Record-Breaking Six Studios Join This Year's Billion Dollar Club; Cries Of Impending Poverty To Follow
· While the AMPTP's member companies insist that internet will remain a revenue-deficient wasteland in perpetuity, they seem to be doing quite well in their multiplex-based lines of business, as an unprecedented six major studios have crossed the $1 billion threshold in 2007. Fox joined Paramount, Warner Bros., Disney, Sony, and Universal in the Billion Dollar Club behind this weekend's Alvin and the Chipmunks performance, while the 'Mount won the overall market share title thanks to DreamWorks-supplied Shrek and Transformers. Congratulations to all of the faceless corporate entities further enriched by the bad taste of the American moviegoing public! [Variety]
· We take back what we just said about ticket-buyers' poor taste, as instant classic and prohibitive Best Picture favorite National Treasure: Book of Secrets was rightly rewarded with another $55.4 million over the five-day holiday weekend. [THR]
· Another place where the studios are making more money than ever: the overseas box office. [Variety]
· Fox is delighted that college football players never go on strike, winning Tuesday's Nielsen battle in both total viewers and The Coveted 18-49 Demographic on the strength of the Hawaii/Georgia Sugar Bowl. [THR]
· Recent Sweeney Todd star Sacha Baron Cohen, still doggedly determined to leave his provocative, naked-fat-guy-wrestling big-screen persona behind, is attached to play "hippie ringleader" Abbie Hoffman in Steven Spielberg's long-gestating™ project The Trial of the Chicago Seven. [Variety]