By David Poland email@example.com
Weekend Estimates by “What The Shell?” Klady
So pretty happy weekend for both Paramount and Disney – and Michael Bay and Marvel – as Teenage Mutant Ninja Turtles launches about as well as Paramount could have hoped for the reboot and Guardians drops a solid-for-a-second-weekend-after-a-mega-opening 56%. Win-win.
In fact, the Guardians drop is dead on with the Captain America 2 drop from April, which in finals was 56.6%. Might be the same for Guardians as today has not happened yet. Could be better. Previous best drop this summer from a $90m+ opener was Amazing Spider-Man 2‘s 61.2%. (Don’t let that stop you from presuming that audiences hated it because you don’t like it, journalistic seekers of truth.)
The Ninja Turtles open is right there between 22 Jump Street and Maleficent for the summer. Of course, this means absolutely nothing, aside from spin over word of mouth, to the people who paid for and made the movie. Each film comes into the market within its own universe of cost and potential returns and each one will be right back there within 6 weeks. Between now and then, sound and fury signifying hype.
The real story of this weekend is the three movies from three different studios who thought they had some room to work. This date for Into The Storm suggests that WB must not have expected Guardians or Turtles to do these numbers. The movie is not Grade A, but you can fool some of the people some of the time yet this was not that time. I have no idea what the real budget of the film is, but it claims to be rather cheap, so maybe it will be able to find enough cash internationally to get into the black based on the effects, which are not unimpressive.
The Hundred-Foot Journey seeks to counterprogram with food and Indian culture and Helen Mirren getting her groove back in what used to be the Meryl Streep summer romance slot. What Disney found out the hard way is that Helen Mirren isn’t Meryl Streep or Julia Roberts and no amount of Oprah thrown at the marketing – which by the way, is not selling what the movie IS, which is a problem – could make her so. Of course, the last Meryl Streep effort in this slot opened to $14 million, which is why there hasn’t been one in a couple years. This open is “only” 20% off that.
And Step Up: All In, a franchise discarded by Disney after 3, picked up as a piece of business by Lionsgate, took another step backwards that couldn’t have been too much of a surprise to LGF. It’s kind of fascinating. There has been a drop with each film in the series and the drop on opening weekend has grown each time, from 8% to %16% to %25% to 44% this time. This suggests that “Step Up 6 would open to something like $2.6 million… which is why VOD beckons.
Lucy‘s hold looks pretty good considering the hurricane of the last two weekends in its target demo. Universal can’t love 49% in weekend three, but it could be a lot worse. It should hit $100 million on Wednesday or Thursday.
Hercules is also holding reasonably well against the August rush, but at a lesser level with a higher budget. There’s already $73m in from international. They’ll need more. But that is the route.
Get On Up is done. No one likes to talk about it, but black audiences, when they turn out in numbers, are heavily first weekend customers… often opening day heavy. So when you see a 63% drop for a well-reviewed film about a great performer, you know that the white audience just isn’t showing up much and much of the black demand has been sated. Universal also got smacked by the media distraction over Guardians. This should have been a fall or spring movie. Just got lost here, except with its core constituency.
A Most Wanted Man crosses the $10m plateau running neck-n-neck with Boyhood. It’s only fair to point out that And So It Goes, Rob Reiner’s summer rom-com for over 50s released by newcomer Clarius and FreeStyle Releasing, is ahead of both of those films. I wonder what that film could have done with a more mainstream distributor.
Also, Open Road’s Chef is a million away from $30 million. Impressive.
Soft weekend for new indies. Jim Cameron’s latest undersea exploration didn’t draw much. What If, which has a lot of love and goodwill floating around it (including Zoe Kazan charming the sweet bejeezus out of everyone), found a modest $6700-per on 20. And The Dog, which has taken about a year to land in theaters from the festival circuit, managed just $5050-per on 2.
And a very strong single-screen number for South Korean film, The Admiral: Roaring Currents… for the record.