|
A hero’s welcome at Box Office for ‘Beowulf’
Carl DiOrio
LOS
ANGELES—The weekend’s box office crown should be copped by an animated
feature based on an Old English epic poem. That would be director Robert
Zemeckis’ passion project “Beowulf,” which is on track to open with as
much as $30 million. Other new entrants during the busy pre-Thanksgiving
frame include Fox’s family fantasy “Mr. Magorium’s Wonder Emporium,”
with Dustin Hoffman and Natalie Portman, and New Line’s literary
adaptation “Love in the Time of Cholera.”
The Nicole Kidman vehicle “Margot at the Wedding” and director Brian De
Palma’s Iraq-themed “Redacted” open in limited release. Prerelease
tracking for “Beowulf” shows good strength in all demographics except
for older women, and younger males have displayed truly avid
anticipation. “It has the look and feel of a movie that will perform
stronger internationally than domestically,” said David Davis, managing
partner and entertainment adviser at Arpeggio Partners in Los Angeles.
“It’s kind of an action-adventure with a cast that should play well
overseas.”
Brit Ray Winstone performs in the title role of the motion-capture
production, with John Malkovich, Anthony Hopkins and Angelina Jolie
co-starring. “Beowulf’s” budget is estimated at $150 million.
Producer/political activist Steve Bing’s Shangri-La Entertainment
provided about two-thirds of the funding. Paramount is distributing
“Beowulf” domestically, and Warner Bros. will distribute
internationally.
“Emporium” looks likely to open in the teen millions, so third-week
titles “Bee Movie” and “American Gangster” could outmuscle the rookie
for the silver and bronze medals. “Bee Movie” led last weekend with $25
million. “Cholera” is unlikely to make it out of the single-digit
millions. Meanwhile, industrites also will be watching for signs that
the market can finally shrug off the theatrical malaise that has
hampered grosses in recent weeks.
In seven of the past eight weekends, sales underperformed the same frame
a year earlier. Fall grosses are running 5% behind those from a year
ago, though the industry still is tracking 6% ahead on a year-to-date
basis. |