July 30-August 1 Box Office Predictions

Dwayne Johnson and Emily Blunt’s theme ride based Disney adventure Jungle Cruise should have no trouble topping the charts as July rolls to August at the box office. It opens alongside the Matt Damon drama Stillwater and David Lowery’s medieval tale The Green Knight with Dev Patel and Alicia Vikander. You can peruse my detailed prediction posts on all of them here:

Jungle Cruise Box Office Prediction

Stillwater Box Office Prediction

The Green Knight Box Office Prediction

After a rather sluggish weekend where no newcomer topped $20 million, Jungle should easily cruise to that and more. Whether it tops $30 million is more of a question mark (especially with the Delta variant complicating matters). I’m putting it just under $30M while no other title should hit $10 million.

The jockeying for slots 2-5 could be interesting. Let’s get The Green Knight out of the way. While Lowery is an acclaimed indie filmmaker, I don’t see this having much initial crossover appeal. I have yet to see a theater count and my estimate of $3.4  million puts it well outside the top 5 (my estimate could change based on number of screens). **Blogger’s Update (07/28): the 2500 estimated screen count has revised my estimate for this up from $2.2M to $3.4M

Stillwater is a bit more of a head scratcher. It has solid reviews yet I can’t shake the feeling that this might have been better positioned for an autumn release. It could certainly open higher than my $5.2 million projection, but I also wouldn’t shocked if it went lower.

The position of Stillwater in the top 5 will be determined by the sophomore drops of Old and Snake Eyes and the fourth weekend performance of Black Widow. 

Widow and Space Jam: A New Legacy have experienced hefty declines in their second frames. With mixed to negative reviews, I see no reason why Old and Snake Eyes won’t suffer the same fate. Both could see their fortunes fall in the mid 50s (that could be best case) or 60% or more. I’m thinking the latter. There’s a chance that Space Jam could stay in the high five if Snake Eyes dips in the mid 60s (I think it’ll be awfully close)

Here’s how I have all the action playing out:

1. Jungle Cruise

Predicted Gross: $28.4 million

2. Old

Predicted Gross: $6.6 million

3. Black Widow

Predicted Gross: $5.6 million

4. Stillwater

Predicted Gross: $5.2 million

5. Snake Eyes

Predicted Gross: $4.7 million

6. Space Jam: A New Legacy

Predicted Gross: $4.5 million

Box Office Results (July 23-25)

Considering its low budget, the performance of M. Night Shyamalan’s Old isn’t necessarily bad news for Universal. However, it definitely came in on the low end of expectations with $16.8 million for a gold medal showing. I was more generous at $19.8 million. Word-of-mouth doesn’t seem very encouraging and I anticipate a sophomore drop in the 60% range.

There’s really no way to spin the Snake Eyes gross in a positive way for Paramount with its disappointing silver medal. The hoped for G.I. Joe reboot tanked with just $13.3 million compared to my $17.2 million projection. You could say it was a real American no show with audiences. With a budget in the reported $100 million range, this should easily put this franchise on the skids for some time.

Black Widow took the bronze in weekend #3 with $11.6 million (I went a little higher at $12.9 million). The MCU stand-alone feature has made $154 million thus far and will be one of the lowest performers of the MCU library.

Space Jam: A New Legacy plummeted from its #1 perch to fourth with a near 70 percent fall. The $9.5 million gross was way under my take of $15.8 million and the two-week tally is $51 million. There’s no chance the LeBron and Looney Tunes sequel will make $100 million stateside.

F9 was fifth with $4.8 million (I said $5.1 million) to bring its total to $163 million.

Escape Room: Tournament of Champions was sixth in its second outing with only $3.5 million (I went with $4.5 million) for $16 million overall.

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

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