Holiday Movie Season 2001: A Battle of Blockbusters

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The 2001 holiday movie season is set for fierce competition with nearly 30 major studio releases, including heavyweight films like 'Ali' and 'Ocean’s 11'.

The 2001 holiday movie season is shaping up to be a highly competitive period, with nearly 30 major studio releases vying for audience attention between November 2 and Christmas. This year, the number of wide releases has increased to 23 or 24, up from 22 in the previous year.


Unlike the summer, where studios strategically avoided direct competition, the holiday season will see numerous high-budget films competing head-to-head. For instance, Sony’s “Ali” will open on December 7, the same day as Warner Bros.’ “Ocean’s 11.” On December 21, Miramax’s “Gangs of New York” will face off against Warner Bros.’ “The Majestic.” These matchups pit directors like Michael Mann against Steven Soderbergh, and Martin Scorsese against Jim Carrey, with each film carrying massive budgets.


Christmas Day alone will see the release of five significant titles, not to mention other anticipated films like “Harry Potter,” “Lord of the Rings,” and “Vanilla Sky.” While some release dates may still shift, the crowded schedule is causing concern among producers, who fear that their films may not receive the necessary promotional support.


However, studio executives argue that a holiday logjam is inevitable, given the year-round increase in the number of films being produced. The holiday season, which is Hollywood’s second most profitable time of the year after summer, saw a record $1.6 billion in box office revenue in November and December of the previous year. Optimists are hoping to match or surpass this figure.


Studios are relying on the star power and quality of their films to carve out a niche in the market, with many of these movies also being considered Oscar contenders. Warner Bros. has strategically distributed its releases, with “Harry Potter” set for November 16, “Ocean’s 11” on December 7, and “The Majestic” starring Jim Carrey on December 21.


The holiday season has expanded, much like the summer season, with early November now a coveted slot since Adam Sandler’s “Waterboy” in 1998. Disney and Sony have already secured November 2 for their respective releases, “Monsters, Inc.” and “The One.”


Despite the steady flow of releases, certain weekends, such as November 30 and December 28, are typically less favorable for new openings due to shopping and New Year’s celebrations. This leaves some films struggling to find a foothold. Additionally, the 2002 Winter Olympics in Salt Lake City, starting February 8, could further impact the longevity of some holiday releases.


Nevertheless, films that rely on word-of-mouth and gradual audience growth, such as “Tenenbaums” and “The Shipping News,” may benefit from a platform release strategy, allowing them to gradually build an audience over time.


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