Warner Bros’ Girl Power: Gravity, JK Rowling, and Wonder Woman
Warner Bros.’s (NYSE:TWX) upcoming lineup is setting the bar high with a powerful all-female ensemble. October saw the release of Gravity with a $55.6 million debut despite being “a fairly risky movie,” according to CEO Kevin Tsujihara at an entertainment law conference on Saturday. The sold-out event was hosted by the USC Gould School of Law and Beverly Hills Bar Association Institute on Entertainment Law and Business.
Directed by Alfonso Cuarón and starring Sandra Bullock in the title role, the 3-D space epic Gravity is a suspenseful thriller in which two astronauts are left stranded in space after their shuttle is destroyed. It ultimately broke records as the top October opening of all time, and it was the best three-day showing for Bullock and co-star George Clooney. Critics gave Gravity a 98 percent Fresh rating with 218 reviews on Rotten Tomatoes.
At the Saturday conference, Tsujihara discussed the danger of relying too much on big-budget tentpole films, saying, ”There needs to be a balance, but there’s a risk in releasing non-branded movies, especially during the summer.” Many such films were co-financed by Legendary Pictures, Thomas Tull’s behemoth of a production company. Its 2005 deal with Warner Bros. recently expired without renewal. “We had a great run with Thomas and Legendary,” Tusjihara said, citing mutual diverging interests as the reason for the split.