On Oct 29, 1:26 am, Fujikawa Yamamoto <am... at (no spam) now-flushed.org> wrote:
http://tinyurl.com/ykjpw9q
Plenty of Michael Jackson fans turned out for "This Is It" on Wednesday,
but Sony Pictures may have to wait until Friday to find out whether the
movie is a "Thriller" or "Bad" at the box office.
The documentary, a gamble for Sony that was assembled from more than 100
hours of video footage and rushed to the big screen after the singer's
death in June, sold $2.2 million worth of tickets domestically at
late-night screenings Tuesday, the studio reported.
According to industry executives who have been monitoring box-office
returns, "This Is It" was on track as of Wednesday evening to collect
$10 million to $12 million by the end of the day. A Sony spokesman
declined to comment.
Comparisons with other movies are difficult, given that only two major
films have been released in recent history by studios on a Wednesday
outside of summer or the holidays. "The Passion of the Christ," a
phenomenon that benefited from group purchases by churches, grossed
$26.6 million in February 2004, and "The Matrix Revolutions," the third
movie in a blockbuster trilogy, collected $24.3 million on its opening
Wednesday in November 2003.
Thus far, it's unclear whether "This Is It" will be a blockbuster. The
movie's big test will come Friday. Attendance today is expected to be
light because most hard-core Jackson fans will have seen it opening day..
Saturday will also be slow because it's Halloween, historically a dismal
day at the box office.
If word of mouth is strong and moviegoers beyond the most devoted
Jackson fans are interested, that probably will be evident in healthy
ticket sales Friday.
Industry executives estimate, based on early data, that the movie could
bring in anywhere from $30 million at the low end to $60 million at the
high end through Sunday. The studio spent $60 million to acquire the
rights and probably has spent tens of millions more on marketing.
Ultimately, however, domestic ticket sales may not be that important.
"This Is It" is expected to perform substantially better overseas, where
it could be a major hit regardless of how it does in the U.S. and
Canada.
Box-office figures from the 97 foreign countries where "This Is It"
opened simultaneously are not yet available.
--
Pissing good money after bad...
Spending sixty million dollars on the rights, whatever it cost to
splice a bunch of footage together into something (presumably)
coherent and say another twenty on marketing, they probably figure
it's worth a roll of the dice. It may be a dud but it may go crazy
too. Michael Jackson has a weird effect on a lot of people. Somebody
must not have a lot of faith in Michael's staying power to be rushing
it out this quickly though. Christmas would have been a better time to
release it and its only eight weeks away.- Hide quoted text -
- Show quoted text -
