Imax blew past Wall Street forecasts with sales up 32% at $98 million for the second quarter ended in June. Adjusted EPS was 26 cents a share – up 271%. The company swung to a net profit of $8.35 million (15 cents a share) from a loss of $2.85 million (negative 5 cents) the year
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The Barbenheimer phenomenon just keeps going. To wit: there is so much energy happening at international box office turnstiles that Tuesday’s grosses on Warner Bros’ Greta Gerwig-directed Barbie and Universal’s Christopher Nolan opus Oppenheimer were down just 1% from Monday. The offshore gross through Tuesday on Barbie is now $258.5M with global at $472.6M. As
Mattel CEO Ynon Kreiz said last weekend’s blockbuster release of Barbie – the toymaker’s first-ever major theatrical film – is a moment that “will be remembered as a key milestone in our company’s history.” His comments came amid second-quarter numbers in line with Wall Street forecasts. “The Barbie movie is a showcase for the cultural
After a blowout debut weekend, Barbenheimer showed strong continued momentum at the international box office on Monday. Warner Bros’ Barbie for its part had the best Monday ever for the studio overseas at $32M from 69 markets (it also scored the studio’s best Monday domestically). The running offshore total through Monday is $226.3M, bringing the
We knew Warner Bros’ Barbie and Universal’s Oppenheimer were going to be big — but not this big. Paramount’s Tom Cruise sequel Mission: Impossible – Dead Reckoning Part One learned that the hard way (65% Weekend 2 decline with $19.3M) by going one weekend before the dual tidal wave, trying to avoid the wake of
Amid all the noise about studios taking apart the fall and fourth-quarter release schedule over the SAG-AFTRA strike, here’s some good news: Amazon is taking its Emerald Fennell-directed movie Saltburn out on Black Friday, November 24, in New York and Los Angeles. Pic will expand December 1. In the wake of releasing Ben Affleck’s Air
Air-conditioned Broadway held its own as New York City plunged ever deeper into a hot summer last week, with total box office receipts keeping steady at $31,520,593, a tiny increase of 2% over the previous week. Total attendance for the 30 Broadway productions was 257,204, consistent with the previous week but up nearly 15% over
It was a magnificent movie weekend. Barbie, Oppenheimer, Sound of Freedom. All hits, a blow-out! So what else have you got? The question sounds obnoxious, like its near-cousin, the always infuriating: “What have you done for me lately?” But it’s an honest query, and an important one for a strike-bound, streaming-bent, pandemic-emergent industry that is
CEO Adam Aron said a court ruling Friday that makes it harder for AMC Entertainment to raise cash has serious implications for the circuit’s financial stability — a blowout ‘Barbenheimer’ weekend at the box office and surging share price notwithstanding. “AMC must be in a position to raise equity capital. I repeat, to protect AMC’s
The mysterious sanctuary hidden away in the Jemez mountains was known only as Box 1663 in the mid 1950s. The mission of its 13,000 residents was to create “the gadget.” Living there was a challenge. “It’s a prison camp for eggheads,” whispered one scientist. As a young newsman, I decided I had to find a
When it comes to the road to blockbuster glory, some projects are willed, some happen instantaneously, while others go through a long development hell. That’s just what happens when you’re perfecting toward a hopeful billion-grossing title. In the case of Mattel’s Barbie, it was arguably a 14-year journey that began at Universal. It stands to
AMC Entertainment set a new post-Covid record for global admissions revenue this past weekend with Barbie and Oppenheimer leading a charge that drew 7.8 million moviegoers to theaters. Warner Bros/Mattel’s Barbie racked up $162 million opening weekend. Universal’s Oppenheimer stands at $82.4 million for a $300 million weekend at the domestic box office. For Imax, Christopher Nolan’s Oppenheimer delivered a $35 million debut
One of the prime records Barbie is breaking this weekend is the best domestic start for a movie helmed by a female director with $155M. That figure beats that of 2019’s Captain Marvel which was co-helmed by Anna Boden and had a $153M start. Other big starts for movies helmed by a woman filmmaker include
Searchlight Pictures’ comedy Theater Camp held its own on a big weekend of box office coin flowing in from Barbie and Oppenheimer. Molly Gordon and Nick Lieberman’s Sundance-winner (U.S. Dramatic Special Jury Award for Ensemble) expanded to 10 markets/51 theaters, up from six locations in New York and LA opening weekend, taking in an estimated $266,000
While the Hollywood Studios and WGA and SAG-AFTRA are at a standstill in labor talks –streaming residuals being a big bone of contention– the theatrical side of the business exploded with Barbenheimer together grossing over $511M worldwide, $235.5M of that being domestic. Never before in the history of Hollywood movies have two films opened respectively
EXCLUSIVE: Lionsgate is pushing the theatrical releases of this August’s White Bird: A Wonder Story and next year’s Dirty Dancing sequel from director Jonathan Levine due to the dual WGA and SAG-AFTRA strike, we hear. White Bird, the spin-off prequel to the studio’s 2017 box office smash Wonder, was set to launch limited on Aug. 18 and
EXCLUSIVE: In light of the current strikes, A24 is pausing the release of Julio Torres’ Problemista which was set to launch limited on Aug. 4. The new release date will be determined down the road. The studio is doing this to support filmmaker Torres, furthermore these awards-type indie movies need their stars, Tilda Swinton here,
In a contorted legal case, a Delaware judge today struck down a settlement that would have helped AMC Entertainment move ahead with steps to raise cash and shore up its stock. “To cut to the chase, the settlement cannot be approved as submitted,” Judge Morgan Zurn of Delaware Chancery Court wrote in a 69-page opinion
Return To Dust, an arthouse hit in China last summer before being pulled from release, opens Stateside this weekend with Film Movement presenting on two screens – NYC’s BAM Rose Cinema and the Gene Siskel Film Center in Chicago, expanding to LA and Seattle next Friday. The distributor acquired the film directed by Li Ruijun
Christopher Nolan’s highly-anticipated and highly-reviewed Oppenheimer has begun overseas rollout with strong results versus some of the director’s previous titles. On Wednesday, the Universal film opened in 10 offshore markets, grossing $2.4M and led by France and Indonesia. These are early days as the critically-lauded Cillian Murphy-led biographical drama/political thriller will be playing a total
EXCLUSIVE: The box office event of the year which has Warner Bros. mass female attraction, Barbie, and Universal’s Christopher Nolan directed, Oppenheimer, has officially fired off its confetti guns with the movies seeing respectively an estimated $20M and $9M+ from their previews. Again, these numbers could fluctuate by morning. Even if Barbie falls short of
Florida detectives are searching for an attacker who beat a 63-year-old man who asked him to move from reserved seats into an adjacent space. The attack happened on July 10 at an AMC Theater at 2315 N. Federal Highway in Pompano Beach, Florida shortly before 10 PM. The movie the victim purchased tickets for was
AMC Entertainment is dropping Sightline, a controversial variable pricing program for seating it announced earlier this year. The giant theater chain said today that after a pilot in three locations, it saw little or no increase in patronage of cheaper front row seating, despite a modest price reduction for the seats. The test did show
“You’re being managed on Barbie” was a snarky text I received last night, “it’s at least $130M.” The point of that is the projections out there for the Greta Gerwig directed feature take of the Mattel doll are indeed wild. Rivals were spotting $90M-$125M; Warners asserting $75M. Today, to support the crazy fever of moviegoing
Alamo Drafthouse Cinema said CEO Shelli Taylor is retiring in August and named president Michael Kustermann as its new chief executive. The fast-growing dine-in chain, that’s been hugely successful luring post-pandemic moviegoers back to theaters, said its board of directors, including Taylor and executive chairman Tim League, selected Kustermann as Taylor steps down, effective August
On the edge of what is bound to be the domestic box office’s third $200M+ weekend thanks to Barbie and Oppenheimer, the motion picture industry’s fret is whether the great post-pandemic moviegoing rebound is about to screech to a halt due to the SAG-AFTRA strike and actors prohibited from promoting. Barbie and Oppenheimer are expected
At a time when the industry is suffering through historic dual strikes by the WGA and SAG-AFTRA, the motion picture industry is poised to see an enormous weekend at the box office with Warner Bros./Mattel’s long awaited toy feature adaptation Barbie and Christopher Nolan’s World War II era three-hour adult drama Oppenheimer reaping a combined
Talk about respecting a theatrical window: Disney has set a Disney+ global premiere date for Guardians of the Galaxy Vol. 3 of Aug. 2, that’s 90 days after the pic’s theatrical release of May 5. While Disney got a lot of slack during CEO Bob Chapek’s era for executing theatrical day-and-date releases on Disney+ during
Searchlight Pictures’ Sundance-winning original comedy Theater Camp will take in an estimated $281,172 or $46.9k per theater at six locations opening weekend — the best limited opening for the distributor since Jojo Rabbit in the fall of 2019 ($349k in five locations). That’s after the A CinemaScore film on Sunday pulled ahead of Searchlight’s The
What was it W. B. Yeats wrote, that line Joan Didion lifted and twisted in her essay “Slouching Towards Bethlehem,” about West Coast chaos in 1967? Things fall apart; the center cannot hold. That’s how it felt on Thursday, a few minutes before lunch with some seasoned film executive-friends at the Academy Museum (Salad Niçoise
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