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Monday, 5 March 2012 - Animated 'Lorax' leads box office with big 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 popularity of the 3D animated "Lorax" far exceeded industry forecasts and helped lift total box-office receipts ahead of last year for the ninth weekend in a row. Danny DeVito provides the voice of the small orange Lorax who guards the trees in the film based on Seuss' 1971 book about preserving the environment. In the movie, Zac Efron provides the voice for a 12-year-old boy trying to win the heart of a young girl, voiced by Taylor Swift. Along the way, he discovers the story of the Lorax. Families turned out in force for the film, which cost $70 million to produce, and audiences gave it an "A" rating on average in polling by survey firm CinemaScore. Pre-weekend forecasts had suggested an opening as high as $50 million. "I couldn't be more excited," Nikki Rocco, president of distribution for Universal Pictures, said of the debut weekend tally. The movie satisfied "the need for a family film in the marketplace," she said. About 8 percent of sales came from giant IMAX screens, and 52 percent came from theaters equipped for 3D. Both formats command higher ticket prices. Before this weekend, the year's highest debut belonged to love story "The Vow," with $41.2 million. The weekend's second-place film, "Project X," also beat projections, debuting with $20.8 million at North American (U.S. and Canadian) theaters from Friday through Sunday. The teen-oriented comedy tells the story of three high school students who plan an epic party that spins out of control. The low-budget movie without big-name stars, which cost $12 million to make, drew in its target audience of young males. Marketing on Twitter helped get people talking on the social networking site and "propelled this movie well past anyone's expectations," said Jeff Goldstein, executive vice president of domestic distribution for Warner Bros. OSCAR BOOSTS 'ARTIST' Overall domestic ticket receipts beat the same weekend last year by nearly 26 percent, the ninth straight weekly increase, according to the box office division of Hollywood.com. So far, 2012 ticket sales are running 19 percent ahead of last year. In third place for the weekend, military drama "Act of Valor" pulled in $13.7 million. The movie released by privately held Relativity Media has grossed $45.2 million domestically since its release last weekend. Rounding out the top five on domestic charts, Denzel Washington thriller "Safe House" pulled in $7.2 million and Tyler Perry drama "Good Deeds" grossed $7.0 million. Fresh off its Oscar wins, black-and-white silent film "The Artist" gained 34 percent from last weekend to pull in $3.9 million domestically. The Weinstein Co. expanded the movie to 1,756 theaters from 966 after the film won five Academy Awards including best picture. The film's total domestic take now stands at $37.1 million since its limited release in November. The studio is "very happy with these numbers," said David Glasser, Weinstein's chief operating officer. "You have to remember we have a silent, black-and-white movie," he said. Comcast Corp's Universal Pictures released "Dr. Seuss' The Lorax" and "Safe House." "Project X" was distributed by Time Warner Inc unit Warner Bros. Lions Gate Entertainment released "Good Deeds." (Reporting By Lisa Richwine; editing by Todd Eastham) 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 See 10 Minutes of 'John Carter' Now (Video) 4:05pm EST Disney releases 10 minutes of footage from its high-budget "John Carter," which opens March 9 Indie Box Office: 'The Artist,' 'A Separation,' 'Undefeated' Get Their Oscar Bumps 3:25pm EST After winning five Oscars, including best picture, "The Artist" takes $3.9 million; Foreign language winner "A Separation" and documentary feature winner "Undefeated" also perform well Ralph McQuarrie, 'Star Wars' Designer, Is Dead at 82 2:53pm EST George Lucas credits conceptual designer Ralph McQuarrie with bringing his vision of "Star Wars" to the big screen. He was 82 Brad Pitt, George Clooney in All-Star Gay Marriage Play '8' (Video) 4:08pm EST As a pro-gay-rights lawyer, Martin Sheen was the effortlessly passionate standout in a streamed reading of "8" that also featured Brad Pitt, George Clooney, Kevin Bacon, John C. Reilly, and Jane Lynch   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 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.

    Other News on Monday, 5 March 2012
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    Animated 'Lorax' leads box office with big debut |
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