February 22nd, 2012
With our annual Oscar Prediction contest underway, now is the best time to look at the nominees and try to figure out who the favorites are and which films should just feel honored to be nominated. Today we will look at the two writing categories, starting with Best Adapted Screenplay. This is not a particularly close race with one obvious favorite and a couple that are long shots with a shot.
More...
January 31st, 2012
January is typically a really bad month for the home market, and it is usually even worse for Blu-ray. Not only are there not many hits coming out, but those that are being released tend to be films that are better suited to DVD than Blu-ray (middling hits, dramas, etc.). This is certainly the case with this week's new releases. Leading the way on the Blu-ray sales chart was Ides of March, a political drama, with 116,000 units / $2.08 million. Its opening Blu-ray share was 39%, which is better than expected for the genre.
More...
January 31st, 2012
It was a mixed week on the home market as far as new releases were concerned. On the one hand, four of the top five spots on the DVD sales chart were new releases. On the other hand, they were the only new releases to reach the top 30. Courageous was the best of the bunch selling 381,000 units and generating $6.47 million in opening week sales.
More...
January 25th, 2012
Like it was on the DVD sales chart, there were three new releases to top the Blu-ray sales chart, although they finished in a slightly different order. Moneyball still led the way with 467,000 units / $9.74 million giving it an opening week Blu-ray share of 44%, which is excellent for a drama.
More...
January 24th, 2012
Yesterday was one of the biggest days during Awards Season as The Oscar nominations were announced in the morning. It was a two horse race for top spot as far as the big winners are concerned. Hugo earned the most nominations with eleven, while The Artist was right behind with ten. However, one could argue The Artist is the bigger winner, as more of its nominations were in the more prestigious categories.
More...
January 16th, 2012
It's a slow week on the home market; there are four first run wide releases on this week's list, which is not bad, but only one of those, The Ides of March, earned reviews that were even remotely good. Unfortunately, there are only a few smaller releases that are worth checking out, so it's a pretty shallow week as well. As far as Pick of the Week is concerned, The Ides of March on DVD or Blu-ray Combo Pack win that honor, practically by default.
More...
January 4th, 2012
The nominees for this year's Producers Guild of America were announced and there were not a lot of surprises. For instance, nine of the ten nominees for Theatrical Motion Pictures also earned Golden Globe Nominations for either Best Drama or Best Musical / Comedy. Four of the five Animated films also did the same. It does make the Awards Season picture a lot clearer going forward, but it makes coming up with something to say much harder.
More...
January 4th, 2012
Iron Lady led a group of six films in the $10,000 earning a per theater average of $55,102. This is better than expected and shows the Oscar buzz for Meryl Streep is overcoming the middling overall reviews. Last week's winner, Pina, remained strong with an average of $23,874 in three theaters. I expect it will expand somewhat and earn a small measure of mainstream success. A Separation opened with an average of $19,827 in three theaters and with possible Oscar glory, it continues to do well. Tinker Tailor Soldier Spy has already earned a significant measure of mainstream success and with an average of $19,043 in 55 theaters this past weekend, it had its best weekend yet. It did cost $21 million to make, so it will need to continue to do well for quite some time before it makes profitability likely. Extremely Loud and Incredibly Close's first full weekend went well earning an average of $18,463 in three theaters. It has a shot at expanding wide in a couple weeks, assuming it holds on relatively well over the next couple weeks. The final film in the $10,000 club was Pariah, which earned an average of $12,145 in four theaters. It earned just over $100,000 from Wednesday through Monday.
More...
December 16th, 2011
The Hollywood Foreign Press Association announced their nominations and the Awards Season picture started to look a whole lot clearer. The Artist led the way with six nominations, while The Descendents and The Help were right behind with five apiece.
More...
October 24th, 2011
The industry as a whole has to be breathing a small sigh of relief after the weekend numbers started to come in. Paranormal Activity 3 broke records over the weekend helping the overall box office along the way. It grew 38% compared to last weekend, hitting $121 million. Unfortunately, that was still 6% lower than the same weekend Last year. Year-to-date, 2011 is 4% behind 2010's pace at $8.38 billion to $8.73 million and there's little hope that deficit will go away by the end of the year.
More...
October 17th, 2011
This past weekend was one the industry would love to forget. It was one of the worst weekend of the entire year. The total box office haul was just $88 million, which was 7.5% lower than last weekend and an absolute stunning 33% lower than the same weekend last year. A year-over-year discrepancy like that usually only occurs when there's a misalignment in the calendar. (Summer starting a week later than it did the year before. A major holiday falling a week later than it did the year before. Halloween or Christmas Day landing on the weekend.) It was so bad, that the top five films this year barely made more than Jackass 3D opened with last year. Footloose was the only new release that made any real impact, but it wasn't enough to overtake Real Steel on top of the chart. Meanwhile, 2011 lost more ground to 2010 and it is now down by 4% at $8.23 billion to $8.56 billion. If we are to see a recovery, it will have to happen really fast.
More...
October 16th, 2011
A decent opening for the Footloose remake wasn't quite enough to take top spot at the box office this weekend thanks to a good second weekend for Real Steel. The inspirational robot boxing movie dropped 40% from its debut to $16.3 million, which will most likely be enough to keep Footloose in second place. It is projected to make $16.1 million this weekend. Well behind them is The Thing, which is expected to make just $8.7 million. Thanks to the general weakness of the market, that's going to be enough for third, but it's not going to make much of a dent in the marketing costs for the movie, let alone its production costs.
More...
October 13th, 2011
Firstly, I would like to apologize for the Footloose / Footlose pun in the title. It is unacceptable, even by my standards. Secondly, we are going to lose. This weekend last year Jackass 3D broke the record for biggest October weekend and there's no chance that feat will be replicated this weekend. In fact, there's almost no chance this weekend will match Red's opening last year. Footloose, The Thing, and The Big Year won't earn $50 million over the weekend combined. We really need the win, but all evidence points to a tough loss in the year-over-year comparison.
More...
October 10th, 2011
October started out with mixed results and it seems for every bit of good news there was equal and opposite bad news. Real Steel topped expectations, but Ides of March did not. The overall box office slipped by 4% from last weekend to $95 million, but it was higher than the same weekend last year. Growth was under 2%, meaning ticket sales were weaker. Year-to-date, 2011 is still behind 2010, but the gap was narrowed to 3% at $8.11 billion to $8.39 billion. There's still a chance we can catch up, but we are running out of time and can't afford any missteps.
More...
October 9th, 2011
This weekend is turning out almost precisely as predicted in our Friday preview, with Real Steel cruising to a comfortable with with an estimated $27.3 million and Ides of March under-performing a bit with $10.4 million. Both movies seem to have found their intended audiences fairly successfully, but March was clearly hindered by mediocre reviews.
More...
October 6th, 2011
September was a good month and 2011 was able to close the gap with 2010 by $60 million; however, it is still close to $300 million behind last year's pace. This weekend we could see that gap close a little further. There's only one wide release, Real Steel, but it should be bigger than any of last year's three wide releases. In fact, there's a tiny, but statistically significant, chance it could earn more during its opening weekend than the combined opening weekends of Life as We Know It, Secretariat, and My Soul to Take. Ides of March won't be as strong, but it should play counter-programming well enough to grab a solid second place. If the holdovers can hold their own, then the month should start off on a winning note.
More...
October 1st, 2011
There is a little bit of good news going into October, as September did help close the year-to-date deficit, even if it was by a small amount. Unfortunately, we really needed a better result to be optimistic about our chances of closing that gap entirely by the end of the year. Even worse, this month represents the last chance 2011 has to catch up to 2010. I know there are two additional months left in the year, but October of 2010 was a soft month with four of the five weekends showing year-over-year declines. If October 2011 is even weaker, the odds of making up the $300 million deficit will be all but gone. It becomes even more troubling that there are no movies opening in October that are guaranteed to be monster hits. So, while October of 2010 was weak compared to October of 2009, it looks like it will be stronger than October of 2011. Hopefully I'm just being pessimistic. There are a couple films that have a shot at $100 million and I will be surprised if none of them at least come close to that milestone, but the slate of films is weaker than I would like.
More...