While Jumanji: Welcome to the Jungle is winding down its epic box office run, the global blockbuster just beat a 16-year-old record. The sequel just passed the $403.7 million tally of 2002's Spider-Man, to become Sony's highest-grossing movie ever. Worldwide, Jumanji: Welcome to the Jungle has taken in $950.7 million worldwide, and while it won't cross the $1 billion plateau, or best Skyfall ($1.1 billion) as Sony's highest grossing worldwide film, it did earn over 10 times its $90 million budget. Here's what Sony Pictures Entertainment Group chairman Tom Rothman had to say about how Jumanji managed to pull off this impressive feat. Rothman added that the core story, where four teenagers are turned into video game avatars that represent their polar opposites in the real world, is a, "big, highly relatable idea across all demographics." While the movie did pay homage to the original 1995 Jumanji movie starring Robin Williams, it was most certainly not a remake or a reboot of the … [Read more...] about Jumanji 2 Beats Spider-Man as Sony’s Highest Grossing Movie
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In a defining moment for Hollywood, Disney and Marvel Studios' Black Panther exploded at the Presidents Day box office, bounding to a record-shattering estimate of $201.8 million for the three-day weekend and a projected $235 million-plus for the four-day holiday frame. Those grosses are substantially ahead of Sunday's estimates of $192 million and $218 million, respectively. Overall revenue for the holiday weekend looks to be up a staggering 88 percent over last year, pushing revenue year-to-date in the black by nearly 7 percent. The Ryan Coogler-directed movie — unprecedented in being a big-budget studio tentpole featuring a virtually all-black cast — secured the fifth-biggest domestic opening of all time after blasting past all expectations. And it nabbed one of the top four-day grosses of all time after stomping past Jurassic World ($234.1 million) to land behind Star Wars: The Last Jedi ($241.6 million) and Star Wars: The Force Awakens ($288.1 million). Black Panther … [Read more...] about Weekend Box Office: ‘Black Panther’ Bounds to Record-Shattering $235M-Plus Bow
Sony's Jumanji: Welcome to the Jungle has become quite the unconventional box office hit, debuting strong but ultimately finishing in second place behind Star Wars: The Last Jedi during its first two weekends before winning three frames in a row last month. We reported yesterday that, after being unseated by 20th Century Fox's The Maze Runner: The Death Cure last weekend, this epic adventure returned atop the box office by taking down newcomer Winchester, winning with just $11 million. In doing so, it matched a record set by Titanic that had stood for almost exactly 20 years. While Jumanji's box office win this past weekend may not have been by a huge margin, it became the first movie released in December to win a box office weekend in February since Titanic did in the first weekend of February back in 1998. That particular weekend, the eighth frame of Titanic's epic box office run, still holds another record as the highest eighth weekend gross in box office history, with just over $23 … [Read more...] about Jumanji 2 Ties 20-Year-Old Titanic Box Office Record
"We're like one brain with two sides," laughs Tom Bernard as I sit down to record an episode of the 'Awards Chatter' podcast with him and his co-founder/co-president of Sony Pictures Classics, Michael Barker, who says of the art-house films they release through Sony's indie division, "I believe we make a difference on these films, and that's why we don't do other kinds." (Click below to listen to this episode now or click here to access all of our episodes via iTunes. Past guests include Steven Spielberg, Amy Schumer, Harvey Weinstein, Lady Gaga, Will Smith, Kristen Stewart, Samuel L. Jackson, Brie Larson, J.J. Abrams, Kate Winslet, Ridley Scott, Sarah Silverman, Michael Moore and Lily Tomlin.) The understated Texans-turned-New Yorkers have worked together for the last 37 years, initially at Films Inc. (1979-1980), a distributor of 16mm films; then at UA Classics (1980-1983), the art-house division of filmmaker-centric United Artists; then at Orion Classics (1983-1992), a similar … [Read more...] about ‘Awards Chatter’ Podcast — Michael Barker and Tom Bernard (Sony Pictures Classics)
Will Sony’s incoming CEO have Hollywood in mind?On Feb. 1, the conglomerate said its top exec, Kaz Hirai, 57, would hand over the reins to chief financial officer Kenichiro Yoshida, 58, on April 1. The move ignited speculation that Sony’s entertainment assets could end up auctioned.Hirai, who rose through the music and games divisions, has been a passionate advocate for Sony Pictures Entertainment (SPE), while Yoshida, a hard-nosed veteran of finance and corporate strategy, not so much. But despite a reputation for paring or axing underperforming divisions, many Sony-watchers believe Yoshida is unlikely to unload SPE.Yoshida joined Sony in 1983, a year before Hirai. Moving through a range of divisions, including a four-year stint at Sony of America in the early 1990s, Yoshida become an executive at Sony Corp. in 2007. Made CFO by Hirai in 2014, Yoshida became his "valuable confidant and business partner" as they "took on the challenge of transforming Sony together."The … [Read more...] about Will Sony’s New CEO Care About Hollywood?