This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

'Star Trek' Falls Short of Studio's Hopes

Stocks in this article: VIA

By David Germain

LOS ANGELES (AP) -- Star Trek: Into Darkness has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations.

The latest voyage of the starship Enterprise fell short of its predecessor, 2009's Star Trek, which opened with $75.2 million.

Since premiering Wednesday in huge-screen IMAX theaters and expanding Thursday to general cinemas, Into Darkness has pulled in $84.1 million, well below distributor Paramount's (NOK) initial forecast of $100 million. The film added $40 million overseas, pushing its total to $80.5 million since it began rolling out internationally a week earlier.

The Star Trek sequel bumped Iron Man 3 down to second place after two weekends on top. Robert Downey Jr.'s superhero saga took in $35.2 million domestically to lift its receipts to $337.1 million. Overseas, Iron Man 3 added $40.2 million, raising its international total to $736.2 million and its worldwide tally to nearly $1.1 billion.

While Iron Man 3 and Into Darkness did well overseas, they were outmatched by the debut of Baz Luhrmann's The Great Gatsby, which followed its domestic debut a week earlier with a wide rollout internationally. Gatsby pulled in $42.1 million overseas, coming in a bit ahead of both Iron Man 3 and Into Darkness.

Domestically, Gatsby held up well at No. 3 with $23.4 million, lifting its total to $90.2 million.

In today's Hollywood of bigger, better sequels, follow-up films often outdo the box office of their predecessors, as each Iron Man sequel has done. While Into Darkness earned good reviews and is getting strong word-of-mouth from fans, the film did not quite measure up to the opening weekend of director J.J. Abrams' Star Trek reboot from four years ago, at least domestically.

" Star Trek remains a fan-boy movie. It doesn't seem to have the same kind of cross-over appeal as say an Iron Man or some of these others," said Paul Dergarabedian, an analyst for box-office tracker Hollywood.com. "It's a very specific brand, but I think the general public would love this movie, because it's such an action movie. But to get a hundred-million-plus opening weekend, unless you're Twilight, you really have to cross over to all audiences."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs