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.

Does Streep's upset of Winslet at the SAG Awards set the stage for Meryl's third Oscar win?

Kate Winslet is on the cover of Time Magazine, and she has picked up a wheelbarrow full of hardware during this awards cycle, but a fair number of voters got their fill of Kate when she pulled off the double-win at the Golden Globes. My upset special is Meryl Streep for Doubt (Miramax). This is her 15th career nomination, and she has not won an Academy Award in 25 years (Sophie’s Choice in 1982). That is too long for the most-revered actress in history to go without getting one of those golden guys. Streep won the SAG Award for Lead Actress, and I think she has a real shot here. (It would be a huge upset.)

Finally if my predix hold up, The Curious Case of Benjamin Button (Paramount) would win only 2 Oscars – Best Visual Effects and Best Makeup – despite 13 nominations. That would be the fewest wins for any movie with 13 or more nominations. In fact, 2 wins would be among the poorest showings ever for a movie with 11 nominations or more.

Tied for the biggest shutout in Oscar history; Benjamin Button could win for Makeup and Visual Effects

FEWEST OSCAR WINS FOR MOVIES WITH 11 NOMINATIONS OR MORE
1. The Color Purple – 0 wins (11 nominations)
2. The Turning Point – 0 wins (11 nominations)
3. Chinatown – 1 win (11 nominations)
4. Johnny Belinda – 1 win (12 nominations)
5. Becket – 1 win (12 nominations)
6. Mr. Smith Goes to Washington – 1 win (11 nominations)
7. Pride of the Yankees – 1 win (11 nominations)
8. The Curious Case of Benjamin Button – 2 wins (13 nominations) – predicted
9. Rebecca – 2 wins (11 nominations)
10. Sergeant York – 2 wins (11 nominations)
11. A Passage To India – 2 wins (11 nominations)
12. Judgement at Nuremberg – 2 wins (11 nominations)

After weeks of obsessive study, relentless debate and intense soul-searching, here are my final Oscar predictions for all 24 categories.

BEST PICTURE
My Pick – Slumdog Millionaire
Consensus Pick – Slumdog Millionaire
Dark Horse – Milk

BEST ACTOR
My Pick – Mickey Rourke, The Wrestler
Consensus Pick – Sean Penn, Milk or Rourke
Dark Horse – None

BEST ACTRESS
My Pick – Meryl Streep, Doubt
Consensus Pick – Kate Winslet, The Reader
Dark Horse – Anne Hathaway, Rachel Getting Married

BEST SUPPORTING ACTOR
My Pick – Heath Ledger, The Dark Knight
Consensus Pick – Heath Ledger, The Dark Knight
Dark Horse – None

BEST SUPPORTING ACTRESS
My Pick – Penelope Cruz, Vicky Cristina Barcelona
Consensus Pick – Penelope Cruz, Vicky Cristina Barcelona
Dark Horse – Marisa Tomei, The Wrestler

BEST DIRECTOR
My Pick – Danny Boyle, Slumdog Millionaire
Consensus Pick – Danny Boyle, Slumdog Millionaire
Dark Horse – David Fincher, The Curious Case of Benjamin Button

Milk screenwriter Justin Lance Black

BEST ORIGINAL SCREENPLAY
My Pick – Dustin Lance Black, Milk
Consensus Pick – Andrew Stanton, WALL-E
Dark Horse – Martin McDonagh, In Bruges

BEST ADAPTED SCREENPLAY
My Pick – Simon Beaufoy, Slumdog Millionaire
Consensus Pick – Simon Beaufoy, Slumdog Millionaire
Dark Horse – David Hare, The Reader

BEST EDITING
My Pick – Slumdog Millionaire
Consensus Pick – Slumdog Millionaire
Dark Horse – Frost/Nixon

BEST CINEMATOGRAPHY
My Pick – Anthony Dod Mantle, Slumdog Millionaire
Consensus Pick – Anthony Dod Mantle, Slumdog Millionaire
Dark Horse – Wally Pfister, The Dark Knight

BEST ART DIRECTION
My Pick – The Dark Knight
Consensus Pick – The Curious Case of Benjamin Button
Dark Horse – The Duchess

BEST SOUND MIXING
My Pick – The Dark Knight
Consensus Pick – The Dark Knight
Dark Horse – Slumdog Millionaire

BEST SOUND EDITING
My Pick – Slumdog Millionaire
Consensus Pick – Slumdog Millionaire
Dark Horse – The Dark Knight

BEST COSTUME DESIGN
My Pick – The Duchess
Consensus Pick – The Duchess
Dark Horse – The Curious Case of Benjamin Button

BEST ORIGINAL SCORE
My Pick – A.R. Rahman, Slumdog Millionaire
Consensus Pick – A. R. Rahman, Slumdog Millionaire
Dark Horse – Alexandre Desplat, The Curious Case of Benjamin Button

BEST FOREIGN LANGUAGE FILM
My Pick – Waltz with Bashir
Consensus Pick – Waltz with Bashir
Dark Horse – The Class

BEST DOCUMENTARY FEATURE
My Pick – Man on Wire
Consensus Pick – Man On Wire
Dark Horse – Trouble the Water

BEST ANIMATED FEATURE
My Pick – WALL-E
Consensus Pick – WALL-E
Dark Horse – Kung Fu Panda

BEST VISUAL EFFECTS
My Pick – The Curious Case of Benjamin Button
Consensus Pick – The Curious Case of Benjamin Button
Dark Horse – The Dark Knight

BEST MAKEUP
My Pick – The Curious Case of Benjamin Button
Consensus Pick – The Curious Case of Benjamin Button
Dark Horse – The Dark Knight

BEST ORIGINAL SONG
My Pick – Jaiho from Slumdog Millionaire
Consensus Pick – Jaiho from Slumdog Millionaire
Dark Horse – Peter Gabriel, Down to Earth from WALL-E

BEST LIVE ACTION SHORT
My Pick – Toyland (Spielzeugland)
Consensus Pick – Auf der Strecke
Dark Horse – The Pig

BEST ANIMATED SHORT
My Pick – Presto
Consensus Pick – La Maison en Petits Cubes
Dark Horse – This Way Up

BEST DOCUMENTARY SHORT
My Pick – The Conscience of Nhem En
Consensus Pick – The Witness
Dark Horse – The Final Inch

Steve Mason is on Facebook and now also on Twitter.

Gays deserve equal rights. As a human being, that’s the only position I can possibly hold. However, you can be in complete solidarity with the cause of gay rights and not care much for Milk. (Whether you will be allowed to claim that distinction sincerely is yet another question. During the last election, Slate’s Jacob Weisberg wrote that the only reason you might oppose Obama is that you are a bigot. Is that the only reason one might dislike the similarly politically correct Milk?)

For most critics, their verdict on Milk—positive or negative—seems less their opinion of the picture than of gay rights. How else to explain a 93 percent rating on Rotten Tomatoes for what is essentially a well-produced, cause-driven movie of the week?

Milk often lapses into hagiography—the biography of a saint. A more compelling picture would have vigorously illustrated Harvey Milk’s fears and errors; the lack of much other than praise yields a cardboard cutout and not an individual of depth and doubt. Similarly, Harvey Milk’s assassain, Dan White, is presented as a cartoonish stand-in for all Christians. Yet there are gay Christians in this world—surely Harvey Milk himself knew some. Christians will be mightily offended to see their faith smeared under a single broad stroke—just as gays are sickened at movies and TV shows that reduce them to fey stereotype.

Which, ironically, seems to happen here. The hallmark of Sean Penn’s Harvey Milk is a collection of stereotypically mincing affectations which, had they been presented in a film not made by a gay director and aimed directly at gay sympathies, would have had studio executives begging forgiveness and burning the negatives.

Milk falls short in all those details as it falls short overall: Charged with the difficult task of infusing drama into ballot initiatives and minor campaigns for office, the picture often becomes a posed exchange of platitudes that no one says aloud outside of a high-school civics class.

(Oh–and what’s the deal with the over-the-top promotional campaign all last fall for mostly-unknown screenwriter Dustin Lance Black? Who’s that for? Weirdest thing I’ve ever seen in movie advertising, ever. Ever.)

Harvey Milk did some good and important things. Lest conservatives forget, his campaign against Proposition 6 was supported by no less a luminary than Ronald Reagan. Milk died far too young, and at the hands of an unstable, evil individual who got off with a slap on the wrist. Those are the facts, and they deserve consideration separate from the entertainment and artistic value of the picture that bears his name.

Milk the movie is valuable and important and necessary and, in a narrow way, interesting. Plumbing is necessary, too. Doesn’t mean I want to watch it for two hours.

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.

Question: Who will win Best Picture? Answer: Still, SLUMDOG MILLIONAIRE

BEST PICTURE
Slumdog Millionaire – 1/7
The Curious Case of Benjamin Button – 6/1
Milk – 20/1
Frost/Nixon – 30/1
The Reader – 50/1

VALUE: I believe that in order to win an Academy Award, passion is required. Slumdog Millionaire has a passionate zeal among its supporters that will make it virtually unbeatable. Although I have made The Curious Case of Benjamin Button the second choice here, I give it very little chance of winning. It has major studio backing (Paramount), and it is certainly well-respected, but it is more admired than loved. So, for me the betting value is in Milk. Aside from Slumdog, it is the movie with the largest bloc of zealous fans. Gay and gay-friendly Academy members love the movie, and in the shadow of the passage of Proposition 8 in California, Milk is worth a $2 bet at the window.

Sean Penn's portrayal of Harvey Milk is now a decided underdog to Mickey Rourke

BEST ACTOR
Mickey Rourke, The Wrestler – 1/2
Sean Penn, Milk – 3/2
Frank Langella, Frost/Nixon – 10/1
Brad Pitt, The Curious Case of Benjamin Button – 25/1
Richard Jenkins, The Visitor – 35/1

VALUE: After colorful, rambling, verging on obscene acceptance speeches at both the Golden Globes and the BAFTA Awards, Mickey Rourke is the true favorite for Best Actor. Rourke has also campaigned hard, paying the paying the price for that Golden Globe win by schmoozing each and every one of those 95 Hollywood Foreign Press members. Penn just doesn’t play that awards campaign game at all, but actors love him. The only real betting value here is Penn, who still has a chance of winning his second Oscar.

It has been 25 years since Mery Streep won an Oscar

BEST ACTRESS
Kate Winslet, The Reader – 1/2
Meryl Streep, Doubt – 5/2
Anne Hathaway, Rachel Getting Married – 4/1
Angelina Jolie, Changeling – 25/1
Melissa Leo, Frozen River – 35/1

VALUE: It is Kate Winslet’s year. Just ask anybody. She has two outstanding awards-caliber performances in The Reader and Revolutionary Road. If rules would have allowed, she might have been nominated twice in the Best Actress category. She’s 0-fer-5 lifetime at the Academy Awards and deserves to win, but she can be beaten. Jolie and Leo have no shot. Hathaway is the 3rd choice in the field, and a win is not inconceivable, but Streep is the value bet. The undisputed greatest living actress has not won an Oscar in 25 years, despite the fact that this is her eleventh nomination since winning for Sophie’s Choice in 1983.

Ledger is a lock

BEST SUPPORTING ACTOR
Heather Ledger, The Dark Knight – 1/100
Josh Brolin, Milk – 20/1
Robert Downey, Jr., Tropic Thunder – 25/1
Phillip Seymour Hoffman, Doubt – 30/1
Michael Shannon, Revolutionary Road – 50/1

VALUE: None. There is no value in this category. Heath Ledger will win Best Supporting Actor posthumously. If you are unfamiliar with how odds work, 1/100 means that you would have to bet $100 to win just $1, and even then, it would be tough to get anybody to take your wager.

Marisa Tomei's "stripper with a heart of gold" in THE WRESTLER may earn her a second Oscar

BEST SUPPORTING ACTRESS
Penelope Cruz, Vicky Cristina Barcelona – 1/2
Viola Davis, Doubt – 3/1
Marisa Tomei, The Wrestler – 5/1
Amy Adams, Doubt – 12/1
Taraji P. Henson, The Curious Case of Benjamin Button – 15/1

VALUE: This is, by far, the most competitive of the major awards. The longest shot in the field, Taraji P. Henson from Ben Button, is only a 15-1 longshot. Woody Allen has a knack for helping actresses win in this category (ask Dianne Wiest , who scored for both Hannah and Her Sisters and Bullets Over Broadway). That points to a win for Penelope Cruz, who was raw and sexy as Maria Elena in Vicky Cristina Barcelona. Davis can certainly win for her fleeting-but-powerful turn in Doubt, but my value bet is Marisa Tomei. Her first win, for My Cousin Vinny, was viewed by many as a fluke. In fact, there is an urban legend that she really didn’t win. The story goes that Jack Palance, who presented that year, read the wrong name (the legend claims that Vanessa Redgrave was the actual winner for Howard’s End). In reality, there is no doubt that Tomei is an Oscar winning actress, who gives her career-best performance in The Wrestler.

The uncompromising David Fincher

BEST DIRECTOR
Danny Boyle, Slumdog Millionaire – 1/7
David Fincher, The Curious Case of Benjamin Button – 6/1
Gus Van Sant, Milk – 20/1
Ron Howard, Frost/Nixon – 25/1
Stephen Daldry, The Reader – 35/1

VALUE: Nobody is going to beat Danny Boyle, but if I was looking for a strong value bet, I would wager on Fincher. He is a visionary with some amazing movies on his resume, including Se7en, Fight Club and Zodiac. He has worked with countless actors and industry types, and his uncompromising nature makes him tough to like, but easy to respect. If there were an upset in this category, Fincher is the only guy who could pull it off.

Steve Mason is on Facebook and now also on Twitter.

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.

David Fincher's The Curious Case of Benjamin is the only 2009 Best Picture nominee to top $100M

The other four Best Picture noms are The Curious Case of Benjamin Button (Paramount), Milk (Focus), The Reader (Weinstein) and Frost/Nixon (Universal). I approached  Benjamin Button as a little kid might approach broccoli. (You’re not allowed to leave the table until you eat it, and it’s supposed to be good for you.) It’s very long, a bit pretentious, and not nearly as good as other David Fincher-directed films like Se7en and Zodiac. After opening strong, the movie is now fading despite 13 Oscar nominations, selling about $640,000 in tickets Friday for a likely $2.24M 3-day. The cume will be a respectable $120M by Monday, but how many people have you actually heard saying, “I love Benjamin Button!”

The Reader, Milk and Frost/Nixon are now on as many screens as they will ever be, and they are certainly not setting the world on fire. Here’s how the five movies nominated for Hollywood’s biggest prize are performing this weekend.

BOX OFFICE PERFORMANCE OF BEST PICTURE NOMINEES FEBRUARY 6-8
Slumdog Millionaire – $2.05M Friday – $7.4M 3-day – $77.4M cume
Benjamin Button – $640K Friday – $2.4M 3-day – $120M cume
The Reader – $605K Friday – $2.3M 3-day – $16M cume
Milk – $285K Friday – $1.1M 3-day – $25.2M cume
Frost/Nixon – $189K Friday – $753K 3-day – $15.6M cume

Aside from Slumdog Millionaire, there’s not much box office upside here. Ben Button is unlikely to reach $130M, while Milk will probably fall short of $30M. The Reader could add a possible $8M before its done, and Frost/Nixon won’t even get to $20M domestic.

Frank Langella and Michael Sheen in Frost/Nixon, unlikely to top $20M domestic

PROJECTED CUMES OF 2009 BEST PICTURE NOMINEES
Benjamin Button – $127M cume (projected)
Slumdog Millionaire – $95M cume (projected)
Milk – $29M cume (projected)
The Reader – $23M cume (projected)
Frost/Nixon – $19M cume (projected)
Combined projected cume: $293M

If those numbers hold, the 2009 awards season will have given us three of the six weakest performing Best Picture nominees of the last decade.

TOP 10 LOWEST GROSSING BEST PICTURE NOMINEES OF THE LAST DECADE
1. 2006 – Letters From Iwo Jima – $13.75M cume
2. 2009 – Frost/Nixon – $20M cume (projected)
3. 2009 – The Reader – $25M cume (projected)
4. 2005 – Capote – $28.75M
5. 1999 – The Insider – $29M
6. 2009 – Milk – $30M cume (projected)
7. 2005 – Good Night & Good Luck – $31.5M cume
8. 2002 – The Pianist – $32.5M cume
9. 2006 – Babel – $34.3M cume
10. 2008 – There Will Be Blood – $40.2M cume

Now just two weeks away, the 2009 Oscar ceremony could be a Waterloo of sorts for the Motion Picture Academy. First-time Oscar producers Bill Condon and Lawrence Mark have promised something daring. A re-imagining of the Academy Awards telecast, coming off last year’s all-time lowest ratings.

Hugh Jackman, the talented Australian actor, will serve as host. He previously won an Emmy for his hosting of the Tony Awards a few years back (Here’s his opening musical number from the broadcast.) Yes he can sing and dance, but can he overcome the lack of appeal of the movies that the Academy has chosen to honor?

As a hardcore movie fan, I will be watching, but the average American doesn’t care about enough of these movies to draw a substantial audience. This group of Best Picture nominees seems destined to be the second-least popular group of nominees in the past fifteen years with an ultimate combined cume of just $293M.

Thandie Newton and Matt Dillon in Best Picture winner Crash, which grossed $54.5M domestic

WEAKEST TOTAL GROSS FOR BEST PICTURE NOMINEES
- last 15 years -
1. 2005 – $245M
Crash, Brokeback, Capote, Good Night & Good Luck, Munich
2. 2009 – $293M (projected)
Slumdog, Ben Button, Frost/Nixon, Milk, The Reader
3. 2006 – $296M
Departed, Babel, Letters from Iwo Jima, Little Miss Sunshine, The Queen
4. 1996 – $306M
English Patient, Fargo, Jerry Maguire, Secrets & Lies, Shine
5. 2007 – $357M
No Country, Atonement, Juno, Michael Clayton, There Will Be Blood
6. 1993 – $368M
Schindler’s List, Fugitive, Name of the Father, The Piano, Remains of the Day
7. 1995 – $378M
Braveheart, Apollo 13, Babe, Il Postino, Sense & Sensibility
8. 2004 – $401M
Million Dollar Baby, Aviator, Finding Neverland, Ray, Sideways
9. 1998 – $440M
Shakespeare in Love, Saving Private Ryan, Life is Beautiful, Elizabeth, Thin Red Line
10. 1994 – $543M
Forrest Gump, Four Weddings & a Funeral, Pulp Fiction, Quiz Show, Shawshanke Redemption

I would love to be wrong. I’d love to believe that keeping the identities of presenters a secret, and a song-and-dance man from Down Under, and the sight of Brad and Angelina on the red carpet, and a gutsy, little independent movie from Mumbai, and a guarantee from producers that the show won’t exceed three hours, and the dramatic posthumous recognition for Heath Ledger – that it will all work to draw a huge television audience. But I am feeling more certain that ABC’s Oscars telecast this year may go down as the lowest rated ever.

Steve Mason is on Facebook and now also on Twitter.

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.

Prolific French filmmaker Luc Besson

Taken re-teams French action maestro Besson with director Morel, who previously worked together on the brilliant District B13 ($411K opening – $1.2M in the US – $6.9M in France). For the prolific Besson, this movie marks the all-time best US opening for one of his films.

ALL-TIME BEST DOMESTIC OPENINGS FOR LUC BESSON FILMS
- as producer, writer and/or director -
1. Taken (producer/writer) – $24.62M opening (projected)
2. The Fifth Element (writer/director) – $17M opening – $63.8M domestic
3. Transporter 2 (producer/writer) – $16.5M opening – $43M domestic
4. Kiss of the Dragon (producer/writer) – $13.3M opening – $36.8M domestic
5. Transporter 3 (producer/writer) – $12M opening – $31.7M domestic
6. The Transporter (producer/writer) – $9.1M opening – $25.2M domestic
7. Point of No Return (writer) – $7.1M opening – $30M domestic
8. The Messenger: The Story of Joan of Arc (producer/writer/director) – $6.3M opening – $14.2M domestic
9. The Professional (producer/writer/director) – $5.3M opening – $19.5M domestic
10. Arthur & the Invisibles (producer/writer/director) – $4.3M opening – $15.1M domestic

Besson has a tremendous international following, and Taken was already a hit before it ever opened in the US. The movie has already been released in many overseas territories, generating $68.8M in 2008. That includes $11.2M in the UK and $9.4M in France. With international numbers like that, it’s not a huge surprise that the picture is working so well in the states.

The irrepressible Paul Blart: Mall Cop (Sony) is headed for a #2 finish for the weekend. The Adam Sandler-produced comedy sold another $4.2M in tickets on its third Friday, and Kevin James has ridden that dopey Segway to another strong 3-day of about $14M. By Monday morning, PB:MC will have banked a stellar $83M.

Poster for the 1998 Japanese film Ringu

In 1998, Hollywood discovered a Japanese film called Ringu, and they have been remaking Asian horror films ever since. Director Gore Verbinski turned the get-under-your-skin creepy Ringu into an American version called, simply, The Ring, and that 2002 movie starring Naomi Watts grossed a spectacular $129M.

The latest Asian horror adaptation is The Uninvited (Dreamworks/Paramount), based on the 2003 South Korean thriller Janghwa, Hongryeon (released in the US as A Tale of Two Sisters). The movie was a sensation in Korea where it remains the all-time highest-grossing horror film, and now Elizabeth Banks (W.) and David Strathairn (Good Night and Good Luck) headline the American version. After grabbing a decent $4.3M to start the weekend, The Uninvited got a 9% Saturday bump, and it will likely finish the weekend in third-place with $10.51M.

That is slightly disappointing given the performance of some other recent Asian horror remakes. (Note these are all based on Japanese films with The Uninvited being the first South Korean adaptation.)

2002 – The Ring – $15M opening – $129.1M cume
2004 – The Grudge – $39.1M opening – $110.3M cume
2005 – The Ring Two – $35M opening – $76.2M cume
2005 – Dark Water – $9.9M opening – $25.4M cume
2006 – The Grudge 2 – $20.8M opening – $39.1M cume
2006 – Pulse – $8.2M opening – $20.2M cume
2008 – One Missed Call – $12.5M opening – $26.9M cume
2008 – The Eye – $12.4M opening – $31.4M cume
2009 – The Uninvited – $10.51M opening (projected)

In final studio estimates, Hotel for Dogs (Dreamworks/Paramount) has managed a surprise fourth-place finish with $8.7M for a new cume of $48.2M. Meanwhile, the Super Bowl has pushed Clint Eastwood’s Gran Torino (Warner Bros) to #5 with $8.6M. Walt Kowalski has now growled his way to an amazing $110.5M cume.

Slumdog Millionaire (Fox Searchlight) has received a nice boost from and its 10 Oscar nominations, adding another $7.58M. This micro-budgeted movie ($14M) which almost went straight to video when Warner bros didn’t quite know what to do wth it has grossed a staggering $67M. Also this weekend, director Danny Boyle has won the ultimate Oscar bellweather, the DGA award, and that may seal the deal for Best Picture and Best Director at the upcoming Academy Awards.

The other new wide release is the horribly-reviewed New In Town (Lionsgate), starring Academy Award winner Renee Zellweger. The romantic comedy that makes sport of small town America opened soft, but it could have been worse. The movie coaxed about $2.4M on Friday (#7 for the day), and Lionsgate says the movie will finish the weekend with $6.75M, enough for eighth place. That number marks only the eighth-best opening of Zellweger’s career.

ALL-TIME BEST RENEE ZELLWEGER OPENINGS
- non-animated –
1. Me, Myself & Irene – $24.2M opening
2, Cinderella Man – $18.3M opening
3. Jerry Maguire – $17M opening
4. Cold Mountain – $14.5M opening
5. Leatherheads – $12.6M opening
6. Bridget Jones’s Diary – $10.7M opening
7. Bridget Jones: The Edge of Reason – $8.6M opening
8. The Bachelor – $7.4M opening
9. Nurse Betty – $7.1M opening
10. New In Town -$6.75M opening (projected)

There is not much of an Oscar bounce for the current crop of Best Picture nominees. Stephen Daldry’s The Reader (Weinstein) and Milk (Focus) starring Sean Penn are the last two of the big five to go wide, and neither film has scored big.

David Kross and Kate Winslet in The Reader

The Reader, which has Academy Award nominations for Best Picture, Best Actress: Kate Winslet, Best Director: Daldry, Best Adapted Screenplay: David Hare and Best Cinematography, expanded to 1,002 locations on Friday and could only muster $700,000. That should project to about $2.37M or so for the 3-day and a new cume of $12.64M.

Meanwhile, the Gus Van Sant-directed Milk, which some pundits believe may be peaking with Academy voters at just the right time, will not be a box office juggernaut. Despite 8 Oscar nominations, Milk managed only a $471 Per Theatre Average on Friday on 882 screens. The first wide weekend for the Harvey Milk biopic will likely yield only $1.41M for a new domestic cume of $23.41M.

Golden Globe winner Sean Penn as slain gay rights leader Harvey Milk

In all, the five Best Picture nominees, now all in wide release, have combined for less than $17M for the weekend. By Monday, the five movies contending for Hollywood’s biggest prize have a combined total domestic gross of just $234M. I am projecting that Benjamin Button, Slumdog Millionaire, Milk, Frost/Nixon and The Reader will finish with a total of about $285M in US ticket sales, which would be the second-worst total of the last 15 years.

For example last year, the five Best Picture nominees grossed a combined $357M, so the 2009 crop will be down a full 20% from 2008. Snubbing movies like The Dark Knight and Gran Torino, Academy voters have narrowed the field to what amounts to a very expensive arthouse movie (Benjamin Button), a surprise crowd-pleaser (Slumdog Millionaire) and three niche art titles with very specific audiences (Milk, Frost/Nixon and The Reader). When the ratings for the Oscar telecast are dismal, the Academy will have its own voters to blame.

The worst combined gross of the five Best Picture nominees in the last 15 years was in 2005 when Crash, Brokeback Mountain, Capote, Good Night & Good Luck and Munich generated $245M at the box office. That resulted in the all-time third-worst television rating for the Academy Awards broadcast.

EXCLUSIVE STEVE MASON EARLY FRIDAY ESTIMATES
1. NEW – Taken (Fox) – $9.4M, $2,953 PTA, $9.4M cume
2. NEW – The Uninvited (Dreamworks/Paramount) – $4.3M, $1,834 PTA, $4.3M cume
3. Paul Blart: Mall Cop (Sony) – $4.2M, $1,310 PTA, $73.57M cume
4. Gran Torino (Warner Bros) – $2.6M, $862 PTA, $104.54M cume
5. Underworld: Rise of the Lycans (Sony) – $2.55M, $867 PTA, $28.13M cume
6. NEW – New in Town (Lionsgate) – $2.4M, $1,236 PTA, $2.4M cume
7. Slumdog Millionaire (Fox Searchlight) – $2.3M, $1,630 PTA, $61.86M cume
8. Hotel For Dogs (Dreamworks/Paramount) – $2M, $633 PTA, $41.52M cume
9. My Bloody Valentine 3-D (Lionsgate) – $1.5M, $1,067 PTA, $41.84M cume
10. Bride Wars (Fox) – $1.25M, $630 PTA, $51.61M cume
11. The Curious Case of Benjamin Button (Paramount) – $1.1M, $517 PTA, $114.02M cume
12. Inkheart (Warner Bros) – $975,000, $367 PTA, $10.06M cume
13. Revolutionary Road (Dreamworks/Paramount) – $850,000, $789 PTA, $14.22M
14. Defiance (Paramount Vantage) – $775,000, $466 PTA, $21.07M cume
15. The Wrestler (Fox Searchlight) – $730,000, $1,011 PTA, $11.46M cume
16. The Reader (Weinstein) – $700,000, $699 PTA, $10.97M cume
17. Notorious (Fox Searchlight) – $590,000, $546 PTA, $33.9M cume
18. Frost/Nixon (Universal) – $425,000, $385 PTA, $13.33M cume
19. Milk (Focus Features) – $415,000, $471 PTA, $22.39M cume

EXCLUSIVE STEVE MASON EARLY 3-DAY ESTIMATES
1. NEW – Taken (Fox) – $24.62M, $7,736 PTA, $24.62M cume
2. Paul Blart: Mall Cop (Sony) – $14M, $4,367 PTA, $83.37M cume
3. NEW – The Uninvited (Dreamworks/Paramount) – $10.51M, $4,485 PTA, $10.51M cume
4. Hotel For Dogs (Dreamworks/Paramount) – $8.7M, $3,160 PTA, $48.22M cume
5. Gran Torino (Warner Bros) – $8.6M, $2,852 PTA, $110.54M cume
6. Slumdog Millionaire (Fox Searchlight) – $7.68M, $4,703 PTA, $67.24M cume
7. Underworld: Rise of the Lycans (Sony) – $7.2M, $2,447 PTA, $32.78M cume
8. NEW – New in Town (Lionsgate) – $6.75M, $3,478 PTA, $6.75M cume
9. My Bloody Valentine 3-D (Lionsgate) – $4.26M, $3,030 PTA, $44.6M cume
10. Inkheart (Warner Bros) – $3.7M, $1,394 PTA, $12.79M cume
11. The Curious Case of Benjamin Button (Paramount) – $3.61M, $1,698 PTA, $116.54M cume
12. Bride Wars (Fox) – $3.57M, $1,798 PTA, $53.93M cume
13. Revolutionary Road (Dreamworks/Paramount) – $2.65M, $2,469 PTA, $16.03M
14. Defiance (Paramount Vantage) – $2.53M, $1,524 PTA, $22.83M cume
15. The Reader (Weinstein) – $2.37M, $2,369 PTA, $12.64M cume
16. The Wrestler (Fox Searchlight) – $2.35M, $3,255 PTA, $13.08M cume
17. Notorious (Fox Searchlight) – $1.7M, $1,574 PTA, $35M cume
18. Milk (Focus) – $1.41M, $1,603 PTA, $23.41M cume
19. Frost/Nixon (Universal) – $1.39M, $1,265 PTA, $14.31M cume

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.

TO-DATE BOX OFFICE FOR 2009 BEST PICTURE NOMINEES
The Curious Case of Benjamin Button – $104.3M
Slumdog Millionaire – $44.7M
Milk – $20.6M
Frost/Nixon – $8.9M
The Reader – $8M

How many average moviegoers and potential Oscar viewers have “skin in the game?” Based on the current average US ticket price ($7.15), only about 26 million Americans have seen Hollywood’s big five so far.

Yes, I think The Dark Knight should be a Best Picture nominee. It is absolutely one of my five favorite movies of 2008, and I believe it to be a masterpiece. Artistic excellence and blockbuster status are not mutually exclusive. I believe that one of the reasons Christopher Nolan’s comic book sequel soared past $500M US is that it struck a very real cultural chord with audiences.

There was talk that this comic book adaptation was too dark, but it is actually a relentlessly optimistic movie. What Heath Ledger’s Joker character demonstrates is that, even when the world is in shambles and people are faced with impossibly difficult choices, they do the right thing. The message of TDK is that regular people, at their core, are good. We need more movies like that right now.

I also believe that Clint Eastwood’s Gran Torino, although not a perfect movie, should not have been snubbed entirely. No Best Actor for Eastwood’s turn as the irascible Walt Kowalski, and not even a Best Original Song nomination for co-writing the heartfelt theme song with his son Kyle and jazz vocalist Jamie Cullum. Gran Torino, by the way, with a to-date cume of $79.8M, has grossed more than all of the Best Picture nominees except Benjamin Button.

Other snubs that will depress the viewing audience include Best Original Song contenders, Bruce Springsteen (The Wrestler), Miley Cyrus (Bolt), Beyonce (Cadillac Records) and Alicia Keyes (Quantum of Solace). I have yet to get a good answer about why the Academy narrowed the category to just three nominees. If Bruce Springsteen is big enough for the halftime show at Super Bowl 43, he must be big enough for Hollywood’s biggest night, and if there were the usual five nominations here, Springsteen would have certainly been among them.

A disastrously low 31.76M viewers watched last year’s Oscar show for an all-time worst 18.6 Nielsen rating. Last year’s Best Picture nominees combined to gross $357.9M. This year, the five nominees will be lucky to combine for more than $300M domestic. How much lower can the TV ratings get?

There is a growing divide between what Academy voters view as film excellence and what audiences actually want to see. That’s not to say that all Best Picture nominees should be blockbusters, but they should include some true, crowd-pleasing hits. If you look at this list, it’s pretty clear where the Oscars came off the rails.

1993
Best Picture – Schindler’s List – $96M cume
Combined domestic box office of the 5 Best Picture nominees – $368.4M
Total Oscar telecast viewers – 46.2M

1994
Best Picture – Forrest Gump – $329.7M cume
Combined domestic box office of the 5 Best Picture nominees – $543.5M
Total Oscar telecast viewers – 46.26M

1995
Best Picture – Braveheart – $75.6M cume
Combined domestic box office of the 5 Best Picture nominees – $378.1M
Total Oscar telecast viewers – 44.5M

1996
Best Picture – The English Patient – $78.6M cume
Combined domestic box office of the 5 Best Picture nominees – $306.5M
Total Oscar telecast viewers – 40.8M

1997
Best Picture – Titanic – $600.8M cume
Combined domestic box office of the 5 Best Picture nominees – $998.2M
Total Oscar telecast viewers – 57.2M

1998
Best Picture – Shakespeare in Love - $100.3M cume
Combined domestic box office of the 5 Best Picture nominees – $440.9M
Total Oscar telecast viewers – 45.6M

1999
Best Picture – American Beauty – $130M cume
Combined domestic box office of the 5 Best Picture nominees – $647M
Total Oscar telecast viewers – 46.5M

2000
Best Picture – Gladiator – $187.7M cume
Combined domestic box office of the 5 Best Picture nominees – $637M
Total Oscar telecast viewers – 42.9M

2001
Best Picture – A Beautiful Mind – $170.7M cume
Combined domestic box office of the 5 Best Picture nominees – $620.1M
Total Oscar telecast viewers – 40.5M

2002
Best Picture – Chicago – $170.6M cume
Combined domestic box office of the 5 Best Picture nominees – $664.5M
Total Oscar telecast viewers – 33M

2003
Best Picture – Lord of the Rings: Return of the King – $377M cume
Combined domestic box office of the 5 Best Picture nominees – $725.9M
Total Oscar telecast viewers – 43.5M

2004
Best Picture – Million Dollar Baby – $100.5M cume
Combined domestic box office of the 5 Best Picture nominees – $401.6M
Total Oscar telecast viewers – 42.1M

2005
Best Picture – Crash – $54.5M cume
Combined domestic box office of the 5 Best Picture nominees – $245.3M
Total Oscar telecast viewers – 38.9M

2006
Best Picture – The Departed – $132.3M cume
Combined domestic box office of the 5 Best Picture nominees – $296.7M
Total Oscar telecast viewers – 39.9M

2007
Best Picture – No Country For Old Men – $74.2M cume
Combined domestic box office of the 5 Best Picture nominees – $357.9M
Total Oscar telecast viewers – 31.7M

In 1997, there were three $100M grossing movies including Titanic ($600.7M cume). Over the next seven awards cycles, there were at least two $100M grossers in each Best Picture field, and in 2000 there were four hits of that magnitude.

Then came 2005, when the five Best Picture nominees combined to gross just $245M.

BOX OFFICE FOR 2005 BEST PICTURE NOMINEES
Crash – $54.5M
Brokeback Mountain – $83M
Capote – $28.75M
Good Night and Good Luck – $31.5M
Munich – $47.4M

The disconnect between the Oscars and rank-and-file movie fans started in 2005. This is where the Academy Awards “came off the rails.” Only 38.9M viewers watched that telecast, and the Academy has continued marching to the beat of that noncommercial drummer ever since. In the final analysis, 17 of the last 20 Best Picture nominees (including the just announced group) have failed to break the $100M threshold. Unless the Academy figures out a way to give more rank-and-file moviegoers “skin in the game,” the ratings slide will continue. My hunch is that the 2009 Oscar telecast will be the lowest rated in history.

Steve Mason is on Facebook and now also on Twitter.

The weekend box office battle boils down to Jim Carrey vs. Will Smith. This is a match-up between the former “World’s Biggest Box Office Star” and the reigning champ, and I am giving a slight advantage to the challenger. Either Yes Man (Warner Bros) or Seven Pounds (Sony) could score the weekend-before-Christmas win, but I am predicting a victory for Carrey.

These are two of the most successful movie stars in history. Only Tom Hanks, Tom Cruise and Eddie Murphy have more $100M hits on their resume than Will Smith with 12, and Carrey is only one behind at 11 blockbusters to clear the magical threshold.

MOST $100M+ HITS IN A CAREER
-including animated films & excluding cameos -
1. Tom Hanks – 15
2. Tom Cruise – 14
3. Eddie Murphy – 13
4. Will Smith – 12
4. Harrison Ford – 12
6. Jim Carrey – 11
6. Robin Williams – 11
8. Mel Gibson – 10
9. Matt Damon – 9
10. Bruce Willis – 8
10. Jack Nicholson – 8

Will Smith, however, has done something unprecedented – a feat never done by the Toms – Hanks and Cruise. Hancock was his 8th consecutive $100M+ grossing blockbuster. Hanks and Cruise both had career-best streaks of 7 films topping $100M.

2002 – Men in Black II – $52.1M opening – $190.4M cume
2003 – Bad Boys II – $46.5M opening – $138.6M cume
2004 – I, Robot – $52.1M opening – $144.8M cume
2004 – Shark Tale – $47.6M opening – $160.8M cume
2005 – Hitch – $43.1M opening – $179.4M cume
2006 – The Pursuit of Happyness – $26.5M opening – $163.5M cume
2007 – I Am Legend – $77.2M opening – $256.4M cume
2008 – Hancock – $62.6M opening – $227.9M cume

For comparison, 5 of Carrey’s past 8 films have scored at least $100M domestic, including this year’s animated Dr. Suess’ Horton Hears a Who! ($154.5M cume), but he has veered away from the purely commercial with 2001’s poorly-reviewed drama The Majestic ($27.8M cume), the Academy Award winning Eternal Sunshine of the Spotless Mind ($24.4M cume) in 2004 and 2007’s misguided horror release The Number 23 ($35.1M cume).

Neither picture is getting help from critics with Yes Man at 35% Fresh on Rotten Tomatoes and Seven Pounds registering a meager 30% Fresh as of Thursday night. Given the generally poor notices, I say Yes Man wins for 3 reasons:

1. More playdates 3,434 to 2,758
2. Tone – People are more interested in a couple of laughs than they are in a “heavy” spiritual message, even if it is generally optimistic
3. Warner Bros can do no wrong in 2008
4. Will Smith backlash

Lou Lumenick from the New York Post points out on his blog that on November 4, Will was informed by his 16-year old son that the Presidential race was over. The first-ever election of an African American to be the Leader of the Free World hadn’t reached the rarified air of the World’s Biggest Movie Star. Lumenick says he can’t imagine Paul Newman, a great movie star and philanthropist, ever being that out-of-touch with what’s important in the life of everyday people.

And there’s the brutally scathing Todd McCarthy review in Variety who rips Seven Pounds for its pretentiousness and self-importance. He reports that Smith doesn’t shy away from, “the saintlike status conferred upon his character. Indeed, he embraces it in a way so convincing that it proves disturbing as an indication of how highly this or any momentarily anointed superstar may regard himself.”

Just because media types think Will is a little “full of himself,” does not mean that the rank-and-file moviegoer will agree. In Australia, there is something called “Tall Poppy Syndrome.” As my always-credible friends at Wikipedia say, “Someone is said to be a target of ‘Tall Poppy Syndrome’ when his or her assumption of a higher economic, social or political position is criticized as being presumptuous, attention seeking, or without merit.”

Then again, it may all be a case of sour grapes. When a star of Smith’s caliber takes a risk – and make no mistake, this is a risky, challenging film – he should be accorded some respect for his effort. Let’s face it. If Will Smith wanted to crank out generic action movies for the rest of his life, Hollywood would give him big bags of money.

I believe that, even though Seven Pounds may not win its opening weekend, its heart wrenching-yet-hopeful story will connect with enough moviegoers to make it Will’s 9th consecutive $100M-grossing movie, which would be the 13th of his career. My final prediction is for a $24.78M opening. Meanwhile, the cheerful, if-not-hilarious high-concept comedy of Yes Man could win the weekend with a possible $26.35M.

Meanwhile, the other new wide release is Universal’s animated Tale of Despereaux, receiving fair-to-middling reviews as of Thursday night (43% Fresh on Rotten Tomatoes). With Madagascar: Escape 2 Africa nearing the end of its run and Bolt tailing off, industry tracking points to an opening in the mid-teens for Despereaux. My final call is for about $15.19M, which could set it up for a decent little Christmas week run.

Fox’s holdover The Day the Earth Stood Still will crash-and-burn this weekend, possibly dropping by as much as 67% for a disastrous $10.11M and a 10-day cume of only $48.6M. Close-behind at #5 will be Four Christmases (Warner Bros), which may drop as little as 25% to a possible $9.75M. By Monday morning, the Vince Vaughn-Reese Witherspoon holiday comedy will pass the $100M mark.

Among the specialty releases, Slumdog Millionaire (Fox Searchlight) adds 420 locations and may deliver as much as $4.64M. Danny Boyle’s modern masterpiece is riding a huge wave of acclaim including Golden Globe nominations for Best Picture – Drama and Best Director and SAG Awards nominations for Best Ensemble and Best Supporting Actor: Dev Patel. No company is better at the “science” of a platform release than Searchlight, and I am forecasting a PTA of $7,891 for this gutty little Best Picture contender.

Other award favorites expand to varying degrees. Milk (Focus) adds 28 locations and could reach $2.8M for a $7,876 PTA. Miramax’s excellent Doubt, with Golden Globe and SAG Award nominations for Meryl Streep, Phillip Seymour Hoffman, Amy Adams and Viola Davis, expands to 39 playdates, and I am anticipating just over $1M for a Per Theatre Average of $27,341. Clint Eastwood’s Gran Torino (Warner Bros), which won him the National Board of Review’s Best Actor notice, but has been completely shut out of major categories at the Golden Globes and SAG Awards, adds 13 carefully chosen screens. I am calling for about $687,000 by Monday with a PTA of just over $36,000.

Oscar contenders Frost/Nixon (Universal) and The Reader (Weinstein) are holding off on expansion until Christmas Day. Powered by Frank Langella’s remarkable performance, Frost/Nixon seems headed for a $14,600 or so weekend PTA while Stephen Daldry’s meditation on Germany’s sense of guilt over the Holocaust should deliver just over $16,000 per location.

The new limited release this week is the critically-hailed Darren Aronofsky-directed Mickey Rourke vehicle The Wrestler (Fox Searchlight). The movie opened on 4 screens Wednesday churning up an $11,732 PTA on opening day alone. There is clearly more-than-a-little anticipation for this unexpected awards contender, and it may achieve just over $310,000 in just 5 days. That would mean a 3-day Per Theatre Average of almost $58,000, just shy of the year’s best weekend PTA mark set by Frost/Nixon 2 weeks ago.

FINAL WEEKEND PREDICTIONS FOR THE WEEKEND OF 12/19
1. NEW – Yes Man (Warner Bros) – $26.35M
2. NEW – Seven Pounds (Sony) – $24.78M
3. NEW – Tale of Despereaux (Universal) – $15.19M
4. The Day the Earth Stood Still (Fox) – $10.11M
5. Four Christmases (Warner Bros) – $9.75M
6. Bolt (Disney) – $5.49M
7. Twilight (Summit) – $4.78M
8. Slumdog Millionaire (Fox Searchlight) – $4.64M
9. Milk (Focus) – $2.8M
10. Australia (Fox) – $2.57M
11. Quantum of Solace (Sony) – $2.24M
12. Madagascar: Escape 2 Africa (Dreamworks/Paramount) – $1.84M
13. Nothing Like the Holidays (Overture) – $1.69M
*Doubt (Miramax) – $1.06M
*Gran Torino (Warner Bros) – $687,000
*Frost/Nixon (Universal) – $602,000
*NEW – The Wrestler (Fox Searchlight) – $232,000
*The Reader (Weinstein) – $131,000