I read a surprising article over at Boxofficemojo by Brandon Gray. The author highlighted the foreign financial performance of News Corp.'s (NASDAQ: NWS) computer-animated cartoon Ice Age: Dawn of the Dinosaurs, the third entry in the popular franchise. Amazingly, Dinosaurs has now grossed $667 million at theaters outside the domestic market.

What's so interesting about that? Well, it means that the project now occupies third place on the all-time foreign chart. Gray says the number-one film on this chart is Titanic, which was a co-production between News Corp. and Viacom (NYSE: VIA). Coming in second is Time Warner's (NYSE: TWX) The Lord of the Rings: The Return of the King.

Continue reading News Corp.'s 'Ice Age' sequel proves Pixar isn't only game in town?

News Corp.'s 'Ice Age' sequel proves Pixar isn't only game in town? originally appeared on BloggingStocks on Fri, 18 Sep 2009 15:40:00 EST. Please see our terms for use of feeds.

According to Boxofficemojo, Bruno came out on top this past weekend at domestic theaters. It was expected. Since this is the follow-up to Sacha Baron Cohen's comedic phenomenon Borat, it was only natural for the rest of the competition to step aside and let the project through.

However, I have to wonder if General Electric (NYSE: GE) was truly happy with a $30 million estimated opening. Borat came out in November 2006. It opened with $26.5 million. I honestly thought Bruno would have debuted somewhere between $40 million and $50 million. Was that too high of a financial goal?

Continue reading 'Bruno' is number one -- but was the market expecting more?

'Bruno' is number one -- but was the market expecting more? originally appeared on BloggingStocks on Mon, 13 Jul 2009 08:30:00 EST. Please see our terms for use of feeds.

The domestic box-office estimates for the July 4th holiday weekend are in. According to Boxofficemojo, at the time of this writing, the results are too close to call. Both Viacom's (NYSE: VIA) Transformers: Revenge of the Fallen and News Corp.'s (NASDAQ: NWS) Ice Age: Dawn of the Dinosaurs are credited with the same amount of money: $42.5 million. Boxofficemojo is giving Dinosaurs the edge for now and calling it the top movie, presumably because the per-theater average for the computer cartoon is slightly higher.

I previously discussed News Corp.'s strong opening with Dinosaurs, but unfortunately, I'm not so sure the movie lived up to it. When the second Ice Age was released back in 2006, it scored $68 million in its three-day debut weekend. Dinosaurs didn't do as well, but let's take into account the film's Wednesday opening, and tally up the gross for the five-day period, since some of the excitement that might have been reserved for the weekend could have been spread over the mid-week showings. Even by that standard, as of the current estimate, Dinosaurs has taken in a little less than the second Ice Age.

Continue reading Were News Corp.'s 'Ice Age' sequel and GE's 'Public Enemies' disappointments?

Were News Corp.'s 'Ice Age' sequel and GE's 'Public Enemies' disappointments? originally appeared on BloggingStocks on Mon, 06 Jul 2009 09:10:00 EST. Please see our terms for use of feeds.

News Corp.'s (NASDAQ: NWS) new computer cartoon, Ice Age: Dawn of the Dinosaurs, had a strong domestic debut this past Wednesday. It opened with $13.8 million on that day, which represents a record-breaking performance for an animated feature released in the middle of the week. Now, just recently, I mentioned how I hate it when Hollywood promotes the breaking of a record. It tends to be very qualified. This situation is no different. Still, I'll give credit where credit is due. Dinosaurs is doing well so far.

We'll have to see how the weekend ultimately treats the new feature. The competition is stiff. It's the July 4th holiday, and Viacom (NYSE: VIA) is out there with Transformers: Revenge of the Fallen. Thankfully, News Corp. won't have too much to worry about from Disney's (NYSE: DIS) Pixar cartoon Up. As can be seen by a Boxofficemojo chart, the excitement surrounding Up has faded. News Corp. was naturally counting on this to happen by this point in time.

Continue reading 'Ice Age' sequel off to good start -- what does this say about Disney and Pixar?

'Ice Age' sequel off to good start -- what does this say about Disney and Pixar? originally appeared on BloggingStocks on Sat, 04 Jul 2009 12:00:00 EST. Please see our terms for use of feeds.