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Thursday, 6 May 2010 - Hollywood eyes another $4 billion summer movie season |
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    Read more with google mobile : Hollywood eyes another $4 billion summer movie season |

    Edition: U.S. Article Save Email Print Reprints Most Popular Most Shared Crime riles Arizonans bent on immigration crackdown 10:31am EDT UPDATE 1- Sinatra week ends Aaron Kelly's run on "Idol" 1:20am EDT Luggage explosion causes scare at Houston airport 04 May 2010 Americans "bombarded" with cancer causes: government panel 11:14am EDT Many possible triggers for wider euro debt crisis 05 May 2010 Greek PM presses austerity plan, vows to fight graft | Video 11:09am EDT Greece to back austerity plan | Video 10:41am EDT Euro, world stocks hit by Greek contagion fear 8:23am EDT Wall Street extends losses on Greece worry 11:25am EDT WRAPUP 1-US asks Pakistan for help in NY bomb probe-report 12:36am EDT Americans "bombarded" with cancer causes: government panel 11:14am EDT Crime riles Arizonans bent on immigration crackdown 10:31am EDT Bad night's sleep can hamper body's insulin use 05 May 2010 Congress probing J&J Children's Tylenol recall 9:31am EDT Many possible triggers for wider euro debt crisis 05 May 2010 Sprint to unveil new text-centric cell plan 12:21am EDT Greece to back austerity plan | Video 10:41am EDT U.S. safety agency looking into P&G's new Pampers 05 May 2010 Obama biggest recipient of BP cash 05 May 2010 FDA finds grime at J&J plant, urges use of generics 05 May 2010 Pictures Costume Institute best and worst dressed Red carpet highlights from the annual benefit.   Slideshow  Hollywood eyes another $4 billion summer movie season Bob Tourtellotte LOS ANGELES Thu May 6, 2010 8:32am EDT Related News "Iron Man 2" primed for superheroic U.S. opening Wed, May 5 2010 "Iron Man 2" packs a punch for Disney Wed, May 5 2010 "Iron Man 2" primed for superheroic U.S. opening Wed, May 5 2010 "Twilight Saga: Breaking Dawn" set for 2011 release Wed, May 5 2010 "Iron Man 2" packs a punch for Disney Wed, May 5 2010 Cast members Robert Downey Jr. and Gwyneth Paltrow pose at the premiere of the movie ''Iron Man 2'' at El Capitan theatre in Hollywood, California April 26, 2010. Credit: Reuters/Mario Anzuoni LOS ANGELES (Reuters) - Four billion dollars over four months, four years in a row. Those are figures that might make the ego of "Iron Man" Tony Stark swell even bigger. Entertainment  |  Film But the $4 billion is what Hollywood's studios will be aiming to collect at box offices during their lucrative summer film season that kicks off on Friday, starting four straight months of some of the year's biggest movies and biggest stars. The show begins with "Iron Man 2," about defense industry billionaire Stark (Robert Downey, Jr.) who builds an ultra high-tech suit that serves as a weapon. It will be followed by nearly 100 more films including a pair of remakes of 1980s titles "The Karate Kid" and "The A-Team." Before the season ends in September, Tom Cruise and Cameron Diaz will battle evil in "Knight and Day," Russell Crowe rob from the rich to give to the poor in "Robin Hood," the ladies of "Sex and the City 2" will go shopping in Abu Dhabi, and Jake Gyllenhaal will wield a mighty sword in action-packed Jerry Bruckheimer flick "Prince of Persia: The Sands of Time." "When you really sit down and think of how Bruckheimer works, he knows a really successful movie like this has to focus on a really successful story," Gyllenhaal told Reuters, talking about the producer of the "Pirates of the Caribbean" movies. Yet in the past it has been action and adventure that have boosted summer ticket sales. Last year's No. 1 summer flick, "Transformers: Revenge of the Fallen," helped push the 2009 season's ticket sales to just under $4.2 billion. Paul Dergarabedian of Hollywood.com believes this year's box office takings will top that figure, nudged along by nine sequels and seven 3D films, including "Shrek Forever After" and "Toy Story 3." "With the 3D component, we could have another record-breaking summer in revenue," he said. BRING ON THE POPCORN But for fans, the season is less about the money -- unless they're talking popcorn and sodas -- and more about movies. Through the first half of the summer, Hollywood's studios usher at least one major release into theaters each week, culminating on June 30 with "The Twilight Saga: Eclipse," starring heartthrob Robert Pattinson as vampire Edward Cullen and Kristen Stewart as the love of his immortal life, Bella Swan. The first two movies in the "Twilight" series took in a combined $1.1 billion but the second, last November's "New Moon," took its knocks from fans for being a bit too slow and moody. "Eclipse," directed by horror moviemaker David Slade, promises to be dark and action-packed. "The biggest (challenge) is keeping the series fresh and exciting -- for actors, for the crew but most importantly for the audience," said producer Wyck Godfrey. "A new filmmaker brings a new vision." On the romance front on May 14 comes comedy "Just Wright" starring Queen Latifah as a physical therapist training a suave basketball player and "Letters to Juliet," in which Amanda Seyfried portrays an American tourist who finds love in Italy. They are followed one week later by the first 3D movie of the summer, "Shrek Forever After," the "final chapter" in the series about the gentle, big green ogre and his princess Fiona. 3D films have had a major impact on box offices this past year (see "Avatar"), and Dergarabedian, for one, thinks they will be a big factor in the summer box office when children pack theaters while school is out. "Clearly they are going for that kid audience," he said. "3D really matters to kids." Comedies abound too, with titles such as the "Saturday Night Live" spin-off "MacGruber" and madcap rock 'n' roll film "Get Him to the Greek" starring Russell Brand and Jonah Hill. June 11 has been dubbed "80's week" by fans because action adventure "The A-Team" and action drama "The Karate Kid" go head-to-head, seeing which film can out-action the other. Finally, in those first two months before the U.S. Independence Day holiday on July 4, plenty of low-budget and independently-made movies will screen in theaters. Among the more buzzed-about titles are documentaries "Babies," "Restreppo" and "Casino Jack and the United States of Money," as well as Sundance drama "Winter's Bone" and comedy "Cyrus." (Editing by Belinda Goldsmith) Entertainment Film More from Reuters "Iron Man 2" packs a punch for Disney LOS ANGLES (Reuters) - "Iron Man 2," the first big Marvel superhero film to open since Walt Disney Co's $4 billion purchase of the studio, should pack a $200 million to $300 million profit punch for Disney, analysts said. Sinatra week ends Aaron Kelly's run on "Idol" Usher hits No. 1 on U.S. singles chart for 9th time Hollywood eyes another $4 billion summer movie season U.K.'s Conservatives get a "yes" from Simon Cowell "Iron Man 2" primed for superheroic U.S. opening » More Top News Greece vows to "walk alone" The Greek government said there was "no alternative" to deep budget cuts and said it would press ahead with the austerity plan in the face of violent opposition.  Full Article | Video  A snapshot of austerity to come Timeline: Greece's debt crisis Can Greece avoid default? Breakingviews: U.S. shouldn't be smug Slideshow: Chaos in Greece Greece Special Report: Bailed out and cashing in Wall Street bankers faced the most grief about their fat paychecks, but homebuilder execs' generous pay has gone under the radar despite their own brand of government bailout.  Full Article  Foreigners return to mortgage assets Home loan demand up More sellers cut home prices in April Housing Market © 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 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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