The Avengers Midnight Premiere Makes $18.7 Million

So far the Avengers has been a big hit across North America as it has made millions of dollars just during the midnight release of the movie.

In just one night, the Avengers has raked in $18.7 million dollars which puts the movie in eighth place in the list of top midnight debuts. Globally, The Avengers has made $322.7 million so far and is continuing to rise.

Originally expected to hit $150 million total in North America, analysts have now rethought how much The Avengers will make and estimate that it will hit $170 million. Analysts are also expecting that the movie will make as much as $550 million world wide by the end of the weekend.



[Discuss this on the forums.]

Read more »

Sony Expecting To Lose Lots Of Money

Things aren't going to be easy for Sony this fiscal year as they have reported that the company will lose $2.9 billion.

Due to a flooding in Thailand, currency exchange rates and other problems, Sony will be losing a couple billion dollars by the end of their fiscal year, which is this year. Sony has also revealed that they were down $2.1 billion during the holiday season.

"I have a very strong sense of crisis about the environment surrounding us," says newly announced Sony President, Kaz Hirai. "We cannot be afraid to make painful choices for the future of Sony. Our rivals and the operating environment won't wait for us."

Read more »