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Monday, 26 March 2012 - 'Hunger Games' gorges on $214 million global debut |
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      Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. 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The film is based on the popular young adult book series by Suzanne Collins. Credit: Reuters/Allison Joyce By Lisa Richwine LOS ANGELES | Mon Mar 26, 2012 10:37am EDT LOS ANGELES (Reuters) - Post-apocalyptic action movie "The Hunger Games" opened with a staggering $155 million at U.S. and Canadian box offices, beating Hollywood's lofty expectations and making history as the third-highest domestic film opening. Internationally, the Lions Gate Entertainment drama about an oppressive society's teen death match added $59.3 million from 67 markets for a global haul of $214.3 million. The massive U.S. and Canadian debut for the film ranked behind only last summer's "Harry Potter" finale and 2008 Batman movie "The Dark Knight," Lions Gate said. The movie's success brings the first blockbuster franchise to Lions Gate, a smaller Hollywood studio best known previously for the "Saw" horror series and comedian Tyler Perry's films. "Hunger Games" set records for highest opening of a non-sequel film and biggest debut outside the summer blockbuster season. "The first movie in a franchise, to post a number like this, is really insane. There is no other word for it," said Phil Contrino, editor of Boxoffice.com. "'Harry Potter' had seven movies before it got to that point, and 'Dark Knight' had years and years of building the Batman brand. This movie comes and hangs with them in the same league," Contrino said. "Harry Potter and the Deathly Hallows - Part 2" opened with $169.2 million domestically over its opening weekend, while "Dark Knight" took in $158.4 million, according to Hollywood.com. "Hunger Games" is an action-filled survival drama based on the first of three best-selling young adult novels by Suzanne Collins. Jennifer Lawrence stars as Katniss Everdeen, a teen girl who fights in a televised battle-to-the-death ordered by her society's rulers. Everdeen becomes a beacon of hope for freedom against the totalitarian government. Lions Gate executives got a sense of the huge appetite for "Hunger Games" when they ventured with director Gary Ross and producer Nina Jacobson to the ArcLight Cinema in Hollywood late Thursday ahead of the first screenings just after midnight. Fans packed the lobby for showings on multiple screens, with many of the book's devotees dressed as characters. Similar scenes occurred across the country. By Saturday evening, executives went to bed thinking the film would finish the weekend with about $140 million domestically. But sales held up stronger than expected from Friday night to Saturday night, dropping just 25 percent instead of the typical 40 percent or more. "To launch a franchise like this is incredible. It's above and beyond our expectations," David Spitz, executive vice president of domestic distribution for Lions Gate, said on Sunday. "We're just going to enjoy the ride." Going into the weekend, industry forecasters projected about $125 million in domestic receipts from Friday through Sunday. Box-office watchers compared the movie's drawing power to the "Twilight" vampire romance films, another franchise based on popular young adult books. The "Hunger Games" blew past the domestic debuts for each of the first four "Twilight" films, which Lions Gate now owns after buying Summit Entertainment in January. "Hunger Games" rung up an average of $37,467 at 4,137 domestic locations from Friday through Sunday. Audiences applauded the film adaptation of the book, giving the movie an "A" grade on average in polling by survey firm CinemaScore. "Hunger Games" appealed to more adults and more males than "Twilight," which banked a large chunk of its receipts from teenage girls, Contrino said. Fifty-six percent of the "Hunger Games" audience was over age 25, and 39 percent was male. The movie cost about $80 million to produce after tax credits. The studio pre-sold distribution rights in foreign markets other than Britain to cut its cost to about $30 million. That reduced the risk but also limited the money Lions Gate will get from overseas sales. SOCIAL MEDIA MARKETING DRIVE To reach the film's core audience of younger viewers, the movie's $45 million marketing budget made aggressive use of the Internet, including a game on Facebook, YouTube videos and a blog on the site Tumblr dedicated to the film's fashion. Anticipation built among fans and on Wall Street, where Lions Gate shares jumped nearly 33 percent in the six weeks leading up to the film's Friday opening. Shares rose from $10.95 on February 8 to $14.53 on March 23. Toy companies also are trying to score big off the movie. Teen retailer Hot Topic Inc said last week it had sold out some "Hunger Games" merchandise. Hasbro Inc and Mattel Inc also have licenses to market toys based on "Hunger Games." To win the rights to make the film, Lions Gate beat out bigger and better funded rivals with personal appeals to Collins beginning in 2009. At the same time, Lions Gate was simultaneously fending off investor Carl Icahn, who took a 33 percent stake in Lions Gate and launched an unsuccessful proxy fight to elect five board members to the studio's board of directors. Icahn bailed out on Lions Gate in August 2011, selling his 44 million shares for $7 apiece and losing out on a $331 million profit based on Lions Gate's closing stock price on Friday. Elsewhere this weekend, "Hunger Games" had little competition at the domestic box office. No other new movies were released nationwide. Comedy "21 Jump Street" took second place for the weekend with $21.3 million, and animated "Dr. Seuss' The Lorax" finished third with $13.1 million. Rounding out the top five, Disney sci-fi adventure "John Carter" pulled in $5.0 million, and military drama "Act of Valor" grossed $2.1 million. (Editing by Bill Trott and Eric Walsh) Entertainment Fashion Film Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints Entertainment News From the Wrap Universal Wins 'Fifty Shades of Grey' Trilogy Rights 12:04pm EDT Will develop erotic series with Focus Features Mike Daisey Apologizes to Journalists, Human Rights Groups and Audiences -- But Not Apple 11:40am EDT The monologist says he violated trust and lost grounding with his report on factory conditions at an Apple supplier 'Mad Men' Season Premiere Song -- 'Zou Bisou Bisou' -- Out on iTunes (Video) 11:15am EDT Megan's birthday present to Don Draper will also be available as a limited edition vinyl release Jimmy Kimmel Hosting Emmys for First Time 10:40am EDT Don Mischer will executive produce for 12th time   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. 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. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   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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