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Posted
Monday, November 09, 2009 12:09 PM
| By
Josh Levin
Could James Cameron's Avatar kill 20th Century Fox? According to today's New York Times, probably not. Michael Cieply reports that Fox has brought in outside investors to minimize the company's risk in the event that the $500 million Blue Man Group-in-outer space flick turns out to be a Heaven's Gate-style megaflop. Along with this smart financial buffering, the Times piece reveals that "Fox is backing up Mr. Cameron's movie with what an executive recently called the studio's ‘secret weapon.' " What is this secret weapon that has the power to stave off potential bankruptcy? Alvin and the Chipmunks: The Squeakquel.
Fox's confidence in the Squeakquel is easy to understand: Despite rotten reviews, the company's first foray into computer-generated rodentia—2007's Jason Lee starrer Alvin and the Chipmunks—brought in $217 million. Alvin and the Chipmunks: The Squeakquel, which opens on Christmas Day (a week after Avatar's debut), appears to follow the same high-pitched formula. Check out the trailer below—interspecies romance! the best furball football catching since Air Bud: Golden Receiver!—and judge for yourself if Fox's confidence is misplaced.
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