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Clint Eastwood's box-office day was made this past weekend. According to Boxofficemojo, his film Gran Torino, distributed by Time Warner (NYSE: TWX), was number one at domestic theaters. The film, which saw a much wider release this week, took in $29 million. That was $8 million more than the movie in second place, News Corp.'s (NYSE: NWS) Bride Wars, starring Kate Hudson and Anne Hathaway. Gran Torino has banked about $40 million at this point. Eastwood may be old, but he's still relevant. Good going, Dirty Harry.

As interesting as the above is, I'm actually more interested in the film in third place. And I'd be willing to bet that Lions Gate Entertainment (NYSE: LGF) shareholders are interested in it as well. That's because The Unborn, distributed by General Electric's (NYSE: GE) Universal, is a horror film that did much better than I expected. I heard bad word of mouth about the project, but it actually grossed more than $20 million. Lions Gate will be releasing My Bloody Valentine 3-D next weekend, and I think the performance of The Unborn may improve that film's chances.

Lions Gate, as we all know, is a studio that has a reputation for being an expert in targeting slick (as well as sick) slashers at young people. I want to see this remake, but I'm not interested in the whole 3-D aspect, I couldn't care less. I know, though, that perhaps the older teens will care. Still, I do hope the studio made sure that there's quality to back up the gimmick. If there isn't any, then it will quickly fade from the multiplex.


Continue reading Clint Eastwood shoots to the top of the box office

Clint Eastwood shoots to the top of the box office originally appeared on BloggingStocks on Mon, 12 Jan 2009 09:26:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Anne HathawayAnneHathawaybox officeBoxOfficeBride WarsBrideWarsClint EastwoodClintEastwoodGEGeneral ElectricGeneralElectricGran TorinoGranTorinohollywoodinithenewsJensen AcklesJensenAcklesKate HudsonKateHudsonLGFLions Gate EntertainmentLionsGateEntertainmentMarley and MeMarleyAndMeMy Bloody Valentine 3DMyBloodyValentine3dNews Corp.NewsCorp.NWSPaul Blart Mall CopPaulBlartMallCopSNESonyThe Curious Case of Benjamin ButtonThe UnbornTheCuriousCaseOfBenjaminButtonTheUnbornTime WarnerTimeWarnerTWXUniversalVIAViacomMon, 12 Jan 2009 09:26:00 EST<![CDATA['Fool's Gold' takes number-one spot at the box office]]>http://www.bloggingstocks.com/2008/02/11/fools-gold-takes-number-one-spot-at-the-box-office/http://www.bloggingstocks.com/2008/02/11/fools-gold-takes-number-one-spot-at-the-box-office/http://www.bloggingstocks.com/2008/02/11/fools-gold-takes-number-one-spot-at-the-box-office/#commentsFiled under: ,

Kate Hudson, star of Fool's GoldOn RottenTomatoes.com, recent Warner Brothers release Fool's Gold earns a rating of 10% (out of a possible 100%) and a consensus review: "Full of humorless gags, a predictable storyline and flat performances." Nearly 750 users of The Internet Movie Database give the stock a grade of 4.8 on a 1-10 scale.

And still, the romantic-adventure led by Matthew McConaughey and Kate Hudson (and featuring Malcolm-Jamal "Theo Huxtable" Warner) scored big at the box office, drawing nearly $22 million to nab the number-one spot for the typically slow weekend. With Valentine's Day on Thursday, the Time Warner (NYSE: TWX) unit is hoping Fool's Gold continues to lure couples into the theaters this upcoming weekend (unless they place a lot of weight in Internet reviewers).

Box-office expert Paul Dergarabedian told The Wall Street Journal that the release date is shrewd marketing indeed. "A great marketing campaign, two appealing stars, and reviews be damned... heading into Valentine's week, it's sort of a natural."

Elsewhere on the charts, Martin Lawrence vehicle Welcome Home Roscoe Jenkins opened at number 2, pulling in $17.1 million. In its second week, The Walt Disney Company (NYSE: DIS)'s Hannah Montana & Miley Cyrus: Best of Both Worlds Concert (phew) took in $10.5 million, moving into third place after topping the box-office charts last weekend.

And in case you missed it, The Hottie and the Nottie, starring Paris Hilton, was released in 111 theaters and earned an average of $225 per site, for a pitiful total draw of $25,000, according to estimates. Write your own joke here.

Beth Gaston Moon is an analyst at Schaeffer's Investment Research.

'Fool's Gold' takes number-one spot at the box office originally appeared on BloggingStocks on Mon, 11 Feb 2008 21:45:00 EST. Please see our terms for use of feeds.

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