Several less expensive comedies also succeeded, like Seth Rogan's apocalyptic romp This Is the End, Jason Sudeikis' road trip farce We're the Millers and the summer's top comedy, The Heat, with Melissa McCarthy and Sandra Bullock. That worked for several low or medium budget horror films this summer, including The Conjuring and The Purge. Rather, he says, "The lesson is: Try to keep the costs down." "I don't think anything's going to change," says Dergarabedian.
Studios, though, consider the first few months of summer to be, as Dergarabedian says, "primetime" - when kids are out of school and movies have the widest audience possible. Maybe one of the takeaways of the summer is: We've got a whole bunch of movies, let's spread a few of them out a bit more and take advantage of the whole calendar." In January and February of this year, we had very little product. "I would encourage studios to look at some of those other months. "A few of those films suffered because of the congestion," said Fithian. This summer followed an especially poor first quarter for the box office. John Fithian, president of the National Association of Theater Owners, applauded the record summer revenue as a sign of industry strength but suggested studios are jamming too many blockbuster releases into too narrow of a summertime window. It was the most spectacular flop among many others, including Turbo, After Earth, White House Down, The Wolverine and The Hangover Part III. (Studios split box-office revenue in half with theater owners.)ĭespite successes like Warner Bros.' Man of Steel, Universal's Despicable Me 2 and Paramount's World War Z, The Lone Ranger became the masked face of Hollywood's summer. Disney gave some of that back, though, with Gore Verbinski's The Lone Ranger, which took in just $US88.4 million in North America despite costing more than $US215 million to make. The biggest hit of the summer was Disney's Iron Man 3, which made $US408.6 million domestically and $US1.2 billion worldwide. So what to make a summer (which is considered to run from the first weekend in May to Labor Day) that often seemed like a weekly punch line but ended up doing robust business overall? The lessons were hard to deduce. "It was this mix of great news and bad news at the same time." "It was one of the most interesting summers I've ever seen," said Paul Dergarabedian, analyst for box-office tracker. That meant faster blockbuster turnover that may have been better for the industry as a whole, but often came at the expense of individual films. A portion of the revenue bump could be attributed to rising ticket prices which, on average, went up 27 cents from last year.īut the plethora of major releases - a more than 50 per cent increase from last year in films costing $US75 million or more to make - meant moviegoers had a parade of highly-marketed, big-budget options through the early, most sought-after weeks of the summer. Yet the box office saw a 10.2 per cent increase in revenue over last summer (not accounting for inflation), with attendance rising 6.6 per cent. Though the movie business has always been one of hits and misses, this summer brought particular attention to some big whiffs. More than ever before, the industry packed the summer months with big-budget blockbusters that ranged from the hugely successful "Iron Man 3" to the disastrous The Lone Ranger. It was a positive note on which to end a tumultuous but profitable summer for Hollywood. historical drama Lee Daniels' The Butler, which stayed on top for the third week with $US20 million.
That wasn't enough to unseat the Weinstein Co. The summer movie season closed out on Labor Day weekend as the boy band concert film One Direction: This Is Us took in an estimated $US18 million from Friday to Monday for Sony Pictures, according to studio estimates Monday.
The summer concluded with a record $US4.7 billion in box-office revenue despite much maligned flops like The Lone Ranger, After Earth and White House Down. IN the end, Hollywood made it through a precarious minefield of summer box-office bombs with a heftier wallet.
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