Box Office Results for March 1, 2013

matt

This weekend, the big-budget fantasy epic Jack the Giant Slayer opened at number one at the North American box office.  Other new releases were soft in their debuts as moviegoers showed little excitement over any of these new titles.  March came in like a lamb as the Top 20 grossed only $105M.

jackthegiantslayer

The year’s first mega-budgeted tentpole entry failed to create much of a stir as Jack the Giant Slayer bowed to an estimated $28M from 3,525 locations for a moderate $7,946 average.  The gross for the New Line release included higher ticket prices from 3D screens including 317 IMAX venues, which accounted for 12% of the gross.  With a reported production budget in the $190-200M range, plus a massive war chest for marketing costs, Jack the Giant Slayer was a huge gamble costing more than many summer blockbusters.  Outside of action sequels and anything James Cameron feels like making, few original films carry budgets like this.

Jack the Giant Slayer even opened worse than last March’s mega-priced 3D action offering John Carter, which debuted to $30.2M on its way to $73.1M domestic and $284M global.  It let to huge corporate loses and executive departures from DisneyUniversal’s 2D Battleship, also with a gargantuan budget, opened to $25.5M finishing with $65.2M from North America and $303M worldwide.  Jack the Giant Slayer now joins those two and will need phenomenal overseas numbers to make the math work.  The other two duds did 74-79% of their global grosses from offshore markets.

Delayed from its Summer 2012 release date, the Bryan Singer-directed Jack the Giant Slayer was stuck in a no man’s land.  The PG-13 film was too violent for younger children who would be the ones most interested in the subject matter.  But the source material was too lame for older kids and beyond who are okay with this type of effects-heavy adventure violence.  Reviews were mixed and audiences polled by CinemaScore gave it a decent B+.  Studio data showed that the audience was 55% male and 56% over 25.

The beanstalk tale opened in ten Asian markets this weekend and grossed $13.7M led by Korea’s $4.9M.  Most other major markets will open later this month closer to Easter school holidays.  Reaching a $300M worldwide gross will be very hard.

identitythief

For the fourth weekend in a row, the runaway hit comedy Identity Thief ranked among the top two films nationwide, this time dipping only 31% to an estimated $9.7M.  The Jason BatemanMelissa McCarthy pic became the first 2013 movie to break the $100M mark and has now banked an impressive $107.4M to date for Universal and Relativity.  Despite bad reviews, regular mainstream moviegoers have been eating up this funny twosome with Identity Thief on track to end with over $130M.  The studio will be looking to reteam these actors in a sequel as soon as it can.

21&over

Another R-rated comedy followed in third place.  The wild party pic 21 & Over debuted with an estimated $9M from 2,771 theaters for a mild $3,248 average.  With no stars, but a promise of a raunchy good time, the $13M film played to a young adult audience as 73% of the crowd was under 25.  Males and females were evenly split.  The Relativity release was flat from Friday to Saturday and earned a B grade from CinemaScore.  Reviews were generally weak.

thelastexorcismpartii

Horror sequel The Last Exorcism Part II from CBS, Strike, and StudioCanal opened in fourth to a soft $8M, according to estimates.  Averaging $2,974 from 2,700 sites, the PG-13 fright flick came in with less than half of the $20.4M opening of its predecessor from August 2010.  That film was hated by audiences earning a D CinemaScore so not much demand was there for a follow-up.  The Last Exorcism Part II fared slightly better with audiences earning a C- grade – the low end of normal for fright flicks.

snitch
escapefromplanetearth

Dwayne Johnson’s action drama Snitch dropped a respectable 42% in its second weekend to an estimated $7.7M.  The Summit, Exclusive, and Participant release has collected $24.4M in ten days and should finish with $40M+.  The Weinstein Co. saw its 3D animated entry Escape from Planet Earth hold up well against the opening of Jack the Giant Slayer.  The space toon fell 37% to an estimated $6.7M pushing the total to $43.2M.

safehaven
silverliningsplaybook

Faring well again was the romance pic Safe Haven, which slipped 40% to an estimated $6.3M for $57.1M to date for Relativity.  Fresh off her Oscar win for Best Actress and week-long flow of publicity, Jennifer Lawrence saw her awards hit Silver Linings Playbook post another terrific hold inching up 3% to an estimated $5.9M in its 16th weekend of release.  The Weinstein Co. has banked an impressive $115.5M to date.

agooddaytodiehard
darkskies

Bruce Willis suffered another bad blow to his franchise-stretching action vehicle A Good Day to Die Hard, which tumbled 56% in its third round to an estimated $4.5M for $59.6M to date for 20th Century Fox.  Worldwide is $221.9M with 73% from overseas.  Rounding out the top ten with an estimated $3.6M was the alien horror pic Dark Skies, which dropped 57% in its sophomore session.  The ten-day cume is just $13.5M for Dimension, Alliance, and IM Global.

phantom

The submarine thriller Phantom starring Ed Harris and David Duchovny was dead on arrival posting one of the worst openings ever for a film launching in over 1,000 theaters.  The R-rated pic from RCR grossed an industry estimated $470,000 from 1,118 locations for a disastrous $420 average.

stoker

Nicole Kidman’s new thriller Stoker from acclaimed Korean director Park Chan-wook enjoyed a solid platform release grossing an estimated $159,000 from only seven theaters for a $22,689 average.  That was an impressive performance in such a weak marketplace.  Next weekend will see no new markets open, but expansions in existing markets of New York, Los Angeles, Boston, Chicago, and Toronto.  Reviews were generally good for the filmmaker’s English-language debut.  Opening day and date in Korea, Stoker debuted to $1.7M there.

argo1

The two biggest Academy Award winners parlayed their Oscar statues into extra box office revenues this weekend thanks to extra publicity…and screens.  Best Picture champ Argo increased its theater count by 23% and grossed an estimated $2.2M, up 21% from last weekend.  Despite being available on home entertainment platforms, the Ben Affleck hit still found takers from those who want to experience it in a movie theater.  The Warner Bros. film climbed to $132.8M.

lifeofpi

Winning the most Oscars of any film including Best Director, Life of Pi saw its theater count go up 9% and its weekend tally rise a sturdy 43% to an estimated $2.3M.  The Fox 2000 smash has now grossed $116.9M domestically and a sensational $593.9M worldwide – 80% from international markets.

theartist
thekingsspeech

Contrary to media reports, there is no normal Oscar bump as every year’s winner is in a vastly different situation at that moment in time.  Varying greatly are screen expansions, added marketing dollars, video availability, and age of theatrical run.  Last year, The Artist boosted its theater count by 82% on the weekend after winning Best Picture and saw its weekend gross climb 25%.  A year earlier, The King’s Speech had a 6% dip in theaters and a 15% decline in weekend box office.  Looking only at a film’s percentage change on the weekend after the ceremony does not tell the full story.

thelorax
rango

The top ten films grossed an estimated $89.5M, which was down 39% from last year when Illumination Entertainment’s The Lorax opened at number one with $70.2M; and down 22% from 2011 when Nickelodeon MoviesRango debuted in the top spot with $38.1M.

March 1, 2013 to March 3, 2013 Top Ten

Jack the Giant Slayer   Identity Thief   21 & Over   The Last Exorcism Part II   Snitch

Escape from Planet Earth   Safe Haven   Silver Linings Playbook   A Good Day to Die Hard   Dark Skies B

1.   Jack the Giant Slayer

2.   Identity Thief

3.   21 & Over

  • $9,000,000
  • Relativity Media (Relativity)

4.   The Last Exorcism Part II

5.   Snitch

6.   Escape from Planet Earth

7.   Safe Haven

  • $6,300,000
  • Relativity Media (Relativity)

8.   Silver Linings Playbook

  • $5,941,000
  • The Weinstein Company (Weinstein Co.)

9.   A Good Day to Die Hard

10. Dark Skies

 

March 2, 2012 to March 4, 2012 Top Ten

The Lorax IMAX 3D   Project X   Act of Valor   Safe House   Good Deeds

Journey 2   The Vow   This Means War   Ghost Rider 2   The Artist

1.   The Lorax

  • $70,721,000
  • Illumination Entertainment (NBCUniversal)

2.   Project X

  • $20,775,000
  • Warner Bros. Pictures (Warner Bros. Entertainment) and Silver Pictures

3.   Act of Valor

4.   Safe House

  • $7,212,000
  • Universal Pictures (NBCUniversal) and Relativity Media (Relativity)

5.   Good Deeds

6.   Journey 2: The Mysterious Island

  • $6,925,000
  • New Line Cinema (Warner Bros. Entertainment) and Walden Media

7.   The Vow

8.   This Means War

  • $5,625,000
  • 20th Century Fox (Fox Entertainment Group)

9.   Ghost Rider: Spirit of Vengeance

10. The Artist

 

March 4, 2011 to March 6, 2011 Top Ten

Rango   The Adjustment Bureau   Beastly   Hall Pass   Gnomeo & Juliet

Unknown   The King's Speech   Just Go With It   I Am Number Four   Justin Bieber Never Say Never

1.   Rango

2.   The Adjustment Bureau

3.   Beastly

  • $10,115,000
  • CBS Films (CBS Corporation)

4.   Hall Pass

  • $9,015,000
  • New Line Cinema (Warner Bros. Entertainment)

5.   Gnomeo & Juliet

6.   Unknown

7.   The King’s Speech

8.   Just Go With It

  • $6,500,000
  • Columbia Pictures (Sony Pictures Entertainment)

9.   I Am Number Four

10. Justin Bieber: Never Say Never

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~ by Matt Whitfield on March 7, 2013.

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