Don’t wait for “The Darkest Hour” to come out on Blu-ray/DVD, don’t spend the dollar to rent it from Red Box and don’t even take an hour and a half out of your precious day to watch it on cable.

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The reason studios release films like this on Christmas Day is to try and attract the crowds who want to see an action/thriller over a potential Oscar contender like “War Horse” or a family friendly picture like “We Bought a Zoo” during the holidays. Unfortunately this time around, the studio, Summit Entertainment, shouldn’t have taken on the movie to begin with because I’m sure they’ll lose money on it.

The first minute of “Darkest Hour” begins as we are introduced to the two main characters, Sean (Emile Hirsch) and Ben (Max Minghella), American software developers who are traveling to Moscow in attempt to sell their latest website concept. When they realize their idea for a global traveler social network has been stolen, they head to a bar to drown their sorrows. They end up meeting two girls, Natalie (Olivia Thirlby) and Anne (Rachael Taylor), and the boys manage to get a few words in before they realize the city is under attack.

The first alien assault is impressive, as we’re not quite sure what’s going on, but dying for the explanation that is sure to come! A classic action sequence shows humans being fried to dust by invisible alien life forms that have come down to the planet to suck Earth’s energy. It’s after the attack that the film loses momentum and goes downhill.

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In the late 1960s there were young people in college and starting families, young people far from home fighting and dying for the sovereignty of our allies in Vietnam, young people just starting to see results from their brave and noble fight for Civil Rights, and then there were the dirty, filthy hippies – the most spoiled, narcissistic, ungrateful species in the history of mankind – whose legacy of drug addiction, STDs, the misery of single motherhood and 2 million left dead on the Killing Fields of Cambodia, still reverberates forty years on.

Ang Lee’s “Taking Woodstock,” a halfway competent but ultimately erratic, unfocused story of how “three days of peace and music” came to the small town of White Lake, New York and changed for the better the lives of those who embraced “the spirit,” not only celebrates the drug abuse and loveless sex that defined the “Woodstock Generation,” but goes beyond caricatures and into outright anti-Semitism to condemn those who didn’t.

Elliot Tiber (Demetri Martin), a young Jewish man in his early twenties, once again abandons his work as a struggling Greenwich Village artist to help his elderly parents (two Jewish stereotypes played by Henry Goodman and Imelda Staunton) through another summer season in the Catskills. Their “resort,” a filthy, dilapidated motel, is about to be foreclosed on and probably should be, but Elliott convinces an exasperated banker to give him one more season. But foreclosure is inevitable and Elliot knows it, and while his friends go to San Francisco with flowers in their hair, his dreams take a back seat to this annual guilt trip sponsored by his overbearing mother. (more…)

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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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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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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Liam Neeson is officially a full-fledged action star. The Irish-born actor has often played heroes, whether it was Oskar Schindler in Steven Spielberg’s masterpiece Schindler’s List, the wise Qui-Gon Jinn in Star Wars: Episode I – The Phantom Menace or determined sex researcher Alfred Kinsey in 2005’s biopic Kinsey, Neeson has always had a knack for playing the earnest-but-flawed good guy. In his new movie Taken (Fox), writer/producer Luc Besson and director Pierre Morel have turned him into a Dad with the “mad skills” of a super-spy – think Mike Brady crossed with Jason Bourne.

The result is a well-reviewed (56% Fresh on Rotten Tomatoes) action film that will help to satisfy blockbuster-hungry audiences waiting for Warner Bros’ Watchmen (due March 6). Taken has scored big on its opening weekend. After grabbing an estimated $9.4M, the movie surged on Saturday to $11.62M (up almost 24% from opening day) and, despite today’s Super Bowl, the film could reach $24.62M according to studio estimates. That will be more than enough to win the Super Bowl 3-day, and positive word-of-mouth could get this one into the $70M-$75M range domestic.

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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…)