
There was good news and bad news from Warner Bros.’ (NASDAQ:WBD) biopic “Elvis” premiere engagement this weekend in U.S. theaters. The good news was the Baz Luhrmann biopic was the top grossing film from the line-up of theatrical releases.
The bad news was that the $31 million generated by "Elvis" in ticket sales made it the lowest grossing top-ranked weekend film since the animated feature “The Bad Guys” from Comcast Corp’s (NASDAQ:CMCSA) Universal Pictures opened to $24 million in domestic ticket sales for the April 22-24 weekend.