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'F1' Opens With $55 Million, Delivering Apple Its Biggest Big-Screen Hit
'F1' Opens With $55 Million, Delivering Apple Its Biggest Big-Screen Hit

Al Arabiya

time3 days ago

  • Entertainment
  • Al Arabiya

'F1' Opens With $55 Million, Delivering Apple Its Biggest Big-Screen Hit

Apple has its first box-office hit. F1 The Movie debuted with $55.6 million in North American theaters and $144 million globally over the weekend, according to studio estimates Sunday, handing the tech company easily its biggest opening yet. Though Apple Original Films has had some notable successes in its six years in Hollywood – including the 2021 Oscar-winner CODA – its theatrical results have been decidedly mixed. Misfires like Argylle and Fly Me to the Moon and big-budget awards plays like Ridley Scott's Napoleon and Martin Scorsese's Killers of the Flower Moon have been better at driving viewers to Apple TV+ than movie theaters. But F1 was Apple's first foray into summer blockbuster territory. It won a bidding war for the project from much of the production team behind the 2022 box-office smash Top Gun: Maverick. Apple then partnered with Warner Bros. to distribute the film starring Brad Pitt, Damson Idris, and Kerry Condon. With a production budget over $200 million, F1 still has several laps to go to turn a profit. But for now, F1 is full speed ahead. ' F1 The Movie puts the pedal to the metal in an impressive overperformance for this original summer movie that had one of the most comprehensive and exciting marketing blitzes in recent memory, and it paid off big for the film,' said Paul Dergarabedian, senior media analyst for data firm Comscore. Car racing movies have often struggled in theaters; crash-and-burn cases include Ron Howard's Rush (2013) and Michael Mann's Ferrari (2023). But F1 built off of the Formula 1 fandom stirred up by the popular series Formula 1: Drive to Survive. And it leaned on Top Gun: Maverick director Joseph Kosinski and producer Jerry Bruckheimer to deliver another adult-oriented action thrill ride. Like they did in Top Gun: Maverick, the filmmakers sought an adrenaline rush by placing IMAX cameras inside the cockpit in F1. IMAX and large-format screens accounted for fifty-five percent of its ticket sales. IMAX, whose screens are much sought-after in the summer, has carved out a three-week run for the movie. Reviews have been very good for F1, and audience reaction (an A via CinemaScore) was even better. That suggests F1 could hold up well in the coming weeks despite some formidable coming competition in Universal Pictures' Jurassic World Rebirth. Universal's M3gan 2.0 had been expected to pose a greater challenge to F1. Instead, the robot doll sequel didn't come close to matching the 2022 original's box-office launch. M3gan 2.0 collected $10.2 million in 3,112 theaters. Memes and viral videos helped propel the first M3gan to a $30.4 million opening and a total haul of $180 million, all on a $12 million budget. Still, the Blumhouse Productions horror thriller could wind up profitable. The film, written and directed by Gerald Johnstone, cost a modest $25 million to make. A spinoff titled Soulm8te is scheduled for release next year. M3gan 2.0 ended up in fourth place. The box-office leader of the last two weekends, How to Train Your Dragon, slid to second with $19.4 million. The DreamWorks Animation live-action hit from Universal Pictures has surpassed $200 million domestically in three weeks. After a debut that marked a new low for Pixar, the studio's Elio gathered up $10.7 million in sales in its second weekend. That gives the Walt Disney Co. release a disappointing two-week start of $42.2 million. Top 10 movies by domestic box office. With final domestic figures being released Monday, this list factors in the estimated ticket sales for Friday through Sunday at US and Canadian theaters, according to Comscore: F1 The Movie, $55 million. How to Train Your Dragon, $19.4 million. Elio, $10.7 million. M3gan 2.0, $10.2 million. 28 Years Later, $9.7 million. Lilo & Stitch, $6.9 million. Mission: Impossible – Final Reckoning, $4.2 million. Materialists, $3 million. Ballerina, $2.1 million. Karate Kid: Legends, $1 million.

'F1' opens with $55 million, delivering Apple its biggest big-screen hit
'F1' opens with $55 million, delivering Apple its biggest big-screen hit

The Independent

time3 days ago

  • Entertainment
  • The Independent

'F1' opens with $55 million, delivering Apple its biggest big-screen hit

Apple has its first box-office hit. 'F1 The Movie' debuted with $55.6 million in North American theaters and $144 million globally over the weekend, according to studio estimates Sunday, handing the tech company easily its biggest opening yet. Though Apple Original Films has had some notable successes in its six years in Hollywood — including the 2021 Oscar-winner 'CODA' — its theatrical results have been decidedly mixed. Misfires like 'Argylle' and 'Fly Me to the Moon' and big-budget awards plays like Ridley Scott's 'Napoleon' and Martin Scorsese's 'Killers of the Flower Moon' have been better at driving viewers to Apple TV+ than movie theaters. But 'F1' was Apple's first foray into summer blockbuster territory. It won a bidding war for the project from much of the production team behind the 2022 box-office smash 'Top Gun: Maverick.' Apple then partnered with Warner Bros. to distributed the film starring Brad Pitt, Damson Idris and Kerry Condon. With a production budget over $200 million, 'F1' still has several laps to go to turn a profit. But for now, 'F1' is full speed ahead. ''F1 The Movie' puts the pedal to the metal in an impressive overperformance for this original summer movie that had one of the most comprehensive and exciting marketing blitzes in recent memory and it paid off big for the film,' said Paul Dergarabedian, senior media analyst for data firm Comscore. Car racing movies have often struggled in theaters; crash-and-burn cases include Ron Howard's 'Rush' (2013) and Michael Mann's 'Ferrari' (2023). But 'F1' built off of the Formula 1 fandom stirred up by the popular series 'Formula 1: Drive to Survive.' And it leaned on 'Top Gun: Maverick' director Joseph Kosinski and producer Jerry Bruckheimer to deliver another adult-oriented action thrill ride. Like they did in 'Top Gun: Maverick,' the filmmakers sought an adrenaline rush by placing IMAX cameras inside the cockpit in 'F1.' IMAX and large-format screens accounted for 55% of in its ticket sales. IMAX, whose screens are much sought-after in the summer, has carved out a three-week run for the movie. Reviews have been very good for 'F1' and audience reaction (an 'A' via CinemaScore) was even better. That suggests 'F1' could hold up well in the coming weeks despite some formidable coming competition in Universal Pictures' 'Jurassic World Rebirth.' Universal's 'M3gan 2.0' had been expected to pose a greater challenge to 'F1.' Instead, the robot doll sequel didn't come close to matching the 2022 original's box-office launch. 'M3gan 2.0' collected $10.2 million in 3,112 theaters. Memes and viral videos helped propel the first 'M3gan' to a $30.4 million opening and a total haul of $180 million, all on a $12 million budget. Still, the Blumhouse Productions horror thriller could wind up profitable. The film, written and directed by Gerald Johnstone, cost a modest $25 million to make. A spinoff titled 'Soulm8te' is scheduled for release next year. M3gan 2.0' ended up in fourth place. The box-office leader of the last two weekends, 'How to Train Your Dragon,' slid to second with $19.4 million. The DreamWorks Animation live-action hit from Universal Pictures has surpassed $200 million domestically in three weeks. After a debut that marked a new low for Pixar, the studio's 'Elio' gathered up $10.7 million in sales in its second weekend. That gives the Walt Disney Co. release a disappointing two-week start of $42.2 million. Top 10 movies by domestic box office With final domestic figures being released Monday, this list factors in the estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Comscore: 1. 'F1 The Movie,' $55 million. 2. 'How to Train Your Dragon,' $19.4 million. 3. 'Elio,' $10.7 million. 4. 'M3gan 2.0,' $10.2 million. 5. '28 Years Later,' $9.7 million. 6. 'Lilo & Stitch,' $6.9 million. 7. 'Mission: Impossible — Final Reckoning,' $4.2 million. 8. 'Materialists,' $3 million. 9. 'Ballerina,' $2.1 million. 10. 'Karate Kid: Legends,' $1 million.

How To Stand Out as an Intern: A Proven Blueprint
How To Stand Out as an Intern: A Proven Blueprint

Forbes

time23-06-2025

  • Entertainment
  • Forbes

How To Stand Out as an Intern: A Proven Blueprint

Want to stand out as an intern? Follow this blueprint for success. Welcome to auditions! Yes. I know this isn't theater, but when you're trying to stand out and get your first internship, it can certainly feel like vying for the coveted lead. After all, you put your best foot forward, you dress to impress, and you do everything in your power to not lose your nerves in front of the judges, aka: the hiring committee. But, what if there was a blueprint for success? What if there was a cheatsheet to help you stand out above the competition and leave them wanting more? Well, print this guide out, and highlight all the tips, because I'm prepared to give you a step-by-step guide to being the best intern ever! After reading this, get set, because you'll finally get that email that says, 'we'd love to have you on the team'! So, let's look at three key questions you need to answer if you want to stand out as an incredible intern. 3 Essential Questions to Unlock Your Intern Superpower An internship isn't just about showcasing your skills. It's more than that. In fact, it's really about showcasing what sets you apart from those around you. This is the time to find your uniqueness and leverage those qualities. For example, I'm a CODA, which means, I'm a child of a deaf adult. In fact, I learned to lipread before I spoke a word of English. So, in many ways, I feel bilingual, cross-cultural, and an outsider. I was placed in numerous adult settings as a kid because I had to make sure that my mom understood her doctor and that her voice was heard. This experience shaped me into the person I am today. Because, as a kid, I had to learn how to place someone else's needs before my own. Now, I never gave it much thought when I stepped into my first internship. I just assumed that everyone looked people in the eye and listened intentionally. But, that wasn't the case. And, in many ways, me being a CODA helped me stand out. Ok. Now it's your turn: When you look back on your childhood and figure out what shaped you into the person you are today, you gain the confidence to stand out above the rest. Because you have something that many never gain—and that's self-awareness. You see, standing out above the crowd isn't about having the craziest goals or the most determination. Yes. All that plays a part in your success. But, it starts and finishes with understanding who you really are and what makes you tick. So, before you go to the next question, really take some time and think about your past experiences and what you bring to the table that's different from all the rest. I don't know about you, but I loved reading about the habits of most successful people when I was growing up? Heck. I still have a stash of these articles in my office. There's just something about looking at the routines of people who have reached the pinnacle of success without crashing and burning along the journey. They've gotten to the top of the mountain and have the energy to enjoy the view. So, what are some top habits that are profitable to interns if they want to stand out from the crowd? Well, here are my top three to get you started: It's absolutely essential that you ask yourself this question, because here's the thing. Let's say you do a killer job as an intern, get the position, and then work for the same company for twenties years. Now, all of this is great, especially if you love what you're doing. But, let's say that you hate is? What then? Well, then you're stuck just trying to survive and not thrive. So, how do you fix this before it's too late? Here are a few ideas: So, if you want to stand out as an intern, just remember this blueprint. Because in the words of Logan Currie, Co-Founder & COO at Careerspan, 'The real achievement isn't what you produced—it's what you learned about your professional preferences and natural strengths. This becomes your first valuable signal to future employers (or people who can connect you to future employers) about your career trajectory.' Happy interning!

Marlee Matlin Tells Her Own Unvarnished Story
Marlee Matlin Tells Her Own Unvarnished Story

New York Times

time20-06-2025

  • Entertainment
  • New York Times

Marlee Matlin Tells Her Own Unvarnished Story

Actors in documentaries about their own lives rarely — perhaps never — speak with the kind of candor that Marlee Matlin brings to Shoshannah Stern's new film 'Marlee Matlin: Not Alone Anymore' (in theaters). This kind of project all too often results in a cagey puff piece, lots of warmed-over memories accented by one mildly surprising revelation, which ensures the movie will make headlines. Not this film. From the start, Matlin speaks with an unvarnished frankness about the loneliness and prejudice she encountered when she burst into public consciousness in 'Children of a Lesser God,' for which she won the best actress Oscar in 1987. For 35 years, she was the only deaf performer with an Academy Award — a record finally broken in 2022, when Troy Kotsur won for 'CODA,' in which he co-starred with Matlin. Now, she says, she isn't alone anymore. But the path to this point was littered with frustrations in a world that still treats deaf people as second-class citizens. Matlin talks about how solitary she often felt, set apart not just from the hearing world but at times from the deaf one, too. She speaks, with nuance but also pain, of her relationship with her 'Children of a Lesser God' co-star William Hurt, who was 16 years older and, she says, abusive at times. (Hurt died in 2022. In 2009, he issued a public apology 'for any pain I caused.') She also addresses the clear anti-deaf bias that surfaces in the news media — demonstrated, pointedly, by archival clips of interviewers saying offensive things — and how it shaped her addiction struggles as well as the way she presented herself in the years following her Oscar win. Want all of The Times? Subscribe.

Coda Octopus Group Inc (CODA) Q2 2025 Earnings Call Highlights: Revenue Surge Amidst Margin ...
Coda Octopus Group Inc (CODA) Q2 2025 Earnings Call Highlights: Revenue Surge Amidst Margin ...

Yahoo

time17-06-2025

  • Business
  • Yahoo

Coda Octopus Group Inc (CODA) Q2 2025 Earnings Call Highlights: Revenue Surge Amidst Margin ...

Total Revenue: $7.0 million, a 31.8% increase from $5.3 million in Q2 2024. Marine Technology Revenue: $3.9 million, a 10% increase from $3.5 million in Q2 2024. Acoustic Sensors and Materials Revenue: $1.3 million, newly added business unit. Marine Engineering Revenue: $1.84 million, a 2.3% increase from $1.80 million in Q2 2024. Gross Profit: $4.5 million, compared to $3.7 million in Q2 2024. Consolidated Gross Margin: 64.1%, down from 70.2% in Q2 2024. Operating Expenses: $3.4 million, up from $2.4 million in Q2 2024. Operating Income: $1.1 million, a decrease of 19.5% from $1.4 million in Q2 2024. Net Income: $0.9 million or $0.08 per diluted share, down from $1.4 million or $0.13 per diluted share in Q2 2024. Cash and Cash Equivalents: $24.5 million, an increase from $22.5 million as of October 31, 2024. Marine Technology Gross Margin: 67.7%, down from 80.2% in Q2 2024. Acoustic Sensors and Materials Gross Margin: 65.4%. Marine Engineering Gross Margin: 55.5%, up from 50.7% in Q2 2024. Warning! GuruFocus has detected 2 Warning Signs with CODA. Release Date: June 16, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Coda Octopus Group Inc (NASDAQ:CODA) reported a 31.8% increase in revenue for the second quarter of 2025 compared to the same period in 2024. The Marine Technology business, which is the core of CODA's operations, saw a 10% increase in revenue, driven by strong hardware sales, particularly in Asia. The newly acquired Acoustic Sensors and Materials business contributed 18.5% to the consolidated revenue, adding diversification and resilience to CODA's revenue structure. The company is launching the Nano Gen series, a new generation of compact 3D sonars, which is expected to address new opportunities in the imaging sonar space. CODA's DAVD (Diver Augmented Vision Display) technology is gaining traction, with orders for both tethered and untethered systems, indicating potential for significant revenue growth in the defense and commercial diving sectors. Operating income decreased by 19.5% due to lower gross profit margins from the Marine Technology business, attributed to higher commission costs and increased operating expenses. Gross margins for the Marine Technology business fell from 80.2% in 2024 to 67.7% in 2025, primarily due to higher commission costs from increased sales in Asia and underutilization of rental assets. Total operating expenses increased by 41.7% due to the addition of Precision Acoustics and unfavorable exchange rate impacts, affecting overall profitability. Net income after tax decreased to $0.9 million from $1.4 million in the previous year, reflecting the impact of increased costs and lower operating margins. The weakening of the US dollar against the British pound and Danish kroner resulted in higher operating costs when translated into US dollars, impacting financial performance. Q: During the last earnings call, you mentioned uncertainty in global trade affecting the Marine Products business. What changed to lead to stronger-than-expected demand in the second quarter? A: Annmarie Gayle, CEO: We saw strong inquiries around our Echoscope technology, particularly from Asia, and a strong pickup in the DAVD program, with $1.2 million in DAVD sales. Although there was a downturn in European inquiries, we expect more rentals in the third quarter. Q: Can you share the expected timing for the new Nano Echoscope release and how it addresses customer feedback? A: Annmarie Gayle, CEO: We are on the cusp of releasing Nano, with significant trials at the end of this month. The Nano addresses smaller underwater vehicles, allowing us to cover a full range of market requirements. It is compact, slightly larger than an iPhone, and suitable for divers and robotics. Q: Can you provide a range of sizes for the five development programs and their timelines? A: Blair Cunningham, President of Technology: The programs focus on integrating DAVD with existing equipment, particularly for untethered dive equipment. These programs are crucial for product adoption, ensuring DAVD works with various underwater breathing apparatuses. Q: What progress is Coda making in securing design wins for next-generation underwater vehicles? A: Annmarie Gayle, CEO: We are involved in various programs at different maturity stages. The Echoscope is being evaluated for integration into defense programs. While some programs are slow, we see promising opportunities and are ensuring the Echoscope is considered for adoption. Q: Should we model the gross margin percentage for the back half of the year to remain the same? A: Annmarie Gayle, CEO: The gross profit margins for our Marine Technology business were unusually low this quarter due to high commission costs from Asia. We expect margins to improve and return to typical levels around 70%. Q: How should we think about SG&A expenses for the rest of the year? A: Gayle Jardine, Interim CFO: SG&A was impacted by exchange rate changes and non-cash charges. We expect SG&A as a percentage of sales to be slightly lower in the second half of the year. Q: What revenue contribution is expected from the delivery of 16 Untethered Systems in the third quarter? A: Annmarie Gayle, CEO: We have a firm contract for $800,000 for the delivery of 16 units, which we aim to complete in the third quarter. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. 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