Iron Man and Disney Have a Very Good Weekend
It looks as though Walt Disney Co.'s (NYSE: DIS) "Iron Man 3″ could save the summer box office yield all by itself. Like several popular serial movie franchises, each installment tops the next. Theater owners, along with Disney shareholders, already must be anticipating "Iron Man 4."
USA Today reports on the "Iron Man 3″ opening weekend:
"The terrible run of 2013 releases ended" this weekend, says David Mumpower of Boxofficeprophets.com. "Iron Man 3 behaved like a box-office black hole, mercilessly devouring the other films."
Critics and fans wolfed down the superhero story. About 78% of critics recommended the movie, while 83% of moviegoers liked it, according to pollsters RottenTomatoes.com.
Internationally, the film has been a hit for weeks, and IM3′s worldwide haul rose to $680.1 million. IMAX reported a record haul as well, collecting $16.5 million domestically and $13 million internationally.
Disney shares are up fractionally in premarket trading to $65.05, a new 52-week high if it holds. The 52-week range is $42.84 to $64.85.
Filed under: 24/7 Wall St. Wire, Entertainment Tagged: DIS, featured