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October 2001
©Blackflix.com™
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TOP 5 U.S.
DISTRIBUTORS

   As of the end ofMay the current top five domestic distributors of 2001 are as follows:

1.) UNIVERSAL (INCL. FOCUS)
Grossed: $834,930,818
13.49%

2.) PARAMOUNT (INCL. CLASSICS)
Grossed: $725,087,691
11.72%

3.) 20TH CENTURY FOX (EXCL. SEARCHLIGHT)
Grossed: $655,904,407
10.60%

4.) WARNER BROS.
Grossed: $648,420,151
10.48%

5.) BUENA VISTA
Grossed: $612,945,397
9.90%


NEW LINE DEALS WITH URBAN

Urban Entertainment has signed a multiyear first look deal with New Line Cinema. As part of the bargain, Urban has acquired financing from New Line's owner AOL Time Warner. The 3-year-old Urban, headed by CEO Michael Jenkinson and president Damon Lee, will continue to be based at its Beverly Hills offices. Urban is currently developing the Warner Bros. feature "Those Who Walk in Darkness," based on the John Ridley novel of the same name.




ALL-TIME TOP 10 SEPTEMBER OPENERS

RUSH HOUR
9/21/98
2638 mil.

DOUBLE JEOPARDY
9/27/99
2547 mil.

REMEMBER THE TITANS
10/2/0
1865 mil.

BLUE STREAK
9/20/99
2735 mil.

FIRST WIVES CLUB, THE
9/24/96
1922 mil.

STIGMATA
9/13/99
2899 mil.

IN AND OUT
9/22/97
1992 mil.

GAME, THE
9/15/97
2403 mil.

SEVEN
9/25/95
2441 mil.

JEEPERS CREEPERS
9/4/1
2944 mil.


FORREST LANDS NEW DEAL WITH FOX

Forrest Whitaker and his Spirit Dance production company have signed a two year, first look directing and producing deal with Fox 2000. Spirit Dance had an earlier first-look deal with USA Films but the deal expired in June. Under the deal with Fox 2000, Spirit Dance will continue to operate from its Hollywood offices, and Whitaker will produce through Spirit Dance, the feature "The Bow Wow Club" for Fox Searchlight Pictures, another unit at the studio. Whitaker has already directed such 20th Century Fox releases as "Waiting to Exhale" starring Whitney Houston and Angela Bassett and "Hope Floats" starring Sandra Bullock and Harry Connick Jr.




PEARL HARBOR TOP GROSSING FILM WORLDWIDE

Disney announced that Pearl Harbor has taken in a total of $430 million in ticket sales worldwide, making it the top-grossing film of the year. But several analysts have suggested the film's enormous budget, estimated at $145 million, plus huge merchandising and advertising outlays, are not likely to be recovered once all the exhibitors have been paid off. Disney Motion Pictures Group chairman Dick Cook said that the box-office result "is a great accomplishment by any measure."


INDUSTRY STOCKS TAKE A DIVE

The entertainment industry felt the repercussions of the New York attack as stocks of several media companies experienced double-digit downturns: Disney, fell 18 percent; AOL Time Warner, 13 percent; News Corp (U.S. depositary) 14 percent; and Viacom (Class B), 13 percent. Smaller companies experienced similar downturns: Gemstar/TV Guide fell 25 percent; Barry Diller's USA Networks, 20 percent; Liberty Media, 16 percent; Hughes Electronics, operator of DirecTV, 13 percent; EchoStar Communications, operator of the DISH network, 11 percent. Each company posted 52-week lows. The companies' earnings are also expecting losses from their broadcast units since commercial income is down amid the aftermath of the New York disaster as advertisers try to adapt to the nation's current sensitivities.


SEQUELS SET SUMMER RECORD

The industry set a new record for the summer, according to box-office tracker Exhibitor Relations, thanks in large measure to a successful series of sequels. The $2.95-billion total was 6 percent higher than last summer's, even though actual admissions were fewer than last summer. "You'd still have to call this a very successful summer, given the number of tremendous opening grosses and the number of films that exceeded $100 million," Exhibitor Relations chief Paul Dergarabedian told the New York Daily News. Five of the top 10 movies were sequels: The Mummy Returns,Rush Hour 2, Jurassic Park II, American Pie 2, and Dr. Dolittle 2. Also, Planet of the Apes was a "reimagining" of an original film. The biggest winner this summer was DreamWorks Shrek, which has earned more than $260 million.