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Rooster Teeth beats ‘Gosnell’ for Indiegogo film record Summer without swagger for H’wood

NEW YORK July 14, (Agencies): Hollywood’s summer at the box office isn’t just missing nearly 20 percent of last summer’s revenue. It’s lacking swagger. Summer is the season for mega-budget, chest-thumping, globe-trotting monstrosities — films so big they lure droves of Americans with heavily promoted promises of shock and awe. But this season’s blockbuster output has been curiously low on the summer’s stock in trade: bigness.

Two months into the summer, there haven’t been any $300 million grossers at the North American box office. The only movie to surpass $100 million in its weekend debut was “Transformers: Age of Extinction,” and it did so by such a small smidge that some box-office watchers claimed it was artificially inflated. The Fourth of July, the customary launching pad for some of Hollywood’s flashiest fireworks, was the worst July 4th weekend in at least a decade. “The first half of the year was extremely strong, as was last year,” says Dan Fellman, domestic distribution head for Warner Bros. “Then all of a sudden, it turned the other way.”


Propelled
Since kicking off in early May, the summer box office has totaled $2.25 billion, a 19.3 percent downturn from last summer. Propelled by hit sequels like “Iron Man 3” and “Despicable Me 2,” last year was a record summer at the box office, despite a series of high-profile bombs such as “The Lone Ranger,” “White House Down” and “After Earth.” But when you bet big, you can also win big. While Hollywood’s summer has featured no shortage of major blockbusters, it has in some ways been more content to hit a double than swing for the fences. This summer’s box office has been dragged down not so much by flops than by a slate of more modestly ambitious movies.
 
The only major new July 4 release was the Melissa McCarthy comedy “Tammy,” made for just $20 million. (It debuted with a lackluster $21.6 million.) One of the season’s biggest sensations, “The Fault in Our Stars,” was a niche-based hit that appealed to the ardent fans of John Green’s young adult book. A whopping 82 percent of its $48 million opening weekend was female. The ensemble comedy sequel “Think Like a Man Too” topped a weekend in June with $29.2 million despite little crossover appeal.
These movies will likely all be quite profitable for their respective studios due to their cost-conscious budgets. But they aren’t superhero-sized hits.
 
Many of the blockbusters have seen revenue quickly tumble after the first weekend or two. Paramount’s “Transformers” — the biggest movie of the summer — nosedived 63 percent in its second weekend. “X-Men: Days of Future Past” opened big with $90.8 million but slid 64 percent the following week. “Godzilla” bowed with $93.2 million only to drop 67 percent.
Large declines aren’t uncommon in the blockbuster business, where so much of the marketing push is for opening weekend. But such steep fall-offs contribute to anxiety over the ability of movies to capture and hold the attention of moviegoers in an age of so many other entertainment options. (Cable television and digital media are the villains to this mindset, although the World Cup is also a box-office stealing boogie man this summer.)
 
DreamWorks’ “How to Train Your Dragon 2” was set up to be the big animated option of the summer following the popularity of the Oscar-nominated original. But it has seen an oddly muted reception, thus far totaling $141.7 million domestically, well below the $368 million domestic haul of “Despicable Me 2.” DreamWorks Animation head Jeffrey Katzenberg has been cynical about the movie industry of late, calling it “not a growth business.”
Instead, the studios have been banking on their biggest growth coming from overseas markets. Michael Bay’s “Transformers” for Paramount emphasized China more than North America. It launched its global assault from there and it was rewarded by becoming China’s all-time top box-office film, with $223 million in just two weeks.
 
Overseas, star power and spectacle often go further than in North America. Angelina Jolie and Disney’s “Maleficent” has brought in $416 million internationally, while Tom Cruise and “Edge of Tomorrow” has nearly tripled its domestic total ($91.4 million) abroad ($248.6 million).
“We’re in a global business today and if we lose a little ground in the domestic marketplace, we can pick it up internationally,” says Fellman.
But overseas business is little use for North American theaters. Fellman notes it’s the exhibitors “that are really suffering this summer.”
Yet because of a strong spring led by “Captain America: The Winter Soldier” and “The Lego Movie” (the year’s top two domestic releases at this point), the total 2014 box office is down only 3.9 percent from last year.
 
Also:
LOS ANGELES: Rooster Teeth, producer of the popular Web series “Red vs. Blue,” has mounted the most successful campaign for a film in the history of Indiegogo, the crowdfunding platform announced Monday. Lazer Team has raised more than $2.4 million, surpassing the previous record holder, “Gosnell,” a film about abortion doctor Kermit Gosnell.
“Lazer Team” surpassed its goal of $650,000 within 10 hours of launching, and has generated a steady stream of contributions ever since. A few film campaigns on Kickstarter have raised more than “Lazer Team,” including the “Veronica Mars” movie and the campaign to resurrect “Reading Rainbow,” but no other film has raised more on Indiegogo.
 
“Our audience has once again amazed us with their overwhelming, record-breaking support,” Rooster Teeth co-founder Burnie Burns told TheWrap. “We are proud to be the No. 1 most funded film on Indiegogo ... and with a totally new property. In a world filled with sequels and reboots, Lazer Team is a brand-new IP being made possible by the people who want to see it.”
Rooster Teeth will begin production on the film in August, and hopes to release it spring of next year. Set in the late 1970s, the film is about a team of warriors tried by the US government in collaboration with alien allies.
Burns told TheWrap shortly after the campaign launched that he hoped to score a theatrical release, and that he would use any extra money to increase the quality of the film.
“Historically we are movie guys,” Burns said. “I was a computer science student who wanted to learn about making films at the University of Texas. It was right after Robert Rodriguez made ‘El Mariachi,’ proving you could go make a movie and light the indie film world on fire.”
 

 

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