Taylor Swift: The Eras Tour Box Office Prediction

Taylor Swift has proven over and again that she’s money in the bank when it comes to album and tour sales, merchandise, and even viewership for NFL games. The singer is about to enter her box office queen era when Taylor Swift: The Eras Tour hits theaters on October 13th. The concert film struck a distribution deal with AMC and Cinemark and the Friday the 13th (Taylor’s lucky number) drop date caused studios to shift their release patterns. For example, The Exorcist: Believer moved up a week to avoid direct confrontation.

Presales are already robust. It earned $37 million on the first day of tickets being available online. That means that in one day, it surpassed the best opening weekend for a concert pic ever. The record was held by Hannah Montana and Miley Cyrus: The Beth of Both Worlds Concert at $31 million, followed by Justin Bieber: Never Say Never with $29 million, and then This Is It with Michael Jackson at $23 million.

It goes without saying that the Swifties will cause this to shatter every previous best of mark for the concert genre. Just how high is the only real question. Swift’s previous filmography is littered with financial disappointments like Cats and Amsterdam. However, she wasn’t the focal point of either and her star has continued to rise.

The price of admission will be elevated at nearly $20 a pop for adults and that will push the earnings up. Some initial projections have this in the $100-120 million range out of the gate. I’ll admit that it’s a little murky as to how much this could bring in. This may not come as a shocker, but my gut says overestimating is smarter than underestimating when it comes to this show’s central figure. I’ll go above the forecast and give it the third best domestic frame of 2023 behind Barbie and The Super Mario Bros. Movie.

Taylor Swift: The Eras Tour opening weekend prediction: $139.6 million

Crazy Rich Asians Box Office Prediction

Blogger’s Note II (08/14/18): My estimate is rising once again and I’m going with $22.5 million for the three-day and $33.4 million for the five-day.

Blogger’s Note (08/10/18): I am ramping up my estimate for this based on buzz from $14.2M to $19.4M for the traditional weekend and high 20s for the five-day.

In what could turn out to be some smart counter programming, romantic comedy Crazy Rich Asians opens next Wednesday. The Warner Bros release is, rather shockingly, the first stateside studio effort in a quarter century (1993’s The Joy Luck Club) to feature a predominately Asian-American cast. It’s based on a 2013 bestseller by Kevin Kwan. The cast includes Henry Golding, Constance Wu, Gemma Chan, Lisa Lu, Nico Santos, Ken Jeong, and Michelle Yeoh. Jon M. Chu, who made Justin Bieber: Never Say Never and G.I. Joe: Retaliation, directs.

The film seems to be garnering some positive buzz and it could bring out a female audience, as well as a community clearly underrepresented at multiplexes. Even with that breakout potential, the Wednesday opening probably means it’ll debut behind Mile 22 with Mark Wahlberg.

I will estimate a traditional weekend opening in the low teens and that could mean a gross close to $20 million for the five-day total.

Crazy Rich Asians opening weekend prediction: $22.5 million (Friday to Sunday), $33.4 million (Wednesday to Sunday)

For my Mile 22 prediction, click here:

https://toddmthatcher.com/2018/08/07/mile-22-box-office-prediction/

For my Alpha prediction, click here:

https://toddmthatcher.com/2018/08/07/alpha-box-office-prediction/