Indiana Jones and the Dial of Destiny will continue into into its sophomore frame with its opening count of 4,600 theaters, once again easily making it the widest release of the week. The latest installment of the beloved adventure franchise turned up $60.37 million in its opening weekend, and currently holds a six-day total of $89.4 million, while bumping the franchise’s worldwide box office to over $2.1 billion. This week it will try to fend off the arrival of two new wide releases, as well as a surprise hit that arrived on the Fourth of July.
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2023 is off to a flying start at the box office, with Avatar: The Way of Water continuing to defy gravity, and M3GAN posting the best opening for a sci-fi horror movie in years. With A Man Called Otto also coming in well ahead of expectations, and all other films in the top 10 outperforming (bar the seasonal sensation Violent Night), over $100 million will be spent on movie tickets in North America this weekend.
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After the fantastic opening for Shang-Chi and the Legend of the Ten Rings last weekend, our model is expecting a September slump at the box office this time around, with three new high-profile releases not doing enough to make up for a big drop for the Marvel superhero movie in its second weekend. The market’s best hope lies with Malignant, the supernatural horror movie from James Wan, but it’ll take a miracle to see anything like the overall business we saw over Labor Day weekend, and Shang-Chi is very unlikely to be unseated at the top of the chart.
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Shang-Chi and the Legend of the Ten Rings was a welcome surprise at the box office last week as the latest Marvel film tallied up an impressive $75 million during its first weekend, and currently carries a six-day total of $106 million in North America. The film debuted in 4,300 locations and will retain that count entering its second week. New this week from Warner Bros. is Malignant, directed by James Wan and starring Annabelle Wallis. The supernatural-horror film is estimated to debut in 3,800 theaters, including IMAX locations, while simultaneously being available to stream on HBO Max. Also new in wide release this week is the Kendrick Brothers’ inspirational docu-drama from Sony Pictures, Show Me the Father, opening in 1,073 locations. Rounding out the top five this week is Free Guy, going from 3,885 last week, to 3,650 this week; Candyman settling in at 3,279 locations this week; and PAW Patrol: The Movie, which begins its fourth week in 2,820 theaters.
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Madison is paralyzed by shocking visions of grisly murders, and her torment worsens as she discovers that these waking dreams are in fact terrifying realities.
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November turned out to be a really, really good month. I thought 2018’s lead over 2017 would shrink, potentially by $200 million to $300 million. However, the lead actually managed to grow a little bit, thanks to hits like Ralph Breaks the Internet, Dr. Seuss’ The Grinch, Fantastic Beasts: The Crimes of Grindelwald, and Bohemian Rhapsody. December has an equal number of potential hits, led by Mary Poppins Returns, which some think will top $300 million. Additionally, Spider-man Into the Spider-Verse, Aquaman, Bumblebee, and Holmes and Watson all have a realistic shot at $100 million or more. On the other hand, last December was stronger, at least on top. The Last Jedi earned more than $500 million just during December, which is more than any December release this year will earn in total. It could be more than the top two films earn in total. 2018 will win the in year-over-year competition; however, its lead won’t be as large as it is at the start of the month.
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Overall, August was a little better than expected. Granted, there were no monster hits, but Warner Bros. had two $100 million hits in The Meg and Crazy Rich Asians. Meanwhile, Christopher Robin will come close enough to that milestone to be a hit. This allowed 2018 to stretch its lead over 2017 by over $700 million. Will that lead grow in September? Nope. Not even close. There are three major problems that will hurt September’s box office. Firstly, there are a lot of films that may or may not open wide. Secondly, there are no films opening this month that have a better than 50/50 chance of hitting $100 million. Finally... It. It destroyed records last September, earning more during its opening weekend than any film opening this month will earn in total. Fortunately, 2018 has such an enormous lead that even with It, 2018 should remain ahead of 2107 by $500 million at the end of the month.
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May was great, as long as you don't compare it to last May. Captain America: Civil War was a monster hit and is closing in on $400 million, while both X-Men: Apocalypse and The Angry Birds Movie will earn over $100 million. Looking ahead, every week in June, there is one movie that should top $100 million; however, only Finding Dory is expected to make more than $200 million. In fact, that film is expected to make close to $400 million domestically and over $1 billion worldwide. Last June, there were two monster hits, Inside Out and Jurassic World, plus one $100 million hit, Spy. I don't see how 2016 will top that. Even if every film with a shot at $100 million gets to that milestone, 2016 still might not top last year's pace. Fortunately, 2016 does have a large lead and that could be enough to keep 2016 ahead of 2015's pace in the year-over-year competition. It could be really close at the end of the month, on the other hand.
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Furious 7 is the latest in the Fast and the Furious franchise. The films started out okay, but critical reception fell quickly. It wasn't until Fast Five when the filmmakers realized they were making, in essence, live-action cartoons that they truly found their voices. This focus helped the box office, so much so that Furious 7 became just the third film to earn more than $1 billion internationally and just the fourth film to earn $1.5 billion worldwide. Is the quality up to the same level as its box office? The odds of that are nearly zero. However, is it at least as entertaining as its box office numbers would indicate?
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March ended on a good note and helped 2015 maintain its lead over 2014 thanks to a trio of $100 million movies: Cinderella, Insurgent, and Home. April isn't as strong as far as depth goes, as only Furious 7 is expected to come close to $100 million at the box office. On the positive side, it could earn $100 million during its opening weekend, becoming the fastest starting film of the year, so far. On the negative side, it is expected to earn more than double the rest of the films' combined box office totals. Even worse, last April, there were two $100 million hits, including Captain America: The Winter Soldier, as well as two others that came close. There's no way April 2015 is going to live up to April 2014. I just hope the collapse isn't so bad that 2015 loses its lead over 2014 completely.
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August ended, and we should be very grateful for that. Lee Daniels' The Butler was a surprise hit, while We're the Millers did better than expected. However, most other films that were expected to be solid hits failed to live up to expectations. Fortunately, August of 2012 was even worse, so 2013 regained the lead on the year-to-year comparison during the month. Looking forward, there is exactly one film that will likely become more than a midlevel hit in September: Cloudy with a Chance of Meatballs 2. That film has a chance to reach $100 million in total. Most of the rest of the new releases will be lucky if they get halfway there. Fortunately, September of 2012 was even worse. Hotel Transylvania was a surprise hit, earning nearly $150 million, and there were a few others that topped $50 million, but there were also several outright bombs. If we can avoid those types of bombs, then 2013 should continue its winning streak.
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The Wolverine did not live up to expectations, but it still dominated the weekend box office chart, earning more than double the second place film, The Conjuring. Overall, the box office fell nearly 12% when compared to last weekend hitting $172 million. This is still 28% higher than the same weekend last year, which is a great result. In total, 2013 has pulled in $6.40 billion, which is just under $20 million or 0.3% below last year's pace. This is fantastic; however, had The Wolverine performed as well as some were expecting, 2013 would have pulled into the lead over the weekend.
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For the most part, June was a really strong month at the box office with nearly every film either matching expectations, or at least coming close enough to call it a victory. Looking forward, there are a dozen films opening wide in July, more or less. One of them, The Smurfs 2, is opening on a Wednesday, so I'm going to hold off talking about that movie till the August preview. Kevin Hart: Let Me Explain is opening in less than 1000 theaters, but it has a shot at reaching the top ten during its opening weekend. If we include both of them, there are twelve films, but I think it is better to stick with the ten truly wide, truly July openings. Of these, Despicable Me 2 is clearly going to be the biggest hit at the box office. It could become the second biggest hit of the year so far. It is not the only film that could be a $100 million hit. In fact, there are six films opening in July that I think have a better than 50% chance of reaching that level. There is currently only one film that I think won't at least become a midlevel hit. By comparison in 2012, there were three $100 million movies, led by The Dark Knight Rises, but the rest of the new releases struggled. There's no chance any movie opening this month will top $400 million, in fact, it is quite possible no film will get to $300 million. That said, 2013 has a lot better depth, so it might come out on top in the end.
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