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TOPIC: 4th up weekend in a row vs. 04!!!

Re: 4th up weekend in a row vs. 04!!! 11 Dec 2005 20:46 #11532

  • sevstar
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A good consistent product flow would be great! But it has not happened in the past and most likely won't in the future. We get the two or so months of summer releases and the 6 to 8 weeks of winter releases. It wasn't that long ago that there would be at least 2 releases a year that had strong legs and played well for at least 6 weeks or more. And still had good crowds when it hit the 40 & 35% terms weeks. From what I am hearing it looks like King Kong may be the one for 2005. Then again I am only hearing this from industry insiders and critics. We all will have to wait and see what the actual buying public decides to do. They are in fact changing their movie habits and theatre's will have to adapt to this change.

From the New York Times:

A monster boost for the box office
Regardless of whether "King Kong" ends up challenging "Titanic" for all-time box-office champ, analysts think it — along with "Harry Potter and the Goblet of Fire" and "The Chronicles of Narnia: The Lion, the Witch and the Wardrobe" (which opens this weekend) — will take the gloom off Hollywood's slumping year.

After being down from 7%-10% through the year's first 10 months, the U.S. box office has rallied under the Hogwarts banner of ­"Harry Potter," and is now down only 5.5% from last year. With more than $229 million in ticket sales since its Thanksgiving Weekend opening, ­"Harry" has boosted Hollywood to a 10% increase over the same period in 2004.

"It's a moral and psychological victory for Hollywood," says boxoffice relations Paul Dergarabedian. "It won't pull us completely out of the slump, but we'll end the year on a very positive note."

However the numbers turn out, Dergarabedian and others believe America's movie ­habits are changing. With home entertainment systems, moviegoers are willing to wait on all but the most appealing films for the DVD releases.

"We're getting to the point where people only want to go out to see movies that are as big as the screen," says Dergarabedian. "They want to see 'event movies' like 'Kong.' The rest they'll wait for."

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