Showbiz Sandbox 104: ‘Pirates’ Proves The Importance Of A Global Box Office

Despite earning more than $90 million in North America during its debut weekend, the opening of “Pirates of the Caribbean: On Stranger Tides” did not live up to many industry insiders lofty expectations for the movie. However, considering the film made an additional $260 million in more than 100 international territories, its impossible to consider the latest installment of the Jack Sparrow franchise anything other than a success.

Even so, some analysts believe any muted box office returns for “Pirates” in North America are due to the public’s rejection of 3D movies. Have audiences grown tired of viewing films in 3D? Is the once flashy new technology now passé or is the surcharge for 3D and Imax causing moviegoers to opt-out?

The Cannes Film Festival came to an end this past week with Terrence Malick’s “Tree of Life” taking home the Palm d’Or. Will winning the festival’s top prize help the film’s financial prospects? If history is any guide, probably not.

We also cover the week’s top entertainment news stories, including music sales on the rise, Spider-Man back on Broadway, Lady Gaga on Twitter, as well as results from the Eurovision contest and an update on Miramax.

Play

‘Pirates’ Is Largest Overseas Debut Ever
http://www.hollywoodreporter.com/news/box-office-report-pirates-makes-191022

The American Consumer Is Rejecting 3D: Will Hollywood Listen
http://www.btigresearch.com/2011/05/23/the-american-consumer-is-rejecting….

‘Tree of Life’ Takes The Palm d’Or
http://www.hollywoodreporter.com/news/cannes-winners-tree-life-takes-191021

How Will Palm d’Or Affect Tree Of Life’s Chances
http://latimesblogs.latimes.com/movies/2011/05/tree-of-life-palme-dor-cannes….

Lars Von Trier Said Urge To Entertain And Relative Sobriety Led Him Astray
http://www.nytimes.com/2011/05/21/movies/lars-von-trier-says-urge-to….

Arnold Schwarzenegger – Is His Career Going, Going Gone
http://latimesblogs.latimes.com/the_big_picture/2011/05/arnold….

Drive By Digital, Music Sales Up In 2011
http://blog.nielsen.com/nielsenwire/consumer/cue-the-music-driven-by….

Lady Gaga Sells Entire New Album For 99 Cents On Amazon
http://mashable.com/2011/05/23/lady-gaga-amazon/

Lady Gaga Sale Stalls Amazon Servers
http://www.nytimes.com/2011/05/24/business/media/24gaga.html?hpw

Merlin Says Indies More Prevelant In Digital World
http://www.thecmuwebsite.com/article/merlin-says-indies-more….

Ashton Kutcher’s Contract Extends Just One Year
http://online.wsj.com/article/SB100014240527023036548045….

Apple To Close Deals With Top Record Companies
http://www.adweek.com/news/technology/apple-close-deals-top….

Ebook Sales Up 159% In Quarter, Print Falls
http://www.publishersweekly.com/pw/by-topic/industry-news/….

Amazon Now Sells More E-Books Than Print Books
http://www.publishersweekly.com/pw/by-topic/digital/content-and….

Dick Ebersol Resigns From NBC Sports
http://www.hollywoodreporter.com/news/dick-ebersol-resigns-nbc-sports-190278

Mannix Star Mike Connors Sues
http://www.hollywoodreporter.com/thr-esq/mannix-star-mike-connors-sues….

Lady Gaga Becomes First To Reach 10 Million Followers On Twitter
http://www.mediabistro.com/alltwitter/lady-gaga-10-million-twitter_b8816

No More Tailgating Fun At Jiffy Lube Live
http://www.nbcwashington.com/the-scene/events/No-More-Fun-121854419.html

Google Unveils The YouTube 100
http://www.fastcompany.com/1753071/google-unveils-the-youtube-100-rank….

Singers From Azerbaijan Win Eurovision Contest
http://www.nytimes.com/2011/05/16/arts/television/singers-from-azerbaijan….

Reworked ‘Spider-Man’ Swings At The Box Office
http://www.businessweek.com/ap/financialnews/D9NDCOV81.htm

Miramax Films Makes Netflix Deal
http://www.deadline.com/2011/05/miramax-films-makes-netflix-deal/

Miramax Plots Content Play Through Acquisitions And Inherited Scripts
http://www.deadline.com/2011/05/miramax-plots-content-play-through….