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WEEKEND BOX OFFICE PREDICTIONS October 21-23

This weekend looks like it will have a very solid opener (the best since August 5, when Rise of the Planet of the Apes bowed) but the weekend as a whole should still lag behind the same weekend last year.  The third Paranormal Activity has its sights set on over $41 million this weekend, while The Three Musketeers should open with $12 million and Johnny English Reborn with a very weak $5.5 million.  Rowan Atkinson might play around the world, but he has very little appeal in the U.S.  The weekend should be about 14% below the same weekend last year, when the second Paranormal Activity opened and the second weekend of Jackass 3-D solidified the weekend's business. 

Opening at more than 3,000 theaters in North America by Paramount, Paranormal Activity 3 should average a very good $13,900 per theater (for $41.5 million for Friday-Sunday).  (All films the last two years have averaged $5,525 per theater in their opening weekend.)  Paranormal Activity 3 has received mostly favorable reviews, with 89% positive at RottenTomatoes.  This horror/suspense film should be on track for around $97 million in North America when it leaves theaters.  For comparison, Paranormal Activity 2 opened with $40.7 million on its way to $84.7 million.  Paranormal Activity opened with $19.6 million on its way to $107.9 million.   

At about 3,000 theaters, The Three Musketeers from Summit should average a soft $3,900 per theater (for $12 million this weekend).  The period action film has a poor 28% positive reviews at RottenTomatoes so far.  This movie is probably headed for around $29 million domestically. 

At only about 1,500 theaters, Johnny English Reborn distributed by Universal should average a weak $3,700 per theater (for $5.5 million this weekend).  The Rowan Atkinson comedy (oh, goodie, yet another one!) has only 40% positive reviews at RottenTomatoes currently.  This movie is probably headed for around $14 million domestically. 


                                               (millions)
New Films                        Critics    Opening  Domestic
October 21-23                    Positive   Weekend   Total*

Paranormal Activity 3   Par  R     89%      $41.5     $ 97 
The Three Musketeers Summit  PG13  28%      $12.0     $ 29

Johnny English Reborn   Uni  PG    40%      $ 5.5     $ 14

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.


The third weekend of Real Steel should be the strongest holdover film this weekend (at a modest $10.3 million), followed closely by the second weekend of Footloose

                                              (millions)
Major Returning Films            Change     This    Domestic
October 21-23                   vs wknd 1  Weekend   Total*

Real Steel            Sony        -37%      $10.3     $ 95

Footloose              Par        -42%      $ 9.0     $ 50
Ides of March       DW/DIS        -32%      $ 5.0     $ 43

Dolphin Tale            WB        -29%      $ 4.5     $ 75
Moneyball             Sony        -32%      $ 3.7     $ 72

The Thing              Uni        -60%      $ 3.5     $ 17
50/50               Summit        -32%      $ 2.9     $ 37 


Box Office Volume

For the past four years, the top 12 films in the comparable weekend have averaged $108 million total, ranking 34th of 52 weeks.  Last year this weekend's total was $120 million and the same weekend in 2009 was $106 million.  This Friday-Sunday is looking like $103 million, down a significant 14% from this weekend last year but down only 5% from the four-year average for this weekend.       


This Weekend Last Two Years


10/22/10

 Paranormal Activity 2 PAR R   
 Opening Weekend -- Forecast: $30  Actual: $41
 Domestic Gross -- Estimate: $103  Actual: $85
 International -- Estimate: n/a  Actual: $92

 Hereafter WB PG13 Matt Damon Bryce Dallas Howard 
 Opening Weekend -- Forecast: $10  Actual: $12
 Domestic Gross -- Estimate: $38  Actual: $33
 International -- Estimate: n/a  Actual: $72

10/23/09

 Saw VI LG R   
 Opening Weekend -- Forecast: $27  Actual: $14
 Domestic Gross -- Estimate: $33  Actual: $28
 International -- Estimate: n/a  Actual: $34

 Astro Boy SUMMIT PG   
 Opening Weekend -- Forecast: $12  Actual: $7
 Domestic Gross -- Estimate: $19  Actual: $19
 International -- Estimate: n/a  Actual: $19

 Cirque Du Freak: The Vampire's Assistant UNI PG13 John C Reilly Ken Watanabe 
 Opening Weekend -- Forecast: $10  Actual: $6
 Domestic Gross -- Estimate: $16  Actual: $14
 International -- Estimate: n/a  Actual: $20

 Amelia FOX PG Hilary Swank Ewan McGregor 
 Opening Weekend -- Forecast: $5  Actual: $4
 Domestic Gross -- Estimate: $12  Actual: $14
 International -- Estimate: n/a  Actual: $5

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 actuals), and Monday we will have the final weekend numbers.

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