Skip navigation.
Sat Nov 7 20:26:17 2009 [Write for us] | [Login/Register]
Home
 

Recent comments

Dark Knight, Brilliant Box Office

Submitted by Rick Aristotle ... on Tue, 07/22/2008 - 07:54. ::

Well played, Batman. Time Warner 's (NYSE: TWX) latest installment in the superhero series -- The Dark Knight -- set a new record for domestic theatrical debuts, ringing up $155.3 million in ticket sales over the weekend.


Dark Knight, Brilliant Box OfficeGet original file (9KB)

The film's head-turning debut topples the $151.1 million box office take that Sony 's (NYSE: SNE) Spider-Man 3 pushed through in its opening weekend last year.

Just as Batman seeks to inspire the downtrodden citizens of Gotham City, this news should give investors new hope:

Regal (NYSE: RGC) and AMC (NYSE: AC). Whether the economy is sound enough for consumers to afford movie tickets en masse, or times are so rough that a break from reality is in order, the exhibitors are holding up nicely.Having Batman knock out Spider-Man actually means good things for both Marvel Entertainment (NYSE: MVL) and Time Warner's DC Comics. Audiences are apparently still hungry for superhero action flicks, as long as they are draw the sort of favorable reviews that Dark Knight and Marvel's Iron Man did. Iron Man remains this year's biggest film (for now), with $314.3 million in domestic ticket sales since its May arrival.This summer may be crowded with potential juggernauts fighting for elbow room, but there is apparently enough room for the biggest stars to shine. 

The news also means that Viacom 's (NYSE: VIA) Paramount -- which distributed the three highest-grossing films to date in 2008, Iron Man, Indiana Jones and the Kingdom of the Crystal Skull, and DreamWorks Animation 's (NYSE: DWA) Kung Fu Panda -- is unlikely to hog those top three spots by the time summer has run its course.

If the summer doldrums find you longing for a little air-conditioned escapism, the local multiplex is waiting for your hungry eyes. Grab a ticket ahead of time, though. You don't want to be caught on the wrong side of a ticket taker on a sold-out screening.

Copyright © 2008 Universal Press Syndicate.

Post new comment

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

User login

LiveZilla Live Help