Thursday, June 30, 2011

'Green Lantern' Among Top 2011 Flops in US (so far)

JUNE 30, 2011 - Industry rag Hollywood Reporter has published its 10 Biggest Flops of 2011 (So Far) in America and Canada, and not surprisingly, Green Lantern is one of them.

Of the list below, some are bigger flops than others, depending upon their production budgets and marketing expenditures. The list doesn't account for how much was spent on marketing, since studios hold those figures closed to their chests, but we're talking many, many millions. The figures are in USD (US$1 = RM3).

1. MARS NEEDS MOMS

Robert Zemeckis' motion-capture pic was one of the most expensive bombs in Hollywood history, costing at least US$150 million to produce and grossing US$21.4 million at the domestic box office. Overseas, it didn't do much better, grossing US$17.6 million for a total US$39 million.

2. YOUR HIGHNESS

The raunchy comedy, set in medieval times, didn't go over well with audiences, even if it starred newly anointed Oscar winner Natalie Portman (along with James Franco and Danny McBride). Costing US$50 million to produce, the film earned US$21.6 million domestically and a paltry US$3 million overseas.

3. ARTHUR

The remake of the classic Dudley Moore comedy failed to rustle up many laughs, topping out at US$33 million domestically. Starring Russell Brand, Helen Mirren and Jennifer Garner, Arthur did even less overseas, earning US$12.7 million for a global total of US$45.7 million. The production budget was reportedly US$40 million.

4. PROM

"Prom, earning a mere US$10.1 million at the US box office, was the first movie launched by newly installed Disney chairman Rich Ross to hit theaters. It's the lowest grossing studio film of the year so far, but luckily for Ross, "Prom" cost only US$8 million to produce.

5. JUDY MOODY AND THE NOT BUMMER SUMMER

The producers of Precious were hoping to launch a new film franchise based on the popular kids book series. But the US$20 million film, distributed by Relativity Media in the U.S., has grossed just US$13.4 million to date.

6. GREEN LANTERN

Costing at least US$200 million to produce, Green Lantern needed to do a big number worldwide to be financially solid (think US$500 million plus). Now, it seems the Ryan Reynolds superhero pic will top out at roughly US$250 million or US$260 million worldwide. It didn't help that the movie was bashed by critics.

7. PRIEST

The supernatural action film, based on the Korean graphic novel, was the most expensive movie ever made by Screen Gems, costing $60 million to produce. It earned US$29.1 million Stateside, but made up some ground overseas, where it earned US$46 million.

8. SUCKER PUNCH

Zack Snyder's female action-fantasy couldn't find its groove, grossing US$36.4 million domestically and US$53.4 million overseas for a worldwide total of $89.8 million. The movie, which cost roughly US$82 million to produce, came in No. 2 on its opening weekend behind Diary of a Wimpy Kid: Rodrick Rules.

9. HOODWINKED TOO! HOOD VS. EVIL

The first "Hoodwinked!" was a sleeper hit at the worldwide box office, grossing US$51.4 million domestically and US$58.6 million internationally. The sequel, however, came and went quickly, earning only US$10 million in North America and US$3.6 million overseas. Its production budget was a reported US$30 million.

10. THE BEAVER

There was heat around actor/director Jodie Foster's high-profile movie for months, but it quickly disappeared at the American box office, grossing less than US$1 million. Many saw it as a referendum on Mel Gibson, who stars in the US$20 million film.

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