Home Movies “Pacific Rim”: Financier Leaves Warner Bros. As Studio Braces For Next Big...

“After Earth.” “White House Down.” “The Lone Ranger.” “The Internship.” It hasn’t been a great summer in the US for big studio tentpole movies. Four flops right there. And now a fifth may be on the way. Despite good reviews and a high (85%) rating from critics on RottenTomatoes.com, “Pacific Rim” is not looking so good for the box office this weekend.

Tracking hasn’t been so good, confined mostly to fan boys who want to see Guillermo del Toro’s new endeavor. The sci- fi sort of neo- “Iron Man” flick has no stars per se in its cast, just affable Charlie Hunnam from TV’s “Sons of Anarchy.”

On top of that, Legendary Pictures, run by Thomas Tull, a major financier for Warner Bros. with Batman and Superman movies, is leaving for Universal Pictures ASAP. Legendary has had hits and big misses, like the recent “Jack the Giant Slayer.” “Pacific Rim” could be a parting stink bomb for Warner’s.

Tull specializes in roll of the dice, $200 million movies. They either hit home runs, or blow up like a skyscraper demolition. “Pacific Rim,” of course, could surprise everyone a la “World War Z.” That movie had bad buzz, turned out to be very good, and became a huge success. But I’ve been hearing that audiences are not so keen on “Pacific Rim,” despite the reviews. And it doesn’t have Brad Pitt, or his tireless campaigning.

Stay tuned…

Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. He wrote the Intelligencer column for NY Magazine in the mid 90s, reporting on the OJ Simpson trial, as well as for the real Parade magazine (when it was owned by Conde Nast), and has written for the New York Observer, Details, Vogue, Spin, the New York Times, NY Post, Washington Post, and NY Daily News among many publications. He is the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.
1 reply to this post
  1. This article make it look like if Legendary were leaving to avoid getting hurt, but it’s the other way around. Legendary has the biggest stake at the movie, 75% was financed by them and only 25% was WB who weren’t propmoting PR as actively as they were propmoting Man of Steel, and that might propelled their decision.

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