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Lionsgate and Tyler Perry triumphant at the box office

It was a big weekend for Lionsgate (NYSE: LGF). The company had a Tyler Perry picture in the multiplex marketplace. As shareholders know, the talented writer/producer/director has a lot of brand equity with moviegoers. About a year ago, Lionsgate was doing relatively well with Tyler Perry's The Family That Preys. That project opened in second place.

This year, Perry has done even better. Tyler Perry's I Can Do Bad All By Myself debuted in the top spot at domestic theaters as of early estimates at Boxofficemojo. Its three-day gross was roughly $24 million. It had some stiff competition. Coming in second was the animated sci-fi piece 9 from Focus Features, which is owned by General Electric's (NYSE: GE) NBC Universal. Inglourious Basterds, distributed by The Weinsten Company, was third (the Quentin Tarantino flick has now gone beyond $100 million in total gross). News Corp.'s (NYSE: NWS) All About Steve came in at number four. Time Warner's (NYSE: TWX) The Final Destination appears to be losing steam, as it dropped to the fifth slot on the chart.

Speaking of horror, Sorority Row from Summit Entertainment came in sixth. I thought this movie was going to rank much higher, but I was wrong. The marketing campaign looked good to me, but it apparently didn't fully resonate with the intended audience (perhaps a large amount of that audience decided to opt for Destination instead).

Continue reading Lionsgate and Tyler Perry triumphant at the box office

Time Warner and Death rule box office again

Time Warner (NYSE: TWX) was tops at the multiplex yet again with a scary horror franchise that the teens seem to be enjoying. The Final Destination, according to Boxofficemojo, grossed $12 million at domestic theaters over the three-day weekend, as of early estimates available at the time of this writing. I'm sure Destination will retain its number-one status once Labor Day is figured into the equation.

All About Steve, from News Corp. (NASDAQ: NWS), was the second-place film. It actually came close to Destination's take, bringing in about $11 million. Inglourious Basterds, distributed by The Weinstein Company, was third, and Gamer, an interesting sci-fi flick courtesy of Lionsgate (NYSE: LGF), was fourth. Sony's (NYSE: SNE) District 9, which came in fifth, has now gone beyond $100 million in total take.

Continue reading Time Warner and Death rule box office again

Time Warner takes out Weinstein Company with 'Final Destination'

I wonder: did Michael Meyers have a premonition of doom -- like the ones those clairvoyant teens from the Final Destination series have -- right before Time Warner (NYSE: TWX) slaughtered him this weekend? According to Boxofficemojo, poor Mike apparently didn't stand a chance against Death.

Destination came in first this past weekend at domestic theaters with a gross of around $28 million. Even though that's an estimate, there's no way the final numbers will change anything, because Halloween 2, distributed by The Weinstein Company, ranked third with roughly $17 million.

Continue reading Time Warner takes out Weinstein Company with 'Final Destination'

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