Hollywood will rack up a record summer box office haul, despite some big-budget flops, according to a USA Today story package that also points out the limits of social media in marketing. The industry is heading to a $4.7 billion total for summer box office (with days left in the season), compared to $4.4 billion in 2011—the current record. One article of the two-article … [Read more...] about Summer BO Sizzles, Online Marketing Fizzles
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Oscar TV Ad Sales Sizzle
Advertising sales for the Feb. 24 Oscar telecast are brisk, according to trade newspaper Advertising Age, which attributes strong demand comparison to recession-depressed rates in the past year and a belief a revamp this year will pull viewers. The performance of the Oscar telecast is of keen interest to the Academy of Motion Picture Arts and Sciences (AMPAS) because it … [Read more...] about Oscar TV Ad Sales Sizzle
Movie Soundtracks Make Comeback
Movie companies are once again pushing hard to sell soundtrack albums, which went into severe decline over the past decade along with overall revenue of the music industry. The rise of digital music streaming and downloads again make movie music an attractive licensed merchandise item and music licensing organizations have helped by making more favorable deals with movie … [Read more...] about Movie Soundtracks Make Comeback
Ad Giant Enters Film Research
The small world of Hollywood movie research just got a little more crowded with an affiliate of advertising giant WPP agreeing to acquire film research boutique Movies First International. The Penn Schoen Berland consultancy—which is the WPP affiliate—issued a press release announcing its buy of First Movies, which has offices in Los Angeles and London. The WPP behemoth has … [Read more...] about Ad Giant Enters Film Research
‘Cars 2’ Merchandise Bonanza
Cars 2” is already a gusher in licensed merchandise for Walt Disney. The Wall Street Journal newspaper estimates that “Cars 2”—which is the G-rated animated movie opening Friday—will surpass the $2.8 billion merchandise haul of “Toy Story 3.” Ira Mayer, publisher of the “Licensing Letter” and EPM Communications (who is also quoted in the book “Marketing to Moviegoers: Second … [Read more...] about ‘Cars 2’ Merchandise Bonanza
‘Pirates’ Franchise Sells $1.6bn in Merchandise
The four installments of “Pirates of the Caribbean” rolled up $1.6 billion at consumer-spend in global sales of licensed merchandise, says Disney Consumer Products. The fourth edition “Pirates of the Caribbean: On Stranger Tides” sets sail on its theatrical voyage theaters May 20. Based on standard licensing rates and Disney’s track record, book “Marketing To Moviegoers” … [Read more...] about ‘Pirates’ Franchise Sells $1.6bn in Merchandise
High Concept ‘Bruno’ Proves Fragile
The second weekend of “Bruno” plunged an astronomical 73% at the boxoffice, indicating the R-rated black comedy will fade fast after a decent opening and underscoring that “high concept” films are fragile. Universal Pictures’ Bruno grossed $8.3 million for the July 17-19 weekend on 2,759 screens in the U.S. and Canada. It took in $30.6 million on three less screens its … [Read more...] about High Concept ‘Bruno’ Proves Fragile
Movies Spend 7% For Online
eMarketer today published fascinating advertising figures for film distribution in a posting titled Hollywood Online Ad Spending, which deserves a look and my commentary. The look... eMarketer estimates total ad spending by "Hollywood" will be $16 billion this year. The media researcher estimates 7.7% of that will go online. The commentary... In my estimation, the $16 … [Read more...] about Movies Spend 7% For Online
3-D Screens Double Boxoffice
“Monsters vs. Aliens” pulled a robust $59.3 million for the three-day weekend on 7,300 screens, in a validation for 3-D cinema projection. Lionsgate’s horror film “The Haunting in Connecticut” grossed $23 million from half as many screens, in another strong debut, as cinema going continues to ride high despite the deep recession. Those figures are domestic box office—U.S. and … [Read more...] about 3-D Screens Double Boxoffice
No ‘Oscar Bounce’ For Nominees
Mainstream entertainment films lifted box office 15.4% year-to-date, but prestige films in the Oscar race are having a lousy year. The fabled “Oscar bounce” at the box office has eluded this year’s Academy Award contenders, notes the “Los Angeles Times.” “The whispers you hear everywhere around town are asking the same hushed question: What happened to the fabled Oscar … [Read more...] about No ‘Oscar Bounce’ For Nominees