News Corp.'s (NWS) Avatar is exploding like a blinding supernova at the box office. Although I have no interest in seeing it, I undoubtedly must be one of the only people on the planet who lacks the need to become immersed in the 3-D adventure. According to early estimates at Box Office Mojo, James Cameron's "titanic" cinematic beast scored another $68 million at domestic theaters over the New Year's weekend. Total so far: better than $350 million.

Time Warner's (TWX) take on a famous literary detective had to settle for second place yet again. Sherlock Holmes pulled in $38 million. Coming in third was the Alvin and the Chipmunks sequel, also released by News Corp. Indeed, there's no shortage of excitement at the multiplex.

Continue reading Should Studios Adopt the James Cameron Model of Moviemaking?

Should Studios Adopt the James Cameron Model of Moviemaking? originally appeared on BloggingStocks on Mon, 04 Jan 2010 11:00:00 EST. Please see our terms for use of feeds.

Shareholders of News Corp. (NWS) are probably happy this Monday as two of the company's films -- Avatar and Alvin and the Chipmunks: The Squeakquel -- did very well over the three-day holiday weekend.

James Cameron's Avatar topped the charts at domestic theaters, pulling in an estimated $75 million, according to Box Office Mojo. If the project can continue to attract moviegoers in large droves, as well as propagate a lot of repeat business, then it should break even before it hits other distribution channels.

Continue reading News Corp.'s 'Avatar' and 'Alvin and the Chipmunks' Had a Great Weekend

News Corp.'s 'Avatar' and 'Alvin and the Chipmunks' Had a Great Weekend originally appeared on BloggingStocks on Mon, 28 Dec 2009 10:50:00 EST. Please see our terms for use of feeds.

Continue reading Nicolas Cage helps give Disney a holiday present

Nicolas Cage helps give Disney a holiday present originally appeared on BloggingStocks on Mon, 24 Dec 2007 16:56:00 EST. Please see our terms for use of feeds.