Box Office Actuals: Memorial Day 2011

Via Box Office Mojo, The Numbers, Deadline, and other sources:

Delivering the 4th largest Memorial Day weekend opening of all time (without accounting for inflation), "The Hangover Part II" eclipsed $100 million in its 4-day weekend and has already moved well past $130 million in 5 short days. The film delivered the second largest 5-day count for an R-rated film, trailing just 2003's "The Matrix: Reloaded" ($139.4 million in 5 days) and sliding in just ahead of "The Passion of the Christ" ($125.5 million in 5 days).

Bulletproof to poor reviews, the Wolfpack drew a huge number, far exceeding optimistic expectations within the industry. With an estimated $59 million in foreign box office counts, "The Hangover Part II" has nearly grossed $200 million worldwide in approximately 120 hours! This is an extraordinary haul for the most eagerly anticipated film of the first half of 2011. The only remaining question comes with the second weekend, as the film will be seriously challenged by "X-Men: First Class" (June 3) and "Super 8" (June 10). The same audience will be tapped into for those films and we will see if this "Hangover" lasts a lot longer than one weekend.

Oh by the way...another sequel landed at the box office Memorial Day weekend and while these particular numbers would look good for many other films, Paramount and DreamWorks are reportedly disappointed in the $67 million domestic take for "Kung Fu Panda 2"'s first 5 days. Well received by critics and CinemaScore polling, "KFP2" performed well internationally, almost matching "The Hangover Part II"'s take and earning $124 million worldwide. Budgeted at $150 million, profit will not be an issue ultimately, but the all-important domestic figures hinge on a strong second weekend, which could happen depending on the demos who turn out for "X-Men", the only major opening next weekend. All of this taken into account however does not spell well for this "Panda" scoring the same $215 domestic/$631 worldwide bank of its predecessor.

Other notables, including a glorious "Midnight" and a sprouting "Tree", along with the Top 40 for the Memorial Day Weekend after the cut!

Box Office Bulletin: "Pirates" arrive with a "soft" $90 million opening!

Via Box Office Mojo, The Numbers, Deadline, and other sources:

Delivering the biggest opening weekend of 2011, "Pirates Of The Caribbean: On Stranger Tides" opened to an estimated $90.1 million in total receipts, easily winning the box office weekend. While $90.1 million is never a number to discount or place in ill regard, reports declared this opening as "soft" or "underwhelming". Comparatively speaking with the previous "Pirates" films, this was the lowest grossing and lowest attended opening weekend for the film franchise, at least in North America.

Overseas counts told a much different story as "Pirates" amassed a staggering $256.3 million, rolling its worldwide cumulative total to $346.4 million. Deadline reports that with the production and marketing budgets added together, this film cost $420 million to bring to the screen, a figure which is already within sight after just 5 days of being on screen.

Delving further into the "soft" opening for a moment, 2003's "Pirates...The Curse Of The Black Pearl" started at $46.6 million in July 2003 but earned more than $300 million domestically. The film also earned Johnny Depp his first Oscar nomination and springboarded the sequel, 2006's "...Dead Man's Chest" to $423.3 million and a ranking as the 8th biggest grossing film of all time in North America. The third entry, 2007's "...At World's End" returned closer to the numbers earned by the first film in the series, but still cleared $309.4 million. Worldwide the films have grossed more than $2 billion dollars, not counting the sums calculated for "...On Stranger Tides".

All of that to say, this may be the first film in history to earn $90.1 million stateside and $256.3 million overseas and be viewed as a disappointment.

"Pirates..." opened unchallenged as Mel Gibson's "The Beaver" saw its wide expansion muted to just 168 locations, a gain of 105 new sites. However, one new film delivered a stunning opening with 6 locations hosting it.

NEW OPENINGS:

"Midnight In Paris", directed and written by Woody Allen, reversed Allen's recent troubles in delivering a worthwhile opening. Allen consistently generates a film a year and his films often are given small platform releases. His last sizeable opening, 2008's "Vicky Cristina Barcelona", a film which earned Penelope Cruz a Supporting Actress Oscar, started at $3.8 million at nearly 700 screens, but for a platform opening, you have to go all the way back 2005's "Melinda and Melinda" which started at $74k on 1 screen to find anything comparable to this start. The film also earned Allen his best reviews in years and Oscar talk has started to float around the film's screenplay. This is Allen's third straight film to be released by Sony Pictures Classics and has already banked $5.9 million overseas.

Some lovely "Bridesmaids" keep people's attention after the cut...

Box Office Actuals: May 13-15, 2011

Via Box Office Mojo, The Numbers, Deadline, and other sources:

Retaining the top spot for a second weekend, "Thor" held a better second weekend than most comic book adaptations tend to do and banked another $34.7 million domestically, raising its total to $119.5 million in 10 days. Traditionally, the comic book adaptation film loses more than half of its opening audience in a second weekend, but "Thor" lost just 47.2%. An encouraging figure as Paramount builds towards "X-Men: First Class" and "Captain America..." in the coming months.

As 'Thor" held well, the big story of the weekend was the huge opening for the Kristen Wiig-led "Bridesmaids", which exceeded even the most optimistic projections to score an impressive $26.2 million opening frame. Critics loved the film and audiences grew through the weekend as word-of-mouth spread on this being not just a knockoff of "The Hangover" or other similar R-rated ensemble comedies. Countless other outlets have written about the film's success and whether this is a gamechanger for Hollywood, but Nikki Finke at Deadline is on record as saying that many higher ups in rival studios wanted this film to fail. "Bridesmaids", budgeted at $32.5 million, is a moneymaker by Wednesday and will have virtually no opposition heading into its second weekend. If "Bridesmaids" can pull a second strong weekend, this might be well on its way to a $90-$100 million final haul.

"Priest", Paul Bettany's second film with director Scott Stewart, following 2010's "Legion", was underestimated slightly in its first weekend. Earning just under $15 million, while reportedly budgeted at $60 million, "Priest" may have suffered from its PG-13 rating appearing to be at at odds with its harsh and frightening subject matter and imagery. "Priest" opened on more screens and with a smaller sum than "Legion", which started north of $17 million in January 2010. Screen Gems may make this profitable with grosses from around the world, but not recouping the budget domestically will be a big disappointment. "Priest" looks to land in the $40-$45 million range stateside.

In a somewhat surprising development, "Rio" became the soup du jour for families who were seemingly lost in the shuffle with the recent openings targeting teens and young adults. "Rio" slid a negligible 2.7%, despite losing more than 300 locations from last weekend. In a fifth week, this type of drop of is almost unheard of and the film has made $125.2 million in North America and is chugging along to the tune of $429 million worldwide. "Rio" will lose screens and attendance with "Pirates of the Caribbean" arrives, but the film has another 10 days or so without true competition until the eagerly anticipated "Kung Fu Panda 2" arrives on May 26.

"Soul Surfer" continues to draw return business even as it loses more and more sites. Down just 20.8% this weekend, "Soul Surfer" may have a small take by appearances, $1.8 million, but on an $18 production budget, the film has been an impressive performer with 6 weeks in the Top 10 and overall take just under $40 million. The film has been given a July DVD date, which will be officially announced in the coming days.

Will Ferrell sells drama, a "Cave" finds new heights, and lots and lots of indie films try and stake a claim after the cut:

The most controversial movie of the year gets reviewed...

...right here at The Awards Circuit! Today's update includes one of the few reviews out there of the uber-controversial movie 'A Serbian Film'. I won't get into anything about the work here, but I will say that the controversy is actually somewhat well-founded, for a change. That review can be found here (definitely check it out, so I don't feel like I saw it for nothing). Lots of other flicks got reviewed as well, including the latest comedy from the Judd Apatow factory...the female centric 'Bridesmaids' (found here), Will Ferrell's small-scale drama 'Everything Must Go' (found here), Werner Herzog's latest documentary 'Cave of Forgotten Dreams' (found here), and the documentary 'The People vs George Lucas' (found here). Check them all out and give us some feedback!

-Do you think you can stand the sight of 'A Serbian Film'? Are you interested in either of the documentaries? What about the other films we reviewed? Let us know!

Box Office Actuals: May 6-8, 2011

Via Box Office Mojo, The Numbers, Deadline, and other sources:

Despite being one of the few films to have its weekend totals overestimated, "Thor" cruised to a strong opening of $65.7 million to win the box office derby by a slightly more than 2:1 margin of last week's chart topper, "Fast Five". While "Thor"'s opening pales when compared to the comparable "Iron Man" or "Iron Man 2" (which opened the same weekend in 2010), the Marvel Comics adaptation landed the second biggest opening of 2011 thus far.

In some circles, the more impressive story may center on the TriStar/Sony release, "Jumping The Broom", which was underestimated by nearly $1.5 million when initial counts were taken. Made for a mere $6.6 million, "...Broom" surged to a $15.2 million start and had a big Mother's Day attendance, padding its numbers. For Pastor T.D. Jakes, a co-producer on the film, this is already Jakes' highest grossing film, exceeding the $10+ million gross for 2009's "Not Easily Broken" and the $6+ million take for 2004's "Woman Thou Art Loosed!". "...Broom" also had the third highest per screen average for wide releases, netting almost $7,500 per site.

Also underestimated but equally overshadowed is the romantic comedy, "Something Borrowed", which also drew a better than anticipated Sunday attendance and finished the weekend grossing $13.9 million. If the film can hold a decent second weekend, the film should finish near $40 million for its overall gross, exceeding its reported $35 million budget. Critics lambasted the film and audiences were reportedly not too enamored with the film however and it will be interesting to see if female audiences jump to the edgier R-rated "Bridesmaids" and what the effect on "Something Borrowed"'s second weekend will be.

Two other holdovers fared well Mother's Day weekend and saw smaller than expected dropoffs. "Water For Elephants" became profitable this weekend, losing just 35% of its audience in the third weekend and raising its bar to $42.1 million. As audiences shift their attention to bigger and bolder summer fare, it will be interesting to see if "Water...'" can retain its appeal with audiences. "Elephants" looks likely to hit its projected $55 million final gross at this point.

Hanging in the lower reaches of the Top 10, "Soul Surfer" slid just 31.5 % and retained a #8 ranking, with $2.3 million earned and a cumulative $36.9 million gross. People are returning to this film again and again and it has developed a loyal and passionate base of support. "Soul Surfer" has now doubled its production budget, making it a surprising and breakout success.

Within the rest of the Top 10, every other film except "Rio" lost more than 50% of its previous weekend's attendance, largely due to theater counts being slashed with the arrivals of "Thor" and "Fast Five". Then again, it is the transition from spring to summer and large amounts of screens were slashed from films such as "Source Code", "Insidious", "Hanna", and "Scream 4".

"The Beaver" debuts, a "Cave" continues to amaze, contrary to reports - there were no dragons after all, and a possible new record in infamy may have been set. More analysis after the cut:

Box Office Actuals: April 29 - May 1, 2011

Via Box Office Mojo, The Numbers, and other sources:

Box office estimates are typically overreaching, so it becomes rather noteworthy when a film as big as "Fast Five" comes in underreported. Missing the mark by roughly $3 million, "Fast Five" raised its opening haul to $86.2 million over the 3-day weekend, further shattering the all-time opening record for April releases. This staggering opening places the film as a strong contender to perhaps challenge "Thor" for the top spot next weekend, even with a steep dropoff anticipated.

The remaining new wide openings failed to register a blip with audiences. The public's disinterest in "Prom" ($4.7 million, #5) and "Hoodwinked Too!" ($4.1 million, #6) left "Rio" to settle in for the #2 slot and breeze past the $100 million plateau. "Rio" declined a fair 43.8% in its third weekend, earning another $14.8 million. "Rio" joined "Rango" and "Hop" as the third animated feature to hit the $100 million high mark in 2011.

Steady business during the weeknights allowed "Tyler Perry's Madea's Big Happy Family" to cushion the nearly 61% slide in its second weekend. Banking nearly $41 million in 10 days is an acceptable success for Perry and Lionsgate and the film should finish in the $50-$55 million range by the time its run is completed.

Holding, with a respectable 44% decline for a period-piece romantic drama, "Water For Elephants" added $9.3 million to its total, coming to rest at $32.5 million thus far. Budgeted at $38 million, the film will be profitable by the weekend.

If response was weak for Disney/Buena Vista's "Prom", the news was even worse for The Weinstein Company's "Hoodwinked Too! Hood Vs. Evil", which delivered the worst 3-D opening for a wide release ever. The surprise success of 2005's "Hoodwinked" has no chance of being replicated here, as this sequel, which came in at a reportedly light $30 million budget, may only generate a final tally of $12-$15 million when all is said and done.

A "Cave" nets some wonderful discoveries, not every "Dog" has its day, and more analysis after the cut:

Box Office Bulletin: "Fast Five" Obliterates the Competition...

Via Box Office Mojo, The Numbers, Deadline, and other sources:

The Summer Movie Season, which typically kicks off in the first weekend of May, hit early with a staggering and stunning record-setting opening for "Fast Five", the fifth film in "The Fast & The Furious" franchise. Hauling in a likely overestimated but still incredible $83.6 million, "Fast Five" not only had the biggest opening ever for the series, but delivered the largest April opening weekend of all time, breaking its own record-setting $71 million "Fast and Furious" entry in April 2009. People knew the film would deliver the biggest opening weekend of the year, but this debut, even when revised actuals drop the number a bit on Monday, far exceeded most expectations. Speculation turned from the worry of diminished box office returns to a tone of optimism that perhaps "Fast Five" could kickstart a wave of films which will have wide-ranging commercial appeal. We shall see.

While "Rio", "Rango", and "Hop" had delivered the biggest openings so far in 2011, "Fast Five" more than doubled the best of those openings and the film already ranks as the 7th biggest grossing film of 2011. "Fast Five"could reach $100 million in total receipts by next weekend when "Fast Five" lines up next to the eagerly anticipated "Thor". And what if "Fast Five" can hold off and outrun "Thor"? Stay tuned...

NEW OPENINGS:

The brutal reality of the other weekend's openings is that no one truly cared about any of the other offerings. The estimated per screen averages for Disney's "Prom" and The Weinstein Company's "Hoodwinked Too! Hood Vs. Evil" were on par with films that have played for 4 or 5 weeks. Although in Disney's case, the poor performance may not be too disappointing in the long run.

"Prom", which was advertised as a non-musical "High School Musical" style film earned $5 million with a dismal $1,832 per screen average. Dismal that is, unless you are budgeted at $8 million, in which case the film may be profitable by the weekend. Nikki Finke at Deadline reports however that this is still going to be recognized as a major disappointment for Disney and raises questions as to why the film was not just morphed into a 4th "HSM" feature. Whether the film is a bomb or not can be left open to interpretation, but Disney execs are spinning this as a success. With the rush to DVD and probable multiple airings on the Disney Channel by the fall, "Prom" may not be as terrible a performer as many are speculating.

There really is no spin that can be leveraged at The Weinstein Company's "Hoodwinked Too! Hood Vs. Evil" however. Opening to a paltry $4.1 million and $1,653 per screen average at 2,505 locations, "Hoodwinked Too!" delivered the worst 3-D opening of all time for a wide release. Budgeted at $30 million, this ill-conceived sequel will likely lose money and provide a reversal of fortunes when compared to the surprising $51 million haul of 2005's "Hoodwinked". Nikki Finke shared an insider's Email on the film, which stated: "Between Blue Valentine, Company Of Men, Scream 4, and this film, they are starting to give back all the money they made on The King's Speech." Ouch.

Although it opened at a scant 875 locations, the comic book adaptation, "Dylan Dog: Dead Of Night" was a non-starter for OmniLab Media and Freestyle Releasing. Not screened for critics ahead of its release, this comedic/horror hybrid starring former "Superman", Brandon Routh, arrived with little in the way of promotion. Grossing $885k, fans of the supernatural horror series were reportedly not pleased at the film being more comedy and less chills and thrills. Italian audiences, where the comic originated from, were also less than thrilled last month when the film opened there.

Other notable trends and happenings after the cut!