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GE's NBC Universal probably not laughing over opening of 'Funny People'

Funny People, distributed by General Electric's (NYSE: GE) Universal Studios, was the number one film this weekend. I don't know whether or not the critics liked it but, from a financial viewpoint, it failed.

According to Boxofficemojo, People grossed $23 million as of early estimates. Cool; that's enough money to beat Time Warner's (NYSE: TWX) incredibly competitive Harry Potter and the Half-Blood Prince, which came in second with $17 million. Disney's (NYSE: DIS) G-Force is also credited with roughly $17 million, and has been given third place for now (final numbers will solidify the rankings when they are made available).

Continue reading GE's NBC Universal probably not laughing over opening of 'Funny People'

Disney's new rodent stars challenge Time Warner's 'Potter'

Disney (NYSE: DIS) had something of a magical weekend at the domestic box office. The company's new film, G-Force, a 3D-powered property, grossed an estimated $32 million according to Boxofficemojo, good for first place. Believe it or not, that was enough to take out Time Warner's (NYSE: TWX) Harry Potter and the Half-Blood Prince, which dropped to second place (last weekend it debuted at number one, of course) with about $30 million.

These are estimated numbers at the time of this writing. When the final stats come out, it is conceivable that the rankings could change since we're talking about a difference of a mere $2 million. But I think they stand a good chance of staying the same.

Continue reading Disney's new rodent stars challenge Time Warner's 'Potter'

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