Drew Hancock’s mix of horror, sci-fi and comedy Companion (out tomorrow) is drawing far stronger reactions that most January releases manage. Sophie Thatcher and Jack Quaid star with Lukas Gage, Megan Suri, Harvey Guillén, and Rupert Friend supporting.
With 95% on Rotten Tomatoes and Metacritic at 76, Warner Bros hopes to have a sleeper on its hands. Thatcher is turning into a Scream Queen with The Boogeyman and Heretic to her credit. The latter also drew thumbs up notices and probably came close to earning Hugh Grant a Best Actor nod.
Yet as an any Oscar follower knows, horror is a tough genre for performers to generate awards chatter. That should hold true in this case. My Oscar Prediction posts will continue…
A trio of newcomers hits multiplexes this weekend with the much-publicized DCEU adventure The Flash, Pixar’s Elemental, and horror spoof The Blackening. You can peruse my detailed prediction posts on them here:
There’s little question that The Flash will bolt to #1. The question is with how much. While I don’t see it reaching nine figures, I do believe $80-90 million is within reach. It is worth noting that fresh tracking shows it could fall short of that number so keep an eye on my blog this week to see if I maintain my rosy outlook.
I don’t have a flowery vision for how Elemental will perform. After Pixar experienced a high-profile flop last summer with Lightyear, their latest could find itself in a battle with fellow animated pic Spider-Man: Across the Spider-Verse (in its third frame) for #2. I’ll give Elemental the slight benefit of the doubt, but not by much.
Spider-Verse should only drop a spot because I believe it’ll see around a 50% fall. Transformers: Rise of the Beasts significantly exceeded my projection (more on that below). Yet it could dip in the mid 60s and that would mean a slide from 1st to 4th.
The Little Mermaid should round out the top five with a 40% drop and that brings us to The Blackening. The scary parody is reported to release in only about 1800 venues and that could limit the potential. I’ll say it doesn’t hit $10 million and is in sixth.
And with that, here’s how I envision that top 6:
1. The Flash
Predicted Gross: $83.2 million
2. Elemental
Predicted Gross: $30.6 million
3. Spider-Man: Across the Spider-Verse
Predicted Gross: $27.6 million
4. Transformers: Rise of the Beasts
Predicted Gross: $21.8 million
5. The Little Mermaid
Predicted Gross: $13.8 million
6. The Blackening
Predicted Gross: $7.7 million
Box Office Results (June 9-11)
Transformers: Rise of the Beasts couldn’t match the $100M+ earnings of early franchise entries. However, it did blast past my prediction with $61 million compared to my measly $42.2 million call. That’s on the top end of its anticipated range and, like other Transformers pics, it should perform well overseas. There might just be a little juice left in the series.
Spider-Man: Across the Spider-Verse had a sturdy hold of 54% in its sophomore weekend with $55.5 million, a bit under my $58.4 million forecast. The acclaimed sequel has amassed $225 million in ten days.
The Little Mermaid was third with $23.1 million (on target with my $22.5 million take) for $229 million in three weeks.
Guardians of the Galaxy Vol. 3 was fourth with $7.2 million (I said $6.6 million) for an overall haul of $335 million.
Finally, The Boogeyman held up stronger in weekend #2 that I assumed with $7.1 million. I went lower at $5.8 million. The two-week tally is a so-so $24 million.
Transformers: Rise of the Beasts will attempt to topple Spider-Man: Across the Spider-Verse, but that could be a tall order. Beasts is the sole wide release this weekend and you can peruse my detailed prediction post on it here:
The seventh entry in the franchise based on the Hasbro toy line will not have the lowest start of the bunch. That belongs and will continue to belong to Bumblebee which started with $21 million over the holidays in 2018. It may, however, have the second smallest if it fails to exceed the $44 million three-day premiere that Transformers: The Last Knight had in the summer of 2017. I am projecting it will fall under that mark.
That should leave Across the Spider-Verse in first position after an amazing rollout this past weekend (more on that below). While I think the sophomore frame dip will be more than 50%, I believe a high 50s gross will comfortably leave it atop the charts.
Holdovers will fill slots 3-5. The Little Mermaid, after an expectedly hefty second weekend fall, should level off and get above $20 million in weekend 3. Guardians of the Galaxy Vol. 3 may remain fourth since it shouldn’t see a percentage drop as large as The Boogeyman‘s in its second outing.
And with that, here’s how I envision the top five:
1. Spider-Man: Across the Spider-Verse
Predicted Gross: $58.4 million
2. Transformers: Rise of the Beasts
Predicted Gross: $42.2 million
3. The Little Mermaid
Predicted Gross: $22.5 million
4. Guardians of the Galaxy Vol. 3
Predicted Gross: $6.6 million
5. The Boogeyman
Predicted Gross: $5.8 million
Box Office Results (June 2-4)
Swinging the #2 best premiere of 2023 behind The Super Mario Bros. Movie was Spider-Man: Across the Spider-Verse. That’s also the seventh highest animated opening ever. It built upon the goodwill from its 2018 Oscar-winning predecessor and made off with $120.6 million. That’s well beyond my projection of $96.4 million. Look for it to play well throughout the season (and it’s certainly the frontrunner to win Best Animated Feature next year).
The Little Mermaid slipped to second with $41.3 million in its sophomore frame, on track with my $40.5 million take. The ten-day gross for the live-action Disney remake is $186 million. That’s pretty decent, but its overseas earnings are underwhelming.
PG-13 horror flick The Boogeyman, based on a Stephen King short story, couldn’t pick up buzz as Spidey sucked up all the oxygen. It made $12.3 million for third, falling below my $17.7 million prediction.
Guardians of the Galaxy Vol. 3 was fourth with $10.6 million (I said $9.6 million) as the MCU threequel is up to $323 million after five weeks.
Fast X rounded out the top five with $9.5 million compared to my $10.1 million forecast. It’s doing better internationally, but the three-week $128 million domestic haul is unimpressive.
Spider-Man: Across the Spider-Verse swings into multiplexes for a highly likely first place debut while The Boogeyman lurks for a start in third position. You can peruse my detailed prediction posts on the newcomers here:
Spidey is the follow-up to 2018’s Oscar-winning animated adventure Spider-Man: Into the Spider-Verse. In addition to plenty of awards, it had an A+ Cinemascore grade and nearly $200 million in domestic sales. Anticipation should be elevated for the sequel (with part 3 coming next year). That’s why some estimates have this as lofty as $100 million. I’m a tad more conservative, but I’ll say it clears $90 million.
The Boogeyman should take advantage of its PG-13 rating, the connection to Stephen King for the source material, and that there’s been a slight lull between horror flicks. Heck – it probably helps that it’s called The Boogeyman. I could see this opening similarly to The Black Phone and Smile. That would mean high teens or low 20s for a solid third place showing.
Memorial Day weekend champ The Little Mermaid should drop to second after a mixed bag of a debut (more on that below). A mid 50s dip (similar to the live-action Aladdin four years ago) would mean a number slightly north of $40 million.
The 4-5 slots should belong to sequel holdovers Fast X and Guardians of the Galaxy Vol. 3. It could be a close race between the two as they each may earn a tad over $10 million.
Here’s how I see it looking:
1. Spider-Man: Across the Spider-Verse
Predicted Gross: $96.4 million
2. The Little Mermaid
Predicted Gross: $40.5 million
3. The Boogeyman
Predicted Gross: $17.7 million
4. Fast X
Predicted Gross: $10.1 million
5. Guardians of the Galaxy Vol. 3
Predicted Gross: $9.6 million
Box Office Results (May 26-29)
As expected, Disney’s The Little Mermaid (updating the 1989 classic) swam to the top of the charts. It did so on the lower end of its expected range. Over the four-day holiday, the total was $118.8 million. That’s below my take of $132.1 million. While nowhere near the starts of Beauty and the Beast or The Lion King from 2017 and 2019, it is on pace with what Aladdin accomplished over Memorial Day four years back.
Fast X slipped to second with $28.5 million and that managed to exceed my $25.4 million estimate. Vin Diesel and company have seen the beginning to the end of their two-decade long franchise earn $113 million thus far.
Guardians of the Galaxy Vol. 3 was third with $26.8 million, on target with my $26 million call. The MCU threequel stands at $306 million.
The Super Mario Bros. Movie took fourth place with $8.2 million (I said $7.6 million) to bring its massive haul to $560 million.
Spots 5-7, as anticipated, went to three newcomers. I didn’t correctly call their placements. The Machine with popular standup and podcaster Bert Kreischer was fifth with $5.8 million, ahead of my $3.7 million forecast. While not spectacular, it’s on the better end of its predicted range.
About My Father, featuring another popular standup Sebastian Maniscalco alongside Robert De Niro, was on the lesser end of the range. The family comedy was sixth with $5.3 million. I said a touch more at $6.2 million.
Finally, Gerard Butler’s action pic Kandahar bombed in seventh with only $2.8 million. I was more generous at $4.2 million.
And that does it for now, folks! Catch my podcast where I discuss all things box office by searching Movies at the Speed of Speculation wherever you like to stream. Until next time…
20th Century Studios is hoping plenty of viewers will be creeped out by The Boogeyman on June 2nd. The PG-13 horror pic is based on a half century old short story by Stephen King with Rob Savage directing. Cast members include Sophie Thatcher (no relation that I’m aware of), Chris Messina, Vivien Lyra Blair, and David Dastmalchian.
Budgeted at just over $40 million, this was originally slated for a streaming premiere on Hulu. Encouraging test screenings changed the plan and now it’s being unveiled in approximately 3000 venues.
This genre has seen its share of successes as of late. There are two comps from 2022 that seem appropriate. The Black Phone was a summer release with some similar themes and based on a novel by King’s son Joe Hill. It started off with $23.6 million. Last fall’s Smile is similar in the sense that it was supposed to roll out on Paramount+ and the pattern was altered due to its positive audience scores. A $22.6 million debut was the result.
The Rotten Tomatoes score is 64%. While under the 83% of Phone and 79% from Smile, that’s just fine to keep the buzz decent. I can’t find a compelling reason why this wouldn’t hit the mid to high teens or low 20s as well.
The Boogeyman opening weekend prediction: $17.7 million
For my Spider-Man: Across the Spider-Verse prediction, click here:
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