Big budget sequels and super hero movies helped push the bar on summer box office records slightly higher. North American grosses rose to $4.4 billion as overseas markets improved to $8.2 billion in receipts. But how much did all those blockbusters actually cost to produce and market? After all the money is counted, how profitable will the latest installments of “Pirates of the Caribbean” and “Transformers” truly be? We sharpen our pencils and do the math to answer all these questions and more.
One future blockbuster that was recently axed by Disney may actually get made after all. The studios is lowering the budget on “The Lone Ranger” by asking star Johnny Depp and filmmaker Gore Verbinski to take a pay cut.
The publishing world also seems to be doing quite well lately thanks to strong sales of digital titles. Even though the e-books may be getting all the love in mainstream media stories, Random House wants everyone to know that print books aren’t dead. In fact, the sale of hardcover and paperback books still outpaces their digital counterparts.
We also cover all the week’s top entertainment news including the “controversial” selection of Chaz Bono to appear on “Dancing With The Stars”, why Starz is breaking up with Netflix, Sinead O’Connor’s dating problems, and whether reality television needs to be reformed.
Hollywood Scores A Record Summer Worldwide
Record Summer Box Office Looms as ‘The Smurfs’ Takes No. 1 Spot Again
Neither Smurf Nor Wizard Could Save Summer Movie Attendance
China Headed for $2 Billion Box Office Record In 2011
Why Disney Might Make ‘Lone Ranger’ – Reluctantly
Telluride 2011: Festival Gives Promising Look Into The Fall
ABC Attacked By ‘DWTS’ Fans Over Chaz Bono Casting
Unbroken Tops One Million Sold In Hardcover
Sony Tablets Coming In September
Amazon Tablets – 7 Incher In October, 10 Incher Next Year
Eddie Murphy In Talks To Host The Oscars
Ebersol Returns To NBC As NFL, Olympics Consultant
Icahn Ends Battle With Lions Gate, Agrees To Sell Stake
Gillian Anderson Ready For A Third ‘X-Files’ Film
Oprah Winfrey To Give Live Interview At Facebook
Facebook To Launch Music Service This Fall?
Hulu To Launch In Japan
Fox’s “New Girl” Gets Free, Early Debut Online
Sinead O’Connor Is Looking For Love
Netflix To Lose Starz, Its Most Valuable Source Of New Movies
What Wall Street Is Saying About Netflix-Starz