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MARTIN GROVE'S HOLLYWOOD REPORT -- 3/18/18


 
BLACK PANTHER IN PRODUCTION

BLACK PANTHER IN PRODUCTION

TOMB RAIDER - ALICIA VIKANDER IN PRODUCTION

TOMB RAIDER - ALICIA VIKANDER IN PRODUCTION

MARTIN GROVE'S HOLLYWOOD REPORT FOR 3/18/18:

There already are too many awards shows, but I think we need one more.

 

It's not realistic to think Oscar voters will suddenly start including big budget, mainstream hits in the best picture race. "BLACK PANTHER" (pictured) getting a best picture nom next year is a long shot given Academy members' love affair with small indie dramas. "BP" may be 97% Certified Fresh on RT with $605.4M domestic and $1.18B globally, but it's likely to wind up snubbed just like "WONDER WOMAN."

 

If Oscar won't honor the movies people spend money to see in theatres, somebody else should. Since 1985, Film Independent's Spirit Awards have celebrated the best movies produced for under $20M. Why shouldn't some other group create an award to recognize the best movies made on budgets of, say, $80M or more?

 

When the Academy expanded its best picture race from five contenders to up-to-10, the idea was to make room for well regarded blockbusters like 2008's "THE DARK NIGHT" that were being crowded out by indie titles. Instead, those extra picture noms also wound up going to indies. It's time someone starts applauding the best hit movies that keep Hollywood in business.

 

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MARTIN GROVE'S HOLLYWOOD REPORT FOR 3/18/18:

Hollywood proved again last weekend that moviegoers don't want to see expensive reboots of aging franchises in theatres.

 

MGM/WB's re-imagination of "TOMB RAIDER," which reportedly cost $90M, opened second to $23.5M. It looks better abroad with a $102.5M two week cume. "TR's" roots are in the hit 1996 video game whose heroine Lara Croft was catnip to teen boys. The game's success spawned "LARA CROFT: TOMB RAIDER" (2001), which catapulted Angelina Jolie to stardom. It opened June 15, 2001 to $47.7M and did $131.2M domestic.

 

"LARA CROFT TOMB RAIDER: THE CRADLE OF LIFE" (2003) also starred Jolie, but fizzled – opening July 25, 2003 to $21.8M and doing $65.7M domestic.

 

Lara should have been laid to rest then, but Hollywood never seems to learn from its past mistakes. 2013 brought a video game reboot and that sparked this movie reboot starring Alicia Vikander (pictured), 2016's supporting actress Oscar winner for "THE DANISH GIRL."

 

Last weekend's ticket sales, per comScore's Paul Dergarabedian, were $135M, down 48.4% from $261.8M last year when "BEAUTY AND THE BEAST" opened to $174.8M. 2018 is up just 2.2% from 2017 vs. up 7.6% a week ago.