Articles

January 2, 2017
 

New Year’s Weekend Box Office Update

  • SumoMe

 

Official studio estimates are in for New Year’s Weekend in the US, but overseas numbers are still sketchy.  A few notes:

ROGUE ONE (Lucasfilm/Disney) had a US result in keeping with preliminary numbers, up 15% on Sunday and with an anticipated 12% Monday drop.  This puts it at $439.7M domestically, 41% below The Force Awakens after 18 days of release, and heading for $550M here.  The more important number, though, is the overseas running total of $350M after a $45.8M weekend playing everywhere except China.  It’s getting hard to see a path for Rogue One to more than match its US total overseas, a blow to Disney, which had put a lot of effort into broadening the franchise’s international footprint after Force Awakens earned 55% of its global total outside the US.  Nevertheless, a $1.1B worldwide total (which could very possibly stretch to $1.15B, allowing it to duel with Captain America: Civil War for the biggest title of 2016) is hardly anything to weep about.

SING (Illumination/Universal) had a 10% increase on Sunday and is hoping to stay steady today as parents need one more family event before schools start again, putting it at $180M here.  It also had a moderate $24.3M weekend in 56 markets (not yet including China, France, the UK or Japan) for a $105M total.

PASSENGERS (Village Roadshow/LStar/Columbia/Sony) gained 27% on Sunday and is expecting a 23% drop today to put it at $61.5M in the US.  It’s currently at $60M overseas and has a long way to go before it can thinking about breaking even on $250M in production/marketing costs.

Oddly enough, it was WHY HIM? and ASSASSIN’S CREED (both 20th) that had the biggest New Year’s Day lifts in the Top 10, respectively up 48% and 44%.  That still leaves them at $37.6M and $41.9M as of Monday, which won’t get them very far (especially the costly Assassin’s Creed), but their audiences were active on the holiday.

LA LA LAND (Summit/Lionsgate) had the highest per-theatre average this weekend of any film in wide release, even higher than Rogue One, and stands at $37M as of Monday.  It’s also at $27.8M early in its international release, largely due to a remarkable $17.7M in Korea, where it’s just slightly below the totals for franchise movies like X-Men: Apocalypse ($20.6M) and Jason Bourne ($19.1M).

As with the wider release films, some of the least successful limited titles had the largest New Year’s bumps.  LIVE BY NIGHT (Warners), which is flailing with a 3-day per-theatre average of $9K at 4, is nevertheless reporting a 89% increase on Sunday.  Similarly, A MONSTER CALLS (Focus/Universal), with its $5300 weekend average at 4, had a 54% Sunday bump.  The more stable PATRIOTS DAY (CBS/Lionsgate) also had a strong Sunday with a 70% Sunday increase and $21K weekend average at 7, and SILENCE (Paramount), with a $20.8K weekend average, rose 55% on Sunday.  All of these films will shift into wide release over the next few weekends as they hope to benefit from awards season.



About the Author

Mitch Salem
MITCH SALEM has worked on the business side of the entertainment industry for 20 years, as a senior business affairs executive and attorney for such companies as NBC, ABC, USA, Syfy, Bravo, and BermanBraun Productions, and before that, at the NY law firm of Weil, Gotshal & Manges. During all that, he has more or less constantly been going to the movies and watching TV, and writing about both since the 1980s. His film reviews also currently appear on screened.com and the-burg.com. In addition, he is co-writer of an episode of the television series "Felicity."