A King Kong bomb, or just a very sluggish movie market?
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JoeUser Forums
There's some rumblings that the box office take for Hollywood's latest "guaranteed" block buster (see full story here) -- the Peter Jackson remake of the King Kong -- is coming in as underwhelming. The movie itself reportedly cost well in excess of $200 million to make. Hard to believe considering it's at least the second remake of a classic movie, though most people ignore the earlier remake as if it doesn't exist (the Jeff Bridges, Charles Grodin, Jessica Lange, etc., mid-1980's failure).
The per screen take, for a middle of the week opening, isn't that bad. The numbers can be found here, but they work out to approximately $2,735 per screen. Not bad, but not great.
Comparatively, as an example, a movie that I favored, Serenity, opened with higher numbers during it's opening weekend, but that was a weekend, not a mid-week opening. Opening weekend numbers for that movie can be found here, but to summarize: Opening Weekend: $10,086,680, (2,188 theaters, $4,610 average), % of Total Gross: 39.8%, and finally Widest Release: 2,189 theaters
Is this part of a bigger continued slump in the movie market, or is the problem that the movie going public just isn't going to load up the family rambler, burn through a tank of gas at the still inflated prices, and then pay what equates to a mortgage note for the tickets and concessions (popcorns, cokes, candy, etc.) just to go see a movie that they already know?
I'm not sure what the real answer is. The previews for Kong look good. The reviews have been mostly favorable (though Kong isn't getting best picture buzz because the Hollywood and media elite are wanting to give that honor to Brokeback Mountain or just about any other non-Peter "Mr. Lord of the Rings" Jackson movie). But the box office isn't that impressive. Especially not for a movie that cost so much to make.
Will it make all of that money back? Most likely. With DVD sales (which many people just wait for anymore, rather than going to theatres), foreign box-office, and a full weekend coming up, I expect Kong will bring in some crowds, but I also expect it may not be enough to raise Hollywood's spirits that much, as they seem to be continuing to be stuck in a rutt at this point, at least as box-office income goes.
The per screen take, for a middle of the week opening, isn't that bad. The numbers can be found here, but they work out to approximately $2,735 per screen. Not bad, but not great.
Comparatively, as an example, a movie that I favored, Serenity, opened with higher numbers during it's opening weekend, but that was a weekend, not a mid-week opening. Opening weekend numbers for that movie can be found here, but to summarize: Opening Weekend: $10,086,680, (2,188 theaters, $4,610 average), % of Total Gross: 39.8%, and finally Widest Release: 2,189 theaters
Is this part of a bigger continued slump in the movie market, or is the problem that the movie going public just isn't going to load up the family rambler, burn through a tank of gas at the still inflated prices, and then pay what equates to a mortgage note for the tickets and concessions (popcorns, cokes, candy, etc.) just to go see a movie that they already know?
I'm not sure what the real answer is. The previews for Kong look good. The reviews have been mostly favorable (though Kong isn't getting best picture buzz because the Hollywood and media elite are wanting to give that honor to Brokeback Mountain or just about any other non-Peter "Mr. Lord of the Rings" Jackson movie). But the box office isn't that impressive. Especially not for a movie that cost so much to make.
Will it make all of that money back? Most likely. With DVD sales (which many people just wait for anymore, rather than going to theatres), foreign box-office, and a full weekend coming up, I expect Kong will bring in some crowds, but I also expect it may not be enough to raise Hollywood's spirits that much, as they seem to be continuing to be stuck in a rutt at this point, at least as box-office income goes.
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