Box Office Predictions: July 7-9

There’s only one new major release this weekend hitting multiplexes, but it’s a big one in the form of Spider-Man: Homecoming. This is the third iteration of the beloved web slinger with Tom Holland inheriting the tights after his cameo in Captain America: Civil War. You can peruse my detailed prediction post on it here:

https://toddmthatcher.com/2017/06/27/spider-man-homecoming-box-office-prediction/

Spidey should easily rule the charts this weekend and my prediction puts it a couple million above what the original accomplished 15 years ago.

As for holdovers, Despicable Me 3 had a somewhat disappointing debut (more on that below) and I look for it to lose nearly half its audience in the sophomore frame.

Baby Driver, on the other hand, was quite a breakout hit and word of mouth is strong. Its drop-off shouldn’t be as pronounced. Wonder Woman and Transformers look to round out the top five.

And with that, my top 5 projections for the weekend ahead:

1. Spider-Man: Homecoming

Predicted Gross: $117.8 million

2. Despicable Me 3

Predicted Gross: $36.3 million (representing a drop of 49%)

3. Baby Driver

Predicted Gross: $13.6 million (representing a drop of 34%)

4. Wonder Woman

Predicted Gross: $9.9 million (representing a drop of 37%)

5. Transformers: The Last Knight

Predicted Gross: $7 million (representing a drop of 58%)

Box Office Results (June 30-July 2)

Illumination Entertainment’s Despicable Me 3 earned an estimated $72.4 million, which easily placed it first. However, this was easily $10 million below most of the lowest guesstimates. I projected a higher haul at $88.7M.

Edgar Wright’s critically acclaimed Baby Driver greatly exceeded expectations with a $20.5 million Friday to Sunday gross and a cool $29.5 million since its Wednesday opening. This blew away my respective predictions of $10.9M and $15.8M and proved that audiences are hungry for programming in the summer that isn’t a sequel or reboot.

Transformers: The Last Knight slipped to third with $16.8 million (in line with my $17.4M forecast) for a $102M total.

Wonder Woman was close behind in fourth with $15.7 million (I said $14.5M) to bring its massive earnings to $346M.

Cars 3 rounded out the top five with $9.6 million (I was higher at $12.1M) for a $120M overall gross.

The poorly reviewed Will Ferrell/Amy Poehler comedy The House was DOA in sixth place, earning only $8.7 million for its start (I said $13.8M).

Finally, Sofia Coppola’s The Beguiled expanded its theater count and took in $3.1 million compared to my $3.8M prediction.

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

Despicable Me 3 Box Office Prediction

Illumination Entertainment’s blockbuster animated franchise is back on screen next weekend as Despicable Me 3 debuts. The series returns the voices of Steve Carell and Kristin Wiig, as well as Trey Parker, Steve Coogan, Julie Andrews, and Jenny Slate.

The Despicable flicks began in 2010 when the original debuted to $56 million and a $251 million eventual domestic haul. The 2013 sequel reached higher with an $83 million premiere (8th largest animated opening ever) and $368 million overall. Two summers ago, the spin-off Minions opened to an amazing $115 million (good for 3rd animated debut all-time) and $336 million overall.

Will part 3 continue the upward swing as far as openings go? Probably not. As I see it, kids and their folks will still come out in droves.  Illumination would love to see this open with the $104 million achieved by last summer’s The Secret Life of Pets and it’s certainly possible. However, I foresee a start roughly on par with part 2 and maybe a bit higher. My forecast gives it the 8th biggest animated opening, supplanting its predecessor.

Despicable Me 3 opening weekend prediction: $88.7 million

For my The House prediction, click here:

The House Box Office Prediction

For my Baby Driver prediction, click here:

Baby Driver Box Office Prediction

For my The Beguiled prediction, click here:

The Beguiled Box Office Prediction

Minions Box Office Prediction

Two summers ago, Despicable Me 2 rocketed out of the gate over the July 4th weekend with a better than expected $83.5 million over the three day traditional weekend and $143 million over the holiday frame. Its eventual domestic gross of $368 million would be good for fourth on the list of 2013 earners.

With that glorious performance fresh in mind, it’s anticipated that Minions, out Friday, should have a stealthy opening. The 3D animated pic is a spinoff of Universal’s venerable franchise that should easily tide fans over until Despicable Me 3 hits screens in the summer of 2017.

Lots of familiar faces populate the voices behind the characters, including Sandra Bullock, Jon Hamm, Michael Keaton, Allison Janney, Steve Coogan and Geoffrey Rush. Reviews have been mostly positive as it stands at 74% on Rotten Tomatoes, which exactly matches the number posted by DM2. There will be competition as Pixar’s Inside Out continues to post robust numbers, but family audiences should have no trouble fitting these cute little Minions in their schedule.

I would anticipate the film debuting to just under the $100 million mark and the possibility certainly exists that it could top that magic century mark. Whether or not it reaches the eventual gross of its franchise predecessor remains to be seen.

Minions opening weekend prediction: $96.4 million

For my Self/less prediction, click here:

https://toddmthatcher.com/2015/07/04/selfless-box-office-prediction/

For my The Gallows prediction, click here:

https://toddmthatcher.com/2015/07/04/the-gallows-box-office-prediction/

Summer 2015 Movies: The Predicted Century Club

The 2015 Summer Movie Season officially kicks off two weeks from today when Avengers: Age of Ultron blasts into theaters. It will compete for the largest domestic opening of all time (where it needs to beat its predecessor) and is highly likely to be the season’s highest earner. That got me to thinking – while Ultron is poised to gross $500 million or higher, it’s been the $100 million mark that studios still like to brag about. This prompted me to look at the past five summer flick seasons and how many pictures reached that milestone.

In 2010, it was 13 movies that reached the mark: Toy Story 3, Iron Man 2, Twilight Saga: Eclipse, Inception, Despicable Me, Shrek Forever After, The Karate Kid, Grown Ups, The Last Airbender, The Other Guys, Salt, Robin Hood, and The Expendables.

Things improved in 2011 with 18 films reaching the century club: Harry Potter and the Deathly Hallows Part 2, Transformers: Dark of the Moon, The Hangover Part II, Pirates of the Caribbean: On Stranger Tides, Cars 2, Thor, Rise of the Planet of the Apes, Captain America: First Avenger, The Help, Bridesmaids, Kung Fu Panda 2, X-Men: First Class, The Smurfs, Super 8, Horrible Bosses, Green Lantern, Bad Teacher, and Cowboys and Aliens.

The low mark was the following year in 2012 with just 12: The Avengers, The Dark Knight Rises, The Amazing Spider-Man, Brave, Ted, Madagascar 3, Men in Black 3, Ice Age: Continental Drift, Snow White and the Huntsman, Prometheus, Magic Mike, and The Bourne Legacy.

Yet the high mark came the following summer in 2013 with 19: Iron Man 3, Despicable Me 2, Man of Steel, Monsters University, Fast and Furious 6, Star Trek Into Darkness, World War Z, The Heat, We’re the Millers, The Great Gatsby, The Conjuring, Grown Ups 2, The Wolverine, Now You See Me, Lee Daniels’ The Butler, The Hangover Part III, Epic, Pacific Rim, and This is the End.

2014 dipped with 14: Guardians of the Galaxy, Transformers: Age of Extinction, Maleficent, X-Men: Days of Future Past, Dawn of the Planet of the Apes, The Amazing Spider-Man 2, Godzilla, 22 Jump Street, Teenage Mutant Ninja Turtles, How to Train Your Dragon 2, Neighbors, Lucy, The Fault in Our Stars, and Edge of Tomorrow. 

That averages out to 15 pictures earning $100M plus per summer over this decade.

So where do I have 2015 matching up? Not breaking records, but in good shape. My predictions for the year’s $100M earners is 16 and they are as follows (in order of release date): Avengers: Age of Ultron, Mad Max: Fury Road, Pitch Perfect 2, Tomorrowland, San Andreas, Spy, Jurassic World, Inside Out, Ted 2, Magic Mike XXL, Terminator: Genisys, Minions, Ant-Man, Trainwreck, Mission: Impossible – Rogue Nation, and Fantastic Four. 

Of course, there’s always sleepers. And there’s others that I could have predicted but think will fall short: the Reese Witherspoon/Sofia Vergara comedy Hot Pursuit, horror remake Poltergeist, the film version of Entourage, the Adam Sandler video game inspired action comedy Pixels, the Vacation reboot, and the NWA biopic Straight Outta Compton are among them.

As predicted, summer 2015 should see its number of century club inductees on the slightly high end without reaching the heights of 2013. And as always, you’ll see box office predictions every Saturday from me on each and every one of ’em!