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Movies for older crowd are not that crowded
4/24/09 - Pricey,
star-driven thrillers and dramas will struggle for profitability, while a trend
toward youth-dominated offerings intensifies.
That's the prediction after last weekend's soft opening for "State of Play," the
latest in a series of misfires by adult-oriented releases. The thriller starring
Russell Crowe rang up just $14.1 million in its first weekend, meaning the $60
million production must overperform dramatically overseas to break even.
The picture's travails reflect a rude awakening in Hollywood: Older demographics
may be resisting the recent enthusiasm for moviegoing. Certainly it has been
months since anything has caught fire at the art houses. And the ill-fated
outings of the studios' highest-profile adult fare has stirred the most concern.
"Not as many adults are going to the movies because of the recession," a studio
executive said. "More and more, it's the kids who come out and support the
pictures over opening weekend and not as much the older adults."
The good news is that tickets are pacing ahead of last year's sales by a healthy
single-digit percentage, and box-office numbers are up by a double-digit margin
on a calendar-year basis. In fact, the market has been so robust it can produce
even the odd adult-driven success: "Taken" - produced for less than $30 million
- has rung up $218 million at the box office worldwide since its January debut.
"The success of 'Taken' has a lot to do with the audience rooting so hard for
Liam Neeson to find his daughter in the picture," Fox distribution president
Bruce Snyder said. "The audience involvement is great. That personal involvement
doesn't happen often with these kind of movies. It's more common in the younger
movies, but that emotional note is important to hit."
Clint Eastwood hit big last year with his older-skewing "Gran Torino," a
neighborhood-vigilante tale of personal redemption. Like the avenging-father
thriller "Taken," "Torino" was a crowd-pleaser with emotional wallop. The
picture grossed $237 million worldwide.
Marketing also figures prominently in any success or failure at the box office.
"Adults are a harder audience to motivate, and the problem with some adult
movies is compounded by their not being high-concept films that you can boil
down to 30-second spots," a top studio executive said.
A succession of adult-oriented laggards has been noticeable for at least six
months.
More recently, Universal absorbed a bottom-line hit with its recent Julia
Roberts-Clive Owen movie "Duplicity." The film took in a mere $39 million in the
U.S. through five weekends, and it's unlikely to get much help overseas. Warner
Bros. registered a similar sum with the thriller "Body of Lies" - an October
opener starring Crowe and Leonardo DiCaprio that overperformed only modestly
overseas. And Sony's political thriller "The International," debuting over
Valentine's Day, raked in less than $50 million worldwide.
With films like "State of Play," critical praise is nice but goes only so far.
If the kids don't take notice, then it's fingers-crossed for a successful DVD
release to stanch some of the inevitable red ink - though adult thrillers also
have been a tough sell on disc.
The worrisome trend is likely to put additional pressure on studios to rein in
production costs on adult-skewing films where possible, including talent deals.
"If these things were made for a reasonable cost, it wouldn't be a problem," a
studio executive said.
"Not a lot of them break through," another top distribution executive said.
"With an R-rating you're playing to an older audience, and the subject matter
has to be something besides politics. People at the moment are kind of fed up
with that stuff."