Hey Everyone,
MTV Movies Blog has this really interesting article!
Enjoy it!
Cleopatra
Photo Credit : Summit Ent. 2009
Clearly, a mix of action and romance works wonders for building a
crossover audience. The first "Twilight" film was more than a modest
success with its $70 million opening weekend, but "New Moon" doubled
that figure. It leaves me wondering what we can expect for the
franchise moving forward, and how "New Moon"'s second week numbers
might inform our understanding of the possibilities. Not content to
wait, I got in touch with Jeff Bock, box office analyst for Exhibitor
Relations, to gather some insight from an expert.
"With such a strong opening [like 'New Moon'] you're guaranteed a
50-60% drop [in attendance]," Bock explained. "If we look at what the
original 'Twilight' did over the exact same year -- so we have a pretty
good comparison -- it dropped 62% [from week one to week two]." Even if
"New Moon" attendance drops by half, it will still earn in its second
weekend as much as "Twilight" did in its first.
"It's doubtful that ['New Moon'] will be able to [hang onto half of
last weekend's viewers]. I think something... along the lines of $50
million is probably more likely," he said. "That is a steep drop, but
still, any film that would gross $50 million in its first weekend would be considered a success, much less the second weekend."
No matter how safe or reckless you are with your predictions, it's
pretty clear that "New Moon" is in for another impressive weekend
performance. If more than 60-65% of viewers are shed, that too is
something worth discussing. But looking at the "Twilight" craze, it
seems more likely we'll be seeing the opposite, a better-than-expected
second weekend.
"You have to look at it in terms of, this is one of the top-tier
franchises in Hollywood right now," Bock explained. "And it does have
the buzz behind it that studios crave, and obviously ['Twilight'] is
outside the studio system. We're still talking about 'New Moon' being
leaps and bounds above what 'Twilight' was able to do [in domestic box
office performance], which was $200 million."
Bock also points out that domestic figures are just part of the
puzzle. "Twilight" seems to have a global appeal, after all. "We're
talking about a worldwide phenomenon now, where grosses can get up to
$700 million."
You Can Read The Whole Article HERE .



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