Keeping up with the summer 2023 traditions of dropping the The from its title (Haunted Mansion) and being a follow-up to a 2018 predecessor (Transformers: Rise of the Beasts, Insidious: The Red Door, Mission: Impossible – Dead Reckoning Part One), Meg 2: The Trench is in theaters on August 4th. Ben Wheatley takes over directorial duties from Jon Turteltaub with Jason Statham reprising his role as a battler of giant ocean creatures. Costars include Wu Jing, Sophia Cai, Page Kennedy, Sergio Peris-Mencheta, Skyler Samuels, and Cliff Curtis.
Five summers ago, The Meg premiered in August and easily exceeded expectations. Despite so-so reviews, audiences were ready for a shark fix. It opened with $45 million and an eventual $145 million domestic haul. When factoring in bountiful international earnings, The Meg made more than half a billion.
Warner Bros is probably banking on overseas cash for profitability. I’m not sure stateside crowds are exactly chomping at the bit for this sequel. While it should do respectable biz, it may lose some of its demographic to Teenage Mutant Ninja Turtles: Mutant Mayhem. I’m expecting that to have a stronger opening than this. The Trench might be lucky to take in $30 or even $25 million.
Meg 2: The Trench opening weekend prediction: $24.5 million
For my Teenage Mutant Ninja Turtles: Mutant Mayhem prediction, click here:
Blogger’s Update (07/26): A rather low reported 1900 screen count for Talk to Me has lowered my estimate from $4.8 million to $3.6 million. That likely leaves it outside of the top six.
After a historic box office weekend, July closes out with a pair of new releases in Disney’s Haunted Mansion and A24’s critically acclaimed Talk to Me. Neither are likely to dislodge the potent 1-2 punch of Barbenheimer. My detailed prediction posts on the newbies are here:
I don’t really see audiences clamoring for a fresh spin on Haunted Mansion (nearly 20 years after the one with Eddie Murphy) and buzz seems light. Family crowds should get it to a ho-hum mid 20s gross and that would place it in third.
Even if it made $30-35 million, that wouldn’t mean top two. Those spots are reserved for Barbie and Oppenheimer after their amazing starts (more on that below). The question is how far each dips in weekend #2.
For Barbie, the event status that it took on makes it somewhat naturally front loaded. A worst case decline might be around 55-60%. Considering the A Cinemascore grade and chance for repeat business, I’ll say 45-50% is more feasible and that means low to possibly mid 80s.
Oppenheimer also nabbed an A Cinemascore grade and perhaps some adult viewers are content for the IMAX screenings to be a bit less packed. I’ll say it doesn’t quite fall 50% with a take of over $40 million.
Sound of Freedom should continue its meager percentage decreases while Mission: Impossible – Dead Reckoning Part One hopes to right the ship after a turbulent two weeks. They should place fourth and fifth, respectively.
While Talk to Me is generating impressive reviews, this could be the type of A24 elevated horror experience that doesn’t bring genre fans out in droves. A lot of them just got their fright fix with Insidious: The Red Door as well.
And with that, here’s how I see the top 6 playing out:
1. Barbie
Predicted Gross: $82.6 million
2. Oppenheimer
Predicted Gross: $43.8 million
3. Haunted Mansion
Predicted Gross: $25.4 million
4. Sound of Freedom
Predicted Gross: $14.7 million
5. Mission: Impossible – Dead Reckoning Part One
Predicted Gross: $10.6 million
Box Office Results (July 21-23)
Racking up the fourth highest financial frame in history, Greta Gerwig’s Barbie and Christopher Nolan’s Oppenheimer gave us the best weekend in over four years.
Barbie captured the zeitgeist and an especially sizable female audience to the tune of $162 million, right on pace with my $160.8 million prediction. That’s the best three-day opening of 2023 and my hunch is that it will remain so. It’s also the #1 premiere for a female directed feature and 20th overall.
Oppenheimer gave Mr. Nolan his personal best third start (after The Dark Knight Rises and The Dark Knight). Blasting beyond my $65.3 million estimate, the three-hour Oscar contender amassed $82.4 million for an astonishing runner-up showing. Those packed IMAX screenings didn’t hurt.
Sound of Freedom was third as it continued its low declines with $19.8 million, just below my $21 million projection. The brilliantly marketed action thriller sits at $124 million.
And this is where the good news stops. Mission: Impossible: Dead Reckoning, after a less than expected opening, had a free fall from 1st to 4th. The Barbenheimer phenomenon helped it plummet 65% to $19.3 million compared to my $25.5 million call. The ten-day tally is $118 million.
Indiana Jones and the Dial Destiny and Insidious: The Red Door were fifth and sixth, respectively. Each made $6.6 million. Indy‘s four-week earnings are at $158 million while Insidious‘s three-week bounty is $71 million.
I incorrectly had Elemental in fifth, but it was seventh with $5.7 million (I said $6.7 million) for $137 million overall.
Blogger’s Update (07/19): Rising predictions as Barbie is elevated to $160.8M and Oppenheimer to $65.3M
In one of the most anticipated box office frames in recent memory, two awards hopefuls hoping to score massive grosses are off and running. It’s been deemed the “Barbenheimer” weekend across social media outlets as Greta Gerwig’s Barbie and Christopher Nolan’s Oppenheimer premiere. You can peruse my detailed prediction posts on them here:
The range of possibility for Barbie keeps rising as it appears to have captured the zeitgeist. All ages are expected to attend with a particularly gigantic female crowd and that puts my estimate at over $125 million. That would give it the second biggest three-day haul of any 2023 title behind The Super Mario Bros. Movie.
While Oppenheimer won’t reach Barbie territory, Mr. Nolan is one of the few directors whose name can open a picture and I expect that to apply with this likely Oscar hopeful. I believe it can manage a rock solid second place showing north of $50 million (the pricier IMAX showings should provide an assist).
After a smaller than anticipated debut (more on that below), Mission: Impossible – Dead Reckoning Part One could fall victim to the shiny newcomers. I have it dropping over 50%. I do expect it will level off nicely in August and eventually post numbers similar to predecessor Fallout from 2018.
Sound of Freedom landed a jaw dropping second weekend figure when it rose 39%. That’s something we simply don’t see in the summer months (and hardly ever in any season). Truth be told, I have no clue what this anomaly will post in its third frame. I’ll guesstimate a 20-25% decline.
Elemental seems poised for a minimal dip compared to fellow holdovers Insidious: The Red Door and Indiana Jones and the Dial of Destiny and that might keep it in fifth position.
Here’s how I envision that top 5 shaking out:
1. Barbie
Predicted Gross: $160.8 million
2. Oppenheimer
Predicted Gross: $65.3 million
3. Mission: Impossible – Dead Reckoning Part One
Predicted Gross: $25.5 million
4. Sound of Freedom
Predicted Gross: $21 million
5. Elemental
Predicted Gross: $6.7 million
Box Office Results (July 14-16)
Tom Cruise’s seventh adventure as IMF agent Ethan Hunt came in under projections and unable to set franchise records as many figured it would. That includes this blogger. Mission: Impossible – Dead Reckoning Part One made $54.6 million from Friday to Sunday and $78.4 million when factoring in the five-day tally since it opened on Wednesday. That’s considerably below my respective estimates – $72.7 million and $102.3 million. It played more like the sequel to series predecessor Fallout from 2018 and less like Cruise’s immediate follow-up to the phenomenon that was last summer’s Top Gun: Maverick. The earnings left it under Fallout‘s franchise best three-day marker of $61 million.
In the runner-up slot, Sound of Freedom astonished everyone with its near 40% jump to $27.2 million in its sophomore outing. That’s, ahem, more than my $12.1 million prediction as the Angel Studios action thriller is up to $85 million since its July 4th beginning. No one saw these kind of financial fireworks and it could hit $200 million when all is said and done.
Insidious: The Red Door went from 1st to 3rd with an understandable 61% plummet to $13 million. The horror sequel actually held up sturdier than my $11.4 million estimate and the two-week total is $58 million.
Indiana Jones and the Dial of Destiny was fourth in weekend 3 with $12.2 million (I was close at $12.7 million). The subpar tally is $145 million.
Finally, Elemental rounded out the top five with a scant 9% decrease at $9 million compared to my $7.9 million prediction. It’s now at a respectable $125 million.
And that does it for now, folks! Until next time… may all your Barbenheimer dreams come true…
Tom Cruise hopes to follow up the biggest hit of his career with a franchise best opening for the signature franchise as Mission: Impossible – Dead Reckoning Part One opens on Wednesday. It is the only newcomer out and you can peruse detailed prediction post on it here:
Cruise’s star power is the highest it’s been in years coming off the nearly billion and a half plus earning Top Gun: Maverick from last summer. In order to post the largest start among the seven missions, Reckoning will need to top the $61 million made by predecessor Fallout in 2018. I’m projecting it will do so with over $10 million to spare and bring in over $100 million when counting its Wednesday and Thursday numbers.
The real battle should be for second place. Coming off a surprise victory, Insidious: The Red Door should experience the heftiest decline (mid 60s) of the top five. This might cause a drop of 1st to 4th if Indiana Jones and the Dial of Destiny falls in the 50-55% range.
Sound of Freedom, the thriller from upstart Angel Studios, was the real story of the previous frame (more on that below). With an A+ Cinemascore grade, it should have the smallest decline other than Elemental in fifth position. If the dip is lower than my estimated 40%, it might just manage to rise from third to second. I’ll give Indy the slight edge. However, it might be worth keeping an eye on daily grosses throughout the week.
Here’s how I see the high five playing out:
1. Mission: Impossible – Dead Reckoning Part One
Predicted Gross: $72.7 million (Friday to Sunday); $102.3 million (Wednesday to Sunday)
2. Indiana Jones and the Dial of Destiny
Predicted Gross: $12.7 million
3. Sound of Freedom
Predicted Gross: $12.1 million
4. Insidious: The Red Door
Predicted Gross: $11.4 million
5. Elemental
Predicted Gross: $7.9 million
Box Office Results (July 7-9)
As mentioned, horror fans were ready for scares as Insidious: The Red Door opened impressively. The fifth pic in the series which started in 2010 posted the second highest debut behind #2 in 2013 with $33 million. That’s beyond my $25.2 million prediction as the Sony/Blumhouse production has already doubled its reported $16 million budget.
Indiana Jones and the Dial of Destiny was second in weekend #2 after its lackluster beginning. Sliding 55%, the $27.4 million gross was on pace with my $28 million take. The fifth go-round in this franchise is at $122 million after ten disappointing days for Disney.
The aforementioned Sound of Freedom employed shrewd marketing tactics that included a pay it forward method where viewers could purchase tickets for others. Jim Caviezel’s tale of taking on human traffickers reached its intended conservative and faith-based crowd and then some. The Friday to Sunday haul was $19.6 million for third place, easily outpacing my $12.5 million estimate. Since its unveiling on Tuesday, July 4th, the total is $41 million. Needless to say, Angel Studios has established itself as a player in the box office game.
Elemental was fourth with $10 million, ahead of my $8 million projection. Pixar’s latest finally crossed the century mark at $109 million.
Spider-Man: Across the Spider-Verse rounded out the top five with $8 million (I said $7.8 million) for $357 million overall.
Finally, critically acclaimed raunchy comedy Joy Ride stalled. It was sixth with just $5.8 million compared to my $8.4 million prediction.
After a subpar start, Harrison Ford’s fifth go-round as the iconic fedora clad archaeologist hopes to repeat at #1. The fifth edition of a horror franchise could disrupt that as Insidious: The Red Door swings in. We also have the critically acclaimed raunchy comedy Joy Ride and action pic Sound of Freedom from upstart Angel Studios. You can peruse my detailed prediction posts on the newcomers here:
After a lackluster haul (more on that below), Dr. Jones and company might see a sophomore drop in the low 50s. While the B+ Cinemascore grade exceeds the B that crowds gave predecessor Indiana Jones and the Crystal Skull, it still indicates middling enthusiasm moving forward. My high 20s take does mean a repeat performance atop the charts.
That’s because I have Insidious: The Red Door in the mid 20s. While that’s under the $29 million that The Last Key opened with in 2018, it is still a fine result for the 13-year-old franchise.
The weekend’s wild card is Sound of Freedom. Jim Caviezel’s turn as a vigilante taking on human traffickers is being championed by faith-based and conservative groups. This resulted in a terrific $14 million bounty when it started on July 4th. How it legs out is anyone’s guess and I’m going with a low double digits Friday-Sunday number. That would put it solidly in third.
As for Joy Ride, critics are being kind and the studio is hoping for a Crazy Rich Asians style sleeper hit. The hard R rating could prevent that and my sub $10 million projection puts it in fourth just ahead of animated holdovers Elemental and Spider-Man: Across the Spider-Verse.
And with that, here’s how I foresee the top 6 shaking out:
1. Indiana Jones and the Dial of Destiny
Predicted Gross: $28 million
2. Insidious: The Red Door
Predicted Gross: $25.2 million
3. Sound of Freedom
Predicted Gross: $12.5 million
4. Joy Ride
Predicted Gross: $8.4 million
5. Elemental
Predicted Gross: $8 million
6. Spider-Man: Across the Spider-Verse
Predicted Gross: $7.8 million
Box Office Results (June 30-July 2)
Considering Crystal Skull in 2008 made off with $100 million for its Friday to Sunday portion of a holiday weekend, the $60.3 million for Dial of Destiny is a major letdown for Disney. I wasn’t much more generous at $65.3 million. When it premiered in Cannes over a month ago, its mediocre reaction set the table for a disappointing gross. Perhaps more importantly is that it didn’t play for younger audiences whose reverence for the series isn’t matched by the 40 and up crowd.
Disney/Pixar’s Elemental, after a troubling start, continued to level off nicely in weekend #3. It was second with $12.1 million, in line with my $12.7 million prediction for a three-week $89 million tally.
Spider-Man: Across the Spider-Verse was third with $12 million compared to my $13.5 million estimate. The Sony juggernaut has amassed $340 million.
Jennifer Lawrence’s No Hard Feelings was fourth with $7.8 million (I went higher at $89 million). The ten-day take is $29 million which is fairly decent for a genre that’s struggled in recent times.
Transformers: Rise of the Beasts rounded out the top five with $7.3 million. I incorrectly had it on the outside looking in. The total is $136 million.
Finally, DreamWorks Animation’s Ruby Gillman: Teenage Kraken was a major flop in sixth with only $5.5 million. I was kinder at $7.8 million. With serious kiddie competition, parents opted for leftovers like Elemental and Spidey.
Angel Studios, the company behind The Chosen and His Only Son, hopes to find passionate fans with the action flick Sound of Freedom. From director Alejandro Monteverde, Jim Caviezel stars as a vigilante taking on human traffickers. Costars include Mira Sorvino, Bill Camp, and Kurt Fuller.
With a reported budget under $15 million, Freedom rolled out on July 4th with hopes for a healthy six-day run (I’ll confess that this was under my radar). It’s already nabbed a very impressive $14 million due to Angel’s unique form of crowdfunding and marketing to a targeted conservative audience.
This certainly has the ability to outpace any expectations and I do believe a Friday to Sunday take exceeding $10 million is achievable. That should put it in third place behind Indiana Jones and the Dial Destiny and Insidious: The Red Door.
Sound of Freedom opening weekend prediction: $12.5 million (Friday to Sunday estimate)
For my Insidious: The Red Door prediction, click here:
Sony hopes for happy horror returns when Insidious: The Red Door opens on July 7th. The fifth feature in the franchise that began in 2010, costar Patrick Wilson takes over the directorial reins. Joining him in the cast are Ty Simpkins, Rose Byrne, Andrew Astor, and Lin Shaye.
The PG-13 supernatural saga is the first Insidious entry in five and a half years. It is said to serve to serve as a direct sequel to parts 1 and 2. 2013’s second chapter was the financial zenith with a $40 million premiere and $83 million eventual domestic take. Chapter 3 in 2015 did $22 million out of the gate and $52 million overall. 2018’s Insidious: The Last Key improved on its predecessor with $29 million in its initial weekend and $67 million total.
Door could be helped with the lack of genre fare in the marketplace (its TV teaser spot with Wilson getting a frightening MRI is pretty effective too). I don’t think it’ll quite reach the near $30 million of Key, but mid 20s sounds like the correct prognosis.
Insidious: The Red Door opening weekend prediction: $25.2 million
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