As we mentioned in our previous post on PGA and SAG, there may be some shifting momentum in the Best Picture race. In fact, in the last few days, betting markets have begun to favor Argo for Best Picture over Lincoln. Interestingly, the markets have been fluctuating significantly. Following its win at PGA, Argo was up but still below Lincoln. Following SAG on Sunday, Argo skyrocketed. But by Monday morning, Argo was back down to levels below Lincoln, near where it was post-PGA and pre-SAG. In the last 24 hours, however, Argo has again begun to gain.
This indicates that the underlying dynamics of this race remain in flux. Sentiment continues to change and evolve. And, we’ll have yet another data-point come this weekend’s Directors Guild of America (“DGA”) Awards. Should Affleck win over Spielberg, we would expect the Argo momentum in the read more
A studio is a lot like the CIA Situation Room in Zero Dark Thirty. No one can never be 100% certain of Box Office projections. You have Sony’s Michael Lynton at the head of the table asking what his movie will produce next weekend at the Box Office. Amy Pascal says that she thinks the film could do $20 million, with a 60% probability. Jeff Blake says that when he spends $X million in marketing, it should do $20 million…with 65% probability. Kathryn Bigalow and Mark Boal say it’ll do $25 million, with 100% probability…well 95% probability, because they know certainty freaks everyone out. Really, the process of projecting Box Office and the corresponding implications for a film’s Ultimates (the total revenue stream of a film in all of its distribution windows), as well as the impact for a film on a studio’s slate could benefit from the read more
We are marching towards February 24th. And this weekend marked a critical juncture: the Producers Guild of America Awards and the SAG AFTRA Awards were each held this weekend, providing us important new data points for the model. And, it was some unexpected and exciting news.
On Saturday night, at the Producers Guild of America (“PGA”) Awards, Argo took home the top award. As we have mentioned before, PGA is one of the best indicators of the likely winner of the Oscar for Best Picture. But, as we have mentioned before, it is rare that a film wins Best Picture when the Director is not also nominated for Best Director. Recall, Argo’s Director (Ben Affleck) was not nominated for Best Director. Thus, we have a few signals that seem to conflict. This type of situation happens all the time in business planning, so we’re thankful that the PGA is giving read more
Rotten Tomatoes has two parallel ratings systems: one critic driven and one audience driven. The critics contribute to the Critics Score, called the Tomatometer®; the user-driven score is called, inventively, the Audience Score. Each is a percentage of the reviewers that had a positive rating of the movie. For the Audience Score, a positive review is one with 3.5 stars or greater; for the critics, a positive review is a thumbs up (or equivalent).
There are also other meta-scores that Rotten Tomatoes provides: the Critics Rating and the Audience Rating. These measure the aggregate read more
For those newbies to the film world, Sundance is a film festival, just like Cannes in France, Tribecca in New York, or Toronto International in Tor…you get the drift. Festivals are intended to be a read more
After reading the press yesterday, our vote for Best Actress would have to be for Lennay Kekua who stars in “The Manti Te’o Story”. Alas she is not in the running – probably because she does not exist. Instead, we are left with a woman playing slightly unstable and a woman who is a spook with the CIA. Wait…that sounds a lot like whoever this Lennay Kekua woman actually may be. The Best Actress race, like the Best Actor race, is largely down to two: Jennifer Lawrence and Jessica Chastain. Both of these young beauties are accomplished actors. Even beyond these two frontrunners, this category is rich with interesting nominees and stories, including the youngest and oldest nominees in Best Actress category in Oscar history.
Leading Ladies – Nominee Analysis:
Jennifer Lawrence, Silver Linings Playbook
It was only two years ago that read more
It is almost as easy to predict the Oscars as it is to predict what the pundits will say. ”The HFPA favors musicals” will be their response to the wins of Anne Hathaway, Hugh Jackman and Les Miserables for Best Picture – Musical. “The HFPA adores Tarantino” will justify Christoph Waltz and Django Unchained for Best Screenplay. The morning of the Globes, Steve Pond’s preview in Wrap.com was titled “Credibility Is Overrated”, and Deadline hosted a funny and biting, “Live Snarking”. Regardless, the Globes are a data point worthy of consideration, not totally irrelevant noise. There are signals in this event, particularly because it is so early in the season. Keep in mind The Globes impact is two-fold: first, it could have some predictive correlation to the Oscar race itself, albeit small; second, it may drive changes in the betting markets. Intrade has read more
It was another awesome night at the Beverly Hilton Hotel for the 70th Annual Golden Globes. As predicted (and as usual), by 10PM Eastern, a handful of stars were a little buzzed. But, that only makes this particular show more endearing. We are currently updating the Oscar Model to reflect last night’s wins, but we are already prepared to give some color commentary. And, we’ll start by saying that we wish were as funny as Amy Poehler and Tina Fey. These two hosts set a high bar for the rest of Awards Season.