![]() ![]() This time around, there are substantially fewer of these lumbering parade floats: Studios will release 10 films costing $100 million or more (sometimes much more) between now and late August, compared with 17 such entries for the same period last year, according to Doug Creutz, an analyst at Cowen and Company. Revenue climbed primarily because studios crammed an unusually large number of big-budget releases into theaters, but these giants also cannibalized one another, leading to a series of megaflops, led by “The Lone Ranger.” Last year, ticket sales for the period totaled roughly $4.71 billion, a 10 percent increase over summer 2012. Hollywood’s summer season, which runs from early May through Labor Day, typically accounts for 40 percent of annual box-office receipts. The picture has been hanging in there like a rock from week to week, and I expect the same thing here in the U.S.” “The holds overseas have been absolutely terrific. “We’re well on our way, exactly where we need to be,” Rory Bruer, Sony’s president of worldwide distribution, said in an interview Sunday. Sony called the results “spectacular” and “phenomenal,” noting that “The Amazing Spider-Man 2” has taken in an additional $277 million overseas in three weeks of release, a stout total. The sequel’s North American weekend total was on the low end of prerelease estimates and a bit softer than the opening gross delivered last month by “Captain America: The Winter Soldier.”īut a stuck landing is a stuck landing. Compared with those for its predecessor, reviews were sharply worse. So far, “The Amazing Spider-Man 2” is holding up to the extreme pressure - by a thread. ![]() And few releases will carry more baggage: Sony already has two more “Amazing Spider-Man” sequels in the works and is planning at least two spinoffs. No movie this summer will cost more than “The Amazing Spider-Man 2,” which had estimated production and global marketing costs of roughly $400 million. LOS ANGELES - “The Amazing Spider-Man 2” took in $92 million over the weekend, ushering in Hollywood’s all-important summer blockbuster season and validating a sizable gamble by its maker, Sony Pictures Entertainment. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |