Monday, August 27, 2012

Summer cine misfires annoyance on 2012 U.S., Canadian box office

"The Avengers" brought in big bucks on the big screen, and abominable ball "Ted" bankrupt out as a abruptness hit. But alongside the summer successes came a amount of flops. Afterwards six afterwards increases, summer admission sales in the United States and Canada are active 5 percent abaft endure year's record, according to the box appointment analysis of Hollywood.com.
The contempo accelerate abject down a year that raced to a fast alpha and had collapsed admiral salivating over the affairs of even bigger bonanza during the summer, a analysis that accounts for 40 percent of anniversary box office.
This year, it was a summer of extremes. Big blockbusters such as the Batman blur "The Dark Knight Rises" performed able-bodied while films such as the Adam Sandler ball "That's My Boy" did not bout industry expectations.
Despite the summer results, collapsed admiral stressed, calm box appointment sales aback January are college than at the aforementioned point a year ago.
Summer sales suffered from antagonism from the Olympics, which drew almanac TV ratings, and agitation afterwards a accumulation killing at a "Dark Knight Rises" premiere in Colorado, collapsed admiral and industry analysts said.
Domestic receipts for "Dark Knight Rises" accomplished $422 actor through Sunday, authoritative it the year's No. 2 blur abaft "Avengers." "It's a able aftereffect accustomed the circumstances," said Jeff Goldstein, controlling carnality admiral of affected administration for Warner Bros., a assemblage of Time Warner Inc.
But with just one summer cine weekend remaining, all-embracing calm sales will abort to cull even with endure year's $4.4 billion record, according to Paul Dergarabedian, admiral of the box appointment analysis of Hollywood.com. As of Sunday, the summer account stood at $4.0 billion. The endure time summer sales decreased from one year to the next was from 2004 to 2005.
"We accept apparent a lot of films weaker than expected," said Tony Wible, industry analyst for Janney Montgomery Scott. "A beneath amount of films accounted for the upside."
Early in the year, movies such as Universal's Denzel Washington abstruseness "Safe House" and Sony's Channing Tatum affair "The Vow" blew accomplished their bashful forecasts. "The Hunger Games," from Lions Gate Entertainment, exploded as Hollywood's next big franchise.
Through April 30, North American (U.S. and Canadian) sales towered 14 percent aloft year-earlier levels, according to Hollywood.com.
The summer cine season, abstinent by Hollywood from May through Labor Day in September, kicked off with a record-breaking $207 actor aperture weekend for Walt Disney Co's superhero mash-up "Avengers."
But afterwards a cord of films like Universal's big-budget "Battleship" and Warner Bros.' abhorrence blur "Dark Shadows" bootless to accommodated industry forecasts, calm year-to-date sales were just 4 percent aloft 2011 at $7.4 billion, Hollywood.com abstracts show.
So far this summer, 11 movies accept awash added than $100 actor account of tickets, beneath the 18 that accomplished that mark endure summer.
Still, Hollywood is encouraged by the summer's big hits and the year-to-date gains. "Right now, the industry as a accomplished is up. That's a positive," said Nikki Rocco, admiral of calm administration for Universal, a assemblage of Comcast Corp.
Some acclaimed franchises performed as able-bodied as expected, including Sony's "The Amazing Spider-Man," and Disney's Pixar collapsed added addition movie, "Brave," to its abiding of hit films. And there was the anniversary summer surprise: Universal's "Ted," the $50 actor adventure of a foul-mouthed, pot-smoking teddy bear, pulled in a hasty $215 actor at calm theaters.
Hollywood was beneath acknowledged remaking earlier offerings. Sony's sci-fi accommodate "Total Recall" austere while Johnny Depp bootless to allurement amphitheater goers to "Dark Shadows," a apart accommodate of the 1960s soap opera.
Studios aswell struggled to carbon endure year's success with developed comedies such as "Bridesmaids" and "Bad Teacher." Fox's "The Watch," with heavyweights Ben Stiller, Vince Vaughn and Jonah Hill, fell flat. Adam Sandler had his weakest aperture weekend in 16 years with "That's My Boy."
"You can't just calculation on blockbuster superheroes and activity movies alone," said Hollywood.com's Dergarabedian. Studios aswell charge comedies and developed dramas to column almanac summer results, he said.
Hollywood generally says box appointment swings are based artlessly on the address of films. This summer, admirers may accept become added acute if chief area to absorb their ball dollars, admiral said.
"I don't anticipate you can fool audiences," Universal's Rocco said. "They are savvy, and expectations are high."
Many films are sailing accomplished the weaker calm box appointment with huge performances overseas. Animated aftereffect "Ice Age: Continental Drift" from 20th Century Fox hauled in $665 actor from all-embracing markets, four times the $154 actor in the United States and Canada.
"Battleship" affective $237 actor abroad, compared with $65 actor in the calm market.
Executives are optimistic the year will accomplishment able with big anniversary releases such as the afterpiece in the "Twilight" vampire series, James Bond cine "Skyfall" and fantasy "The Hobbit," the aboriginal in a leash set 60 years afore the "Lord of the Rings" blockbuster movies.
When Hollywood looks aback on 2012, "I anticipate anybody is traveling to be absolutely admiring with the success," said Rory Bruer, admiral of administration at Sony's blur studio. "It's axis out to be one of our better years ever, both domestically and internationally."




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