and more for people to buy, but (ultimately) they pick and choose the movies they want to buy,” ICM exec Hal Sadoff said.
Continue reading False alarm: still SOME deals at Cannes
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Tags: cannes, cannes film festival, charlie kaufman, che, focus features, hal sadoff, icm, ifc, jerome duboz, jerome paillard, robert de niro, sony classics, speed racer, steven soderbergh, synecdoche new york, tribeca film festival, what just happened Posted in News |
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May 21st, 2008 at 9:15 pm
O, that’s going to hurt. But the box office drops actually weren’t that bad this week. Here are the numbers.
1. What Happens in Vegas
Saturday and Sunday: $9,292,335 million
Monday and Tuesday: $2,759,458 million
Drop: 70%
2. Iron Man
Saturday and Sunday: $23,179,757 million
Monday and Tuesday: $5,292,110 million
Drop: 77%
3. The Chronicles of Narnia: Prince Caspian
Saturday and Sunday: $35,637,062 million
Monday and Tuesday: $7,978,137 million
Drop: 78%
Continue reading The post-weekend box office drop
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Tags: ashton kutcher, box office, cameron diaz, indiana jones, iron man, made of honor, postweekend drop, prince caspian, speed racer, the chronicles of narnia, what happens in vegas Posted in Box Office, News |
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May 19th, 2008 at 10:00 am
 | | Since Disney didn’t release ‘The Chronicles of Narnia: Prince Caspian’ worldwide last weekend, ‘Iron Man’ stayed on top for another week. The speedy superhero made $25.6 million at over 5,000 screens, followed by ‘Prince Caspian’ with $20.7 million at about 2,000 screens. This translates in $5,120 per screen for ‘Iron Man,’ compared to $10,350 per screen for ‘Prince Caspian.’
Solid third was ‘What Happens in Vegas’ with another $20 million overseas. And as expected, ‘Speed Racer’ plunged to just $7 million at 4,700 screens.
‘The Chronicles of Narnia: Prince Caspian’ will be opening in overseas territories during the whole summer.
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