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HOLLYWOOD REPORT -- 12/17/17


 

HOLLYWOOD REPORT FOR 12/17/17

 

 

"STAR WARS: THE LAST JEDI's" $220M launch is the latest reminder that movies are a product driven business.

 

Last weekend's ticket sales of $280M, per comScore, were up 237.9% from the prior week when no big studio films opened and moviegoers spent just $82.9M. Despite fears since Hollywood's soft summer that moviegoing's on its last legs, it's clear that when there's a film people really want to see, they'll make time and spend the money. So much for doom and gloom!

 

Last weekend was up 32.3% from 2016 when "ROGUE ONE: A STAR WARS STORY" opened to $155.1 million. Thanks to "JEDI" (pictured), comScore said 2017 to date is off 2.9% vs. down 3.9% a week ago.

 

Disney said "JEDI" is the "#1 debut of 2017 and the #2 debut of all time behind only 'STAR WARS: THE FORCE AWAKENS.' This massive debut pushes Disney past the $2B mark domestically for a third consecutive year." With $230M internationally (excluding China), its global cume is $450M.

 

comScore's Paul Dergarabedian said it's "a knockout with audiences giving it a full 5 out of 5 stars on comScore's PostTrak audience survey, a whopping 80% definite recommend and 33% would see it again in a theater."

 

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A key difference between awards by critics groups and the Hollywood guilds is that many guild members also vote for Oscars.

 

That distinction's easily forgotten with media excitement about what the critics like. The two camps don't always match up as we just saw with the Screen Actors Guild ignoring "THE POST's" Steven Spielberg, Tom Hanks and Meryl Streep, all of whom (pictured) just got Golden Globe and Critics Choice noms.

 

"POST" screeners probably arrived too late for viewing by many of SAG-AFTRA's 160,000 members. Movie and TV noms are made by two randomly selected groups of 2,500 members.

 

SAG noms are a great bellwether for Oscar noms because actors make up the Academy's largest voting branch. The last best picture Oscar winner with no SAG nom was "BRAVEHEART" (1996). However, the SAG members who also are Oscar voters are a more seasoned group with the credits to get into the Academy. "POST's" stars and government vs. media storyline could resonate more with them than with SAG's broader membership.

 

SAG's best cast (best picture) noms: "THE BIG SICK," "GET OUT," "LADY BIRD," "MUDBOUND," "THREE BILLBOARDS OUTSIDE EBBING, MISSOURI."