Showing posts with label Hollywood. Show all posts
Showing posts with label Hollywood. Show all posts

Monday, 31 December 2012

Hollywood tops Chinese film market in 2012, first time in four years

SHANGHAI | Mon Dec 31, 2012 12:02pm EST

SHANGHAI (Reuters) - China's 2012 box office was dominated by foreign films for the first time in four years as a deal cemented earlier this year saw more Hollywood film screened on the mainland, squeezing out domestic competition.

China's box office receipts are expected to reach 16.8 billion yuan ($2.7 billion) in 2012 and about 8 billion yuan ($1.28 billion), or slightly less than half the receipts, are from domestic films, the official People's Daily reported on Monday, quoting estimates from the State Administration of Radio, Film and Television.

It is the first time in four years that domestic film receipts totaled less than 50 percent of the market and signals that the February trade agreement to allow more Hollywood movies to be screened in China is having a significant impact on the country's movie industry.

Last year, domestic films made up 54 percent of box office receipts, down slightly from 56 percent in 2010, local media reported. China agreed in February to open its market to more American movies, permitting 14 premium format films such as IMAX or 3D to be exempt from the annual 20 foreign film quota.

Last month, Tian Jin, China's vice minister of the State Administration of Radio, Film and Television, said the U.S. film industry was reaping massive profits due to the February concession while domestic producers were under pressure.

However, the best-selling film this year is a low-budget, domestically-produced comedy called "Lost in Thailand" about two rival businessmen. The movie drew a bigger audience in China than James Cameron's "Avatar", the People's Daily said.

($1 = 6.2335 Chinese yuan)

(Reporting by Melanie Lee; Editing by Matt Driskill)


View the original article here

Hollywood tops Chinese film market in 2012, first time in four years

SHANGHAI | Sun Dec 30, 2012 11:01pm EST

SHANGHAI (Reuters) - China's 2012 box office was dominated by foreign films for the first time in four years as a deal cemented earlier this year saw more Hollywood film screened on the mainland, squeezing out domestic competition.

China's box office receipts are expected to reach 16.8 billion yuan ($2.7 billion) in 2012 and about 8 billion yuan ($1.28 billion), or slightly less than half the receipts, are from domestic films, the official People's Daily reported on Monday, quoting estimates from the State Administration of Radio, Film and Television.

It is the first time in four years that domestic film receipts totaled less than 50 percent of the market and signals that the February trade agreement to allow more Hollywood movies to be screened in China is having a significant impact on the country's movie industry.

Last year, domestic films made up 54 percent of box office receipts, down slightly from 56 percent in 2010, local media reported. China agreed in February to open its market to more American movies, permitting 14 premium format films such as IMAX or 3D to be exempt from the annual 20 foreign film quota.

Last month, Tian Jin, China's vice minister of the State Administration of Radio, Film and Television, said the U.S. film industry was reaping massive profits due to the February concession while domestic producers were under pressure.

However, the best-selling film this year is a low-budget, domestically-produced comedy called "Lost in Thailand" about two rival businessmen. The movie drew a bigger audience in China than James Cameron's "Avatar", the People's Daily said.

($1 = 6.2335 Chinese yuan)

(Reporting by Melanie Lee; Editing by Matt Driskill)


View the original article here

Friday, 28 December 2012

Natalie Portman, Kristen Stewart most bankable Hollywood stars

Actress Natalie Portman arrives at the 84th Academy Awards in Hollywood, California, February 26, 2012. REUTERS/Lucas Jackson

Actress Natalie Portman arrives at the 84th Academy Awards in Hollywood, California, February 26, 2012.

Credit: Reuters/Lucas Jackson

NEW YORK | Wed Dec 26, 2012 2:05pm EST

NEW YORK (Reuters) - Actresses Natalie Portman and Kristen Stewart are Hollywood's most bankable stars and provide studios with the highest average returns for their films, according to Forbes.com.

Academy award winner Portman topped the list of best actors for the buck, providing about $42.70 for every dollar she earns.

"Black Swan," for which she won her best actress Oscar, was produced for an estimated $13 million and earned $329 million in global box office sales.

"We estimate that for every dollar Portman is paid by the studios, she returns $42.70. Compare that to Eddie Murphy, our most overpaid star, who returns $2.30 for every dollar he gets paid," Forbes.com said.

"Twilight" star Stewart was not far behind, bringing in $40.60. She also topped the Forbes list of highest-earning actresses with an estimated $34.5 million in salary in 2012.

"Stewart was able to earn a ton over the last three years and offer a healthy return thanks to 'Twilight,'" according to Forbes.com. "Even though she was paid $25 million to star in the last two films, she was clearly worth the money."

Forbes.com analyzed salaries, estimated box office grosses from the actor's last three films over the previous three years to calculate the studio's return on investment. The most bankable stars tended to be featured in the most profitable films.

Stewart's two co-stars in the "Twilight" films were also good investments for the studio. Robert Pattinson came in fourth with a return of $31.70 and Taylor Lautner was No. 6, making $29.50 for the studio for every dollar he was paid.

(This story was refiled to correct spelling of Kristen)

(Editing by Steve Orlofsky)


View the original article here

Christmas box-office haul paces Hollywood for record year

Actor Dennis Christopher attends the 'Django Unchained' premiere in New York December 11, 2012. REUTERS/Andrew Kelly

Actor Dennis Christopher attends the 'Django Unchained' premiere in New York December 11, 2012.

Credit: Reuters/Andrew Kelly

By Eric Kelsey

LOS ANGELES | Wed Dec 26, 2012 2:37pm EST

LOS ANGELES (Reuters) - A strong Christmas-day box office performance by musical "Les Miserables" and western "Django Unchained" put Hollywood on pace to set an all-time box office record with $10.8 billion in annual revenue, box-office tracker Hollywood.com said on Wednesday.

Universal Pictures' star-studded "Les Miserables" took in a weekday Christmas record of $18.2 million in the United States and Canada when it opened on Tuesday, according to studio estimates of weekday ticket sales.

Quentin Tarantino's spaghetti western "Django Unchained," starring Jamie Foxx and Leonardo DiCaprio, hauled nearly $15 million for The Weinstein Co.

Studios "are definitely on the road to a record year with $10.8 billion expected (up 6 percent over last year and beating the previous record of $10.6 billion in 2009)," Hollywood.com analyst Paul Dergarabedian told Reuters in an email, adding that the number of tickets sold should climb 6 percent from 2011 to 1.36 billion.

Dergarabedian credits a successful marketing year for studios as a chief reason for the projected box-office record, as well as spring and summer smashes "The Hunger Games" and "The Avengers" helping boost revenue.

"It was not just the fact that most of the movies delivered, it was the timing of their release dates and the marketing was obviously effective as well with social media continuing to provide an outlet for the movie-going peer group to talk about their favorite flicks," Dergarabedian said.

"The Hobbit: An Unexpected Journey," based on the J.R.R. Tolkein classic fantasy novel, brought in $11.4 million on Christmas day after ruling the box office with nearly $37 million in sales over the weekend.

Billy Crystal family film "Parental Guidance" debuted in fourth place with about $6.4 million in Christmas sales while Tom Cruise's "Jack Reacher," which featured author Lee Child's character in an investigation into a sniper shooting, was fifth with some $5.3 million.

"The Hobbit" was distributed by Time Warner Inc's Warner Bros. Studio. News Corp's 20th Century Fox released "Parental Guidance" and Paramount Pictures, a unit of Viacom, released "Jack Reacher." Universal Pictures is owned by Comcast Corp.

(Reporting by Eric Kelsey; Edited by Ronald Grover and Andrew Hay)


View the original article here

Friday, 21 December 2012

Moroccan road film subverts Hollywood stereotypes

By Andrew Hammond

DUBAI | Fri Dec 21, 2012 8:50am EST

DUBAI (Reuters) - When director John Slattery first visited Morocco, the familiarity was jarring - and as removed from the images of an exotic Orient conjured up by Hollywood as possible.

That dichotomy between the representation and the reality of Morocco drives Slattery's charming paean to a country he clearly loves and makes "Casablanca, Mon Amour" a thoughtful rejoinder to U.S. popular culture.

Two young Moroccans spend three weeks travelling their native country, filming what they see on a digital camera while passing by studios and locations that have formed the backdrop for many Hollywood blockbusters, an industry Morocco has cultivated.

The film is spliced with shots of endearingly bemused or nervous ordinary people giving their thoughts to the camera about Hollywood and its global stars, as well as clips from classics such as "Casablanca" featuring off-the-cuff anti-Arab slurs like "you can't trust them" and "they all look alike".

"We had the idea of going on this trip and to be this stupid American film crew going to make this traditional movie using Morocco, but we wanted to subvert that," Slattery said after a screening at the Dubai international film festival this week.

"There was not really a script but the trip was their trip and so wherever they went we followed them. So that way they were really directing the film."

Shot by Hassan, who narrates the road trip in French, the images shift from scenes of daily life caught on camera, to his comically testy relationship with his travelling companion Abdel, to a troupe they stumble upon in Meknes that plays traditional Moroccan "malhoun" music.

Hassan, a real-life film school student at the time, is using the road trip for a class project, while Abdel wants to visit a dying uncle on the other side of the country.

Slattery includes footage from Moroccan television from the Marrakech film festival in which comic actor Bashar Skeirej declares that "a country without its own art will never have a history".

It's a subtle suggestion that the government should do more to promote domestic film rather than just rent out landscapes for Hollywood misrepresentation.

Morocco has formed the backdrop for a fictionalized Orient in "Ishtar", doubled as Abu Dhabi in the "Sex in the City 2" and been various distant planets in Star Wars films.

"National cinemas in many countries are being destroyed or have been destroyed because of this massive power of marketing that is Hollywood," said Slattery, a California-based American of Irish origin. "They destroy little films, they destroy the possibility for little stories."

The film, a labor of love that took Slattery seven years to complete, borrows from the book "Reel Bad Arabs", author Jack Shaheen's study of Hollywood's anti-Arab stereotypes. Its title references Alain Resnais's 1959 French New Wave classic "Hiroshima, Mon Amour".

"(When) I would say 'Morocco', people would say 'were you scared', or a polite 'what was that like?'," Slattery said, recounting reactions in the United States when he would talk about his first experiences as a peace corps volunteer.

"There was that whole category of fear in the responses, or 'Morocco, you must have seen Lawrence of Arabia', or 'Blackhawk Down'! - all these film titles. That stuck with me, this fear and movies were the two references for Morocco."

Yet Slattery's first day in the North African country could not have been more mundane, he said.

A colleague whisked him off to a rural home near Rabat where he met farmers who reminded him of Ireland.

"This guy opens (his door) in a tweed jacket that was all torn up. This is how these old farmers dress in Ireland, and his hands were all calloused and dirty. It just felt very familiar to me," Slattery said.

"His grandmother had a television hooked up to a car battery for electricity. I spent the weekend there, hanging out with these people, cutting hay and stuff, and I just thought 'this is Ireland'."

(Editing by Paul Casciato)


View the original article here