Monday, March 27, 2017

Monday's Headlines - Weekend Box Office

Disney’s second weekend of blockbuster “Beauty and the Beast” is dominating moviegoing in North America with $88.3  million at 4,210 locations — capping the best March ever.

Lionsgate’s rebooted “Power Rangers” is launching with a solid $40.5 million this weekend while Sony’s space-thriller “Life” showed only moderate traction with $12.6 million. Warner Bros.’ action-comedy “Chips” opened with a disappointing $7.6 million at 2,464 sites.

The “Beauty and the Beast” weekend is one for the record books as the fourth-largest second weekend of all time, trailing only “Star Wars: The Force Awakens” at $149 million, “Jurassic World” at $106 million, and “Marvel’s The Avengers” at $103 million.

“Beauty and the Beast,” starring Emma Watson as Belle and Dan Stevens as the Beast, declined just 49% from its opening weekend, which was the seventh-best ever. And after just 10 days in North American theaters, “Beauty and the Beast” is already 55th on the all-time domestic list at $317 million. It’s the fourth-largest 10-day domestic total ever.

“Beauty and the Beast,” along with Fox’s “Logan,” Warner’s “Kong: Skull Island,” and Universal’s “Get Out,” have led a charge over the past month that has given the domestic box office a major boost. According to comScore, March box office has already hit $1 billion for the first time — with five days left in the month.

Last year’s March set a record with $948.8 million domestically, led by Disney’s “Zootopia” ($255.9 million for the month) and Warner Bros.’ “Batman v Superman: Dawn of Justice” ($209.1 million).

“Power Rangers,” a re-imagining of the 1990’s television show about five teenage superheroes, outperformed expectations of about $30 million at 3,693 locations. The film earned an A CinemaScore from customers and A+ from the 30% of moviegoers under 18. The audience was 60% male.

The third weekend of Warner-Legendary’s “Kong: Skull Island” was headed for third place with $14.4 million at 3,666 locations, which gives the giant ape a domestic total of $133.5 million in its first 17 days.

Sony-Skydance’s “Life” stars Rebecca Ferguson, Ryan Reynolds, and Jake Gyllenhaal as International Space Station astronauts threatened by an extraterrestrial life form. It’s performing at the lower end of expectations in third place, despite generating mostly positive reviews with a 67% “fresh” rating on Rotten Tomatoes.

The fourth weekend of Fox’s “Logan” followed in fourth with $10.1 million at 3,687 sites. “Logan” is 2017’s second highest grosser with $201.5 million in Hugh Jackman’s farewell to the Wolverine character.

Universal-Blumhouse’s fifth weekend of surprise hit “Get Out” finished fifth with $8.7 million at 2,474 locations. The horror-comedy, Jordan Peele’s directorial debut, has become enormously profitable, given its $4.5 million budget.