August 6-8 Box Office Predictions

James Gunn’s version of The Suicide Squad hits theaters and HBO Max streaming this Friday and it’s got surprisingly terrific reviews as a bonus feature to bring viewers out. You can peruse my detailed prediction post on it here:

The Suicide Squad Box Office Prediction

The first Squad from 2016 (the one without the THE in front of the title) landed just a 26% Rotten Tomatoes score while THE reboot is perched at an unexpectedly lofty 96%. However, with the Delta variant in play and the availability to HBO subscribers, I have this Squad achieving a low to possibly mid 40s start.

Margot Robbie and her devious friends represent the only newcomer. Jungle Cruise opened a bit above most projections (including mine). The question is whether its Disney Plus simultaneous debut will cause it to drop precipitously like Black Widow and other recent titles. I suspect the sophomore frame dip may not be quite as severe and mid 50s is my forecast.

The holdover battle for the #3 spot could be close between M. Night Shyamalan’s Old, critical favorite The Green Knight, and Black Widow. I actually think Widow could rise from 4th to 3rd with the smallest drop (assuming Old falls about 50%). Knight, despite the laudatory reviews and a larger than expected debut, only nabbed a C+ Cinemascore grade and that could mean a 60% range dip is in the cards.

And with that, my top 5 take on the frame ahead:

1. The Suicide Squad

Predicted Gross: $40.8 million

2. Jungle Cruise

Predicted Gross: $15.5 million

3. Black Widow

Predicted Gross: $3.7 million

4. Old

Predicted Gross: $3.5 million

5. The Green Knight

Predicted Gross: $2.7 million

Box Office Results (July 30-August 1)

Disney had reason to celebrate over the weekend as Jungle Cruise with Dwayne Johnson and Emily Blunt opened at the high end of projections. The theme ride based adventure, sporting mostly positive reviews, landed with $35 million (ahead of my $28.4 million estimate). Additionally, the studio’s streamer Disney Plus reported $30 million in rental action. That’s about as rosy as scenario possible given the continuing complications for theaters.

Old dropped to second with a near 60% plummet at $6.8 million, in line with my $6.6 million take. It’s earned $30 million so far and that’s decent considering the small budget.

The Mouse Factory wasn’t the only studio that exceeded projections as The Green Knight was third with $6.7 million – well beyond my meager $3.4 million guesstimate. As mentioned above, the middling audience reaction could halt its momentum in weekend #2, but that’s certainly a better start than anticipated.

Black Widow was fourth with $6.4 million (I said $5.6 million) to bring its tally to $167 million.

Matt Damon’s Stillwater premiered in fifth with a muted $5.1 million. That’s right in line with my $5.2 million estimate as mostly solid reviews couldn’t bring adult moviegoers out in substantial fashion.

Space Jam: A New Legacy was sixth with $4.2 million (I was close with $4.5 million) for a three week $60 million total.

Lastly, Snake Eyes nosedived in its second outing after a disastrous opening with $4 million (I said $4.7 million). The ill-fated G.I. Joe reboot has amassed just $22 million.

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

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