'Contraband' hijacks first place over MLK Day weekend

The long Martin Luther King, Jr. Day weekend was a boon to studios and exhibitors, with 2012 totals up an estimated 2-4% from last year. On Sunday, the Golden Globes provided publicity to awards darlings like The Iron Lady, The Artist, and The Descendents, all of which should see bumps next week as audiences put these films on their must-see lists.

Opening nearly as well as surprise hit Taken, Contraband earned $28.8 million over four days. The slightly male-skewing, older audience turned out for the remake of Icelandic hit Reykjavik-Rotterdam. The action pic drew praise in exit polls, with most rating the movie an A-.

In second place, the re-release of Beauty and the Beast in 3D conjured up $23.5 million in four days. The animated classic did especially well on the Monday school holiday, which was the second-highest grossing day of the weekend. Unsurprisingly, audiences rated the 1991 movie an A+.

In fourth place, Joyful Noise called out to females over 30. The Dolly Parton-Queen Latifah gospel dramedy earned a praiseful $13.7 million. That's better than the opening of Country Strong last year and on par with Queen Latifah's previous openings.

Word got out about The Devil Inside, and the horror stinker plummeted 76% over the three-day period. Since the movie cost less than $1 million, even this weekend's $9.1 million total is all gravy to the folks at Paramount.

Moving into 800 theatres, The Iron Lady skyrocketed 3,571% to $6.4 million. Meryl Streep's win for Best Actress at the Golden Globes should make this biopic rise even further next week.

Golden Globes Best Drama winner The Descendants dipped 18% to earn another $2.5 million. The Hawaii-set tale has been shedding theatres over the past several weeks (from 878 to 660), perhaps part of a more long-range distribution plan? With its second win by George Clooney for Best Actor, this Alexander Payne-directed film seems like a prime target for further expansion.

The Artist, winner of Best Comedy on Sunday night, was directly behind The Descendants with a total of $1.4 million, a slight increase from last week. This silent, black-and-white tale has done surprisingly well given the hesitations most people usually have with watching movies in such an antiquated mode.

This Friday will be a busy one. Director Steven Soderbergh's action pic Haywire will debut, along with Red Tails, which chronicles the missions of black pilots during WWII.  Underworld Awakening, the fourth in the series, will also open. Finally, 9/11 drama Extremely Loud & Incredibly Close will go from six theatres to over 2,000.

'Beauty and the Beast 3D,' 'Contraband,' and 'Joyful Noise' vie for MLK Day audiences

91% of students have Monday off for the Martin Luther King, Jr. holiday, and Hollywood wants everyone to go to the movies. Following up its successful release of The Lion King in 3D this fall, Disney will open Beauty and the Beast 3D in 2,625 theatres. "Princess" movies are seen as a harder sell, since boys aren't as interested, so that could dampen the gross of the classic animated film. With an opening in the $20 million range, Beauty and the Beast should beat out the re-release of Toy Story in 3D but fall short of The Lion King's surprise success.

Action audiences in need of an "efficient" fix can seek out Contraband (2,863 theatres). Based on an Icelandic hit, the thriller stars Mark Wahlberg as a reformed smuggler. He has to go on one last job in order to help his brother. The "fairly effective thriller," according to critic Daniel Eagan, has a "by-the-numbers plot," but "builds up just enough suspense to tide over hungry action fans until something better comes along." Forecasters predict up to $20 million for the picture.

Dolly Parton and Queen Latifah team up for Joyful Noise (2,735 theatres), which should land somewhere over or under $10 million if it effectively pulls in the country and urban followers associated with its two stars. Though it's rife with "commercial clichés," critic David Noh still couldn't help but find the gospel music-filled movie "rousing fun," helped in part by the enthusiastic writer/director Todd Graff. He reveals "a deep-grained love of music and performance." The moms in Joyful Noise's female demographic, however, may find themselves buying tickets to see Belle, Gaston, and the Beast instead.

Meryl Streep's spot-on impression of Margaret Thatcher will be seen in more theatres this weekend, as Oscar hopeful The Iron Lady expands into 802 theatres. Man on a Mission, which details Richard Garriot's $30 million trip into space, will open in one theatre. In my review, I praised the interesting story, but was frustrated with the many missed opportunities that would have made the documentary more captivating and emotionally resonant.

On Tuesday, we'll see if the four-day weekend helped attract family audiences to Beauty and the Beast 3D, and if the holiday helps pull the U.S. box office out of its slump.

Disney kills 'Newt,' postpones 'Beauty and the Beast 3D'

By Sarah Sluis

Newt has been dead for months now, but the Pixar project was officially taken off Disney's slate in an

announcement today. The movie was to center on the last two newts left on Earth, who predictably hate each other (but of course are meant for each other). It looks like the project was pushed out by the sequels of Cars and Monsters, Inc., as well as the original project The Bear and the Bow. R.I.P., Newt.

The other announcement was the indefinite postponement of the 3D re-release of Beauty and the Beast in theatres. If Disney took the pulse of the market correctly, this move could have implications for other 3D re-releases. The official word is that Beauty and the Beast would have to release in a crowded market, but there's also the possibility that Disney doesn't want to orchestrate a re-release without an upcoming tie-in or sequel to spread out marketing costs and add revenue.

By comparison, the Toy Story/Toy Story 2 3D re-release in fall 2009 made $30 million. Once you take the estimated conversion cost of $15 million per film as well as marketing costs into account, it doesn't seem as though the re-release could have made much of a profit. But because the re-release renewed interest in the Toy Story franchise and the upcoming Toy Story 3, profitability of the theatrical re-release might not have mattered in the grand scheme of things.

In order to make money off the re-release of Beauty and the Beast in 3D, Disney had planned on parents buying the exact same thing (possibly in 3D) for their Blu-rays--a much tougher task. For now, they plan to release the 20th anniversary version of Beauty and the Beast not in 3D, but 2D--despite the fact that a 3D version exists! The 3D home market is expected to take off this year, but so far movies like Clash of the Titans, which just made a huge splash on DVD and Blu-ray, have not been released in 3D. The holiday season is traditionally a time for plenty of DVD/Blu-ray releases and home electronics purchases, so this will be the season that reveals whether 3D films hit the home market--or not.

The postponement shows that Disney feels consumers aren't ready to buy 3D movies (which require newer, capable televisions as well as a Blu-ray player) and that it will be difficult to get consumers to buy tickets to an older title. For now, we'll just have to wait to see that famous ballroom dancing scene pop out on a big screen.