At Summer's End, Hollywood Counts the Money


After the orgy end, the hard work begins. There are vomitoriums to be scrubbed and receipts for Transformers 2 to be counted. The summer belonged to Michael Bay and Megan Fox, but this week belongs to the accountants.

• For the second year in a row, Paramount and Warner Brothers led the summer box office derby, fueled by Transformers 2 and Star Trek for Paramount and Harry Potter and The Hangover for Warners. Universal landed at the bottom of the heap with a string of disappointments including Bruno, Land of the Lost and Funny People. Variety cautions, however, "Market share and profitability don't necessarily go hand in hand, since market share doesn't account for how much a studio has spent on production and marketing." Meaning just because they took in a fortune, doesn't meed they made a dime. [Variety]

• The Hollywood Reporter credits this year's four percent uptick in receipts to the higher ticket prices Hollywood conned America into paying for 3-D movies. [Hollywood Reporter]

• A tepid last weekend of the summer box office race was again won by last weekend's winner, Final Destination 3-D which took the crown with a paltry 15.4 million. To no one's shock, this weekend's releases Gamer and All About Steve both failed to catch fire. [Box Office Mojo]

• The Telluride Festival closed with strong reviews for at least a pair of films. Last year, the festival first brought Slumdog Millionaire to the world. This year, Jason Reitman's Up In the Air and Tolstoy biopic The Last Station won strong reviews. [Variety]