Disney had to suffer a few weeks ago while their Lone Ranger movie flopped and their arch-enemies at Universal Studios raked in the cash from their summer blockbuster, Despicable Me 2.
Now the shoe is on the other foot as Universal Pictures has launched perhaps the biggest dud of the summer – R.I.P.D, the $130-million action-comedy grossed just $12.8 million, only good enough for a seventh-place finish, according to the Los Angeles Times. Continue reading
One thing you must know about the Disney Company’s executives is that they absolutely hate Universal Studios. The two companies compete on every level. They both make movies and TV shows. They both own TV Networks (ABC and NBC). And they both own amusement parks.
This 4th of July weekend their competition started up again as they both launched summer blockbusters, but while Universal’s Despicable Me 2 is blowing up at the box office, Disney’s Lone Ranger is tanking.
Here is what the media is reporting about their respective box office returns: Continue reading