August 6-8 Box Office Predictions

James Gunn’s version of The Suicide Squad hits theaters and HBO Max streaming this Friday and it’s got surprisingly terrific reviews as a bonus feature to bring viewers out. You can peruse my detailed prediction post on it here:

The Suicide Squad Box Office Prediction

The first Squad from 2016 (the one without the THE in front of the title) landed just a 26% Rotten Tomatoes score while THE reboot is perched at an unexpectedly lofty 96%. However, with the Delta variant in play and the availability to HBO subscribers, I have this Squad achieving a low to possibly mid 40s start.

Margot Robbie and her devious friends represent the only newcomer. Jungle Cruise opened a bit above most projections (including mine). The question is whether its Disney Plus simultaneous debut will cause it to drop precipitously like Black Widow and other recent titles. I suspect the sophomore frame dip may not be quite as severe and mid 50s is my forecast.

The holdover battle for the #3 spot could be close between M. Night Shyamalan’s Old, critical favorite The Green Knight, and Black Widow. I actually think Widow could rise from 4th to 3rd with the smallest drop (assuming Old falls about 50%). Knight, despite the laudatory reviews and a larger than expected debut, only nabbed a C+ Cinemascore grade and that could mean a 60% range dip is in the cards.

And with that, my top 5 take on the frame ahead:

1. The Suicide Squad

Predicted Gross: $40.8 million

2. Jungle Cruise

Predicted Gross: $15.5 million

3. Black Widow

Predicted Gross: $3.7 million

4. Old

Predicted Gross: $3.5 million

5. The Green Knight

Predicted Gross: $2.7 million

Box Office Results (July 30-August 1)

Disney had reason to celebrate over the weekend as Jungle Cruise with Dwayne Johnson and Emily Blunt opened at the high end of projections. The theme ride based adventure, sporting mostly positive reviews, landed with $35 million (ahead of my $28.4 million estimate). Additionally, the studio’s streamer Disney Plus reported $30 million in rental action. That’s about as rosy as scenario possible given the continuing complications for theaters.

Old dropped to second with a near 60% plummet at $6.8 million, in line with my $6.6 million take. It’s earned $30 million so far and that’s decent considering the small budget.

The Mouse Factory wasn’t the only studio that exceeded projections as The Green Knight was third with $6.7 million – well beyond my meager $3.4 million guesstimate. As mentioned above, the middling audience reaction could halt its momentum in weekend #2, but that’s certainly a better start than anticipated.

Black Widow was fourth with $6.4 million (I said $5.6 million) to bring its tally to $167 million.

Matt Damon’s Stillwater premiered in fifth with a muted $5.1 million. That’s right in line with my $5.2 million estimate as mostly solid reviews couldn’t bring adult moviegoers out in substantial fashion.

Space Jam: A New Legacy was sixth with $4.2 million (I was close with $4.5 million) for a three week $60 million total.

Lastly, Snake Eyes nosedived in its second outing after a disastrous opening with $4 million (I said $4.7 million). The ill-fated G.I. Joe reboot has amassed just $22 million.

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

July 30-August 1 Box Office Predictions

Dwayne Johnson and Emily Blunt’s theme ride based Disney adventure Jungle Cruise should have no trouble topping the charts as July rolls to August at the box office. It opens alongside the Matt Damon drama Stillwater and David Lowery’s medieval tale The Green Knight with Dev Patel and Alicia Vikander. You can peruse my detailed prediction posts on all of them here:

Jungle Cruise Box Office Prediction

Stillwater Box Office Prediction

The Green Knight Box Office Prediction

After a rather sluggish weekend where no newcomer topped $20 million, Jungle should easily cruise to that and more. Whether it tops $30 million is more of a question mark (especially with the Delta variant complicating matters). I’m putting it just under $30M while no other title should hit $10 million.

The jockeying for slots 2-5 could be interesting. Let’s get The Green Knight out of the way. While Lowery is an acclaimed indie filmmaker, I don’t see this having much initial crossover appeal. I have yet to see a theater count and my estimate of $3.4  million puts it well outside the top 5 (my estimate could change based on number of screens). **Blogger’s Update (07/28): the 2500 estimated screen count has revised my estimate for this up from $2.2M to $3.4M

Stillwater is a bit more of a head scratcher. It has solid reviews yet I can’t shake the feeling that this might have been better positioned for an autumn release. It could certainly open higher than my $5.2 million projection, but I also wouldn’t shocked if it went lower.

The position of Stillwater in the top 5 will be determined by the sophomore drops of Old and Snake Eyes and the fourth weekend performance of Black Widow. 

Widow and Space Jam: A New Legacy have experienced hefty declines in their second frames. With mixed to negative reviews, I see no reason why Old and Snake Eyes won’t suffer the same fate. Both could see their fortunes fall in the mid 50s (that could be best case) or 60% or more. I’m thinking the latter. There’s a chance that Space Jam could stay in the high five if Snake Eyes dips in the mid 60s (I think it’ll be awfully close)

Here’s how I have all the action playing out:

1. Jungle Cruise

Predicted Gross: $28.4 million

2. Old

Predicted Gross: $6.6 million

3. Black Widow

Predicted Gross: $5.6 million

4. Stillwater

Predicted Gross: $5.2 million

5. Snake Eyes

Predicted Gross: $4.7 million

6. Space Jam: A New Legacy

Predicted Gross: $4.5 million

Box Office Results (July 23-25)

Considering its low budget, the performance of M. Night Shyamalan’s Old isn’t necessarily bad news for Universal. However, it definitely came in on the low end of expectations with $16.8 million for a gold medal showing. I was more generous at $19.8 million. Word-of-mouth doesn’t seem very encouraging and I anticipate a sophomore drop in the 60% range.

There’s really no way to spin the Snake Eyes gross in a positive way for Paramount with its disappointing silver medal. The hoped for G.I. Joe reboot tanked with just $13.3 million compared to my $17.2 million projection. You could say it was a real American no show with audiences. With a budget in the reported $100 million range, this should easily put this franchise on the skids for some time.

Black Widow took the bronze in weekend #3 with $11.6 million (I went a little higher at $12.9 million). The MCU stand-alone feature has made $154 million thus far and will be one of the lowest performers of the MCU library.

Space Jam: A New Legacy plummeted from its #1 perch to fourth with a near 70 percent fall. The $9.5 million gross was way under my take of $15.8 million and the two-week tally is $51 million. There’s no chance the LeBron and Looney Tunes sequel will make $100 million stateside.

F9 was fifth with $4.8 million (I said $5.1 million) to bring its total to $163 million.

Escape Room: Tournament of Champions was sixth in its second outing with only $3.5 million (I went with $4.5 million) for $16 million overall.

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

July 23-25 Box Office Predictions

Blogger’s Note (07/21): I am revising some predictions from my original Monday. Taking Old from $22.8 million down to $19.8 million; Snake Eyes from $21.2 million to $17.2 million; and Space Jam: A New Legacy from $14.8 million up to $15.8 million.

We could see a real battle for the #1 position this weekend as M. Night Shyamalan’s Old and the G.I. Joe reboot Snake Eyes both debut. I have both nabbing similar grosses and you can peruse my detailed write-ups on each right here:

Old Box Office Prediction

Snake Eyes Box Office Prediction

My estimates have the pair landing in the low to mid 20s and I’m giving Shyamalan’s latest a slight edge. Truth be told, either one of them could over or underperform so this lends some genuine suspense to the forthcoming results.

Assuming both manage to reach high teens to $20 million, that should mean Space Jam: A New Legacy will drop to 3rd following its better than expected debut (more on that below) with a dip in the 50-55% range. Black Widow, after experiencing a larger than anticipated sophomore drop, should fall to fourth position. There could be a close competition for the five spot between  Escape Room: Tournament of Champions and F9. I’ll say Vin Diesel and his merry band of racers triumphs since Escape might lose around half of the opening audience from its lackluster start.

And with that, let’s do a top 6 this time around:

1. Old

Predicted Gross: $19.8 million

2. Snake Eyes

Predicted Gross: $17.2 million

3. Space Jam: A New Legacy

Predicted Gross: $15.8 million

4. Black Widow

Predicted Gross: $12.9 million

5. F9

Predicted Gross: $5.1 million

6. Escape Room: Tournament of Champions

Predicted Gross: $4.5 million

Box Office Results (July 16-18)

In a surprise development, Lebron James and the Tune Squad dunked over Scarlett Johansson as Space Jam: A New Legacy opened ahead of projections with $31 million. That’s well above my $22.7 million estimate as the long in development sequel (which is also available on HBO Max) clearly brought in families and the nostalgic fans of the 1996 original.

Black Widow was anticipated to repeat at #1, but it fell to second with a massive 68% drop. The MCU stand-alone feature took in $25.8 million compared to my more generous $32.1 million prediction. The pic stands at $131 million as theater owners are griping about its simultaneous streaming  showings on Disney Plus.

Horror sequel Escape Room: Tournament of Champions couldn’t emerge with an impressive start with $8.8 million. That’s about $10 million below what the 2019 original achieved and under my take of $11.4 million.

F9 held up better than I figured in fourth with $7.6 million (I lowballed it at $6.2 million). The four week tally is $154 million as it has become to second COVID era flick after A Quiet Place Part II to reach $150M+.

The Boss Baby: Family Business was fifth with $4.7 million (I said $5.2 million) and it stands at $44 million.

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

Old Box Office Prediction

Blogger’s Note (07/21): I am revising my Old prediction down from $22.8 million to $19.8 million

What will be the ending to the next M. Night Shyamalan opening weekend story? That’s a tough one with Old, the filmmaker’s latest thriller debuting July 23rd. Based on a graphic novel, the pic places its cast in a beach setting where they inexplicably begin rapidly aging. That’s about the biggest nightmare Hollywood can imagine and Universal Pictures is banking that the horror will translate onscreen. The cast includes Gael Garcia Bernal, Vicky Krieps, Eliza Scanlen, Alex Woolf, Abbey Lee, Rufus Sewell, Ken Leung, and Embeth Davidtz.

Over the past six years, Shyamalan has experienced a career resurgence with his budgets getting lower and his grosses far exceeding the price tag. 2015’s The Visit took in a surprising $25 million out of the gate ($65 million overall domestic gross). 2017’s Split started off with a cool $40 million ($138 million haul) and its 2019 follow-up Glass earned $46 million over the long MLK frame with a $111 million eventual take.

In a summer filled with sequels and reboots, Old could have the advantage (despite being based on a property) of looking like something fresh. You could even say – what’s Old is new. The trailers and TV spots are pretty effective. It is competing for some of the same audience with the G.I. Joe franchise overhaul Snake Eyes. However, my gut says this could manage to overshadow it.

The aforementioned predecessors from the director kicked off in a less competitive timeframe. I still believe Old gets pretty close to the $25 million achieved by The Visit and gives it a solid chance at topping charts over Snake Eyes.

Old opening weekend prediction: $19.8 million

For my Snake Eyes prediction, click here:

Snake Eyes Box Office Prediction

Snake Eyes Box Office Prediction

Blogger’s Note (07/21): I am revising from Snake Eyes prediction down from $21.2 million to $17.2 million

23 years after its release, Paramount Pictures has answered the call of the moviegoing masses by remaking the Brian De Palma action thriller Snake Eyes with Nicolas Cage. OK, not really. While Mr. Cage is looking for his stolen sow in a different theatrical release, the aforementioned studio is rebooting the G.I. Joe franchise.

This particular Snake Eyes arrives eight years after G.I. Joe: Retaliation (which followed G.I. Joe: The Rise of Cobra from 2009). It’s a whole new ball game with different players. Henry Golding is in the title role with a supporting cast including Andrew Koji, Ursula Corbero, Samara Weaving, and Iko Uwais. Robert Schwentke (no stranger to franchise work having done Insurgent and Allegiant from the Divergent series) directs.

The first iteration stemming from the Hasbro toy line impressed 12 years ago with a $54 million opening haul and eventual domestic gross of $150 million. Retaliation couldn’t match it with a $40 million premiere and $122 million overall take.

I’m not so sure there’s a major clamoring for this series to be revived. There’s also M. Night Shyamalan’s Old debuting against it and competing for some of the same sets of eyeballs. My hunch is that a low to mid 20s start is where this ends up and that likely means a stateside gross topping $100 million is unreachable. That could be bad news for Paramount as they are already planning sequels. Perhaps foreign grosses will make that a reality.

Snake Eyes opening weekend prediction: $17.2 million

For my Old prediction, click here:

Old Box Office Prediction

Summer 1998: The Top 10 Hits and More

Continuing with my recaps of the movie summers from 30, 20, and 10 years ago – we arrive at 1998. If you missed my post recounting the 1988 season, you can find it right here:

https://toddmthatcher.com/2018/07/11/summer-1988-the-top-10-hits-and-more/

1998 was a rather astonishingly sequel lite summer with only one making up the top ten moneymakers. And while 2018 will be known for its Avengers phenomenon, it was a much different story with Avengers two decades ago.

Behold my synopsis of the top 10 hits, along with other notables and flops:

10. The Mask of Zorro

Domestic Gross: $94 million

He may be playing Pablo Picasso on TV now, but Antonio Banderas had a significant hit (alongside Catherine Zeta-Jones and Anthony Hopkins) in this tale of the famed swashbuckler. A less successful sequel would follow in 2005.

9. Mulan

Domestic Gross: $120 million

Disney’s 36th animated feature (with a voice assist from Eddie Murphy) didn’t reach the heights of titles like Aladdin or The Lion King, but the Mouse Factory has already commissioned a live-action version slated for 2020.

8. The Truman Show

Domestic Gross: $125 million

Jim Carrey’s first major big screen foray outside of zany comedy, Peter Weir’s reality show pic garnered critical acclaim for the film itself and the star’s performance.

7. Lethal Weapon 4

Domestic Gross: $130 million

The final teaming of Mel Gibson and Danny Glover (with Chris Rock and Jet Li joining the mix) made slightly less than part 3 and was generally considered rather mediocre, especially considering the heights that the franchise started from.

6. Godzilla

Domestic Gross: $136 million

Coming off the massive success of Independence Day, Roland Emmerich’s tale of the giant green monster was expected to possibly be summer’s biggest hit. It came in well below expectations with critics and audiences. A better regarded version arrived in 2014.

5. Deep Impact

Domestic Gross: $140 million

Our first asteroid disaster flick on the list came from Mimi Leder with a cast including Tea Leoni, Elijah Wood, and Robert Duvall. Moviegoers loved their asteroids 20 years ago.

4. Dr. Dolittle

Domestic Gross: $144 million

Eddie Murphy was still in popular family guy mode with this remake of the Rex Harrison animal tale. A sequel would follow in 2001.

3. There’s Something About Mary

Domestic Gross: $176 million

The Farrelly Brothers had the comedic smash of the summer in this effort that made Ben Stiller a huge star and had a showcase role for Cameron Diaz’s talents.

2. Armageddon

Domestic Gross: $201 million

Our second asteroid pic (this one from Michael Bay) comes with Bruce Willis, Ben Affleck, and Liv Tyler… and an Aerosmith ballad that played all season long.

1. Saving Private Ryan

Domestic Gross: $216 million

Steven Spielberg’s acclaimed World War II drama with Tom Hanks has one of the most intense first scenes in cinematic history. It was considered the Oscar front-runner until it lost in an upset to Shakespeare in Love. 

And now for some other notable films:

The X-Files

Domestic Gross: $83 million

Bringing David Duchovny and Gillian Anderson’s alien themed FOX TV show to the big screen turned out to be a profitable venture. An ignored sequel would follow 10 years later.

Blade

Domestic Gross: $70 million

The vampire-centric Wesley Snipes flick spawned two sequels and major cult status.

Out of Sight

Domestic Gross: $37 million

Its box office performance was middling, but Steven Soderbergh’s romantic crime pic showed George Clooney and Jennifer Lopez at their best. Critics dug it.

Fear and Loathing in Las Vegas

Domestic Gross: $10 million

Not a success at the time, but Terry Gilliam’s wild ride featuring Johnny Depp as Hunter S. Thompson created a serious following in subsequent years.

And now for some flops:

Six Days, Seven Nights

Domestic Gross: $74 million

Harrison Ford was flying high off the success of Air Force One one summer earlier, but audiences and reviewers weren’t as kind to this action comedy with Anne Heche.

Snake Eyes

Domestic Gross: $55 million

Likewise, Nicolas Cage experienced a trilogy of mega hits during the two previous summers with The Rock, Con Air, and Face/Off. This one from Brian De Palma didn’t impress nearly as much.

The Avengers

Domestic Gross: $23 million

Not THOSE Avengers, ladies and gents. This big screen adaptation of the 1960s TV series with Ralph Fiennes, Uma Thurman, and Sean Connery landed with a thud in August. No sequels here.

54

Domestic Gross: $16 million

Mike Myers was coming off a little something called Austin Powers: International Man of Mystery when this pic about the famed NYC nightclub opened. Critics weren’t kind and crowds didn’t turn up.

BASEketball

Domestic Gross: $7 million

Trey Parker and Matt Stone rarely create something that isn’t massively successful – like “South Park” and The Book of Mormon. This sports comedy is the rare exception, though it has developed a following since.

https://www.youtube.com/watch?v=CsWFLaHiQa8

And there you have it – the summer of 1998! Look for 2008 shortly…