Hey fam, this is Cinemagnetic. The movie newsletter that’s as refreshing as jumping into a cold tub after the steam room.

Here’s what we got for you today:

• Harmony Korine Teases Enigmatic 'Aggro Dr1ft' 🍭

• 'Demeter' Struggles at the Box Office 🧛‍♂️

• Austin Butler's Career Advice from Tom Hanks 🛩️

• 'The YouTube Effect' 🔴

Daily Domestic Box Office Estimates: August 11, 2023 💸

Harmony Korine Teases Enigmatic 'Aggro Dr1ft' 🍭

At the Locarno Film Festival, celebrated filmmaker Harmony Korine was honored with the prestigious Pardo d'onore Manor award for his outstanding contributions to cinema. While accepting the award, Korine tantalizingly hinted at his upcoming Venice premiere, "Aggro Dr1ft," offering a glimpse into the enigmatic project that has intrigued cinephiles and fans alike.

Expressing his enthusiasm, Korine mentioned that "Aggro Dr1ft" is unlike anything he has ever made before. He indicated that his intention was to create something beyond the boundaries of conventional filmmaking. With an air of mystery and anticipation, he hinted that the film could potentially stir up a scandal and deliver a statement that is uniquely its own.

The forthcoming film boasts an impressive cast, featuring the talents of Spanish actor Jordi Molla and renowned musician Travis Scott. This collaboration marks another instance of Korine working alongside Travis Scott, having previously partnered on "Circus Maximus." Interestingly, the filmmaker also shared insights into his creative process and background during the event.

Throughout his career, Korine has consistently maintained a distinctive and often unconventional voice in cinema. His films are characterized by their willingness to explore the fringes of society and to challenge conventional narratives. With "Aggro Dr1ft," Korine appears poised to continue this tradition, intriguing audiences with a new cinematic experience that promises to be as audacious and thought-provoking as his previous works.

As Harmony Korine continues to captivate audiences and push the boundaries of filmmaking, the anticipation for "Aggro Dr1ft" continues to grow. With his track record of delivering unique and impactful films, it's no wonder that cinephiles and enthusiasts are eagerly awaiting the unveiling of his latest cinematic endeavor on the grand stage of the Venice Film Festival.

What's coming? 🤔

'Demeter' Struggles at the Box Office 🧛‍♂️

In a cinematic tale of contrasting fates, "The Last Voyage of the Demeter," a period horror film chronicling a merchant ship's chilling encounter with a vampire, struggles to make waves at the domestic box office. Despite a $45 million production budget, the film's initial earnings of $2.62 million on opening day, including $750,000 from Thursday previews, forecast a modest debut in fifth place with an expected weekend total of just $6.5 million. Critics have been less than kind, granting the film a meager 27% approval rating on Rotten Tomatoes, and audiences have shown tepid interest, earning it a "B-" Cinema Score.

Meanwhile, the triumphant saga of "Barbie" continues as it garners $31.4 million from 4,178 locations in its fourth weekend, experiencing only a 41% drop from the previous frame. The film has even achieved the illustrious billion-dollar mark globally, solidifying director Greta Gerwig's status as the first solo female filmmaker to reach this milestone. Starring Margot Robbie and Ryan Gosling, "Barbie" has surpassed the $500 million threshold domestically, positioning itself to potentially become Warner Bros.' highest-grossing North American release.

Similarly, Christopher Nolan's "Oppenheimer" maintains its strong performance, accruing $5.1 million from 3,761 theaters on Friday, with a projected $17.2 million weekend gross and total domestic ticket sales of $262 million.

Paramount Pictures' "Teenage Mutant Ninja Turtles: Mutant Mayhem" follows suit, earning $4 million on its second Friday, indicating a 56% decline from its debut. The animated feature is set to wrap up the weekend with an anticipated $14.6 million, contributing to a cumulative domestic total surpassing $71.6 million.

On a contrasting note, "Meg 2: The Trench" faces a considerable challenge, projecting a modest $11.8 million from 3,604 theaters in its second weekend, marking a substantial 60% drop from its $30 million opening weekend.

Famous Birthdays on August 13th 🎂

Austin Butler's Career Advice from Tom Hanks 🛩️

Austin Butler, known for his Oscar-nominated portrayal of Elvis Presley in the biopic "Elvis," recently shared a valuable piece of advice he received from his co-star, Tom Hanks. According to Butler, Hanks, who played Colonel Tom Parker in the movie, advised him during a dinner conversation to swiftly immerse himself in another role to prevent what he referred to as "emotional whiplash."

Butler recounted Hanks' advice during an interview with the UK's Times newspaper. Hanks told him that after deeply immersing himself in the character of Elvis, it would be wise for Butler's mental well-being to transition into another role without abruptly disengaging from the intense experience.

Hanks elaborated, saying, "If you just jump off the train, you might have emotional whiplash… And, you know, I've got this thing I'm producing."

Following this insightful conversation, Butler took Hanks' advice to heart. As a result, Butler's upcoming projects include a role as Major Gale Cleven in "Masters of the Air," the third installment in the Second World series produced by Hanks and Steven Spielberg. This series, set to stream on AppleTV+, follows the experiences of the 100th Bombardment Group of the USAF during World War II and is based on a book by Donald L Miller.

Butler's journey in the entertainment industry has been notable. He initially gained recognition as a child TV star and later achieved a significant breakthrough in 2018 when he appeared alongside Denzel Washington in the Broadway production of "The Iceman Cometh."

Reflecting on this pivotal role, Butler shared, "That really shifted my career. It was such a challenge, working with an absolute titan."

In essence, Tom Hanks' advice has not only guided Austin Butler in navigating the emotional aftermath of his transformative role as Elvis Presley but has also influenced his subsequent career choices, propelling him towards new opportunities and challenges in the world of entertainment.

Movies Released on August 13th 🎞️

'The YouTube Effect' 🔴

Amidst ongoing actor strikes, the entertainment realm witnessed a series of unexpected events that underscore the dynamic nature of the industry. 21-year-old YouTube and Twitch streamer Kai Cenat faced charges for an impromptu giveaway that led to a chaotic Union Square scene. Simultaneously, the apparent death and subsequent hack of 10-year-old internet rapper Lil Tay revealed the unpredictable landscape of online creators.

Filmmaker Alex Winter's documentary, "The YouTube Effect," explores YouTube's transformative journey and its impact on content creation. The film delves into the rise of extremism and conspiracy theories as unintended byproducts of YouTube's viewer-centric model.

Winter's documentary also raises intriguing questions about monetization in the digital sphere and its potential relevance to resolving traditional entertainment industry disputes. Yet, bridging these two worlds faces challenges due to YouTube's dominance and lack of competition.

This clash of traditional gatekeepers and the online creator economy highlights the struggle for artistic expression and sustainable industry practices. As entertainment navigates a shifting landscape, these events and documentaries like "The YouTube Effect" shape the future trajectory of popular culture.

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