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This was a big weekend for me. Jonas Brothers: The 3D Concert Experience was released in over 1,200 theaters. No, I had no plans to see the movie at my local IMAX (NASDAQ: IMAX) auditorium. The reason I was so excited is because I own shares of Disney (NYSE: DIS). And I was praying that the film would firmly cement the Jonas Brothers in the collective consciousness of tweens across the globe.
Unfortunately, that didn't happen. In fact, the Jonas movie failed at the domestic box office. Don't even try to spin it. According to Boxofficemojo, the film came in second place with a little under $13 million (keep in mind I am working off estimates, final figures will be released later). Lions Gate Entertainment's (NYSE: LGF) latest Tyler Perry project, Madea Goes to Jail, was number one again for the second week in a row, grossing about $16 million. This is really, really disappointing.
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