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In celebration of the House of Mouse's 100th anniversary, Disney is re-releasing eight classic films back into theaters, some of which haven't seen the big screen in decades. The lone live action film on the slate is 2003's "Pirates of the Caribbean: The Curse of the Black Pearl." "Pirates," based on the popular Disney World ride, will lead into the release of another film based on one of Disney's theme park attractions, "Haunted Mansion." "And certainly, it doesn't hurt to have a lot of Disney branded content out there ahead of the release of their other films." These are all the films that Disney is re-releasing.
Persons: haven't, Paul Dergarabedian Organizations: Disney, Pixar, Pirates, AMC, CNBC Locations: Caribbean
Hit and missOf course, quality is a big factor in a film's box office success, too. That pullback has already begun with the 2023 summer movie season. Starting the first Friday in May and running until Labor Day weekend, the summer movie season typically represents 40% of all movie ticket sales for the year. So far through July 2, the summer box office has tallied $1.88 billion. In summer 2022, the box office got a boost from Tom Cruise's "Top Gun: Maverick," a Paramount and Skydance feature.
Persons: that's, Mike Polydoros, clamoring, It's, Universal's, Mario, haven't, Shawn Robbins, Robbins, Tom Cruise's, Paul Dergarabedian, Strange, Indiana Jones, Ruby Gillman, Oppenheimer, Dergarabedian, Kraven, Hunter Organizations: PaperAirplane Media, CNBC, Warner Bros, Mario Bros, Guardians, Galaxy, Sony, BoxOffice.com, Labor, Paramount, Comscore, Universal, Disney, Lionsgate
At the halfway point of the year, the Hollywood box office has been dominated by familiar faces. "Pretty much every film in the top 10 is either a franchise film, part of known IP or a known brand," Paul Dergarabedian, senior media analyst at Comscore, tells CNBC Make It. It's a repeat of 2022, where nine of the 10 highest grossing films were sequels. The $4.35 billion raked in by the domestic box office so far is 20.7% higher than at the same point in 2022, according to data from Comscore, and a full 350% better than 2021's pandemic-stunted haul. However, it is still 20% shy of 2019's pre-pandemic gross over the same time frame.
Persons: Paul Dergarabedian Organizations: Guardians, CNBC Locations: Hollywood, Comscore
The mixed results saw disappointing debuts from "The Flash" and "Elemental," while "Spider-Man: Across the Spider-Verse" continued to attract ticket buyers. It also fell short of the $67 million debut of fellow DC film "Black Adam" last October. "Audiences have shown in recent months and post-'Endgame' years that they are being more selective about which comic book films are going to earn their box office dollars," he said. Estimates peg the film's debut at $29.5 million, just higher than the $29.1 million "Toy Story," Pixar's first-ever theatrical release, which opened in 1995. Across Friday, Saturday and Sunday of the Father's Day weekend, the domestic box office is expected to tally just under $175 million in receipts.
Persons: Adam, Shawn Robbins, Robbins, Ezra Miller, Mario, Paul Dergarabedian Organizations: Warner Bros, BoxOffice.com, DC, Pixar, DreamWorks, Mario Bros, Comscore, Guardians, Galaxy, Comcast, CNBC Locations: NBCUniversal
Hong Kong/Seoul CNN —“The Little Mermaid” has bombed with moviegoers in China and South Korea amid racist critiques in some quarters over the casting of Black actress Halle Bailey as main character Ariel. Disney’s live-action remake has made only $3.6 million in mainland China since opening there on May 26, according to Box Office Mojo. In South Korea, “The Little Mermaid” has grossed $4.4 million since May 24. Halle Bailey in 'The Little Mermaid.' Ariel and Prince Eric in a scene from 'The Little Mermaid.'
Persons: Halle Bailey, Ariel, Disney’s, Bailey, , , Rob Marshall, ‘ Let’s, , Fans, Prince Eric, Maleficent ’, Paul Dergarabedian Organizations: Seoul CNN —, Office, Korean Film Council, Global Times, Disney, Hollywood, Halle, United, Comscore Locations: Hong Kong, Seoul, China, South Korea, United States, Comscore, , Japan, Philippines, Indonesia, Italy, Germany, United Kingdom, Australia, Brazil, Mexico, Singapore, Finland, United Arab Emirates
Spider-Man returned to the big screen this weekend, webbing up an estimated $120.5 million at the domestic box office. Sony's "Spider-Man: Across the Spider-Verse," the much anticipated sequel to the Academy Award-winning "Spider-Man: Into the Spider-Verse," had the second-biggest opening of 2023, just behind Universal's "Super Mario Bros. The film also marks the third-best opening weekend for any Spider-Man film, animated or live-action. The film has secured $186.2 million in domestic ticket sales and stands at $326.7 million globally. Additionally, Disney's "The Boogey Man" opened to $12 million in domestic ticket sales and Universal's "Fast X" added $9.24 million in ticket sales over the weekend, bringing its domestic haul to $128.4 million.
Persons: Universal's, Mario, Paul Dergarabedian, Shawn Robbins, Robbins Organizations: Academy, Mario Bros, BoxOffice.com, Disney, Guardians, Galaxy, Comcast, CNBC Locations: EntTelligence, NBCUniversal
In its second week in theaters, the director's "Guardians of the Galaxy: Vol. Most blockbuster films' ticket sales drop between 50% and 70% from the opening weekend to the second week. It is the third-best second week fall of any MCU film since 2008, just behind "Thor," which slipped 47.2% during its second week in 2011. For comparison, the first "Guardians of the Galaxy" film tallied $773.3 million globally during its run in 2014 and "Guardians of the Galaxy: Vol. The strong box office for "Guardians of the Galaxy: Vol.
Disney and Marvel Studio's "Guardians of the Galaxy: Vol. "Guardians of the Galaxy: Vol. It also fell short of the $146.5 million "Guardians of the Galaxy: Vol 2" collected in 2017. "'Guardians of the Galaxy: Vol. The release of "Guardians of the Galaxy Vol.
Giant screen options include pioneer IMAX and various premium large formats (PLF) created by theater chains. For Missouri-based B&B Theatres, about half of a multiplex's grosses now come from premium formats, compared with 30% before the pandemic, said Chief Content, Programming and Development Officer Brock Bagby. B&B operates 531 screens in 14 states and offers large format screens with heated recliners, 270-degree Screen X screens, immersive audio and MX4D seats timed to rumble with the action. "Post-COVID, our premium screens are selling better than ever," Bagby said. As a sign of its importance, Universal's Orr and other studio distribution executives said they consult Gelfond about IMAX screen availability before setting movie release dates.
MoviePass will be available at Walmart, several sources familiar with the deal told Insider. MoviePass relaunched last year in beta form and plans to be available to all customers by the summer. MoviePass will have displays in Walmart stores across the country where its subscription cards will be available for shoppers, sources said. No details were given to Insider about what the offer on the MoviePass Walmart cards will be, or when the cards will be available in stores. "This is a huge win for MoviePass and for the theatrical movie business," Comscore senior media analyst Paul Dergarabedian told Insider.
For nearly three years, the domestic box office has been chasing the highs of the pre-pandemic era, hoping that blockbuster franchise films would fill seats and sell popcorn. It was the second-highest box office year with $11.4 billion." Since movie theaters reopened to the public in late 2020, the domestic box office has steadily recovered, generating significantly higher ticket sales each year. Last year, the box office reached $7.5 billion, up 64% from the $4.58 billion in ticket sales seen in 2021. Industry analysts attributed the smaller box office to a more limited inventory of theatrical releases, not a general disinterest by consumers to return to cinemas.
LOS ANGELES, March 13 (Reuters) - Independent studio A24 was the big winner at Sunday's Academy Awards, taking nine awards out of its 18 nominations, including best picture and all four acting prizes. The studio's "Everything Everywhere All at Once" won seven Oscars, the most of the evening, including best picture. However, Brendan Fraser took the best actor prize for A24's "The Whale," which also won for best makeup and hairstyling. Not since the heyday of Miramax in the 1990s has an independent studio garnered such attention, talent and box office success, entertainment industry insiders say. EVERYTHING EVERYWHEREThe first film A24 produced and financed, together with Brad Pitt’s Plan B Entertainment, was “Moonlight,” which won the Oscar for best picture in 2017.
The Oscar box office bump is shrinking
  + stars: | 2023-03-10 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +4 min
The winner of the best picture award at Sunday's Oscars may not get a box office bump for taking home the night's biggest prize. The result has been a smaller bump in box office at the time of nominations and a significant surge in streaming demand. For 2014's "American Sniper," 99% of its box office ticket sales came after its nomination, a whopping $346 million. This year, all of the best picture nominees saw less than 13% of revenue from post-nomination box office except for one. "For decades, we've seen contenders pick up extra box office ticket sales once the picture nominations were announced.
LOS ANGELES, March 10 (Reuters) - A24, the independent studio behind such films as “Everything Everywhere All at Once” and "The Whale," is poised to dominate this year’s Academy Awards, eclipsing Hollywood’s established studios and awards-hungry streamers that are spending millions on Oscar campaigns. Not since the heyday of Miramax in the 1990s has an independent studio garnered such attention, talent and box office success, entertainment industry insiders say. EVERYTHING EVERYWHEREThe first film A24 produced and financed, together with Brad Pitt’s Plan B Entertainment, was “Moonlight,” which won the Oscar for best picture in 2017. The studio has garnered 53 Oscar nominations in less than a decade, including best picture nods for “Lady Bird, “Minari” and “Room.”A24's film slate has grown at the pace of its cash flow - starting with three movies in 2016 to 15 in 2022. This year, it’s on track to produce about 15 films for theatrical release, eight documentaries and 10 television shows.
That's the sentiment from box office analysts after the Marvel Cinematic Universe's latest film "Ant-Man and the Wasp: Quantumania" saw the sharpest decline in ticket sales from opening weekend to second weekend in franchise history. To be sure, "Quantumania" is one of the worst reviewed Marvel films, with a 48% "rotten" critics' score on Rotten Tomatoes. "Thor: Love and Thunder," "Doctor Strange in the Multiverse of Madness" and "Spider-Man: No Way Home," a co-production with Sony , all saw second week drops in excess of 67%. The film also has more counter-programming than other Marvel films released in the last few years. He pointed to "Violent Night" and "M3gan," in addition to "Cocaine Bear," as films that have outperformed expectations at the box office.
Paul Rudd is Scott Lang, aka Ant-Man, alongside Johnathan Majors as Kang the Conqueror in "Ant-Man and the Wasp in Quantumania." Disney and Marvel Studios' "Ant-Man and the Wasp: Quantumania" scored an estimated $104 million at the domestic box office during its opening weekend. "Quantumania's" domestic haul is nearly double what the first standalone Ant-Man film opened to in 2015 and marks the 31st consecutive MCU release to debut at number one at the domestic box office. Internationally, "Quantumania" took in $121 million, bringing its estimated global haul for the three-day spread to $225 million. "'Ant-Man and the Wasp: Quantumania' sets into motion what looks to be week after week of solid moviegoing and creates momentum for a solid summer movie season."
AMC Theatres announced this week that it would charge more for the best seats in its auditoriums. Here's what it looks like on the AMC Theatres website for a screening at a New York City location:What the new seat pricing looks like on the AMC Theatres website. "This new initiative by AMC Theatres would essentially penalize people for lower income and reward for higher income." AMC's seat-pricing plan isn't going to help the theatrical business. Patrick Corcoran, spokesman for the National Association of Theatre Owners, told Insider in September.
For comparison, all other movies released in 2022 — not including "The Way of Water" — saw less than 14% of ticket sales from premium showings, averaging $15.76 a ticket. Bolstering box office numbers for the film is the push from Disney and Cameron for 3D showings. Since its release, the "Avatar" sequel has seen more than 56% of its tickets sold for 3D showings. The original 2009 "Avatar," which is the top grossing film of all time, also did well with 3D and premium tickets. To be sure, "The Way of Water" has not reached its historic box office just because of surcharges for 3D and premium format screenings.
Disney 's "Avatar: The Way of Water" has topped $2 billion at the global box office, making it the third James Cameron film to reach this benchmark. As of Sunday, "The Way of Water" had tallied $598 million from domestic ticket sales and $1.426 billion from foreign markets. "The film has now joined that very exclusive box office club and has made it look almost effortless," said Paul Dergarabedian, senior media analyst at Comscore. As the industry rebounds, films like "The Way of Water" have proven that moviegoers are eager to return for big blockbuster spectacles. Correction: This story was updated to reflect that "The Way of Water" is the third James Cameron movie to gross $2 billion at the global box office.
[1/3] Director James Cameron arrives at the world premiere of 'Avatar: The Way of Water' in London, Britain December 6, 2022. "The Way of Water" debuted in late December, 13 years after the original "Avatar" introduced the lush world of Pandora and became a worldwide phenomenon. Box office sales for "The Way of Water" totaled $2.024 billion on Sunday, according to Disney estimates. Roughly $1.4 billion of ticket sales have come from international markets outside the United States and Canada. A third "Avatar" movie, which Cameron has already filmed, is scheduled to debut in December 2024.
“Black Panther: Wakanda Forever” will open in China on February 7, roughly three months after its global debut, while “Ant-Man and the Wasp: Quantumania” will open on February 17, Marvel Studios announced on Chinese social media Tuesday. Since then, Marvel’s last eight movies have not been shown in the country, though that will drop down to seven with the upcoming “Black Panther” release, Dergarabedian said. Stars of Marvel Studios' "Black Panther: Wakanda Forever" attending the film's European premiere in London on Nov. 3, 2022. “This likely played a part in this welcome shift in playability for Marvel films in the country.”China’s box office generally rakes in billions of dollars a year. That put North America’s box office ahead once more in 2022, generating more than $7.5 billion compared with China’s $4.4 billion, according to Comscore data.
More blockbuster TV shows like "Last of Us" should be shown on the big screen. It raised the question: Should more TV shows be put on the big screen? That event earned nearly $5 million, according to Fathom Events CEO Ray Nutt. The airings earned $2 million from just 205 theaters, according to The Los Angeles Times, and the episodes had already aired on HBO. Meanwhile, blockbuster shows like "House of the Dragon" and "The Rings of Power" had premiered on the small screen.
James Cameron's "Avatar: The Way of Water" has passed the billion-dollar mark at the global box office, but sluggish sales in China could weigh on the film's final haul. Worldwide ticket sales for the Disney film now stand at $1.03 billion, the combination of $317 million in domestic sales and $712 million from international markets. That places the film among the top five fastest movies to reach $1 billion in box-office sales. Still, industry experts are concerned by muted ticket sales from China. Through Tuesday, China has accounted for just $108 million in ticket sales for the film.
Avatar: The Way of Water took more at the box office in its first 10 days than the original film. On its opening weekend, the sequel failed to live up to studio expectations for ticket sales. The $253 million box office take suggests the film will maintain momentum into the new year. "Avatar" made $212.7 million in its first 10 days in 2009 and went on to become the highest-grossing film of all time, taking more than $2.9 billion. The sequel is estimated to have made $56 million in North America over the weekend, compared with $134 million on the opening weekend – lower than the $150 million to $175 million projections.
Disney and James Cameron’s “Avatar: The Way of Water” snared an estimated $56 million during its second weekend in theaters, a 58% drop from its debut. A decline in ticket sales is common for blockbuster titles, with most seeing a 50% to 70% slip. Box office analysts noted that cold winter weather and storms during the Christmas weekend likely led to slower ticket sales domestically. Additionally, international ticket sales continue to thrive. “The Way of Water” has generated $855 million in global ticket sales since its Dec. 16 release — $254 million domestically and $601 million from international markets.
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