Transformers has $201 million 5-day opening – TFC Morning Report
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Top Story: Transformers: Revenge of the Fallen brought in $201 million to score the second highest 5-day opening of all time. The critic-proof blockbuster came within $2 million of toppling The Dark Knight‘s $203 million 5-day record.  Worldwide, the film debuted with $387 million. (erc BoxOffice)

In Other News: The Academy Awards ceremony is undergoing quite a makeover.  After last week’s news that there would be 10 Best Picture nominees, the AMPAS announced that it is tweaking the Best Original Song category so that there could possibly be no nominees at all. The Academy will also move the honorary Oscar presentations from the live broadcast to a black-tie gala in November. Stay tuned for more news on the Academy’s self-destructive pandering. (Variety)

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