BizJournals Portfolio
Home >   Business Views, Opinions and Blogs >   Business Blogs >   Hollywood Deal >  

Summer 2007 More Than 4 Billion At The Box Office

Hollywood Deal

by Tim Swanson
Main
Art, Commerce, Celebrity Collide in WB's Troubled 'Jesse James'   Studios Not the Only Biz Benefitting From Big Summer B.O.

Recent Blog Posts

Links

May 02 2007 12:00am EDT

Summer 2007: More than $4 Billion at the Box Office?

Let the summer film frenzy begin. Spider-Man 3 set box office records across eight Asian markets yesterday and in Europe as well. How well this blockbuster fares over the next few days will set the tone for the franchises that follow. "There is no better way to start a summer than with a `Spider-Man' film," said Paul Dergarabedian, president of box-office tracker Media By Numbers. "If you had to create a template for the perfect summer movie season, this is pretty much it." With that in mind, Hollywood could have its first $4 billion summer ever, topping the $3.95 billion earned the first weekend in May through Memorial day in 2004. With 40 percent of annual ticket sales coming from the summer months, and box office slow in the past few weeks, this just the kind of good news the industry has been waiting to hear.

Record summer in store for Hollywood? [AP]

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com
Like Portfolio on Facebook

Come on, like us—you know you want to.

Follow Portfolio on Twitter

Follow us and if you're an innovative entrepreneur, we'll return the favor.

The Mix

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

People & Ideas

Whisky To-Go-Go

Now there's a company that let's you taste your knowledge of fine blended Scotches by mixing a whisky of your own. Read More