Patrick Sun
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It's looking like Avatar's 2nd Monday take was more than its 1st Monday take at the box office (about $19 million yesterday, vs. $16.4 million last Monday). How crazy is that?
Young people on Christmas Break!Originally Posted by Patrick Sun
It's looking like Avatar's 2nd Monday take was more than its 1st Monday take at the box office (about $19 million yesterday, vs. $16.4 million last Monday). How crazy is that?
Originally Posted by Steve_Tk
Young people were on christmas break last monday too!
I believe THE HURT LOCKER played one major theatre here and then it was out after two weeks. The others haven't come to any of the larger theatres here and it appears this is happening at a lot of places. All the experts keep saying all these records are being broke but looking at boxofficemojo it seems only the top films are making the money while these smaller films are falling apart.Originally Posted by TravisR
I live in suburban Philadelphia and The Hurt Locker played at chain theaters here back in June or so. I'd be surprised if most (if not all) of the movies that get Oscar nods don't play here too. I can only speak to this area but it seems the same as every other year- I hear about the Oscar contenders in the fall and then they actually open up here in January or February.
Originally Posted by Patrick Sun
In my neck of the woods, grade schools through high schools were done on 12/18/09, so they had all of last week off.
Anyhow, still a very impressive feat to gain from its opening Monday to its second Monday.
The kids have it easy today. When I was in grade and high school, our first day of school was the day after Labor Day and out last day of school was around the 3rd or 4th week in June depending on how many snow days were called. Also, we didn't have any spring break either. We got a couple of days off for Easter and that was it.Originally Posted by Patrick Sun
Yes, but they also make them start school in mid-August (while school ends in early May), it's totally out of whack from my recollection of the school year too. I remember Labor Day being the end of summer and when school would start up again. Not anymore.
Where do you get the 50% number? I hear it on shows that talk about movie profits but here on HTF it is always being said that studios get 90-95% of the ticket admissions in the first few weeks when most of the ticket sales are made. The best I understand is the 50% number is a typical average for the entire run after taking into account all other expenses like marketing, duplication, distribution, etc. I know that Hollywood accounting puts Enron to shame but I am curious what are the real best estimates of studio takes. 50% doesn't seem correct in this context.Originally Posted by Adam_S
turning a profit is complicated the studio gets back slightly more than 50% of the gross, so at 600 million it has earned back about 300 million.
I believe you are incorrect in that assessment. When I went to school back in the day, 170 to 175 school days a year were typical. Now nearly all states are around 180 days. While the start and stop times may have shifted to make it seem better, children probably go to school today 5 to 10 days more than you did. Plus the hours per day may be longer to boot.Originally Posted by Robert Crawford
The kids have it easy today. When I was in grade and high school, our first day of school was the day after Labor Day and out last day of school was around the 3rd or 4th week in June depending on how many snow days were called. Also, we didn't have any spring break either. We got a couple of days off for Easter and that was it.
Originally Posted by Patrick Sun
It's looking like Avatar's 2nd Monday take was more than its 1st Monday take at the box office (about $19 million yesterday, vs. $16.4 million last Monday). How crazy is that?
nope, that 90-95% and decreasing weekends hasn't been true since the mid-late nineties.Originally Posted by Chuck Anstey
Where do you get the 50% number? I hear it on shows that talk about movie profits but here on HTF it is always being said that studios get 90-95% of the ticket admissions in the first few weeks when most of the ticket sales are made.
Warners had the surprise cash cow of the year in The Hangover. But even though it is a “cheap” studio movie - $35m – they split it with Legendary, which is the kind of gift that keeps Legendary in business so they can take hits on bigger movies down the line. With over $460m worldwide in ticket sales, that’s about $260 million back to the studio in rentals. $140m in profit in theatrical. $46 million to Todd Phillips. $26 million to WB for distribution. And $34m each to WB and Legendary for making the thing. Post-theatrical is 100% profit, net minus Phillips’ cut. Massive success. Over $100 million into WB’s pocket by the end as profit.
TDK had some segments filmed in IMAX, but not the entire film. Cameron knew from the start that his film would be in IMAX-3D, and he even compromised by releasing it on IMAX-3D in an aspect ratio of 1.85:1 so it would play even bigger on a true IMAX film screen (not to be confused with the LieMax digital projection with the smaller screens), while also releasing the standard 2D and RealD (3D) in the wider 2.35:1 AR.Originally Posted by Carlos_E
Patrick, Cameron is dialed in to what America and the world wants to see unlike any other director working now. Titanic and Avatar alone show us this.
(snip)
I have seen Imax 3D theaters sell out every single performance ( 4 per day) for the first two weeks of Avatar's run. I don’t remember Dark Knight doing that for the same period. And Dark Knight was specially filmed with Imax cameras.
Patrick and other forum members, let me know your thoughts.
Carlos
Okay but that article isn't the same thing as what I asked. That article is about end of the day profits for the studio after all the players have been payed off and get their share of the profits but doesn't talk about how much of the ticket take comes back to the studio to then pay off all the players, which includes the studio itself. In fact, the one number that is never taken away from gross ticket sales in the article is the actual movie theater portion of ticket sales. An implication of the 50% rule is that the movie theater gets the other 50% of the ticket sales because they have to double the cost just to see any profit. That clearly is not true. Isn't that why on some big budget flicks theaters put the "No passes" rule in effect; because the studio expects nearly 100% of the ticket take to go back to it so the theater cannot afford to lose money on the passes? The passes are sold at $8 an admission but the studio expects $10 an admission and the theater sells normal tickets at $10.50 an admission.Originally Posted by Adam_S
nope, that 90-95% and decreasing weekends hasn't been true since the mid-late nineties.
here's a decent article about how much studios expect to get back on this years slate:
http://www.mcnblogs.com/thehotblog/archives/2009/12/2009_the_major.html