Box Office Predictions: September 2-5

The 2016 fall movie kicks off in muted fashion (per usual) with two new entries debuting: sci-fi thriller Morgan and period piece romantic drama The Light Between Oceans. You can peruse my detailed prediction posts on each here:

https://toddmthatcher.com/2016/08/24/morgan-box-office-prediction/

https://toddmthatcher.com/2016/08/24/the-light-between-oceans-box-office-prediction/

I’m not expecting either to make much of a splash and I’m predicting Light will just outshine Morgan for the #3 spot. Labor Day weekend has shown in past years that holdovers often don’t lose much of their audience from the previous weekend. In fact, in many cases, its percentage can increase a bit.

This will probably not hold true for current #1 Don’t Breathe, which had a smashing weekend out of the gate (more on that below). Like most horror titles. it should lose a fairly hefty percentage of its opening weekend crowd. Yet it’s likely to remain #1, unless one of the newbies surpasses expectations or Suicide Squad holds even better than forecast. Kubo and the Two Strings likely will round out the top five, though Pete’s Dragon may challenge it for that spot.

As for my blog poll on the two newcomers – 45% believe my Morgan estimate is Just About Right with 39% saying it’s Too High and 16% saying Too Low. With The Light Between Oceans, 40% think it’s Too High, 33% Just About Right, and 27% Too Low.

And with that, my top 5 projections for the holiday weekend that includes Friday to Sunday and Friday to Monday estimates:

1. Don’t Breathe

Predicted Gross: $13 million (Friday to Sunday), $16.7 million (Friday to Monday)

2. Suicide Squad

Predicted Gross: $10.5 million (Friday to Sunday), $12.9 million (Friday to Monday)

3. The Light Between Oceans

Predicted Gross: $9.5 million (Friday to Sunday), $11.3 million (Friday to Monday)

4. Morgan

Predicted Gross: $9 million (Friday to Sunday), $10.6 million (Friday to Monday)

5. Kubo and the Two Strings

Predicted Gross: $6.2 million (Friday to Sunday), $8 million (Friday to Monday)

Box Office Results (August 26-28)

Low-budget horror pic Don’t Breathe continued a solid season for the genre with a fantastic $26.4 million debut (over double my meager $12.4M projection). The critically heralded project, with a reported budget of only $9.9 million, opened beyond even the rosiest of expectations, ousting Suicide Squad from its three-week reign at #1.

Squad dropped to second with $12.2 million (a bit ahead of my $10.6M estimate) for a four-week tally of $283M.

Animated Kubo and the Two Strings actually rose a spot to #3 with $7.8 million in its sophomore frame (in line with $7.5M prediction) for a ten day gross of $24M. A much different animated tale, Sausage Party, was fourth with $7.5 million (I said $7.6M) for a $79M tally.

Opening softly in fifth was the Jason Statham sequel Mechanic: Resurrection with $7.4 million (a bit under my $8.5M forecast).

Following closely behind in sixth was Disney’s Pete’s Dragon, also with $7.4 million (I said $6.6M) for a $54M haul.

War Dogs slipped from third to seventh in its second weekend with $7 million (I said $7.4M) for a $27M overall gross.

Bad Moms continued its impressive run in eight place with $5.5 million (I said $5.4M) for a $95M total. Jason Bourne was ninth with $5.1 million ($4.6M prediction here) for a gross of $149M. Ben-Hur continued its disastrous run in 10th with $4.5 million (a bit below my $5.2M estimate) for a total of only $19M.

There were a pair of limited releases – one that opened OK and the other not so much. Southside with You, dramatizing the first date of first couple Barack and Michelle Obama, managed $2.8 million on 813 screens for 14th place (it’ll expand a bit wider this weekend). Boxing drama Hands of Stone stumbled with just $1.7 million (below my $3.2M projection) on 810 screens for 16th place.

And finally – on this sad day for movie fans – a little of the incomparable Mr. Gene Wilder from Willy Wonka and the Chocolate Factory. May he rest in peace.

Box Office Predictions: August 26-28

***BLOGGER’S UPDATE (08/23/16): It was announced today by the Weinstein Company that they are significantly changing their release pattern for Hands of Stone. The film was originally scheduled to debut this Friday on approximately 2,000 screens. Now, it will premiere on only 800 screens with a wider roll-out on Wednesday (08/31). This forces a shift in my prediction for it. My $6.1 million estimate is now $3.9 million. That would leave it at #11 this weekend based on my projections. 

****BLOGGER’S UPDATE #2 (08/25/16): Finally relenting with Don’t Breathe to give it the #1 spot at $12.4 million. That’s not as high as most prognosticators, but it basically assures it the top spot. The change is reflected below. 

The 2016 summer movie season comes to a close this weekend and it does so in a manner in which most late Augusts do… with a whimper. There are three newbies debuting. None are expected to create major waves. They are: Jason Statham action sequel Mechanic: Resurrection, Sam Raimi produced horror pic Don’t Breathe, and Robert Duran boxing biopic Hands of Stone with Edgar Ramirez and Robert De Niro. You can peruse my individual prediction posts on each here:

https://toddmthatcher.com/2016/08/16/dont-breathe-box-office-prediction/

https://toddmthatcher.com/2016/08/16/mechanic-resurrection-box-office-prediction/

https://toddmthatcher.com/2016/08/17/hands-of-stone-box-office-prediction/

I don’t have any of the newcomers making double digits out of the gate. I will note that my blog readers are strenuously disagreeing on that point with Don’t Breathe, it seems. A whopping 85% believe my prediction is Too Low with 11% saying Just About Right and just 4% saying Too High. Truth be told, horror movies are tough to predict (Lights Out opened considerably beyond my estimate just a month ago). My projection for Don’t Breathe takes into account the late August release and a similar comparison with You’re Next (another critically acclaimed genre title released in the same weekend three summers back). Still, it appears this might be the trendy pick to be #1 in the final summer frame.

As for Mechanic: Resurrection, it’s a pretty even split with 40% saying my forecast is Just About Right and 30% each believing it’s Too High and Too Low. With Hands of Stone, 44% each think I’m either Just About Right or Too Low with 12% saying Too High.

So what will be #1? It looks to me as if Suicide Squad has a real shot at a four-peat if none of the debuting pictures reach past $10M. When it comes to other holdovers in their second weekends, I expect Kubo and the Two Strings will have a smaller percentage drop-off than War Dogs while Sausage Party in weekend #3 may drop at about 50%. It should create an extremely close race between them.

As for Ben-Hur and its dismal weekend opening (more on that below), its drop may not be as massive as some may think (it did get an A- Cinemascore), but over 50% is quite probable. It may battle with Pete’s Dragon and Hands of Stone and Bad Moms for similar grosses.

Add all that activity up and I’ll predict a Top Ten for this final blowout (aka mild fade out) of summer ’16:

1. Don’t Breathe

Predicted Gross: $12.4 million

2. Suicide Squad

Predicted Gross: $10.6 million (representing a drop of 49%)

3. Mechanic: Resurrection

Predicted Gross: $8.5 million

4. Sausage Party

Predicted Gross: $7.6 million (representing a drop of 50%)

5. Kubo and the Two Strings

Predicted Gross: $7.5 million (representing a drop of 40%)

6. War Dogs

Predicted Gross: $7.4 million (representing a drop of 49%)

7. Pete’s Dragon

Predicted Gross: $6.6 million (representing a drop of 42%)

8. Bad Moms

Predicted Gross: $5.4 million (representing a drop of 32%)

9. Ben-Hur

Predicted Gross: $5.2 million (representing a drop of 53%)

10. Jason Bourne

Predicted Gross: $4.6 million (representing a drop of 43%)

 

Box Office Results (August 19-21)

Suicide Squad remained atop the charts for the third weekend in a row, grossing $20.8 million (slightly ahead of my $19.8M estimate) for a total of $262M. As mentioned above, the DC Comics pic has a nice shot at a fourth weekend at #1 (unless I’m wrong about Don’t Breathe… which many believe I am).

Sausage Party held in second place in weekend 2 with $15.4 million (I predicted a bit higher with $16.7M) for a pleasing 10 day total of $65M. Whether or not it reaches $100M is still in question, but this is a fine performance considering its $30M budget.

The Jonah Hill/Miles Teller action comedy War Dogs had the highest debut of the newbies with a respectable third place showing. It grossed $14.6 million, a bit above my $13.4M projection. I expect it lose almost half its audience in its sophomore frame as audiences didn’t seem too impressed with a B Cinemascore grade.

Kubo and the Two Strings garnered strong reviews, but had the weakest opening yet in fourth place for animation studio Laika with $12.6 million (under my generous $17M forecast). It could be that family audiences have simply had their fair share of pics to enjoy this season.

Speaking of underwhelming family entertainment, Disney’s Pete’s Dragon continued its unimpressive run with $11.3 million for fifth place (I predicted $12.3M). The total stands at $42M.

Now… to Ben-Hur. And, boy, is this an enormous flop for Paramount. The umpteenth remake (most notably of the 1959 Charlton Heston Best Picture winner) of the Biblical epic bombed with $11.2 million. I was kinder with a $16.3M prediction. With a reported $100 million budget, this stands as one of the largest flops of the year. Not even Morgan Freeman’s dreadlocks could save it.

Finally, outside of the top ten, the critically lauded Western thriller Hell or High Water expanded to 472 screens and had the highest per screen average of any film. It grossed $2.6 million and is expected to roll out even wider this weekend.

And that’ll do it for now, friends! Until next time…

Mechanic: Resurrection Box Office Prediction

Jason Statham starred in one of the biggest sequels of 2015 with Furious 7. He is highly unlikely to repeat himself this year as Mechanic: Resurrection hits screens next weekend. This is a follow-up to 2011’s The Mechanic, a remake of a 1972 Charles Bronson vehicle that performed fairly modestly with an $11.4 million opening and $29.1 million overall domestic gross. Frankly, I’m not really sure why this warrants a sequel.

The supporting cast includes Jessica Alba, Tommy Lee Jones, and Michelle Yeoh with Dennis Gansel taking over directorial duties from Simon West. While the past five years has given its star more exposure with hits like the aforementioned seventh Furious entry and Spy, I doubt that will be enough for Resurrection to rise above what its predecessor even earned. Heck, this isn’t even the most high-profile sequel ending in the word “Resurrection” (as Ripley and Winona Ryder could tell you).

In this same late August weekend last year, similar genre type pic Hitman: Agent 47 made $8.3 million. That actually seems about right for this and I’ll predict it just tops that unimpressive number.

Mechanic: Resurrection opening weekend prediction: $8.5 million

For my Don’t Breathe prediction, click here:

https://toddmthatcher.com/2016/08/16/dont-breathe-box-office-prediction/

For my Hands of Stone prediction, click here:

https://toddmthatcher.com/2016/08/17/hands-of-stone-box-office-prediction/