Category Archives: Business

Black Panther Delivers $192 million over 3 days, over $218 for 4 days, over $361 million Worldwide

As shouldn’t be a surprise Black Panther dominated the box office shattering expectations for a record setting weekend. The film has earned an estimated $192 million for the three-day weekend (beating our prediction of $175 million). That’s the fight largest three-day domestic opening in history. The film will earn around $218 million over the four-day holiday weekend.

That’s the largest February opening of all-time, the largest President’s Day weekend opening of all-time, and the second largest opening for the Marvel Cinematic Universe behind The Avengers‘ $207.4 million.

Internationally, the film earned an estimated $169 million from 48 markets for a three day debut of $361 million, the fifteenth largest global opening of all-time. It doesn’t debut in China until March 9, Japan on March 1, and Russia, Vietnam, Trinidad, Peru, and Venezuela next weekend.

The film received an “A+” CinemaScore and played to a 55% male audience and 61% over the age of 25. Expect the film to have impressive legs and dominate the next month.

In second place was Peter Rabbit which earned an estimated $17.25 million for the three-day and is estimated to earn $22+ million after four days. The domestic total is $48 million after ten days.

In third place was Fifty Shades Freed, last weekend’s winner. The film earned an estimated $16.9 million for three days and around $19 million for four. The film also added $47.7 million internationally for a worldwide total of $268.9 million.

Jumanji: Welcome to the Jungle added $7.9 million for the three days and an estimated $10 million for the four days. The film has earned $904 million worldwide and still has yet to open in Japan which happens on April 6.

Rounding off the top five was The 15:17 to Paris which brought in $7.7 million over the three days and an estimated $9 million for the four.

When it comes to other comic adaptations….

Thor: Ragnarok was in #29 earning an estimated $191,000 to bring its domestic total to $314.6 million worldwide.

We’ll be back in an hour for a further dive into 2017’s comic adaptation’s numbers and kick off 2018’s.

Hasbro Powers Up with Saban’s Power Rangers

Hasbro and Saban Brands at Toy Fair announced that Hasbro has been named the global master licensee for Saban’s Power Rangers. Under the terms of the agreement and in collaboration with Saban Brands, Hasbro will design, produce and bring to market a wide variety of toys, games and role play items inspired by the franchise and its entertainment properties. Hasbro will hold the worldwide rights, excluding Japan and certain other Asian markets, effective as of April 1, 2019.

Created by Haim Saban and launched in 1993, Mighty Morphin Power Rangers quickly became a pop culture phenomenon. Today, Power Rangers is one of the longest running kids’ live-action series in television history with nearly 900 episodes produced to date. The TV series, currently in its 25th season with Power Rangers Super Ninja Steel, and feature films, including 2017’s movie with Lionsgate, follows the adventures of a group of ordinary teens who morph into superheroes and save the world from evil. Saban’s Power Rangers currently airs in 150 markets around the world and is translated into numerous languages.

The first set of products from Hasbro will be available in spring 2019.

iVerse Founder Michael Murphey Joins Space Goat Productions to Oversee Their Board Game Division

Space Goat Productions has announced that Michael Murphey, CEO and founder of PlayGrim Games and iVerse Media, has joined the company as Lead Game Designer and Production Manager. Murphey is a well-respected industry veteran and entrepreneur in both the digital comic book and board game markets.

Murphey will oversee the final production stages of both the Evil Dead 2 and The Terminator board games. Additionally, Murphey will be instrumental in future Space Goat Productions game launches, including The Howling, and other licensed and original properties.

The chance to work on these properties brought Murphey to the company and he’ll continue his CEO duties at iVerse Media and PlayGrim.

Space Goat has Kickstarted The Terminator and Evil Dead 2 board games. The Terminator: The Official Board Game raised $220,456 from 2,126 backers. Evil Dead 2: The Official Board Game raised $722,622 from 6,143 backs. You can pre-order both now.

iVerse Media, LLC is a digital content distributor for mobile platforms. Established in 2008 the company specializes in digital comic books. PlayGrim Games is a casual tabletop game comapy. Established in 2015, the company has released Grim a “roll for your life” dice game.

(via our sister site Board Game Today)

NECA Acquires Chia Pet and Clapper Companies

National Entertainment Collectibles Association (NECA), Joseph Enterprises, Inc. (JEI) and Joseph Pedott Advertising and Marketing, Inc. (JPAM) have announced the closing of an agreement under which NECA has acquired both companies. The globally recognized powerhouses behind the creation and success of iconic creations Chia Pet and The Clapper join the growing NECA family of specialty entertainment companies, which are poised for cross-company collaboration.

JEI and JPAM will proceed as NECA subsidiaries under the auspices of current vice presidents Michael Hirsch and Al Lam, and will continue as normal. JPAM has deep expertise producing and broadcasting television commercials throughout the USA and Canada over its 55 years of existence and will continue to purchase TV time on behalf of its clients and JEI. The companies will remain headquartered in San Francisco, and gain the support of NECA’s vast network of suppliers, creatives and internal team members.

Joseph Pedott, founder of both companies and the man responsible for the decades-long success of Chia Pet (which debuted in 1982) and The Clapper (first sold in 1985), will remain involved for the transition to help oversee the businesses as they are integrated into the NECA family.

NECA is a producer of collectibles of action figures as well as the owner of WizKids, a company focused on the publishing of board games.

Publisher Eric Stephenson added to Image Comics Board of Directors

Image Comics Publisher Eric Stephenson—credited by many for ushering in the Image Comics Renaissance—is joining Robert Kirkman, Erik Larsen, Todd McFarlane, Marc Silvestri, and Jim Valentino as a member of the company’s Board of Directors.

During the 10 years since Stephenson was named Publisher, Image Comics has risen from fifth to third-ranked publisher in the industry—maintaining that rank for seven years running. Over that period, Image has received Diamond’s Gem Award for Best Publisher three years in a row from 2014 to 2016. Stephenson individually has been honored with ComicsPRO’s Industry Appreciation Award and was named The Beat’s Industry Person of the Year in 2014, as well as being ranked in the Top 10 on Bleeding Cool’s Power List every year since its inception in 2012. Under Stephenson’s watch, Image has onboarded an unprecedented number of game-changing new series, with Image titles winning nearly three dozen Eisner Awards, across a variety of categories, as well as dominating bestseller lists.

Lion Forge’s Christina “Steenz” Stewart Moves from Social Media & Community Manager to Associate Editor

Lion Forge has announced a transition with valued staffer, Christina “Steenz” Stewart moving from Social Media & Community Manager to Associate Editor.

Steenz had been an admin of the Valkyries and its sister organization Valkyries Valhalla, an elite group of women in comic shops, bookstores, and libraries around the world. Upon joining the St. Louis-based publisher in late 2016, she further established the voice and following of the company, making Lion Forge one of the most vocal and active comic book publishers across social media platforms.

Christina ‘Steenz’ Stewart is also a St. Louis based cartoonist. She has illustrated Archival Quality from Oni Press among other short stories in anthologies such as Elements: Fire and Mine!. Steenz has a history of creating and running comics related programming from her time as a comic shop manager at an Eisner-winning retailer and a comics-focused librarian. She runs Comics University and represents the Volunteer Lawyers and Accountants for the Arts at local colleges.

Congratulations to Christina “Steenz” Stewart in her newly appointed position at Lion Forge Comics, and the next step in her career in publishing.

Devil’s Due Entertainment Becomes Devil’s Due Comics, Launching Two New Titles and Focusing on Creator-Owned

This Summer Devil’s Due Entertainment’s titles will be getting a facelift as the brand changes its name to Devil’s Due Comics. A shift happening to reflect its new Publishing Platform for creator-owned titles.

The first two titles to be released under Devil’s Due Comics are horror title Little Girl (a 4-issue miniseries debuting in July) by writer Pat Shand and artist Olivia Pelaez, and video game homage Final Street (special launch issue dropping in June) by writer Scott Schmidt and artist Brian Atkins.

While most of the changes will remain invisible to the general public, other than a new logo, the company is focusing on alternative deal structures that appeal to what it sees as a growing culture of self-sufficient creators controlling their own properties through social media engagement and comicon weekend “road warrior” promotion. The new platform offers simpler royalty structures for store sales and even flexible one-year contracts. Creators will be allowed a more hands-on, DIY approach to their books, using a web interface developed by Devil’s Due founder Josh Blaylock, which is all part of what he sees as a need in the indie market.

As for its previously existing titles, everything remains as it has been, with creators possibly shifting their publishing arrangements over to the new platform on a case by case basis.

Devil’s Due Comics will continue to be released through comic shops via Diamond under the umbrella label Devil’s Due / 1First Comics.

The company is not accepting open solicitations from the public at this time, and is prepping more titles to be announced later in 2018.

Tokyopop Engages IDW International as Global Sales Agent

IDW Publishing and Tokyopop have announced that IDW’s international arm will be managing the Tokyopop foreign rights catalogue for non-English language markets. IDW International oversees all international licensing of the diverse IDW catalogue and its partners, which continues to grow year after year. Tokyopop’s foreign rights catalogue consists of over 100 manga and graphic novel IPs featuring a diverse range of characters and stories from talented creators worldwide.

Founded in 1997 by media entrepreneur Stu Levy, Tokyopop, part of POP Media Holdings, established the market for manga in North America, introducing the term to the English language in the process. Over its history, Tokyopop has published thousands of books, distributed anime and Asian films on home video and television, licensed merchandise to consumer goods companies, created graphic novels of major brands, and led the way digitally in social media, e-commerce, and user-generated content.

As a welcome addition to the rapidly growing division representing a wide range of publishers and brands, Tokyopop joins Oni Press and Archie Comics in working alongside IDW International.

Where the Data Ranks 2017’s Comic Book Films. $6.11 Billion Worldwide and Counting

2017 has been a wild ride for comic adaptions. We look at who the real winners and losers are for this year’s comic films and dive into the numbers… not opinions.

Maybe the lesson of the year is to not count a film down? With what can only be described as a disappointing opening, Justice League continues to fight at the box office and stands at $656.4 million worldwide, and increase of $300,000 since last week. While the film is lagging other DC films, it’s also earning much more at the foreign box office than any other film beside Batman v Superman. The film is earning a little over 65.5% of its dollars from the foreign box office. The DCU on average has earned 58%. The higher percentage is partially due to lower domestic earnings, but the film is definitely not to be counted out at the worldwide box office.

Thor: Ragnarok added an estimated $400,000 worldwide to its total. Worldwide the film has earned $853 million. The film is about $10.7 million behind Guardians of the Galaxy Vol. 2 and it’s possible it might pass it, though not likely.

My Friend Dahmer continues to gain and now sits at $1,352,636 about a $7,000 increase from the previous week.

Kingsman: The Golden Circle has slowed down but has passed the $400 million mark. It stands at $409.6 million. That’s an increase of $900,000 over the week. The film also passed X2: X-Men United to now sit at #43 for worldwide earnings for comic adaptations.

2017 has been a record year for comic adaptations. With over a month to go the films have earned $2.364 billion domestically beating the previous year’s $1.901 billion. Internationally, films have earned $3.750 billion beating the previous record of $3.215 billion set in 2014. Worldwide comic adaptations have earned $6.114 billion beating the 2016 record of $5.026 billion. “Profits” too have seen a record year with $4.436 billion versus 2016’s record of $3.812 billion.

We’ll continue to report on 2017’s statistics until all dollars are in, at least another month, if not more.

Lets compare how the big two comic companies compare for earnings. On average DC films earn $317.4 million domestically while Marvel earns $313.5 million. Internationally, Marvel rules with $486.6 million and DC lags behind with $435.5 million.

Already, the year is an interesting one with five clear successes and a whole lot of mixed otherwise. Thor: RagnarokWonder Woman, Logan, Spider-Man: Homecoming, and Guardians of the Galaxy Vol. 2 have done well this year. My Friend DahmerJustice LeagueKingsman: The Golden Circle, The LEGO Batman Movie and Smurfs: The Lost Village, and Atomic Blonde are in that debatable area. ValerianWilson, Ghost in the Shell, and Blade of the Immortal are generally disappointments. Marvel’s Inhumans… got no clue and tough to debate since it’s a television show primarily with a limited film engagement.

Here’s where this year’s comic films stand as far as the actual numbers. With a new film opening the averages have dipped.

Total Domestic Gross: $2.364 billion
Total International Gross: $3.750 billion
Worldwide Gross: $6.114 billion
Total Reported Budgets: $1.667 million
Total “Profit”: $4.436 billion

Average Domestic Gross: $147.7 million
Average International Gross: $267.9 million
Average: Worldwide Gross: $382.1 million
Average Budget: $128.2 million
Average Profit: $253.9 million

Below is where the films released stand when it comes to being compared to this year’s averages. Those in green are above average while those below are red.

It’s 1, 2, 3 for New Films Topping the Weekend Box Office

Fifty Shades Free topped the weekend box office with an estimated $38.8 million off of a $55 million budget. The film also earned $98.1 million at the foreign box office for a total of $136.9 million worldwide. The franchise crossed the $1 billion mark worldwide with the latest film’s opening.

That’s the worst opening for the film franchise with the original opening with $85.2 million in 2015, the second with $46.6 million in 2017, and now this.

The film also earned a “B+” CinemaScore. This will be a short victory as next week brings Black Panther which will suck up the air for the entire box office. You can read our review.

Coming in second place was Peter Rabbit with an estimated $25 million. The film, which has a $50 million budget, received an “A-” CinemaScore and should do fine in the long term without much competition for kids.

In third place was The 15:17 to Paris which earned an estimated $12.6 million off of a $30 million budget. With an additional $5.3 million at the foreign box office the film earned $17.9 million worldwide and a “B-” CinemaScore.

Dropping to fourth place was Jumanji: Welcome to the Jungle with an estimated $9.8 million. The film now stands at $365.7 million domestically and $881.8 million worldwide. Not bad for a $90 million film. The movie passed Spider-Man: Homecoming‘s $880.2 million which now drops to sixth for the year.

Rounding out the top five was The Greatest Showman which earned $6.4 million to bring its domestic total to $146.5 million and $314.2 million worldwide.

When it comest to comic adaptations…

Thor: Ragnarok continues to bring in the dollars earning an estimated $215,000 to bring its domestic total to $314.3 million and $853 million worldwide.

We’ll have more info on 2017’s comic film adaptations in an hour.

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