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After a sizable 58% box office slip this weekend,
it appears even a boy wizard has his limitations. The bigger question
remains: How high can "Harry" fly?
Domestically, "Harry Potter and the Sorcerer's
Stone" has $220.1 million in the till already. It appears on track
to approach $400 million by the end of its run. Such a performance would
rank it far below 1997 record-holder Titanic ($600.8 million), as well
as 1977's "Star Wars" ($461 million) and its 1999 prequel "Star
Wars: Episode I -- The Phantom Menace" ($431.1 million).
Warner Bros. and others sources believe there's
a substantial chance "Harry" will outdistance the No. 4 all-time
grosser, "E.T., the Extra-Terrestrial" ($399.8 million). And
a good second wind through the holiday season could see "Harry"
soar past all but "Titanic."
Several holiday openers that could nip at
potential "Harry" audiences have yet to bow, with "Lord
of the Rings: Fellowship of the Ring" from Warners' corporate kin
New Line chief among them. On the other hand, it's considered a plus that
Christmas and New Year's fall on Tuesdays this season, stretching preceding
weekends into effective five-day sessions that encourage more moviegoing.
"It's always like striking pay dirt when
Christmas falls on a Tuesday," said Jeff Goldstein, executive VP
of distribution at Warner Bros.
Internationally, "Harry" is an early
high flyer. But the picture still hasn't bowed in several notable territories,
so the ultimate foreign total for the family fantasy remains tougher to
predict.
Executives say only that they are confident
"Harry" at least will match its domestic box office in foreign
grosses, but outside sources say that estimate is far too conservative.
It's considered a lock the picture will see far more foreign box office
than even its boffo domestic totals.
"Titanic" is also the reining champ
in worldwide box office, after amassing a mind-bending $1.8 billion thanks
to foreign grosses outpacing domestic two-to-one. "Phantom Menace"
turned in the second-biggest worldwide performance at $925.6 million,
a number "Harry" could match if it reaches the upper end of
domestic and foreign forecasts.
"I think it's conceivable 'Harry Potter'
could do $1 billion worldwide with a real marketing push," said David
Davis, senior VP and box office analyst for investment firm Houlihan,
Lokey, Howard & Zukin in Los Angeles. But Davis added it's unlikely
Warner Bros. will flog "Harry" much into 2002 theatrically.
Consider that "Titanic" was helped
by a lot of marketing related to its successful Oscar campaign, whereas
"Harry" isn't the kind of picture that grabs lots of statuettes.
Also, Warner Bros. won't want to stretch the picture's theatrical run
so far as to jeopardize its important home video bow in the summer.
- "Harry Potter and the Sorcerer's Stone," $24.1 million.
- "Behind Enemy Lines," $19.2 million.
- "Spy Game," $11.2 million.
- "Monsters, Inc.", $9.4 million.
- "Black Knight," $5.7 million.
- "Shallow Hal," $4.7 million.
- "Out Cold," $2.9 million.
- "Domestic Disturbance," $1.9 million.
- "Amelie," $1.4 million.
- "Heist," $1.2 million.
Castle Rock has purchased the psychological
thriller pitch "Untraceable" as a starring vehicle for
Ashley Judd.
Adam Gibgot is writing the script and
Richard Zanuck will produce with sons Harrison and Dean through
the Zanuck Co. Castle Rock bested several other bids to win the property
in an auction brokered by the William Morris Agency, which represents
the actress and the writer.
Judd has never before attached herself to
a pitch deal, but the "Double Jeopardy" star sparked to the
chance to play a woman whose identity is not at all what it seems to be.
She is next expected to star in the title role of the Warner Bros. film
"Catwoman," with will soon go out to directors. The hope is
that she would follow that with "Untraceable."
"She's a woman with an identity disorder
who discovers she's not the person she thought she was for the past eight
years, when she is reintroduced to the life she repressed," said
Gibgot, who will exec produce. "It's her journey as she uncovers
and confronts the devastating memory which caused her to take on the other
identity. I created it for (Judd), and she connected to the character
and has contributed a lot of ideas." Gibgot most recently sold the
script "Price" to producer Mark Canton.
Judd will next be seen reteaming with "Kiss
the Girls" co-star Morgan Freeman in the Carl Franklin-directed "High
Crimes" and starring with Sandra Bullock and Ellen Burstyn in the
Callie Khouri-directed adaptation of "Divine Secrets of the Ya-Ya
Sisterhood." She also appears in "Frida," the Julie Taymor-directed
biopic of Frida Kahlo that stars Salma Hayek.
Warner Bros. Pictures-based Bel-Air Entertainment
has seized Brian Koppelman and David Levien's spec script
"First Family" in deal potentially worth high seven figures.
"First Family" centers on
a young Brooklyn mobster who discovers that he was adopted on the eve
of becoming "made." He now needs to prove that he's 100% Sicilian,
but instead learns that his real father is the president of the United
States.
Koppelman and Levien are currently rewriting
"Heart of a Soldier," a Paul Walker vehicle set up at Universal.
The duo just completed rewrite work on the adaptation of John Grisham's
"The Runaway Jury" for New Regency. That pic will likely star
Will Smith for director Mike Newell.
Koppelman and Levien directed, wrote and produced
"Knockaround Guys," which New Line Cinema will release next
year.
Disney's Touchstone Pictures has paid a seven-figure
sum to acquire the pitch "Sister's Keeper," from scribe
Todd Graff.
Jersey Films will produce the noirish
thriller, which may have one major actress starring as twin sisters, one
aggressive, the other timid and reclusive. In the tale, one of the twins
dies and the other becomes the prime suspect in the murder hunt.
Graff recently polished "Coyote Ugly"
for Bruckheimer Films and Disney, and he also teamed with Bruckheimer
on an uncredited rewrite on "Dangerous Minds." His other credits
include "The Vanishing" and "Used
People."
Graff also penned the New Regency project
"The Crowded Room," based on the real-life story of William
Milligan, who developed multiple personalities after being abused as a
child.
His
book, "The
Minds of Billy Milligan," co-written with Daniel Keyes, has
been considered a hot project since 1988, when James Cameron was developing
it to direct. Since then Brad Pitt and "Seven" director David
Fincher have been linked to it; as have Leonardo DiCaprio and helmer Danny
DeVito.
Veteran British actress Claire Bloom
has been tapped to star in "Book
of Eve," a drama based on the 1973 novel by Montreal author
Constance Beresford Howe. Filming began last week in Montreal.
Bloom plays a wealthy Montreal woman Eve who
had a comfortable life in the well-to-do English neighborhood in Montreal,
as a wife, and a mother of one grown son. On the day she received her
first pension check, she walked out of that life to take up with a fortysomething
Romanian immigrant, played by Canadian singer Daniel Lavoie to
start a journey of personal growth and exploration. She made discoveries
about herself, her husband, and her son along the way that shocked her,
but she became self-sufficient and a stronger person.
Susannah York and Julian Glover
co-star. Quebec filmmaker Claude Fournier ("The Tin Flute")
is directing the Anglo-Canadian production. Lions Gate has world
rights.
Liam Neeson has taken on a new role
as a businessman who kills another man while drunk. Liam who is now 49
is being lined up to play Jimmy A Learner in a gritty new movie
called Prison Fish.
The story is based on a flashy phone executive
called Learner who ended up in a tough Nevada jail after killing a man
while on a boozy bender in Las Vegas. He was sentenced to 12 years for
manslaughter in 1997.
The film is based on the man's life inside
the tough prison where Learner puts his corporate skills to fit in with
prison culture. Renee Russo is the favorite to play Neeson's wife
while Mary McCormack will play his mistress.
Meanwhile Oscar winner Kate Blanchett has
denied reports that the upcoming birth of her first child will stop her
playing the role of the murdered journalist Veronica Guerin after Christmas.
Filming of Chasing the Dragon, The Veronica
Guerin story, is starting after Christmas with the well-known director
Joel Schumacher.
Blanchett is however due at Christmas but
has said this will in no way stop filming. "It's just a sexist notion
that a women's' career ends once her body changes and she gives birth
to a child. Andrew and I have to bring a child into this world, which
is pretty major but I am not about to abandon my career. "
However, being pregnant is making the star
do you weird things. "I've already been waking up a 2am and cleaning
the kitchen" she admits.
"Life is about to change with bringing
a baby into the world. Having a child is the most unpredictable thing
you can do apart from getting married. But, I look at getting pregnant
as the ultimate expression of hope in this troubled world. Ours is a Christmas
baby and we are both looking forward to it very much."
Nearly all of the majors are scrambling for
U.S. distribution and video rights to "Terminator 3," which
is expected to start shooting in April. Final contract details for Arnold
Schwarzenegger to star and Jonathan Mostow to direct were being hammered
out over the weekend.
Since the first two "Terminator"
pictures had a combined worldwide gross surpassing $560 million, there's
understandably avid studio interest.
But industry sources maintain "Terminator
3" will have a production budget well above $170 million, making
it easily the most expensive movie ever greenlit. (The record is held
by this year's "Pearl Harbor," which reportedly was greenlit
with a $140 budget.)
Some familiar with the talks say obtaining
the lucrative home video rights to the original "Terminator"
and its sequel, "T2," will almost certainly be part of any negotiations
for "T3," as a boxed set of the trio surely would fly off retailer
shelves and help defray costs.
Anglo-American producer Intermedia Films is
handling overseas distribution of the giant picture, which will be made
in concert with its original producers, Andy Vajna and Mario Kassar of
C-2 Pictures.
All this courting has been conducted in secret:
No copies of the "T3" script, by John Brancato and Michael Ferris,
were circulated. Studio execs wanting a read had to do so by visiting
Intermedia's own suites, or by perusing it in their own offices with someone
from Intermedia loitering outside.
Hundreds of Web sites have carried crumbs
of "T3's" supposed plot -- some even allege to have excerpts
from the script -- so producers' hypersensitivity about security is understandable.
ContentFilm, the
New York independent recently formed by Edward R Pressman and John Schmidt,
has acquired worldwide rights to Wendigo, a supernatural thriller starring
Patricia Clarkson, and has enlisted Eamonn Bowles' brand new distribution
outfit Magnolia Pictures to distribute it in the US.
Written, directed
and edited by Larry Fessenden, a film-maker as well as an actor with credits
such as Session 9, Bringing Out The Dead and Animal Factory, Wendigo is
about a family (Clarkson, Jake Weber and Eric Per Sullivan) who accidentally
trigger the spirit of a Native American myth which manifests itself in
the imagination of the family's young son.
It is the first
release for Magnolia which plans to open it in Feb 2002 in New York and
Los Angeles before widening to other cities. Bowles most recently ran
the distribution arm of defunct independent The Shooting Gallery, handling
the successful release of Croupier as part of the ground-breaking film
series.
ContentFilm acquired
Wendigo from production company Antidote Films which was founded by Jeffrey
Levy-Hinte last year and is currently in production on Lisa Cholodenko's
new film Laurel Canyon starring Frances McDormand, Kate Beckinsale and
Christian Bale. Fessenden's Glass Eye Pix was co-producer.
John Schmidt and
head of business affairs Michael Roban negotiated on behalf of ContentFilm
with Mary Jane Skalski of Antidote Films and Emerson Bruns of Rudoplph
& Beer.
Academy Award
winner Benicio Del Toro will receive the Piper-Heidsieck Tribute to Independent
Vision at next year's Sundance Film Festival. The tribute, which will
be presented to Del Toro on Jan 13, 2002, during the festival, was created
to honour a film artist "who has made a significant and unique contribution
to independent film."
Del Toro won the
Oscar last year for Best Supporting Actor in Steven Soderbergh's Traffic.
His other film credits include Christopher McQuarrie's Way Of The Gun,
Sean Penn's Indian Runner and The Pledge, Julian Schnabel's Basquiat,
Abel Ferrara's The Funeral, Guy Ritchie's Snatch and Terry Gilliam's Fear
And Loathing In Las Vegas.
The ten previous
recipients of the tribute are Julianne Moore (2001), Kevin Spacey (2000),
Laura Dern (1999), Frances MacDormand (1998), Tim Robbins (1997), Dianne
Wiest (1996), Nicolas Cage (1995), Gena Rowlands (1994), Denzel Washington
(1993), and John Turturro (1992).
Following its
radical programme of restructuring under the new CEO Werner Klatten, EM.TV
& Merchandising is now planning to re-enter the arena of production
in the field childrens and family programming.
In future, the
Munich-based company intends to be involved annually in up to six animated
or live-action series geared to teenagers as well as younger children.
At present, EM.TV is serving as a co-production partner on the animated
series Old Tom, Tabaluga III, The World Of Tosh and Fairy Tale Police
Department (F.T.P.D.) and on the live-action series The Zack Files.
EM.TVs revived
commitment to production has been accompanied by the appointment of Anke
Steinbacher as the new head of creative affairs.
This latest development
comes as EM.TV reported that its sales in the third quarter were "substantially
better" than the previous two quarters, largely due to licensing
agreements for animated characters as well as the marketing of Formula
One events.
EM.TV posted a
nine-month result before interest and tax (EBIT) of DM 104m and a financial
result of minus DM 218m which was significantly affected by interest charges
from Formula One, meaning that the profit on ordinary activities (EBT)
was minus DM 115m.
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