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Weekend Review… 11/25-11/27

DICK WALSH's Industry Update

Harry Potter and the Desperate Movie Studio

Behind the stunning exit of Disney CEO Bob Chapek

Amazon Plans to Invest $1 Billion a Year in Movies for Theaters

THE MARK OF ZORRO Opens in New York City on 11/27/1920

AVATAR 2 Tracking Through Roof!

MARTIN GROVE's Hollywood Report

Box Office

11/25 - 11/27

Black Panther: Wakanda Forever

Coming Soon

Quiz

How many branches exist in the Academy of Motion Picture Arts and Sciences?

FIVE
NINE
SEVENTEEN
THIRTY

123456

Nonstop News:

IT WAS THANKSGIVING WEEKEND OF COLD TURKEY LEFTOVERS. WITH "STRANGE WORLD'S" BOXOFFICE FIZZLE AND NOTHING NEW OPENING TO BIG BUSINESS, THANKSGIVING MARKETPLACE CONTRACTED TO ABOUT $125M. THAT'S ABOUT HALF OF WHAT FIVE DAY HOLIDAY USED TO GENERATE AT BOXOFFICE. COMSCORE SAID THREE DAY WEEKEND WAS $85M, DOWN 17% FROM PRIOR WEEKEND AND UP 1% FROM COMPARABLE WEEKEND LAST YEAR. COMSCORE'S YEAR TO DATE TALLY SHOWS 2022 WITH $6.76B, UP 89% FROM $3.58B IN 2021. ...

THANKSGIVING'S ONLY WIDE FAMILY FRIENDLY RELEASE, "STRANGE WORLD," WAS WEEKEND'S BIGGEST DISAPPOINTMENT, GOING STRAIGHT TO BOXOFFICE DEEP FREEZE. WHILE "STRANGE" WAS ALWAYS ON TRACK TO OPEN SECOND, HOLLYWOOD HANDICAPPERS WERE ANTICIPATING AT LEAST $30M FOR FIVE DAYS. WHAT THEY GOT WAS JUST $18.6M AT 4,174 THEATRES. LAST THANKSGIVING DISNEY ANIMATION'S MUSICAL "ENCANTO" OPENED TO WHAT WAS SEEN THEN AS NOT-SO-GREAT $40.6M FOR FIVE DAYS -- AND THAT WAS WHILE COVID FEARS WERE STILL MAKING PEOPLE THINK TWICE ABOUT GOING TO MOVIES OR OTHER PUBLIC VENUES. "STRANGE," WHICH REPORTEDLY COST $180M TO PRODUCE, IS WEAK 73% WITH ROTTEN TOMATOES CRITICS. WORSE YET, AUDIENCES ARE HATING IT WITH 60%, SO WORD OF MOUTH SHOULD BE DEADLY. "STRANGE'S" FAILURE COMES DESPITE HAVING NO OTHER DIRECT COMPETITION FOR FAMILY AUDIENCES IN MARKETPLACE -- ALTHOUGH "WAKANDA" IS SAID TO HAVE BECOME THE DEFAULT FAMILY CHOICE. ...

"WAKANDA" TOPPED CHART FOR THIRD CONSECUTIVE WEEKEND WITH $64M FOR FIVE DAYS AT 4,258 THEATRES. MEDIA PUNDITS WERE ONLY PROJECTING $55-60M...AND SOME OF THAT OVERAGE COULD BE FROM FAMILY TICKET SALES. WITHOUT "WAKANDA" THANKSGIVING WOULD HAVE BEEN REALLY GRIM WEEKEND FOR EXHIBITORS. "WAKANDA'S" DOMESTIC CUME IS NOW VERY HEALTHY $367.7M. AUDIENCES LOVE IT ON ROTTEN TOMATOES AT 94%, WHICH SHOULD HELP PROP UP BOXOFFICE UNTIL "AVATAR: THE WAY OF WATER" OPENS 12/16 FROM DISNEY/20TH CENTURY. ...

SUCCESS OF NETFLIX'S PG-13 CRIME DRAMEDY "GLASS ONION: A KNIVES OUT MYSTERY," WITH DANIEL CRAIG BACK AS DETECTIVE BENOIT BLANC, IS PROOF AGAIN THAT MOVIES ARE PRODUCT DRIVEN BUSINESS. ANALYSTS EXPECTED $6-8M, BUT THIS "GLASS" WAS MUCH MORE FULL, OPENING THIRD TO WHAT HOLLYWOOD INSIDERS SAY IS $13.3M AT 600+ THEATRES FOR FIVE DAYS. SINCE NETFLIX DOESN'T REPORT BOXOFFICE DATA, WE DON'T HAVE CONFIRMED NUMBERS OR AN EXACT THEATRE COUNT. NONETHELESS, EXPERIMENT OF RELEASING "GLASS" TO THEATRES SHOWS THAT NETFLIX COULD EASILY TAP INTO THEATRICAL MARKETPLACE FOR SOME BADLY NEEDED NEW REVENUES. AT SAME TIME, NETFLIX WOULD HELP KEEP EXHIBITION ALIVE WHILE MAJOR STUDIOS ARE FAILING TO SUPPLY ENOUGH PRODUCT. ...

BY ONLY RUNNING "GLASS" IN THEATRES FOR ONE WEEK, NETFLIX IS CLEARLY GIVING UP SEVERAL HUNDRED MILLION DOLLARS IN THEATRICAL GROSSES -- A MOVE WALL STREET ISN'T LIKELY TO APPLAUD. FRANCHISE’S FIRST TITLE, "KNIVES OUT," OPENED VIA LIONSGATE 11/27/19 TO $26.8M. WENT ON TO GROSS $165.4M DOMESTIC & $147.5M INTERNATIONALLY FOR WORLDWIDE TOTAL OF $312.9M. NETFLIX THEN SPENT $450M TO ACQUIRE RIGHTS TO MAKE TWO SEQUELS. CRITICS LOVE "GLASS" WITH 93% ON ROTTEN TOMATOES WHILE AUDIENCES ARE ALSO 93%. GREAT REVIEWS & WORD OF MOUTH FROM ITS ONE WEEK THEATRICAL PREVIEW WILL MAKE "GLASS" MUCH STRONGER WANT-TO-SEE TITLE WHEN NETFLIX STARTS STREAMING IT 12/23. ...

FILM THAT LIKELY WOULD HAVE CONNECTED WITH FAMILIES WITH OLDER CHILDREN OVER THANKSGIVING IS UNIVERSAL/ AMBLIN ENTERTAINMENT'S BIO-DRAMA "THE FABELMANS"... STEVEN SPIELBERG'S LOOK BACK AT HIS OWN CHILDHOOD DAYS WHEN HE FIRST DISCOVERED MOVIEMAKING. BUT "FABELMANS" WAS ONLY PLAYING IN 638 THEATRES, WHERE IT DID $3.1M FOR FIVE DAYS. CRITICS ON ROTTEN TOMATOES ARE 93%, BUT AUDIENCES ARE 81%. FILM'S GREAT REVIEWS & SLOW ROLL OUT SHOULD BENEFIT ITS OSCAR OPPORTUNITIES, WHICH ARE ALREADY GENERATING BIG BUZZ FOR BEST PICTURE, DIRECTING, ORIGINAL SCREENPLAY & LEAD ACTRESS FOR MICHELLE WILLIAMS....

Headlines

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Gotham Awards: Winners List (Updating Live)

The Hollywood Reporter | Nov-29, 12:11 PM

Peru Undergoes Production Landscape Upgrade as ‘Transformers: Rise ...

Variety | Nov-29, 12:11 PM

Venice Film Festival Chief Alberto Barbera Celebrated With Gotham A...

Variety | Nov-29, 11:11 AM

Chilean Oscar Entry ‘Blanquita’ Acquired for the U.S. by Outsider P...

New Haven Register | Nov-29, 10:11 AM

Kate Hudson Absolutely Kills in ‘Glass Onion: A Knives Out Mystery’

Yahoo! News | Nov-29, 09:11 AM

Will Smith Shares Concern About Oscars Slap Tainting His Upcoming M...

International Business Times | Nov-29, 09:11 AM

Industry News

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Amazon Plans to Invest $1 Billion a Year in Movies for Th...

Nov 23, 2022

Behind the stunning exit of Disney CEO Bob Chapek

Nov 21, 2022

Specialty Films Forced to Expand Theater Count Sooner

Nov 18, 2022

Lions Gate Expects to Break Up Film Studio and Starz by S...

Nov 15, 2022

DICK WALSH's Industry Update

View More

Weekend Review… 11/25-11/27

Nov 27, 2022

Where Are We as of 11/24

Nov 26, 2022

Where Are We as of 11/17

Nov 20, 2022

Weekend Review… 11/18-11/20

Nov 20, 2022

MARTIN GROVE's Hollywood Report

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Awards Shows Losing TV Deals

Nov 26, 2022

AVATAR 2 Tracking Through Roof!

Nov 26, 2022

Will Other A-Listers Be Globes No-Shows Like Fraser?

Nov 19, 2022

MAVERICK Best Picture Nom Could Boost Oscars

Nov 19, 2022

GOWER STREET's Box Office Outlook

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Far From Golden: Mixed October Brings Black Adam, Strong ...

Nov 04, 2022

Content Gap: September Delivers Worst Monthly Global Box ...

Oct 06, 2022

After the Peak: Recovery Slows in August With a Global Bo...

Sep 03, 2022

Reaching A New Peak: July 2022 Scores Biggest Global Box ...

Aug 07, 2022

Film Flashback

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THE MARK OF ZORRO Opens in New York City on 11/27/1920

Nov 26, 2022

Goldwyn Pictures Founded on 11/19/1916

Nov 18, 2022

GOLDENEYE Premieres in N.Y. on 11/13/1995

Nov 12, 2022

HOW TO MARRY A MILLIONAIRE Premieres in L.A on 11/4/1953

Nov 03, 2022