LAS VEGAS (AP) - Soothsayers were
big in the ancient Greek era depicted in the blockbuster "300," and
Hollywood hopes that flick portends one of the biggest years in
modern times for the movie business.
Unlike a year ago, when the industry was recovering from a dismal
2005, the annual ShoWest convention of theatre owners opened with
high spirits Tuesday, Hollywood riding a wave of recent hits and
looking ahead to a summer with an unprecedented lineup of potential
box-office smashes.
"I've been in the business 50 years. I think it looks like the best
product year I can ever remember since the days of 'Titanic,"' said
Marvin Troutman, president of Cinema Centers Inc., which has 66
theatre screens in central Pennsylvania.
Troutman spoke while strolling past a line of movie posters
promoting such summer blockbusters in waiting as "Shrek the Third,"
"Spider-Man 3" and "Harry Potter and the Order of the
Phoenix."
At ShoWest last year, theatre owners groused that Hollywood had let
them down in 2005 with a string of boring movies. The industry
rebounded with a solid though unremarkable year in 2006.
This time, cinema operators are buzzing with the early success of
last weekend's "300," which opened with a record March debut of
US$70.9 million.
Going into the weekend, 2007's movie admissions had been lagging
one per cent behind last year's because of a sleepy January and
February at cinemas. Then the comic-book adaptation "Ghost Rider"
and the road comedy "Wild Hogs" heated up the box office, a prelude
to the huge opening of "300," the success of which helped put
admissions nearly two per cent ahead of 2006's in a single
weekend.
More importantly, say Hollywood executives, the industry is
offering a range of films that captures all audiences, young and
old, not just the teen moviegoers whom studios target with many of
their summer popcorn flicks.
"Last weekend, I went to the movies and it was sold out. I was
trying to see 'The Last King of Scotland.' Then I tried to see
'Amazing Grace.' Sold out," said Dan Glickman, who heads the Motion
Picture Association of America, Hollywood's key trade group. "Most
people would have been upset. I was thrilled."
As ShoWest opened, theatre owners were shown previews of two major
Disney summer releases, the trailer for "Pirates of the Caribbean:
At World's End" and a 12-minute clip of "Ratatouille," the latest
cartoon comedy from Pixar Animation.
Other major summer tales include Jackie Chan and Chris Tucker's
"Rush Hour 3," the sci-fi adventure "Transformers," George
Clooney's latest heist romp "Ocean's Thirteen," Adam Sandler's
comedy "I Now Pronounce You Chuck and Larry," the superhero sequel
"Fantastic Four: Rise of the Silver Surfer," Steve Carell's "Bruce
Almighty" follow-up "Evan Almighty," the animated penguin story
"Surf's Up," Matt Damon's new spy caper "The Bourne Ultimatum" and
"The Simpsons Movie," a big-screen adventure for TV's favourite
cartoon family.
Might the overload of movies cut into one another's business?
"Not if they're good movies," said Jerry Bruckheimer, producer of
the "Pirates" trilogy, whose second chapter was last year's biggest
hit. "When you have a down year and people didn't come, it's not
because they don't like movies. It's because the movies we put out
there didn't engage them. Not that they were bad movies. It's just
audiences didn't respond. Hopefully, this summer we can prove them
all wrong."
In 2006, domestic revenues were just under US$9.5 billion, with
about 1.45 billion tickets sold. That was up solidly from 2005,
when admissions plunged and some critics predicted doom for movie
houses because of home-theatre systems and other newer
entertainment options.
Admissions in 2006 were on par with the industry average over the
last decade, though far below Hollywood's golden age of the 1930s
and '40s, when estimates put ticket sales as high as four billion a
year, before television began eroding movie audiences.
Hollywood's revenue record of $9.53 billion came in 2004, while the
best year in modern times for admissions came in 2002, with 1.6
billion tickets sold.
With such a heavy-hitting 2007 lineup, some think those modern
revenue and admissions records could fall this year.
"You never know until people start buying tickets for the big
pictures, but we've never seen a slate like this before," said John
Fithian, who heads the National Association of Theatre Owners. "So
we have guarded confidence that it's going to be a huge year. We'll
see when they come to the theatres."
Theatre owners offered rousing applause after viewing the footage
of "Ratatouille," the story of a gourmand rodent who teams with a
lowly human janitor to cook grand dishes at a fancy French
restaurant.
"Ratatouille" director Brad Bird said he has gotten over fears that
his film could get lost in the onslaught of sequels with familiar
characters and story lines.
"We feel very confident as a story that we'll be able to stand with
anybody. And we think you can't live on sequels alone, man. You've
got to get some fibre in your diet," said Bird, who also directed
"The Incredibles." "We're thinking that the idea of doing original
films is going to catch on, because after all, where do sequels
come from?"