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Disney's 'Race to Witch Mountain' loses its magic

Last week at this time, I was reporting on the success of Disney's (NYSE: DIS) Race to Witch Mountain, starring Dwayne Johnson, an actor who used to be a full-time grappler known as The Rock for World Wrestling Entertainment (NYSE: WWE). The film opened in the number-one position, taking in $24.4 million.

Well, I'm sorry to say now that the project might not have the best legs in the business. It dropped to fourth place this time around after grossing an amount that, as of early estimates, is over 46% less than what it grossed in its debut weekend.

Continue reading Disney's 'Race to Witch Mountain' loses its magic

Time Warner's 'Watchmen' takes over the box office while Jonas Brothers tank

Time Warner (NYSE: TWX) won the box-office battle this past weekend. I have no idea what Watchmen is all about, except that there's a collection of superheroes and some sort of mutant blue dude in it, but I do know that it grossed around $55 million at domestic theaters, according to early estimates at Boxofficemojo.

For a rated-R mainstream pic that is over two and a half hours long, that isn't too bad. If it had been shorter and a little more open to younger demographics with a PG-13 rating, it probably would have taken in even more revenue. Come on, guys, think next time! Go for profit maximization.

Continue reading Time Warner's 'Watchmen' takes over the box office while Jonas Brothers tank

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