Weekend Box Office Breakdown! – (6/30 – 7/2)

Welcome back Beardlings to the Weekend Box Office Breakdown, where we take look at the box office grosses of the 5 most popular movies of the weekend!

As always, here are the numbers courtesy of Box Office Mojo:

1. Despicable Me 3 – $75,410,275 – New Release
2. Baby Driver – $21,000,000 – New Release (Wednesday Release)
3. Transformers: The Last Knight – $17,000,00 – 62.0% Drop
4. Wonder Woman – $16,100,000 – 35.4% Drop
5. Cars 3 – $9,524,000 – 60.4%

Lots of good stuff to talk about this week, as per usual.  Starting off with Despicable Me 3, it was a good weekend for Gru and his little yellow pals.  This is the third best opening weekend of the four movie franchise, which may sound bad but it’s going up against the insane $115 million opening of Minions and it is only $8 million away from Despicable Me 2, considering it’s competing against Cars 3, that’s a pretty solid opening weekend.

Next up is Baby Driver, and I am so so happy that this film made some serious money.  I was lucky enough to get out on Wednesday night and go see it and I loved every minute of it.  (Read my review here.) Baby Driver is a fantastic movie and if you haven’t seen it, take the holiday and go check it out.  This is also great for Edgar Wright as this is his biggest domestic opening weekend by a large margin, the next closest one being Scott Pilgrim vs. the World which had an opening weekend of $10.6 million.  Not only that, this is already close to being his highest grossing film (domestically) as it’s 5 day total of $30 million is damn close to the domestic lifetime total of the aforementioned Scott Pilgrim vs the World which grossed $31.5 million.  Good on you Mr. Wright, I think you’ve got a winner here.

Now, about the last three entries in the Top 5 this week: I think the numbers clearly illustrate the contrast between good movies that people are clamoring for and mediocre (or worse) movies that no one really asked for. Yet again, Wonder Woman dropped less than 40%, dropping only 35.4% this week and that is even with Wonder Woman being dropped from 529 theaters. Compare those numbers to Transformers: The Last Knight which dropped 62.0% in it’s second week even despite being added on at 63 theaters. Audiences are speaking out with their wallets and it’s clear that people want Wonder Woman and are luke-warm on Transformers. As for Cars 3, I would say that part of it’s 60.4% drop is due to people being straight up uninterested but Despicable Me 3 also stole some of it’s audience this weekend.

Also of note this week is that The House, the new Will Ferrell/Amy Poehler comedy, didn’t even crack the Top 5, making only $9 million.  Ouch…..

Next week Spider-Man: Homecoming drops and I have no doubt that it will dominate the box office probably raking in upwards of $100 million.  My predictions for next week are as follows:

1. Spider-Man: Homecoming
2. Despicable Me 3
3. Baby Driver
4. Wonder Woman
5. Transformers: The Last Knight

What do you think of this weeks box office numbers? How do you think next week will shake out?  Sound off in the comments!

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Until next time, Thank You for reading and…

SEE YOU AT THE CINEMA!!!

Weekend Box Office Breakdown – June 23rd-25th

Here we are again at the end of the weekend which means its time to talk about how things went at the Box Office and just like every week, there’s definitely some interesting things to break down! Lets get into it, starting off with the Weekend Box Office Estimates courtesy of BoxOfficeMojo.com.

1. Transformers: The Last Knight – $45,300,000 – New Release (Released Wed 6/21)
2. Cars 3 – $25,175,000 – 53.1% Drop
3. Wonder Woman – $25,175,000 – 39.0% Drop
4. 47 Meters Down – $7,435,000 – 33.6% Drop
5. All Eyez On Me – $5,850,000 – 77.9% Drop

The big release from this past weekend, and quite honestly the biggest story maker from this past weekend, is Transformers: The Last Knight which pulled in the lowest opening weekend box office numbers of the entire Transformers franchise.  Now one could argue that releasing the movie on Wednesday instead of Friday had an impact on its weekend earnings, and it most certainly did, however if you look at the box office grosses from Wed-Sun it comes to $69,095,489 which is still just a hair under what the original Transformers pulled during it’s opening weekend back in 2007.  This may signal that American audiences are tired of the popcorn movie, “pretty to look at but not much there”, summer fluff that is Michael Bay’s Transformers.  It should also be noted though, that while America didn’t go see Transformers: The Last Knight, everywhere else did, as it made a whopping $196.2 million overseas.

Next big story from this week, again has to be Wonder Woman taking a really small drop as compared to what summer blockbusters normally do.  And not only that, but seeing it make the same money in its fourth week of release that Cars 3 did in it’s second week of release is nothing short of astounding.  People weren’t really clamoring for a third Cars movie but they are damn sure going to see Wonder Woman.  As is stands now, Wonder Woman has already beaten the domestic gross of Man of Steel ($291 million) and is closing on on both Suicide Squad ($325.1 million) and Batman V. Superman: Dawn of Justice ($330.4 million) as it has hauled in $318.4 million. I would be willing to bet money that Wonder Woman will surpass the domestic totals of all the other DCEU films by the end of next weekend.

Also of note this past weekend is that 47 Meters Down not only had a very small drop in it’s box office from first to second week in release, but that it moved up a slot in the top 5, from the 5th slot to the 4th slot, as the Tupac biopic All Eyez on Me took a huge 77.8% drop from it’s first to second week.  It seems word of mouth is keeping 47 Meters Down afloat but everyone that wanted to see All Eyez on Me did so in its first week of release.

Looking ahead to next week, the box office results seem to be anyone’s guess. Baby Driver is getting incredible reviews and releases on Wednesday (I’m planning on seeing it that night, YAY!) but it’s going up against some strong competition in the Will Ferrell/Amy Poehler comedy The House and the other third installment in a family-friendly, animated franchise to come out this summer, Despicable Me 3 (maybe people will actually go see this one, unlike Cars 3).

That’s it for this week folks, be sure to check back next weekend for another all new Weekend Box Office Breakdown!

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Until next time, Thank You for reading and…

SEE YOU AT THE CINEMA!!!

Weekend Box Office Breakdown: June 16th – 18th

Welcome back Beardlings to a new edition of the Weekend Box Office Breakdown!  I know it’s been awhile since we’ve discussed the weekend box office numbers but the results from this past weekend was interesting enough to warrant resurrecting this series (with a new format).  Without any further ado, lets get into it!

The Numbers:

1. Cars 3 – $53,688,680 – New Release
2. Wonder Woman – $41,268,850 – 29.5% Drop
3. All Eyez On Me – $26,435,354 – New Release
4. The Mummy (2017) – $14,510,960 – 54.2% Drop
5. 47 Meters Down – $11,205,561 – New Release

There are a number of interesting things going on here but lets start at the top with Cars 3.  $53.7 million is a lot of money, like a LOT, but when looking at it in comparison with the rest of the Cars and Pixar films in general, one can’t help but draw the conclusion that the Cars 3 opening weekend numbers are a bit of a disappointment.  Back in 2006, Cars had an opening weekend gross of $60.1 million and then the follow up in 2011, Cars 2, grossed $66.1 million – a decent 10% improvement over the franchise’s first entry. But then we get to Cars 3 taking a 10%+ drop over the original and that’s just not good, studios usually want sequels to make more than the original because, well, duh… Aside from being the lowest opening of the Cars franchise, Cars 3 also has the lowest gross for a Pixar movie in the last 10 years, since Ratatouille (not counting The Good Dinosaur which, while being a Pixar film, never quite felt like a “Pixar film”).  Now, I’m not saying Pixar is in trouble due to a lackluster opening by Cars 3, just that maybe no one was really asking for Cars 3 and we’re all just waiting ever so patiently for that Incredibles sequel we’ve been promised (come on June 2018)!

Next up is Wonder Woman and oh my what a weekend for the Princess of Themyscira. Most big summer block busters drop around 50% or more week over week but not this one.  Wonder Woman dropped only 43.3% from its first to second week and now only 29.5% from its second to its third week?  That’s not just incredible, that’s down right Amazonian! (Yes, I like easy puns, leave me alone.) Just for the sake of comparison Guardians of the Galaxy Vol. 2 dropped 55.5% from its first to second week in release and then 46.9% from its second to third week.  Wonder Woman is definitely showing that it has legs at the box office and on screen (HA! Easy puns….).

As for the rest of the weekend box office, All Eyez on Me pulling in $26.5 million is rather impressive in my eyes given the 22% Rotten rating it has on Rotten Tomatoes and that I saw next to no marketing for it.  Although I will readily admit that I am far from the target demographic for that particular film.  The Mummy (2017) continues to disappoint domestically while staying #1 in the foreign box office.  Actually, after this weekend, 80.6% of it’s $293.9 million gross box office take has been from the foreign markets.  Not sure what that means for the future of Universal’s Dark Universe (interconnected movie franchise featuring updated versions of all the old classic Universal monsters) but hopefully they stay the course and right the ship.

And lastly, we come to 47 Meters Down, which made me say “Aww hell no!” when watching the trailers.  $11.2 million might feel like a disappointing opening but given that it’s production budget was only $5 million this movie is probably close to breaking even as it stands, even when considering its marketing budget.  Going forward, most money this movie makes is just gravy which is good for the movie but also great for the distribution company, Entertainment Studios, as this is it’s first feature film.

All in all, seems like a great weekend at the box office with plenty of life left in the summer movie season and a handful of great summer movies yet to come!

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Until next time, Thank You for reading and…

SEE YOU AT THE CINEMA!