Box Office Week: Ocean's 8 takes #1 with a very good $41.5M, a franchise best. Hereditary surprises with the highest A24 opening ever at #4 with $13M. Hotel Artemis bombs at #8 with just $3.1M. Overseas, Jurassic World: Fallen Kingdom opens to $151.1M, half the overseas opening of Jurassic World.
Rank | Title | Domestic Gross (Weekend) | Worldwide Gross (Cume) | Week # | Percentage Change | Budget |
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1 | Ocean's 8 | $41,500,000 | $53,700,000 | 1 | N/A | $70M |
2 | Solo: A Star Wars Story | $15,154,000 | $312,205,474 | 3 | -48.5% | $250M - $300M |
3 | Deadpool 2 | $13,650,000 | $655,258,593 | 4 | -41.1% | $110M |
4 | Hereditary | $13,037,336 | $13,037,336 | 1 | N/A | $10M |
5 | Avengers: Infinity War | $6,836,000 | $1,998,033,699 | 7 | -34.9% | $315M - $400M |
Notable Box Office Stories:
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Ocean's 8 - Whenever a film like Solo bombs it's always interesting to see what comes in to fill the vacuum of space left where the bombed film was supposed to just rule the weekends ahead. Now with this weekend over it seems like Incredibles II will be the big victor but Ocean's 8 still likely got some of that residual heat as the female lead sequel/reboot of the heist series has opened to a franchise high of $41.5M. Of course adjusting for inflation it's not so high, in fact it's the worst! Queue angry comments about title, etc. I've never been a big fan of adjusting for inflation but here I can accept it as we are just 11 years out from the last film and the landscape is much similar than say comparing a film from 30 years ago. Still I think Ocean's 8 is in the right spot for an Ocean's film opening, a franchise that always opened low but had fabulous multipliers with the last two over 3x and the first an incredible 4.8x multiplier. Ocean's 8 could hold well in the coming weeks as the female audiences came out for the film with 69% of the audience female and scoring great marks for women under the age of 18 who could have the social media power to keep the film running. Overall the film scored a B+ on Cinemascore, the same as 11 and 13 so expect it to hold pretty well barring a major drop-off in the wake of Incredibles II. Time will tell if this film has the staying power of the others but with a modest budget of $70M (what a world where that is considered restraint) it's aiming for a pretty good return and it is a good example of revitalizing a seemingly dormant franchise.
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Hereditary - The Sundance critics favorite finally came out this weekend and made a major splash in many ways as it became the highest opening ever for A24 (hell the only time a film of theirs has opened in double digits) as the horror film opened at #4 with $13M. The debut feature film from writer/director Ari Aster received widespread critical acclaim and was hailed in the marketing as one of the scariest movies ever. It seems audiences however, or at least the ones polled by Cinemascore, disagreed as they gave it a terrible rating of D+. Having seen the film myself I can't say I'm surprised, as half my audience were opening mocking and laughing the film by the end. It's a very very weird film and despite A24s recutting and ADR to give the film a little more coherence, its craziness seems to be turning off many. Oddly this isn't a total critic v audience affair as on r/movies and IMDB the film is quite acclaimed as well, so it's hard to know exactly WHO is turned off and how important their voice is. A24 reaaaaallly wants a big horror hit so let's look at their last two attempts: The VVitch (C- on Cinemascore) and It Comes at Night (D+ on Cinemascore). The VVitch was their first foray into wide release horror and had pretty straight forward marketing. The film opened alright to $8.8M but actually held better than expected with a 2.8x multiplier. It Comes at Night was a different matter. The film was promoted as a creature feature but was actually a depressing moody film about disease and death which really turned off audiences. The film opened to $5.9M and then dropped like a rock and had a 2.2x multiplier. It's likely Hereditary will fall somewhere in there but it's possible the strong word of mouth online could surprise the usual Cinemascore correlation. A24 is desperate to crack this horror market but they keep picking the wrong kind of films to do that. These bizarre auteur driven films are just not the crowd pleasers that still critically liked but more traditional studio horror films have become (ex. Get Out, It, A Quiet Place). I'm glad they bring these films to the masses but if they really want to make their first $100M domestic grosser it's not going to be a movie where Toni Collette saws her own head off.
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Hotel Artemis - Another week, another worst opening of all time as this time the powerhouse Global Road added a new notch to their failure belt with Hotel Artemis which had a horrible opening at #8 with $3.1M The film had the 46th worst opening of all time, not the highest echelons of bad but still not great for GR's attempts to break into that sweet John Wick style market. Despite the film's stacked cast it doesn't carry a big budget, just $15M, which it will not come close to reaching but it might squeeze together in VOD and streaming sales. This whole film just feels like a direct to Netflix movie that for some reason was released wide and the public seemed to all collectively decide let's just wait for Netflix on this one. Plus with a C- on Cinemascore don't expect many raves from the few who did see it. But hey could be worse. Could have opened like Action Point.
Films Reddit Wants to Follow
This is a segment where we keep a weekly tally of currently showing films that aren't in the Top 5 that fellow redditors want updates on. If you'd like me to add a film to this chart, make a comment in this thread.
Title | Domestic Gross (Cume) | Worldwide Gross (Cume) | Budget | Week # |
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The Greatest Showman | $174,026,442 | $433,095,097 | $84M | 26 |
Black Panther | $699,388,067 | $1,345,665,841 | $200M | 18 |
Love, Simon | $40,823,927 | $58,101,015 | $17M | 14 |
Ready Player One | $136,200,793 | $580,500,793 | $175M | 12 |
A Quiet Place | $185,460,343 | $324,260,343 | $17M | 10 |
Notable Film Closings
Title | Domestic Gross (Cume) | Worldwide Gross (Cume) | Budget |
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Jumanji: Welcome to the Jungle | $404,515,480 | $961,937,040 | $90M |
Pacific Rim Uprising | $59,185,715 | $290,061,297 | $150M |
As always r/boxoffice is a great place to share links and other conversations about box office news.
Also you can see the archive of all Box Office Week posts at r/moviesboxoffice.
Submitted June 11, 2018 at 09:02PM by mi-16evil https://ift.tt/2sN62cA
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