Sunday, January 8, 2017

Weekend Box Office Report: Everyone Slips

Well, now that the holiday season has pretty much ended, things took dips...

Sing still leads the pack, sitting at #3. Falling 54%, it collected $19 million and the film sits at $213 million domestically. Is a $300 million final gross in play for this thing? I wouldn't be shocked if it got that high, as it is yet another leggy Illumination monster. Worldwide, it's at $356 million. It has yet to open in the UK, China, Russia, Japan, and ironically the country it was produced in... France. The film has already made over 4 1/2x its budget.

Moana had a milder dip, easing 41% and collecting $6 million for the weekend. The film is now at $225 million domestically, keeping Walt Disney Animation Studios' winning streak going, and passing the studio's Big Hero 6. If the film keeps it up, we could be looking at a $250 million domestic haul. Still yet to open in some key territories, Moana is up to $450 million worldwide. That's very good for now, as that is exactly 3x the picture's budget. I see some sites are writing Moana off as an underperformer. It is anything but... Not every animated feature is destined to magically pull Frozen/Zootopia/Inside Out/Secret Life of Pets numbers out of a hat. It's just the way it goes. Besides, the movie has already made 4x its opening weekend gross... Underperformance alright.

Down 35% this weekend was Trolls, still shining. It's now in the sub-500k zone, taking in 430k for the weekend. The picture looks to stop somewhere below $155 million domestically, and worldwide it's pretty much done. $340 million or below for the final global tally. That would be 2.7x the budget. DreamWorks seemed happy with Home, which made 2.9x the budget. Penguins of Madagascar made 2.8x its budget, but they deemed that a flop. I'm not sure what the verdict will be for Trolls, but I think all's well because of Trolls' very good domestic performance (something Home had, but Penguins didn't) and the consumer product sales I think were strong. I haven't seen so much merchandise for a DreamWorks movie in years.

Storks is surprisingly still playing in some theaters out there, but nothing has really changed: $72 million domestic / $180 million worldwide.

I'll of course cover Monster Trucks, as that is a Paramount Animation-branded flick and I'm curious to see how it does despite the fact that the distributor took a huge writedown on the picture many months ago. $115 million to be exact. The real box office fun will begin again with The Lego Batman Movie next month...

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