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Last Jedi Makes a Stand as Top-Grossing Domestic Movie of 2017

Charmaine Blake

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“The Last Jedi” is giving movie-theater chains a new hope for 2018.

 

Walt Disney Co.’s latest chapter in the Star Wars saga became the year’s No. 1-grossing movie after generating an estimated $68.4 million in U.S. and Canadian sales over the four-day holiday weekend, researcher ComScore Inc. estimated on Monday. The film’s domestic total of $533.1 million for 2017 topped the $504 million tallied by the previous No. 1, Disney’s “Beauty and the Beast.” Worldwide, it’s pulled in at least $1.04 billion.

 

The success of “Jedi,” combined with a surprisingly strong two-week run from Sony Corp.’s “Jumanji: Welcome to the Jungle,” is encouraging for Hollywood, which has been through a brutal year of big-budget bombs and competitive threats. The box office in the U.S., the world’s biggest movie market, finished the year down 2.4 percent to $11.2 billion, but the latest hits prove it’s possible to lure viewers away from their Netflix accounts.

 

“The Last Jedi” cemented Disney’s place as the top movie studio by market share for the second year in a row, and the company’s slate for 2018 makes a three peat look probable. A spinoff Star Wars movie in May will tell the backstory of Han Solo. Three Marvel superhero films — “Black Panther,” “Avengers: Infinity War,” and “Ant-Man and the Wasp” — will be released in the next seven months. Childhood favorites “Mary Poppins,” “Wreck-It Ralph” and “The Incredibles” get new installments.

 

Competitors will try to bounce back from a year of disappointments with a barrage of sequels and reboots. Warner Bros. has more DC Comics and “Fantastic Beasts” films lined up; Universal Pictures revisits to “Jurassic World;” 20th Century Fox brings back mutant superhero Deadpool; Sony rolls out two Spider-Man-related movies; and Paramount Pictures produces a new edition of “Mission: Impossible” and a Transformers spinoff based on the Bumblebee character.

It will be difficult for any of those contenders to unseat Burbank, California-based Disney, which dominated the box office for the last two months of the year with its films holding the top spot for all but one weekend. The film’s worldwide totals will get a boost this week when it opens in China, where box office sales rose 13.5 percent to 55.9 yuan ($8.6 billion) in 2017, with urban theaters drawing 18 percent more patrons — some 1.62 billion in all.

After a stronger than expected opening weekend, the Star Wars film fell a bit short over the New Year’s break. BoxOfficePro.com had projected $79 million in sales.

Theater chains are rooting for Disney’s competitors to put up a better fight than in 2017, when weak offerings such as Warner Bros.’ “King Arthur: Legend of the Sword” and Paramount’s “Baywatch” failed to capture the imagination and contributed to a slump in the shares of chains such as AMC Entertainment Holdings Inc. and Cinemark Holdings Inc.

Sony has shown some moxie with “Jumanji,” a remake of the 1995 Robin Williams fantasy. In its second weekend in theaters, where “The Last Jedi” is playing on multiple screens in many locations, the action-comedy starring Dwayne “The Rock” Johnson generated $66.5 million over the four-day holiday break, according to ComScore. It was the second straight weekend the movie exceeded estimates; it had been expected to bring in $60 million for the four days, according to BoxOfficePro.com.

Audiences have so many other options for entertainment, from Netflix to Snapchat, that the movie industry is having to fight harder than ever to compete for attention. Some companies have begun looking for merger partners to cut costs and gain scale. Cineworld Group Plc, based in the U.K., agreed in December to acquire Regal Entertainment Group for about $3.6 billion, and Disney struck a $52.4 billion deal to buy the Fox studio and other assets from 21st Century Fox Inc.

Hollywood executives famously copy any formula that works, so get ready for more merger mania in 2018.

 

Read more: https://www.bloomberg.com/news/articles/2018-01-01/-last-jedi-makes-a-stand-as-top-grossing-domestic-movie-of-2017

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‘Fortnite’ composer Pinar Toprak will score ‘Captain Marvel’

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Image: Brian To/FilmMagic

“Turkish-American composer Pinar Toprak has been hired to compose the score for Captain Marvel, which will premiere in March of next year.

Even if you’re not a film score buff, there’s a good chance you’re already familiar with Toprak’s work. In addition to writing additional music for Justice League in 2017, she is responsible for some of the incredibly catchy music from Fortnite. Yes, the stuff that is stuck in your head all the time…….”

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‘Incredibles 2’ breaks box office records with a whopping $180 million

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Image: disney pixar

“For every unmitigated disaster like Solo, there are multiple other box office hits for Disney. Incredibles 2 is the latest.

The 14-years-later sequel is on a pace to finish off its opening weekend with a $180 million box office haul in the United States. That’s the highest opening to date for any animated release, and for any PG-rated release as well. It’s also the eighth-largest domestic opening weekend ever, overall.

Incredibles 2 soars past another Pixar sequel, Finding Dory, the previous top animated opener. The Finding Nemo sequel launched in 2016 on the same June weekend as Incredibles 2, but it only (only!) managed to pull in $135.1 million in its first three days.

The new $180 million bar will be a tough one for future competitors to beat, though even that record is bound to eventually fall. Inflation and rising ticket prices all but ensure it.

Disney currently has three recent releases in the weekend box office top 10. Solo: A Star Wars Story comes in at #4 on this weekend’s chart, with an estimated $9.1 million. That brings its domestic total up to $192.8 million.

Solo will probably cross $200 million domestic in the next week or two, but it’s currently the lowest-earning live action Star Wars movie to date. There’s even some question at this point as to whether or not it will manage to beat The Empire Strikes Back. Not accounting for inflation, that second-ever Star Wars movie ended its box office run in 1980 with $209.4 million.

Disney’s lowest entrant on this weekend’s box office top 10 is Avengers: Infinity War, at #8. The April 2018 release is still kicking in its eight week after hitting theaters. It picked up an estimated $5.3 million this weekend…..”

Read more: https://mashable.com/2018/06/17/incredibles-2-opening-weekend-box-office-records/

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Apple and Oprah sign a multi-year partnership on original content

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Apple announced today a multi-year content partnership with Oprah Winfrey to produce programs for the tech company’s upcoming video-streaming service. Apple didn’t provide any specific details as to what sort of projects Winfrey would be involved in, but there will be more than one it seems.

Apple shared the news of its deal with Winfrey in a brief statement on its website, which read:

Apple today announced a unique, multi-year content partnership with Oprah Winfrey, the esteemed producer, actress, talk show host, philanthropist and CEO of OWN.

Together, Winfrey and Apple will create original programs that embrace her incomparable ability to connect with audiences around the world.

Winfrey’s projects will be released as part of a lineup of original content from Apple.

The deal is a significant high-profile win for Apple, which has been busy filing out its lineup with an array of talent in recent months.

The streaming service also will include a reboot of Steven Spielberg’s Amazing Storiesa Reese Witherspoon- and Jennifer Aniston-starring series set in the world of morning TVan adaptation of Isaac Asimov’s Foundation books, a thriller starring Octavia Spencer, a Kristen Wiig-led comedy, a Kevin Durant-inspired scripted basketball show, a series from “La La Land’s” director and several other shows.

Winfrey, however, is not just another showrunner or producer. She’s a media giant who has worked across film, network and cable TV, print and more as an actress, talk show host, creator and producer.

She’s also a notable philanthropist, having contributed more than $100 million to provide education to academically gifted girls from disadvantaged backgrounds, and is continually discussed as a potential presidential candidate, though she said that’s not for her.

On television, Winfrey’s Harpo Productions developed daytime TV shows like “Dr. Phil,” “The Dr. Oz Show” and “Rachael Ray.” Harpo Films produced several Academy Award-winning movies, including “Selma,” which featured Winfrey in a starring role. She’s also acted in a variety of productions over the years, like “The Color Purple,” which scored her an Oscar nom, “Lee Daniels’ The Butler,” “The Immortal Life of Henrietta Lacks” and Disney’s “A Wrinkle in Time.”

Winfrey also founded the cable network OWN in 2011 in partnership with Discovery Communications, and has exec produced series including “Queen Sugar,” “Oprah’s Master Class” and the Emmy-winning “Super Soul Sunday.”

The latter has a connection with Apple as it debuted as a podcast called “Oprah’s SuperSoul Conversations” and became a No. 1 program on Apple Podcasts.

Winfrey recently extended her contract with OWN through 2025, so it’s unclear how much time she’ll devote specifically toward her Apple projects.

Apple also didn’t say if Winfrey will star or guest in any of the programs themselves, but that’s always an option on the table with a deal like this. CNN, however, is reporting that Winfrey “is expected to have an on-screen role as a host and interviewer.”

Read more: https://techcrunch.com/2018/06/15/apple-and-oprah-sign-a-multi-year-partnership-on-original-content/

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