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August 7, 2013
 

Weekend Box Office Predictions AUGUST 9-11

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Written by: Mitch Metcalf
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The 32nd weekend of the year is looking like $165 million for the top 12 films, a very good result for the second week of August.  Four movies aimed at very different audiences should open reasonably well, giving the box office a short term boost.  But most of the four openers should disappear quickly, and the current crop of holdovers is really losing steam.  In a few weeks, box office will look very weak, indeed.

Opening at around 2,700 3,284 theaters Friday (just under comfortably above the 2,886 average theater count for opening weekends the last two years), Elysium from Sony should average $13,300 $10,900 per theater for the three-day weekend (for a $35.5 million opening weekend). [The average wide-release film the past two years has had an opening weekend of $5,300 per theater.]  The early reviews at RottenTomatoes are promising (especially compared to the other three openers this week): 66% positive so far. Elysium should be on track for $100 million domestic.

Opening at about 3,400 3,702 theaters Friday, Planes from Disney should average $8,200 $7,500 per theater for the three-day weekend (for a $27.5 million opening Friday-Sunday). The film is scoring a weak 29% positive score at RottenTomatoes. Planes should be on course for maybe $100 million domestic.  This is not a Pixar film (despite the very Pixar-like appearance of the characters and marketing). The critics are not giving this film the adoration they usually heap on Pixar movies, and audiences will not be fooled after the first few days.

Opening at around 3,150 3,260 theaters today, We’re the Millers from Warner Brothers should average $7,300 $7,100 per theater for the three-day weekend (for a $23 million opening Friday-Sunday). Combined with an estimated $9 million today and Thursday, the comedy should total $32 million through Sunday. The film is scoring a soft 30% positive score at RottenTomatoes. We’re the Millers should be on course for $85 million domestic.

Opening at around 2,800 2,907 theaters today, Percy Jackson: Sea of Monsters from 20th Century Fox should average $6,900 $6,700 per theater for the three-day weekend (for a $19.5 million opening Friday-Sunday). Combined with an estimated $8 million today and Thursday, the sequel should total $27 million through Sunday. The film is scoring 28% positive score at RottenTomatoes so far. Percy Jackson: Sea of Monsters should be on course for $60 million domestic, well below the $88.8 million domestic total for Percy Jackson & The Olympians: The Lightning Thief (released February 12, 2010).

 

NEW FILMS THIS WEEKEND

August 9-11, 2013

Critics Positive ($ millions)
Opening Weekend Forecast Domestic Total Projection
Elysium Sony R 66% 35.5 100
Planes Dis PG 29% 27.5 100
We’re the Millers WB R 30% 23.0 85
Percy Jackson: Sea of Monsters Fox PG 28% 19.5 60
Note: Although critic reviews are not related to the size of the opening weekend, they are significantly correlated with the size of the declines in the opening weeks of a movie. The Domestic Total is a very early ShowBuzzDaily projection of the total North American gross, based on the Weekend Forecasts.

 

No holdover will dominate business this weekend as we begin to transition to late August when the air really comes out of the box office balloon.  

 

RETURNING FILMS

August 9-11, 2013

Change vs Last Weekend ($ millions)
Weekend Forecast Showbuzz Domestic Final Proj.
2 Guns Uni -50% 13.4 81
The Wolverine Fox -48% 11.2 145
The Smurfs 2 Sony -44% 9.9 95
The Conjuring WB -41% 7.7 148
Despicable Me 2 Uni -42% 5.9 364
Grown Ups 2 Sony -43% 4.5 136

 

Box Office Volume

For the past four years, the top 12 films in this comparable weekend have averaged $133 million total, ranking 23rd of 52 weeks. Last year, this weekend’s total was $133 million (while 2011 was $143 million and 2010 was $132 million). With four films opening decently to different audience segments this weekend, this Friday-Sunday is looking like a decent $165 million, up 24% from the multi-year average for the comparable weekend up 24% from the same weekend last year.

 

This Weekend Last Two Years

8.10.2012

The Bourne Legacy UNI PG13 Jeremy Renner Edward Norton
Opening Weekend — Forecast: $39 Actual: $38
Domestic Gross — Estimate: $112 Actual: $113
International — Estimate: n/a Actual: $163

The Campaign WB R Will Ferrell Zach Galifianakis
Opening Weekend — Forecast: $25 Actual: $27
Domestic Gross — Estimate: $87 Actual: $87
International — Estimate: n/a Actual: $17

Hope Springs SONY PG13 Meryl Streep Tommy Lee Jones
Opening Weekend — Forecast: $12 Actual: $15
Domestic Gross — Estimate: $62 Actual: $64
International — Estimate: n/a Actual: $45

8.12.2011

The Help DIS PG13 Emma Stone Bryce Dallas Howard
Opening Weekend — Forecast: $18 Actual: $26
Domestic Gross — Estimate: $131 Actual: $169
International — Estimate: n/a Actual: $37

Final Destination 5 WB R David Koechner Emma Bell
Opening Weekend — Forecast: $22 Actual: $18
Domestic Gross — Estimate: $51 Actual: $43
International — Estimate: n/a Actual: $115

30 Minutes or Less SONY R Jesse Eisenberg Aziz Ansari
Opening Weekend — Forecast: $17 Actual: $13
Domestic Gross — Estimate: $41 Actual: $37
International — Estimate: n/a Actual: $3

Glee: The 3D Concert Movie FOX PG
Opening Weekend — Forecast: $9 Actual: $6
Domestic Gross — Estimate: $16 Actual: $12
International — Estimate: n/a Actual: $7

 

Check back throughout the weekend for box office updates as the actual numbers come in.



About the Author

Mitch Metcalf
MITCH METCALF has been tracking every US film release of over 500 screens (over 2300 movies and counting) since the storied weekend of May 20, 1994, when Maverick and Beverly Hills Cop 3 inspired countless aficionados to devote their lives to the art of cinema. Prior to that, he studied Politics and Economics at Princeton in order to prepare for his dream of working in television. He has been Head of West Coast Research at ABC, then moved to NBC in 2000 and became Head of Scheduling for 11 years.