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A Christmas Carol number 1

Evan — Mon, 09 Nov 2009 06:17:55 +0000

‘A Christmas Carol’ had the top movie revenue for the week. Jim Carrey delivers a solid start to the holiday season box office, even though sales were down from this time last year.

Disney’s animation movie cost $175 million to get out of the gates, and it has returned $31 million in movie revenue in its first week.

A long run abroad, combined with some bad weather on the weekends could blow up the revenue numbers for A Christmas Carol going forward. The U.S. had a mild weekend this weekend which could have impacted Disney’s box office results.

CNN’s article noted The $175 million animated movie, which utilized performance-capture technology to allow Jim Carrey to play multiple roles from Charles Dickens’ beloved story, represented the best opening in director Robert Zemeckis’ career.

And even though ‘Carol’ performed a bit below expectations, the family film should hold up well in the coming weeks, especially since it’ll be playing on nearly 200 pricey IMAX screens until “Avatar” opens on December 18.

Do you think Disney’s A Christmas Carol Will Earn Back What It Cost To Produce?

Review: Jim Carrey Good, A Christmas Carol Not So Good

Evan — Fri, 06 Nov 2009 10:16:00 +0000

The early reviews are in and the Washington Post is saying that they like the efforts of the cast, but that the animation was distracting and inhuman.

Disney’s A Christmas Carol
Too much spirit, too little heart

…despite the Herculean efforts of the voice cast, which includes Jim Carrey as Scrooge and the ghosts that visit him, and Gary Oldman as Scrooge’s dead partner Jacob Marley, Scrooge’s clerk Bob Cratchit and Cratchit’s son Tiny Tim. That the film takes advantage of the latest 3-D technology isn’t entirely a bad thing either…Read The Whole Review.

Disney’s A Christmas Carol Teaser

Marvel Movie Revenue Way Down

Evan — Wed, 04 Nov 2009 06:59:17 +0000

.. but they made a profit, while their restructuring with new parent corporation Disney is ongoing.

Marvel Entertainment 3Q Profit Down 60% On Lower Film Rev
Marvel Entertainment Inc. (MVL), which is being bought by Walt Disney Co. (DIS), reported third-quarter earnings slumped 60% on lower film revenue, as well as lower licensing sales related to last year’s “Iron Man” and “Incredible Hulk” films.

On Aug. 31, Disney, the largest U.S. media company by market value, said it agreed to pay $4 billion for Marvel, the creator of comic-book characters Spider-Man, the X-Men and thousands of others.

Marvel last month said it wouldn’t provide a financial outlook for 2009 or next year given the proposed acquisition. In August, the company had raised its 2009 earnings and sales forecast, citing a stronger-than-expected performance in the first half.

The company Tuesday posted a profit of $20.4 million, or 26 cents a share, down from $50.6 million, or 64 cents a share, a year earlier. Net sales tumbled 42% to $105.7 million, on a lower level of film activity and related licensing. …Read The Whole Wall Street Journal Article.

Is this fancy Hollywood smoke & mirrors accounting? Tell us what you think.