"Jem and the Holograms," the movie reboot of the popular late-1980s cartoon, opened in wide release October 23 and has done so poorly that Universal appears to be yanking it from theaters after only two weeks. Though a small number of theaters have the movie on their schedules, it has disappeared from most theaters, and Universal isn't reporting any box-office figures for it after last week.
This is an unheard of move for a movie that was in theaters nationwide.
"Theater chains are contractually obligated to hold a film for two weeks after booking it. However, in all my days as an analyst, I've never seen a studio actually stop reporting after two weeks," Jeff Bock, senior box-office analyst at Exhibitor Relations, told Business Insider Monday. "This is unprecedented, and shows just how badly this film flopped. Not only is it the lowest-grossing debut for a studio film this year, but it's the worst all-time — by a considerable margin — for any film released in 2,000-plus theaters."
Seeing its trailer and stuff before other films + cheap posters.. and I was shocked at what it was and why it was getting major release. And still don't know much about it. Not surprised.
Too bad. They truly disrespected the fans of the original cartoon and the cartoon itself. I almost feel bad for the actors but I don't understand how they thought this was a good career move.
Some minor lies:
Delgo was in theatres only 1 week despite being in 2,160 theatres, and made about $700k.
Oogieloves was in 2,160 theatres and made a bit over $1 mil.
Some minor lies: Delgo was in theatres only 1 week despite being in 2,160 theatres, and made about $700k. Oogieloves was in 2,160 theatres and made a bit over $1 mil.
