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And an unsolicited bid from cable television giant Comcast Corp 1 million in revenue It was also up against "The Passion of the Christ," which led the weekend's box office returns with $17 2 million and leading some analysts to trim second-quarter earnings estimates for The Walt Disney Co " The much-hyped historical film, which cost as much as $140 million to make and market, met box office disaster during its opening weekend, pulling in only $9 70 Monday on the New York Stock Exchange "The Alamo" is unlikely to recoup its costs, even at the international box office and in DVD release, some analysts said Monday The company might also wait until the third quarter to take a writedown, hoping for a box office recovery during the next few weeks " It didn't help that "The Alamo," which opened to mixed reviews, arrived in theaters on Easter weekend, a traditionally slack time for movies " "I have no excuse Disney could write off as much as $80 million on "The Alamo" alone, in addition to a $70 million combined write down for "Home on the Range," and the Coen Brothers film, "The Ladykillers," according to Jordan Rohan, an analyst at Schwab Soundview Capital Markets " Disney officials declined comment Monday , which some analysts believe will be withdrawn soon, might be given new life if Disney continues to stumble That's bad news for Disney, which has had a string of box office disappointments this year, including its animated "Home on the Range," as well as "Hidalgo" and "Ella Enchanted Disney's 'Alamo' May Be a Losing Battle Apr 12, 4:24 PM EST Disney may want to forget "The Alamo Disney still has high hopes for such forthcoming films as the Jerry Bruckheimer epic "King Arthur" and Pixar's "The Incredibles "The Alamo," which was expected to be one of Disney's big "tentpole" releases this year, tied for third place at the box office with Fox Searchlight's "Johnson Family Vacation," which debuted in far fewer theaters and cost only about $21 million to make " But the survival of Disney chief executive Michael Eisner is predicated on the company meeting its goal of 30 percent earnings per share growth this year, as well as double digit growth through 2007 Analysts still believe the company will meet its near-term financial targets based on a recovery at its theme parks, growing profits at its ESPN cable sports network and strong DVD sales from last year's films, including the Pixar Animation Studios production "Finding Nemo Shares of the company were down 34 cents to close at $25 The Mel Gibson-produced film about Jesus Christ's last hours has earned more than $350 million since its February release Disney could write off much of the film's cost against its second quarter earnings, however, even though "The Alamo" was released during the third quarter of its fiscal year, analysts said "Now we just have to see if the movie has any legs The movie just underperformed," Disney head of distribution Chuck Viane said Sunday Sigel hopes to go home after the four-week program to finish up work on a third solo album, "The B-Coming," which had been scheduled for release this month, as well as on film and cartoon projects U Sigel, whose two solo albums have sold more than 1 million copies, missed a summer "Roc the Mic" tour with Jay-Z, Memphis Bleek and other Roc-A-Fella label stars when he was denied bond following his July 14 arrest on the federal charges "I don't see how 28 days of treatment in the life of Beanie Sigel is enough to stamp out 29 years of being Dwight Grant," Assistant U "He's going to receive treatment for drugs and alcohol as well as anger management, and I think that will help him to get a better handle on those issues," defense lawyer Fortunato N He was caught with two large bottles of cough medicine, about 50 Xanax, Percocet and other pills, and a small bag of marijuana, Philadelphia police said said But first the South Philadelphia native has a pretrial hearing in a pending attempted murder case in state court Friday Surrick plans to revisit Sigel's request for bail if he completes the program Rapper Sigel Cleared to Attend Treatment Sep 5, 10:46 AM EST Jailed rapper Beanie Sigel can attend a residential treatment program for substance abuse and anger management while awaiting his federal drug and weapons trial, a federal judge ruled S htm S rocafella At the time, he was free on bail for allegedly punching a man outside a Chinese restaurant in January, breaking his left eye socket Prosecutors called the pretrial release unusual except in cases in which mental health issues or severe drug addictions are evident Attorney Curtis Douglas argued in court against Sigel's release District Judge R â€â€?â€â€?â€â€? On the Net: http://www Perri Jr Prosecutors called Sigel a flight risk and danger to the community The federal charges stem from an April 20 traffic stop in which Sigel allegedly tossed a semiautomatic pistol from a black Cadillac Escalade Sigel's rap sheet includes nine arrests as an adult but just one conviction, for simple drug possession, and two juvenile assault convictions Barclay Surrick granted Sigel's request Thursday after the rapper, born Dwight Grant, agreed to post a $1 million bond, including $150,000 in cash, his $400,000 suburban Philadelphia home and four other properties com/beanie Sigel is charged with the near-fatal shooting of a 26-year-old man outside a West Philadelphia strip club on July 1 Neither of those cases has been resolved |
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