Jack wrote:Personally, I'm glad Disney tried out IMAX, because it carries on Walt's tradition of trying something new and striving for innovation. It's too bad that it failed, but I wouldn't call anyone at Disney crazy for taking the route, just as I woundn't call Walt crazy for the way he distributed Fantasia.
Oh sure, I'm impressed that Disney tried IMAX out, but am angry at them for presuming that their re-releases would make any large amount of money. They should have learned their lesson back in 2000, when their all-
new animated film,
Fantasia 2000, didn't break the bank in grosses. They lost a good chunk of money on that endeavor - over $100 million spent on production and marketing, and it returned a paltry $60 mil. It only earned a pathetic $8 mil when it was moved down to regular theatres after the IMAX run. Of course, that's the 4th-highest earnings for an IMAX film to date, but in comparison to overall costs... a negative net. :-/
So how do they figure that releasing
old films, with millions spent on their clean-up and minute detailing for IMAX, will earn them any more than F2K? It's an awfully expensive way of promoting dvds, in my opinion. If their goal was promotion, they could have just done a limited release run at regular ol' cinemas nationwide. But I guess they figured they'd do promotion in a grandiose way - while, ironically, limiting their audience at the same time. You won't get a lotta exposure with only 50 theatres around the country... Even a 1,000 theatre regular run is better than that.
And like Rebel said - there are plenty of people out there who would have liked to see the films, but were so far away from the nearest venue that they just don't think it's worth the travel.
Oh, and you still need to fix the numbers on that thread title, Jack.
Jake Lipson wrote:Attack of the Clones did huge business for an IMAX release and from what I hear Matrix Reloaded and Revolutions were no slouches, either.
I wouldn't call
Attack of the Clones' $8.5 million a huge haul myself - even for an IMAX release. 22nd overall,
by this list. Plus, it was a new release. And a prim-o geek film. And what did I say earlier about IMAX releases? Almost exclusively for nerds. For fanatics that would get a kick out of something as novel as seeing an old favorite on a
huge screen. Not really something that Joe Average and his family would dig, too much.
Jake Lipson wrote:In any case, WB seems to be satisfied with those returns and is picking up Disney's slack. Harry Potter and the Prisoner of Azkaban is going IMAX in June coinciding with its super-wide bow in traditional theaters, and they've also got people talking to IMAX about The Polar Express in IMAX 3-D in November 2004 and the Johnny Depp/Tim Burton Charlie and the Chocolate Factory in summer 2005.
Like you said -
coinciding with their regular release. Warner Bros. knows to treat IMAX releases as exactly what they are - a novel format. They don't do exclusive engagements or re-releases on them - they put it out as an
addition to the wide release of their biggest
new movies. And they choose films that would likely draw the most people to see it in IMAX - big sci-fi and fantasy titles. Not cartoons. Not light romantic comedies. Geek films. I'd say WB's the smarter when it comes to IMAX.
Jake Lipson wrote:With the exception of Shrek 2 and Harry Potter, the summer seems a bit slouchy on family films though. Home on the Range will be gone, Around the World in 80 Days is a Jackie Chan action movie and probably won't appeal to famalies who could just as well see HP, and Garfield looks horrible and will obviously be overshadowed by the contuing success of HP. So if Disney could roll out Aladdin maybe in mid-July after HP has died down a bit it might do well as an alternate to Spider-Man 2, King Arthur and I Robot, which really aren't going to be kids movies. Also, what do they have to loose? I think it'd be a big hit, and even if it's not, it'd make SOME money and would raise awareness for the DVD release. Considering Aladdin as a brand is otherwise dead right now, having already had its two sequels and TV show, a theatrical reissue would be a great way to reward the loyal fans and get fresh and ripe intrest going in the franchise again.
I think, though, that you're underestimating what's in the cards for this summer (or
any summer, when you think in release terms). There's such an inundation of would-be blockbusters that something as meek as a re-release of an animated film - as classic as it may be - would be nothing short of drowned. Disney would probably lose money going that route
even if they only spent a moderate amount to promote and distribute it. Believe you me -
Shrek 2, Prisoner of Azkaban, and
Spider-Man 2 will be pulling most of the family audiences this season. Other big-name summer flicks like
Troy, Terminal, and
The Village, or classic brainless pablum like
The Day After Tomorrow, Blade: Trinity, Thunderbirds, Alien vs. Predator, and
Catwoman must be considered, too. The season will simply be awash with huge "event" films vying for the public's attention - so I'd make a fair wager that
Aladdin would get nary a glance.