Indie market bounces back with "Twilight" and "King's Speech"
SUMMIT
"The Twilight Saga: Breaking Dawn -- Part 1" powered the studio's slate, grossing a bloody good $658.4 million worldwide -- and counting -- on a $110 million budget. The finale to the sex and blood sucking series hits next summer, at which point the studio will be hard-pressed to find an equally profitable series of projects to replace it.
After all, that film accounted for more than 50 percent of Summit's $1 billion worldwide gross.
The rest of Summit's slate was something of a mixed bag. Cancer comedy "50/50" rode strong reviews to a $34.9 million domestic gross while "The Three Musketeers" deflected critical knocks to rack up $139 million worldwide. Also performing solidly was the mind-bending thriller "Source Code," which generated $146.7 million globally on a $32 million budget.
However, Nicolas Cage's "Drive Angry 3D" grossed a meager $10.7 million on a $9 million budget, and Mel Gibson's "The Beaver" couldn't overcome its star's controversial public image to bank a dreadful $8.7 million on a $21 million budget.
Maybe it's time to start plotting "The Twilight Saga: The Early Years."
Read the complete article HERE
Via Twilightish
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