The Hot Blog
And Yahoo! reminds us why giving them a trailer exclusive is not a good idea.
Update 5:21p – And now, it is working… thanks…
Update 5:19p – This link seems to work… https://movies.yahoo.com/video/big-eyes-trailer-151825125.html
Not a whole lot more to say about this weekend. The weekend estimates are a bit better than I expected based on Friday estimates.
Screen Gems seems to be back in its groove with its third $10m opening in four films released so far this year.
Dolphin Tale 2 is another Alcon film, released by WB, that like its predecessor found an audience that studios don’t spend a lot of time working for anymore.
Guardians of the Galaxy passes the elusive $300 million domestic mark. Absolutely a phenom. Even though based on a comic, unknown enough to really be seen as an original. Shows how helpful it is to have some free space after your opening. Not as big a hit overseas, though that was the trajectory for Marvel’s Captain America and Thor as well.
Teenage Mutant Ninja Turtles will likely be the 9th $200 million domestic grosser of the summer. $350 million worldwide is in range. $400 million would require some very strong performances in still unopened international markets.
The Drop is a… not great success. Whether its international cast can drive greater numbers is to be seen.
One of the unacknowledged hits of the summer is Let’s Be Cops, which is, I think, the least expensive film released by a studio this summer, and is not only going to do over $80m domestic, but will be over $100m worldwide.
Luc Besson’s Lucy, by the way, has almost doubled its domestic gross and is now over $350 million worldwide.
Also stronger than the stories out there would suggest was The Hundred Foot Journey, which will pass $50m domestic this week and hasn’t yet started overseas.
The Expendables 3 has tripled its domestic gross internationally… but that is because domestic is so weak and is probably still not enough to make the film profitable.
On the indie side, Boyhood is the top limited domestic release (under 1000 screens) of 2014 so far (and of this week), now slowing to under $1m a week with $21.8 million. Number 2 indie for the year is A Most Wanted Man, with $16.6m. #3 is Belle, with $10.7 million.
Indie newcomers are led in per-screen by Roadside’s The Skeleton Twins and in gross by Fox International’s Finding Fanny.
Before I start pulling apart the meager entries of this weekend, let me note once again… the box office story of this last summer looks quite different when viewed in micro perspective instead of macro perspective. The sky is forever falling for media writers. That is the preferred story. And there are serious issues about what is coming to be deconstructed (especially the rest of the world tending to follow U.S. behaviors a few years later… which will become a major problem if it holds true). But this summer was not a box office disaster simply because overall domestic grosses were “off” $850 million or so from last year’s total summer domestic gross. There was less profit on the high side, but there was also a lot fewer losses on the low side. Ask a studio about the summer and they will concur that it was down, but then ask about the details of their studio and they will tell you that they were not strong as they would like or that they were pretty happy with the results.
Here is a simple example, which I do not think explains away everything. But it is specific and it is legit. Animation only. No Pixar movie this summer. Last year released-by-this-date, the 4 animated movies in the Top 20 grossed $2.6 billion worldwide. This year, the 4 animated movies in the Top 20 have grossed $1.5 billion worldwide. The total drop from last year – to date – is about $1.7 billion. Take out animation and it’s about $600 million… or about a 4% drop… a little above average, but not terribly dramatic. And while you can’t just blink your eyes and change the numbers, a single Pixar movie could have easily been expected to deliver $700 million of the animation sector’s $1.1 billion “deficit” for 2014 or about 40% of the overall “deficit.” One movie.
I will do a full piece about summer box office soon, but I keep reading the doom and gloom headlines, as well as those who would love to claim that it’s all about quality and the end of the great movies and yadda yadda yadda…
There is certainly a discussion to be had and weaknesses to be poked at, but any disaster that can be fixed by a couple hit movies is not the end of the line for the movies or for theatrical. It just isn’t.
As for this weekend, Sony hid No Good Deed from critics and Sony won that bet. The truth is, critics were not likely to damage this film. But why take the chance of a wave of negativity just before opening. Sony found their market – a combination of thriller lovers and people of color – and surely knew they were in good shape going into the weekend and chose not to rock their own boat with no upside. This doesn’t bother me. Never has. Frankly, it’s amazing that studios screen as high a percentage of their films ahead of time as they do. None of these films are culture changers. They are pieces of business. And as such, they are treated as nothing but product, dedicated to their best possible product launch.
Dolphin Talk 2 is the sequel to the surprise 2011 Alcon hit that WB didn’t want to fund and though this is not a terribly impressive Friday number, it’s off only 18% from the first film and projects to a $15.5 million 3-day weekend and a possible $60m domestic gross. Like other films, Alcon is surely hoping that the sequel will perform better overseas, where it only did $23 million the first time out.
Guardians of the Galaxy finally hit $300 million domestic, the only film of 2014 to do so. It is still #8 worldwide for the year… but will surely get up to #6 or #5 before international plays out. (It is possible that it will get a much bigger Chinese boost… that is the wildcard here).
The Drop opens to $1.4 million, which is not good… even for Tom Hardy’s limited history. It opens behind the great Warrior (a box office disappointment) and Lawless.
Meanwhile, Let’s Be Cops, yet another summer movie that was written off by most writers on opening weekend, will pass $70 million domestic today. And let’s not forget Tammy, which was overhyped as a feminist issue, but grossed $84 million domestic and was not a summer miss, but rather, a success. These films are victims of hit-and-run journalism, which can’t pay attention to anything for longer than the length of a Twitter trend.
On the indie side, Roadside release The Skeleton Twins should get to $20k per-screen on 15… which is okay. The Disappearance of Eleanor Rigby, which gets the record for most worked-over project of the year (leading pretty much nowhere), should do about $15k per on 4 screens and never expand to more than a couple hundred screens (maybe) and half a mil (at most). Even people who hate Harvey Weinstein will have to admit that he game this film a LOT of room to be what indie audiences wanted. But as great as the cast is, this one just loves itself a bit too much to allow others to love it. And My Old Lady, which was at Toronto last week, but didn’t seem to work very hard for attention, will be just under $10k per (as will Born to Fly and The Quitter).
Apologies for the disappearing act. It was a brutal week of production for me and a hard-to-hype festival this year. More to come on that…
A press release came across the desktop today… Michael Barker & Tom Bernard of Sony Classics will be awarded Chevalier of the French Legion of Honor later this month.
In a world in which awards are being handed out like candy, one wonders how big an honor any award is. But looking at Wikipedia, I find that they will be only the 9th and 10th Americans in the arts to receive this honor.
Wow. That’s quite a list. True, there are two cast members from The Expendables. But aside from those two (and even if you include them), the list is really amazing.
And you know what? Barker & Bernard deserve the honor.
Over 22 years at Sony Classics, the pair (along with co-founder Marcie Bloom) have been and remained heroes to international film in the United States. There are others that have supported world film quite strongly in the US, but Sony Classics is really the only studio-backed distributor to stay the course, year in and year out. 22 years!
Has any other distributor even been run by the same people for that long? Strand’s Jon Gerrans and Marcus Hu have been at it since 1989. But as remarkable as that run has been and as wonderful as Strand is, it’s a different animal.
Sony Classics has survived and thrived… part of the corporate universe, but truly independent as well. Part of the success has been being in a relationship with a company that truly understands and appreciates what these guys do. But the luck of the draw only gets you so far… certainly not 22 years in the same ever-evolving situation.
So serious felicitations to Big Hockey and The Texas Drawl. There has been lots and lots of water and cranky boaters under your bridge. Welcome to show business. But no one can honestly say that you haven’t earned this unique honor. You have made our culture better, consistently, for a long, long time. Thank you.
Is this the worst weekend of the year?
The first week of December is competitive. But this weekend is usually pretty horrid.
The November Man looks like a direct-to-DVD title with a marketing budget. As Below/So Above is from the cheapie horror school, made to look even cheaper and less worthy of attention by its release date.
Summer is over.
As I have been noting for weeks, Guardians is now the #1 domestic film of summer and the year-to-date and is still unlikely to hit $300m. Internationally, it is still #9 for the summer with a few big markets left, but a likely ceiling of around $600 million (depends on China and their funny money).
The Last of Robin Hood will be the top per-screen of the weekend… but on only 2 screens. The #2 per-screen title will be Lionsgate’s latest hit in the Spanish-language market, Cantinflas, which is also much more impressive overall with $2120 per-screen on 382 yesterday and a likely spot in the Top Ten come Monday-Tuesday.
The statistic of real note here is that every Oscar winner in the last seasons, the pre-TIFF chart has had the eventual winner of Best Picture selected as part of the field by all or all but one Guru. It’s not such a high bar to reach, but it does reduce what seems to be the field to a handful before most of the movies have even been seen.
On the other hand, there have been a few movies every year that end up nominated that aren’t well represented on the chart, as no doubt there will be this year.
And of course, statistics only exist to be proven wrong. It’s just knowing when they will be wrong that’s complicated.
Anyway… the seven films with each Guru mentioning them or all but 1 are:
Let the games begin!
As noted yesterday, there is no shame in a $16m+ opening for a big-head-poster Chloë Moretz film. This weekend’s slotting—argh, slotting!—is about the good holds of Guardians and Turtles much more than any kind of failure on the part of the incoming YA weepie. Guardians is now #1 for the summer and will be #1 for the year by sometime next Saturday. (One gets the feeling that Disney-Marvel will push hard to get to that $300m domestic landmark.)
No point in beating a dead Sin City 2. What was fresh and interesting a few years ago feels warmed over and “so what” now. When Sin City came out, the comic book movies that year were Elektra, Constantine, Fantastic Four and an underperforming Batman Begins. The movie world changed a lot when Batman became the Dark Knight and even more once Marvel found a killer app in Downey as Iron Man. The most compelling thing about going back to Sin City this year is that Mickey Rourke needed less make-up to play Marv and that Rosario Dawson can still pull off a bondage look without looking silly at 35. (I lie… mask looked a little silly.)
When The Game Stands Tall is the relative success on the board. Football and Jesus and a nice opening, in perspective.
Boyhood is holding like a champ. It’s up to $16.4 million, with $20 million now a lock. It’s behind only The Grand Budapest Hotel and Chef in the indie/arty niche that it holds in my head, just a beat ahead of A Most Wanted Man, but more likely to keep holding into the fall.
Great little number for Ira Sachs’ Love Is Strange. $28,840 per on 5 is behind about a dozen other films opening on fewer than 5 screens this year… but it does suggest that it could be Sachs’ biggest grosser, contending to knock off the star-studded Married Life, which did $1.5 million with the same distributor, Sony Classics, in 2008. There is a real chance to keep building audience for a movie that hits a certain zeitgeist that is truly of the moment, not gay or straight, but for people in their 40s and above dealing with aging family, with the gay marriage part an additional compelling element. And it doesn’t hurt to have two of our most likeable veteran actors out there in the leads.
The Trip to Italy also had a nice start. IFC is rolling out this sequel to The Trip a little bit more slowly and generating, so far, a little less money. But there is no reason to think that the sequel won’t catch up to the original.
Welcome to the dregs of August. And even so, a $16m-plus opening for Chloë Grace Moretz is pretty good. It ain’t The Fault In Our Stars, but then again, Chloë doesn’t have a YA franchise she is fronting, nor is this based on material that had such a strong position in the culture. It is a better opening than Endless Love. And it’s a 5% improvement (on the day) over the other film in which Ms. Moretz had an above-the-title role, Carrie.
Meanwhile, Sin City 2 turns out to have box office to be killed by. Opening day is a massive 78% off the original film, which is a fairly good sign that the Geek Middle Class bailed on this one. I suspect that the vast majority of the weekend audience for the film will be Hard Core Geek. And as with most cases of that happening, look for a steep fall off on the film in weekend two, after having squeezed all the blood out of that group. I don’t see it reaching $20 million domestically. The first film had a better number overseas than here, so it is possible that international will pull the fat out of the fire for Weinstein.
Beating SC2 was When The Game Stands Tall, a half-ass pre-Rothman Tri-Star release, with an inspirational football coach played by former Jesus, Jim Caviezel. Is the crown for the film of faith? Could be. There was apparently a reach-out to that community. I am not a believer in chart placement as an issue, but the irony of turning the other cheek beating out showing every possible cheek is amusing.
Holds are looking quite good in this weekend of pretty soft, niche releases. Guardians 31%, Fri-to-Fri. Turtles, 44%. Cops, 44%. Hundred Foot Journey, 23%. The films that got smushed (Giver, Expendables, Storm… 57%, 68%, 54%) were all actioners with unhappy critical response and, apparently, word of mouth.
Guardians will become the #1 domestic film of the summer today and could be #1 domestic for the year as soon as next weekend. Ironically, international is its weak point. It’s unlikely that the film will crack the Top 5 for the year-to-date worldwide, even with some big markets yet to open. It would need to do $200m internationally, doubling its current figure, to get to $700 million worldwide and $100 million is a lot more likely. No shame in that. Iron Man also took time to get hold internationally, then finally blew up to over $800 million overseas alone for #3.
Love Is Strange is the indie opening winner of the week, looking to average better than $20k per on 5 screens. All the other openers will be in four-digit per-screens.