Monday, May 1, 2017

Monday's Headlines - Weekend Box Office

This weekend was the nadir of what has become a bipolar year at the box office, but it comes with an extraordinary, if unsettling sidelight: Mass audience fare is no longer guaranteed, even with top stars and well-known IP.

“How to Be a Latin Lover” (Lionsgate) and “Baahubali 2: The Conclusion” (from previously unheralded Great India) ranked second and third, both over $10 million. Those are grosses better than not only STX’s “The Circle” (which had the benefit of Emma Watson and Tom Hanks, and is based on Dave Eggers’ novel), but are also better than any new release on the same weekend last year. Studios concede the weekend before the new Marvel release in early April, but that’s also an opportunity that two smart distributors recognized.

That left “The Fate of the Furious” (Universal) as the default #1 again. $19 million for a third weekend, and $192 million total, is strong for any film — except in comparison to its performance in the rest of the world.

One other title of note: High-flying Blumhouse Prods.’ “Sleight,” acquired out of Sundance 2016, grossed only $1.7 million in 565 theaters via BH Tilt. It actually had the best reviews of any new studio or studio-adjacent film this week, but for once the Blumhouse magic didn’t transpire.

The Top Ten

1. The Fate of the Furious (Universal) Week 3; Last weekend #1
$19,340,000 (-49%) in 4,077 theaters (-252); PTA (per theater average): $4,756; Cumulative: $293,721,000

2. How to Be a Latin Lover (Lionsgate) NEW – Cinemascore:; Metacritic: 53; Est. budget: $
$12,019,000 in 1,118 theaters; PTA: $10,750; Cumulative: $12,019,000

3. Baahubali 2: The Conclusion (Great India 2) NEW – Est. budger: $39 million
$10,138,000 in 405 theaters; PTA: $23,855; Cumulative: $10,138,000

4. The Circle (STX) NEW – Cinemascore:; Metacritic: 43; Est. budget: $18 million
$9,320,000 in 3,163 theaters; PTA: $2,947; Cumulative: $9,320,000

5. The Boss Baby (20th Century Fox) Week 5; Last weekend #2
$9,050,000 (-29%) in 3,792 theaters (+42); PTA: $2,420 Cumulative: $148,500,000

6. Beauty and the Beast (Disney) Week 7; Last weekend #3
$9,050,000 (-34%) in 3,155 theaters (-160); PTA: $; Cumulative: $480,100,000

7. Going in Style (Warner Bros.) Week 4; Last weekend #4
$6,400,000 (-27%) in 2,761 theaters (-277); PTA: $2,029; Cumulative: $37,320,000

8. Smurfs: The Lost Village (Sony) Week 4; Last weekend #6
$3,315,000 (-32%) in 2,554 theaters (-183); PTA: $1,298; Cumulative: $37,735,000

9. Gifted (Fox Searchlight) Week 4; Last weekend #6
$3,300,000 (-28%) in 2,215 theaters (+229); PTA: $1,490; Cumulative: $15,830,000

10. Unforgettable (Warner Bros.) Week 2; Last weekend #7
$2,345,000 (-51%) in 2,417 theaters (no change); PTA: $970; Cumulative: $8,840,000