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"The Force Awakens" already crushing records

Friday, December 18, 2015 - 01:39

One day after its debut the latest film in the Star Wars series is breaking records as its fans flock to theaters in its opening weekend. Jeanne Yurman reports.

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Star Wars mania is in full force this weekend. And "The Force Awakens" - the latest installment of the Star Wars series - seems to be calling enough fans to set new box office records. The highly anticipated sci-fi flick is already crushing opening day records in Europe and in North America. And, helped by strong reviews, online ticket sellers, like Fandango, have sold more tickets for "The Force Awakens" than for any film during its entire run. Many analysts expect "The Force Awakens" to surpass "Jurassic World," the record holder for domestic ticket sales for an opening weekend at more than $208 million. Ross Gerber of Gerber Kawasaki Wealth & Management SOUNDBITE, ROSS GERBER, GERBER KAWASAKI WEALTH & MANAGEMENT (ENGLISH) SAYING: "The movie is great. It totally delivers. We're going to see a record weekend this weekend and billions and billions of revenue flow to companies, like Disney and IMAX, who will really profit from this." But not everyone is sure that "The Force" will fly to the top spot for longer term global ticket sales. Goldman Sachs predicts "The Force Awakens" will score big but says premium priced 3-D ticket sales will be only average. If true, Goldman believes it will likely rank as the third highest grossing film of all time behind number one "Avatar" at more than $2.8 billion and "Titanic" at just over $2 billion. "Force Awakens'" long-term success is crucial for Disney which invested $4 billion to buy "Star Wars" producer Lucasfilm and plans several related movies and theme park attractions.

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"The Force Awakens" already crushing records

Friday, December 18, 2015 - 01:39