Iron Man got the summer box office season started with a bang two weeks ago. It handed the baton to The Chronicles of Narnia: Prince Caspian over the weekend. The second installment in Disney's
Caspian won't have to keep the baton warm for long. Indiana Jones and the Kingdom of the Crystal Skull opens on Thursday, likely limiting a good chunk of next weekend's Narnia popcorn-eaters to those who got turned away at the sold-out Indy screens.
Caspian's take could have been better for Disney. The first movie in the series opened to $65.6 million at the box office domestically. It may not seem like much of a drop-off at the multiplex, but keep in mind that ticket prices were slightly lower three years ago.
Disney will still gladly accept Caspian's grosses, though. It has plenty of Narnia books to fuel the cinematic franchise over the next few years. The original also grossed more abroad than it did domestically, making the softer stateside opening less ominous than you may think.
Perhaps more importantly, Disney also has Wall-E, the next Pixar no-brainer, hitting the box office next month. If a sword-wielding prince can't do the trick, a robot in search of purpose in a barren world should be just what the mouse ordered.
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The pain at the pump will only get worse, with oil prices hitting a new high on Friday. Peaking at $127.82 a barrel, prices have hit new all-time highs in all but two trading days over the past two weeks.
As a public service, let me offer a few bumper sticker slogans that will look sharp the next time you head to the gas station:
- My other hybrid is a hybrid
- Filling up my car is a pain in the gas
- The Motley Fuel
- Jed Clampett for President
- Will pump for fuel.
Have a great day out there.
Longtime Fool contributor Rick Munarriz believes that cereal for breakfast is one of life's simplest joys. He does not own shares in any companies in this story, save for Disney. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.