June 24-26 Box Office Predictions

Blogger’s Update (06/23): On the eve of its premiere, I am revising my Elvis prediction from $42.6M to $35.6M. That still gives it the #1 slot over Top Gun: Maverick… barely.

In what should be an intriguing and potentially unpredictable weekend to close out the June box office, Baz Luhrmann’s musical biopic Elvis and critically lauded horror pic The Black Phone debut. You can peruse my detailed prediction posts on both of them here:

Elvis Box Office Prediction

The Black Phone Box Office Prediction

There’s plenty of possibilities for how the top 5 will look. While there’s no doubt about which quintet will populate the list, the order is up for grabs. I believe Elvis will open closer to the $51 million of Bohemian Rhapsody than the $25 million of Rocketman. That should be enough to earn it the title of Box Office King.

However, if it does premiere in the mid to late 20s range, the chances of a #1 start are considerably lower. We could legitimately see Top Gun: Maverick rise from 3rd to 1st. With a projected dip in the low to mid 20s, it should at least rise to 2nd place. That’s assuming current two-week champ Jurassic World: Dominion loses more than half its audience in its third go-round and Lightyear also sees a sophomore fall of around 55%. I’m assuming both.

And there’s the wild card that is The Black Phone. Horror titles often outdo expectations and with its aforementioned solid reviews, that could apply here. I’m sticking with a debut of just under $20 million and that would likely mean a fifth place reception.

Here’s how I envision perhaps the most fascinating box office weekend so far in the pandemic era looking:

1. Elvis

Predicted Gross: $35.6 million

2. Top Gun: Maverick

Predicted Gross: $34.8 million

3. Jurassic World: Dominion

Predicted Gross: $28.3 million

4. Lightyear

Predicted Gross: $23.2 million

5. The Black Phone

Predicted Gross: $18.6 million

Box Office Results (June 17-19)

In a major upset, Jurassic World: Dominion remained #1 for the second frame with $59.1 million. That’s stronger than my $54.8 million estimate as the threequel is up to $250 million in its first ten days. That’s $15 million under where predecessor was at four summers ago.

Jurassic‘s reign was unexpected because Disney/Pixar’s Toy Story spinoff Lightyear was widely anticipated to rule the charts. Instead it grossed $50.5 million for second place. That’s, ahem, $35 million under my projection of $85.5 million and less than half of what Toy Story 3 and Toy Story 4 made out of the gate. There’s plenty of think pieces out there for why Lightyear was a disappointment. It includes theories about politics, Disney Plus being the same day distributor for recent Pixar material, and the absence of Tim Allen as the voice of the title character. Any way you slice it, it’s a shocker.

Top Gun: Maverick continued its amazing run in third with $44.6 million – dropping a scant 14%. I was lower at $36 million. The biggest hit of the year (and of Tom Cruise’s career by far) is flying at $466 million as its domestic haul will reach $500 million shortly. As mentioned, if Elvis doesn’t reach my projection, it could see a return to the top spot. I wrote more about Maverick‘s unreal performance yesterday on the blog and it’s here:

Top Gun: Maverick – Lightyears Ahead of Expectations

Doctor Strange in the Multiverse of Madness was fourth with $4.4 million compared to my $3.4 million take. The tally is $405 million.

The Bob’s Burgers Movie rounded out the top five with $1.1 million. I incorrectly had it outside the high five. It’s made $29 million.

I figured The Bad Guys would be fifth, but it was sixth with $1 million (I said $1.5 million)/ The overall take is $94 million.

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

Oscar Predictions: The Black Phone

After helming critically appreciated genre titles The Exorcism of Emily Rose and Sinister (as well as the first Doctor Strange), Scott Derrickson is back in the horror lane this weekend with The Black Phone. Based on a short story by Joe Hill, the supernatural tale began garnering solid buzz when it premiered at Fantastic Fest last fall. Ethan Hawke is the most recognizable name in a cast that includes Mason Thames, Madeleine McGraw, Jeremy Davies, and James Ransone.

Scary movies always face an uphill battle for awards attention. Despite its 100% Rotten Tomatoes score, I don’t foresee Phone dialing up a Best Picture nod. On the other hand, particular acclaim has been afforded to its young costars Thames and McGraw. In order for them to grab any buzz in the supporting fields, the film’s box office reception would need to be fantastic. While I’ve got it performing well, I am not envisioning it reaching that kind of level. My Oscar Prediction posts will continue…

The Black Phone Box Office Prediction

After ringing up lots of positive reception last fall at Fantastic Fest, the supernatural horror pic The Black Phone arrives in theaters June 24th. Based on a short story by Joe Hill (son of Stephen King), Scott Derrickson directs. His biggest blockbuster is 2016’s Doctor Strange, but he’s a veteran of the genre including helming The Exorcism of Emily Rose and Sinister. His lead from the latter – Ethan Hawke – stars as a serial killer. Costars include Mason Thames, Madeleine McGraw, Jeremy Davies, and James Ransone.

In September 2021, Phone garnered serious buzz at the Austin fest. While some reviewers nitpicked pacing issues, the Rotten Tomatoes score is 100% with particular praise for its young performers Thames and McGraw. With a reported budget of under $20 million, this should be another profitable venture for Blumhouse. That production company is used to turning a tidy profit for many of their titles.

During the COVID era, frightening tales were generally immune from negative box office effects. I would look for Phone to earn its price tag back during the first weekend.

The Black Phone opening weekend prediction: $18.6 million

For my Elvis prediction, click here:

Elvis Box Office Prediction