Hollywood has a good weekend, but....

croods.jpgEven with a better-than-expected $45 million from "The Croods" and $30 million from "Olympus Has Fallen," weekend revenue was way down from a year ago - largely because a year ago Hollywood had a little number called "The Hunger Games" that picked up $152 million. That's what they've been lacking all year: A genuine runaway train. The closest candidate is "Oz The Great And Powerful," which did $80 million in its first weekend and after three weeks has generated about $180 million.Overall box office is down 13 percent from 2012 and attendance is off 14 percent. Among the flops: "Gangster Squad," "The Incredible Burt Wonderstone, and "Jack the Giant Slayer." Be wary, however, of the analysis pieces that warn of a terrible movie year (you just know they're coming). It's still early. (Deadline, NYT)


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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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