Disney can NOT be happy about movie business this weekend

[LynneSin]

Around the World in 80 days was the first Disney 'Blockbuster' of the summer. Costs over $110mill it tanked immediately at the theaters.

This past weekend Disney released it's next big 'blockbuster' King Arthur. It came in 3rd place for it's opening weekend behind Spiderman & Anchorman.

But get this:

King Arthur was in just shy of 3100 theaters and averaged $4900/theater.

But Fahrenheit 9/11 in just over 2000 theaters now averaged just shy of $5500 per film AND it's been out for 3 weeks now.

You have to think the stockholders at Disney are pretty peeved that they have 2 big budget movies that combined cost about $200million to make and they'll be lucky if they crack $100million for the both of them.

And they refused to show a little $6million dollar movie that will probably break $100million sometime next weekend

You do the math - Eisner totally messed this one up!!




http://story.news.yahoo.com/news?tmpl=story&cid=794&e=2&u=/eo/20040711/en_movies_eo/14489

[Sagan]

1. I'm a Disney stockholder

And I'm PISSED....

[7th_Sephiroth]

3. i bet

is this a good time to buy disney stock?

[7th_Sephiroth]

2. please disney shareholders

use this as an excuse to can eisner

[Kenergy]

4. Don't worry

Jeb will make it up to him :-)

[wryter2000]

6. Welcome to DU

:hi: Kenergy

[wryter2000]

5. And it couldn't happen to a more deserving guy

Buh-bye, Eisner.

[Dookus]

7. AND...

their patriotic schlockfest, America's Heart and Soul, has made less than $250,000 and is averageing $117 per screen.

[LynneSin]

10. $117 per screen?

at $9 a ticket that is 13 people per theater.

Why bother? I hope they bought alot from the snack bar!!!

[ikojo]

8. Boxofficemojo.com says Fahrenheit 9/11 has

grossed 80 MILLION DOLLARS since its release. That is a boatload of money. The film cost $6 million to make and they allotted $10 million for marketing....

A whole lot of profit is left over after you subtract the $16 million in expenses.

[Mojambo]

9. You know the best part?

This film is making Michael Moore so filthy stinking rich that he'll have no problems making films for the next 30 years.

The right-wing has got to just be quivering.

[yorgatron]

13. don't forget a large portion of that goes to charity

as per the deal to let them release it themselves.on a related note,i have a friend that works for PIXAR,and he says if it weren't for Eisner they'd stay with Disney...

[Deja Q]

11. Who needs money when it's all about politics?

Or is it the other way around? It's hard to tell, in this society, what the dominant factor is... oh well!

[Kokonoe]

12. Disney still gets 60% but says it will go to charity.