The new economics of Hollywood

Pacific Rim, Guillermo del Toro‘s robots v monsters action movie, is likely to get a sequel after its $9m (£5.9m) record-breaking opening in China, according to Deadline.

The film, which has performed poorly at the US box office, is currently at the top spot internationally. It is yet to be released in over half of global territories including Spain, Brazil and Japan.

The story is here, and here is a good geopolitical analysis of the film.  I actually preferred the often unheralded Godzilla vs. Mechagodzilla II, and no sequels are not always worse.  Just ask Cervantes.

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