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This topic comprises 4 pages: 1 2 3 4
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Author
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Topic: Had many "Cars" walkouts?
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Mike Blakesley
Film God
Posts: 12767
From: Forsyth, Montana
Registered: Jun 99
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posted 06-13-2006 01:56 PM
Most of us agreed that "Cars" was too long in the reviews section. Now we have this from the Internet Movie Database:
IMDB Link
Ticket sales for Disney/Pixar's "Cars" dropped significantly below what the company had expected on Sunday -- usually a good day for family films. As a result, the final weekend tally came to $60.1 million, rather than $62.8 million, as the studio had estimated. The drop in ticket sales seemed to suggest that word-of-mouth was not so strong as it had been for Pixar's previous animated films. (There were reports over the weekend that some parents were leaving theaters with restless kids before the movie ended.) If so, mid-week ticket sales for the movie -- usually a strong time for family fare during the first week of school vacation -- could be seriously affected. In any event, investors, sensing that Pixar may not prove to be the infallible entity that it was cracked up to be, began unloading Disney shares Monday. (At one point in early trading, they were down nearly 4 percent but then seemed to rebound, closing the day off 1.5 percent at $28.90.) In a note to clients, Citigroup analyst Jason Bazinet downgraded the stock to "hold" from "buy." Banc of America analyst Doug Shapiro wrote that the lower-than-expected box-office results for Cars raised "questions about the rationale for the Pixar deal." (Disney had acquired Pixar earlier in the year for $7.4 billion.) However, Doug Mitchelson of Deutsche Bank Securities pointed out, "The movie has little competition most of the rest of the summer and could continue to see revenue through the end of August." And several analysts stuck to forecasts that the film would earn between $600 million and $650 million worldwide.
======= (Me again) As usual, this news overlooks one big factor: There have been a bunch of kid-films already this year, including the large hit "Over the Hedge" just 3 weeks ago. How much money are parents supposed to have, anyway? (I know, unlimited amounts.)
Personally here, we have experienced ZERO walkouts except for one lady who thankfully removed a screamin' baby. Otherwise the kids seem vastly entertained and we're seeing repeat business from some of the teens too. How's it going in your area?
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