Jake Gyllenhaal, Prince of Persia: The Sands of Time (top); Nicolas Cage, Jay Baruchel, The Sorcerer's Apprentice (bottom)
Confessions of a Shopaholic, G-Force, Prince of Persia: The Sands of Time, and now The Sorcerer's Apprentice have all underperformed in the U.S. and Canada despite sizable production and marketing budgets.
Apprentice, with a $160m-$170 million production budget and another $50 million spent on marketing, took in less than $25 million in its first five days out. As DiOrio points out in his piece, unless the Jon Turteltaub-Nicolas Cage effort performs incredibly well abroad it will end up losing distributor Disney tens of million of dollars.
Also, although it's true that G-Force and especially Prince of Persia did well overseas, neither big-budget release was able to cover its production costs (not including marketing/distribution expenses) at the box office alone.
Bruckheimer is currently stationed at Disney, but it's unclear how much longer he'll remain there. In case he does stay around, the veteran producer of mostly loud, mindless, formulaic fare will likely have less leeway in his future projects.
Bruckheimer has been working on the fourth Pirates of the Caribbean movie, which should come out in May 2011. Starring Johnny Depp, the Pirates of the Caribbean has grossed $2.75 billion worldwide.
Best quote found in the article:
“A lot of these guys get too caught up in formulas, and they just keep making the same film over and over again” – uttered by a “highly placed industryite.”
Photos: Bruckheimer / Disney Enterprises
Back in January 2010, Brad Pitt, 46, and Angelina Jolie, 35, were the victims of the News Corp.-owned British tabloid News of the World (which world remains unclear). The tabloid published the “news” that the Hollywood couple were legally separating and were in the process of negotiating the split of their millions and the custody of their many children.
Since the tabloid refused to retract its “false and intrusive” claims and to offer an apology, Pitt and Jolie sued. An undisclosed settlement was reached at London's High Court, reports the BBC.
Brad Pitt will next be seen in Terrence Malick's The Tree of Life. Angelina Jolie's next release is Phillip Noyce's Salt, which opens on Friday. Both Pitt and Jolie are well-known for their liberal and humanitarian views.
Rupert Murdoch's News Corp. also owns Fox News, among other television channels and publications.
Photo: Salt (Andrew Schwartz / Columbia Pictures)