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Showing posts from October, 2009

'Paranormal Activity' Becomes Most Profitable Movie Ever

"Paranormal Activity" has just surpassed "The Blair Witch Project" to become the most profitable movie ever. The box office hit was made for less than $15,000 and as of Wednesday has grossed a whopping $65.1 million, TheWrap.com reported. VIEW THE PHOTOS: Celebs In Halloween Costumes The movie's box office success has reaped a staggering 414,233 percent return on its initial investment. "Paranormal" has gradually expanded from 12 to 33 to 160 to 760 to this weekend's 1,945 theaters - a move that some criticized - but one that Executive VP of Distribution for Paramount, Don Harris, credits as a key to the horror film's success. VIEW THE PHOTOS: Access' Top 10 Most Anticipated Movies Of 2010 "Everybody else thought we should be going faster than we were," he told TheWrap. "But I thought we were doing a pretty good job of seeding the ground as we went. I don't know that we would have done a lot more last weekend if we would

Leonardo fingerprint reveals $150 million artwork

TORONTO — Mona Lisa has something new to smile about. A portrait of a young woman thought to be created by a 19th century German artist and sold two years ago for about $19,000 is now being attributed by art experts to Leonardo da Vinci and valued at more than $150 million. The unsigned chalk, ink and pencil drawing, known as "La Bella Principessa," was matched to Leonardo via a technique more suited to a crime lab than an art studio — a fingerprint and palm print found on the 13 1/2-inch-by-10-inch work. Peter Paul Biro, a Montreal-based forensic art expert, said the print of an index or middle finger matched a fingerprint found on Leonardo's "St. Jerome" in the Vatican. Technical, stylistic and material composition evidence — including carbon dating — had art experts believing as early as last year that they had found another work by the creator of the "Mona Lisa." The discovery of the fingerprint has them convinced the work was by Leonardo, whose my

Fans check in for 'Couples Retreat' with $35.3M

LOS ANGELES - "Swingers" co-stars Vince Vaughn and Jon Favreau buddied up for the weekend's top movie as "Couples Retreat" debuted with $35.3 million, while the micro-budgeted fright flick "Paranormal Activity" leaped into the top 10. Shot for a reported $15,000, "Paranormal Activity" came in at No. 5 with $7.1 million as distributor Paramount expanded it into daylong release after two weeks of midnight-only screenings. "Paranormal Activity" played in narrow release of just 160 cinemas, a fraction of the theater count for other top movies. It averaged a whopping $44,163 a theater, compared with $11,780 in 3,000 theaters for "Couples Retreat." "You almost do a double take when you look at that theater count for a movie in the top five," said Paul Dergarabedian, box-office analyst for Hollywood.com. "That's amazing. That's unprecedented." "Couples Retreat" exceeded expectations for distr