October 21st, 2013
This week on the home market is... well... it's short. Last week, according to Amazon.com, there were 459 new releases or reissues. This week there are 161. Fortunately, there are a few releases of note, including The Conjuring, which pulled in more than $300 million worldwide on a production budget of just $20 million. Fortunately, it really deserved this success and the DVD or Blu-ray Combo Pack are contenders for Pick of the Week. Other contenders include Before Midnight on DVD or Blu-ray Combo Pack and The Way Way Back on DVD or Blu-ray Combo Pack. In the end, it was literally a coin toss and The Conjuring won.
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September 1st, 2013
Hollywood's Summer ends this weekend with a suitably back-to-school winner in the form of One Direction: This is Us. The 3D concert movie will pick up $17 million Friday-Sunday, largely on the back of an impressive $8.9 million gross on Saturday. While that won't set it up to challenge Justin Bieber or Miley Cyrus among the top grossers in this particular sub-genre, it does show the solid business model for 3D films that cater to pop fans. Performances among other films playing this weekend were more varied.
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June 17th, 2013
It was a very good week at the box office with Man of Steel breaking the record for biggest June weekend topping Toy Story 3 by more than $6 million. Nearly every film in the top five matched or beat expectations, which helped the overall box office reach $204 million. This was 37% higher than last weekend and 57% higher than the same weekend last year. Year-to-date, 2013 is still behind 2012, but is has closed the gap to $150 million, or 3.1%, at $4.56 billion to $4.71 billion.
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June 10th, 2013
We have a good news / bad news situation. The good news is The Purge crushed expectations and dominated the box office over the weekend. Additionally, nearly every film in the top ten held on better than expected. The bad new is... it still wasn't enough. The overall box office fell 9% from last weekend to $149 million. Worse still, this was 18% lower than the same weekend last year. This is terrible, but fortunately things should turn around next weekend.
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June 9th, 2013
Coming into this weekend, Universal was already celebrating above-expectations performances this year for their releases Fast and Furious 6, Identity Thief and Mama, but those three successes have been eclipsed by a big surprise in the opening weekend for The Purge. The home invasion movie, made for just $3 million, will top the chart this weekend with an estimated $36.4 million, blowing past all expectations, and putting it on par with big budget movies like Oblivion. Doing so from a modest 2,536 theaters (and with a correspondingly low marketing budget) makes the victory even sweeter for the studio, which now boasts a 15% market share for the year. If it keeps going at this pace, Universal will have its best year since we started keeping records in 1995.
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June 6th, 2013
The first weekend in June is also the slowest weekend in June as far as wide releases go. Neither The Internship nor The Purge are likely to become more than midlevel hits. Even so, one of them should finish in first place, ending Fast and Furious 6's two-week run on top. Last year there were two major releases, Madagascar 3: Europe's Most Wanted and Prometheus earned more than $50 million during their opening weekend. Neither new release will match that figure. They won't make that much combined over the weekend.
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June 2nd, 2013
May ended on a mixed note, but there was still enough to celebrate. Of the seven films I thought had a legitimate shot at $100 million, four have already gotten there, one more is a sure thing, and another has a good shot as well. Only one, After Earth, will definitely fail to get to that milestone. (Although Now You See Me might get there instead.) Looking forward to June, there are four weekends, each with two wide releases, for a total of eight films. Of those eight, six have a legitimate shot at $100 million. One, Monsters University, should have no trouble getting to $200 million, and another, Man of Steel, should top $300 million. It is hard to compare this June with last June, because last June there were five weekends. Taking that into account and ignoring the first week, which lines up with the final week of May, there were eight wide releases. Of those eight, five hit $100 million, including three $200 million movies. There were no $300 million movies, so if the two big hits this month do as well as expected, 2013 could come out ahead.
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May 31st, 2013
There are two wide releases coming out next week: The Internship and The Purge. I'm not sure which one will have the better start and I was going to flip a coin to determine the target movie for this weeks' box office prediction contest, but I couldn't find a coin. ... So I'm picking The Purge. In order to win, one must simply predict the opening weekend box office number for The Purge.
Whoever comes the closest to predicting the film's opening 3-day weekend box office (Friday to Sunday), regardless if they go over or not , will win a copy of Space Warriors on Blu-ray. (The link is to the DVD, because the Blu-ray is a Walmart exclusive.)
Entries must be received by 10 a.m., Pacific Time on Friday to be eligible, so don't delay!
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