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My Profile Holiday Gift Guide Gift ideas & reviews for this holiday season Start Browsing You are here: Home > News > Entertainment > Article Home Business & Finance News U.S. Politics International Technology Entertainment Film Music People Television Arts Industry Sports Lifestyle Oddly Enough Environment Health Science Special Coverage Video Pictures You Witness The Great Debate Blogs Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters You Witness News Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Holiday movies offer escape from economy's gloom Thu Nov 27, 2008 9:17am EST Email | Print | Share | Reprints | Single Page [-] Text [+] By Bob Tourtellotte LOS ANGELES (Reuters) - Looking for some holiday spirit to escape the economic gloom? Never fear, Hollywood is here. This weekend marks the formal kick-off to the annual U.S. holiday season during which the major movie studios release many of their best films that will either lure huge audiences to theaters or gain traction in the race to February's Oscars. Wednesday's debut of films such as relationship comedy "Four Christmases," action-packed "Transporter 3" and epic romance "Australia," as well as Oscar hopeful "Milk," provide the spark for six more weeks of red hot moviegoing that will account for nearly 20 percent of annual ticket sales. "The thing about holiday movies, as usual, is that there really does seem to be something for everybody," said Dave Karger, movie writer for Entertainment Weekly magazine. Already, the box office is on a roll with the latest James Bond flick "Quantum of Solace" and teenage vampire romance "Twilight" beating expectations two weekends in a row. Each took in about $70 million their respective opening weekends. Paul Dergarabedian, president of box office watcher Media by Numbers, noted that only one weekend in the past two months has seen ticket sales dip from the same time last year. "Momentum is with us, and momentum is key because the more people are in theaters, the more they see (promotion) trailers and marketing materials. It's a snowball effect," he said. Overall U.S. and Canadian box office receipts are up only slightly at $8.34 billion this year compared to $8.32 billion at the same point one year ago. Attendance is down 4.2 percent, according to Media by Numbers. But if the rule holds true that escapist movies do well in tough times, the gloomy economy could bring glad tidings for Nicole Kidman, Hugh Jackman, Keanu Reeves, Will Smith, Jim Carrey and many others. ESCAPIST FLICKS AND OSCAR BAIT After Jackman and Kidman finish romancing each other in epic "Australia," or Reese Witherspoon and Vince Vaughn have had their fill of family issues in comedy "Four Christmases," along comes action-packed "Punisher: War Zone" on December 5. The weekend of December 12 sees Reeves bring out "The Day the Earth Stood Still," a remake of 1951's classic sci-fi adventure about an alien whose presence on Earth causes a global stir. Also that weekend comes family comedy, "Nothing Like the Holidays" starring Debra Messing. One week later, Will Smith brings audiences the drama "Seven Pounds" about an IRS agent with the ability to change the lives of seven strangers. Jim Carrey seeks laughter in comedy "Yes Man," which tells of a man who just can't say "no," and for families there is animated "The Tale of Despereaux." The big movie onslaught continues December 25 with Jennifer Aniston and Owen Wilson in a comedy about a dog, "Marley and Me," and family adventure, "Bedtime Stories," which has Adam Sandler as a man who tells wild tales that start to come true. Frank Miller's "The Spirit," also debuts on Christmas Day and is based on the comic books by Will Eisner about a rookie cop who returns from the dead to fight crime. Continued... View article on single page Share: Del.icio.us Digg Mixx My Web Facebook LinkedIn Next Article: "WALL-E" and "Thunder" top DVD charts Also on Reuters Blogs feed information frenzy on Mumbai attacks Slideshow Balloons over Broadway for Macy's Thanksgiving parade Scientists crack iceberg mystery Video "Australia" leads holiday line-up Play Video More Video... Editor's Choice Pictures Video Articles Slideshow A selection of our best photos from the past 24 hours. Slideshow Robotic Faces Kidman's plea Brazil Floods Science: New hope for beating leukemia? 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Slideshow Reuters Deals The global destination for corporate leaders, deal-makers and innovators Knowledge to Act Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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