May 29-31 Box Office Predictions

Blogger’s Update (05/28): Some revisions as weekday numbers for Obsession now have me thinking it will gain from its sophomore frame and place second with Mandalorian now dipping to third. Additionally, my projection for Backrooms continues to rise and I’m now putting it at $57 million, up from $54 million.

Horror flick Backrooms looks to open at the front of the charts while Nate Bargatze’s comedy The Breadwinner and World War II drama Pressure with Andrew Scott and Brendan Fraser seek impressive earnings. You can peruse my detailed prediction posts on the trio of newcomers here:

Based on a popular YouTube web series, Backrooms from Kane Parsons has a wide range of possibility. A worst case scenario could put it in second place behind the second frame of The Mandalorian and Grogu. There’s also the potential for an overperformance topping approaching $60 million. My mid 50s projection puts it in first with ease.

That’s because The Mandalorian got off to a so-so start (more on that below) and I suspect it’s headed for a precipitous fall in the high 60s.

Obsession, after a remarkable sophomore weekend hold, may only slide slightly for a third place showing. That could leave The Breadwinner well behind in fourth in the low teens though Bargatze’s fanbase may turn out enough for a better than anticipated premiere. Comedies are tricky. It might also struggle to make $10 million.

As for Pressure, with a reported theater count of around 1800, my $4.9 million forecast would put it outside of the top five.

Here’s how I have that high five shaking out:

1. Backrooms

Predicted Gross: $57 million

2. Obsession

Predicted Gross: $29.5 million

3. The Mandalorian and Grogu

Predicted Gross: $25.6 million

4. Michael

Predicted Gross: $13 million

5. The Breadwinner

Predicted Gross: $12.1 million

Box Office Results (May 22-25)

The Mandalorian and Grogu never appeared to have the excitement that greets Star Wars series entries and the numbers proved that over Memorial Day weekend. The continuation of the Disney+ show landed with the lowest opening of any franchise pic since the Mouse House took over distribution beginning in 2015 with Star Wars: The Force Awakens. Opening slightly under 2018’s Solo: A Star Wars Story, the Friday to Sunday three-day take was $81.6 million, just over my $80.3 million prediction. When counting Monday, it grew to $98 million and that managed to top my $94.7 million take. While those grosses would be pleasing for most summer titles, that’s simply not the case here.

Obsession was arguably a bigger story this weekend as it grew 39% over its first frame. This is pretty much unheard of for any picture and especially in the horror genre. The Friday to Sunday earnings of $23.9 million and $31.9 million over the four-day easily surpassed my respective projections of $17.5 million and $22.9 million and the two-week total rose to $62 million.

Michael went from to 1st to 3rd with $20.6 million (three-day) and $27.1 million (four-day), ahead of my $18.8 million and $23.9 million guesstimates. The music biopic has now amassed $321 million in five weeks.

The Devil Wears Prada 2 was fourth with $12.7 million over the traditional weekend and $16.2 million with Monday added. The comedy sequel took in more than my $9.7 million and $12.6 million estimates and it has $199 million in the bank after four weeks,.

The Sheep Detectives held impressively in fifth with $9.2 million from Friday to Sunday (I said $7 million) and $12.3 million counting Monday (I went with $8.9 million). The three-week gross is $46 million for the summer sleeper.

Scary movie Passenger managed to outdo my predictions with $8.7 million (Fri-Sun) and $10.3 million (Fri-Mon). While I went lower respectively with $6.3 million and $7.3 million, the 6th place newcomer was overshadowed by Obsession. Unlike that movie, a hefty sophomore drop is probably coming.

Mortal Kombat II was seventh with $6 million over the three-day. My guess? $6 million! Its $7.6 million four-day slightly edged my $7.2 million call and the three-week total is $74 million.

Finally, absurdist comedy I Love Boosters from Boots Riley kicked off in 8th with $3.7 million from Friday to Sunday. My guess? $3.7 million! Like Kombat, the $4.7 million four-day barely exceeded my $4.5 million prediction.

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

May 22-25 Box Office Predictions

The Mandalorian and Grogu marks the first Star Wars theatrical entry in six years and it should easily rule the Memorial Day weekend charts. We also have horror flick Passenger and Boots Riley’s absurdist comedy I Love Boosters premiering. You can peruse my detailed prediction posts on the trio here:

While Mandolarian will certainly have no trouble placing first, the opening could be rather weak by Star Wars standards. I am forecasting that the continuation of the Disney Plus series will fall under $100 million for the four-day and that would be considered an unimpressive start.

Passenger could fall victim to the buzz surrounding fellow scary movie Obsession in its sophomore outing (more on its debut below). I have it outside of the top five.

Same goes for Boosters which could be looking at eighth place in the lower to mid single digits. I’m not convinced that mostly solid reviews will cause it to exceed expectations.

As for holdovers, there could be a close race for second. Current champ Michael might be the safe bet. However, Obsession may not see much of a drop at all in weekend #2 thanks to word-of-mouth and an A- Cinemascore (very high for its genre). In fact, I have it slightly increasing.

The Devil Wears Prada 2, The Sheep Detectives, and Mortal Kombat II should be 4-6 and here’s how I see the 3-day and 4-day grosses shaking out:

1. The Mandalorian and Grogu

Predicted Gross: $80.3 million (Fri-Sun); $94.7 million (Fri-Mon)

2. Michael

Predicted Gross: $18.8 million (Fri-Sun); $23.9 million (Fri-Mon)

3. Obsession

Predicted Gross: $17.5 million (Fri-Sun); $22.9 million (Fri-Mon)

4. The Devil Wears Prada 2

Predicted Gross: $9.7 million (Fri-Sun); $12.6 million (Fri-Mon)

5. The Sheep Detectives

Predicted Gross: $7 million (Fri-Sun); $8.9 million (Fri-Mon)

6. Passenger

Predicted Gross: $6.3 million (Fri-Sun); $7.3 million (Fri-Mon)

7. Mortal Kombat II

Predicted Gross: $6 million (Fri-Sun); $7.2 million (Fri-Mon)

8. I Love Boosters

Predicted Gross: $3.7 million (Fri-Sun); $4.5 million (Fri-Mon)

Box Office Results (May 15-17)

Michael made a return to the top spot in its fourth week with $26.1 million, right on target with my $25.8 million call. The King of Pop biopic has (moon)walked away with $282 million in domestic dollars thus far.

The Devil Wears Prada 2, after two weeks in first, fell to second with $17.8 million. That 57% decline is steeper than my $23 million estimate though it’s grown to $175 million total.

Obsession is the story of the weekend. Budgeted at a reported $1 million and purchased by Focus Features for approximately $15 million, it slayed in third with $17.1 million. That’s well beyond my meager $9.6 million projection as it looks to play well throughout the season.

In fourth, Mortal Kombat II plummeted 65% in weekend #2 to $13.4 million. My prediction? $13.4 million! The martial arts sequel stands at $62 million.

The Sheep Detectives was fifth with $9.5 million (I said $10.2 million) for a decent two-week tally of $29 million.

Finally, Guy Ritchie’s In the Grey starring Henry Cavill and Jake Gyllenhaal was a dud in ninth with $2.9 million. I was generous at $5.9 million.

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

I Love Boosters Box Office Prediction

Absurdist crime comedy I Love Boosters hopes to make off with respectable box office grosses on May 22nd. This is Boots Riley’s follow-up to 2018’s acclaimed Sorry to Bother You. The eclectic cast includes Keke Palmer, Naomi Ackie, Taylour Paige, Poppy Liu, Eiza González, LaKeith Stanfield, Will Poulter, Don Cheadle, and Demi Moore.

The Neon release was first screened at South by Southwest in March to fresh reviews (95% Rotten Tomatoes, 73 Metacritic). Debuting over the Memorial Day weekend, the real question is whether this manages to play between the coasts. That could be a challenge.

Budgeted for a reported $20 million, it would exceed expectations if it gets past $5 million over the Friday to Sunday portion of the holiday frame. I’m projecting that it will not.

I Love Boosters opening weekend prediction: $3.7 million (Friday to Sunday); $4.5 million (Friday to Monday)

For my The Mandalorian and Grogu prediction, click here:

For my Passenger prediction, click here:

Oscar Predictions: I Love Boosters

It might be Oscar weekend, but it’s also time for South by Southwest which is premiering numerous movies and TV shows. The Austin fest isn’t really a breeding ground for eventual Academy fare though 2022’s BP winner Everything Everywhere All at Once did kick off there.

SXSW is known more for showcasing odder and independent spirited movies. The Oscar bait usually saves itself for Venice, Telluride, and Toronto. Nevertheless Boots Riley’s I Love Boosters is an eagerly awaited title that served as opening selection.

This is the rapper and political activist turned filmmaker’s sophomore feature after his acclaimed 2018 debut Sorry to Bother You. The satire centers on a group of shoplifters boasts an eclectic cast including Keke Palmer, Naomi Ackie, Taylour Paige, Poppy Liu, Eiza González, LaKeith Stanfield, Will Poulter, Don Cheadle, and Demi Moore.

Early buzz indicates Riley has another critical hit with 100% on Rotten Tomatoes and a 75 Metacritic. Reviews also infer that it’s far out there similar to Bother. Perhaps Original Screenplay could be in play at the Oscars, but this might be more tailored to the Independent Spirit Awards or the Gothams (two ceremonies where Riley’s inaugural effort showed up). My Oscar Prediction posts will continue…