Word: nextly
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...bought by Paramount Pictures for just $300,000 and marketed for less than $10 million, Oren Peli's subtle scare-athon earned $22 million to become a winner in its fifth week of gradually widening release. It has now earned $62.5 million and could hit $100 million. What's next? The Inevitable. According to today's Los Angeles Times, Paramount is "actively considering producing a sequel...
...million estimated weekend total had to be a disappointment to Lionsgate, the series, sponsor. "If we end up with at least $20 million," David Spitz, the company's executive VP and general manager, told the industry blog The Wrap, "we'll be talking about Saw VII, this time next year." Oh, no - a fright season without Jigsaw luridly dismembering nubile teens? Say it ain't so! (See TIME's cover story on King of Horror Stephen King...
...keep grinding 'em out. Moreover, each of the last three entries made more than half its money in foreign markets, where Saw VI isn't going up against the no-budget specter of Paranormal. So gorenography aficionados can probably plan to don their goggles and their protective butchers, aprons next October...
...Chinese food designed for American taste buds. But with business slowing down in the U.S. due to the recession and pressure from investors to increase sales, the company is now embarking on an expansion plan to sell its flavor of Chinese fare in several emerging markets. Over the next decade, it plans to open 30 restaurants in Mexico and another 34 in the Middle East, beginning with Kuwait City in December. It is also looking at several Asian countries. (See the top 10 food trends...
...even that wasn't enough. Next month, the Irish government is set to formalize a highly controversial bailout plan in which a National Asset Management Agency (NAMA) would be created to remove the unpaid, property-linked debts from the banks' balance sheets. If approved by Parliament, which appears increasingly likely, NAMA would spend some $81 billion of taxpayer money to buy loans worth an estimated $70.5 billion at current market value. The so-called bad bank, as NAMA is sometimes called, will then manage the loans on behalf of the state for the next decade, by which time, the government...