![]()
- Tuesday's Heavy Dose of Data to Dictate 'Risk' Behavior
- Obama says Boosting US Jobs is Top Priority
- More Consumers Giving 'Black Friday' the Cold Shoulder
- Prepare For Large Decline In Stocks, Next Year?
- Appeals Court Denies Microsoft's Alcatel Petition
- HP Comes in As Expected; Is It Time to Buy?
- Cramer: What Monday’s Housing Number Really Means
- Why the Dollar Will Likely Stay Weak for Some Time
- US Officials Press Pay Czar to Ease AIG Curbs: Report
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Why Amazon Rules Retail
- Wave of Debt Payments Facing US Government
- Paul: Audit the Fed
- China Eastern to Complete Shanghai Air Buy by End '09
- The Social Media Gaming Threat
- Gold Will Collapse Like Oil Did in 2008: Charts
- JAL Slides to Record Low on Bankruptcy Jitters
- Prepare For Large Decline In Stocks, Next Year?
- Holiday Travel Outlook
Michael Jackson's much-hyped concert movie reigned at the worldwide box office Sunday, but its performance in North America was hardly a thriller.
![]() |
"This Is It," composed mostly of rehearsal footage recorded in the weeks before the "King of Pop's" death in June, earned an estimated $101 million in the five days since opening globally Wednesday, distributor Columbia Pictures said.
Moviegoers in the United States and Canada contributed $32.5 million. In the days leading up to its opening, industry forecasters had said it could earn at least $40 million.
Columbia said it had hoped for an opening in the $30 million to $40 million range.
"This has always, always been a worldwide play," said Rory Bruer, president of worldwide distribution at Columbia's parent Sony [SNE
Loading...
()
]. "We're very happy with the results domestically, but ecstatic with the worldwide."
Top territories included Japan with $10.4 million, Britain with $7.6 million, Germany with $6.3 million, France with $5.8 million, Australia with $3.6 million and China with $3.2 million.
Rival studios, perhaps looking to put Sony in the hot seat, had been particularly bullish about the film. One executive, requesting anonymity, predicted the film could make $660 million globally during its limited two-week run — $260 million domestically and $400 million internationally.
Columbia had shied away from issuing global forecasts because of a dearth of comparable concert films. The record for such movies is held by "Hannah Montana/Miley Cyrus — Best of Both Worlds," which earned $65 million domestically last year.
The film's prospects were not helped by Halloween, which fell on a Saturday for the first time since 1998, siphoning off a large swathe of potential North American moviegoers on the biggest night of the week.
Columbia said it extended the planned two-week limited run in North America through Thanksgiving (Nov. 29). Foreign territories will extend the run on a case-by-case basis.
The studio paid Jackson's estate and closely held concert promoter AEG about $60 million for the rights, but will deduct the production costs from its tab. As for box office revenues, which are usually split evenly with movie theater owners, Sony will share its haul with the estate and AEG according to a complex, undisclosed formula.
Columbia's sister company, Sony Music, has done much better with Jackson's recordings. His albums have sold more than 5.7 million copies this year in the United States, according to tracking firm Nielsen SoundScan.
For the traditional three-day period, beginning Friday, "This Is It" earned $21.3 million.
Last weekend's North American champ, Paramount Pictures' micro-budget horror flick "Paranormal Activity," slipped to No. 2 with $16.5 million in its sixth weekend, taking its total to $84.8 million. Paramount is a unit of Viacom [VIA
Loading...
()
].
No other new releases dared compete with Halloween festivities.
- The show attracts a big TV audience every year, but this year it may take on even more importance.
- …you'll want to be prepared. Tips for getting the most out of the post-Thanksgiving shopping frenzy.
- Congressman Ron Paul explains to Squawk Box why he’s pushing legislation to audit the Federal Reserve.
- CNBC’s Phil LeBeau took a test drive of GM’s flagship electric car. Here’s what he thought of the Volt.
- The energy company Power Efficiency is building tools that regulate the power electric motors use.
- CNBC’s technology reporter Jim Goldman guides you through the best gadgets to buy this holiday season.













