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‘Transformers’ Sequel Sets Box-Office Record

Michael Bay’s third installment in the series had the highest-grossing July 4th debut ever. By Ryan J. Downey “Transformers: Dark of the Moon” Photo: Paramount Pictures There’s no hiding the success of the “robots in disguise” franchise: “Transformers: Dark of the Moon” enjoyed the highest-grossing Fourth of July film debut ever over the weekend. Summer sequel mania was in full swing over the Independence Day holiday as the latest “Transformers” movie took in an estimated $97.5 million. “Transformers” beat the 2011 opening-weekend record previously set by “Pirates of the Caribbean: On Stranger Tides,” which just crossed the $1 billion mark worldwide. Director Michael Bay’s third installment in the “Transformers” series took in more than $180 million during its six-day opening, which started with Tuesday night previews. While it beat the Independence Day record held by “Spider-Man 2” thanks to inflation and 3-D screenings, it fell short of the superhero sequel in terms of overall attendance and far behind the last “Transformers” opening as well. Only 38 percent of major critics found the film favorable, according to Rotten Tomatoes . Last weekend’s big sequel, “Cars 2,” suffered from the largest second-week drop in Pixar’s history. The talking-car-centered animated kid flick fell 60 percent to #2 with an estimated $26.2 million, with an 11-day total of $123 million. Cameron Diaz’s “Bad Teacher” was #3 on the box-office chart with $14.5 million for an 11-day total of $59.9 million. Critics have not been kind to “Larry Crowne,” which opened at #4 with just $13.1 million. ” ‘Larry Crowne’ has Tom Hanks and Julia Roberts and a good premise and a colorful supporting cast,” wrote Roger Ebert . “But what it doesn’t have is a reason for existing.” The weekend’s other new romantic comedy, Selena Gomez’s “Monte Carlo,” failed to even crack the top five with its $7.4 million debut. “Super 8” was #5 with $7.8 million. JJ Abrams’ homage to co-producer Steven Spielberg’s thrill-filled coming-of-age stories has earned more than $108 million in four weeks of release. Check out everything we’ve got on “Transformers: Dark of the Moon,” “Bad Teacher” and “Cars 2.” For breaking news, celebrity columns, humor and more — updated around the clock — visit MTVMoviesBlog.com . Related Videos MTV Rough Cut: ‘Transformers: Dark Of The Moon’ Related Photos ‘Transformers: Dark Of The Moon’ Crashes Into New York City ‘Transformers: Dark Of The Moon’ Premieres At The Moscow Int’l Film Festival ‘Transformers: Dark Of The Moon’

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‘Transformers’ Sequel Sets Box-Office Record

Justin Timberlake Considering MySpace Talent Competition

Singer/actor wants to bring new talent to the site he now co-owns, manager says. By Gil Kaufman Justin Timberlake Photo: Ethan Miller/ Getty Images Now that he’s bought a chunk of recently sold MySpace, Justin Timberlake is eager to get his hands dirty relaunching the once-powerful social networking destination. According to Timberlake’s longtime manager, the singer-turned-actor has got plenty of ideas about how to get MySpace back on track as a destination for music fans, including finding new talent. Manager Johnny Wright said that using the site to find the next great singer or group is just one of the concepts that got kicked around during the frantic two weeks of negotiations that went on before Specific Media’s deal with Timberlake to buy MySpace from Rupert Murdoch’s News Corp. was announced last week. “Whether it becomes a talent competition or something like that, those are things that we will still flesh out,” Wright said, according to The Associated Press. “We definitely want to bring the industry back to MySpace to really look at the talented people that have put their faces there.” More detailed plans for how Timberlake and the site’s new managers will run Myspace are expected at an August 17 press conference. California-based Specific Media paid $35 million for MySpace last week in a mostly stock deal that came six years after Murdoch’s News Corp. outbid a number of other media giants to purchase the then-hot site for $580 million. In the ensuing years, MySpace cooled off as new rivals such as Facebook took off. Hours after Specific announced its deal to buy MySpace, it issued a press release touting Timberlake’s status as a part owner and creative force, noting that he will have his own office and staff. Given Timberlake’s role as the founder of Napster in the hit Facebook movie “The Social Network,” his involvement in the project quickly became a global headline. And, according to reports, that partnership wasn’t even sealed until just 30 minutes before Specific Media’s MySpace purchase was made public. While Wright didn’t offer any details on what form the talent show might take, the manager who has handled the singer since his ‘NSYNC days said his client is eager to get things going. The day after the deal closed, Wright said he got an email from an anxious Timberlake that read, “Are you up? My mind is going dizzy with ideas. I need to talk.” Related Artists Justin Timberlake

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Justin Timberlake Considering MySpace Talent Competition