Friday, March 6, 2009

"Watchmen" looking at $60 million opening

LOS ANGELES (Hollywood Reporter) – Warner Bros. is not the only studio hoping for big numbers when "Watchmen" opens across North America this weekend.

Its one-time legal adversary, 20th Century Fox, will also be rooting for the superhero film. The studio is in line to receive up to 8.5% of the picture's eventual worldwide gross following the settlement of a legal squabble with Warners over who actually owns the rights.

No studio has dared schedule a wide release to open opposite the gritty action movie, which gets an early start on the weekend with a series of midnight screenings on Thursday.

Its two-hour, 40-minute running time could hamper daily grosses a bit, but likely won't keep "Watchmen" from ringing up $60 million or more through Sunday. Similarly, early reviews have been mixed, but that won't matter much to fans of the 1980s comics series -- by writer Alan Moore and illustrator Dave Gibbons -- on which the film is based.

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