Box Office Report: “Kung Fu Panda 3” heads Superbowl weekend while new releases falter, “Star Wars” breaks $900M

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Double the trouble! (Image courtesy of 20th Century Fox)

(FEBRUARY 5 – FEBRUARY 7, 2016 actuals)
Last Weekend

  1. Kung Fu Panda 3 (Week 2) – $21,242,181
  2. Hail, Caesar! (Opening) – $11,355,225
  3. Star Wars: The Force Awakens (Week 8) – $6,973,316
  4. The Revenant (Week 7) – $6,939,795
  5. The Choice (Opening) – $6,050,443
  6. Pride and Prejudice and Zombies (Opening) – $5,324,240
  7. The Finest Hours (Week 2) – $4,826,239
  8. Ride Along 2 (Week 4) – $4,560.715
  9. The Boy (Week 3) – $4,083,822
  10. Dirty Grandpa (Week 3) – $4,040,023

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  • Kung Fu Panda 3 drops 48.5% and has made $69M so far but it’s a far cry from the $100M that Kung Fu Panda 2 made by its second weekend. Then again, that was a Summer release.
  • While certainly below what we would hope for in a wide Coens release, that’s just wishful thinking. Hail, Caesar! is divisive, earning a CinemaScore of just C- despite the star-studded cast. It’s the lowest opening of a Coen brothers wide release unfortunately, but its relatively small $22M budget will mean it won’t burn too much. It still outran the two other new releases in the top 10 and they had 400-700 more theaters than Hail, Caesar! So, small victory.
  • Star Wars: The Force Awakens hits two landmarks this weekend. It’s the first film to cross $900M in the domestic box office and the third film ever (and first non-James Cameron film) to cross $2B worldwide. It’s still got a short $180M dash to cross Titanic and a mammoth $700M marathon to cross Avatar but perhaps it can squeeze between them. The real triumph will be whether it can hit $950M domestically, which will put it in the adjusted top 10 highest grossing films, the first film to do so since Titanic and the second since 1982’s E.T. I’m going to go see it again to give it a little push.
  • On the back of the DGA win it’s looking like Inarritu may repeat with The Revenant at the Oscars, at least in the Best Director category. It’s really surprising the amount of crowds it’s drawing but it’s by far the film that’s most reaping the benefits of coming in the heat of awards season. It’s grossed $149M so far and $326M worldwide. Worth the effort of the production eh?
  • The Choice is some kind of Nicolas Sparks thing but it’s by far the lowest grossing of his adaptations. It’ll have to have a killer hold next weekend to be worth the effort of making/writing/thinking of it.
  • Pride and Prejudice and Zombies had been hinging on its gimmick for some years now but unfortunately didn’t hit the spot when it was finally released. It had the widest new release of the weekend actually but a pitiful theater average of $1.8k. Even though it had a relatively small budget of $28M, it’s not looking good.
  • The Finest Hours dropped 53.1% and has made $18M so far. Doubtful that Hollywood will rush out to sea too soon.
  • Ride Along 2 drops 45.9% and has made $77M so far. It did just cross $100M worldwide but that doesn’t count for as much as domestically, which it doesn’t look like it’ll end up hitting. It’ll at least double its $40M budget though.
  • The Boy also, coincidentally, drops 45.9%, and has made $26M so far. Cracking champagne bottles though with its $10M budget.
  • Dirty Grandpa drops 46.8% and has made $29M so far. Probably should’ve been a Spring Break film if they wanted to even try.

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  • In other news, there’s not much else in other news. Lets update the contenders. The Big Short is at $63M and $111M worldwide.
  • Brooklyn is at $32M and roughly $41M worldwide.
  • Spotlight is at $36M and $48M worldwide.
  • Room is at $11M and roughly $16M worldwide.
  • Jane Got A Gun had the second largest second weekend drop of all-time for a film in over 1,000 theaters and dropped a staggering 84.8%. Ouch. Did you even know it was out?

Sources: http://www.boxofficemojo.com/

What did you see this week? Shout out in the comments!