By David Poland email@example.com
Weekend Estimates by Pop Soundtrack Klady
What can one say about an estimated $93.2m opening for Guardians of the Galaxy? Well done, Disney.
The estimate is being rounded up by the studio and some outlets so that it is bigger than Godzilla, the #2 opening of the summer and #3 for the year. And indeed, it may be bigger. It may also be smaller. In the rush to write, it seems that now nearly all outlets have chosen to acknowledge that no one actually knows what will happen on the day we project into 3-day estimates each late Saturday night/early Sunday… Sunday. The bigger the gross, the less trustworthy the estimate. And given that Disney is estimating a bigger Sunday for Guardians than for Cap 2 or Godzilla and slightly smaller than the $100m-opening Transformers 4, we really, really don’t know. But estimates are not estimates anymore… they are marketing. And so, “94m!” Definitively above Godzilla… until it is or is not actually that.
Guardians is – regardless of whether it is a little higher or a little lower – the #1 opening in August by about a 35% margin. It is either the #3 or #4 opening of the year and #2 or #3 of the summer. It gives Marvel-based films four of the six top openings in 2014 with Avengers 2 due up to launch next summer. If it has the same trajectory as Cap 2, it will gross about $255m domestically. But as is now the norm, because of the price tag, the international is where the real revenue question lives. That larger front got off to a good start this weekend with about $66m in roughly half the rest of the world.
Get On Up opened to around $14m, and 42 opened to around $27m. They are saying that there was a Saturday bump, so that is a good sign, box office-wise… not about word-of-mouth, but about the kind of audience that is going to see the film. Better chance of stronger legs.
Lucy held up pretty well against the Guardians onslaught and this weekend suggests, as much as anything, that whomever at Universal decided to move the movie into an earlier summer slot was very, very smart. The film should hit $100m domestic in the next 10 days.
Roadside Attractions has had a good history with summer dramas and that continues with their handling of A Most Wanted Man, which expanded nicely this weekend. It should become the distributor’s #3 all-time grosser next weekend and is sure to be their #2, though whether it can topple their #1, Mud, and its $21.6 million is a question. But worth noting… it’s not a VOD movie on top of theatrical.
IFC also has a summer hit in Boyhood, which is currently IFC’s #3 all-time. There is a giant anomaly in IFC’s history… My Big Fat Greek Wedding. It is an outlier in virtually every way. But in the rest of IFC history, Boyhood is now their widest release ever and has remained solid in a slow expansion. How much wider will it go and how quickly? We’ll find out one week at a time. Maybe IFC is not pushing their story as hard as the Weinsteins were pushing theirs… but no coincidence that none of IFC’s Top 3 pictures were scheduled for VOD on top of theatrical.
The Woody Allen, Magic in the Moonlight, is kicking along with a strong $11,440 per screen on 65 screens. But the real questions will start to be answered as the film expands further. SPC has been a little more aggressive on the theater counts with this release so far, so it will be interesting to see if they go wider than 800 screens or not… and what the gross is.
Fox Searchlight opened Calvary on 4 screens to very strong numbers. It will be interesting on this one to see if the religious groups show up before it’s over in theatrical. But indie movie lovers should come out.