Box Office Predictions: June 29-July 1

The basketball themed comedy Uncle Drew and crime thriller sequel Sicario: Day of the Soldado debut in theaters this weekend and they could battle it out for the third spot behind returning blockbusters Jurassic World: Fallen Kingdom and Incredibles 2. You can peruse my detailed prediction posts on the two newbies right here:

https://toddmthatcher.com/2018/06/19/uncle-drew-box-office-prediction/

https://toddmthatcher.com/2018/06/19/sicario-day-of-the-soldado-box-office-prediction/

Of the two newcomers, I am giving Drew the slight edge over Sicario. I also believe that if one of them over performs my estimate, it will be the former. My low to mid teens projections on both means Jurassic and Incredibles should easily maintain their 1-2 slots on the charts.

Kingdom came in on the higher end of expectations this weekend (more on that below) and now we move to how far it will drop. Its predecessor dipped just 49% in its sophomore frame after its (at the time) record-breaking $208 million opening. Kingdom should fall farther and I foresee a mid-high 50s decline.

The percentage drop for Incredibles 2 was more pronounced than I projected in weekend #2 and that should subside a bit this weekend (I’ll say 46%).

The women of Ocean’s 8 should round out the top five. And with that, those 5 estimates for the frame ahead:

1. Jurassic World: Fallen Kingdom

Predicted Gross: $62.1 million

2. Incredibles 2

Predicted Gross: $42.8 million

3. Uncle Drew

Predicted Gross: $16.4 million

4. Sicario: Day of the Soldado

Predicted Gross: $13.8 million

5. Ocean’s 8

Predicted Gross: $7 million

Box Office Results (June 22-24)

Jurassic World: Fallen Kingdom easily ruled the box office grossing $148 million out of the gate. I was a bit lower at $140.4 million. The dino sequel, as mentioned, performed on the higher end of expectations while earning $60 million less for its start than Jurassic World in 2015. Its debut gives it the fourth largest in 2018 behind Avengers: Infinity War, Black Panther, and Incredibles 2.

Speaking of Incredibles 2, it fell to second with $80.3 million and didn’t reach my forecast of $94.9 million. Its two-week total sits at an incredible $349 million.

Ocean’s 8 held up nicely in third with $11.5 million to bring its tally to a cool $100 million. I was a tad lower at $9.8 million.

Tag was fourth with $8.2 million (I said $7.7 million) for $30 million in two weeks.

Deadpool 2 took the five-spot with $5.2 million (I said $4.9 million) to hit the triple century mark at $304 million.

Solo: A Star Wars Story was sixth at $4.5 million (I said $5.4 million) for $202 million overall.

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

Oscar Watch – Sicario: Day of the Soldado

Jurassic World: Fallen Kingdom isn’t the only high-profile sequel to a 2015 release coming to a theater near you this month. Sicario: Day of the Soldado follows up on the critically acclaimed Denis Villeneuve crime drama that garnered three Oscar nominations in that year. Soldado debuts a week from tomorrow and reviews are already out.

The verdict? Somewhat mixed as it stands at 65% on Rotten Tomatoes at press time. That’s a pretty far cry from the 93% that its predecessor earned. Interestingly, I’ve seen at least two critical reactions that compare it to Rambo: First Blood Part II. Go figure. Even with its great buzz from reviewers, 2015’s Sicario missed out on the big nominations, including Picture, Director, Original Screenplay, and Benicio del Toro for Supporting Actor. The pic did receive nods for the Cinematography of Roger Deakins, the late Johann Johannsson’s Score, and Sound Editing. Deakins does not return here and he finally won a long deserved statue for last year’s Blade Runner 2049. Villeneuve was busy with 2049 as well and Stefano Sollima takes over directorial duties here.

Bottom line: the Soldado reaction leaves it as an extreme long-shot for any recognition, while part 1 found itself more in the mix.

Uncle Drew Box Office Prediction

A convergence of current and former NBA stars and comedians gather for Uncle Drew, out next weekend. The sports comedy that comes with prosthetic makeup aplenty is based on a title character first seen in Pepsi commercials with Boston Celtics point guard Kyrie Irving playing him. Other basketball notables in the cast include Shaquille O’Neal, Reggie Miller, Chris Webber, Nate Robinson, and Lisa Leslie. On the funny side – Lil Rel Howery, Nick Kroll, Tiffany Haddish, J.B. Smoove, and Mike Epps. Charles Stone III, perhaps best known for making Drumline, directs.

Uncle Drew hopes to bring in a sizable African-American crowd and lovers of the game it humorously covers. The pic could certainly achieve sleeper status with a gross in the high teens. It actually has a somewhat similar opening weekend range as Sicario: Day of the Soldado, which debuts against it. The two newcomers should battle for third place between Jurassic World: Fallen Kingdom and Incredibles 2.

For now, I’m giving Drew a slight edge with a forecast between $16-$17 million.

Uncle Drew opening weekend prediction: $16.4 million

For my Sicario: Day of the Soldado prediction, click here:

https://toddmthatcher.com/2018/06/19/sicario-day-of-the-soldado-box-office-prediction/

Sicario: Day of the Soldado Box Office Prediction

Not your traditional summer sequel involving superheroes, dinosaurs or animated characters, Sicario: Day of the Soldado arrives in theaters next weekend and hopes to serve as counter programming to said seasonal blockbusters. The pic is a follow-up to 2015’s Sicario, Denis Villeneuve’s critically acclaimed crime thriller that garnered three Oscar nominations. Benicio del Toro and Josh Brolin (this summer’s reigning sequel king) reprise their roles from the original, though Emily Blunt does not appear (she’s been busy with A Quiet Place and Mary Poppins Returns). New costars include Isabela Moner, Jeffrey Donovan, Catherine Keener, and Matthew Modine. As for Villeneuve, he’s moved onto Arrival and Blade Runner 2049 and Italian director Stefano Sollima is now on board. The original’s screenwriter, Taylor Sheridan (who also is responsible for Hell or High Water and Wind River), is back penning this sequel.

Sicario opened in the fall of 2015 and its first wide release weekend brought in $12.1 million with an eventual gross of over $46 million domestically (it earned $85 million total worldwide against a reported budget of $30 million). Soldado may manage to slightly outpace that debut number of part 1 and a sequel is apparently already in the works. That premiere could put it in a battle for third place with the weekend’s other newcomers (Uncle Drew) and behind Jurassic World: Fallen Kingdom and Incredibles 2.

Sicario: Day of the Soldado opening weekend prediction: $13.8 million

For my Uncle Drew prediction, click here:

https://toddmthatcher.com/2018/06/19/uncle-drew-box-office-prediction/

Box Office Predictions: June 22-24

There’s only one new wide release this weekend, but it’s a big one as Jurassic World: Fallen Kingdom stomps into multiplexes. The sequel to the 2015 record breaker hopes to hold onto a large chunk of its predecessor’s audience. You can peruse my detailed prediction post here:

https://toddmthatcher.com/2018/06/12/jurassic-world-fallen-kingdom-box-office-prediction/

Jurassic World took in an astonishing $208 million three summers ago (which set the opening weekend record until Star Wars: The Force Awakens snatched it away six months later). Kingdom is not expected to match that performance. My estimate has decreased from an initial prediction of just over $155 million last week to just over $140 million.

Incredibles 2 broke its own records this past weekend by smashing the all-time animated feature debut (more on that below). With an A+ Cinemascore grade, the sequel to the 2004 Pixar superhero tale has turned into quite the event film. How much it dips in weekend #2 is an intriguing question. Looking at past sequels from the studio, 2010’s Toy Story 3 and 2016’s Finding Dory (the previous animated record holder) both fell 46%. Last summer’s Cars 3, which was a rare Pixar disappointment, fell a steeper 55%. It’s a legit question as to how front loaded Incredibles 2 is and whether it had a must-see factor in weekend #1. That said, repeat business could be strong even with the considerable dino competition. I’ll project a 48% drop, similar to 2017’s Beauty and the Beast. 

Kingdom and Incredibles 2 will surely dominate the charts this weekend as Ocean’s 8 and Tag should be third and fourth, respectively. The five-spot could be a battle between Solo and Deadpool 2 and I’ll give Han a slight edge. And with that, my top 6 predictions for the frame ahead:

1. Jurassic World: Fallen Kingdom

Predicted Gross: $140.4 million

2. Incredibles 2

Predicted Gross: $94.9 million

3. Ocean’s 8

Predicted Gross: $9.8 million

4. Tag

Predicted Gross: $7.7 million

5. Solo: A Star Wars Story

Predicted Gross: $5.4 million

6. Deadpool 2

Predicted Gross: $4.9 million

Box Office Results (June 15-17)

As mentioned, Incredibles 2 was indeed incredible this weekend as it obliterated the all-time animated feature record. The well-reviewed sequel took in $182.6 million, smashing the numbers of Finding Dory by nearly $50 million. That figure is good for the 8th largest domestic debut in history and that ranks third for 2018 (behind Marvel behemoths Avengers: Infinity War and Black Panther). It, um, did a little better than my $138.1 million forecast… oops.

Ocean’s 8 was second in its sophomore outing with $18.9 million, coming in below my $21.2 million estimate. The heist caper has made $78 million thus far.

Newcomer comedy Tag was third with $14.9 million, faring slightly better than my $13.4 million projection. The Warner Bros pic performed right in line with expectations.

Solo: A Star Wars Story placed fourth with $10 million (above my $8.4 million prediction) for $193 million total.

Deadpool 2 rounded out the top five with $8.6 million (I said $8.2 million) for $294 million overall.

Superfly debuted in sixth with $6.8 million and $9 million since its Wednesday roll out, managing to outpace my respective calls of $5.3 million and $7.2 million. I’d look for the crime remake to fade quickly.

Hereditary was seventh and it held up well for a horror release with $6.8 million (I said $6.3 million) to bring its two-week earnings to $27 million.

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

Jurassic World: Fallen Kingdom Box Office Prediction

Blogger’s Note (06/15): I am revising my prediction down from $155.4 million to $140.4 million

Arriving three years after its predecessor set a series of box office records, Jurassic World: Fallen Kingdom looks to flex its dino might next weekend. The fifth picture in the massive franchise that just turned 25 years old, Kingdom is the sequel to Jurassic World and brings back Chris Pratt, Bryce Dallas Howard, and Jeff Goldblum (for the first time since 1997’s The Lost World). New cast members include Rafe Spall, Justice Smith, Daniella Pineda, James Cromwell, Toby Jones, and Ted Levine. J.A. Bayona takes over directorial duties from Colin Trevorrow.

The history of this franchise setting opening weekend milestones is significant. Steven Spielberg’s original in 1993 had the largest debut ever at $47 million a quarter century ago. The Lost World would achieve the same honor four years later with $72 million. And, of course, Jurassic World stunned prognosticators in 2015 with $208 million out of the gate, which stood as the greatest premiere until Star Wars: The Force Awakens topped it six months later.

Fallen Kingdom will not and is not expected to break records. Jurassic World seemed to have its stars aligned for a spectacular opening. It had been nearly a decade and a half since the previous installment and the nostalgia factor was off the charts. Mostly positive reviews didn’t hurt and Mr. Pratt was coming off a star making role in Guardians of the Galaxy.

Critical reaction is mixed. The sequel currently sits at 59% on Rotten Tomatoes (World got to 71%). The film is already out in a number of foreign markets and it earned $151 million worldwide over the weekend (a bit above expectations).

The stateside tracking for Kingdom is between $130-$150 million. My general feeling is that this franchise has continually exceeded expectations and may do so here, albeit not by much. Jurassic World was a phenomenon while this is looked at as another summer sequel. It just happens to be one with a huge fan base who love returning to see these CG creatures.

Jurassic World: Fallen Kingdom opening weekend prediction: $140.4 million

Jurassic Park Turns 25: A Look Back

A quarter century ago on this day, Steven Spielberg’s Jurassic Park was unleashed in theaters and it was indeed a game changer. For those not old enough to remember its release, it’s a bit difficult to describe just how groundbreaking its visuals were at that time in the early 1990s. The idea that realistic dinosaurs could roam the silver screen didn’t seem possible. However, Spielberg’s wizardry and the geniuses at Industrial Light & Magic proved us all wrong.

The scene above had audiences expressing the same reaction as Sam Neill, Laura Dern, and Jeff Goldblum. Mouths open. Jaws dropped. As we have learned in the 25 years since, amazing visuals aren’t enough to make a film great. That said, if any picture could claim greatness due to its effects, this is the one.

Yet Jurassic Park was special for more reasons than just that. Based on Michael Crichton’s bestseller, the cinematic adaptation tapped into a childhood fascination with Earth’s first dwellers that struck a chord. The concept seems so simple now: mix Steven Spielberg with dinosaurs and what could possibly go wrong? That recipe worked rather flawlessly, but let’s take some stock here.

Just a year and a half earlier, Mr. Spielberg made Hook. And when you think of that concept – America’s most commercially successful director taking on the Peter Pan story? What could possibly go wrong? Well, plenty did. Hook has its vocal defenders, but I fall into the camp of deeming it a major disappointment (particularly on subsequent viewings).

Jurassic arrived at a time where it was feasible to question Spielberg’s magic touch. Those queries went away with the first look at the dino creations and the suspenseful and masterfully directed picture that followed.

In terms of box office numbers, some may not know this franchise opener’s relationship to Batman, but there is one. Jurassic Park opened with $47 million dollars. At the time, that stood at the largest domestic debut in history by beating out the $45 million made the summer before by Batman Returns. 

In 1995, it would be Batman Forever that would top the Jurassic record with $52 million.

Two summers after that, Jurassic follow-up The Lost World would snatch the record back with $72 million.

The original Jurassic now stands as the 247th largest opening and was surpassed by all three sequels that followed (and will certainly also be topped by next Friday’s Jurassic World: Fallen Kingdom).

The original’s total domestic gross ended up being $357 million. A 2013 3-D re-release for its 20th anniversary added another $45 million to bring the overall haul to $402 million. And that is second only to Jurassic World from 2015 ($652 million).

The Lost World topped out at $229 million with Jurassic Park III at $181 million. When we adjust for inflation, Park tops World by a margin of $839 million to $724 million.

Looking back at 1993, it’s safe to say no director had a single better year in film history than Spielberg before or since. Not only did Jurassic Park set a new standard for visual effects and break every box office record, but he released another picture at the end of the year. That would be Schindler’s List. The Holocaust drama was nominated for twelve Oscars and won seven, including Best Picture and Spielberg’s first statue for directing (he’d win again five years later for Saving Private Ryan).

So as we await the fifth installment of this franchise, it felt worthy to take a moment and acknowledge the seismic happening that occurred 25 years ago today. The unleashing of the dinosaurs. The advent of visual effects in a way we’d never experienced. A year unparalleled for a filmmaker. Welcome to Jurassic Park… 25 years later.

Oscar Watch – Jurassic World: Fallen Kingdom

A quarter century after Steven Spielberg’s Jurassic Park thrilled audiences with its eye-popping visuals, the fifth entry in the franchise arrives domestically two weeks from Friday. However, Jurassic World: Fallen Kingdom is out tomorrow in the United Kingdom, so critical reaction is present. The verdict? Mixed. Kingdom currently sits at 65% on Rotten Tomatoes (predecessor Jurassic World ended up with 71%).

No Oscar prognosticator looked at this as Best Picture material. This series is all about the potential for technical recognition. The 1993 original was nominated for and won three gold statues: Sound Editing, Sound Mixing, and Visual Effects. For those around at the time, Park was an undeniable marvel with said visuals and the sounds of the dinosaurs wreaking havoc. The 1997 sequel managed one nod for Visual Effects and lost to a little something called Titanic.

2001’s Jurassic Park III, no surprise, was ignored by the Academy. On the other hand, it may surprise you to learn that 2015’s World also came up empty with voters. The pic did set box office records at the time, but couldn’t even manage Visual Effects or Sound recognition.

The answer as to why could be simple. In this particular franchise, there’s really little room for improvement when it comes to its technical capabilities. Jurassic Park set a high bar in Isla Nublar  for the CG dinos and their sounds. The Academy has moved onto other impressive tech work for other pictures.

Bottom line: If Jurassic World couldn’t manage down the line nods, don’t expect any for Kingdom.

My Oscar Watch posts will continue…

Solo: A Star Wars Letdown

There aren’t a whole lot of films that could open to over $100 million at the box office and legitimately be considered a major disappointment. Those pictures generally belong in the Marvel Cinematic Universe or other massive franchises. For instance, if next month’s Jurassic World: Fallen Kingdom only makes that figure, that would be bad news for Universal Pictures and the series long-term viability.

Of course, there is no franchise bigger than that of Star Wars. Spanning over four decades and now on its 10th feature, there had yet to be a true example of an entry coming in well below expectations. Until now. Solo: A Star Wars Story, just a week ago or so, was projected to set the Memorial Day weekend record by outpacing the $139 million earned in 2007 by another Disney property, Pirates of the Caribbean: At World’s End.

It didn’t. Like… at all. The current four-day estimate (final numbers tomorrow) puts Solo at $103 million. I had pegged it at $151 million. Oops. That actually puts it at just #7 as far as the holiday goes. That’s not only behind Pirates, but after Indiana Jones and the Kingdom of the Crystal Skull, XMen: The Last Stand, Fast & Furious 6, XMen: Days of Future Past, and even The Hangover Part II. Ouch.

So the natural question… why? Predicting where the money earned by moviegoers at the box office is a tricky proposition… I try to estimate it every week. Sometimes I’m great at it and sometimes not (this would obviously be a case of the latter). Solo is the second stand-alone effort in the franchise behind 2016’s Rogue One: A Star Wars Story. While they’re not expected to make the coin that the official episodes take in, Rogue debuted to $155 million in three days just a year and a half ago.

This latest entry focuses on an iconic character that has more name recognition than all the people (with a notable exception or two) in Rogue One put together. Sure there’s backlash about an actor other than Harrison Ford playing him, but that wasn’t expected to spark a hugely worrisome backlash as far as box office numbers.

Could it be the reviews? That might be a bit of it. Solo stands at 70% on Rotten Tomatoes and that’s low for this franchise. Yet that rating isn’t terrible or anything. My own review used the word ambivalent for my overall reaction to it:

https://toddmthatcher.com/2018/05/27/solo-a-star-wars-story-movie-review/

And therein could lie the true key. Looking over the lengthy history of the series, Star Wars films have truly been Event Pictures. Ones that are breathlessly awaited and spawn endless speculation prior to their releases. The original trilogy saw three-year gaps between releases. It was then 16 years before the second and considerably less regarded trilogy arrived and they also saw three-year waits between servings. Those like me that remember the buildup to 1999’s The Phantom Menace (no matter how much it disappointed upon release) would argue it rivaled and probably exceeded that of The Force Awakens in 2015.

Since Disney took over the release reigns, we have been guaranteed a Star Wars pic a year. That tremendously dilutes the Event Picture status. Rogue One had the benefit of arriving a year after Force Awakens set every box office record. The Last Jedi didn’t match the grosses of Awakens… to the tune of $316 million less. That said, its $620 million haul is nothing to be too worried about.

Solo arriving only five months later and with so-so buzz left it as the least anticipated Star Wars experience to date. The barely nine figure gross out of the gate showed that audiences were a bit ambivalent about it.

Will that cause the Mouse Factory to rethink the release date pattern? It’s probably a good thing that Episode IX won’t be out until December 2019. The official episodes, by the way, will always have an anticipation factor that the stand-alone variety will not. And Disney might want to consider making those side projects feel a little more special or that ambivalence might continue to grow.