Monday, April 10, 2017

Monday's Headlines - Weekend Box Office

DreamWorks' "The Boss Baby" has won another weekend with an estimated $26 million from 3,829 screens, enough to bring its worldwide cume over the $150 million mark and give it another victory over Disney's "Beauty and the Beast," which made an estimated $25 million in its fourth weekend and is now on the verge of crossing the $1 billion mark with an estimated global cume of $977 million.

With a lack of tentpole releases on the marquee this weekend, family films ruled the roost as the box office awaits the arrival of Universal's "The Fate of the Furious" next weekend, with the eighth installment in the unstoppable action film franchise expected to be 2017's next $100+ million opening.

Among new releases this weekend, "Smurfs: The Lost Village" performed well enough to complete the 1-2-3 sweep for family movies, but only made an estimated $14 million in its opening weekend from 3,610 locations. That's below the $20-22 million set by box office trackers and the $17.5 million made by "The Smurfs 2," a CGI/live-action hybrid film, back in 2013. The film has a reported production budget of $60 million and will be looking to build a solid multiple from family audiences going to the movies next weekend for the Easter holiday.

In fourth place is New Line/Village Roadshow's "Going In Style," which is estimated to meet tracker projections with a $12.5 million opening from 3,061 screens against a budget of $25 million. "Ghost In The Shell" rounds out the top five after taking a 60 percent hit to its already dismal $18 million opening, making only an estimated $7.3 million in its second frame, bringing its domestic cume to a paltry $31 million. With a $110 million budget before P&A, it appears that Paramount will be taking a write-down on this project.