'New Moon' = $$$$$

Not everybody's hurting - the folks at Summit Entertainment saw "New Moon," their latest installment of the Twiilight saga, take in $140.7 million during its opening weekend. Only "The Dark Knight" and "Spider-Man 3″ have done better in a single weekend. A couple of things worth noting: The box office potency of teenage girls and the value of turning movies into communal events (evidenced by all those sold-out midnight shows). The film only got so-so reviews, but with so much money generated from advance ticket sales - along with the requirement in some social circles to see the dang thing no matter what - the question of good or bad doesn't much matter. The next film, "The Twilight Saga: Eclipse," arrives in theaters June 20. (USA Today)


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
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Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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