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It's Very Good To Be The King
There were
two very strong responses to weekend movie going from those who
track the business. The most obvious goes something like this:
"Wow! Just look at the business The Return of the King
is doing. Isn't it sumptin'."
The appropriate
response is "Yes." The final installment of The Lord
of the Rings trilogy arrived in theaters Wednesday, grossed
about $51 million in its first two days and added an estimated
$73.5 million weekend for a five-day cume of approximately $125
million. The film set too many records to enumerate internationally
and domestically and accounted for approximately 54% of all tickets
sold in North America this past weekend.
The Return
of the King opened 18% better than last year's The Two
Towers and New Line's $300 million gamble on the three movies
will undoubtedly reap rewards more than 10 fold its risk. The
entirety of the achievement both artistically and financially
is unparalleled and no amount of adjectival initiative quite does
justice to that simple fact.
Which brings
us to response number two that follows after a slight gasped pause.
Imagine a spectator looking across the charred remains of a battlefield;
the aftermath of a near apocalyptic encounter that one might have
seen in the Rings movies. Slowly he turns away and says with gravitas,
"Oh, my god, there's nothing else out there."
While the
assessment is a tad hyperbolic, the grim truth is that virtually
all other films in the marketplace - new and continuing, limited
or expanding - are performing at less than optimum levels. The
few exceptions cited to the current landscape include Bad Santa
and Elf and a ruminative silence.
There was
indeed a collective gasp when Saturday numbers trickled in on
Mona Lisa Smile and its gross declined slightly from opening
day figures. The period drama headlined by Julia Roberts
was, according to its co-producer, the film with the highest scoring
preview response in Sony's history. It's estimated $11.3 million
weekend ranks it second by less than $1 million to the studio's
other adult movie, Something's Gotta Give.
In retrospect,
the glib assessment on Mona Lisa Smile is that it had a
one-quadrant audience and that older female crowd was largely
consumed with higher priority items related to the holiday season.
The spin is that the movie will find its audience after December
25. That might indeed happen but obscures several more pertinent
questions beginning with Sony's decision to release the film at
a time when adult films traditionally do not play well. One can
make the case that the movie was alternative programming for all
those who wanted to kick the Hobbit. However, that placed the
film in direct competition with Something's Gotta Give
and hobbled both film's present and likely future business. Next
weekend, the Julia Roberts film confronts Cold Mountain
and the results could be chilling for either or both movies.
Overall business
of close to $140 million not unexpectedly ballooned by 58% from
the prior weekend but despite the Tolkien of respect was 4% softer
than in 2002. Last year, The Two Towers bowed with $62
million, followed by a $14.3 million debut of Two Weeks Notice
and the fourth place $9.5 million opening of Gangs of New York.
The year's current $8.8 billion tally trails 2002 by about 1%
in gross and 4% in actual admissions.
Debuting limited
releases performed respectably but without true dynamism. The
admittedly tough to sell Calendar Girls opened in 24 theaters
and rang up about $140,000. The film definitely gets a boost from
word-of-mouth response but at this very competitive time of year
the trick is getting butts in seats. And despite critical hosannas,
DreamWorks' The House of Sand and Fog had a soft $39,000
debut from two engagements. The considerably less grim Big
Fish playing on six screens in its second weekend had a 25%
higher theater average.
Comparatively
speaking Sony Classics' profile of former Secretary of State
Robert McNamara in The Fog of War was more buoyant
with a $38,000 gross from three encounters.
Continuing
fare as noted was sluggish with such varied appeal movies as The
Last Samurai, Haunted Mansion and Stuck on You
experiencing significant erosion and the onslaught of four Christmas
day wide releases unlikely to provide those movies with a reversal
of box office fortune.
- by Leonard
Klady
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