WEEK
TWENTY
IS
THAT ALL THERE IS?
We started with
Tom Cruise and we end with Tom Cruise
ah, the horror
of symmetry. It's hard to say which evocation I more dislike. (Actually,
I'll stop hedging
I prefer the bad movie to the bad soap opera.)
43 films opened
wide this summer (2 more this weekend).
Theatrical box office,
as people really paying attention last summer knew, is up, but basically
stable.
In the most expensive
summer season ever, studios were hit by the harsh realization - which
started becoming clear 18 months ago, when Christmas DVD movie sales
disappointed - that they could lose a shitload of money. Warner Bros
has copped to losing money on four movies and will lose money on five.
Paramount had some winners, but the red ink is still red on Mission:
Impossible III. Fox had big hits with X3 and The Devil
Wears Prada and major losers with Garfield 2, My Super Ex-Girlfriend,
and Just My Luck. Universal will make money on two crap comedies,
but lose money on its one great summer film, Miami Vice.
Next summer is overloaded,
but at least we can say that there are only four $200 million films
on the schedule (Spidey 3, Pirates 3, Potter V, and Transformers).
Sony is in the marketshare
lead for the year, but Disney won the summer with the #1 and #2 films
drawing over $640 million domestic between them. Right now, that's the
second best ever 1-2 studio summer punch, but they're only $5 million
behind the leader. And who is the all-time leader? Disney's Finding
Nemo and Pirates of the Caribbean in 2003. (Look for the
studio to try to set a new record next summer with Pirates 3 and Brad
Bird's Ratatouille.)
For 38 days, Pirates
of the Caribbean: Dead Man's Chest was the fastest grossing movie
ever (The FGME, if you recall). This is not to be confused with the
MEFE (most expensive film ever), which was Superman Returns. In the
nine days since P3 fell behind Shrek 2, it has fallen back by
about $5.5 million. Both films are record setters, but Shrek 2,
which was doing about twice as much per day after seven weeks as compared
to what P2 is now doing, reminds us just how powerful the family film
that really draws the under 10s can be.
But if there is
a story this summer, it's that there really is no important summer story.
Critics have been "dead" for years now. Studio losses have
been brewing for more than a year. For all the squealing, Tom Cruise's
M:I3 has grossed $393 million worldwide, his fifth best gross
ever and the eighty-second highest grosser ever.
There were seven
$300 million worldwide grossers this summer. But it's not nearly enough.
The studios just spent too much money. There will be some money made
- lots on Pirates, though P3 may be the next MEFE - but every one of
these companies will be looking at the bottom line and trying to figure
out how to make all those ticket sales more profitable.
On the indie side,
the Summer of 2006 was one of the ugliest ever. The studio dependents
and The Weinstein Co. and Lionsgate are just, for the most part, staying
out of the game. We are in their busy period now, but between May 1
and August 11, a total of 14 films were released by this group on 100
screens or more. 8 did $10 million or more. The current high mark is
Clerks II's $23.9 million. Little Miss Sunshine is expected
to eclipse that soon. But nothing looks remotely like March of the
Penguins or Fahrenheit 9/11.
Three of the biggest
indie/dependent hits were the only releases from those companies this
summer: Paramount Vantage (An Inconvenient Truth), Picturehouse
(A Prairie Home Companion) and Fox Searchlight (Little Miss
Sunshine).
Lionsgate remained
the home of horror, with The Descent and See No Evil.
Focus/Rogue remained in neutral with Waist Deep and Scoop.
Miramax spun its wheels with The Night Listener and Keeping
Up With The Steins, while WIP found no penguins in A Scanner
Darkly or The Promise. The Weinstein's second summer release,
Pulse, was hard to find and Sony Classics stuck its nose out
with UA holdover, Art School Confidential, to little success.
One story that should
be noted is the Family Film, as mentioned above. We had three CG animated
films in the Top 15, plus Barnyard and The Ant Bully. That's
a lot of animation. A lot! Expect a lot more caution in being the third
or fourth animated films in summers to come, especially if the studio
really likes the film, as Sony liked Monster House.
There were seven
sequels this summer. Clerks II, as of now, leads all indie releases.
Garfield: A Tale Of Two Kitties is the only sequel disaster.
The Fast & The Furious: Tokyo Drift underperformed, but Universal
will hope to hit profit via a Japanese release and DVD. And the other
four? They are four of the Top Eight seasonal grossers. 2007 will answer
with 11 sequels. At least eight of the films are all but guaranteed
to gross more than $100 million domestic. Hmmmm
Six of the Top 13
films this summer were straight comedies. Talladega Nights will
soon take the #1 spot from Click, with Meryl Streep in
third, the wedding crashers in fourth & sixth with Jack Black
fronting the #5 comedy. Even more impressive, the only real stiff into
his category all summer was Just My Luck. Evan Almighty leads
the way next summer, but look for a load of comedies to rev up in time
- comedies can be made on a schedule and a budget - to take advantage
of next summer's urge to laugh.
Movie stars didn't
do badly this summer either. Depp, Hanks, Ferrell, Sandler, Cruise,
Vaughn, Black, Wilson, Wayans and Cage make up half of the Top 20. And
in the movie star category, the only under-$50 million movies were,
again, Just My Luck, My Super Ex-Girlfriend, Zoom, and Scoop.
In other words,
same old shit, different summer.
Her come da fall,
here come da fall
This
Week's Box Office Chart
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Email David Poland