Box Office Predictions: January 5-7

The first full weekend of 2018 begins with one major new release – Insidious: The Last Key, the fourth entry in the Blumhouse horror franchise. You can peruse my detailed prediction post on it here:

https://toddmthatcher.com/2017/12/28/insidious-the-last-key-box-office-prediction/

As I see it, the newbie looks poised for a third place showing. The top two should be held by Star Wars: The Last Jedi and Jumanji: Welcome to the Jungle. However, unlike the last two weekends, I don’t see it in that order.

Jumanji came within a half million dollars of unseating Jedi for the four-day New Year’s weekend. I’ll predict it has a smaller percentage drop and rises to the top spot in weekend #3.

I also see The Greatest Showman vaulting above Pitch Perfect 3 to stay in the #4 position.

Here’s my top 5 estimates for the weekend ahead:

1. Jumanji: Welcome to the Jungle

Predicted Gross: $29.1 million (representing a drop of 41%)

2. Star Wars: The Last Jedi 

Predicted Gross: $24.8 million (representing a drop of 52%)

3. Insidious: The Last Key

Predicted Gross: $18.6 million

4. The Greatest Showman

Predicted Gross: $10.6 million (representing a drop of 32%)

5. Pitch Perfect 3

Predicted Gross: $8 million (representing a drop of 52%)

Box Office Results (December 29-January 1)

The year ended with a box office photo finish between Star Wars: The Last Jedi and Jumanji: Welcome to the Jungle, adding some excitement as Luke Skywalker and company nearly were knocked off their #1 perch.

Jedi managed to take the top spot with $66.8 million (below my four-day estimate of $77.8 million) to bring its total to $531 million. While this is well below what Force Awakens earned, Jedi did become 2017’s highest grossing film over Disney’s Beauty and the Beast.

Jumanji was right behind with $66.3 million (topping my $58 million forecast) for a total of $185 million thus far. As mentioned above, look for this to vault to #1 this weekend.

Pitch Perfect 3 was third with $21.6 million compared to my $25.1 million prediction in its second weekend for a $68 million overall gross.

The Greatest Showman was close behind in fourth with $20.9 million, displaying great legs and easily eclipsing my $14.9 million projection. It’s at $54 million overall.

Ferdinand rounded out the top five with $14.8 million (I said $12.5 million) for $57 million total.

Coco was sixth with $10 million (I said $9.8 million) for a $182 million tally.

All the Money in the World took the seven spot with a solid $7.2 million compared to my $5.2 million prediction for $14 million thus far.

Darkest Hour was eighth with $7 million (I said $7.3 million) and $19 million total.

Downsizing was ninth at $6.2 million (I said $6.1 million) for $16 million overall while The Shape of Water was 11th at $4.7 million (I said $5.7 million) and it’s also made $16 million.

I incorrectly had Father Figures outside the top ten, but it was 10th with $4.9 million and $14 million overall.

And that does it for now, folks! Until next time…

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