Movie crowds dip to 16-year low as apathy lingers - High-Def Digest Forums
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Old 12-28-2011, 12:34 PM
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Default Movie crowds dip to 16-year low as apathy lingers

http://www.sfgate.com/cgi-bin/articl...a073720S08.DTL

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(12-28) 07:37 PST LOS ANGELES, (AP) --

An "Avatar" hangover accounted for Hollywood's dismal showing early this year, when revenues lagged far behind 2010 receipts that had been inflated by the huge success of James Cameron's sci-fi sensation.

Just what has kept the movie business in the dumps the rest of 2011 is anyone's guess.

A solid summer lineup helped studios catch up to 2010, but ticket sales flattened again in the fall and have remained sluggish right into what was expected to be a terrific holiday season.

The result: projected domestic revenues for the year of $10.15 billion, down 4 percent from 2010's, according to box-office tracker Hollywood.com. Taking higher ticket prices into account, movie attendance is off even more, with an estimated 1.275 billion tickets sold, a 4.8 percent decline and the smallest movie audience since 1995, when admissions totaled 1.26 billion.

"There were a lot of high-profile movies that just ended up being a little less than were hoped for," said Chris Aronson, head of distribution for 20th Century Fox, whose sequel "Alvin and the Chipmunks: Chipwrecked" has been part of an under-achieving lineup of family films for the holidays. "The fall was pretty dismal. There just weren't any real breakaway, wide-appeal films."

Big franchises still are knocking it out of the park. "Harry Potter and the Deathly Hallows: Part 2," the finale to J.K. Rowling's fantasy epic, was the year's biggest earner and the top-grossing film in the series at $381 million domestically and $1.3 billion worldwide.

"Transformers: Dark of the Moon" pulled in $352 million domestically and $1.1 billion worldwide, while "The Twilight Saga: Breaking Dawn — Part 1" has climbed to $271 million domestically and $650 million worldwide.

Other franchises did well in 2011 but came up short of their predecessors on the domestic front, among them "Pirates of the Caribbean: On Stranger Tides,""The Hangover Part II,""Kung Fu Panda 2,""Cars 2" and "X-Men: First Class."

Strong overseas business has helped make up for shrinking domestic revenues and declining DVD sales. But 2011 was the second-straight year that domestic attendance declined sharply, and audiences generally have been shrinking since 2002, when admissions hit a modern high of 1.6 billion.

It could be a case of the same-old same-olds, with fans growing tired of over-familiar characters and stories. It could be overcrowded weekends such as Thanksgiving, when studios loaded up on family films that cannibalized one another's audiences. It could be the economy, with fans growing more selective on how often they spend their spare cash to catch a movie, particularly at a time when so many films play in 3-D with premium ticket prices.

And it could be the times we live in, when audiences have so many gadgets to play with that they don't need to go to the movies as much as they once did.

"It's not any one thing. It's a little bit of everything," said Jeff Goldstein, general sales manager at Warner Bros., whose Robert Downey Jr. sequel "Sherlock Holmes: A Game of Shadows" has done solid business, yet is coming in well short of the first installment. "But consumers are being more specific with their choices on how to spend their money. The options are a little greater than they were a few years ago with gaming and social-networking opportunities."

The year's animated slate failed to produce a $200 million hit, the first time that's happened since 2005. Likewise, comic-book superheroes slipped in 2011, the genre unable to deliver a $200 million hit for only the second time in the last 10 years.

Even Adam Sandler, one of Hollywood's most-bankable stars, had a mixed year, managing a $100 million hit with "Just Go With It" but barely crossing $70 million with "Jack and Jill."
So I guess Blu-ray is responsible for this now too?
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Old 12-28-2011, 12:36 PM
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Like I said in another thread:

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All kind of pointless if Hollywood keeps putting out tons of shit though. A beautiful turd of a film on BD is still a turd of a film. We need better content.
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Old 12-28-2011, 12:40 PM
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Content is a big problem along with some of the other things discussed in the article. I had a ball getting high and going to see a movie when i was 16. I highly doubt that I would find a movie all that engaging at 16 nowadays, after having the internet piped directly to my room for most of my life.
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Old 12-28-2011, 12:45 PM
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Originally Posted by TheAnalogKid View Post
after having the internet piped directly to my room for most of my life.
http://www.youtube.com/watch?v=sdE0bm0TMkI
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Old 12-28-2011, 12:51 PM
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lol^

hilarious.

Yes, a shame young adults will never know whats its like to have to drive 50 or 100 miles out of your city to another just to buy a $50.00 VHS tape of bad pron that only gets watched once.
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Old 12-28-2011, 12:54 PM
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Well, we have to remember that over the last few years alternative forms of entertainment have grown significantly including the internet in general including facebook, etc, and of course video gaming has increased.

Now that generationally speaking, we are having more "gaming" generations in the film going segment and general consumer base, video games sell well and better each year just about, and we're looking at better performing genres in action/scifi/live action etc...
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Old 12-28-2011, 01:29 PM
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Quote:
Originally Posted by jiggawhat View Post
http://www.sfgate.com/cgi-bin/articl...a073720S08.DTL

So I guess Blu-ray is responsible for this now too?
Hey Jigga! Nice baiting! :shamebag1:
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Old 12-28-2011, 01:33 PM
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NYT

A Year of Disappointment at the Movie Box Office


By BROOKS BARNES
Published: December 25, 2011

LOS ANGELES — With five days left in 2011, ticket sales in North America are running about $500 million behind last year — despite higher prices — prompting a round of soul searching by studios trying to determine what went wrong and how best to proceed.


Jaap Buitendijk/Warner Brothers Pictures
“Harry Potter and the Deathly Hallows: Part 2,” from Warner Brothers, was 2011’s No. 1 release with $381 million
in domestic ticket sales.



Peter Mountain/Walt Disney Pictures
Johnny Depp drew crowds to “The Pirates of the Caribbean: On Stranger Tides.”

Movies are a cyclical business and analysts say that 2010 benefited mightily from holdover sales for “Avatar,” which was released late in 2009 and became one of the most popular movies of all time. A decline of hundreds of millions of dollars is not catastrophic when weighed against the size of the industry. Over all, North American ticket revenue for 2011 is projected to be about $10.1 billion, according to Hollywood.com, which compiles box-office data.

That is only a 4.5 percent falloff from 2010. But studio executives are alarmed by the downturn nonetheless, in part because the real picture is worse than the raw revenue numbers suggest.

Revenue, for instance, has been propped up by a glut of 3-D films
, which cost $3 to $5 more per ticket. Studios made 40 pictures in 3-D in the last 12 months, up from 24 last year, according to BoxOfficeMojo.com, a movie database. Theaters have also continued to increase prices for standard tickets; moviegoers now pay an average of $7.89 each, up 1 percent over last year.

Attendance for 2011 is expected to drop 5.3 percent, to 1.27 billion, continuing a slide. Attendance declined 6 percent in 2010.

Hopes that a group of major releases would supercharge the Christmas box office fizzled over the weekend. Paramount’s “Mission: Impossible — Ghost Protocol” was a solid No. 1, taking in $26.5 million in its second weekend for a total of about $59 million. But “Sherlock Holmes: A Game of Shadows” (Warner Brothers) was a softer-than-expected second, with $17.8 million in ticket sales, lifting its two-week total to $76.6 million.

“Alvin and the Chipmunks: Chipwrecked” (20th Century Fox) continued to struggle in third place, taking in about $13.3 million for a two-week total of $50.3 million. Three heavily promoted new entries had tepid results. “The Girl With the Dragon Tattoo” (Sony), was fourth, taking in $13 million for the weekend and $21.4 million since opening last Wednesday. Steven Spielberg’s “Adventures of Tintin” (Paramount) was fifth with about $9.1 million ($22.3 million since opening last Wednesday). Fox’s “We Bought a Zoo” came in sixth, taking in a lackluster $7.8 million in its opening weekend.

What has gone wrong? Plenty, say studio distribution executives, who point to competition for leisure dollars, particularly among financially pressed young people (the movie industry’s most coveted demographic); too many family movies; and the continued erosion of star power.

One more thing: “You have to go back and look at the content,” said Dan Fellman, president of domestic distribution for Warner Brothers. “Good movies always rise to the occasion. Bad ones, not so much.”


Young people, defined by studios as teenagers and people in their 20s, certainly helped power some of the biggest movies of 2011, including Warner’s “Harry Potter and the Deathly Hallows: Part 2,” the year’s No. 1 release with $381 million in domestic ticket sales. (Paramount’s “Transformers: Dark of the Moon” was second with more than $352 million, and “The Twilight Saga: Breaking Dawn — Part 1” from Summit Entertainment was third with more than $269 million.)

But a spate of smaller movies aimed at younger audiences bombed, including “Prom” from Walt Disney, “Glee: The 3-D Concert Movie” from 20th Century Fox, Warner’s “Sucker Punch,” Lionsgate’s “Conan the Barbarian” and “Your Highness,” a drug-oriented comedy from Universal. The horror genre struggled as an entire category, with lemons like “Fright Night” (DreamWorks Studios), “The Thing” (Universal) and “Priest” (Sony).

“As bad as the economy is for adults, it’s worse for teenagers,” said Phil Contrino, editor of BoxOffice.com, by way of an explanation. “Because they have less disposable income and because they are more plugged in to audience reaction on Facebook and Twitter, the teenage audience is becoming picky,” he added. “That’s a nightmare for studios that are used to pushing lowest-common-denominator films.”

Mr. Fellman said he had seen evidence that younger consumers were choosing other leisure activities over movies.

“There may be a correlation to the recent strength of video game sales,”
he said. “You look at a game like the new ‘Call of Duty’ selling $400 million in its first 24 hours and say, ‘What? How is that even possible?’ ”




A Year of Disappointment at the Movie Box Office
Published: December 25, 2011

(Page 2 of 2)

On the other hand, several movies aimed squarely at older audiences attracted stronger-than-expected revenue, “The Help” was the prime example. That period drama cost DreamWorks about $25 million to make and took in more than $169 million in North America. “We definitely benefited from coming out at the end of summer, when women are sick of going with their husbands and boyfriends to nothing but robot and superhero movies,” said Brunson Green, a producer of the film.


DreamWorks Animation/Paramount Pictures
“Kung Fu Panda 2” fell short of expectations in 2011.


Suzanne Hanover/Universal Pictures
“Bridesmaids” attracted older audiences in 2011.

The R-rated “Bridesmaids” (Universal) also clicked with older moviegoers, who perhaps responded, distribution executives said, to a premise that seemed fresh: women behaving as badly as the guys of “The Hangover Part II” (Warner), which was a smash with $255 million. “Bridesmaids” cost about $33 million and took in $169 million, causing a race in Hollywood to develop copycat films.

Too much of anything, however, can produce a hangover and studios started to feel one with family films, which have been among the most reliable moneymakers in recent years.

Some new entries delivered solid results, “Rio” from Fox, “The Smurfs” from Sony, but a number of them stumbled in North America. Those include Sony’s “Arthur Christmas,” DreamWorks Animation’s “Kung Fu Panda 2” and Disney’s “Mars Needs Moms,” which was by some measures the biggest flop of 2011, costing at least $150 million and taking in about $21 million.

Even Pixar had trouble. The Disney-owned animation studio had a hit in “Cars 2,” with more than $191 million in domestic ticket sales, but that total was Pixar’s worst single result, after adjusting for inflation.

Star power, or a lack thereof, was again a negative factor at the box office in 2011. There were bright spots, of course: Tom Cruise appears to be regaining momentum with the latest “Mission: Impossible” film; Johnny Depp charmed audiences once more with “The Pirates of the Caribbean: On Stranger Tides,” which took in $241 million for Disney (and exceeded $1 billion globally); Cameron Diaz earned her keep in “Bad Teacher,” which took in more than $100 million for Sony.

But it was wreckage for most marquee names: Harrison Ford and Daniel Craig disappointed in the DreamWorks and Universal release “Cowboys & Aliens;” Eddie Murphy and Ben Stiller landed with a thud in “Tower Heist,” a Universal film; Julia Roberts and Tom Hanks bombed in the independently financed “Larry Crowne.” “New Year’s Eve,” essentially a string of star cameos, has been essentially ignored.

More troubling, studio executives say, were failed efforts by some younger stars to become bigger box-office draws. Ryan Reynolds never took off as “Green Lantern” and Jonah Hill, praised for a supporting role in “Moneyball,” flopped as the main attraction in “The Sitter.” Russell Brand missed in a remake of “Arthur,” as did Taylor Lautner in “Abduction.” Amanda Seyfried struggled in “Red Riding Hood.”

Two exceptions were Chris Hemsworth as “Thor” and Chris Evans as “Captain America: The First Avenger.” Both of those newcomers, helped by their superhero tights, found substantial audiences.

The good news for Hollywood is that the first quarter of 2012 looks much stronger than the same period this year, when studios had little to generate audience excitement.

Warner has two sequels — “Journey 2: The Mysterious Island” and “Wrath of the Titans,” while Sony has a prominent remake in “21 Jump Street.” Disney will re-release “Beauty and the Beast” in 3-D, followed by Fox’s 3-D re-release of “Star Wars: Episode I — The Phantom Menace.” And Lionsgate will weigh in with its highly anticipated “The Hunger Games.”

“It’s an extremely strong hand for the industry to play,” Mr. Fellman said.
http://www.nytimes.com/2011/12/26/bu...D5844B7286CF7E
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Old 12-28-2011, 01:44 PM
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What went wrong?

Mars Needs Moms - Budget $150 Million - WW Gross = $39 million

Sucker Punch - Budget $82 million - WW Gross = $89.8 million

Arthur - Budget $40+ million - WW Gross = $45.7 million

Green Lantern - Budget $200 million - WW Gross = $219.9 million

Conan The Barbarian - Budget $90 million - WW Gross = $48.8 million

The Thing - Budget $38 million - WW Gross = $27.4 million

The Big Year - Budget $41 million - WW Gross = $7.4 million

OBTW - the Budget amount is to put the "movie in the can." On top of that you have marketing costs and print/ virtual print (digital) fees
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Old 12-28-2011, 02:01 PM
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Originally Posted by Lee Stewart View Post
What went wrong?

Mars Needs Moms - Budget $150 Million - WW Gross = $39 million

Sucker Punch - Budget $82 million - WW Gross = $89.8 million

Arthur - Budget $40+ million - WW Gross = $45.7 million

Green Lantern - Budget $200 million - WW Gross = $219.9 million

Conan The Barbarian - Budget $90 million - WW Gross = $48.8 million

The Thing - Budget $38 million - WW Gross = $27.4 million

The Big Year - Budget $41 million - WW Gross = $7.4 million

OBTW - the Budget amount is to put the "movie in the can." On top of that you have marketing costs and print/ virtual print (digital) fees
Lost money means movies won't be made, and hollywood is on this sequel train so that means more shit movies, which means lost money, which means movies won't be made.........circular pattern kinda like you do when the plug comes out of the sink.
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