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'Bangkok Dangerous' roars over the weekend for Lions Gate

According to Boxofficemojo.com, the fight for top dog at the domestic multiplex is a close one. Both Bangkok Dangerous, from Lions Gate Entertainment (NYSE: LGF), and Tropic Thunder, from Viacom (NYSE: VIA), have almost the same statistic. Bangkok is estimated to have taken in $7.8 million, while Thunder has approximately $7.5 million to its credit. It will be interesting to see who ultimately takes the honors, but I can tell you that from my perspective, it wasn't a great weekend for Lions Gate shareholders.

The reason I say this is because I thought Nicolas Cage would have brought in more moviegoers. The marketing campaign seemed to predict an opening of well over $10 million. Heck, I would have preferred $20 million considering that the budget on the picture has been reported to be about $45 million. But I must remember that we are no longer in the competitive, fast marketplace of summer. The month of September is certainly more mellow, although that doesn't mean that it can't have a breakout hit.

Sony (NYSE: SNE) came in third with House Bunny, and Time Warner (NYSE: TWX) continues to add to its Dark Knight treasure chest at position number four. Batman now has over $512 million to his domestic credit. Imagine all the upgrades to the Batcave that such an amount of money could finance!

Continue reading 'Bangkok Dangerous' roars over the weekend for Lions Gate

'The Dark Knight' drops as 'Tropic Thunder' stays on top

According to Boxofficemojo.com, last weekend's top film, Viacom's (NYSE: VIA) Tropic Thunder, retained its number-one status over the past three days. It is estimated to have grossed $16 million at domestic theaters as of this writing. Of course, things could change, since the film currently in second place, Sony's (NYSE: SNE) The House Bunny, is only about a million dollars behind the Ben Stiller comedy. I have a feeling, though, that Thunder will keep its top spot. It seems to have some decent momentum behind it.

Death Race, released by General Electric's (NYSE: GE) Universal, came in third with about $12 million. Not too exciting of a debut. This is the kind of the film that ideally should have come out at the beginning of the summer box-office season. Since I haven't seen it, I can't say whether it would have been appropriate to have released it at that time (i.e., maybe it didn't come out that great and needed to be dumped in the latter days of August).

Dropping two places to number four is everybody's favorite superhero these days, Time Warner's (NYSE: TWX) The Dark Knight. The movie has roughly $489 million in total to its credit. It won't reach the heights of Titanic, but it will pass $500 million. Not too shabby for the Bat. I'm sure the studio division at Time Warner is working overdrive right now to construct a competent, cohesive marketing campaign to ensure that the home-video release adequately takes advantage of the incredible theatrical success that Knight has generated. They really have a big property on their hands with this one.

Continue reading 'The Dark Knight' drops as 'Tropic Thunder' stays on top

Ben Stiller finally bests Batman

Has Viacom's (NYSE: VIA) Tropic Thunder succeeded where the Joker has failed? Has the film beaten Time Warner's (NYSE: TWX) The Dark Knight? According to early estimates at Boxofficemojo, it has. Can you believe it? Tropic Thunder, which stars Ben Stiller, right now has $26 million to its credit, enough to capture the top spot. That number will change most likely when final tallies are in, but it doesn't matter, since The Dark Knight is believed to have taken in a little under $17 million over the three-day weekend at domestic multiplexes, giving it a second-place finish. This is good news for shareholders of Viacom, who have so far been pretty happy with the studio's successful summer output. Box-office hits like Indiana Jones and the Kingdom of the Crystal Skull and Marvel's (NYSE: MVL) Iron Man have powered the media company.

Now, Time Warner's new animated flick, Star Wars: The Clone Wars, actually did worse than I expected. It came in third with $15 million. I admit, I totally misread this one. Believe it or not, I thought the film might do a huge number, like between $40 million and $50 million. I'm not sure the box-office dynamics at this time of year would have supported a statistic like that for this kind of film. And I guess I overestimated the number of geeks out there who were waiting to see it during the first weekend out. I really blew it on that one. News Corp.'s (NYSE: NWS) horror flick Mirrors came in fourth place, while Pineapple Express, distributed by Sony (NYSE: SNE), came in fifth. I saw Express last week. Cool movie.


Continue reading Ben Stiller finally bests Batman

'Iron Man' vs. 'Indy': Preview of potential summer blockbusters

Since last year's summer movie preview featured mostly sequels and adaptations, this year's preview has been expanded to include more than just potential "blockbusters." The following is a chronological list of not only the most hyped film fare of the summer, but other noteworthy smaller entries, and a short commentary on each.

Robert Downey in Paramount Pictures Iron Man

5/2 - Iron Man, Viacom (NYSE: VIA)'s Paramount Pictures

The first of two big Marvel Entertainment (NYSE: MVL) adaptations of the summer, the Robert Downey Jr. led Iron Man has been getting a ton of hype and critical acclaim. This is the second year that a comic book adaptation has kicked off the summer, following last year's Spider-Man 3, which grossed over $150M over its opening weekend.

5/9 - Speed Racer, Time Warner (NYSE: TWX)'s Warner Bros.
Another big-budget adaptation of a generations-old cartoon. Last year's Transformers was, to my surprise, a huge success, so maybe Speed Racer, in the capable directing hands of the Wachowskis, can be as well.

Continue reading 'Iron Man' vs. 'Indy': Preview of potential summer blockbusters

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