Is "Pacific Rim" the Next "World War Z?"
Jul 12th 2013 8:30PM
Updated Jul 12th 2013 8:36PM
Good news, Time Warner investors. After suffering a run of bad numbers, buzz is finally building for Pacific Rim, director Guillermo Del Toro's giant robots vs. monsters epic that cost as much as $200 million to make.
Plenty is it stake for Warner and financing partner Legendary Pictures, says Fool contributor Tim Beyers in the following video. Why? Both studios need a new franchise to bank on. The fact that 75% of critics who've seen Pacific Rim rate it as "fresh"-- better than the 67% accorded to surprise hit World War Z -- suggests the film could enjoy a decent run in theaters.
But will it be as big a winner as the zombie thriller? According to Box Office Mojo, Viacom's Paramount Studios has earned more than $370 million in worldwide grosses from the film, which has enjoyed uncommon staying power after last weekend's gate drop of just 38%, when 50% or more is typical. Getting even within spitting distance of that performance would be a win for Del Toro, Legendary, and Time Warner investors, Tim says.
Do you like the odds of Pacific Rim outperforming? Please watch the video to get Tim's full take, and then leave a comment to let us know whether you plan to see the film.
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The article Is "Pacific Rim" the Next "World War Z?" originally appeared on Fool.com.Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Time Warner at the time of publication. Check out Tim's web home and portfolio holdings or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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