Hollywood pix sink Italo B.O.

Grosses were down 7.1% to $648 million

ROME — Disappointing Hollywood blockbusters are the main reason for a 7.3% drop in admissions in 2005 at the Italian box office, according to a report released on Tuesday by Italo entertainment trade org AGIS.

Grosses were down 7.1% to $648 million.

U.S. product accounted for 53% of admissions last year, down from 64% in 2004.

Among Hollywood underperformers are “Star Wars: Episode III — Revenge of the Sith,” which made a mere $10 million; “Fantastic Four,” which grossed $10.7 million; and “King Kong,” which has taken $10.2 million five weeks into its Italo release.

However, “Harry Potter and the Goblet of Fire” hauled in a hefty $23.4 million, proving lavish, effects-laden tales are still a strong draw for Italo kids and their families. The year’s top grosser was “Madagascar,” which took in $25 million.

Italian movies increased their market share by 4% to 24.8% of admissions in 2005, thanks in part to commercially viable dramas including Michele Placido’s gangster epic “Criminal Novel,” Cristina Comencini’s incest-themed “Don’t Tell” (Italy’s foreign-language Oscar entry) and Ferzan Ozpetek’s spiritual “Sacred Heart.”

Roberto Benigni’s Iraq-set comic romancer “The Tiger and the Snow” pulled in $17.5 million — less than “Pinocchio” or “Life Is Beautiful,” but still sizable.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety

Loading