Film

Disney's Tron: Ares crashes with underwhelming debut

Disney's Tron: Ares opened to a paltry US$33.5 million (A$51.47 million) domestically over the weekend, falling short of analyst expectations of $40-50 million. The sci-fi sequel captured the top spot but delivered half the inflation-adjusted opening of 2010's Tron: Legacy, which debuted to $44 million - equivalent to roughly $65 million today. That's a significant decline for a film carrying a $180 million production budget before marketing costs. Friday's $14.3 million haul, including $4.8 million in previews, pushed projections down from the initial $40-$50 million range.Global opening reaches just $60.5 millionGlobally, the Joachim Rønning-directed film reached $60.5 million through Sunday, with $27 million from international territories. Premium large format screens - Imax, Dolby and 3D - accounted for 67% of ticket sales. China opens on 17 October, which could provide some upside. Latin American markets showed promise, with both Brazil and Mexico opening ahead of Tron: Legacy and last year's Alien: Romulus. But with box office revenue typically split 50-50 between studios and cinema operators, Tron: Ares requires roughly $360 million globally to break even theatrically. The film received a B+ CinemaSc

Sydney poised for a possible second film studio

A second film studio could come to Sydney as part of a multimillion-dollar funding boost. The New South Wales government confirmed $380 million in the 24 June Budget will go towards both the film and digital games sector. This investment will include $100 million towards selecting a location site for an upcoming film studio alongside industry partnerships. The only film studio in NSW is in Moore Park, operated by Disney Studios Australia. This studio has shot Mad Max Furiosa, The Fall Guy, and I Know What You Did Last Summer, among others. Speaking to press on Sunday, Minister for the Arts John Graham confirmed that Oran Park in Sydney was one of several possible locations suggested, which would mark the second studio for the city.

Do book-to-film adaptations outshine original films?

While ticket prices rise and fewer people visit the cinema, one thing rings true: book-to-film adaptations do better at the box office. A 2018 study found that film adaptations of books earn 53% more than original screenplays worldwide. RMIT associate professor in cinema studies, Stephen Gaunson, told Azzet that Australian book-to-film adaptations typically make 20% to 30% more at the box office. Despite this, the Australian adaptation industry is still in its infancy, with attitudes towards them only changing locally in recent years.Why adapt books?Gaunson says studios opt for adaptations because they have a built-in audience. “If audiences read the book and they think it looks pretty good, they're probably more likely to actually go out and see the film,” he says. An example of an Australian-based film that Gaunson says benefited from the name of the book was The Dressmaker (2015). He says marketing the film alongside the book gave it more success, with the film becoming the biggest grossing Australian film in 2015-16 with a box office gross of A$20,271,661. “The Dressmaker was very much an event film,” Gaunson says. “If you look at the advertising at the time, there were cinemas that were really promoting i

Amazon acquires creative control of James Bond films

Amazon MGM Studios struck a deal with Michael G. Wilson and Barbara Broccoli to house James Bond intellectual property rights. According to Deadline, the deal where Amazon would get full creative control over 007’s franchise was around US$1 billion. “Since his theatrical introduction over 60 years ago, James Bond has been one of the most iconic characters in filmed entertainment,” Prime Video and Amazon MGM Studios head, Mike Hopkins said. “We are honoured to continue this treasured heritage, and look forward to ushering in the next phase of the legendary 007 for audiences around the world.” Amazon acquired MGM, including a catalogue of more than 4,000 films and 17,000 TV shows, in 2022 for $8.25 billion. The deal gave Amazon the rights to distribute the James Bond films and with this new transaction, they will be given greater control over the film series’s legacy. The new partnership possibly hints at Amazon MGM gearing up to announce and new Bond film and since Daniel Craig announced that he would not be appearing in a fifth Bond film, the studio will have to find an eighth actor to carry on the legacy. Amazon founder and executive chairman, Jeff Bezos took to X to stir excitement about the new venture. “Wh