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Wednesday, 2 June 2010 - Are moviegoers tiring of sequels? |
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    Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared Asian stocks fall, yen dips as Japan PM quits | Video 3:03am EDT WRAPUP 1-BP embarks on latest bid to capture gushing oil 1:00am EDT Japan PM quits before election 1:46am EDT Hole opens in Guatemala neighborhood, 3 missing 23 Feb 2007 Blagojevich corruption trial may touch Obama 1:04am EDT Apple's Steve Jobs finds Foxconn deaths "troubling" 2:27am EDT Google phases out Microsoft Windows use: report 01 Jun 2010 BP embarks on latest bid to capture gushing oil | Video 1:06am EDT Al and Tipper Gore separating after 40 years of marriage | Video 01 Jun 2010 Butt test shows U.S. cigarettes high in chemicals 01 Jun 2010 Google phases out Microsoft Windows use: report 01 Jun 2010 Butt test shows U.S. cigarettes high in chemicals 01 Jun 2010 Japan PM quits before election 1:46am EDT Arizona governor to meet Obama on immigration 01 Jun 2010 UPDATE 4-Novo pulls drugs from Greece over price cuts 31 May 2010 Fallen bridges hamper Guatemala storm rescue | Video 01 Jun 2010 Urine test improves prostate diagnosis: study 01 Jun 2010 Hole opens in Guatemala neighborhood, 3 missing 23 Feb 2007 Chocolate may cut cholesterol but only in some people: study 01 Jun 2010 Asian stocks fall, yen dips as Japan PM quits | Video 3:03am EDT pictures Celebrity birthdays in June A look at who's turning what in the month of June.  Slideshow  Are moviegoers tiring of sequels? Carl DiOrio Wed Jun 2, 2010 1:56am EDT Related News Disney hopes "Toy Story 3" swag reaps $2.4 billion Tue, Jun 1 2010 Disney hopes "Toy Story 3" swag reaps $2.4 billion Tue, Jun 1 2010 Disney hopes "Toy Story 3" swag reaps $2.4 bln Tue, Jun 1 2010 "Sex" fails to ignite slumping film box office Mon, May 31 2010 UPDATE 1-"Sex" fails to ignite slumping US film box office Mon, May 31 2010 (From L-R) Actresses Sarah Jessica Parker, Kristin Davis, Kim Catrall and Cynthia Nixon pose for photographers at the premiere of their new film ''Sex and the City 2'' in Leicester Square, London May 27, 2010. Credit: Reuters/Kieran Doherty LOS ANGELES (Hollywood Reporter) - Hollywood still hopes to shake off early symptoms, but there is spreading concern that the summer box office will be plagued by a nasty case of sequelitis. Entertainment  |  Film Conditions are ripe: Studios have planted 11 sequels or franchise reboots in the fertile May-August span, up from nine last summer and seven from the 2008 season. Those that have opened so far have underwhelmed, with seasonal box office off by a double-digit margin and studio executives beginning to feel woozy. Most recently, Warner Bros.' "Sex and the City 2" was expected to outpace its 2008 predecessor and top the Memorial Day weekend. Instead, it lagged the original's bow dramatically and debuted with a tarnished bronze medal, trailing even Disney's disappointing "Prince of Persia: The Sands of Time." (A would-be franchise starter, "Persia" will need outsize international contributions to reach profitability.) DreamWorks Animation's "Shrek Forever After" finished first in the frame. But that offered limited relief, as the Paramount-distributed four-quel missed consensus forecasts for its opening by a nauseating $30 million. Reaction to the latest disappointments came swiftly. "There very well could be some burnout with moviegoers, who are looking for something new and fresh," a top studio executive lamented Tuesday. 'IRON' GLEAMS Not everything has been doom and gloom. Summer's first "tentpole" release (a film counted on, as a guaranteed box-office success, to support the rest of a studio's slate), Paramount's "Iron Man 2," soon should top $300 million after initially disappointing those hoping the Robert Downey Jr.-starring action feature would kick-start the all-important season with a record bow. But the desultory outings of "Shrek Forever" and "Sex 2" have many seeing signs of franchise fatigue. "Watching the decline of 'Sex and the City 2' every day has really surprised us," another top industyite said. The New Line-produced comedy-drama fetched $14.2 million in its first day of release Thursday but at least $2 million less each day since. Still, it's possible to explain each picture's disappointment individually. Expectations of a summer-launching record opening by the "Iron Man" sequel probably were unrealistic, and the second-week traction by "Shrek Forever" suggests a run as leggy as that of most family movies. As for "Sex 2," the TV series leading to the big-screen franchise ended a distant six years ago. Film-specific explanations for box-office wobbles have some predicting smoother sailing through the balance of the sequel-filled summer. But it's too soon to tell if Hollywood can quell its box-office maladies before contagion spreads. The next sequel set to hit multiplexes is Disney/Pixar's "Toy Story 3," which nobody expects to have any difficulty generating impressive box office when it opens June 18. "The interest is immense," Disney distribution topper Chuck Viane said. BOX-OFFICE 'ECLIPSE'? Remakes such as Sony's "The Karate Kid," opening June 11, also will be watched carefully. But prerelease interest in the reimagined "Kid" appears high, and its comparisons with decades-old box-office figures won't be difficult. So it's possible the best test of moviegoers' attitudes won't come until June 30, when Summit Entertainment sends out the "Twilight" threequel, "Eclipse." All signs point to enormous interest among the fanged franchise's young fan base. But could the vampire romance open well but still be deemed a failure? Not bloody likely, said a distribution topper at a rival studio citing tracking data. "Expectations can get out of hand, but I would put the 'Twlight' picture down for a $125 million opening right now," the industryite said. "That's huge." Just not as huge as the opening posted by the franchise's first sequel: "New Moon" bowed with $142.8 million in November. Rentrak data show summer box office is off 21 percent so far at $813 million. The season starts on the first Friday of May and got a one-weekend head start May 1 last year. Adding one weekend from the end of spring cuts this year's underperformance to 12 percent. But ticket-price inflation since last summer means admissions are off more significantly. Entertainment Film     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw 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. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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