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The latest news on Box Office from Business Insider

older | 1 | .... | 8 | 9 | (Page 10)

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    the nun

    Warner Bros. is on a box-office win streak. The studio has released three films in the last two months — "The Meg,""Crazy Rich Asians," and "The Nun"— that have landed it at the top of the box office for five weeks in a row.

    The only other studio to do that this year was Disney with "Black Panther," which went five straight weeks at the top once it debuted in February. 

    Not only has Warner Bros. dominated the domestic box office, but Exhibitor Relations analyst Jeff Bock told Business Insider it has also reigned supreme recently because its movies appeal to foreign audiences.

    "It's the sort of play that many studios have been going after, by not casting people just so it will do well in North America, but throughout the world," Bock said.

    "The Meg," which was a coproduction with a Chinese company and starred multiple Asian actors, has grossed nearly $500 million worldwide. "Crazy Rich Asians," which is the first Hollywood movie in 25 years to feature an all-Asian cast, has been steady domestically, dropping just 6% and 11% in its second and third weekends after a strong opening.

    "The Nun," the latest movie in the "Conjuring" universe, opened this past weekend with $53.8 million, a franchise best despite poor reviews. Bock said it was helped by a lackluster summer for horror, and Latino audiences. It could be dethroned this weekend when Fox's "The Predator" comes to theaters, but if not, "The Nun" will break Warner Bros.' tie with Disney.

    We looked back at what was at the top of the box office the last five weekends and how much money the movie made:

    SEE ALSO: How 'The Nun' overcame bad reviews to be a box-office hit

    August 10-12: "The Meg"

    Weekend box office: $45,402,195 (Opening weekend)

    Number 2: "Mission: Impossible — Fallout" ($19,352,090)



    August 17-19: "Crazy Rich Asians"

    Weekend box office: $26,510,140 (Opening weekend)

    Number 2: "The Meg" ($21,151,012)



    August 24-26: "Crazy Rich Asians"

    Weekend box office: $24,808,202 (only a 6.4% decrease from opening)

    Number 2: "The Meg" ($12,812,615)

     



    See the rest of the story at Business Insider

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    predator

    • "The Predator" may have topped the box office over the weekend, but it only made $24 million — far from a smash.
    • Exhibitor Relations senior box-office analyst Jeff Bock told Business Insider that the movie would have made more money if Arnold Schwarzenegger had reprised his role from the 1987 original "Predator."
    • "It could be sh-- but it would be enough where people would go see it," Bock said. 
    • Director Shane Black said that Schwarzenegger turned down a role in the film because it was "too small."
    • Bock said the upcoming "Halloween" capitalized on the nostalgia factor that "The Predator" failed to do by bringing back Jamie Lee Curtis.

     

    "The Predator" may have dethroned "The Nun" at the box office over the weekend, breaking Warner Bros.' five-week streak at the top in the process, but it was far from a smash.

    "The Predator" made just $24 million in its opening weekend. According to Box Office Mojo, that's the worst for a live-action film opening in over 4,000 locations, a title previously held by last year's "The Mummy." 

    The film was shrouded in controversy in the week leading up to its release, as it was revealed that the studio Fox had deleted a scene that featured a registered sex offender and friend of director Shane Black's, who was included without the cast's knowledge.

    It's unknown how this controversy affected audiences' interest in the movie. But Exhibitor Relations senior box-office analyst Jeff Bock told Business Insider that "The Predator" could have made more money if it had capitalized on the franchise's nostalgia, specifically if it brought back Arnold Schwarzenegger, who starred in the original 1987 "Predator."

    "If Arnold was the lead, we’d be talking about a $50 million opening," Bock said. "It could be sh-- but it would be enough where people would go see it."

    But Schwarzenegger turned down a role in the movie because he was offered too small of a part, according to Black. Black told Yahoo Movies UK that Fox wanted "something a bit fresh, that didn’t rely solely on Arnold’s reemergence, but they were open to the idea to the notion of having him in, in a smaller role."

    When Black approached Schwarzenegger about the idea, Black said that Schwarzenegger told him "if I was featured more, yeah, but what you’re suggesting is that you’re creating this new thing and just using me to bless it. Look, I wish you luck, but that’s too small a role for me."

    Bock contrasted "The Predator" with the upcoming "Halloween," which he predicted will make a solid $50-60 million in its opening weekend.

    "No doubt about it, because it's not only a franchise but then you add in [the studio] Blumhouse which knows how to construct a film and market it," Bock said. "And you’re reaching into the past with Jamie Lee Curtis, it’s the nostalgia factor that 'The Predator' completely missed."

    SEE ALSO: How 'The Nun' overcame bad reviews to be a box-office hit

    Join the conversation about this story »

    NOW WATCH: A top movie actor reveals how he learns different accents


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    happytime murders

    • "The Happytime Murders" has only taken in $20.6 million domestically. That's less than any of the Muppet movies that were released theatrically (counting inflation).
    • The Jim Henson Company, which produced all the Muppet movies, also produced "Happytime Murders."
    • We look back on the domestic performance of all the Muppet movies.

     

    “The Happytime Murders” had Melissa McCarthy starring, the son of Jim Henson at the helm, and a hilarious trailer — but none of that seemed to matter.

    The really raunchy puppet movie was slaughtered by critics (it has a 22% rating on Rotten Tomatoes) and has only earned $20.6 million in the US since its August 24 opening ($24.5 million worldwide).

    The weak box-office coin makes it one of the lowest-earning wide releases of the 2018 summer. But that's not all. It also didn’t make close to what any of the Muppet movies that had a theatrical release took in domestically (even “Muppets Most Wanted”).

    It’s a real black eye for the movie’s production company, The Jim Henson Company (“Happytime Murders” director Brian Henson, son of Jim, is its chairman), which decided to take a risk and make a puppet movie without its cash-cow Muppet characters, and paid the price.

    “Great trailer, disappointing film,” Jeff Bock, senior box-office analyst at Exhibitor Relations, said to Business Insider summing up the movie’s performance. “‘Happytime Murders’ would have been better off mimicking the Muppets we know and love.”

    Here’s a look at the box office performance (counting inflation) of all eight Muppet movies that were released theatrically:

    Note: All box office figures below are from Box Office Mojo.

    SEE ALSO: Elizabeth Olsen explains the 3-year process that led her intense new show, "Sorry for Your Loss," to Facebook Watch

    8. "Muppets From Space" (1999) — $30.3 million

    Unadjusted: $16.6 million



    7. "Muppets Most Wanted" (2014) — $58 million

    Unadjusted: $51.1 million



    6. "The Muppet Christmas Carol" (1992) — $61 million

    Unadjusted: $27.2 million



    See the rest of the story at Business Insider

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    Alamo Drafthouse NYC 4547

    • A new Market Force Information survey found which theater chains are the most popular among nearly 13,000 participants.
    • The survey asked participants to rank each brand based on a Composite Loyalty Index, and then ranked each chain based on its average score.
    • Alamo Drafthouse Cinemas took the top spot, and swept the concessions categories for its convenience and variety.

     

    2018 has been a big year for movies at the box office. This summer alone raked in nearly $5 billion (thanks to an early start with "Avengers: Infinity War") — the second-biggest haul for a summer ever. That's a significant improvement from last summer, which was the worst at the box office in over a decade.

    That means people still enjoy going to the theater to see movies on the big screen. And they enjoy some theater chains more than others.

    A new survey from customer experience management company Market Force Information found which North American movie-theater chains were audiences' favorites. Nearly 13,000 people participated in the survey, which asked participants to rank each brand based on a Composite Loyalty Index, which factored in convenience of location, seating, show time selection, available movies, types and price of concessions, box-office service, and more.

    Alamo Drafthouse Cinemas, with its unique in-theater food and drink service, took the top spot in the survey with a score of 72%. It ranked highest among moviegoers in categories like previous good experience, value for money spent, staff courtesy and helpfulness, and variety of concessions. It swept the concessions and box-office rankings.

    Harkins Theatres came in a close second with an overall score of 68%, with participants ranking it the best in convenient locations and second in ticket-collector courtesy (Alamo ranked first) and showtime selection (Studio Movie Grill ranked first with a 41% score). Marcus Theatres landed at third with an overall score of 64%.

    Landmark Theatres ranked first among participants in movie-title selection with a 43% score.

    AMC didn't fare as well as other chains despite its efforts to compete with MoviePass this summer with its own theater-subscription program. It ranked ninth among the 11 theaters included in the survey with a score of 53%.

    Brand loyalty will be especially important to chains that want to roll out their own movie-theater subscription programs to compete with MoviePass.

    AMC Theatres introduced its own this summer and attracted 260,000 subscribers in its first two months, and Alamo is testing a beta that had a waitlist of over 40,000 after only a month.

    Below is a chart of each chain included in the survey, and where they ranked:

    Favorite Movie-Theater Chains (Overall Results)

    marketforce theater survey

    SEE ALSO: Inside Alamo Drafthouse's beta test of its movie-ticket subscription plan, which has a waitlist of over 40,000 after less than a month

    Join the conversation about this story »

    NOW WATCH: A top movie actor reveals how he learns different accents


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    the house with a clock in its walls universal

    • "The House with a Clock in Its Walls" won the weekend box office with an estimated $26.8 million.
    • The ambitious movies "Fahrenheit 11/9," and "Assassination Nation" fell short.
    • Amazon's "Life Itself" had the year's worst opening weekend for a film that opened in more than 2,500 screens, as it only took in $2.1 million.

    As September wraps up, we are currently at a dry spot in the box office calendar with no major anticipated titles opening (the next big weekend will be the first in October when "Venom" and "A Star Is Born" start their runs).

    That has led to a time of year where indie titles try to capitalize with more ambitious releases, and studios open titles it knows wouldn't have a chance in a more competitive time on the calendar.

    A perfect example is this weekend with the releases of Michael Moore's latest movie, "Fahrenheit 11/9," through Briarcliff Entertainment, and Neon's latest genre title "Assassination Nation."

    Fahrenheit 119 Dog Eat Dog

    Both titles opened on over 1,000 screens instead of the usual strategy of playing the movies in a handful of theaters in New York and Los Angeles and then widening the release in the following weeks. It's debatable if the strategy paid off for either.

    "Fahrenheit 11/9," Moore's documentary on the current political landscape, opened this weekend with an estimated $3.1 million. "Assassination Nation," a explosive drama that is basically "The Crucible" for the social media age, took in $1 million.

    Conventional wisdom would suggest that both of these titles should have started out smaller and built momentum into a wider release, but this sleepy time of year at the box office tempts distributors to make bold moves.

    Life Itself Amazon Studios

    Like Amazon Studios releasing the polarizing "Life Itself" on 2,600 screens despite a 13% score on Rotten Tomatoes. The drama directed by the creator of "This Is Us" ended up earning only $2.1 million (an incredibly low $807 pre screen average). That's the worst debut for a movie this year that opened in over 2,500 theaters.

    On the studio side, there was no stopping Universal's "The House with a Clock in Its Walls." The family friendly thriller based on the book of the same name and starring Jack Black and Cate Blanchett had no trouble winning the weekend box office with an estimated $26.8 million.

    Holdovers "A Simple Favor" and "The Nun" came in second ($10.4 million) and third place ($10.2 million), respectively.

    With one weekend left before the heavy hitters come back, look for all these titles to shift their releases accordingly for next weekend so they can collect every penny they can.

    SEE ALSO: After walking away from directing "It" following nearly 3 years of development, Cary Joji Fukunaga is in no rush to see the movie: "It's no longer mine"

    Join the conversation about this story »

    NOW WATCH: A top movie actor reveals how he learns different accents


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    Life Itself Amazon Studios

    • Amazon Studios gave "Life Itself" the widest release ever for one of its movies — and it backfired.
    • The movie played on over 2,600 screens but made only $2.1 million (a $807 per-screen average).
    • It is the worst performance this year by a movie released in over 2,500 theaters.

    Unlike Netflix, Amazon has played nice with movie theaters by respecting the exclusive window and releasing all its feature-length movies in theaters before launching them on its Prime streaming service.

    Whether through co-distribution deals on titles such as “The Big Sick” (Lionsgate), “The Lost City of Z” (Bleecker Street), and the Oscar-winning “Manchester by the Sea” (Roadside Attractions), or doing it solo with titles like “You Were Never Really Here” or Woody Allen’s “Wonder Wheel,” Amazon Studios has proved to the filmmakers that it works with that it respects the theatrical experience.

    But this weekend’s performance of its latest title, “Life Itself,” showed that Amazon is still trying to figure out the movie business.

    The latest directing effort from “This Is Us” creator Dan Fogelman is a multigenerational love story spanning decades and stars a large ensemble cast that includes Oscar Isaac, Olivia Wilde, and Antonio Banderas. But it suffered the worst opening weekend for any movie this year released on over 2,500 screens (it actually opened on 2,609) as it took in just $2.1 million domestically. That’s a horrific $807 per-screen average.

    The movie’s performance would've been downplayed if Amazon (which released “Life Itself” without a co-distributor) had continued its model of opening its movies in limited release. But it chose this to be its first ever to open in wide release. Amazon made that decision even though it didn't do a big marketing push for the movie, its major talent that general audiences would recognize didn’t do any press (like Isaac) or very limited (Wilde), and critics hated it. The movie has a 12% ranking on Rotten Tomatoes.

    "It really never had a chance, especially considering adult dramas need strong critical accolades to attract an audience these days,” Jeff Bock, senior box-office analyst at Exhibitor Relations, told Business Insider. “And why would audiences pay for something they get for free? Audiences love Fogelman's 'This Is Us,' but aren’t paying a dime for.”

    But BoxOfficeAnalyst.com’s Doug Stone said going wide was the only move Amazon had.

    “Following the critical reception, trying to build out a run from a limited start would have been near economic suicide,” Stone told Business Insider.

    With the crowded slate of films coming once the calendar hits October, which will be filled with award-season contenders at the art houses, and big blockbusters like “Venom” eating up multiplex screens, Stone said that Amazon’s only chance at making a buck was to go against form and open the movie wide from the start.

    The general plan with limited released films is to start with a small number of theaters in major markets and feed off the per-screen average to get the movie in more theaters in the coming weeks.

    But given the mixture of bad reviews for “Life Itself” matched with the much more enticing titles coming soon, it would have been extremely difficult to expand the release.

    “It may have been in Amazon’s best interest to strike the best deal with as many theaters as possible now rather than try to release a film that would likely fail on a roll-out basis,” Stone said.

    But don’t expect Amazon Studios to lick its wounds that long. By the end of October, it will be releasing two of the most anticipated movies of the fall: the Oscar-buzzing “Beautiful Boy” (October 12) starring Steve Carell and Timothée Chalamet, followed by Suspiria (October 26), a reboot of Dario Argento’s classic 1977 horror movie.

    SEE ALSO: Scrapping episodes, Emma Stone's hatred of her elf role, and Jonah Hill's questionable Icelandic accent: Cary Joji Fukunaga takes us inside the making of his Netflix series "Maniac"

    Join the conversation about this story »

    NOW WATCH: A top movie actor reveals how he learns different accents


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    a wrinkle in time disney

    It’s been a good year at the multiplex, as the box office is up over 8% from last year. But the year hasn't been without a few duds.

    A handful of titles couldn't find an audience in the US, ranging from the latest movie from the guys who made "Jackass" to a Disney release.

    Here are the seven worst box-office earners so far this year.

    Note: This selection is limited to titles that played on more than 2,000 screens for at least two weekends. Grosses are all domestic earnings from Box Office Mojo.

    SEE ALSO: Experts explain how the movie 'Life Itself,' from the creator of 'This Is Us,' became the biggest box-office flop of 2018

    7. "A Wrinkle in Time"— $100 million

    Reported budget: $103 million

    (Note: Production budgets are estimates and do not include expenses for marketing and release.)

    If you factor in the movie's foreign gross, the movie made back Disney's production budget, but the studio doesn't want to just break even on its movies. 



    6. "The Predator"— $40.4 million*

    Reported budget: $95 million

    *Movie is still playing in theaters.

    It's been out for only a few weeks, but its lousy reviews seem to be keeping the fans of the franchise far away.



    5. "Death Wish"— $34 million

    Reported budget: $30 million

    Bruce Willis finds here that if he's not named John McClane and holding a gun in a movie, audiences may just not care.



    See the rest of the story at Business Insider

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