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IESB Exclusive: Tom Rothman and FOX looking forward to 2009 and AVATAR
Written by IESB    Tuesday, 30 September 2008 07:15    PDF Print E-mail

FOX recoups from summer 2008 and looks ahead to 2009 with biggies that include James Cameron's AVATAR, WOLVERINE and more!

{sidebar id=1}At least once a year, 20th Century Fox co-chairman Tom Rothman likes to go on the record to discuss the studio's upcoming slate. Just last week, I sat down with Rothman exclusively at the Fox lot in Century City.

We talked about a variety of things and films. The first part of the interview, Rothman and I discussed the disappointing summer Fox experienced this year, after nine consecutive record-breaking years, and what their game plan is for the future.

The first part of the interview is below, more parts will soon follow that include information on X-Men, Daredevil, Fantastic Voyage and many others!

IESB: For the past 10 years, Fox has done great at the summer box office, this year was a little tough. What are you looking to do different next year, or the next couple of years, are you looking for more blockbusters, more tentpoles?

Tom Rothman: I'll tell you the truth of the matter is that we actually had, the irony of the way these things go, we actually had a great first half, beginning the year, winter and spring was terrific for us. We had, Horton, that did tremendously well worldwide, that was the bulk, Alvin and the Chipmunks worldwide was huge, over $350 worldwide and then we had a lot of nice, fairly solid doubles, triples movies - 27 Dresses, What Happens in Vegas and we even did very well with The Happening because it did $100 million overseas. So the first half of the year was very good for us.

The summer was a disappointment and there's no two ways about that, but ultimately, it's really simple - the movies weren't good enough, that we had for the summer and we had made the decision because of the strike and because of other things that we were not going to rush certain movies, right, we took an extra year on Wolverine for example, when originally we had hoped to have that for the second half of this summer. Same with Day the Earth Stood Still, we could have rushed to update Day the Earth Stood Still but we took a decision to have, to give the movies the proper time they needed and the films that we had in the summer, they just weren't good enough to hold their own.

So, we didn't actually lose a lot of money but we certainly had, for us, certainly having had nine summers in a row that have been top notch, we had an off summer. But, the good news about it is, I guess because of that, from basically now, from Max Payne through all the way through all of next year through Avatar we are absolutely loaded for bear.

So, we're in as strong a position going forward as I think Jim [Gianopulos] and I have been running the company, but, you have a disappointing summer you have to learn from it and push on and have some stronger films and who knows what happens in decades to come but certainly for the next eighteen months to two years, we are loaded -- locked, loaded and ready to go! So, that's the upside of having had a couple of films that didn't make it in this summer is that the coming year is going to be very strong for us.

IESB: You mentioned Avatar, everything that we are hearing about it, it sounds great but it also sounds SO expensive, and a lot has to do with the investment in the technology to make the film. At the same time, is it because you hope to use the technology on other stuff too?

TR: Yes, but I guess I should say that I won't comment on the exact budget except to say that as always with Jim [Cameron] everything is misreported, everything is exaggerated, because he is larger than life and so everything surrounding him tends to be larger than life. While it's obviously an expensive movie, it's not an unprecedented expensive movie and it's not even the most expensive movie we've made at the company and certainly not close to the most expensive movie that's been made in the business recently. But, it is in absolute terms a costly undertaking, is because it's an entirely revolutionary technology. It will be a movie unlike anything audiences have ever seen. And, genuinely brand new, genuinely unlike anything that has ever been seen and that's hard to do and that isn't cheap.

IESB: And it's an original film, it's not based on a comic book or other material...

TR: It's an entirely original film, it's not a television show, it's not a comic book, it's a thing that all of the punditocracy, all of the media and the audience cry out for, true originality. And yes, you never know and I wouldn't presume now, but the idea is, Jim Cameron tends to make hits and if the movie is a hit then this is the beginning, certainly for both the use of the technology and the work, it's not going to stop here. So, there's long term value to it as well.

IESB: So, potentially, this is a franchise?

TR: If it does well, yes, absolutely, in terms of an arena a whole new world. But for us, it isn't any of that, it isn't even the technology, it isn't even the look and the world all of which is the coolest shit I've ever seen, it isn't even any of that, it's that it's a great story. It's just a great story. You read the story and you are gripped by every page, it's just a great, original story with tremendously, classic emotional value. So, at the end of the day, that's really what we're here for, to try and make great stories when you can find them.

Stay tuned to the IESB for more from our exclusive interview with Tom Rothman!

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