Ah, the dog days of summer in August. It's the time when studios start dumping movies. Sure there can be a surprise in this month (see District 9 two years ago this weekend), but the lower box office volume in August simply works against most films succeeding. A quick look at the numbers: a typical weekend in May or June totals $150 million for the top 12 films, while a typical weekend in July balloons to over $160 million. But an average weekend in August musters only $110 million, and by September it is under $80 million. With that background, four films open this weekend, and we expect none to come anywhere close to $100 million domestic box office and most to be closer to $50 million.
Opening at more than 3,100 theaters, Final Destination 5 should average a somewhat above par $7,000 per theater (for $21.5 million for Friday-Sunday). We don't have a sense of critical reception yet, as there are too few reviews posted at RottenTomatoes. But most horror movies, regardless of reviews, are doomed to steep declines each weekend. This entry should have a low domestic multiple and end up around $50 million total in North America.
Opening at 2,511 theaters, The Help should average $6,720 from Friday-Sunday (for a $17 million weekend). The film already opened Wednesday, and we are estimating $10 million Wednesday-Thursday for a five-day opening of $27 million. Critics have been broadly positive about The Help (73% positive at RottenTomatoes), as is our own Mitch Salem in his review. As we have seen in the past, this critical buzz can mean small declines in coming weekends. A conservative forecast also puts The Help as a $65 million movie in North America, although this number will be revised upward if the second weekend is especially impressive.
Finally, opening at about 1,800 theaters, Glee: The 3D Concert Movie should average $4,500 per theater (for an $8 million opening weekend). (The average wide-release film averages $4,900 per theater in its opening weekend). Reviews have been positive so far at RottenTomatoes, but the small number of reviews so far prevents us from making a definitive call. In all likelihood, fans of the Fox TV show will see the movie early in its run or wait for it on pay per view at home, meaning the concert film will not have legs at the box office. Glee 3D is probably headed for a domestic total of $20 million, if that.
(millions)
New Films Critics Opening Domestic
August 12-14 Positive Weekend Total*
Final Destination 5 WB R n/a $ 21.5 $ 50
30 Minutes or Less Sony R 47% $ 17.5 $ 60
The Help Dis/DW PG13 73% $ 17.0 $ 65
Glee: The 3D Concert Fox PG n/a $ 8.0 $ 20
Note: Although critic reviews are not related to the size of the opening weekend, they are significantly correlated with the size of the declines in the opening weeks of a movie.
The Help Dis/DW PG13 73% $ 17.0 $ 65
Glee: The 3D Concert Fox PG n/a $ 8.0 $ 20
Note: Although critic reviews are not related to the size of the opening weekend, they are significantly correlated with the size of the declines in the opening weeks of a movie.
* The Domestic Total is a very early ShowBuzzDaily projection of the total North American gross, based on the Weekend Forecasts.
Rise of the Planet of the Apes should remain #1 with a fairly average 51% decline (though that is a good number for a sci-fi movie), while The Change-Up should decline 47% from a much smaller base. The Smurfs should decline a decent 40%, continuing its solid run.
(millions)
Major Returning Films Change This Domestic
August 12-14 vs wknd 1 Weekend Total*
Rise of Planet of Apes Fox -51% $27 $158
The Smurfs Sony -40% $12.5 $127
Cowboys & Aliens Uni -52% $ 7.5 $101
Crazy, Stupid, Love. WB -36% $ 7.5 $ 76
The Change-Up Uni -47% $ 7 $ 35
Captain America Par -46% $ 7 $179Cowboys & Aliens Uni -52% $ 7.5 $101
Crazy, Stupid, Love. WB -36% $ 7.5 $ 76
The Change-Up Uni -47% $ 7 $ 35
Harry Potter Deathly 2 WB -42% $ 7 $368
Box Office Volume
For the past four years, the top 12 films in the comparable weekend have averaged $121 million total, ranking 25th of 52 weeks. Last year this weekend's total was $132 million, and the year before was $125 million. This Friday-Sunday is looking like another up weekend at $146 million, up about 10% from this weekend last year. This would be the fifth up weekend in a row, although not as big an increase as we have seen the last several weeks.
This Weekend Last Two Years
8.13.10
8.13.10
The Expendables LG R Sylvester Stallone Jason Statham
Opening Weekend -- Forecast: $31 Actual: $35
Domestic Gross -- Estimate: $107 Actual: $103
International -- Estimate: n/a Actual: $171
Eat Pray Love SONY PG13 Julia Roberts Javier Bardem
Opening Weekend -- Forecast: $23 Actual: $23
Domestic Gross -- Estimate: $78 Actual: $81
International -- Estimate: n/a Actual: $124
Scott Pilgrim vs the World UNI PG13 Michael Cera Mary Elizabeth Winstead
Opening Weekend -- Forecast: $15 Actual: $11
Domestic Gross -- Estimate: $38 Actual: $31
International -- Estimate: n/a Actual: $16
8.14.09
District 9 SONY R
Opening Weekend -- Forecast: $29 Actual: $37
Domestic Gross -- Estimate: $125 Actual: $116
International -- Estimate: n/a Actual: $89
Time Traveler's Wife WB PG13 Rachel McAdams Eric Bana
Opening Weekend -- Forecast: $18 Actual: $19
Domestic Gross -- Estimate: $61 Actual: $63
International -- Estimate: n/a Actual: $37
Ponyo DIS G
Opening Weekend -- Forecast: n/a Actual: $4
Domestic Gross -- Estimate: $20 Actual: $15
International -- Estimate: n/a Actual: $186
(500) Days of Summer FOX PG13 Zooey Deschanel Joseph Gordon-Levitt
Opening Weekend -- Forecast: n/a Actual: $3
Domestic Gross -- Estimate: $34 Actual: $32
International -- Estimate: n/a Actual: $26
Come back throughout the weekend to see how the movies actually perform. Saturday morning we will have an early look at how the weekend is shaping up as a whole (based on Friday's early numbers), on Sunday we will have initial studio estimates (based on Friday and Saturday), and Monday we will have the final numbers for the entire weekend.
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