Box Office Results: Memorial Day Weekend 2013

Moviegoers propelled the 2013 Memorial Day box office to record setting levels. The 2011 Memorial weekend was previously the biggest moneymaking frame when The Hangover Part II grossed a gargantuan $135 million. That record stands no more.

However, The Wolf Pack is not the primary reason why this time around. That honor belongs to Fast and Furious 6, which grossed a fantastic $120 million over the four-day frame. This comes in above my $106.8M projection. Clearly the goodwill from Fast Five (the franchise’s best reviewed and highest earning entry) and solid reviews for the sixth edition made this the must-see event of the weekend. The seventh Fast film is already slated to open next summer.

The news was not as good for the aforementioned Wolf Pack. The Hangover Part III opened to tepid reviews and received a “B” Cinemascore grade (for comparison, the second Hangover got an A-). It was starting to feel like audiences were souring on the franchise and this proved true. Part III grossed $51.2 million over the four-day frame and $63 million over the five-day frame (it opened Thursday, unlike the weekend’s other new entries). This is lower my projections of $60.3M and $77.4M over the four and five day, respectively. If a $63 million opening seems decent to you… well, not so much. Let me put it to you this way – that’s $72 million dollars lower than its predecessor’s opening gross just two years ago. Ouch.

Star Trek Into Darkness had an encouraging second weekend after a somewhat disappointing opening weekend. The JJ Abrams sequel earned $47 million over the holiday frame – above my $41M projection. A gross north of $200 million seems likely at this point.

The summer’s first animated feature Epic made a respectable $42.6 million, a tad below my $45.5M projection. It’s going to be a few weekends before Epic receives direct competition, so it should hold nicely for awhile.

Rounding out the top five is Iron Man 3 in its fourth weekend. It earned $24.4 million, slightly above my $21.7M estimate.

Tonight on the blog, I’ll make my projection for After Earth, Will Smith’s sci-fi flick opening this Friday. Tomorrow, my estimate for next weekend’s other opener, Now You See Me. Stay tuned!

Box Office Predictions: Memorial Day Weekend 2013

Well, folks, we’ve arrived at my Top Five Box Office Predictions for one of the most confusing and wild weekends I can ever recall.

Why?

Well, we have two huge releases Fast and Furious 6 and The Hangover Part III opening opposite each other. And we have Fox’s animated Epic which may have a hefty debut as well. I wrote separate blog posts on all three major openings with my predictions:

https://toddmthatcher.wordpress.com/2013/05/19/the-hangover-part-iii-box-office-prediction/

https://toddmthatcher.wordpress.com/2013/05/20/fastfurious-6-box-office-prediction/

https://toddmthatcher.wordpress.com/2013/05/21/epic-box-office-prediction/

We’ve got the second weekend of Star Trek Into Darkness, which debuted below expectations last weekend with $83.7 million. It was expected to make over $100 million. And we’ve still got Tony Stark and Gatsby out there. Can you say crowded marketplace?

I’ve extensively discussed what I think will happen in the posts above. Bottom line: I look for Vin Diesel, The Rock, and his Fast cohorts to dominate The Hangover‘s Wolf Pack. I expect Epic to have a solid debut.

And I look for Star Trek to lose about half its audience and continue its surprisingly unremarkable returns. Iron Man 3 should round out the top five. It’s worth noting that Hangover opens Thursday, while Fast and Epic debut Friday. My Top Five projections are my Friday-Monday (Memorial Day) predictions, but I’ve factored in my full five-day Hangover prediction. Got that? Yeah, it’s confusing.

MEMORIAL DAY 2013 BOX OFFICE PREDICTIONS

1. Fast&Furious 6

Predicted Gross: $106.8 million

2. The Hangover Part III

Predicted Gross: $60.3 million ($77.4 million projected five-day opening)

3. Epic

Predicted Gross: $45.5 million

4. Star Trek Into Darkness

Predicted Gross: $41 million

5. Iron Man 3

Predicted Gross: $21.7 million

I’ll be updating the Facebook page throughout the long weekend with results and Monday on the blog with final results. I will readily admit – this has been the toughest weekend since I started the blog to predict results. We’ll see what happens.

Epic Box Office Prediction

From 20th Century Fox this Memorial Day weekend comes Epic, a new animated feature that may benefit from being the only title in release marketing towards a kiddie audience.

It’s been two months since The Croods did robust business and that feature is now winding down. While we have two other huge debuts this weekend in Fast&Furious 6 and The Hangover Part III, those flicks are competing for the same audience. Epic is going after little ones and their parents.

Featuring a seriously eclectic voice cast that includes Amanda Seyfried, Colin Farrell, Josh Hutcherson, Christoph Waltz, Beyonce Knowles, Steven Tyler, Jason Sudeikis, and rapper Pitbull, Epic has the benefit of being the first animated feature out of the gate this summer. Oh, there will be plenty more: Monsters University, Despicable Me 2, Turbo, and Planes. 

Two months ago, The Croods opened at $43.8 million on a three-day gross, albeit in a less crowded market. Frankly, anything below $40M for any high-profile animated flick is pretty weak and I expect Epic to top that, though not by a whole lot. Even with a four-day gross factored in, Epic doesn’t seem to have any major buzz to it, but should still bring in enough of its target audience. As with any animated film, Epic could certainly surpass my somewhat modest prediction, but I’ll say:

Epic opening weekend prediction: $45.5 million

Tomorrow on the blog, my projection for Memorial Weekend’s Top Five.

Fast and Furious 6 Box Office Prediction

Vin Diesel, Dwayne Johnson, Paul Walker, and company take on the Wolf Pack in an epic showdown at the Memorial Day box office this weekend. It’s beginning to look like Fast will outpace The Hangover franchise.

I wrote extensively yesterday about the Wolf Pack’s chances at the multiplex this weekend and you can peruse that post right here:

https://toddmthatcher.wordpress.com/2013/05/19/the-hangover-part-iii-box-office-prediction/

As mentioned in the blog post, The Hangover seems like a franchise that’s losing steam. We are seeing the opposite with the Furious franchise. Let’s take a trip down franchise memory lane, shall we?

The Fast and the Furious (2001)

Opening Weekend: $40.8M. Total Domestic Gross: $144.5M

2 Fast 2 Furious (2003)

Opening Weekend: $50.4M. Total Domestic Gross: $127.1M

The Fast and the Furious: Tokyo Drift (2006)

Opening Weekend: $23.9M. Total Domestic Gross: $62.5M

Fast and Furious (2009)

Opening Weekend: $70.9M. Total Domestic Gross: $155M

Fast Five (2011)

Opening Weekend: $86.1M. Total Domestic Gross: $209.8M

You will notice that the last two Fast pics were enormous blockbusters. Fast Five not only was by far the franchise’s biggest grosser – it also earned critical respect unlike any other entry. The 2001 original had previously been the highest on Rotten Tomatoes at a decent 52%. Fast Five got 78%! Where does Fast&Furious 6 currently sit? 78%.

This all leads me to the conclusion that the sixth installment is likely to capitalize on the good will brought forth by its predecessor. Additionally, Fast 6 has the benefit of a four-day opening over a holiday weekend. If it performs similar to #5’s numbers with the extra day factored in, we could be looking at a gross of over $100 million for opening weekend.

What could stand in its way? One word: competition. The Hangover Part III and the second weekend of Star Trek Into Darkness are most certainly gunning for the same audience. This fact alone could mean that Fast 6 opens lower than expected.

However, I don’t believe it will. This franchise is red-hot at the right time and looks poised for an massive debut. I’m convinced it will be #1, landing the Wolf Pack a second place finish. Who would’ve thought this unexpected 2001 hit would turn into the franchise it is today? You gotta give Universal a lot of credit and I believe this weekend will keep the momentum going. By the way, #7 will be out next summer.

Fast&Furious 6 opening weekend prediction: $106.8 million

Tomorrow on the blog, look for my prediction for Epic, the animated feature that will attempt to get the kiddos to the theater this weekend. On Wednesday, my prediction for the Top Five including the second weekend of Star Trek Into Darkness. 

The Hangover Part III Box Office Prediction

Memorial Day weekend may answer the following question at the box office: Are moviegoers beginning to tire of the Wolf Pack?

Bradley Cooper, Zach Galifianakis, and Ed Helms return in The Hangover Part III, which opens on Thursday. Two years ago over the same weekend, the second Hangover installment earned an astonishing $135 million over the Thursday-Monday holiday period. This time around, there’s a key difference. While the first Hangover was a beloved comedy where audiences couldn’t wait for the gang to return, the sequel (while a huge hit) was met with a more mixed reaction. Due to this, the chances of #3 posting a similar debut weekend seems unlikely.

And then there’s the competition factor. In 2011, The Hangover Part II‘s opened against Kung Fu Panda 2, which was obviously going after a different audience. Now the Wolf Pack faces some serious competition in the form of Fast and Furious 6. I honestly was surprised when the decisions were made to open these titles against each other as I believe it will negatively effect numbers for both. Both Hangover and Furious are going after the younger male audience.

A fair comparison to what I believe could happen to this franchise is the Fockers trilogy with Robert De Niro and Ben Stiller. Audiences loved the original and were eager to see the second. The first sequel, Meet the Fockers, made a huge $279 million. By the time the third entry Little Fockers came around, audiences had begun to tire of the series and it only made $148 million. The first Hangover stormed multiplexes in summer 2009 with $277 million. The second in 2011 made $254 million. I don’t expect the third time to be the charm. It also doesn’t help that the trailers really haven’t been very funny.

Of course, there will be plenty of moviegoers ready to welcome the Wolf Pack back. I just don’t believe it will approach past entries. I’m actually more worried that my five-day prediction might be a little too high with Vin Diesel and company competing against it. And there’s also the second weekend of Star Trek Into Darkness, even though it opened lower than expectations. Maybe I’m wrong that audiences are giving up on this franchise, but that’s the feeling I get.

The Hangover Part III opening prediction: $77.4 million

Yep, that’s a full $58 million less than the second film’s take just two years ago and would be considered a pretty major disappointment.

Tomorrow on the blog, I’ll make my prediction for Fast and Furious 6. Stay tuned!

Box Office Results: May 16-19

Star Trek Into Darkness had a surprise opening at the box office this weekend with a softer than expected debut. Most prognosticators (including yours truly) estimated the sequel to the 2009 hit would gross over $100 million over the Thursday to Sunday frame. My exact prediction was $106.2M.

It didn’t go down that way. Darkness earned $84.1 million, not much higher than the three day opening of the original four summers ago. This has got to be a letdown for Paramount when one of their summer tentpoles opens a full $20 million below expectations. Still, an A Cinemascore grade could forecast nice legs ahead, even though there is fierce competition coming next weekend.

Other titles came in just a bit below my predictions. Iron Man 3 was second with $35.2 million (I projected $37.3M). In its second weekend, The Great Gatsby took third with $23.4 million (I estimated $25.6M). Pain and Gain was fourth with $3.1 million (I went with $3.4M). I incorrectly estimated 42 would be fifth with a $3.3 million gross. It came in sixth with $2.7 million, making The Croods fifth with $2.8 million.

Starting tonight on the blog, I’ll have prediction posts for the three big debuts for Memorial weekend. This evening – my prediction for The Hangover Part III. Tomorrow – Fast and Furious 6. Tuesday – the animated feature Epic. Stay tuned!

Box Office Predictions: May 16-19

JJ Abrams eagerly awaited Star Trek Into Darkness blasts into theaters this weekend. Opening on Thursday, I wrote a detailed blog post Monday in which I predicted its four-day take will bring in over $100 million. That post can be found here:

https://toddmthatcher.wordpress.com/2013/05/13/star-trek-into-darkness-box-office-prediction/

Captain Kirk and company should have no problem whatsoever debuting atop the box office. Last weekend’s #1 and #2 Iron Man 3 and The Great Gatsby, both huge hits, are likely to see drops close to the 50% range. It will be interesting in particular to see how Gatsby performs in its sophomore weekend. While the picture had a massive $50M opening, it earned a fairly weak B Cinemascore grade. Still, it’s the only title out there marketing to the female audience.

Rounding out the top five, Pain and Gain and 42 are bringing in considerably smaller grosses than the top 3 and are likely to see smaller declines.

And with that, my predictions for this weekend’s Top Five:

1. Star Trek Into Darkness

Predicted Gross: $106.2 million (over Thursday-Sunday)

All remaining predictions are for Friday to Sunday frame:

2. Iron Man 3

Predicted Gross: $37.3 million (representing a drop of 47%)

3. The Great Gatsby

Predicted Gross: $25.6 million (representing a drop of 49%)

4. Pain and Gain

Predicted Gross: $3.4 million (representing a drop of 33%)

5. 42

Predicted Gross: $3.3 million (representing a drop of 30%)

That’s all for now, but on Saturday I’ll have early results for how things are shaping up. And, of course, there will be a full report Sunday on the blog!

Star Trek Into Darkness Box Office Prediction

Before JJ Abrams moves onto making another beloved sci-fi franchise that begins with the word “Star”, the director is following up his massively successful restart of another beloved franchise with Star Trek Into Darkness, opening Thursday.

In the summer of 2009, Star Trek reinvigorated a slumping franchise to the tune of a $257 million domestic gross. The film’s reputation has only seemed to grow in the past four years. The sequel sees Chris Pine and Zachary Quinto return as Kirk and Spock and the marketing campaign has been heavy. With Iron Man 3 entering its third weekend, Darkness is poised to make a splashy #1 debut.

Against smaller expectations four years ago, Star Trek debuted to a very impressive $75 million in its first weekend. It would stand to reason that the sequel’s opening gross will be bigger. Plus it opens on Thursday, so the four-day gross alone as opposed to the original’s three should be greater.

The question is: just how much bigger will it open? While audiences certainly liked what they saw in 2009, it’s a legitimate point to wonder just how many new viewers will turn out the first weekend. The Trekkie fan base certainly grew with Abrams taking over the series and it exposed many younger moviegoers to Captain Kirk’s world.

While I believe the Friday to Sunday portion of Darkness‘s take will exceed $75 million, it may not exceed it by a whole lot, especially with the Thursday debut when die-hard Trekkies will rush out to see it.

So – what’s the ceiling here? I’d say $120 million is not unreasonable for the four-day take. Once again, I’m tempted to go there. Yet, ultimately, I believe a Friday to Sunday take in the mid-80s in addition to a high teens to low twenties Thursday gross is more possible.

In just two years, JJ Abrams will direct the breathlessly awaited seventh episode of the Star Wars franchise. He should definitely be coming off a sizable hit with Star Trek Into Darkness as he begins work on that picture in England.

Star Trek Into Darkness opening weekend (including Thursday) prediction: $106.2 million

On Wednesday, I’ll predict the weekend’s Top Five which includes the second frame of The Great Gatsby and Tony Stark’s third weekend.

Box Office Results: May 10-12

Well, when you’re wrong – you’re wrong and I was all kinds of wrong in multiple ways this weekend with my box office predictions. I didn’t give some movies enough credit and for others, I gave them way too much credit.

As expected, Iron Man 3 remained at #1 in its sophomore weekend, but fell further than I predicted. The Tony Stark adventure grossed $72.5 million for a 58% drop. I predicted it’d do $83.9M and experience a smaller decline. Still, IM3 is still poised to be the biggest earner of the summer and possibly the year.

The Great Gatsby outperformed nearly all expectations, including my own. The Leo DiCaprio flick grossed a terrific $51.1 million, well above my $41.3M projection. With a so-so B Cinemascore grade, Gatsby could experience hefty declines in coming weekends, but it’s still the only pic out there marketing towards the female audience.

I was way off with Tyler Perry Presents Peeples. I figured Perry’s name alone would bring in his audience. That did not happen. I predicted a solid opening of $18.5 million. Peeples was a total bomb, earning only $4.9 million for a fourth place showing. Whoops. With a weak B- Cinemascore grade, expect Peeples to be presented to DVD in short order.

Pain and Gain was third in its third weekend with $5 million, above my $3.3M projection. 42 was fifth with $4.7 million, higher than my $3.6M prediction.

Not a great weekend of predictin’ this time around, but I’ll try to do better tomorrow when I make my projection for next weekend’s big opener, Star Trek Into Darkness. My full Top Five predictions come Wednesday on the blog. Stay tuned!

Box Office Predictions: May 10-12

The second weekend of the 2013 Summer Box Office season continues with two new entries, The Great Gatsby and Tyler Perry Presents Peeples. 

On Monday, I wrote an extensive post outlining my Gatsby prediction which can be read here:

https://toddmthatcher.wordpress.com/2013/05/06/the-great-gatsby-box-office-prediction/

Yesterday, Tyler Perry Presents Peeples got the similar blog prediction treatment which can be read here:

https://toddmthatcher.wordpress.com/2013/05/07/tyler-perry-presents-peeples-box-office-prediction/

The new films are highly likely to open at numbers 2 and 3 over the weekend. There is really no doubt that last weekend’s champ Iron Man 3 will remain #1 by a wide margin. The big question is: how far will it drop? The Marvel adventure had the second largest opening weekend of all time with $174.1 million. Its opening is second only to last summer’s The Avengers, which debuted with $207 million and dropped 50% in its sophomore frame. That’s a terrific hold for such a gargantuan debut and Disney/Marvel would love to see a similar hold here. With a great “A” Cinemascore grade, a drop of only half could occur, though I’ll predict it falls a little bit more.

The top five is likely to be rounded out by holdovers 42 and Pain and Gain. With that, my predictions for this weekend’s Top Five:

1. Iron Man 3

Predicted Gross: $83.9 million (representing a drop of 54%)

2. The Great Gatsby

Predicted Gross: $41.3 million

3. Tyler Perry Presents Peeples

Predicted Gross: $18.5 million

4. 42

Predicted Gross: $3.6 million (representing a drop of 41%)

5. Pain and Gain

Predicted Gross: $3.3 million (representing a drop of 57%)

As always, updates will be posted on the Facebook page on Saturday with final results Sunday on the blog.

And if you think I’m wrong about the Gatsby and Peeples openings, I invite you to check out http://www.boxofficeace.com where you can compete against me with your own predictions.