Hollywood loves breaking box-office records, yet studio executives aren’t griping that their 2008 lineup will fall a bit shy of the all-time high set a year earlier.
With the overall economy in the pits, movie moguls are just glad to have weathered the year with faithful audiences that continued to crowd into theaters.
“Last year was the record of all time. The economy’s tough. Things are bad out there, and I think if we can have another record-breaking year or close to it, I figure we’ll all be happy,” said Dan Fellman, head of distribution for Warner Bros., which released the year’s biggest hit with “The Dark Knight” ($531 million).
Through New Year’s Eve, 2008 domestic revenues are expected to come in just shy of 2007’s record of $9.7 billion, according to box-office tracker Media By Numbers. Factoring in higher admission prices, the actual number of tickets sold in 2008 is running 5 percent behind last year’s, when admissions totaled 1.4 billion.
Hollywood historically survives recessions better than many businesses because movies remain relatively cheap compared with sporting events, live theater and other forms of entertainment.
While consumer belt-tightening no doubt costs studios some cash, the list of 2008 blockbusters is a sign of a healthy business delivering the goods across every genre.
With a $158.4 million debut, the Batman sequel “The Dark Knight” shattered the record for best opening weekend and has put Heath Ledger on track for a possible posthumous Academy Award as the maniacal villain the Joker.
Paramount and Marvel Studios’ “Iron Man” was the superhero runner-up with a $318.3 million haul. Old-school hero Harrison Ford cracked his whip again as Paramount’s “Indiana Jones and the Kingdom of the Crystal Skull” followed closely with $317 million.
Among other smashes: Sony’s Will Smith adventure “Hancock” and James Bond thriller “Quantum of Solace”; Universal’s action tale “Wanted”; and a rush of animated comedies led by the Disney-Pixar charmer “WALL-E.”
While young males remained Hollywood’s core audience, girls and women flocked to theaters for the Warner Bros. comedy “Sex and the City”; Summit Entertainment’s vampire romance “Twilight”; Universal’s musical “Mamma Mia!”; and Disney’s “Hannah Montana” concert flick.
Quality-wise, the summer blockbusters came in a cut above the usual lineup of silly action and lowbrow comedy. Critics liked “Iron Man” and adored “WALL-E” and “The Dark Knight,” the latter heading toward Jan. 22 Oscar nominations with best-picture buzz.
The 2008 lineup showed that hit movies do not “have to be a mindless concept,” said Rob Moore, vice chairman of Paramount, whose 2008 successes also included the comedy “Tropic Thunder,” featuring fresh and wildly different performances from “Iron Man” star Robert Downey Jr. and Tom Cruise. “If you tell a compelling story, you can get an audience to show up.”
With a huge Christmas weekend, Hollywood continued to serve up must-see movies, from 20th Century Fox’s family tale “Marley & Me” to a surge of awards contenders such as “The Curious Case of Benjamin Button,” ”Doubt,” ”Revolutionary Road” and “Gran Torino.”
When they see films they like, audiences tend to come back for more. So the goodwill gained from recent successes should help carry the movie business into 2009 — as long as the movies remain good, said Paul Dergarabedian, president of Media By Numbers.
“It’s vitally important now more than ever that movies deliver, because people are careful about what they’re spending their money on. So they have to be satisfied with the product,” Dergarabedian said. “When audiences use the movies as a retreat from their everyday troubles, that retreat had better make them feel good.”
Universal Pictures is owned by NBC Universal, a unit of General Electric Co.; Sony Pictures is a unit of Sony Corp.; Paramount is a division of Viacom Inc.; Disney’s parent is The Walt Disney Co.; 20th Century Fox is owned by News Corp.
DGA Feature Nominees: Audiard, Baker, Berger, Corbet and Mangold
The field of feature nominees for the Directors Guild of America (DGA) Awards spanning two categories is set. Nominated for the DGA honor for Outstanding Directorial Achievement in Theatrical Feature Film for 2024 are: Jacques Audiard for Emilia Pérez, Sean Baker for Anora, Edward Berger for Conclave, Brady Corbet for The Brutalist, and James Mangold for A Complete Unknown.
The DGA also revealed the nominees for the Michael Apted Award for Outstanding Directorial Achievement in First-Time Theatrical Feature Film. The first-time narrative feature directors are: Payal Kapadia for All We Imagine as Light, Megan Park for My Old Ass, RaMell Ross for Nickel Boys, Halfdan Ullman Tondel for Armand, and Sean Wang for Diddy.
“2024 has been a truly extraordinary year for storytelling--and today’s nominees have created audacious and unique films that expand the possibilities of cinematic excellence,” said DGA president Lesli Linka Glatter. “I am thrilled to congratulate all our nominated directors for their brilliant work, which is visionary, inspirational and speaks to the depth of the human experience. To be chosen by one’s peers is the true marker of outstanding directorial achievement and what makes these nominations so very special.”
The winners will be announced at the 77th Annual DGA Awards on Saturday, February 8.
Here’s a fuller rundown of the nominees in both DGA Award categories:
THEATRICAL FEATURE FILM
Outstanding Directorial Achievement in Theatrical Feature Film for 2024 (in alphabetical order):
JACQUES AUDIARD
Emilia Pérez
(Netflix)
SEAN... Read More