She has a hit TV show on the Disney Channel, a pair of albums that have debuted at #1 on the Billboard charts, a concert tour with 69 sold-out arenas in North America, and now a second #1 movie in as many years. Miley Cyrus is the biggest teen star in the world.

With most of Hollywood (including myself) expecting an opening in the mid-$20M’s for Hannah Montana The Movie (Disney), Miley has surprised “grown-ups” with her box office clout once again. The picture opened with a heavily front-loaded $17.39M on Good Friday then dropped 40% on Saturday to an estimated $10.34M, and it will reach an estimated $34M by the end of Easter weekend, making it the all-time #2 opening for the bunny holiday weekend. My Friday night early 3-day projection was for $33.6M, but then I raised my number to $39M on Saturday. As it turns out, I should have stuck with my first pass. These young skewing movies are tricky to project, and the Easter Weekend, where Saturday traditionally drops from Friday, makes it even more complicated.

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Easter weekend 2009 will almost certainly be an all-time record-breaker for Hollywood with a pair of new releases that could be among the top six bunny holiday openings of all time. Although neither Hannah Montana: The Movie (Disney) or the new R-rated comedy Observe & Report (Warner Bros) will challenge 2006’s all-time Easter weekend opening champion Scary Movie 4 ($40.2M), both new offerings look very solid in pre-release industry tracking, and they will be joined by some strong holdovers.

Universal’s Fast & Furious is likely to cross the finish line first for a second consecutive weekend, following up last weekend’s almost $71M with about $30M, which would mark a 58% drop. Still, it must be considered a triumph that the re-teaming of Vin Diesel, Paul Walker, Jordana Brewster and Michelle Rodriguez may have $120M in US sales after just 10 days. That will mean that Fast & Furious will have almost doubled the domestic gross of The Fast & The Furious: Tokyo Drift (the last film in the franchise), and this souped-up thrill ride could be headed for $160M US.

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The movie business is not generally kind to women when they pass the age of 40, and Julia Roberts (now 41) is learning that lesson the hard way. The former Pretty Woman has returned to the big screen this weekend in Tony Gilroy’s Duplicity (Universal), and one prominent blogger wrote this headline:

Duplicity soft: Julia’s Comeback? Audiences Say Go Back

Julia Roberts and Clive Owen star in the fun, smart DUPLICITY, from writer/director Tony Gilroy

Roberts’ last starring role was in 2003’s Mona Lisa Smile ($63.8M domestic), and since then she has become a full-time Mom. Overall, she has 8 movies on her resume that have reached $100M in the US with her as a lead (I’m not including the Ocean’s Eleven franchise). Her most successful string of movies started in 1997 with My Best Friend’s Wedding ($127.1M cume) and ended with her Oscar winning performance in Erin Brockovich ($125.6M cume). During that span, she starred in 6 movies, generating an average of $115M in domestic box office.

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This* one lost me at “From the Writer-Director of ‘Michael Clayton,’” a film I found dreadfully dull and completely illogical. (Of course, Tilda Swinton’s intelligent, savvy high-powered lawyer would fall for the old taping-you-without-you-knowing-it trick — not everyone saw “Wall Street.” And who knew you could so easily fake your death by tossing a wallet and watch into a burning car? The coroner must have been relieved to find identification in good enough shape to name a body burnt to nothing.) Suspending disbelief is not the same as suspending intelligence.

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To be honest, anything with Julia Roberts** pretty much loses me from the start. She was never a great actress female actor, but before Diva-dom struck about 40 minutes into “Erin Brockovich (2000),” she had a remarkably warm and accessible screen presence. That’s gone now. Even the famous smile feels calculated. Roberts can’t do “empowered” without coming off as cold and distant. Kate Winslet*** and Naomi Watts can play ‘em tough without losing the important undercurrent of vulnerability and tenderness. In her day, even Sharon Stone could pull this off on some level. (more…)

Hollywood is off to a staggering, record-breaking start in 2009 led by Clint Eastwood’s most successful wide opening ever, a French action import and a chubby guy on a Segway. Hot on the heels of the biggest January in history with over $1 billion in domestic sales, February has exceeded $750M in the US. The industry’s all-time best January followed by the all-time biggest February on the books puts total domestic box office for the year at almost $1.8 billion.

“Everything is working.” That’s what one studio exec told me today. “With the exception of the Jonas Brothers, it seems like almost every release is out-performing expectations.” January 2009 has gone down as the all-time 8th-best month in modern box office history. It started with excellent holiday holdovers. Six movies, technically released in 2008, did major chunks of their business after New Year’s.

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