Box Office Predictions: December 21-23

Blogger’s Note (12/18/18): Some updates as Aquaman estimate have risen and Mary Poppins Returns has dwindled a bit.

Hollywood is hoping that Yuletide cheer is spread among a host of newcomers opening this weekend. We have superhero fish tale Aquaman, Disney sequel Mary Poppins Returns arriving over a half century following its classic predecessor, Transformers franchise prequel Bumblebee, Jennifer Lopez rom com Second Act, and the Robert Zemeckis drama Welcome to Marwen starring Steve Carell. You can peruse my detailed prediction posts on all of them here:

https://toddmthatcher.com/2018/12/11/aquaman-box-office-prediction/

https://toddmthatcher.com/2018/12/10/mary-poppins-returns-box-office-prediction/

https://toddmthatcher.com/2018/12/11/bumblebee-box-office-prediction/

https://toddmthatcher.com/2018/12/14/second-act-box-office-prediction/

https://toddmthatcher.com/2018/12/15/welcome-to-marwen-box-office-prediction/

Expectations for Aquaman have floated upwards in recent days with decent reviews and terrific numbers overseas. It seems destined to rule the charts with a mid 70s performance and the possibility of rising even higher.

Mary Poppins Returns gets an early start on Wednesday and the runner-up spot appears to be a given. It’s also benefiting from mostly strong critical reaction and some Oscar chatter.

Speaking of critics, we were all taken aback when Bumblebee achieved its own positive buzz with a current 98% rating on Rotten Tomatoes (that’s better than the last four movies in the series… combined). Having the best reviews of a Transformers pic should certainly help , but competition is seriously steep and the franchise has been on the downside. I’ve got it pegged for mid 20s, but don’t be surprised if it over performs.

With Second Act estimated at $6.5 million and Welcome to Marwen (which seems DOA) at $3.8 million, that would put both of them outside the top 5. Last weekend’s top two earners Spider-Man: Into the Spider-Verse and The Mule should fill out the rest of high-five.

And with that, here’s those merry projections:

1. Aquman

Predicted Gross: $77.3 million

2. Mary Poppins Returns

Predicted Gross: $34.8 million (Friday to Sunday); $52.2 million (Wednesday to Sunday)

3. Bumblebee

Predicted Gross: $26.2 million

4. Spider-Man: Into the Spider-Verse

Predicted Gross: $20.1 million

5. The Mule

Predicted Gross: $10.2 million

 

Box Office Results (December 14-16)

The Spider-Man character, through seven films this century, has never failed to open at #1. The streak held as the acclaimed Spider-Man: Into the Spider-Verse took in $35.3 million, not quite reaching my $43.4 million forecast. With an A+ Cinemascore grade, this should play well throughout the holiday season. I do expect a drop of just over 40% coming up considering the level of competition, but that should subside the following weekend.

Clint Eastwood’s The Mule got off to a solid start in second as a prime option for older moviegoers. The thriller took in $17.5 million and I was as close as can be with $17.6 million. Like Spidey, it may dip about 40% and then level off well in coming weekends.

The Grinch was third with $11.7 million (I said $10.8 million) to bring its total to a pleasing $239 million.

Ralph Breaks the Internet dropped to fourth after three weeks at #1 with $9.2 million, in line with my $9.7 million estimate. The Disney sequel has taken in $154 million.

Mortal Engines staked its claim for biggest flop of the year as the Peter Jackson penned sci-fi adventure stalled in fifth place with just $7.5 million. I was higher at $12.4 million. That doesn’t bode well when its reported budget was $100 million.

Finally, the PG-13 Once Upon a Deadpool failed to attract many eyeballs in 11th place with $2.6 million – under my $4.2 million prediction. The good news? The very R-rated sequel that preceded it this summer was already at about $315 million domestic.

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

Bumblebee Box Office Prediction

Times have changed in significant ways for the Transformers franchise that started eleven years ago. They manifest themselves with the release next weekend of Bumblebee, a prequel to the multi-billion series. For starters, Michael Bay is not in the director’s chair for the first time after making the first five. Travis Knight, most known for the acclaimed animated Kubo and the Two Strings, takes over those duties. Hailee Steinfeld headlines the 1980s set tale alongside John Cena, Jorge Lendeborg Jr., John Ortiz, and the voice of Dylan O’Brien as the title Autobot.

A second major difference: Bumblebee is unexpectedly getting very good reviews with a current Rotten Tomatoes rating of 97%. Nearly every sequel since the 2007 original has been critically lambasted while still bringing in the bucks. Positive word-of-mouth should only help, but competition is fierce as the holidays approach. Two days before this debuts, Mary Poppins Returns is out and will take away family audiences. Opening directly against it is Aquaman, which will siphon away action fans.

Which brings us to point #3 – expectations have fallen for the franchise and Paramount hopes its best revenge is better than anticipated returns. This will almost surely have the smallest premiere of the series. That’s even with the caveat that four of the five Transformers pics got early jumps and opened during the middle of the week. The series showed rust in the summer of 2017 when The Last Knight had a $44 million traditional Friday to Sunday rollout and a $130 million domestic haul (by far the lowest of the quintet).

Add all that up and I’m not convinced the pleasing critical (ahem) buzz gets this beyond mid 20s considering its venerable competitors.

Bumblebee opening weekend prediction: $26.2 million

 

For my Aquaman prediction, click here:

https://toddmthatcher.com/2018/12/11/aquaman-box-office-prediction/

For my Mary Poppins Returns prediction, click here:

https://toddmthatcher.com/2018/12/10/mary-poppins-returns-box-office-prediction/

For my Second Act prediction, click here:

https://toddmthatcher.com/2018/12/14/second-act-box-office-prediction/

For my Welcome to Marwen prediction, click here:

https://toddmthatcher.com/2018/12/15/welcome-to-marwen-box-office-prediction/

Aquaman Box Office Prediction

Blogger’s Note (12/18/18): Update here as I’m increasing my $74.3 million estimate up to $77.3 million.

We don’t have Vincent Chase from TV’s “Entourage” starring in it as portrayed on that show years ago with James Cameron directing. Yet DC Comics hero Aquaman finally gets his stand-alone experience next weekend. Instead it’s Jason Momoa reprising his role as the waterlogged warrior after first seeing him in Batman v Superman: Dawn of Justice and Justice League. James Wan, who made the Conjuring entries and Furious 7, directs. The supporting cast includes Amber Heard, Willem Dafoe, Patrick Wilson, Dolph Lundgren, and Nicole Kidman. In a bit of irony, Julie Andrews has a voice-over while Mary Poppins Returns serves as competition over the pre-Christmas frame.

Aquaman marks the sixth DC Extended Universe feature that began in 2013 with Man of Steel. The lowest grossing opener of the series was Justice League in November of last year with $93 million. All others (Steel, BvS, Suicide Squad, Wonder Woman) took in over $100 million. Forecasts and expectations aren’t as high here, but Warner Bros is certainly hoping for a sizable hit. The film opened in China last weekend to robust results. Reviews are fairly solid with a current Tomato rating of 78%.

No previous DC Universe production has premiered in the crowded holiday month of December. Direct competition comes from both Poppins (family crowd) and Bumblebee (action crowd). With Disney’s famous nanny getting a two-day jump on Wednesday, Aquaman appears in good position to grab the #1 spot.

My feeling is that it will do so with a gross in the mid 70s.

Aquaman opening weekend prediction: $77.3 million

For my Mary Poppins Returns prediction, click here:

https://toddmthatcher.com/2018/12/10/mary-poppins-returns-box-office-prediction/

For my Bumblebee prediction, click here:

https://toddmthatcher.com/2018/12/11/bumblebee-box-office-prediction/

For my Second Act prediction, click here:

https://toddmthatcher.com/2018/12/14/second-act-box-office-prediction/

For my Welcome to Marwen prediction, click here:

https://toddmthatcher.com/2018/12/15/welcome-to-marwen-box-office-prediction/

Mary Poppins Returns Box Office Prediction

Blogger’s Note (12/18/18): My estimate has been revised down a bit to a low to mid 30s three-day and low to mid 50s five-day

to Arriving 54 years after its beloved predecessor and with the same awards buzz, Disney unveils Mary Poppins Returns on Wednesday next week. The musical fantasy casts Emily Blunt in the role made famous by Julie Andrews, who won an Oscar as the iconic nanny. Blunt is expected to get a nod as well. Rob Marshall, the man behind 2002 Best Picture winner Chicago and most recently Into the Woods, directs. Lin-Manuel Miranda, Ben Whishaw, Emily Mortimer, Angela Lansbury, Julie Walters, Colin Firth, and Meryl Streep are included in the supporting cast. So is Dick Van Dyke, as an offspring of the role he played in the original.

Though official reviews aren’t out yet, buzz from screenings has been glowing and it’s already popped up on numerous top ten lists and major Academy precursors. The Mouse Factory marketing machine is second to none and anticipation is high. Furthermore, Poppins gets a two-day jump on its Christmas weekend competition, most notably Aquaman and Bumblebee.

It’s worthy of note that many holiday offerings greatly expand their grosses on subsequent weekends and aren’t nearly as front loaded as summer pics. That is probable here as I expect Poppins to experience a long and robust run.

The Wednesday debut probably means it’ll come in second to Aquaman, which opens Friday. I have a strong hunch you’ll see at #1 eventually. One fair comp is last year’s Jumanji: Welcome to the Jungle. It also came out on Wednesday, taking in $36 million for the traditional weekend frame and $52 million when factoring the extra two days. The key number? It legged out to $404 million domestically.

I am counting on a similar track here and estimating it manages to fly a bit higher. I’ll say this reaches high 30s to low 40s from Friday to Sunday and get high 50s with Wednesday and Thursday accounted for.

Mary Poppins Returns opening weekend prediction: $34.8 million (Friday to Sunday); $52.2 million (Wednesday to Sunday)

For my Aquaman prediction, click here:

https://toddmthatcher.com/2018/12/11/aquaman-box-office-prediction/

For my Bumblebee prediction, click here:

https://toddmthatcher.com/2018/12/11/bumblebee-box-office-prediction/

For my Second Act prediction, click here:

https://toddmthatcher.com/2018/12/14/second-act-box-office-prediction/

For my Welcome to Marwen prediction, click here:

https://toddmthatcher.com/2018/12/15/welcome-to-marwen-box-office-prediction/

Oscar Watch: Bumblebee

Alright, stay with me here. You might be thinking it’s silly to see a post with Bumblebee and Oscar Watch in the same title. However, let us not forget that the Transformers franchise (despite mostly negative reviews) has garnered seven nominations from the Academy over the last decade plus.

In 2007, the original film received three nods (Best Visual Effects, Sound Editing, Sound Mixing). Two years later, sequel Revenge of the Fallen got a Sound Mixing mention. In 2011, Dark of the Moon nabbed the same three category nods as part one. Follow-ups Age of Extinction and The Last Knight went empty-handed in the Academy’s tech categories.

This brings us to Bumblebee, the 1980s set prequel that opens on December 21. Critical reaction has been surprisingly strong and it stands at 100% at the moment on Rotten Tomatoes. Many reviews suggest it’s the best of the series.

Last week, the pic made the shortlist of 20 entries eligible for Best Visual Effects. Therefore, it’s got a chance and the sound races could come into play as well. My feeling is that some other high-profile blockbusters will get in before this. Yet I wouldn’t totally count it out based on the positive notices.

Bottom line: this franchise has shown its ability in three categories to get attention. Bumblebee has an outside chance at recognition. My Oscar Watch posts will continue…

The Oscars Go “Popular”: An Analysis

The Academy of Motion Picture Arts and Sciences dropped a rather big bombshell today with some announced changes to their Oscar telecast. First off, they’re claiming the show will now be just three hours (I’ll believe it when I see it). Additionally, some categories (I imagine numerous tech ones) will be announced live during commercial breaks and then edited into the show later. This probably won’t make the individuals in those races happy, but it should speed up the program.

However, the most noticeable and interesting change is the addition of a new category (something the Academy rarely does). The addition is described as “Outstanding Achievement in Popular Film”. No other details have been provided, but this would appear to be an attempt by the Academy to include blockbusters that haven’t made the cut in Best Picture.

So what does that mean? What is the criteria? That was not announced today and it will be fascinating to see what such criteria is. Could it be a particular gross… say over $100 million domestically? Could it be the number of the theaters a movie is released in? Time will tell and hopefully these details will be revealed shortly. It isn’t even immediately clear that these changes will all be in effect for the 2019 telecast, but I imagine they will be.

Even though nothing is totally clear at press time, that won’t stop me from speculating and asking, “What if this category had been in effect in previous years?”

Before that, let’s start with this year. If there is a Best Popular Film category in 2018, that greatly increases the chances of Marvel’s Black Panther and horror smash A Quiet Place getting nods. There’s also Mission: Impossible – Fallout (the most acclaimed entry in the franchise) or perhaps Avengers: Infinity War. Pixar will certainly see Incredibles 2 nominated in Best Animated Feature, but it could make a play here as well. And we still have fall releases like Mary Poppins Returns and A Star Is Born out there.

There will be plenty of speculation as to whether Black Panther will be the first superhero pic to nab a Best Picture nomination. There is little doubt it would be recognized in this new category.

It’s been discussed on this blog previously about the 2008 Oscars which omitted The Dark Knight in the Best Picture derby. That development was likely responsible for the Academy changing its rule of five nominated films to anywhere between five and ten. Yet it would appear the Academy still isn’t satisfied with major hits being included.

Let’s consider last year. Of the nine Best Picture nominees, only two grossed over $100 million – Get Out and Dunkirk. If the Popular Film category had existed a year ago, I imagine both features would have achieved double nominations. Assuming this new category contains five nominees (something not revealed yet), what would the other three have been? There’s plenty of blockbusters to choose from: Beauty and the Beast, Wonder Woman, It, Logan, Coco, The Greatest Showman, War for the Planet of the Apes, Wonder, and Baby Driver. 

Here’s my best guess of what a Best Popular Film slate would have looked like in 2017:

Dunkirk, Get Out, Logan, War for the Planet of the Apes, Wonder Woman

And I’m thinking Get Out would have won.

In 2016, you might have seen Deadpool and The Jungle Book as Popular picks.

In 2015, there could have been room for Star Wars: The Force Awakens and Straight Outta Compton.

2014? Perhaps Guardians of the Galaxy and Gone Girl. 

Heck, let’s go way back. Would Jurassic Park have won Best Popular Film in 1993? I don’t think so. I bet it would have gone to The Fugitive, which nabbed an actual Best Picture nomination.

Of course, there would have been years where Best Picture and Best Popular Film match. 1994 with Forrest Gump. 1997’s Titanic. 2000’s Gladiator. Lord of the Rings: The Return of the King in 2003.

Back to today. I would say this new category seems tailor-made for Black Panther. Does that mean its chances for a Best Picture nod are now diminished because voters figure it runs away with this? Perhaps. And that’s why I’m not too wild about this change at the moment. This has the potential to look like a desperate play by the Academy. At the least, it’s an acknowledgment that audience favorites and Academy favorites don’t often match.

That said, let’s see what the criteria is and I’ll judge from there. It’s a new era at the Oscars… one where Bumblebee stands a shot (however remote) at Oscar glory!