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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Sony shareholders scored last weekend with "Prom Night"]]></title><link>http://www.bloggingstocks.com/2008/04/14/sony-shareholders-scored-last-weekend-with-prom-night/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/04/14/sony-shareholders-scored-last-weekend-with-prom-night/</guid><comments>http://www.bloggingstocks.com/2008/04/14/sony-shareholders-scored-last-weekend-with-prom-night/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/ge/" rel="tag">General Electric (GE)</a>, <a href="http://www.bloggingstocks.com/category/via/" rel="tag">Viacom (VIA)</a>, <a href="http://www.bloggingstocks.com/category/sne/" rel="tag">Sony Corp ADR (SNE)</a>, <a href="http://www.bloggingstocks.com/category/nws/" rel="tag">News Corp'B' (NWS)</a>, <a href="http://www.bloggingstocks.com/category/film/" rel="tag">Film</a></p><p><img vspace="4" hspace="4" border="1" align="right" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/04/sne-sony-logo.jpg"  alt="" />According to early estimates at <a href="http://boxofficemojo.com/weekend/chart/">Boxofficemojo</a>, moviegoers were in the mood for a bloody slasher. <a href="http://finance.aol.com/quotes/sony-corporation/sne/nys">Sony</a>'s (NYSE: <a href="http://finance.aol.com/quotes/sony-corporation/sne/nys">SNE</a>) <em>Prom Night </em>came in at number one over the weekend at the domestic multiplex marketplace, with approximately $22.7 million in ticket grosses. Horror is back, baby, after the ruinous performance of <a href="http://finance.aol.com/quotes/viacom-inc-cl-a/via/nys">Viacom</a>'s (NYSE: <a href="http://finance.aol.com/quotes/viacom-inc-cl-a/via/nys">VIA</a><em>) The Ruins</em>. That film plunged to eighth place, and it has only taken in about $13 million so far after two full weekends on the silver screen -- as can be seen, the teen/college crowd responded much better to the slick marketing campaign behind <em>Prom Night</em> than it did to the one offered up in support of Viacom's project. </p>
<p><em>Street Kings </em>from <a href="http://finance.aol.com/quotes/news-corporation/nws/nys">News Corp.</a> (NYSE: <a href="http://finance.aol.com/quotes/news-corporation/nws/nys">NWS</a>) couldn't even come close to <em>Prom Night</em>, as it only did about $12 million -- that was good enough for second place, though. Sony's <em>21 </em>dropped to third place after two weekends at top, its total gross now standing at around $62 million. News Corp.'s<em> Nim's Island</em> was fourth, and George Clooney's <em>Leatherheads</em>, from <a href="http://finance.aol.com/quotes/general-electric-company/ge/nys">General Electric</a>'s (NYSE: <a href="http://finance.aol.com/quotes/general-electric-company/ge/nys">GE</a>) Universal asset, is right now in fifth place with $6.2 million. <em>Dr. Seuss' Horton Hears a Who!</em>, the number-six film, was credited with a similar amount, so it might end up changing places with Clooney's unfortunate not-blockbuster. </p>
<p>Sony had a pretty good weekend between <em>Prom Night </em>and <em>21</em>. I can see how the younger crowds reacted in a positive manner to the horror piece -- we are pretty much in the season, after all, when high-school kids across the land are preparing for the popular cultural rite. Plus, there is some significant brand equity to the title -- Jamie Lee Curtis starred in the classic 1980 film with the same name (to the best of my knowledge, this is not a remake of that cinematic icon). Sony's challenge now is to keep the momentum going and get this thing as close to $100 million as possible -- I don't think the century mark is 100% doable in this case, but approaching it will ensure that a new franchise is born. Who knows, maybe we'll see <em>a Prom Night</em> video game on the PlayStation 3.</p>
<p><em>Disclosure: I own shares of General Electric; positions can change at any time.</em> </p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/04/14/sony-shareholders-scored-last-weekend-with-prom-night/">Sony shareholders scored last weekend with "Prom Night"</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Mon, 14 Apr 2008 15:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://boxofficemojo.com/weekend/chart/>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/04/14/sony-shareholders-scored-last-weekend-with-prom-night/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1166126/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/04/14/sony-shareholders-scored-last-weekend-with-prom-night/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>21</category><category>Dr. Seuss Horton Hears a Who</category><category>Dr.SeussHortonHearsAWho</category><category>GE</category><category>George Clooney</category><category>GeorgeClooney</category><category>inthenews</category><category>Jamie Lee Curtis</category><category>JamieLeeCurtis</category><category>Leatherheads</category><category>Nims Island</category><category>NimsIsland</category><category>NWS</category><category>Prom Night</category><category>PromNight</category><category>SNE</category><category>Sony</category><category>Street Kings</category><category>StreetKings</category><category>VIA</category><dc:creator><![CDATA[Steven Mallas]]></dc:creator><pubDate>Mon, 14 Apr 2008 15:30:00 EST</pubDate></item><item><title><![CDATA[George Clooney's 'Leatherheads' tackled by '21']]></title><link>http://www.bloggingstocks.com/2008/04/07/george-clooney-tackled-by-21/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/04/07/george-clooney-tackled-by-21/</guid><comments>http://www.bloggingstocks.com/2008/04/07/george-clooney-tackled-by-21/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/ge/" rel="tag">General Electric (GE)</a>, <a href="http://www.bloggingstocks.com/category/via/" rel="tag">Viacom (VIA)</a>, <a href="http://www.bloggingstocks.com/category/sne/" rel="tag">Sony Corp ADR (SNE)</a>, <a href="http://www.bloggingstocks.com/category/nws/" rel="tag">News Corp'B' (NWS)</a>, <a href="http://www.bloggingstocks.com/category/film/" rel="tag">Film</a></p><p>According to <a href="http://boxofficemojo.com/weekend/chart/">Boxofficemojo</a>, <a href="http://finance.aol.com/quotes/sony-corporation/sne/nys">Sony</a> (NYSE: <a href="http://finance.aol.com/quotes/sony-corporation/sne/nys">SNE</a>)'s <em>21 </em>movie was number one over this past weekend at the domestic marketplace, taking in an estimated $15 million. This number may change once the final data comes in, but its worth noting that <em>21 </em>is doing well for Sony's studio -- the casino movie's total gross so far is around $46 million, and if the numbers hold, this will be the second weekend in the top spot for the picture.</p>
<p>A movie that had a lot of buzz, George Clooney's period-sports comedy <em>Leatherheads</em>, came in second (maybe; I'll get to this in a sec) with $13.5 million. It's distributed by <a href="http://finance.aol.com/quotes/general-electric-company/ge/nys">General Electric</a> (NYSE: <a href="http://finance.aol.com/quotes/general-electric-company/ge/nys">GE</a>)'s Universal asset, and I have to say that it didn't feel like the movie would top the charts. Nevertheless, it came pretty close, and I have to admit that I thought it was going to totally bomb: didn't look interesting, didn't look like the kind of idea that I'd allocate capital toward, and its marketing campaign didn't seem too thrilling. But since George Clooney was attached to it, I'm sure studio execs were extremely confident. Maybe a fall release would have been better for this one.</p>
<p>And then we have <a href="http://finance.aol.com/quotes/news-corporation/nws/nys">News Corp.</a> (NYSE: <a href="http://finance.aol.com/quotes/news-corporation/nws/nys">NWS</a>)'s Fox, which was perhaps disappointed on the one hand and happy on the other. <em>Nim's Island </em>came in third, and third is almost always a glum spot for a debut rank. But Fox's <em>Dr. Seuss' Horton Hears a Who!</em>, which is still kicking in fourth place, has now grossed approximately $131 million after four weekends. Fox is certainly pleased with that one. I don't know when the company plans on releasing the DVD, but this box-office performance would seem to portend a brisk-selling DVD during the holiday season. However<em>, Nim's Island</em> is estimated right now to have grossed $13.3 million. When the hard stats are in, it could easily displace <em>Leatherheads </em>and take second best for the weekend. Poor George Clooney. </p><p><a href="http://www.bloggingstocks.com/2008/04/07/george-clooney-tackled-by-21/" rel="bookmark">Continue reading <em>George Clooney's 'Leatherheads' tackled by '21'</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/04/07/george-clooney-tackled-by-21/">George Clooney's 'Leatherheads' tackled by '21'</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Mon, 07 Apr 2008 09:45:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.bloggingstocks.com/2008/04/07/george-clooney-tackled-by-21/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1159881/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/04/07/george-clooney-tackled-by-21/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>21</category><category>box office industry</category><category>BoxOfficeIndustry</category><category>Dr Seuss Horton Hears A Who</category><category>DrSeussHortonHearsAWho</category><category>GE</category><category>George Clooney</category><category>GeorgeClooney</category><category>inthenews</category><category>Leatherheads</category><category>Nims Island</category><category>NimsIsland</category><category>NWS</category><category>SNE</category><category>The Ruins</category><category>TheRuins</category><category>VIA</category><dc:creator><![CDATA[Steven Mallas]]></dc:creator><pubDate>Mon, 07 Apr 2008 09:45:00 EST</pubDate></item></channel></rss>
