Tag Archives: movies

What Economic Recovery? Holiday season Movie revenues lowest in three years. Past two weekends took in less money than the weekends after September 11, 2001

‘Hollywood’ isn’t merry this holiday season. That’s ’cause the past two weekends have seen the least amount of revenues since the two weekends after September 11, 2001.

Also, this past weekend (December 10-11) was the lowest money making weekend since Labor Day in 2008.

The past two weekends combined saw only 19.8 million customers! To put it in perspective; the past two weekends saw the same amount of movie goers for all the movies that were playing, as that 19+ million people who saw Harry Potter and the Deathly Hallows: Part 2 on it’s opening weekend!

Happy Holidays, Hollywood!

No Economic Recovery for the U.S.: Paramount & Warner Bros make big bucks, overseas

Paramount and Warner Brother’s have both made U.S.$2 billion in profits so far this year, but not here in the U.S.

The two movie studios made those profits overseas.  They’re the first U.S. movie companies to hit such a high overseas profit.

If anyone has been paying attention to where U.S. movies are first released, they’d notice that U.S. movie premiers have been taking place overseas first, before being released in the United States.