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May
Tricks Forever
The
anticipation of box office records shattering like candy glass
simply did not occur. Still, The Matrix Reloaded charged
up a staggering $92.2 million debut and close to 60% of the weekend
ticket tally. Folding in Thursday box office and Wednesday previews,
the film chalked up a not too shabby $134.7 million.
The
picture could claim a record for the biggest opening of a sequel
but industry consensus was that if Warner Bros. had been entertaining
thoughts of re-writing b.o. history, it should have launched the
highly touted second chapter on Friday. As things stand, the publicity
machine that planted the notion of an unparalleled commercial
wave flooding the nation are skulking back to the dark recesses
of their spin factories.
The
true test for The Matrix Reloaded will come seven days
hence. Largely clobbered by the critics, it could well prove the
old adage about “the bigger they are, the harder they fall.” The
appreciably better received X2: X-Men United has experienced
50% plus drops since its debut and comparable or worse response
for Matrix, Part 2 would only underline the new picture’s
constricted appeal to a young male audience. It could well encounter
stiffer than initially expected competition with next weekend’s
bow of the Jim Carrey opus Bruce Almighty.
Weekend
business of slightly more than $160 million resulted in a 45%
uptick in movie going from a week earlier but remained 6% behind
2002’s level. A year ago, Star Wars, Episode 2 bowed with
$80 million and Spider-Man’s third weekend scored with
$45 million. As things stand, summer 2003 is in need of a clutch
of box office surprises to surpass last year’s bounty.
The
frame’s other debutant - Fox’s spoofish romantic comedy Down
with Love - fell well short of becoming a counter-programming
coup. It ranked fourth with an undistinguished $7.3 million. Truly
the best of the holdovers was Daddy Day Care which retained
second in the lineup with $18.6 million and a comparatively modest
33% erosion from its opening.
The
seasonal landscape continues to reflect a nation that’s not taking
out its purses and wallets as frequently. Again, we’ve yet to
see those pictures that would spur a change of habit as summer
has increasingly become a time of the predictable, pre-packaged
very expensive programmer.
A
veritable mixed bag of regional and specialized launches provided
little more than a commercial hiccup in the shadow of The Matrix.
Miramax dipped its toe into the waters with a 196 theater bow
of Pokemon Heroes and retreated with approximately $220,000.
The modest debut appeared to be no more than a herald for a quick
video release.
Bollywood’s
latest foray Armaan: The Desire also had a slow start with
$132,000 from 40 screens. India, the second largest film industry
in annual volume, has been rocked in recent years by video piracy
that has eroded theatrical revenues by 25% to 30% and U.S. majors
have tightened up print security and surveillance to curb a similar
fate befalling its vaunted product.
Fox
Searchlight’s first foreign-language release, the French multi-lingual
L’Auberge Espagnole, was off to a solid start with an estimated
$58,000 from 11 forays. The film, a contemporary coming-of-age
saga, debuted in Quebec last month where it’s grossed an impressive
$1 million from 23 prints.
Among
the other exclusive debuts, the best result was for Lions Gate’s
three screen bow of Ken Loach’s powerful working
class drama Sweet Sixteen with a $22,000 gross. The Scottish-set
film is going out, mercifully, with English sub-titles.
Email Leonard
Klady
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