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A.I.
Storms Japan Box Office
While
the opening of A.I.
didn't make a heavy dent in the box office in its home market, the
Steven Spielberg film made its way into the record books in Japan
with the biggest number of ticket sales ever during a two day opening.
Admissions over the weekend totaled 1,037,879, beating the record
set by Star Wars: Episode 1 with 916,540 admissions two summers
ago. Lower ticket prices prevented A.I. from picking up the
record of box office receipts, held by the Star Wars prequel.
64% of the movie market over the weekend went to the sci-fi pic,
grossing $11.6 million.
StudioCanal Goes Universal
StudioCanal,
part of the Vivendi Universal empire, will lose its autonomy and
be folded into Universal Pictures, representing a reversal of Vivendi
chairman Jean-Marie Messier's original plan to keep StudioCanal's
interests centered in Europe and separate from Hollywood. StudioCanal
will also be taken off the Paris stock exchange only 15 months after
it was floated in a move signaling independence. The merger between
Universal Pictures and StudioCanal will streamline Vivendi's entertainment
arm. StudioCanal, whose execs will relocate to LA, has been a major
force in European cinema through co-financing of lauded films such
as Cannes winner
The Son's Room.
Universal Drives Mulholland to the
States
Mulholland
Drive, the David Lynch-helmed pic that got him a best director
award at Cannes
this year, will be making its way to the US by way of Universal
Pictures's branch Universal Focus. StudioCanal, recently folded
into Universal Pictures, financed the film and sold US distribution
rights to Universal Focus. Lynch's other directing credits include
The
Straight Story, Lost Highway and Twin Peaks: Fire Walk
With Me. The new film, starring Laura Harring, Naomi Watts,
Justin Theroux and Ann Miller, will hit theaters by fall.
Pearl Harbor
Bombs in Finland
Pearl
Harbor's opening in Finland has disappointed distributor
Disney, as ticket admissions on opening weekend totaled only 25,000.
The lukewarm reception has been a pattern throughout Europe where
the film has not performed as well as expected. Finns were tempted
away from the theaters on last weekend by the French Grand Prix
on television. Even so, film admissions are down 8% from the first
six months last year. The most popular foreign movie in the first
half of 2001 has been Ang Lee's Crouching
Tiger, Hidden Dragon with almost 166,000 admissions.
Box Office Ready for Scary Summer
The
July 4th holiday in the US heralded the release of Scary Movie
2, prepping the box offices for huge summer returns. With the
record for the summer box office receipts set in 1999 at $3 billion,
this summer's releases could surpass the threshold. The original
Scary
Movie grossed $42.5 million in its first weekend and Hollywood
is expecting huge returns from the sequel. Other blockbusters are
also set for a later summer release including Planet Of The Apes,
Jurassic Park III and Rush Hour 2. Ticket sales for
this summer are up 6% from last year, with Shrek
making the best performance of the season.
Bridge Theater Missing a Few Links
The opening of the Bridge, a new luxury theater in LA, has been
delayed and will probably open later this week instead of last weekend,
missing the fruitful July 4th holiday. The cinema, delayed by finishing
construction, will charge premium ticket prices or $10.50, higher
than the other cinemas most expensive admissions at $9, but is marketing
the quality food and beverage selection. A "directors hall" cinema
is still planned with leather seats, live entertainment before the
movie--and an extra $3 added onto the ticket price.
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