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Showing posts with label movies. Show all posts
Showing posts with label movies. Show all posts

WEEKEND STUDIO ESTIMATES January 13-15

The weekend studio estimates (based on Friday and Saturday actuals and projections for Sunday) are coming in very similar to the weekend numbers posted yesterday (based on Friday actuals only).  Contraband is leading the pack, but the 3D re-issue of Beauty and the Beast should have slightly better legs in the long run.  Joyful Noise is not a real factor at the box office.  The three-day weekend is looking like $114 million for the top 12 films, about even with last year's weak number and down 20% from a typical three-day frame this time of year.  We concentrate on three-day, Friday-Sunday performance each weekend so that weekends can be compared against on equal terms.  Also, our model for ultimate domestic final numbers is built around three-day performance and drop-offs each week, with Monday-Thursday performance factored in on a second pass.  Others report the higher four-day numbers (the studios certainly do not object to that) on weekends like this, but we choose to focus on the three-day for methodical, consistent analysis of the data.   

The ShowbuzzDaily Domestic Final estimates now show that the films opening wide this weekend are headed for:  Beauty and the Beast 3D ($86 million), Contraband ($70 million), Joyful Noise ($32 million) and The Iron Lady ($20 million).

The two films that opened or expanded wide last weekend were adjusted downward somewhat:  The Devil Inside ($52 million) and Tinker Tailor Soldier Spy ($26 million).  The Devil Inside's drop of 77% this weekend puts it in the top 10 fall-offs (looking at films in 1,000+ theaters), right around the drop for the equally-horrifying Jonas Brothers: 3D Concert Experience (-77.4%) and From Justin to Kelly (-77.0%).  The king of all wide-release drops remains the Ben Affleck, Jennifer Lopez masterpiece Gigli (-81.9%). 


January 13-15                       Wknd     vs     Showbuzz
(millions)                         Studio   Last    Domestic
                                    Proj.   Wknd     Final* 

Contraband                (Uni)     $24.1             $ 70
Beauty and the Beast 3D   (Dis)     $18.5             $ 86
Mission: Impossible 4     (Par)     $11.5   -42%      $223 
Joyful Noise               (WB)     $11.3             $ 32
Sherlock Holmes 2          (WB)     $ 8.4   -39%      $190
The Devil Inside          (Par)     $ 7.9   -77%      $ 52
Girl Dragon Tattoo       (Sony)     $ 6.8   -40%      $110

Alvin and the Chipmunks 3 (Fox)     $ 5.8   -39%      $127
War Horse              (DW/Dis)     $ 5.6   -35%      $ 86
The Iron Lady           (Weins)     $ 5.4   +2954%    $ 20
We Bought a Zoo           (Fox)     $ 5.2   -37%      $ 80
Adventures of Tintin   (DW/Dis)     $ 4.0   -41%      $ 81
Tinker Tailor Solider Spy (Foc)     $ 3.2   -42%      $ 26  
The Descendants           (Fox)     $ 2.0   -21%      $ 57 



Note: The table above summarizes the weekend as of Sunday.  The first column (on which the table is sorted) displays the "studio projection" for each film, based on the Friday and Saturday actual numbers (and a studio-supplied estimate of Sunday).  The second column is the percent decline from the prior weekend.  The final column is a preliminary estimate of the ShowbuzzDaily Domestic Total Gross for the film's complete run in North America.  A "++" indicates the Domestic number has been upgraded; a "--" indicates a downgrade.  



Total Box Office Volume 

The Top 12 Films this weekend are looking like $114 million total Friday-Sunday, down 1% from the same calendar weekend last year and down a more significant 20% from the typical volume for this weekend in other years.          

Top 12 Films: Weekend #2 (FRIDAY-SUNDAY ONLY)



     Volume    Movies Opening Each Weekend (millions)
2012  $114  Contraband $24, Beauty Beast 3D $18, Joyful Noise $11

2011  $115  Green Hornet $33.5, The Dilemma $18  
2010  $157  Book of Eli $33, Lovely Bones $17, Spy Next Door $10
2009  $165  Paul Blart $32, My Bloody Valentine $21 Notorious $20

2008  $132  Cloverfield $40, 27 Dresses $23, Mad Money $8

2008-11
Avg   $142


Next Weekend 

Next weekend, Underworld Awakening from Sony, Red Tails from 20th Century Fox and Haywire from Relativity open wide.  These openings will be compared to No Strings Attached ($19.7 million opening weekend) from the same weekend in 2011.  

Look for final weekend figures Monday and international results later today

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FRIDAY JANUARY 13 BOX OFFICE RESULTS

The second weekend of 2012 looks better than we forecast (Contraband and Beauty and the Beast 3D are ahead of the ShowBuzzDaily weekend predictions), but the weekend is still looking pretty soft.  The top 12 films should total about $113 million, down 2% from the same weekend last year (which was pretty bad).  More important, this weekend is down 21% from the average comparable weekend over the past several years.   

Contraband is opening better than forecast, pulling in almost $9 million Friday and an estimated $24 million for the three-day opening weekend, compared to a $16.5 million ShowBuzzDaily forecast.  Contraband is headed for a preliminary $70 million total domestic.  


Beauty and the Beast 3D is also exceeding our prediction: opening with almost $6 million Friday on its way to almost $19 million for Friday-Sunday, ahead of the $14 million prediction.  The 3D re-issue is headed for $87 million total domestic.

Joyful Noise is more in line with our expectations: over $3 million Friday and almost $11 million this weekend, just under the $12 million forecast. 

 The Devil Inside looks to be down 77% Friday-Sunday compared to the opening weekend, and we have taken down the exorcism film down to $55 million total estimated domestic.

In case you missed them, click to see this week's Weekend Predictions
  
January 13-15, 2012     Pre-Wknd    Wknd            Showbuzz
(millions)              Showbuzz    Early    FRI    Domestic
                        Forecast    Proj.   Actual   Final

Contraband (Uni)         [$16.5]    $24.1   $ 8.7     $ 70
Beauty & Beast 3D (Dis)  [$14.0]    $18.8   $ 5.6     $ 87
Mission: Impossible 4 Par[$11.5]    $11.4   $ 3.3     $223
Joyful Noise (WB)        [$12.0]    $10.7   $ 3.3     $ 31
Sherlock Holmes 2 (WB)   [$11.5]    $ 8.3   $ 2.4     $190
The Devil Inside (Par)   [$ 9.0]    $ 7.7   $ 2.7     $ 55
Girl Dragon Tattoo (Sony)[$ 7.5]    $ 6.2   $ 1.9     $109
War Horse (DW/Dis)       [$ 5.0]    $ 6.0   $ 1.6     $ 87
We Bought a Zoo (Fox)    [$ 5.0]    $ 5.6   $ 1.4     $ 81
Iron Lady (Wein)         [$ 3.5]    $ 5.4   $ 1.6     $ 20
Alvin & Chipmunks 3 (Fox)[$ 6.0]    $ 5.2   $ 1.2     $126
Adventures Tintin (Par)  [$ 4.5]    $ 3.5   $ 0.8     $ 80


Note: The table above summarizes an early look at the weekend.  The first column is a reminder of each film's ShowBuzzDaily Forecast for the weekend (in brackets).  The second column, on which the films are sorted, displays the new weekend projection for each film, based on the Friday numbers (the third column).  The final     column is a preliminary estimate of the ShowbuzzDaily Domestic Total number for the film's total run in North America.  A "++" indicates the Domestic number has been upgraded; a "--" indicates a downgrade.  


Total Box Office Volume 

The Top 12 Films this weekend are looking like $113 million total Friday-Sunday, down 2% from the same calendar weekend last year and down a more significant 21% from the typical volume for this weekend in other years.          

Top 12 Films: Weekend #2


     Volume    Movies Opening Each Weekend (millions)
2012  $113  Contraband $24, Beauty Beast 3D $19, Joyful Noise $11

2011  $115  Green Hornet $33.5, The Dilemma $18  
2010  $157  Book of Eli $33, Lovely Bones $17, Spy Next Door $10
2009  $165  Paul Blart $32, My Bloody Valentine $21 Notorious $20

2008  $132  Cloverfield $40, 27 Dresses $23, Mad Money $8

2008-11
Avg   $142


Check back tomorrow for updated weekend figures and revised estimates for domestic final grosses.

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WEEKEND BOX OFFICE PREDICTIONS January 13-15

The second weekend of 2012 looks to be fairly anemic: $103 million for the top 12 films for the traditional three-day Friday-Sunday period.  This would be down 11% from the same weekend in 2011 and down 28% from the same weekend average for the past several years.  Basically, there is just not enough heat or buzz for the crop of movies this weekend.  Not that the movies look bad or bomb-like -- just positively mediocre.           


Opening at over 2,750 theaters, Contraband from Universal should average a so-so $5,900 per theater (for $16.5 million Friday-Sunday).  [The average wide-release film the past two years has had an opening three-day weekend of $5,525 per theater.]  Very few reviews are posted for this film on RottenTomatoes, not nearly enough to summarize critical sentiment.  Contraband is on track for a preliminary $51 million domestically.     

Re-released in about 2,500 theaters, Beauty and the Beast 3D from Disney should average around $5,600 per theater (for $14.0 million Friday-Sunday).  The film should be on track for about $50 million domestic final for this re-issue, about half of what Lion King in 3D did.  We might be low-balling this -- but, hey, we will know soon enough late Friday night/ Saturday morning.

Joyful Noise from Warner Brothers should average a below par $4,500 per theater at around 2,700 theaters ($12.0 million from Friday-Sunday).  This mashup of Queen Latifah and Dolly Parton should be on track for a final tally of $37 million domestic. 



                                               (millions)
New Films                        Critics    Opening  Domestic
January 13-15                    Positive   Weekend   Total*

Contraband               Uni  R     n/a      $16.5     $ 51
Beauty & Beast 3D        Dis  G     91%      $14.0     $ 50

Joyful Noise             WB   PG13  n/a      $12.0     $ 37
Iron Lady                Wein PG13  55%      $ 3.5     $ 15

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.

A horrific drop is in store for The Devil Inside in its second weekend, moving its weekend tally below that for Mission: Impossible -- Ghost Protocol, which is still pretty impressive at almost $12 million in its fourth weekend.   

                                              (millions)
Major Returning Films            Change     This    Domestic
January 13-15                   vs wknd 1  Weekend   Total*


Mission: Impossible 4   Par       -41%      $11.5     $234
The Devil Inside        Par       -73%      $ 9.0     $ 63 
Sherlock Holmes 2        WB       -40%      $ 8.0     $190
Girl Dragon Tattoo     Sony       -36%      $ 7.5     $109
Alvin & Chipmunks 3     Fox       -36%      $ 6.0     $132
War Horse            DW/Dis       -40%      $ 5.0     $ 84
We Bought a Zoo         Fox       -41%      $ 5.0     $ 79
Adventures of Tintin    Par       -34%      $ 4.5     $ 82


   

Box Office Volume

For the past four years, the top 12 films in the comparable weekend have averaged $142 million total, ranking 17th of 52 weeks.  Last year this weekend's total was $115 million, and the same weekend in 2010 was $157 million.  This Friday-Sunday is looking like a soft $103 million, down 11% from this weekend last year but down 28% from an "average" comparable weekend.          


This Weekend Last Two Years



1/14/11

 Green Hornet SONY PG13 Seth Rogen Cameron Diaz 
 Opening Weekend -- Forecast: $38  Actual: $34
 Domestic Gross -- Estimate: $106  Actual: $99
 International -- Estimate: n/a  Actual: $129

 The Dilemma UNI PG13 Vince Vaughn Kevin James 
 Opening Weekend -- Forecast: $23  Actual: $18
 Domestic Gross -- Estimate: $52  Actual: $48
 International -- Estimate: n/a  Actual: $20

1/15/10

 The Book of Eli WB R Denzel Washington  
 Opening Weekend -- Forecast: $32  Actual: $33
 Domestic Gross -- Estimate: $99  Actual: $95
 International -- Estimate: n/a  Actual: $62

 The Spy Next Door LG PG Jackie Chan George Lopez 
 Opening Weekend -- Forecast: $15  Actual: $10
 Domestic Gross -- Estimate: $25  Actual: $24
 International -- Estimate: n/a  Actual: $19

 The Lovely Bones PAR PG13 Mark Wahlberg Rachel Weisz 
 Opening Weekend -- Forecast: $10  Actual: $17
 Domestic Gross -- Estimate: $50  Actual: $44
 International -- Estimate: n/a  Actual: $50



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, 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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FULL WEEK BOX OFFICE ACTUALS and YEAR TO DATE January 2-8

2012 is underway, and the first week of the year (January 2-8) which includes strong early week business for the holiday holdovers and a better than expected weekend from low-budget The Devil Inside was up substantially from both the same week last year (absolutely jinxed by Nic Cage's Season of the Witch) and a broader average of similar weeks from recent years.       


The Past Week: Total Box Office Volume

All films in wide release playing between January 2 and January 8 grossed $224 million, up a stellar 39% from the same week in 2011 and even more impressive (because the first part of 2011 was such a disaster of an outlier) up 24% from the average comparable week the past four years.      

All Wide-Release Films January 2-8
(millions)           4yr              vs      vs
             2011    Avg     2012    2011    Avg

Week #1      $161    $181    $224   
+39%    +24%

Year to Date $161    $181    $224   
+39%    +24%



Updated Estimates of Final Grosses

The ShowbuzzDaily Domestic Grosses (the estimated North American gross when the film ends its run) are summarized below for films released the last six weeks.  Pay attention to the final domestic grosses, which are much more important than individual weekend grosses and especially weekend rankings. 


Mission: Impossible -- Ghost Protocol $234 million (95 percentile)
Sherlock Holmes: A Game of Shadows $190 million (92 percentile)
Alvin and the Chipmunks: Chipwrecked $132 million (86 percentile)
Girl with the Dragon Tattoo $109 million (81 percentile)
War Horse $84 million (73 percentile) 
Adventures of Tintin $82 million (72 percentile)We Bought a Zoo $79 million (71 percentile)
The Devil Inside $65 million (65 percentile)
New Year's Eve $59 million (60 percentile)
Tinker Tailor Soldier Spy $31 million (35 percentile)
The Sitter $31 million (34 percentile)
Darkest Hour $25 million (28 percentile)
Young Adult $16 million (16 percentile)


Weekend Predictions for January 13-15 should be posted late Wednesday.

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WEEKEND STUDIO ESTIMATES January 6-8

The Devil Inside looks like a $34-35 million opening weekend based on studio estimates (Friday and Saturday actual results with estimates for Sunday).  The top 12 films combined total this weekend has been reduced to $128 million, still 7% ahead of the typical total for the comparable weekend in past years and 30% above the very low total for this weekend last year.

The ShowbuzzDaily Domestic Final estimates now show that the films opening wide this weekend are headed for: The Devil Inside ($66 million) and Tinker Tailor Soldier Spy ($32 million).

The Christmas weekend movies are settling into a fairly consistent set of final gross estimates: Girl with the Dragon Tattoo ($109 million), War Horse ($84 million), Adventures of Tintin ($82 million), We Bought a Zoo ($79 million) and The Darkest Hour ($25 million).

In the battle of the sequels, Sherlock Holmes: A Game of Shadows ($190 million) and Alvin and the Chipmunks: Chipwrecked ($132 million) are even with last week's final domestic gross estimates, while Mission: Impossible -- Ghost Protocol ($235 million) has been adjusted up slightly again.


January 6-8                         Wknd     vs     Showbuzz
(millions)                         Studio   Last    Domestic
                                    Proj.   Wknd     Final* 

The Devil Inside          (Par)     $34.5             $ 66
Mission: Impossible 4     (Par)     $20.5   -30%      $235
Sherlock Holmes 2          (WB)     $14.1   -33%      $190
Girl Dragon Tattoo       (Sony)     $11.4   -23%      $109
Alvin and the Chipmunks 3 (Fox)     $ 9.5   -42%      $132
War Horse              (DW/Dis)     $ 8.6   -40%      $ 84
We Bought a Zoo           (Fox)     $ 8.5   -36%      $ 79
Adventures of Tintin   (DW/Dis)     $ 6.6   -42%      $ 82
Tinker Tailor Solider Spy (Foc)     $ 5.8   +431%     $ 32
New Year's Eve          (WB/NL)     $ 3.3   -48%      $ 59
Darkest Hour              (Sum)     $ 3.1   -25%      $ 25
The Descendants           (Fox)     $ 2.6   -24%      $ 52 



Note: The table above summarizes the weekend as of Sunday.  The first column (on which the table is sorted) displays the "studio projection" for each film, based on the Friday and Saturday actual numbers (and a studio-supplied estimate of Sunday).  The second column is the percent decline from the prior weekend.  The final column is a preliminary estimate of the ShowbuzzDaily Domestic Total Gross for the film's complete run in North America.  A "++" indicates the Domestic number has been upgraded; a "--" indicates a downgrade.  


Mission: Impossible Film Track      Opening   Domestic  Overseas
                                    Weekend    Total     Total

Mission: Impossible      5.22.1996   $ 45.4    $181.0    $276.7

Mission: Impossible II   5.24.2000   $ 57.8    $215.4    $331.0
Mission: Impossible III  5.05.2006   $ 47.7    $134.0    $263.8



Total Box Office Volume 

The Top 12 Films this weekend are looking like $128 million total Friday-Sunday, up 30% from the same calendar weekend last year (which kicked off the disastrous winter and spring of 2011) and up 7% from the typical volume for this weekend in other years.          

Top 12 Films: Weekend #1


     Volume    Movies Opening Each Weekend (millions)
2012  $128  Devil Inside $34.5, Tinker Tailor $5.8

2011  $ 99  Season of the Witch $10, Country Strong $7 
2010  $149  Daybreakers $15, Leap Year $9, Youth in Revolt $7
2009  $128  Gran Torino $29, Bride Wars $21, The Unborn $20

2008  $106  Bucket List $19, First Sunday $18

2008-11
Avg   $120


Next Weekend 

Next weekend, Contraband from Universal and Joyful Noise from Warner Brothers open wide, while Beauty and the Beast is re-released by Disney in 3D.  These openings will be compared to Green Hornet ($33.5 million opening weekend) and The Dilemma ($17.8 million) from the same weekend in 2011.  

Look for final weekend figures Monday and international results later today

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FRIDAY JANUARY 6 BOX OFFICE RESULTS

2012 is off to a solid start with $135 million in business for the top 12 films -- up 12% from a typical performance for the first weekend of the year but up sharply from the disaster that was 2011's opening frame.  The Devil Inside exceeded our forecast and will be the #1 movie this weekend, but it won't have much staying power because it (a) is a horror film and (b) is a really terrible horror film, according to critics and more important the audience.  Still, a domestic gross of $70 million would be amazing for a film that cost $2 million to acquire and probably $30 million to market.

Updated Numbers Throughout the Text and Charts.

The Devil Inside blew past its forecast, pulling in almost $17 million Friday and an estimated $39 million for the three-day opening weekend, compared to a $16.5 million ShowBuzzDaily forecast.  Critics reviews are coming in on RottenTomatoes at a terrible 7% positive clip, in addition to an "F" CinemaScore grade from opening night audiences.  With word of mouth like that, we expect Devil Inside will have a low multiple to a still very good (relatively) $73 million domestic total.  


Tinker Tailor Soldier Spy expands to 809 theaters this weekend and should gross $5.7 million this weekend, bringing its total to date to over $10 million.  The spy thriller should end its domestic run with $31 million.  

In case you missed them, click to see this week's Weekend Predictions
  
January 6-8, 2012       Pre-Wknd    Wknd            Showbuzz
(millions)              Showbuzz    Early    FRI    Domestic
                        Forecast    Proj.   Actual   Final

The Devil Inside (Par)   [$16.5]    $39.9   $16.6     $ 73
Mission: Impossible 4 Par[$16.5]    $19.9   $ 6.2     $234
Sherlock Holmes 2 (WB)   [$11.5]    $14.0   $ 4.3     $190
Alvin & Chipmunks 3 (Fox)[$10.0]    $10.5   $ 2.3     $134
Girl Dragon Tattoo (Sony)[$ 9.0]    $11.3   $ 3.5     $109
War Horse (DW/Dis)       [$ 8.5]    $ 8.9   $ 2.6     $ 84
We Bought a Zoo (Fox)    [$ 8.5]    $ 8.7   $ 2.3     $ 80
Tinker Tailor Soldier Foc[$ 4.0]    $ 5.7   $ 1.7     $ 31
Adventures Tintin (Par)  [$ 7.0]    $ 7.2   $ 1.7     $ 83
New Year's Eve (WB)      [$ ---]    $ 3.2   $ 1.1     $ 59


Note: The table above summarizes an early look at the weekend.  The first column is a reminder of each film's ShowBuzzDaily Forecast for the weekend (in brackets).  The second column, on which the films are sorted, displays the new weekend projection for each film, based on the Friday numbers (the third column).  The final     column is a preliminary estimate of the ShowbuzzDaily Domestic Total number for the film's total run in North America.  A "++" indicates the Domestic number has been upgraded; a "--" indicates a downgrade.  


Total Box Office Volume 

The Top 12 Films this weekend are looking like $135 million total Friday-Sunday, up 37% from the same calendar weekend last year (which kicked off the disastrous winter and spring of 2011) and up a credible 12% from the typical volume for this weekend in other years.          

Top 12 Films: Weekend #1


     Volume    Movies Opening Each Weekend (millions)
2012  $135  Devil Inside $39, Tinker Tailor $5.7

2011  $ 99  Season of the Witch $10, Country Strong $7 
2010  $149  Daybreakers $15, Leap Year $9, Youth in Revolt $7
2009  $128  Gran Torino $29, Bride Wars $21, The Unborn $20

2008  $106  Bucket List $19, First Sunday $18

2008-11
Avg   $120


Check back tomorrow for updated weekend figures and revised estimates for domestic final grosses.

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