It wasn’t a particularly inspiring box office weekend for theaters across the country, but still, M. Night Shyamalan and the cast/crew of ‘Old‘ should be celebrating a victory.
The 50-year-old filmmaker’s horror/thriller flick ‘Old’ took home the top spot at the box office with a $16.5 million debut weekend. That’s certainly not a bad domestic debut, but it’s not all that impressive either, when you compare it to pre-pandemic numbers.
Still though, ‘Old’ is in a much better position than Paramount’s ‘Snake Eyes‘ film, which had a terrible opening weekend. The action-flick starring Henry Golding made just $13.3 million this past weekend against a budget around $100 million. It’s looking like the studio is going to take a huge loss, unless the film is able to perform better overseas. So far, it’s made just over $4 million overseas, but it’s only opened in 37 markets.
‘Space Jam‘ also had a disappointing weekend. After grabbing the top spot last weekend, the film fell hard in its second weekend. It made just $9.6 million, which is a 69% drop from its opening weekend.
So yeah, the box office isn’t back completely yet, but at least we’re talking about it. At least it’s a discussion once again. This time last year, the box office didn’t exist.
Congrats to Shyamalan and the cast of ‘Old’ for the big win. The film was made on just an $18 million budget, so it’s looking like it’ll make a decent profit.
‘Space Jam: A New Legacy‘ may have been slammed by critics, but it’s currently celebrating a major victory at the box office.
LeBron James and the animated Looney Tunes crew grabbed the top spot at the box office this past weekend, bringing in $31.6 million in ticket sales. Many predictions had it bringing in around $20 or $25 million, so the $31 million is a nice surprise.
And even more impressive, it beat Marvel’s ‘Black Widow‘ which brought in just $26.3 million during its second weekend inside theaters. It was a major drop for the superhero flick. A 67% decline from its opening weekend, which some are blaming on its Disney+ release.
Movie theaters are not happy with Disney right now. They believe their new release strategy is costing them ticket sales, and you know what? They’re probably right. If users couldn’t rent Black Widow from their couch on Disney+, the second weekend numbers probably would have been much higher inside theaters.
Without a hybrid release, NATO predicts that ‘Black Widow’ would have secured a much larger opening weekend, somewhere north of $92 to $100 million. And while the film soared past the opening weekends of recent releases like ‘A Quiet Place 2’ and ‘F9,’ its ticket sales quickly dropped off. In its sophomore outing, ‘Black Widow’ collected $26 million, a huge 69% decline. Or, as NATO put it, a ‘stunning second weekend collapse in theatrical revenues.’
But at the end of the day, it’s a new world. Studios are trying to figure out how they can make the most money possible, and right now, the method that seems to work best is this hybrid release.
Will they continue with this streaming/theatrical release when (hopefully) things are back to normal in a year or so? Who knows, but you can bet theaters are going to fight against it.
Here is your weekly reminder that movie theaters are not dead. Disney/Marvel’s latest superhero flick, Black Widow, debuted inside theaters across the country this past weekend, and it brought in an impressive amount of money.
The movie, which stars Scarlett Johansson, is the first MCU movie to debut in theaters and on Disney Plus at the same time. Some people worried this could hurt the box office numbers, but that doesn’t appear to be the case.
Black Widow earned $80 million this past weekend, which is by far the biggest box office debut since the pandemic. Additionally, Disney claims it made around $60 million on Disney Plus, where users around the globe can rent the film for $30.
Directed by Cate Shortland, ‘Black Widow’ collected an additional $78 million from 46 international territories, boosting its global box office haul to an impressive $158 million. Combined with Disney Plus numbers, the final weekend figure sits at $215 million.
That’s not bad at all. And we have to remember that it still hasn’t opened in China. Marvel movies do very well in China, so those numbers should only go up, once they can settle on a release date.
At the end of the day, this was another win for Disney, and a much-needed victory for theaters across the country.
This coming weekend, Space-Jam: A New Legacy will hit theaters. Experts say it should make around $20 to $25 million, which could be a conservative guess. Wouldn’t be surprised to see it hit $30 or $35 million.
Theaters across the country are still trying to get back to 100%. Yeah, more and more people are going to the movies, but the numbers are not where they were before the pandemic.
20% of theaters in the country are still closed, and studios didn’t really release any huge blockbuster this holiday weekend, which means numbers were down compared to your standard 4th of July weekend. In total, the box office made around $70 million this past weekend, a significant drop from what you’d typically expect, which is around $150 million.
But still, $70 million is a decent showing, and it’s enough to prove theaters are not dead. ‘F9’ made nearly $23 million of that total, coming in the top spot once again. It’s now made over $120 million domestically, and around $500 million worldwide. That’s a huge number.
In second place was Boss Baby 2, which made $16 million, and then The Forever Purge came in at third with a respectable $12 million.
Meanwhile, the indie A24 film ‘Zola’ made over $1 million during its limited run. It kicked off in just over 1,000 theaters across the country, mostly in New York City, Austin, Los Angeles and Atlanta.
Sensing ‘Zola’ would be an appealing big-screen draw, A24, the studio behind indie favorites such as ‘Lady Bird,’ ‘Uncut Gems’ and ‘Minari,’ opted to delay the film’s theatrical release rather than debut it on video-on-demand platforms. A24, in note to press on Sunday, reported that arthouse theaters saw some of their best grosses of the year.
So yeah, overall? It’s a win for cinema. We’ll take it.
We told you last week that the latest ‘Fast & Furious‘ film ‘F9‘ had the chance to prove once and for all that theaters are not dead. It had the chance to make it clear people still love going to the movies.
And thankfully, it did that this past weekend. The ninth installment in the action franchise made $70 million during its opening weekend, which is by far the biggest opening for a film since the COVID-19 pandemic.
Heck, it’s the biggest opening since ‘Star Wars: The Rise of Skywalker‘ was released back in December of 2019, a few months before the pandemic.
Experts believed the film would make at least $60 million, but some thought it could touch $70 million, and it did just that. I told you in the previous post I’m not one who typically roots for the Fast & Furious, but I was this past weekend.
Why? Because my love for theaters is greater than my disdain for the Fast & Furious.
Opening weekend crowds were 60% male, with 51% of ticket buyers under the age of 25. Broken down by demographics, 37% of moviegoers were Hispanic, 35% were Caucasian, 16% were Black and 8% were Asian. Orr adds, ‘the audience was very diverse, which reflects the strength of our cast and this franchise.’
Very good numbers, and it sets the tone for the rest of the summer, which will hopefully be just as successful. You still have ‘Black Widow’ and ‘The Suicide Squad’ set to be released in July and August.
So the movie musical event ‘In The Heights‘ hit theaters this past weekend and most projections had the film making around $20 million in its opening weekend.
Unfortunately, the movie made just $11.4 million, which many are calling a disappointment.
But is it really? Well, it’s complicated. You see, the movie was also available to watch on HBO Max for free. Well, free provided you already pay for HBO Max.
So that definitely hurt the film’s numbers at the box office. Why would people go spend $40 at the movies when they can just watch it at home for free?
But of course, one could point to the recent Conjuring film, which made over $20 million during its opening weekend, despite the fact that it also premiered on HBO Max at the same time.
However you have to consider that horror movies almost always perform well at the box office, and The Conjuring had the franchise boost.
Yeah, ‘In The Heights’ was a hit Broadway show before becoming a film, but not a lot of people follow Broadway. For example, back in 2008, Mamma Mia made $27.6 million during its opening weekend at the box office, and that was based on one of the highest-grossing Broadway shows ever.
So the fact that ‘In The Heights’ *only* brought home $11 million isn’t really that disappointing. Honestly, it should have been expected, considering we are still coming out of a pandemic, and you could watch it for free on HBO Max.
One could argue the $20 million projections were a little too optimistic.
It was a battle of horror sequels at the box office this weekend, and ‘The Conjuring: The Devil Made Me Do It’ came out on top.
As you all should know, ‘A Quiet Place II’ opened during Memorial Day Weekend and made nearly $60 million, which was an outstanding opening.
Now in its second weekend, the sequel made $19.5 million, which is still a pretty solid showing. But it was not enough to beat the premiere of the new The Conjuring flick.
The Conjuring 3 made $24 million this past weekend, which was just enough for the top spot.
Its results are especially strong because the film is readily available on HBO Max at no extra cost to subscribers. Heading into the weekend, box office prognosticators expected reigning champ ‘A Quiet Place Part II’ to lead again.
And that’s a big thing to remember. The Conjuring is available on HBO Max, so the fact that it still made $24 million at the box office is pretty damn cool for theaters. I think it proves that people still enjoy the theater experience, especially when it comes to horror flicks.
Currently, 75% of U.S. cinemas have reopened, according to Comscore. With upcoming blockbuster hopefuls, such as Disney and Marvel’s superhero tentpole ‘Black Widow,’ Universal’s ‘Fast & Furious sequel ‘F9’ and the Warner Bros. musical ‘In the Heights,’ summer movie season should provide theater operators with some much needed stability.
Last week, we told you that the experts were predicting a $30 to $35 million opening for ‘A Quiet Place Part II’ which would have been respectable for the post-pandemic era.
But we knew it was a modest projection. We knew (or at least figured) by the early Thursday numbers that the ‘A Quiet Place’ sequel would make at least $50 million over the holiday weekend.
And guess what? It did. The horror film made $57 million over the long Memorial Day Weekend. This is huge news because that’s basically what the movie was projected to make before the pandemic.
The first film in the franchise opened to $50 million in 2018, so everyone involved with the film will gladly take a $57 million opening for the sequel.
Chris Aronson, Paramount’s distribution chief, had this to say about the great weekend:
We’re happy for the industry. We’re happy for movie theaters. This is a referendum on the future of moviegoing, so there’s a lot to celebrate.
Additionally, Disney’s ‘Cruella‘ also premiered this past weekend, and it brought in $26.5 million, which may not seem like a lot, but it’s decent numbers for a movie that wasn’t promoted a lot and is also available to rent on Disney Plus.
So yeah, the movie theaters are back. and this summer should be a good one for cinemas across the country.
It looks like the return of theaters this summer is off to a great start. Just one year ago, people were ready to bury cinemas across the world. They claimed COVID-19 would put them out of business.
And while some major chains filed for bankruptcy, and some small-town theaters were forced to close their doors, theaters across the world are back for the most part.
They had their first real test on Thursday night with the preview opening of ‘A Quiet Place Part II’
The sequel premiered at over 3,000 locations in the U.S. on Thursday and made an impressive $4.8 million. That’s actually more than the original film got during its first day (4.3 million)
So theaters are hoping those numbers continue throughout this holiday weekend. If this continues, A Quiet Place Part II could make around $50 million this weekend.
That might be wishful thinking, considering projections say around $30 or $35 million, but I think they may be in for a surprise.
The follow-up film — again directed by John Krasinski and led by Emily Blunt — is tracking to have a smaller, though still successful, opening weekend. It’s currently projected to make $30 million through Sunday and $36 million by the time Monday’s holiday rolls around. However, those projections are on the conservative side and could easily increase if momentum sustains through the weekend.
If you’re looking for something to do this weekend, go watch the film…support your local theater. Eat some popcorn.
The horror film franchise ‘Saw‘ has reason to celebrate this week. In total, the franchise has made over $1 billion in worldwide ticket sales.
This coming after the latest installment, Spiral, earned another $4.5 million in North America and nearly $3 million overseas. Prior to the release of ‘Spiral’ the franchise stood at around $978 million at the box office, so this latest entry has earned over $20 million so far.
‘Spiral’ certainly hasn’t had impressive numbers at the box office. It also performed rather terribly with critics, but still, you have to imagine the studio is happy.
After all, it was made on a $20 million budget. Every ‘Saw’ film has been made on a modest budget, especially when compared to how much it’s made at the box office throughout the past 16 years.
James Wan and Leigh Whannell created the ‘Saw’ franchise, revolving around the mysterious and disturbing Jigsaw Killer, who puts his victims through deadly games to test their will to live. It kicked off with 2004’s ‘Saw,’ which earned a massive $103 million worldwide from a $1.2 million budget.