An opening weekend box-office take of $26.5 million doesn't sound too bad, right? So for Lionsgate to announce in an SEC filing that it's lost $40 to $50 million in cash flow for the quarter comes as a bit of a surprise... Oh, wait: that $26.5 million represents the opening weekends of 'Conan the Barbarian,' 'Warrior' and 'Abduction' combined? Ouch. (Also, per Deadline, it appears this is a calculated move in an effort to sell Carl Icahn's nearly 20 million shares after Icahn's takeover bid failed.) On the brighter side, at least 'The Hunger Games' isn't too far away. [Deadline]
Abduction Movie Poster
Abduction
PG-132011
Based on 20 critics

For many years, Nathan Harper (Taylor Lautner) has had the uneasy feeling that life with his family isn't... Read More

categories Movies