Oscar Predictions: Masters of the Universe

Masters of the Universe hopes to have the power of box office potency when it debuts this weekend. As I wrote in my financial prediction post, that could be a challenge. This is the second big screen treatment for the animated series and toy line behind 1987’s dud with Dolph Lundgren as He-Man. Nicholas Galitzine takes over the role almost four decades later with Jared Leto as Skeletor. The supporting cast includes Camila Mendes, Alison Brie, James Purefoy, Jóhannes Haukur Jóhannesson, Kristin Wiig (providing voiceover work), Morena Baccarin, and Idris Elba. Travis Knight, no stranger to adapting 80s material with Bumblebee, directs.

Several critics are being kind and calling it entertaining summer fluff. The Rotten Tomatoes score is 74%. The 53 Metacritic is more indicative of some negative critical reaction as well. The mid 80s Masters actually received a Razzie nomination in Supporting Actor for Billy Barty. The new Masters probably won’t show up there. With Visual Effects as the only remote possibility, I can’t imagine it showing up at the Academy Awards either. My Oscar Prediction posts will continue…

June 5-7 Box Office Predictions

**Blogger’s Update (06/03): A day after posting my top 5 predictions, we are making it a top 6. The Amazing Digital Circus: The Last Act wasn’t really on my radar screen. However, the combination of episodes for the adult web animated series opens Thursday and is expected to make some noise. My $13.1 million Friday to Sunday guesstimate gives it the 5 spot, knocking The Mandalorian to sixth.

While scary movies ruled the charts in the remarkable weekend that just happened, the franchise that spoofs them returns to theaters for the first time in 13 years and should place #1. In addition to Scary Movie, He-Man is back in multiplexes after nearly 40 years offscreen with Masters of the Universe. You can peruse my detailed prediction posts on the newcomers here:

Scary Movie looks to be arriving at an opportune time as horror flicks are dominating and posting previously unthought of grosses via Backrooms and Obsession. The sixth entry in the series began in 2000, it could absolutely break the franchise opening record held by Scary Movie 3 at $48 million. I’ve got it just under in what should be an uncomplicated path to the top slot.

The race for #2 is more open. Adapting the toy line and Saturday morning cartoon that began over 40 years ago (and led to a panned Dolph Lundgren live-action version in 1987), Masters needs family audiences to turn out as teens and adults will be preoccupied with Scary Movie and scary movies. My projection of just under $30 million would be considered a letdown. If Masters does my estimated figure, it opens the door for Backrooms to be second if it drops in the 60% range. That’s what I’m saying will happen in a photo finish.

Then there’s Obsession which has built its earnings from the first week to the second to the third. As mentioned before, that’s practically unheard of for any wide release movie (let alone a horror one). I have it finally easing in the mid teens in week #4, but we’re in uncharted territory here so who knows?

After a troubling second outing, The Mandalorian and Grogu should round out the top five. Finally, Power Ballad with Paul Rudd and Nick Jonas expands nationwide. I didn’t do an individual post for it. I’ll put its wide release at $4.2 million and that’s well outside the top five.

Here’s how I have it shaking out:

1. Scary Movie

Predicted Gross: $47.5 million

2. Backrooms

Predicted Gross: $30.6 million

3. Masters of the Universe

Predicted Gross: $29.8 million

4. Obsession

Predicted Gross: $23.4 million

5. The Amazing Digital Circus: The Last Act

Predicted Gross: $13.1 million

6. The Mandalorian and Grogu

Predicted Gross: $11 million

Box Office Results (May 29-31)

Before Backrooms came out, A24’s largest opening weekend belonged to Civil War at $25 million. I knew Backrooms would blast past that record and predicted that it would more than double that figure at $57 million. I couldn’t have been more wrong. Based on the hit found footage web series, it more than tripled A24’s previous best at $81.4 million. To say the least, young viewers turned out in droves and a new franchise is undoubtedly born.

Obsession stayed in second and increased its crowd by 14% at $27.3 million, falling just below my $29.5 million prediction. The phenomenon now has $105 million in the bank after three weeks.

A week after experiencing the worst Star Wars start in the Disney era, The Mandalorian and Grogu had the heftiest percentage drop of them all. Falling 70%, it made $24.4 million compared to my $25.6 million call. The less than anticipated total is $136 million.

Michael was fourth with $11.8 million (I said $13 million) as the musical biopic has amassed $340 million after six weeks.

Nate Bargatze is a bestselling stand-up, but it didn’t translate to box office bucks in his first starring vehicle The Breadwinner. It sputtered in fifth with only $7.3 million. I was more generous at $12.1 million.

Finally, Pressure opened in seventh with $5.8 million. The well-reviewed World War II drama got beyond my $4.9 million estimate with the fifth highest per theater average in the top 10.

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