Latest News!
- A-Rod: Madonna and I Are 'Friends – That's It'
- Beyoncé Is No Sasha Fierce, Says Pal
- Police Seek Two People in Shooting of Mark Ruffalo's Brother
- Boy George Found Guilty of False Imprisonment
- Jennifer Hudson Calls Grammy Noms 'Truly a Blessing'
- Katie Holmes: I'm No Wallflower
- Twilight Star Robert Pattinson Kisses & Tells
People Top 5
LAST UPDATE: Friday December 05, 2008 09:10AM EST
PEOPLE Top 5 are the most-viewed stories on the site over the past three days, updated every 60 minutes
Studios Bedeviled by 'Angels' Failure
The $144 million-plus "Charlie's Angels: Full Throttle" has failed at the U.S. box office, and other sequels are slumping, forcing Hollywood to worry.
Originally posted Tuesday July 15, 2003 01:00 AM EDT
As this weekend's box office results soberly showed, this summer's much-ballyhooed sequels to "Legally Blonde" and "Charlie's Angels" will be lucky if they make it to the $100 million mark.
So far, "Charlie's Angels: Full Throttle" has taken in $82 million -- not enough to cover its $144 million production costs (that's not counting what it also took to market it) -- and "Legally Blonde 2: Red, White & Blonde" has pulled in $63 million, the Los Angeles Times reports.
Other sequels delivering smaller-than-expected returns this year have been "2 Fast 2 Furious" (with $122 million) and "Terminator 3: Rise of the Machines" ($110 million), not to mention the outright duds "Rugrats Go Wild!" ($37 million) and "Dumb and Dumberer: When Harry Met Lloyd" ($25 million).
And while the situation is not enough to slam the brakes on a "Charlie's Angels 3" or yet another "Fast and the Furious," corporate Hollywood is noticing that audiences won't automatically flock to empty-headed movie franchises.
"If there was any hubris or arrogance to the industry's approach, it's that we got accustomed to believing 'build it and they'll come,' " Marc Shmuger, vice chairman of Universal Pictures, tells the Times. "What we've seen this summer is that movie audiences are declaring their independence of thought."
Sony executives tell the paper that the strong foreign ticket sales for "Angels" -- which stars Drew Barrymore, Cameron Diaz and Lucy Liu -- may yet save the picture and may even justify another installment.
"It's too early to tell," said Amy Pascal, chairman of Sony's Columbia Pictures. "I'm watching closely and hoping it will make sense."
For the record, the summer's successful sequels have been "The Matrix Reloaded" ($274 million) and "X2: X-Men United" ($213 million.) "Bad Boys II" opens Friday.
So far, "Charlie's Angels: Full Throttle" has taken in $82 million -- not enough to cover its $144 million production costs (that's not counting what it also took to market it) -- and "Legally Blonde 2: Red, White & Blonde" has pulled in $63 million, the Los Angeles Times reports.
Other sequels delivering smaller-than-expected returns this year have been "2 Fast 2 Furious" (with $122 million) and "Terminator 3: Rise of the Machines" ($110 million), not to mention the outright duds "Rugrats Go Wild!" ($37 million) and "Dumb and Dumberer: When Harry Met Lloyd" ($25 million).
And while the situation is not enough to slam the brakes on a "Charlie's Angels 3" or yet another "Fast and the Furious," corporate Hollywood is noticing that audiences won't automatically flock to empty-headed movie franchises.
"If there was any hubris or arrogance to the industry's approach, it's that we got accustomed to believing 'build it and they'll come,' " Marc Shmuger, vice chairman of Universal Pictures, tells the Times. "What we've seen this summer is that movie audiences are declaring their independence of thought."
Sony executives tell the paper that the strong foreign ticket sales for "Angels" -- which stars Drew Barrymore, Cameron Diaz and Lucy Liu -- may yet save the picture and may even justify another installment.
"It's too early to tell," said Amy Pascal, chairman of Sony's Columbia Pictures. "I'm watching closely and hoping it will make sense."
For the record, the summer's successful sequels have been "The Matrix Reloaded" ($274 million) and "X2: X-Men United" ($213 million.) "Bad Boys II" opens Friday.
Check out more on... Cameron Diaz
Latest video
Star Talk
Michael Phelps: From Speedo to Tuxedo!
SI's Sportsman of the Year talks about his latest honor – and being named one of PEOPLE's Sexiest Men Alive (with photographs by Heinz Kluetmeier)
Advertisement
Today's Photos
What's Hot on People.com
Promotion
Treat Yourself! 4 Preview Issues
















