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Many movies, though, still benefit from a slow rollout distribution for 20th Century Fox, which released both "X-Men" movies movie-goers once accounted for most of a film's theatrical revenues, but with keener worldwide interest in U Universal plans quick worldwide releases for its summer movies "The Hulk" and "American Wedding," the third in the "American Pie" series " Cannes made for a glitzy global bow for the movie " "If you have a movie that appeals to everybody, that's not culturally significant only to one culture, it makes sense to start it everywhere "This is the kind of movie where you want to allow that message of quality to get out there S Overseas audiences also have taken on greater importance to Hollywood The new strategy undermines video piracy and satisfies an increasing overseas hunger for Hollywood movies The original "Matrix" opened in the United States in March 1999 and then trickled into overseas theaters over the next few months head of U By its third weekend, "The Matrix Reloaded" will be playing in more than 100 countries "We hope to open day and date, hour by hour, literally in every territory in the world, so the movie goes everywhere at the same time," the producer, Joel Silver, said Thursday before the Cannes premiere of "The Matrix Reloaded productions, some movies now earn two-thirds of their money outside of North America "X2: X-Men United" also debuted simultaneously in 95 countries this month After opening the picture in North America, Universal hopes to build gradual overseas interest in the film through this fall's awards season " The makers of "The Matrix Revolutions," the final part of the Wachowski brothers' sci-fi trilogy due out this November, want to launch the upcoming film into international release even faster than the current one Stars Keanu Reeves, Carrie-Anne Moss, Fishburne, Monica Bellucci and other cast members were the day's main attraction for celebrity-watchers at the world's most prestigious film festival "Certainly, we have had the experience in the past after films opened in the United States, DVD and VHS copies show up all over the rest of the world very quickly, and it cannibalizes our potential box office," said Dan Fellman, Warner Bros Studios say they can lose millions of dollars in revenue on a single film if audiences are able to obtain illegal videos before the movie's official release "We're going to take our time with `Seabiscuit,'" said Marc Shmuger, Universal Pictures vice chairman The speed with which entertainment news travels over the Web or on cable television has fanned that trend, leaving non-American audiences unwilling to wait weeks or months to see films already playing in the United States With their biggest franchise films, studios are learning that it pays to blanket the planet at the outset S " The traditional practice has been to establish a movie in the United States, then roll it out gradually worldwide The studio has a more measured strategy behind prestige films such as the upcoming "Seabiscuit," based on the best seller about the Depression-era racehorse "With the Internet as across-the-board as it is, information is getting out there faster and faster and faster, and movie-wise, it makes sense to keep pace," said Bruce Snyder, head of U The sequel debuted this weekend in about 20 countries, including France, where "The Matrix Reloaded" played Thursday at the Cannes Film Festival "These are global times," said Avi Arad, president of Marvel Studios, whose comic-book adaptations include the "X-Men" movies, "Spider-Man" and next month's "The Hulk S U 'Matrix Reloaded' Finds a Home at Cannes May 15, 12:03 PM EST "The matrix is everywhere," Laurence Fishburne says as Morpheus has revved up the release schedule of the last two "Matrix" movies largely out of worries that pirated DVD and videotape versions would turn up, particularly in some Asian markets, before the films could hit theaters And "The Matrix Reloaded" really IS everywhere Distributor Warner Bros Bootleggers try to obtain a print to make a video dub or simply shoot a film with a video camera directly off the movie screen S distribution The complex will be headquarters to AOL Time Warner and also house restaurants, stores and residences "It's a big vote of confidence in New York City," said Pamela Liebman, CEO of the Corcoran Group, which represents the buyer "After 9/11, we had people fleeing New York The contract price, which has not yet gone to closing, tops the sale of corporate raider Saul Steinberg's Park Avenue apartment for more than $36 million " The 12,600-square-foot property is one of 10 penthouses topping the two towers of the AOL Time Warner Center that's nearing completion at Columbus Circle, near Central Park's southwest corner With 25-foot glass walls and a wraparound terrace, the two-floor condominium offers 360-degree views of Manhattan, including Central Park and the Hudson River Manhattan Penthouse Sells for $45 Million Jul 11, 9:10 PM EST In what a real estate broker calls the costliest apartment sale ever in New York City, an unidentified British financier has agreed to pay $45 million for a Manhattan penthouse |
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