Category Archives: Business

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Old and Snake Eyes Take the Top Two Spots as Space Jam Plummets

Old

It was two new films at the top of the box office for the weekend. Old took the top spot earning an estimated $16.5 million. The film also grossed $6.5 million internationally for a worldwide opening of a little over $23 million.

In second place was Snake Eyes: G.I. Joe Origins. The film opened with $13.4 million domestically and internationally it grossed $4 million. That puts the film at $17.4 million after its first weekend.

Black Widow slipped one spot earning an estimated $11.6 million. That brings its domestic total to $154.8 million. Over the week, the film added $59.4 million internationally to bring that total to $160.1 million. Worldwide, the film has grossed $314.9 million.

In fourth place was the last weekend’s champ, Space Jam: A New Legacy. The film dropped 69.2% to bring in an estimated $9.6 million. Domestically, the film has earned $51.4 million. Internationally, the film grossed about $19.6 million to bring that total to $42.6 million. Worldwide, the film has grossed just under $94 million.

Rounding out the top five was F9: The Fast Saga. The film grossed an estimated $4.7 million to bring its domestic total to $163.4 million. Internationally, the film added about $400,000 to its total to bring that to $436.8 million. Worldwide, the film has grossed $600.2 million.

Initial numbers have 24 films earning $68,861,192 from 33,064 theaters. That’s another solid dip from last weekend’s 40 films which earned $91,530,003 from 30,712 theaters. The average earning was $2,082.66 this past weekend, a drop from the previous weekend’s $2,980.27.

BHP Comics Comes to GlobalComix

GlobalComix has announced that Scotland-based BHP Comics has joined the GlobalComix platform. A collection of their stories are now available to readers, including the acclaimed Killtopia, as well as other favorites like Plagued: The Miranda Chronicles and Maximum Alan. In total, BHP Comics has published 8 series and 12 total releases on GlobalComix.

BHP is an independent publishing house based in Glasgow, Scotland. They publish graphic novels and art books from established creators like Frank Qyietly’s Drawings+Sketches, alongside cutting edge new talents, like Dave Cook and Craig Pton’s Killtopia and Gary Chudleigh and Tanya Robert’s award-winning Plagued: The Miranda Chronicles.

Head to GlobalComix and explore what BHP Comics has to offer.

BHP Comics

A New Era of Valiant Begins with New Hires and Event

Rob Levin

 Big changes are happening at Valiant Entertainment.

The future of the award-winning publisher’s slate of comics will fully embrace the potential that its shared universe of compelling characters has to offer, and Rob Levin has joined the team as Executive Editor to help move this vision forward.

While 2021’s titles ShadowmanNinjak, and the upcoming series The Harbinger (on sale 10/27) will publish new arcs in 2022, the upcoming year will also see a concentrated focus on reminding comic fans about what sets the Valiant Universe apart from other shared universes. The direction will see Valiant double down what has worked best for the company, individual series that can be enjoyed on their own and play a part in the larger tapestry that is the Valiant Universe.

Valiant’s comics in 2022 will see epic new stories from fan-favorite and critically-acclaimed creators, all working together to move the universe forward with stories that make an impact and have lasting repercussions. Next year will see the release of a thrilling event that brings Valiant’s iconic characters together and will pave the way for new launches and the creation of a whole new team. That includes the return of many beloved and missed faces.

The release promises that “2022 is the year that Valiant will be forever changed”.

Theatres Blast Disney’s Dual Release for Black Widow’s Second Week Drop

Black Widow

The National Association of Theatre Owners isn’t happy about Black Widow‘s release in movie theaters and on Disney+. The organization released a press statement on Sunday concerning the 67% drop in the second week of the film. The organization blamed piracy and Disney+ for the results.

The organization charged that the Premiere Access availability of the film would have gone to traditional theaters if it did not exist.

NATO stated:

Despite assertions that this pandemic-era improvised release strategy was a success for Disney and the simultaneous release model, it demonstrates that an exclusive theatrical release means more revenue for all stakeholders in every cycle of the movie’s life.

The organization went on to state the film “should have” opened between $92 to $100 million and based on preview revenue the film should have been between $97 million and $130 million.

They go on to argue that the simultaneous release costs Disney money due to multiple individuals in a household.

Black Widow was the most pirated film for the week according to Torrent Freak. But, the major releases are usually the top pirated film when they’re released.

NATO further stated that:

This was also the case for all simultaneous releases (Wonder Woman 1984, Godzilla vs Kong, Cruella, Mortal Kombat). This did not happen for F9 or A Quiet Place Part II. How much money did everyone lose to simultaneous release piracy? The many questions raised by Disney’s limited release of streaming data opening weekend are being rapidly answered by Black Widow’s disappointing and anomalous performance. The most important answer is that simultaneous release is a pandemic-era artifact that should be left to history with the pandemic itself.

NATO of course is making numerous leaps in its assumptions and claims. It assumes those consuming in Disney+ would go into theaters. It also ignores that Disney+ subscriptions are required to view the film generating long-term ongoing revenue on top of Premiere Access dollars. It also ignores the stats. People went into theaters for numerous series that saw the dual releases on multiple platforms. A Quiet Place II premiered on Paramount Plus this past week and saw only a 27% dip.

Black Widow‘s reviews have been good but not stellar. While it has a 92% audience score on Rottentomatoes, the Tomatometer is 81%. The general consensus has been while the film is entertaining, it’s not one you need to rush out to see.

The fact is, the landscape has changed in the short and long term and instead of figuring out how to adapt, NATO is likely doing a disservice to its members with these sorts of baseless statements. At this point, theaters need Disney, Paramount, and Universal more than the studios need theaters.

(via Deadline)

Black Widow Plummets While Space Jam: A New Legacy Dunks to Take First

Space Jam: A New Legacy

There’s a new weekend box office champ as Space Jam: A New Legacy took first place. The film, which also debuted on HBO Max, earned an estimated $31.7 million domestically. Internationally, the film earned a little over $23 million. Worldwide, the film opened with $54.7 million.

Black Widow tumbled from first place losing 67.3% from the previous weekend. The film brought in an estimated $26.3 million to bring its domestic total to a little over $132 million. Internationally, the film added about $22.7 million over the week to bring that total to $100.7 million. Worldwide, the film has earned $232.7 million. The film has also earned over $60 million from Disney+ early access putting its actual gross around $300 million so far.

Escape Room: Tournament of Champions debuted in third place. The film earned $8.8 million domestically and $4.5 million internationally. Worldwide, the film has grossed $13.3 million.

F9: The Fast Saga is slowing down and came in fourth place over the weekend. It grossed an estimated $7.6 million domestically to bring that total to $154.8 million. Internationally, the film added about $35.9 million over the week to bring that to $436.4 million. Worldwide, the film has grossed $591.3 million.

The Boss Baby: Family Business rounded out the top five. The film added $4.7 million to its domestic total to bring that to $44.6 million. Internationally, the film added about $2 million to its total over the week to bring that to $3.7 million. Worldwide, the film has grossed $48.3 million.

Initial numbers have 40 films earning $91,530,003 from 30,712 theaters. That’s solid but a dip from last weekend’s 39 films which earned $119,147,708 from 28,025 theaters. It’s still one of the best weekends of the year so far. The average earning was $2980.27 this past weekend, a drop from the previous weekend’s $4,251.48.

Aftershock Media’s Rive Gauche Adds Two to the Team

AfterShock Media’s Rive Gauche has tapped David Siguarani as EVP of film and tv. David’s current tv credits as EP include Netflix’s “BONDING,” AMC Network’s “THE BOULET BROTHERS’ DRAGULA, and Channel 4’s “DON’T HUG ME I’M SCARED.” Previously David was SVP at Blackpills out of Europe, and VP of Development overseeing Turner’s Deluxe Studio.

The company has also added Max Zupanovic as Director of Development for domestic film and tv. Max has previously held various development roles at ICM Partners, Paramount Pictures, and EOne working on such IP’s as “SNAKE EYES: G.I. JOE ORIGINS,” “TRANSFORMERS (REBOOT),” “DUNGEONS & DRAGONS,” “POWER RANGERS (REBOOT),” “CLUE (REMAKE),” “MICRONAUTS,” and “OUIJA (REBOOT)”

CGC Promotes Matt Nelson to President

CGC, a division of the CCG, is pleased to announce that Matt Nelson, one of the most renowned comic book experts in the industry, has been promoted to President. CGC is the world’s leading third-party grading service for comic books, trading cards, magazines and other pop culture-related collectibles.

Nelson joined CGC in 2013 when it purchased Nelson’s company, Classics Incorporated, and reorganized it as CCS. Nelson became President of CCS, which provides industry-leading comic book pressing, restoration, and restoration removal services. Indeed, he is a comic book restoration innovator and authority, having introduced the revolutionary process of leaf casting to comic book restoration, and legitimizing and evolving comic book pressing throughout the early 2000s.

In 2016, Nelson transitioned from CCS President to CGC Primary Grader. In this role, he has handled hundreds of thousands of comics, including the most valuable comics ever sold, such as the Action Comics #1 that sold for $3.25 million and the Batman #1 that realized $2.22 million. Nelson also has an encyclopedic knowledge of comic book history and pedigrees.

Now as President of CGC, Nelson will lead the CGC team as it continues to grow in numbers and services. The expansion of CGC has been extraordinary since the company was founded in 2000. With Nelson at the helm, CGC will introduce even more exciting initiatives, while always adhering to the founding principles of accuracy, consistency and integrity.

Matt Nelson

Black Widow Delivers Over $218 Million in its Debut

Marvel Studio's Black Widow

It looks like Disney‘s plan to split openings between theaters and a “premier” offering on Disney+ has paid off for Marvel StudiosBlack Widow. The film opened with $80 million in domestic theaters, the best debut of a film since the pandemic caused utter chaos.

Subscribers to Disney+ are able to rent the film for an extra $30 (plus they need a regular subscription) and Disney reported that generated more than $60 million. The studio has been tight-lipped as to how films have done so to release this one is interesting and raises more questions about what hasn’t been released.

The film also earned $78 million from 46 international territories to ring its box office haul worldwide to $158 million but with its digital numbers, it’s over $218 million.

F9: The Fast Saga was knocked out of first place earning an estimated $10.9 million. Domestically, the film has brought in $141.3 million, one of the better numbers for films since the pandemic. The film also earned about $30 million over the week at the international box office to bring that total to $400.5 million. Worldwide, the film has earned an impressive $541.8 million.

The Boss Baby: Family Business dropped one spot to third. It earned an estimated $8.7 million to bring its domestic total to $34.7 million. Internationally, the film earned just shy of $250,000 over the week to bring that number to $1.7 million and $36.5 million worldwide.

The Forever Purge came in fourth place adding an estimated $6.7 million to its domestic total. That now stands at $27.4 million. Internationally, the film added about $3.8 million to its total over the week to lift that to $7.4 million. Worldwide, the film has brought in $34.8 million.

Rounding out the top five was A Quiet Place Part II which added a little over $3 million to its total. The film has earned $150.7 million domestically. Internationally, the film added about $16.2 million over the week to bring that total to $128.3 million. Worldwide, the film has grossed $279 million.

Initial numbers have 39 films earning $119,147,708 from 28,025 theaters. That’s shy of just double the previous weekend’s 44 films which earned $68,949,541 from 30,906 theaters. It’s one of the best weekends of the year so far. The average earning was $4,251.48 this past weekend, over double the previous weekend’s $2,230.94.

AHOY Comics Announces Lunar as a Direct Market Distributor

AHOY Comics

AHOY Comics announced that Lunar is now an option for distribution in the direct market for comics. The move impacts single issues only and Lunar will not be distributing AHOY’s trade paperbacks.

The first comic that’ll be distributed through Lunar is SNELSON #1 which has a final order cut-off of July 11 and a release date of August 4.

AHOY is the latest publisher expanding the options for stores through whom they want to order. It’s another blow to Diamond whose near monopoly for distribution has been slipping in recent years.

While options are good, we’ll see if such options will actually improve distribution and lead to the arms race of innovation the industry needs.

F9 Takes the Box Office Again With The Boss Baby: Family Business Delivering a Strong Showing

F9: The Fast Saga

It’s a long holiday weekend so numbers for Monday should be still incoming but F9: The Fast Saga again won the weekend box office with an estimated $24 million. That brings its domestic total to $125.9 million after two weeks. Internationally, the film added about $39.5 million over the week to bring that total to $374.4 million. Worldwide, the film has grossed $500.3 million.

The Boss Baby: Family Business took second place with an estimated $17.3 million. Domestically, the film has earned $23 million. Internationally, the film earned a little over $1.5 million to bring its worldwide total to $24.5 million after its first weekend.

In third place was The Forever Purge which earned an estimated $12.8 million. Domestically, the film has grossed $15.9 million. Internationally, the film earned $3.6 million to bring its worldwide total to $19.4 million.

A Quiet Place Part II dropped from second place to fourth and added $4.2 million to its domestic total. It has now earned $145.8 million. Internationally, the film’s gross stands at $112.1 million. Worldwide, the film has grossed $257.9 million.

Rounding out the top five was The Hitman’s Wife’s Bodyguard which added $3 million to its domestic gross bringing that to $31.4 million. Internationally, the film has earned $15.6 million to bring its worldwide total to $47.9 million worldwide.

Initial numbers have 44 films earned $68,949,541 from 30,906 theaters. That’s a bit of a dip from last weekend’s 44 films which earned $98,657,861 from 28,013 theaters. But, it’s still one of the better weekends of the year so far. The average earning was $2,230.94 this past weekend, almost double the previous weekend’s $3,521.86.

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