I guess we can file this news under the “No Duh” department, but after the new The Karate Kid movie decimated all other box office competition with a $56 million opening weekend, Sony Pictures has now begun taking meetings with writers concerning a second installment.
I believe it is a simple case of dollars and cents. When a movie that costs $40 million makes $56 million the first weekend, you have a success. Of course, we haven’t even considered the overseas profits or the money that they will make from DVD sales. Love it or hate it, Sony has rebooted a successful franchise and will make even more money from this concept in the future.
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