Los Angeles, CA -- IMAX Corporation (NASDAQ: IMAX; TSX: IMX) and Warner Bros. Pictures today announced that Harry Potter and the Deathly Hallows: Part I, posted strong second weekend results, generating $5.4 million in domestic box office on 239 IMAX screens over three days from Friday, November 26 through Sunday November 28. The film's overall three-day domestic gross box office was $50.3 million. Internationally, the IMAX release generated a three-day total of $2.6 million on 108 screens, for a total second weekend performance of approximately $8.0 million. IMAX's total worldwide box office to date for the film is approximately $31 million.

"The continued strength of this film, which is playing on more IMAX screens globally than any other IMAX release before it, demonstrates that whether the film is in 2D or 3D, consumers continue to want to experience blockbuster movies in IMAX," said Richard L. Gelfond, CEO, IMAX Corporation. "The film will continue to open on additional IMAX screens worldwide, and we're optimistic that the unique experience of Harry Potter in IMAX will appeal to audiences well into the holiday season."

"Our expanded IMAX network has enabled us to help fuel another fantastic weekend," added Greg Foster, Chairman and President, IMAX Filmed Entertainment. "We're particularly pleased with the performance overseas, where the film's momentum is holding very well in markets such as China, Japan, Holland and the UK. We also had a very strong opening in France, where the film played exclusively in IMAX theatres the two days prior to its conventional release. The strong legs demonstrated this weekend in both domestic and international markets bodes well for the weeks ahead."

International Highlights to date include:

- Japan - over $187,500 per IMAX screen average
- China - $76,500 per IMAX screen average
- Holland - $141,000 per IMAX screen average
- France - $117,000 per IMAX screen average

Harry Potter and the Deathly Hallows: Part I: The IMAX Experience has been digitally re-mastered into the image and sound quality of The IMAX Experience® with proprietary IMAX DMR® (Digital Re-mastering) technology for presentation in IMAX®. The crystal-clear images, coupled with IMAX's customized theatre geometry and powerful digital audio, create a unique immersive environment that will make audiences feel as if they are in the movie.

 

Read more

Kansas City, Missouri -- AMC Entertainment Inc. ("AMC" or the "Company") announced today that it is proposing to issue $600 million aggregate principal amount of senior subordinated notes due 2020 (the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").

The Company intends to use a portion of the net proceeds from this private offering to purchase the Company's outstanding $325.0 million aggregate principal amount of 11% Senior Subordinated Notes due 2016 (the "2016 Senior Subordinated Notes") that are tendered pursuant to a cash tender offer and consent solicitation also announced by the Company today and to pay the consent fees in connection with such cash tender offer and consent solicitation. The Company intends to distribute the remainder of such proceeds to its parent, Marquee Holdings Inc. ("Marquee"), to be applied to Marquee's cash tender offer and consent solicitation announced today regarding Marquee's outstanding $240.8 million aggregate principal amount of 12% Senior Discount Notes due 2014 (the "2014 Marquee Notes"). In addition, the Company intends to redeem any of the 2016 Senior Subordinated Notes that remain outstanding after the consummation of the cash tender offer and consent solicitation on or after February 1, 2011 in accordance with the terms of the indenture governing the 2016 Senior Subordinated Notes, as amended pursuant to the consent solicitation. Marquee also intends to redeem any of the 2014 Marquee Notes that remain outstanding after the consummation of the cash tender offer and consent solicitation in accordance with the terms of the indenture governing the 2014 Marquee Notes, as amended pursuant to the consent solicitation.

The Notes are being offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States only to non-U.S. persons pursuant to Regulation S. The Notes will not be registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States absent an effective registration statement or an applicable exemption from registration requirements or a transaction not subject to the registration requirements of the Securities Act or any state securities laws. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes, nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

 

Read more

justinbiebernews.pngSource: THR

Even though Justin Bieber: Never Say Never doesn't open until February 11, die-hard fans are already scooping up tickets. Paramount has announced that 26,000 of 100,000 tickets available for a November 9 screening have already been sold. These enthusiastic fans receive Never Say Never 3D glasses, a branded glow stick and bracelet and a souvenir lanyard for their efforts.

Many in the industry feel that Never Say Never will have no problem being a bigger force at the box office than Miley Cryus/Hannah Montana: The Best of Both Worlds, which raked in more than $65 million in 2008.

Read more

BEVERLY HILLS, Calif. -- Netflix, Inc. (Nasdaq: NFLX) and FilmDistrict, a multi-faceted acquisition, distribution, production, and financing company, today announced a multi-year agreement through which first-run, theatrically-released films distributed by FilmDistrict will be licensed to Netflix for streaming over the Internet in the "pay TV window" a few months after their release on DVD.

Under the deal, major motion pictures that traditionally would have been licensed to premium cable channels will flow instead from FilmDistrict to Netflix for streaming to its members, beginning in 2011.

Among the first films to be covered under the deal are "Drive," director Nicolas Winding Refn's adaptation of the James Sallis' crime tale starring the Academy Award®-nominated duo Ryan Gosling and Carey Mulligan, and the sci-fi action adventure film "Lockout," starring Guy Pearce and Maggie Grace, produced and co-written by Luc Besson, and co-directed by James Mather and Stephen St. Leger.

Broadening the variety and timeliness of content available for Netflix members to watch instantly is among the company's highest priorities as it rapidly transforms itself into a service focused on streaming movies and TV shows over the Internet.

FilmDistrict was created earlier this year by Oscar®-winning producer Graham King and his business partners Tim Headington and Peter Schlessel, who became FilmDistrict's CEO. Recently, film industry veterans Bob Berney and Adrian Alperovich joined FilmDistrict as president of film distribution and president of acquisitions and operations, respectively.

Said Ted Sarandos, chief content officer for Netflix: "Netflix has a long and successful history working with Peter Schlessel and Bob Berney, and I have long admired Graham King's amazing production success with movies like 'The Departed' and 'Blood Diamond,' which are among the most watched and highly rated movies of all time by Netflix members. We are thrilled to be in business with these proven tastemakers and entertainment business leaders."

"We are very excited about this new relationship with Netflix," said Mr. Alperovich. "The innovative and flexible entrepreneurial spirit they have demonstrated makes them a perfect partner for us as we build FilmDistrict into a strong independent distributor."

"Netflix has strategically developed a bold business model and they love movies," added Mr. Berney. "They have cultivated a loyal audience that gives FilmDistrict great opportunities for growth."

 

Read more

LOS ANGELES -- Paramount Digital Entertainment in association with MTV, both part of Viacom Inc. (NYSE: VIA and VIA.B) announced today that it plans to add another original project to its popular digital programming line-up: JACKASS 3.5, which will premiere in March 2011.

The third installment of JACKASS from Paramount Pictures and MTV Films - JACKASS 3D - hit theaters on October 15, 2010 and has already grossed over $155 million at the worldwide box office. The film stars Johnny Knoxville and the boys and was produced by Dickhouse Production's Jeff Tremaine and Spike Jonze, along with Knoxville. JACKASS 3.5, which was tailor-made for launch in digital media, will feature all new content, including never-before-seen stunts, pranks and other side-splitting antics by the JACKASS crew. New stunts and antics from JACKASS 3.5 will be released online weekly and then packaged together as a feature length film distributed digitally followed by other platforms including home video.

"I don't want to say that the JACKASS guys invented the Internet, but they were doing viral videos before most people had even heard the term. That distinguished heritage makes JACKASS the perfect franchise for digital," said Thomas Lesinski, President of Paramount Digital Entertainment. "When the JACKASS guys went to make JACKASS 3D, we proposed that we shoot a follow up to the successful JACKASS 2.5 digital feature alongside it, and everyone was up for it. In JACKASS 3.5, you are going to see an entire movie's worth of new stunts, new pranks and new gags, on whatever screen you choose."

"For JACKASS 3D we shot enough footage for two movies so a lot of great stuff didn't make it in the film. Luckily you will get to see those bits in 3.5. We also shot some additional footage in Europe specifically for 3.5. I have staples in my head right now to prove it. Woo hoo," said JACKASS co-founder and star Johnny Knoxville.

"It's been ten years since JACKASS first launched on MTV and there is still more poo, stunts and hilarity to go around on every screen imaginable," said Van Toffler, President, MTVN Music/Logo/Films Group. "Whenever the JACKASS crew gets together, you know there will be a plethora of valuable fragments of entertainment to satiate their fans, and JACKASS 3.5 will not disappoint as the latest installment in this fine franchise."

In 2007, Paramount Digital Entertainment & MTV released JACKASS 2.5, the first digital movie released by a studio that quickly became the most successful non-theatrical release in the studio's history. In the first few weeks of launch, the digital property garnered over 20 million views and was the #1 title on iTunes the week it launched.

The JACKASS franchise first debuted as an original television series on MTV from 2000 to 2002, launching the careers of Johnny Knoxville, Bam Margera and other now-popular personalities shown performing outrageous stunts and hysterical pranks. Since 2002, three successful JACKASS theatrical films have been produced and released by MTV Films and Paramount Pictures. JACKASS: THE MOVIE grossed more than $64 million in the United States alone, and finished in the Number 1 spot at the box office in its opening weekend. JACKASS NUMBER TWO was released in September 2006 and like its predecessor, topped the box office in its debut weekend, and ultimately earned more than $72 million in cumulative box office revenues. JACKASS 3D, released this October 2010 dominated the weekend box office opening to $50 million in ticket sales, setting several records such as becoming the biggest opening ever for a non-scripted/documentary-esque film, the 10th highest opening comedy of all-time, notching the record for an October midnight gross with $2.5 million, making it a special event for throngs of moviegoers.
The JACKASS franchise also includes a JACKASS: The Game video game for the PlayStation 2, PlayStation Portable and Nintendo DS. Its numerous DVD releases include JACKASS: VOL. 1, JACKASS: VOL. 2, JACKASS: THE MOVIE, JACKASS: VOL. 3, JACKASS: THE BOX SET, JACKASS NUMBER TWO, JACKASS 2.5, JACKASS WORLD PRESENTS: MATT HOFFMAN'S TRIBUTE TO EVIL KNIEVEL, and JACKASS: THE LOST TAPES.

 

Read more

Subscribe to Articles Feed