Word: warner
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...that boffo grosses come cheap. The Los Angeles Times points out that Half-Blood Prince cost nearly $400 million to make and market. And the studio, Warner Bros., has to share the HP6 revenue with the theaters showing it. But then comes the real money, from DVD and other home-entertainment streams. Everyone connected with the Potter franchise will get very rich; it's the potion that keeps on producing. (See pictures of Daniel Radcliffe...
...Friday and Saturday grosses, then add each studio's educated guess as to how its movie is likely to do on Sunday. Sometimes those guesses are wrong. A month ago, Up was declared the weekend winner over The Hangover, but the Vegas comedy lured more customers than Warner Bros. had expected, and on Monday The Hangover proved...
...Tuesday, Obama himself sounded almost resigned that taxing health benefits is now front and center in the health-care debate. "This is something that's going to be debated in the House and the Senate," he told the Virginia audience. "[Virginia Senator] Mark Warner is going to have to weigh in on it. We're all going to have to weigh in on it." The President says he still wouldn't go as far as McCain proposed and completely eliminate the current exclusion on taxation of employer-provided health benefits. (McCain would have offset that with a tax credit...
Earlier this week, treasury secretary Tim Geithner sat down with TIME managing editor Rick Stengel at an economic summit hosted by Time Warner in New York City to discuss the outlook for the economy and President Obama's overhaul of the financial regulatory system. Later, the Secretary answered additional questions about the new financial rules and regulations. Some excerpts...
...first weekend, The Hangover hit the $100 million mark in domestic gross in only eight days, out-sprinting last year's Sex and the City by a day. What happens in Vegas, apparently, goes everywhere fast. And here's one more stat that should tickle the bosses at Warner Bros.: The Hangover's budget was about $35 million - less than a fifth of the Pixar film...