The theatrical business is not dying. There are no actual stats that suggest it is.
Perhaps distributors are not foolishly chasing new revenue, but are consciously aware that sipping the Kool-Aid may lead to the death of a significant portion of this industry. Maybe they just want to be in a different business.Read the full article »
Beauty and the Beast diminished by half but nonetheless towered over the competition with an estimated $89 million weekend. That left the incoming Power Rangers securely in second spot with a $40.1 million debut. The session’s two other newcomers had meh results with the Alieneque sci-fier Life opening to $12.4 million and the TV staple CHIPS puttering on the big screen to $7.5 million.Read the full article »
The second weekend of a tale as old as time not only beating out two space-y films, but beating the two combined. The Beauty is looking at the #4 all-time slot for best second weekend to boot. Power Rangers, which spent a ton on advertising, is not a bust. But box office prognosticators are flying blind on where this one is going. Will it play on Saturday and across the globe? Life is a brutal opening, given its ambition. And CHiPs is another waste of Dax Shepard and Michael Pena and of WB’s time.Read the full article »