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EM.TV & Merchandising has announced a profit warning for its year-end report. The German children's production and merchandising firm will miss the mark by DM475 (US$214 million) the company said. EM.TV said earnings before interest and tax will be DM50 million ($22.5 million) instead of DM525 million-600 million ($236 million-$269 million) originally thought. The company also said that their 2000 revenue will be decreased 2.7% from last year's revenue of DM1.38 billion ($621 million).

For the second straight weekend, HOW THE GRINCH STOLE CHRISTMAS has captured the top spot at the U.S. box office. With the second highest all time five-day Thanksgiving holiday cume of US$73.8 million, THE GRINCH, with primary visual effects by Digital Domain, has nabbed an amazing $137.1 million in just ten days. Therefore, director M. Night Shyamalan's follow-up to last year's sleeper hit, THE SIXTH SENSE, UNBREAKABLE had to settle for a second place debut.

At this weekend's box office, Universal's HOW THE GRINCH STOLE CHRISTMAS thieved the U.S. crown with a multi-record breaking premiere. The GRINCH grossed US$55.08 million, making it the biggest debut for star Jim Carrey and director Ron Howard, best non-holiday debut in November, biggest opening for a non-sequel and the eighth biggest weekend gross of all time. Therefore, Paramount and Nickelodeon's THE RUGRATS IN PARIS had to settle for a second place premiere. The second feature based on the wildly popular RUGRATS TV series, with animation by Klasky Csupo, grossed $22.72 million.

Sony Corp. has announced that it's cutting its initial U.K. shipment of PlayStation 2 gaming consoles from 200,000 to 165,000 units. The cut-back is due to a computer chip shortage, which also led to Sony halving its originally projected 1 million unit shipment to the U.S. Arriving in the U.S. on October 26, the next generation console made an estimated $165 million in its first 72 hours of release. In addition, PlayStation 2 has sold approximately 3.5 million units in Japan since its release there in March.

SCARY MOVIE continues to do well internationally with other thrillers and chillers claiming victories around the globe. In France, SCARY debuted in first place with a gross of $5.36 million. Down to #6, THE CELL captured $568,287, increasing its French cume to $1.78 million. CROUCHING TIGER, HIDDEN DRAGON jumped in at #7, grossing $560,303 thus elevating its French cume to $6.3 million. THE ROAD TO EL DORADO made its French premiere in eighth with a gross of $473,842. In Mexico, SCRAY MOVIE also claimed the top spot with a gross of $1.4 million, advancing its cume to $3.72 million.

By knocking the four-week box office champion MEET THE PARENTS out of the top spot, CHARLIE'S ANGELS was truly blessed at this week's U.S. box office. The 1970s TV-show remake, with primary visual effects by Flash Film Works, racked up an amazing US$40.13 million. In other debuts, DreamWorks' golf fantasy, THE LEGEND OF BAGGER VANCE, came in at #3. The links lullaby, with primary visual effects by PDI, grossed an estimated $11.52 million. Falling from fourth to land in sixth, BEDAZZLED danced in with another $4.66 million.

This past week, the international box office got a bit frightful with SCARY MOVIE, WHAT LIES BENEATH and HOLLOW MAN taking top spots around the globe. In Mexico, SCARY MOVIE debuted in first place with a gross of $2.33 million. In second, WHAT LIES scared audiences to the tune of $917,416, lifting its Mexican cume to $6.23 million. U-571 thrilled audiences in third, with a gross of $648,055, raising its Mexican cume to $1.6 million. In sixth, HOLLOW MAN made $406,055 disappear from Mexican moviegoers' pockets, advancing its cume to $5.14 million.

Cinar Corp. has signed a deal with Bahamas-based Globe-X Management to recover US$50.9 million that was invested in offshore accounts without board approval. The investments were originally to be paid by November of this year, however the new agreement has Globe-X paying out weekly installments between now and August 17, 2001. As part of the new arrangement, Cinar has dropped all legal charges made against Globe-X.

With the Robert DeNiro and Ben Stiller comedy, MEET THE PARENTS, taking the top stop for the third straight week, the new devilish comedy, BEDAZZLED, debuted in #2. The sell-your-soul side-splitter, with primary visual effects by Rhythm & Hues, seduced US$13.11 million out of U.S. moviegoers' pockets. Losing 59% at the ticket window, New Line's LOST SOULS scored only $3.24 million in seventh. The evil enchanter, with primary visual effects by Cinesite and yU + Co, has scared up $12.88 million in total in 10 days. Coming in 8th, the reissue of THE EXORCIST spun another $2.91 million.

With WHAT LIES BENEATH slowly sinking, THE X-MEN have claimed debut victories around the globe. In Spain, the mighty mutants premiered in first with a gross of US$2.02 million. In its second week in Spain, THE CELL fell to third, grossing $997,797 thus elevating its cume to $2.02 million. Dropping 46%, HOLLOW MAN placed sixth with a gross of $381,275, lifting its Spanish cume to $8.86 million. In eighth, NUTTY PROFESSOR II: THE KLUMPS fell a humongous 52%, grossing $315,201 and raising its Spanish cume to $1.65 million.

With live-action films MEET THE PARENTS and REMEMBER THE TITANS reclaiming their first and second spots respectively, the debut of New Lines LOST SOULS only managed to place third. The anti-Christ adventure, with primary visual effects by Cinesite, grossed US$7.95 million. The reissue of THE EXORCIST slipped to sixth with a gross of $5.24 million. The horror classic, with digital clean-up by Pacific Title Digital, has scared up $30.53 million thus far. When the dust cleared, ALMOST FAMOUS edged out live-action mockumentary, BEST IN SHOW, to claim ninth place, grossing $2.19 million.

Like in the U.S., WHAT LIES BENEATH is showing its legs at the international box office, while HOLLOW MAN is fading fast. In its German debut last week, WHAT LIES captured US$3.46 million. FINAL DESTINATION crashed to second, with a gross of $2.6 million, lifting its German cume to $5.01 million. LITTLE VAMPIRE in its German premiere week brought home $969,183. In fifth, THE NUTTY PROFESSOR II: THE KLUMPS gobbled up another $878,918, lifting its German cume to $1.8 million. X-MEN materialized in seventh, grossing $683,497 thus raising its German cume to $11.56 million.