February 11, 2009 2:29 PM
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Will "Dark Knight" Be Biggest Draw, Ever?
(CBS/ AP)
Ever since its debut four weeks ago, "Batman -- The Dark Knight" has ruled the box office roost.
It's already the third-highest grossing movie ever, behind "Star Wars" and "Titanic."
Will the Batman sequel ever overtake those two blockbusters?
On The Early Show Monday, Media By Numbers president Paul Dergarabedian sized up its prospects.
"Titanic" earned $600.8 million domestically a decade ago. "It took several months to get there, but did it," Dergarabedian observed. "That has been a record that has stood the test of time. (For) ten years, it's held onto that record."
"Dark Knight" has been taking no prisoners, he pointed out, "knocking off every other record: fastest sprint to 200 million, 300 million, 400 million in just 24 days.
"This film is now up to $441.5 million. Probably, by the end of the week, it'll beat 'Star Wars,' which is at 461, to become the second-highest grossing movie all-time -- in less than a month. That's really amazing.
"Will it beat 'Titanic?' I don't think so. I think it'll ultimately be at somewhere around $520 million domestically. (That's) still amazing, and to do it this fast, I've never seen anything like it."
However, experts note that the numbers reflect today's higher admission prices, and "The Dark Knight" doesn't appear to be on course to approach "Star Wars" or "Titanic" in terms of actual number of tickets sold. Taking inflation into account, "The Dark Knight" would need to pull in about $900 million to match the number of tickets sold for "Titanic" and about $1.2 billion to equal "Star Wars."
What's behind the success of "The Dark Knight," beyond it being, simply put, a good movie?
People seeing it more than once is "a big part of it," Dergarabedian said. "The repeat business. And it's become a cultural phenomenon. That made 'Titanic' such a huge hit back in 1997 and '98 when it was playing for all those months. And Dark Knight, with (the late) Heath Ledger's performance, it's kind of a legendary performance, it's shrouded in mystique, and that is really getting people talking, and they're going back to see it over and over again to relive that performance by Heath Ledger."
"Dark Knight" is "transcending" its genre, Dergarabedian says: "The comic book genre is not for everyone, or superhero movies. But this movie is transcending the genre. It's a great crime epic. So, I'm encouraging people who aren't really into this kind of movie to go out and see it because it's so great. Although, by this point probably everyone's seen its, it seems like."
Studio execs' revised expectations seem to fall in line with Dergarabedian's.
"The Dark Knight" has far outdone initial projections. Dan Fellman, head of distribution for Warner Bros., says he would've been happy if the movie simply exceeded the $205 million domestic total of its predecessor, "Batman Begins." But it should top out at $510 million to $520 million, Fellman says.
It's already the third-highest grossing movie ever, behind "Star Wars" and "Titanic."
Will the Batman sequel ever overtake those two blockbusters?
On The Early Show Monday, Media By Numbers president Paul Dergarabedian sized up its prospects.
"Titanic" earned $600.8 million domestically a decade ago. "It took several months to get there, but did it," Dergarabedian observed. "That has been a record that has stood the test of time. (For) ten years, it's held onto that record."
"Dark Knight" has been taking no prisoners, he pointed out, "knocking off every other record: fastest sprint to 200 million, 300 million, 400 million in just 24 days.
"This film is now up to $441.5 million. Probably, by the end of the week, it'll beat 'Star Wars,' which is at 461, to become the second-highest grossing movie all-time -- in less than a month. That's really amazing.
"Will it beat 'Titanic?' I don't think so. I think it'll ultimately be at somewhere around $520 million domestically. (That's) still amazing, and to do it this fast, I've never seen anything like it."
However, experts note that the numbers reflect today's higher admission prices, and "The Dark Knight" doesn't appear to be on course to approach "Star Wars" or "Titanic" in terms of actual number of tickets sold. Taking inflation into account, "The Dark Knight" would need to pull in about $900 million to match the number of tickets sold for "Titanic" and about $1.2 billion to equal "Star Wars."
What's behind the success of "The Dark Knight," beyond it being, simply put, a good movie?
People seeing it more than once is "a big part of it," Dergarabedian said. "The repeat business. And it's become a cultural phenomenon. That made 'Titanic' such a huge hit back in 1997 and '98 when it was playing for all those months. And Dark Knight, with (the late) Heath Ledger's performance, it's kind of a legendary performance, it's shrouded in mystique, and that is really getting people talking, and they're going back to see it over and over again to relive that performance by Heath Ledger."
"Dark Knight" is "transcending" its genre, Dergarabedian says: "The comic book genre is not for everyone, or superhero movies. But this movie is transcending the genre. It's a great crime epic. So, I'm encouraging people who aren't really into this kind of movie to go out and see it because it's so great. Although, by this point probably everyone's seen its, it seems like."
Studio execs' revised expectations seem to fall in line with Dergarabedian's.
"The Dark Knight" has far outdone initial projections. Dan Fellman, head of distribution for Warner Bros., says he would've been happy if the movie simply exceeded the $205 million domestic total of its predecessor, "Batman Begins." But it should top out at $510 million to $520 million, Fellman says.
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