Box Office Predictions: Weekend of January 20-22, 2023

After a solid MLK long weekend at the box office, tech thriller Missing (a stand-alone sequel to 2018’s Searching) hopes to keep the 2023 momentum going in multiplexes. You can peruse my detailed prediction post on it here:

As the only new wide release, I’ve got Missing making the top five. However, it may fall under four holdovers. Avatar: The Way of Water should have no trouble staying in first for the sixth frame. The battle for #2 should be far more interesting. If Missing over performs, it could get there.

I’ve got the earnings of M3GAN, Puss in Boots: The Last Wish, and A Man Called Otto separated by under a million. All three did well over the holiday. M3GAN is likely to suffer the biggest drop, but I’ve still got it clinging to #2 with Otto right behind and Boots in fourth.

Here’s how I see it looking for your high five:

1. Avatar: The Way of Water

Predicted Gross: $23.9 million

2. M3GAN

Predicted Gross: $9.5 million

3. A Man Called Otto

Predicted Gross: $9.3 million

4. Puss in Boots: The Last Wish

Predicted Gross: $8.7 million

5. Missing

Predicted Gross: $6.8 million

Box Office Results (January 13-16)

Friday the 13th and the rest of the weekend was not unlucky as Avatar: The Way of Water 5-peated wtih $39.8 million. That’s just below my take of $41.2 million as James Cameron’s massive sequel sits at $571 million.

M3GAN held up well in its sophomore frame in second with $21.6 million from Friday to Monday. Ahead of my $18.7 million projection, the campy horror hit is grooving to $60 million thus far.

Puss in Boots: The Last Wish actually increased from the previous weekend in third at $18.9 million (slashing past my $13 million estimate). The animated sequel is now in nine figures with a lively $111 million.

Tom Hanks helped bring in adult moviegoers as A Man Called Otto expanded nationwide with a fourth place gross of $15.4 million (on target with my $15.9 million prediction). With an A Cinemascore grade, look for this to hold up well in the coming weeks. The tally is $21 million and growing.

Gerard Butler’s Plane took off in fifth with a decent $11.8 million (flying higher than my $7.2 million forecast). I suspect a drop at or close to 50% is where this lands next weekend.

Finally, comedic remake House Party did OK considering its lowly 1400 screen count. It was sixth with $4.6 million and that’s more RSVPs than my $3 million guesstimate.

That does it for now, folks! Until next time…

January 13-16 Box Office Predictions

Blogger’s Update (01/11): Considering its meager 1500 screen count and scant buzz, I’m revising my House Party prediction down from $6 million to $3 million. That puts it outside of the top 6.

The 2023 box office got off to an impressive start as studios hope the momentum continues over the four-day MLK weekend. A Man Called Otto expands and we have the Gerard Butler action flick Plane and comedy remake House Party landing. You can peruse my individual prediction posts on the trio here:

Otto, while technically not a newcomer, should perform the best of the newbies. It over performed in limited release this past weekend (more on that below) and could even make a run for #2 depending on the sophomore drop for M3GAN.

Speaking of that demented AI doll, a robust and clever marketing campaign propelled the PG-13 flick to a terrific start. Horror titles often experience hefty declines after their opening, but the holiday could mean a high teens (maybe even low 20s) gross is possible.

Neither M3GAN or Otto will prevent Avatar: The Way of Water from making it five in a row atop the charts. I’m thinking it manages high 30s to low 40s as it builds on the already half billion domestic haul.

As for Plane and House Party, I have both falling under double digits and that would leave them in 5th and 6th behind the fourth outing for Puss in Boots: The Last Wish.

Here’s how I see it playing out and remember that these forecasts are for Friday through Monday:

1. Avatar: The Way of Water

Predicted Gross: $41.2 million

2. M3GAN

Predicted Gross: $18.7 million

3. A Man Called Otto

Predicted Gross: $15.9 million

4. Puss in Boots: The Last Wish

Predicted Gross: $13 million

5. Plane

Predicted Gross: $7.2 million

Box Office Results (January 6-8)

As mentioned, it was a healthy kickoff to the new year as Avatar: The Way of Water maintained first position with only a -32 decrease. That’s good for a fourth weekend collection of $45.8 million (beyond my $38.3 million prediction) as it’s amassed $517 million stateside.

M3GAN translated great buzz and sterling reviews to a $30.4 million premiere, dancing past my $24.8 million take. Universal ran a campaign that included memorable trailers and Tik Tok type vids of M3GAN’s crashing Times Square and media interviews. It paid off handsomely.

Universal had the third spot with Puss in Boots: The Last Wish earning $13.5 million, ahead of my $10.2 million projection. The animated sequel is up to $88 million with nine figures on deck.

Maybe grown-ups are ready to return to multiplexes! After plenty of awards bait adult features have disappointed in recent months, A Man Called Otto with Tom Hanks bucked the trend on a still limited 637 screens. The gross was $4.2 million and I incorrectly had it outside my top five.

Black Panther: Wakanda Forever was fifth with $3.5 million (I said $3.4 million) for $445 million total.

Whitney Houston: I Wanna Dance with Somebody was sixth with $2.4 million compared to my $2.1 million call. It’s at a ho-hum $19 million.

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

House Party Box Office Prediction

Blogger’s Update (01/11): Considering its meager 1500 screen count and scant buzz, I’m revising my House Party prediction down from $6 million to $3 million.

Warner Bros hopes audiences RSVP to the House Party reboot when it debuts January 13th. Directed by Calmatic (best known for music videos and commercials), Jacob Latimore and Tosin Cole star as best friends who hatch a plan to hold a blowout bash at the estate of LeBron James. The NBA superstar plays himself as do musical celebs like Kid Cudi, Lil Wayne, and Snoop Dogg.

The 1990 original featured hip hop act Kid N’ Play (who appear here) and spawned two sequels. It was a surprise box office success that also drew critical kudos. This was originally slated for an HBO Max only premiere last summer before the studio shifted emphasis to theatrical output.

Rolling out over the long MLK weekend, Party could manage to over perform. There’s a real question which new release will make the most money with A Man Called Otto and Plane as the other contenders. The trio should all fall behind Avatar: The Way of Water and M3GAN. I’ll project this falls short of double digits earnings by a notable margin.

House Party opening weekend prediction: $3 million (Friday to Monday estimate)

For my A Man Called Otto prediction, click here:

For my Plane prediction, click here:

Oscar Watch: Marshall

Early reviews are out for Marshall, which casts Chadwick Boseman as a young Thurgood Marshall in this courtroom drama set decades before he became the first African-American to sit on the Supreme Court. The film comes from director Reginald Hudlin, known mostly for 90s comedies like House Party and Boomerang. Costars include Josh Gad, Kate Hudson, Dan Stevens, Sterling K. Brown, and James Cromwell.

With a Best Actor race that’s looking somewhat thin thus far, Boseman seemed like a decent possibility for inclusion. He’s had an impressive career playing real-life figures Jackie Robinson in 42 and James Brown in Get On Up. The actor has also increased his visibility with a larger audience as Black Panther in Captain America: Civil War and in his own spin-off next year. Yet he hasn’t received attention from the Academy.

Marshall is getting decent critical notices so far, but not to the level where Best Picture seems feasible. I also find it likely that Boseman will be 0 for 3 in Best Actor portraying his third high-profile person, unless the picture manages to really break out with audiences.

My Oscar Watch posts will continue…