For the week ending April 18th, THE MATRIX, a special effects heavy action film, finished second in the US box office race and grossed an estimated $18.1 million to bring its cumulative gross to $99.1 million.
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THE MATRIX, the special effects driven science-fiction adventure, remained No. 1 at the US box office for the week ending April 11, with a weekend gross of $22.2 million, and a cumulative gross of $50 million. It slipped only 20% from last week.
The Matrix, a new futuristic, action movie that stars Keanu Reeves andfeatures state of the art visual effects, took first place at the theweekend box office, grossing $27.6 million for the biggest opening weekendthis year, industry estimates showed Sunday.
Doug's 1st Movie, the Disney released animated feature based on the hit TVshow, finished eighth, grossing $3.1 million during its first week inrelease. The movie was based on a TV show, formerly of Nickelodeon, now
Paramount's THE RUGRATS MOVIE has crossed the $100 million milestone at the North American box office. This makes it the first animated non-Disney film to achieve this mark. As of March 22, the domestic box office total for the film is $100,130,568. . . . Warner Bros. THE KING AND I, produced by Rich Animation, opened in North America this past weekend in 2352 theaters with a lackluster total of $4,007,565 million.
Disney/Pixar's A BUG'S LIFE has passed $150 million in the overseas box office and $310 million worldwide making it the 11th highest-grossing animated feature of all time. The top ten spots are all held by Disney films. The film has been released in 26 countries so far and has been in the top ten consistently in most countries including Germany ($15 million), Italy ($5.5 million), Spain ($10.2 million), Sweden ($3.5 million), and Taiwan ($3 million). In the United Kingdom, the film set a new record for the highest animated opening, and the eighth largest opening ever.
After two weekends at No. 1, "A Bug's Life" slipped to second with $11 million for the Friday-to-Sunday period due to a strong opening for "Star Trek: Insurrection," the ninth entry in the consistently profitable sci-fi franchise. Warner Bros.' effects-laden film "Jack Frost" had an acceptable but underwhelming $7 million opening. Paramount's "The Rugrats Movie" continued to attract little tykes taking fifth place with $4.5 million. "A Bug's Life" has now grossed a total of $83.3 million in 24 days of release while "The Rugrats Movie" has brought in $73.2 million in the same amount of time.
Animated films played a very big role at this weekend's box office whichsaw strong performances from three animated features. After eight weeks,"ANTZ" remained in the Top 10 at No. 9 pulling in $2.3 million. "A Bug'sLife" was impressive in its one-theater debut in Hollywood, California'shistoric El Capitan theater grossing an amazing $291,000 during theweekend. This opening set house records at the El Capitan according tosources at Buena Vista. The biggest story this weekend though was
After six weeks of US release, Dreamworks/PDIs computer-animated bug pic Antz saw a rare 20% boost in box office business this weekend placing fifth. Despite losing 300 screens and new competition for the family crowd from the re-release of The Wizard of Oz, the film grossed an estimated $5.4 million in 2,604 theaters bringing the films cume to $74.8 million.
Silicon Graphics, Inc. has reported negative first quarter results for the 1999 fiscal year. The company announced a net loss of $44 million, or $0.24 per share, compared with a net loss of $56 million in the same quarter a year ago. "Reporting a loss is never satisfying, but I am very encouraged with the progress demonstrated in this quarter's results," said Richard Belluzzo, CEO and chairman of SGI.
Pixar, the company behind "Toy Story," posted a third quarter net profit of $2.5 million, or $0.02 per share, down from a third quarter profit of $5.3 million last year. The positive profits however did surprise financial analysts who had forecasted a third quarter loss of $0.02 for the third quarter. The upcoming release of "A Bug's Life" is expected to help further rejuvenate Pixar's revenues.
DreamWorks Pictures and PDI's computer animated feature film, "Antz" grossed just over $8 million this past week, bringing its totals to date to just under $62 million. The third place finish represented a drop of 27% from last week, but was less than a million dollars behind first place finisher "Pleasantville". The film is currently running in 2929 theatres nationwide. If its current pace continues, by next week, the film will surpass Paramount's "Beavis and Butthead" to become the top U.S. grossing non-Disney animated film.
CINAR Films Inc. (Nasdaq: CINRF; Toronto and Montreal Exchanges; CIF.A, CIF.B) reported record financial results for the third quarter and past nine months ending August 31, 1998.
DreamWorks Pictures and PDI's computer animated feature film, "Antz" grossed $11.2 million last weekend, dropping to third place in the box office charts, following its first two weeks in the number one spot. The total cumulative box office gross to date is $51.5 million, and the film is currently running in 2903 theaters nationwide. "Antz" will make its international debut starting in New Zealand and Australia on October 29.