August 23, 2010
Who would have guessed that in this day and age a Sylvester Stallone movie could top the box office for two straight weeks. But Sly’s “The Expendables” finished first with $16 million beating out five new releases including the Jennifer Aniston vehicle “Switched”. The dramedy opened to a disappointing $8.1 million prompting entertainment pundits like Patrick Goldstein of the Los Angeles Times to question whether Aniston is truly a movie star.
Generating interest doesn’t seem to be a problem for “The Social Network”, which details the founding of Facebook. More than six weeks before its release the film directed by David Fincher is getting a ton of early Oscar buzz.
Google is also making waves in Hollywood. A book about the company’s early days is being turned into a movie and Google TV has the industry worried that consumers will start canceling their cable subscriptions en masse. According to a story in the New York Times however, Americans have not been cutting their cable cords in the large numbers once predicted. Instead, cable subscriptions have increased.
August 9, 2010
Though 3D movies seem to be all the rage in Hollywood these days, it turns out fewer people are actually seeing them. Ever since the release of “Avatar” 3D’s box office earnings have been trending downward. Reporter Ben Fritz and columnist Patrick Goldstein, both from the Los Angeles Times, help us understand why 3D movies aren’t grossing as much as they did just six months ago.
Meanwhile over on “American Idol” they still haven’t worked out who will be judging next season’s competition, however Aerosmith lead singer Steven Tyler said publicly he was asked to join the show.
Arcade Fire released their third album “The Suburbs” to critical acclaim and they celebrated by webcasting their Madison Square Garden concert on YouTube. Making the event even more special, Terry Gilliam directed the webcast. Unfortunately for the concert industry, not every band is as successful as Arcade Fire at selling out their performances. Profits are down at concert giant Live Nation and it’s chairman has jumped on Twitter to explain why.