SUMMER SLUMP? Will Smith’s ‘MIB3′ Slows To $70M Memorial Weekend; Fifth Major Movie To Disappoint While ‘The Avengers’ Sets New $500M Domestic Speed Record

By NIKKI FINKE | Sunday May 27, 2012 @ 9:45pm PDT

SUNDAY PM, 5TH UPDATE: My sources report a single-digit drop from Saturday to Sunday as Sony hoped (right now -8%). So Men In Black 3 domestic projections of $55M three-day weekend and $70M four-day Memorial Holiday may stand. Although rival studios say the numbers are $54.5M/$68M. That’s not anywhere close to the $90M where Hollywood thought this popular franchise could open its threequel, or the $80M which Sony expected. Even not adjusted for the 3D premium, or higher ticket pricesm or inflation, MIB3 couldn’t beat Will Smith’s I Am Legend ($77M in 2007) or Hancock ($62M in 2008). Problem is that MIB3 was very expensive to make. (more below…)

SUNDAY AM, 4TH UPDATE: A lot was riding on this weekend’s worldwide totals for Will Smith (back at cineplexes after a 4-year hiatus) and Sony (reviving a costly Columbia Pictures franchise that was dormant for a decade). But Memorial Weekend newcomer Men In Black 3 is now the 5th major studio release that has underperformed domestically at the start of Summer 2012. Plus, demonstrating more trouble for Hollywood, overall moviegoing of $190M is down a huge -32% from last year’s record. Overseas, MIB3 was off to a better start, and Sony is projecting it to take in an estimated $202M worldwide total during its first few days of release in 106 territories. Of that, IMAX sales contributed approximately $12M to the global cume, which is 20% higher than the previous record for a worldwide Memorial Day release because of aggressive IMAX building overseas. Sony said MIB3 was #1 in 104 countries. In this country, yes, MIB3 finally vanquished three-time #1  Marvel’s The Avengers which was starting its 4th week in domestic release. Even so there’s continuing good news for Disney’s 3D superhero assembly: it crossed $500M on Saturday, reaching the mark in just 23 days which is setting a new speed record (better than Avatarwhich took 32 days). In 3,918 theaters, it’s a solid #2 with about a $36.9M three-day weekend and a $48.5M Memorial Holiday. It is currently the #4 film of all time globally and domestically and is currently the #5 film of all time internationally, passing Transformers: Dark of the Moon ($771M) this weekend. Even if Avengers weren’t sucking the air out of North American box office, trust me when I say the movie moguls are worried what lies ahead for their films in June after a dismal domestic May… READ MORE »

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R.I.P. Television Mogul Lee Rich

By NIKKI FINKE | Friday May 25, 2012 @ 10:29am PDT

2ND UPDATE: Lee Rich, the powerful TV mogul responsible for some of the medium’s most popular programming like The Waltons, Dallas, and Eight Is Enough, Lee Rich Deaddied on Thursday. He was 93, according to Warner Bros. (Even though the birthdate on his official biography would make him only 85). Recognized inside and outside the television industry for his extrardinarily successful career spanning six decades, he helped found and became chairman of Lorimar in its heyday (where he was nominated for 5 Emmys and won Best Drama Series for The Waltons) and later took over MGM-UA. His death comes just as Warner Bros Television next month unveils its next generation Dallasdrama series on TNT.

“Lee’s passion for television, his business acumen, and his love of the creative process made him an extraordinary mentor for all of us who had the good fortune to work for him,” said Bruce Rosenblum, President Warner Bros. Television Group and Chairman & CEO, Academy of Television Arts & Sciences.  “Lee was a creative force who established the gold standard for independent production companies, and the Lorimar/Warner Bros merger was transformational for Warner Bros. Television.” Said CBS Corp chief Les Moonves: “Lee Rich was a giant in the television industry who produced some of the most iconic series in the history of the medium and influenced audiences worldwide. He also served as an early mentor to me while I was at Lorimar, providing valuable guidance for which I will forever be appreciative.” TV icon Norman Lear called Rich “one of the greatest producers to ever come out of advertising and he knew talent better than anyone else.”

“Lee Rich was an indelible talent who helped to shape the television landscape,” said Gary Barber and Roger Birnbaum, Co-Chairmen and CEOs of MGM. “We are incredibly proud that MGM is a part of his legacy. Lee’s role as Chairman and CEO of MGM/UA and the prolific body of work he created throughout his career continue to inspire the work we do today.”

Rich started his media career at Benton & Bowles advertising agency where he packaged and sold such seminal sitcoms as The Dick Van Dyke Show for Procter & Gamble and The Danny Thomas Show and The Andy Griffith Show, both for General Foods. In those early days of television, admen like Rich enjoyed almost total control over programming, and Rich ultimately headed the television programming and media departments. He left the agency as SVP in 1965 to form his own production company, Mirisch-Rich Productions which produced Rat Patrol and one of the first Garry Marshall/Jerry Belson shows, Hey, Landlord. Rich returned to advertising to run the Leo Burnett Agency. But then he left again to form the indie Lorimar Productions (later known as Lorimar Television and Lorimar Distribution) with Irwin Molasky and Merv Adelson. Here is a wonderful 1999 interview done with Rich by the Academy Of Television Arts & Sciences (obit continues below):

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Hot Second TV Ad: ‘The Dark Knight Rises’

By NIKKI FINKE | Wednesday May 23, 2012 @ 10:08pm PDT

Hot First TV Spot: ‘The Dark Knight Rises’

Folks are telling me this is the second TV ad tonight for The Dark Knight Rises:

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British Stuntman Becomes First to Make Wing-Suit Landing Without Parachute

By NIKKI FINKE | Wednesday May 23, 2012 @ 8:50pm PDT

UPDATE: Video below. Gary Connery, a 42-year-old UK stunt diver, has a résumé including Harry Potter, Indiana Jones, Batman movies, and Downton Abbey. Today he’s the first man to jump out of a helicopter and plummet 2,400 feet to the ground without a … Read More »

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Hot First TV Spot: ‘The Dark Knight Rises’

By NIKKI FINKE | Wednesday May 23, 2012 @ 7:57pm PDT

Hot Second TV Ad: ‘The Dark Knight Rises’

This first TV spot for The Dark Knight Rises was shown during tonight’s American Idol finale. Christopher Nolan’s threequel hits theaters July 20:

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‘American Idol’ Churns Out Another Winner

By NIKKI FINKE | Wednesday May 23, 2012 @ 7:13pm PDT

I don’t give a shit who won this 11th season’s increasingly stale and ratings-challenged American Idol because they all sound like cats being strangled and few make any impact on the music industry. But if you care, then comment here. I can tell you that host Ryan Seacrest announced a record 132 million votes in the showdown between 21-year-old bluesy guitar guy Phillip Phillips and 16-year-old teenage songbird Jessica Sanchez during tonight’s finale. At least that’s how AP describes the warblers competing for a recording contract. Do not read more if you don’t want to know who won:
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Snow White Gets Cast All Summer: Spoof

By NIKKI FINKE | Wednesday May 23, 2012 @ 5:12pm PDT

A look at the industry ubiquitousness of Snow White featuring writer/lead actress Genevieve Farrell and a cameo from Deadline. Directed by Alberto Belli, it made me laugh twice. These days, that’s a lot:

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Seth MacFarlane’s ‘Ted’ Moving Into June 29th Slot Just Vacated By ‘G.I. Joe 2′

By NIKKI FINKE | Wednesday May 23, 2012 @ 3:14pm PDT

Ted Release DateEXCLUSIVE: The hugely buzzed-about ‘R’-rated comedy Ted was scheduled for release July 13th. But Universal execs moved quickly to grab this date now that Paramount’s G.I. Joe: Retaliation sequel moved off June 29th to add Read More »

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‘G.I. Joe: Retaliation’ Moving To March 2013 To Add 3D For Bigger Foreign Box Office

By NIKKI FINKE | Wednesday May 23, 2012 @ 1:25pm PDT

EXCLUSIVE: The sequel G.I. Joe: Retaliation was supposed to come out GI Joe Retaliation Release Datethis summer on June 29th. But I’ve learned that Paramount is moving the movie nine months to March 29, 2013, to add 3D. “We’re going to do … Read More »

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TOLDJA! ICM Management Buyout Complete

UPDATE: It’s been a long, winding, and troubled road which began more than a year ago, but ICM President Chris Silbermann now has completed his management buyout – thus putting an official end to what was a destabilizing period for … Read More »

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DESPERATE: HuffPo & Oprah Team Up Now

By NIKKI FINKE | Wednesday May 23, 2012 @ 7:34am PDT

Talk about a lose-lose situation… Recent reports say Arianna Huffington’s job duties over AOL have been greatly downsized, while Oprah Winfrey’s failing OWN remains on life support at Discovery after losing millions. So what do the two women do? Why … Read More »

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Cash Windfalls For WME Agents, Assistants

By NIKKI FINKE | Tuesday May 22, 2012 @ 11:59am PDT

EXCLUSIVE: A lot of WME staffers tomorrow get handed checks courtesy of that recent deal with strategic equity partner Silver Lake Partners. The agency won’t say who gets how much, but a source tells me, “There are some checks that … Read More »

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ICM Talent Agent Becoming Production SVP

By NIKKI FINKE | Monday May 21, 2012 @ 4:02pm PDT

ICM Brian BunninEXCLUSIVE: Yet another talent agent is departing the ICM hallways, but this time it’s amicable and he’s not going to a competitor. Veteran Brian Bunnin is joining Vincent Herbert’s Streamline Entertainment as SVP Production and Development. … Read More »

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Legendary’s Thomas Tull Among Just 3 Contenders Bidding For San Diego Padres

By NIKKI FINKE | Monday May 21, 2012 @ 3:09pm PDT

EXCLUSIVE: More rich Hollywood boys and their toys besides Jerry Bruckheimer and pro hockey, and Peter Guber and pro basketball, and others. … San Diego Padres Thomas TullNow the local San Diego media is reporting that Legendary Entertainment Chairman/CEO Thomas Tull is making a bid for the Padres baseball team. Today, San Diego Padres Hall of Fame outfielder and hometown hero Tony Gwynn — now head baseball coach at SDSU — publicly endorsed Tull to the local media. [UPDATE: Hall Of Famer Tony Gwynn is joining Tull's group in the bidding, according to Gwynn's agent John Boggs. Gwynn played for the Padres his entire 20-season big league career and is currently a baseball coach at his alma mater, San Diego State. The AP says that Gwynn met with Tull last week, according to Boggs.] Tull is one of 5 potential bidders for the team, but my sources say the vetting has narrowed to just 3 contenders — and Tull is among that select group. They want to buy the 51% share of the baseball team which current Padres Chairman John Moores is selling as the result of a divorce. Read More »

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BOMBS AWAY! ‘Battleship’ Sinks To $25.3M Torpedoed By Still Strong ‘Avengers’; Lame ‘What To Expect’ Behind Limp ‘The Dictator’

By NIKKI FINKE | Saturday May 19, 2012 @ 9:31pm PDT

SUNDAY AM, 7TH UPDATE: These official Friday, Saturday, and weekend numbers for North America are way worse than … Read More »

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‘Avengers’: $400M In 14 Days Sets New Domestic Speed Record; #6 All Time Highest Grossing Film

By NIKKI FINKE | Friday May 18, 2012 @ 8:22am PDT

Marvel’s The Avengers on Thursday set a new domestic speed record, reaching the $400M box office threshold in 14 days. Worldwide, it has passed Toy Story 3 and Pirates Of The Caribbean: Dead Man’s Chest to become … Read More »

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‘Marvel’s The Avengers’ #9 All-Time Biggest

By NIKKI FINKE | Thursday May 17, 2012 @ 12:35am PDT

It’s still expected to be the #1 North American film for the third straight week. And now Marvel’s The Avengers currently stands as the #9 film of all time globally, passing Disney’s Alice In Wonderland and LucasFilm’s Star Wars Read More »

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Fox Unveils Noomi Rapace For ‘Prometheus’

By NIKKI FINKE | Wednesday May 16, 2012 @ 7:49pm PDT

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SAG-AFTRA Anti-Merger Lawsuit Dropped

By NIKKI FINKE | Wednesday May 16, 2012 @ 6:27pm PDT

SAG-AFTRA MergerSAG-AFTRA merger opponents who lost their attempt to enjoin the two unions combining but continued with their lawsuit are dropping it. Below is the letter they wrote to SAG counsel explaining why they’ve agreed to dismiss … Read More »

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