Box office report (05/21/07)…

The box office remains active as the second of the month’s trio of blockbuster third chapters hit screens with great success.  Following two weeks of relatively non-competition for Spider-Man III, Dreamworks Shrek the Third raked in an ogre-sized lot of the green stuff.  Aided by a (by today’s standard atypically) short running time of about an hour and a half, which allowed for another showing or two, Shrek the Third pulled in a monstrous $122 million this weekend, hoarding a huge 8,600 screens, averaging $30,000 at each of the 4,122 theaters it played.  This was well ahead of the opening of Shrek II, which pulled in $108 million its first three days.

Unsurprisingly, this pushed Spider-Man III, in its third frame, down into second place.   Still drawing a robust $28.5, its total dropped 51% from last week, as opposed to the over 60% drop the film saw from its first weekend to its second.  Drawing about $6,600 per its 4,324 theaters, the web-slinger has apprehended about $292 million domestically so far, along with a heroic $465 million overseas, for a boggling total of nearly $750 million.  While the billion dollar mark is probably out of reach, given the increased competition about to land, things are looking very rosy for Sony Picture’s profit statements this year.

After that, the drop-off is manifest.  Number three picture 28 Months Later chomped on another $5.2, for a 48% drop-off from its first week, which is actually pretty good for a horror film.  With the picture already in profit from its overseas take, its $18.6 million so far is pretty much gravy.  Still, it’s clear the film will fall far short of the U.S. gross of the first film, 28 Days Later, which feasted on $45 million.

 Low-budget teen suspenser Disturbia continues to do well, falling only 22% and drawing another $3.7 million, for a robust $71 million so far. 

The more (supposedly) star-driven chick flick Georgia Rule, however, languished.  Drawing $3.5 million in its second weekend, its total is an anemic $12.6 million.  Fracture held well, grabbing another $2.5 million, and closing in on about $35 million.  Surely a disappointment there.

The horrible looking Delta Farce plunged 48% this week from its already weak debut, making $1.8 million for a two week total of only $6 million.  Obviously it is unlikely to hit even the $10 million mark at this point.

The Invisibles again failed to see audiences, making $1.3 million to boost its total to nearly $18m.   Hot Fuzz drew the same, although it cleared the $20m mark this weekend. 

Two films made $1.1m, with markedly different results.  Art house flick Waitress draw that sum at only 116 theaters, for a yummy $9,800 per venue.  Meanwhile, Nick Cage’s already barely remembered studio megabomb Next drew that sum towards a ghastly $16.6m total, and I don’t foresee it hitting much over $20m, if that. 

Next week sees Pirates of the Caribbean: At World’s End hitting theaters for the Memorial Day weekend, which should put further pay to Spider-Man III, even with the longer weekend.  Shrek the Third will presumably hold better, and animated movies tend to have longer legs than non-animated ones.  The question for Pirates is can it beat Spider-Man III‘s huge openings and established itself as the year’s most popular film.

Another question is whether Pirates will get better reviews than the tepid marks given both the latest Spider-Man and Shrek entries.   People are obviously in a movie-going mood right now, but obviously they are more likely to continue to hit theaters if the movies they see are actually good.  The current films have already made their lucre, but if things don’t get better quality-wise, future releases might suffer.

  • Danny

    Wow. Not a one original film is doing well. It’s sequels, sequels, sequels. Of all the original films (well, non-sequels), the best earner is Disturbia?

    It’s true that Hollywood is getting better at keeping franchises going longer. Spider-man III is legions better than Batman and Robin, Superman III, or Rocky III. It didn’t live up to the first two (I kept expecting Peter Parker and Sandman to hug, Dr. Phil style), but it entertained for two hours. But I’m still not sure if I like a complete and utter lack of new material to look forward to.

    We’ve still got Ocean’s Thirteen, Fantastic Four 2, Bruce Almighty 2 (which, oddly, seems to have little connection to Bruce Almighty), Die Hard 7, Harry Potter 5 (though, being based on a shorter book, I’d expect it to be less choppy than the fourth film. I don’t think I’ve seen a series stay in “blockbuster” status for the fifth film before), Bourne 3, and Rush Hour 3. Not to mention the Simpsons and Transformers films.

    It seems the only major original film this year is Ratatouille. Which might be helped by Sarkozy making Americans less angry at the French, but is still just another CGI film about a rodent.

  • simbo

    Well, the obvious long-term series that’s managed to retain blockbuster through a fifth, sixth and up to a twenty-first entry is Bond. Although, to be fair, there were also very high expectations for “Star Trek V”, coming off the very financially successful and audience pleasing fourth entry (expectations that were dashed and destroyed when the final product came out, but never the less, legitimate expectations).

    There’s also a decent chance that something like, say, “Knocked Up” or “Startdust” will catch the public’s imagination. It tends to be a slightly self-restricting line if you claim that there’s no major films being made that aren’t remakes or sequels, then dismiss all the ones that aren’t remakes or sequels because nobody’s heard of them yet…

  • Well, obviously nobody is saying that *every* movie coming out this summer is a sequel, remake, or relaunch. However, there are three HUGE ones this month alone, and then Die Hard, Bourne, Ocean’s, Transformers, Fantastic Four, etc.

    So that’s quite patently the trend right now. I don’t think many people think Stardust is going to be a big film in any way, although Knocked Up might well be this summer’s official ‘sleeper.’ The advance buzz on it is very strong.

  • BeckoningChasm

    Fracture held well, grabbing another $2.5 million, and closing in on about $35 million. Surely a disappointment there.

    So it held well, but that’s a disappointment? Hulk not understand!

  • The Rev. D.D.

    I think he means that while it held well from last week, not slipping much in revenue taken in between last week and this, its overall haul has been a lot lower than they’d like (has it made a profit yet?), thus being an overall disappointment.

  • I meant it shed a comparatively small percentage of the previous week’s take, but overall is not doing well. In contrast, Spider-Man III’s take was slightly less than half the previous weekends, but its overall take is gigantically larger.

  • The Rev. D.D.

    I was totally right! Yay for comprehension!
    *does the Dance of Triumph*