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Box Office Report: ‘It’ eats new releases ‘American Assassin’ and ‘mother!’ to remain on top in second weekend

Posted on September 18, 2017 by Kyle Kizu Leave a comment

Monster hit It once again took home the top spot at the box office, drawing in an estimated $60 million this past weekend, bringing the domestic total of the Stephen King adaptation to $218.71 million. With many weekends still left to devour, It already stands as the eighth largest domestic grossing film of the year and will jump past The Fate of the Furious, Logan and Despicable Me 3 to the fifth spot by the end of next weekend. By the end of its run, the film could challenge Spider-Man: Homecoming, which brought in $1.875 million this weekend to hit $330.26 million domestically, and even, if it has as strong of legs as it seems rearing up to, the $389.8 million of Guardians of the Galaxy Vol. 2.

New releases took the second and third spots of the weekend. The Michael Keaton-starring action film American Assassin racked up an estimated $14.8 million domestically. On a $33 million production budget, the film looks like it might just make its money back, needing to reach about $70 million worldwide to turn a profit.

Darren Aronofsky’s art house horror film mother! struggled at the box office, only making an estimated $7.5 million, likely due to an incredibly unmarketable story (and thus, poor trailers), a shifted release date and divisive reception from both critics and fans. With word of the intense reactions to the film spreading, it would be hard to imagine it fairing any better relatively next weekend. On a $30 million production budget, Aronofsky’s latest is shaping up to lose money. It’ll need strong international showing to prove otherwise.

The Reese Witherspoon romantic comedy Home Again took home an estimated $5.33 million in its second weekend, bringing its domestic total to $17.13 million. The film will turn a profit on its $12 million production budget, likely ensuring that many more cookie cutter studio rom-coms will continue to be made.

Wind River is turning out to be one of the more successful independent films of the year, catching an estimated $2.55 million in its fourth weekend wide, during which it has stayed between the 7th and 3rd spot — the middle of the pack.

Finally, Dunkirk incredibly maintains a top ten spot for the ninth weekend in a row — the entirety of its release — pulling in an estimated $1.3 million to shoot its domestic total up to $185.14 million. It seems like Christopher Nolan’s war film will pretty much, by the end of its run, match the domestic take of Interstellar, which made $188 million in US and Canada markets. Worldwide, Dunkirk is pushing $510 million, currently sitting at $508.34.

All films will have trouble doing similar relative business next weekend due to the releases of Kingsman: The Golden Circle, Battle of the Sexes and Stronger. Hopefully, the order will be more interesting then.

*All weekend numbers are domestic, meaning that they’re from theaters in the US and Canada, and are also estimates, reported by Box Office Mojo, with actuals coming out in the next few days.*

Featured image via Warner Bros.

Box Office Report: ‘It’ feeds on box office, floats to largest horror opening record with $117+ million

Posted on September 10, 2017 by Kyle Kizu Leave a comment

Box office tracking once again severely underestimated a film’s potential, with It blowing away initial $50 million predictions to make an estimated $117.15 million this weekend, according to Box Office Mojo. Other estimates have pushed as far as $125 million.

Not only is this a massive win for the film, but it puts It among the top of the entire year and, in certain categories, of all time. With $117.15 million, It‘s opening weekend will outgross that of Spider-Man: Homecoming, Wonder Woman, The Fate of the Furious and Logan (not combined). At the moment, the Stephen King adaptation, directed by Andy Muschietti and starring Bill Skarsgård as Pennywise the Dancing Clown, only stands behind Guardians of the Galaxy Vol. 2 and Beauty and the Beast, and should stay in the top 10 openings of 2017 once the year is over.

That number also marks the largest September opening ever by nearly $70 million (and possibly more so if the actuals turn out to be $125+ million) and the largest opening for a horror film ever. It falls just short of the largest R-rated opening, which belongs to Deadpool at $132.4 million.

On merely a $35 million production budget and with upwards of $60 million taken internationally, It has already made it’s money back, and then some. A sequel is in the works, but New Line Cinema (a label of Warner Bros.) will be very comfortable financing the next chapter, and perhaps offering it a larger production budget.

The weekend’s #2 is a sharp fall off from It, as Home Again, the Reese Witherspoon romantic comedy, grossed an estimated $9 million. That marks almost a $110 million difference between first and second place.

After three weekends at the number 1 spot, The Hitman’s Bodyguard falls to #3, taking an estimated $4.85 million. Despite less than favorable critical ratings, the film, made for $30 million, is massively successful.

Wind River continues a very solid run after expanding wide, with its domestic total exceeding $25 million, assuredly making its money back.

Finally, after releasing in every market, Dunkirk will soon wrap up its theatrical run. It stayed in the top 10 this weekend, landing #8 with an estimated $1.95 million. Its $183 million domestic total nears Interstellar‘s $188 million, and has a chance at passing it. The film should also reach $500 million worldwide, currently standing at $492 million, which already distinguishes it as the largest grossing World War II film of all time (not adjusted for inflation).

*All weekend numbers are domestic, meaning that they’re from theaters in the U.S. and Canada, and are also estimates, reported by Box Office Mojo, with actuals coming out in the next few days.*

Featured image via Warner Bros.

Box Office Report: As summer closes, box office reaches historic low with top earner merely making $10 million

Posted on August 28, 2017 by Kyle Kizu Leave a comment

Box Office Report for the weekend of August 25 to August 27:

As the summer closes with its last weekend, the box office has reached the year’s lowest point and, as reported by Box Office Mojo, the worst weekend in about 16 years.

The Ryan Reynolds/Samuel L. Jackson-starring The Hitman’s Bodyguard took home the top spot with an estimated $10.05 million, bringing up its domestic total to approximately $39.61 million. The film’s reported budget is $30 million, meaning that, despite it’s mostly negative reception as it sits at 39% on RottenTomatoes after 143 reviews, it will almost certainly make its money back, and then some. The weekend gross of The Hitman’s Bodyguard, however, is the lowest earning top spot of the year. One would have to go all the way back to the weekend of February 3-5, when M. Night Shyamalan’s Split made $14.42 million, to come close to a worse #1 earner. Some say that the film’s finalized weekend number — its ‘actuals’ — will dip, meaning that it could even sink below $10 million.

Annabelle: Creation placed second with an estimated $7.35 million. Taking place within the Conjuring franchise, which itself has crossed $1 billion, the film should cross $100 million domestically within the coming weeks (it currently sits at $77.88 million). With a budget of $15 million, the horror prequel will be, relatively, one of the year’s most profitable films.

New releases, though, proved incredibly unappealing, with the animated film Leap! being one of only two to break the top ten. The Weinstein Company acquisition, which premiered internationally last year, made only $5.01 million domestically.

Wind River, which performed well during a limited release, expanded to over 2,000 theaters, and took home an estimated $4.41 million at the domestic box office. The indie, coming from Sicario and Hell or High Water screenwriter Taylor Sheridan, features what many critics are calling Jeremy Renner’s best performance.

Christopher Nolan’s Dunkirk stuck around in the top ten after its 6th weekend in theaters, raking in another $3.95 million to claim the 6th spot. At this point, the World War II epic has yet to fall more than 47% from weekend to weekend, and never more than 41% after its second weekend, showing that it has strong legs. With a domestic total currently sitting at $172 million, the film will soon beat The Boss Baby, Get Out and The LEGO Batman Movie to become the highest domestic grossing film that is not a sequel or a franchise vehicle — an accomplishment that Nolan is incredibly familiar with.

After Spider-Man: Homecoming, The Emoji Movie and new release Birth of the Dragon, Girls Trip, like Dunkirk, finds itself in the top ten after its 6th weekend, making an estimated $2.26 million domestically. The all-Black, all-female comedy recently crossed $100 million domestically.

Finally, in a bid for the 5th spot on the “highest domestic grossing superhero films” list, which is currently held by Iron Man 3 at $409.01 million, Wonder Woman added 1,407 theaters, expanding to a total of 2,210. The DC Extended Universe picture took home $1.68 million, bringing its domestic total to $406.2 million. It should claim that 5th spot in due time, putting it behind only The Dark Knight Rises, Avengers: Age of Ultron, The Dark Knight and Marvel’s The Avengers respectively.

The following weekend may be even more abysmal, with very few new releases that could make any notable dent. Unless Tulip Fever somehow strikes a chord with audiences, next weekend’s top earner may be well under $10 million.

The one after that, however, will see the release of It, which Variety reports could make about $50 million domestically its opening weekend, according to early box office tracking. With Jennifer Lawrence’s mother!, Kingsman: The Golden Circle, The LEGO Ninjago Movie and Tom Cruise’s American Made coming in the weeks following, the fall season will hopefully reinvigorate the box office.

*All weekend numbers are domestic, meaning that they’re from theaters in the U.S. and Canada, and are also estimates, reported by Box Office Mojo, with actuals coming out in the next few days.*

‘Girls Trip’ crosses $100 million at the domestic box office

Posted on August 19, 2017 by Kyle Kizu Leave a comment

Girls Trip, the comedy starring Queen Latifah, Jada Pinkett Smith, Reginal Hall and Tiffany Haddish, has just crossed $100 million at the domestic box office, making it the first film produced, directed, written and starring African Americans to do so, according to Blackfilm.com. Helmed by Malcolm D. Lee, director of Barbershop: The Next Cut, Undercover Brother and The Best Man, Girls Trip has been wildly successful in its run.

Releasing the same weekend as Christopher Nolan’s Dunkirk, on July 22, the film pulled in a domestic opening of $31.2 million and only dipped 37% in its second weekend.

Rough Night, another all-female comedy from this summer, merely opened to $8 million domestically and finished its North American run at $22 million. According to Box Office Mojo, Girls Trip had a $19 million production budget and Rough Night had a $20 million production budget.

Baywatch, the male driven comedy starring apparent superstars Dwayne Johnson and Zac Efron, was also beaten by Girls Trip. The remake opened to just $18.5 million domestically and left US and Canada theaters at $58 million.

At the moment, Girls Trip sits as the 20th highest domestic grossing film of the year. Other notable films that it has beaten are Ghost in the Shell, The Dark Tower, The Emoji Movie, Alien: Covenant, The Mummy and Power Rangers. It should pass Baby Driver, which sits at $100.8 million, and has a chance at passing Fifty Shades Darker, which sits at $114.4 million.

In fact, the current top two domestic grossers of the year are female-led films Beauty and the Beast and Wonder Woman.

Regina Hall can be seen in Netflix’s Naked, which stars Marlon Wayans and released on the streaming site on August 11.

First reported by The Hollywood Reporter, Tiffany Haddish will join Kevin Hart and repair with director Malcolm D. Lee for Night School, which is set to open on September 28, 2018.