Posts Tagged ‘Best Picture’

Steve Mason

Summit scores a nice hit with KNOWING, which could reach $60M domestic, while I LOVE YOU, MAN has a shot at $70M in the US!

by Steve Mason

It was another good weekend for Summit Entertainment. The distributor behind last year’s meteoric hit Twilight has scored a solid hit with the Alex Proyas-directed Knowing, starring Nicolas Cage. Despite shaky word-of-mouth and negative reviews, the sci-fi thriller got a solid 9% bump on Saturday for a $9.7M second day, and it will likely finish its opening weekend with a possible $24.8M.

As a production company, Summit is responsible for some monster hits, including commercially and/or artistically successful films like Once (Oscar nominee for Best Picture), American Pie ($102..5M domestic), Memento (Oscar nominee for Best Original Screenplay: Chris Nolan), Mr. & Mrs. Smith ($186.3M domestic) and In the Valley of Ellah (Tommy Lee Jones nominated for Best Actor). But as a distributor, they got off to a slow start. (more…)

Steve Mason

KNOWING grabs $8.95M Friday & targets $23.2M weekend, but word-of-mouth may push I LOVE YOU, MAN to $70M domestic; DUPLICITY gets a only a C from CinemaScore!

by Steve Mason

Early box office returns are pointing to a weekend win for Knowing from Summit, but I will put my money on I Love You, Man (Dreamworks/Paramount) to generate more in US ticket sales over the long haul. The Nicolas Cage sci-fi thriller has grabbed an estimated $8.95M to start the weekend, and it will likely finish at $24M or so. That is, unless word-of-mouth catches up to it first.

Will reviews and word-of-mouth catch up to KNOWING?

Will reviews and word-of-mouth catch up to KNOWING?

Reviews for Knowing, written and directed by Alex Proyas, the inventive filmmaker behind the visually striking 1998 film Dark City and the 2004 Will Smith mega-hit I, Robot, has received overwhelmingly negative reviews (25% Fresh on Rotten Tomatoes), but thanks to Twitter, real-time movie-goer reactions spread like wildfire. Here are some Tweets I just grabbed off the social networking platform.

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Steve Mason

KNOWING is favored to win the weekend, but is I LOVE YOU, MAN poised for an upset?

by Steve Mason

For the last few weeks, Summit’s Knowing, starring Nicolas Cage, has appeared to be the likely winner of the upcoming box office weekend. But, my sources tell me that I Love You, Man, the new comedy starring Paul Rudd (Role Models) and Jason Segal (Forgetting Sarah Marshall) has surged in the latest pre-release industry tracking.


In the spirit of March Madness, I’m calling for the upset. I Love You, Man may not actually be a Judd Apatow movie, but it sure does look like one in trailers and commercials. The movie reportedly “rocked the house” at the South By South West Festival last week, and the buzz is very positive. I am calling for $21.5M, which would be above industry expectations.

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Steve Mason

Audiences RACE TO WITCH MOUNTAIN on Saturday as The Rock’s new family film targets $25M start & $85M domestic, but WATCHMEN is now headed for no more than $110M in the US!

by Steve Mason

As expected Disney’s Race To Witch Mountain enjoyed a huge Saturday surge for just over $11M in tickets sold, and the reboot of the 70’s franchise will finish with about $25M for the 3-day. Overall, Race posted the year’s seventh-best Saturday performance.

TOP 10 SATURDAY GROSSES IN 2009
1. March 7 – Watchmen – $18.3M
2. February 21 – Tyler Perry’s Madea Goes To Jail – $16.6M
3. February 14 – Friday the Thirteenth – $14.3M
4. January 17 – Paul Blart: Mall Cop – $13.2M
5. January 10 – Gran Torino – $12.1M
6. January 31 – Taken – $11.65M
7. March 14 - Race To Witch Mountain – $11M (estimated)
8. February 7 – He’s Just Not That Into You – $10.9M
9. January 17 – Paul Blart: Mall Cop – $10M
10. January 17 – Gran Torino – $10M
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Steve Mason

Photos surface from Clint Eastwood’s new movie THE HUMAN FACTOR – A solid bet to be in the Best Picture race?

by Steve Mason

If I was forced today to guess which 2009 release will win the Academy Award for Best Picture, I would first complain that it’s impossible to guess right. Then I would put my money on Clint Eastwood’s The Human Factor (Warner Bros). In mid-March, it’s silly to start discussing which upcoming movies will be Academy Award contenders, but there are some films, still in production, that seem to have the pedigree to “go all the way.” Eastwood’s next movie as a director, based on John Carlin’s Playing the Enemy: Nelson Mandela & the Game That Changed a Nation, seems like a decent bet.


Academy Award winner Morgan Freeman acquired the film rights to the book, and he will play a post-prison Nelson Mandela with friend Eastwood directing. The Human Factor will tell the story of how the 1995 World Cup Rugby Final between heavily-favored New Zealand and underdog South Africa helped to heal the post-Apartheid racial divide. Matt Damon, sporting blonde hair, has reportedly trained hard in order to credibly play South African captain Francois Pienaar. Some photos have begun to show up from the current production.

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Steve Mason

Wrestler-turned-movie star Dwayne Johnson leads RACE TO WITCH MOUNTAIN to a $24.25M opening, while WATCHMEN plummets 71%!

by Steve Mason

As Watchmen (Warner Bros) falls, “The Rock” appears to be racing to a weekend win. Disney’s Race To Witch Mountain, starring Dwayne “The Rock” Johnson, is off to a solid start with $6.8M or so on opening day, and, with its expected surge in family matinee audiences on Saturday and Sunday, it will likely triumph with a possible $24.25M.

Meanwhile last weekend’s winner Watchmen staggered to a second Friday of only $5.4M or so, and I am projecting only $15.75M for the 3-day. That marks a 71% drop. Anything over $20M would have been acceptable, but the bottom has fallen out of this movie, and it will now struggle to reach $100M domestic. When the foreign and DVD are added, it may make a small profit, but it will likely be negligible. The superstitious might suggest that Watchmen writer Alan Moore’s alleged curse may be to blame, but the reality is that word-of-mouth has been more negative than for any movie in recent memory.

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Steve Mason

WITCH MOUNTAIN could “Rock” WATCHMEN for surprising weekend win!

by Steve Mason

One of the coolest ways to use the social networking platform Twitter is to find out what people are thinking, saying and Twittering about in real time. Here’s a small sampling of Tweets from the opening weekend of Watchmen (Warner Bros).

The Watchmen = Epic fail!

If you haven’t seen The Watchmen yet, I’d urge you to read the graphic novel first. Well, actually, I’d urge you to JUST read the GN. lol.

Watchmen.undecided,confused as superhero film with

very little superhero action.Convoluted story,but overall watchable. My opinion only

I was bored while watching Watchmen

Just got out of Watchmen…. Ouch, would spend the 9 quid on – can’t even find the humour, brain switched off 1 hour into the 3- BIG YAWN (more…)

Steve Mason

They’re teen movie stars that wear purity rings: JONAS BROTHERS: THE 3-D CONCERT EXPERIENCE should easily win the weekend with a possible $30M!

by Steve Mason

Tween girls will unite this weekend and transform Kevin, Joe and Nick into box office stars. Last year, Hannah Montana/Miley Cyrus: Best of Both Worlds Concert Tour ignited a box office wildfire with a $31.1M opening weekend despite only 683 3-D-equipped screens. Now Disney has the teen stars of the moment, Jonas Brothers, in the same sort of concert movie vehicle. The difference is that Jonas Brothers: The 3-D Concert Experience will open on about twice as many screens.


The precise number of 3-D screens is difficult to pinpoint. Last month, Lionsgate confirmed 1,033 Digital 3-D runs for the remake of My Bloody Valentine, and although I have not been able to confirm a hard number for Coraline (Focus), it was probably close to 1,100. Now, as the expensive $100K per screen digital conversion creeps along for exhibitors, Jonas Brothers could reach 1,200 3-D screens. Unlike Coraline, the new Disney concert movie will not be boosted by traditional 2-D 35MM playdates.

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Steve Mason

Final Oscar Predix: SLUMDOG, Rourke, Streep, Ledger, Cruz; BEN BUTTON could win just 2 of 13!

by Steve Mason

I am forecasting a coronation for Slumdog Millionaire (Fox Searchlight) at Sunday’s Academy Awards. My final predictions call for Slumdog wins in 8 of the 9 categories it is competing in including Best Picture and Best Director: Danny Boyle. The only place I think it will fail is in the Sound Mixing category where The Dark Knight (Warner Bros) may trump it.

Slumdog Millionaire is about to win the Hollywood's Grand Prize

Slumdog Millionaire is about to win the Hollywood's Grand Prize

The “Battle Royale” of the night is Mickey Rouke from The Wrestler (Fox Searchlight) vs. Sean Penn in Milk (Focus) in the Best Actor category. There have been two ties in major categories in Academy Award history. The first was in 1932 when Frederic March in Dr. Jekyll & Mr. Hyde shared Best Actor with Wallace Beery for The Champ. (March had one more vote, but in that era, any finish within 3 votes was rules a tie.) Then in 1968, Katherine Hepburn for The Lion In Winter and Barbara Streisand for Funny Girl tied for Best Actress. If there was any justice, Rourke and Penn would share the award. In any other year, either of them would be a lock. Forced to make a pick, I’m going with Rourke.

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Steve Mason

Even if you wanted to see the Best Picture nominees this weekend, you might have trouble finding a theatre!

by Steve Mason

Tyler Perry’s decidedly un-Oscar Madea Goes to Jail (Lionsgate) is the box office story of Oscar weekend selling a massive $14.65M in opening day tickets with a possible $38M in sales expected for the weekend. But what about the Best Picture nominees, the supposed cool kids on the box office block?


Slumdog Millionaire (Fox Searchlight) is the odds-on Best Picture winner, and it expanded to about 600 additional playdates this weekend for a total screen count of 2,224. The other four contenders for Hollywood’s biggest prize, however, are on a combined 2,508 screens. That means that they are essentially done with their theatrical engagements in the US (barring a truly shocking upset). Even if you wanted to see the other four nominees, you might have trouble finding them at your local multiplex – especially if you live outside a major city.
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Steve Mason

Oscar odds: SLUMDOG, Rourke, Winslet, Cruz are favorites, but Penn, Streep and Tomei are live underdogs!

by Steve Mason

On Sunday, the Academy Awards will be handed out at the Kodak Theatre in Hollywood, and there are some clear favorites. Slumdog Millionaire, the feel-good Danny Boyle Mumbai opus made for just $14M, is a heavy favorite to win Best Picture. It’s hard to imagine Slumdog missing out on Hollywood’s biggest prize, having won the Golden Globe, the BAFTA Award and just about everything in between.


But, in the world of gambling, you always want to look for value. What are the films and performances with longer odds that would be worth a wager on Sunday? My purpose here is to establish a betting line for each of the six major categories, and then find the value bet in each category.

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Steve Mason

2009 Oscars doomed? – FROST/NIXON, THE READER and MILK are among the 6 weakest grossing Best Picture nominees of the last decade!

by Steve Mason

There is a phenomenon known as “the Oscar bounce.” When a movie receives Academy Award nominations, especially one of the five coveted Best Picture slots, ticket-buyers generally follow. The Oscar seal of approval used to mean something to the rank-and-file moviegoer, but that seems to have changed.

Only one of this year’s Best Picture nominees has inspired any real passion from the broad public. The almost-certain Best Picture winner is Slumdog Millionaire (Fox Searchlight), and its devotees, including critics and members of the Academy (not to mention yours truly), have made it a word-of-mouth smash hit. The Danny Boyle-directed feel-good Bollywood fusion movie made for a meager $14M added another $2.05M or so on Friday and is charting a 3-day course for about $7.4M. That will give the Slumdog a $77.4M take, and it could reach $90M-$95M before it’s through in American theatres.

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Steve Mason

PAUL BLART: MALL COP comes-from-behind for a weekend win with $21.5M; Sony finishes 1-2 with UNDERWORLD at $20.7M; GRAN TORINO adds $16M and will become Eastwood’s #1 grossing movie on Wednesday; No love for INKHEART!

by Steve Mason

The chubby guy on the Segway rallied for a come-from-behind win over the Beckinsale-less Underworld sequel, but regardless, it was a 1-2 finish for Sony. When I originally predicted that Paul Blart: Mall Cop as the likely weekend winner over the MLK 4-day, some online sites questioned my pick. Even I didn’t expect an opening close to $40M, and now the Kevin James vehicle has surprised again.

The Adam Sandler-produced comedy has broadened its audience, showing real family appeal. That led to stronger Saturday and Sunday matinees for a stellar $21.5M by Monday morning. That gives the movie a 10-day cume of just shy of $65M, which is impressive considering that it was budgeted at just $26M. After success as a supporting star in movies like Hitch ($179.5M cume) and I Now Pronounce You Chuck and Larry ($120M cume), it appears that James can open a movie without the help of Will Smith and Adam Sandler. Mall Cop dipped only 32% from last Friday-thru-Sunday (and that was part of a 4-day weekend, which can often lead to a sharper drop). (more…)

Steve Mason

LOWEST RATED OSCAR TELECAST IN HISTORY?: Snubs of THE DARK KNIGHT, Clint Eastwood and Bruce Springsteen point toward a new ratings nadir for the Oscar show; The five Best Picture nominees have combined to gross only $186M, about what TDK delivered in first 4 days!

by Steve Mason

Nobody is ever completely satisfied with the Academy Award nominations, but with several key snubs, Oscar voters may have ensured that the 2009 telecast hits an all-time ratings low.

Investor Warren Buffet coined the phrase “skin in the game” to describe a situation where executives use their own money to buy shares in their company. The so-called Oracle of Omaha likes companies where insiders have their own money invested because they work harder, care more and generally are more emotionally invested.

The problem with the Oscars is that voters are nominating films that relatively few people have seen. The five movies nominated for Best Picture this week – The Curious Case of Benjamin Button, Slumdog Millionaire, Milk, The Reader and Frost/Nixon – have combined to gross just $186.7M. The Dark Knight passed that box office total early in its fifth day of release. (more…)