Weekend Box Office July 14-16

Another summer weekend, another big summer release as this weekend we saw the release of War for the Planet of the Apes, the third film in the rebooted franchise directed by Mathew Reeves.  Would it be enough to bump last weekend’s champ, Spider-Man: Homecoming from the top spot after its huge opening weekend?  Well, as it turns out, yes!

20th Century Fox’s Apes reboot has been a very successful and profitable endeavour, bringing in over $1.2 billion to date worldwide.  Remarkable numbers from a series that has relied heavily on storytelling and visual effects rather than star power and bang and flash.  The third in the trilogy and presumably the last from direct Matt Reeves, before he moves on to The Batman opened to around expectations bringing in $56.5 million over the three days, more than good enough for first place.

That opening is second best in the series behind Dawn of the Planet of the Apes which opened to $72 million in 2014 but did manage to match the previous films CinemaScore with a strong A- and a 94% on Rotten Tomatoes.  Going forward we’ll see if the film has legs or not but reception has been strong and it should fare very well overseas which has made up 70% of the previous films gross.

Following last weekends triumph, the Sony/MCU joint venture Spider-Man: Homecoming fell 61%, which is typical for a superhero film and managed $45.2 million this weekend.  All told, it is now over $200 million domestically and is nearing $350 million worldwide with big markets still to open in China and Japan.  Based on those indications, look for the 2.5x multiplier to take effect and Spider-Man: Homecoming to end up just north of $300 million in North America.

In third place was Universal’s Despicable Me 3 which brought in roughly $19 million as its North American cume is now just shy of $188 million. Internationally the animated feature crossed the $400 million mark with a worldwide total of $619 million which still puts well back of the second highest finisher Despicable Me 2, which totaled $970 million.

Fourth and fifth went to Baby Driver and The Big Sick respectively.  The Edgar Wright car heist flick dropped only 33% and managed $6.75 million in its third week of release and is now over $70 million domestically and is only $4 million shy of $100 million worldwide.  The buzziest movie continues to be Amazon’s The Big Sick starring Kumail Nanjiani, which added more theatres this weekend (2,597 total) and made $7.6 million, totaling $16 million.  Whether it continues upward in wide release is another story as the word of mouth is strong in limited release but doesn’t necessarily translate across the slate.

Wonder Woman finally fell out of the top five in it’s seventh week of release adding another $6.9 million this weekend for a total of just over $380 million domestically.  It should pass Guardians of the Galaxy Vol. 2 ($386.5m) by next weekend placing it behind only Beauty and the Beast ($504m) for top grossers this year in North America.  It’s worldwide total is now $765 million and has still yet to open in Japan at the end August.

With Christopher Nolan’s Dunkirk and Luc Besson’s sci-fi Valerian opening very wide next weekend the previous weeks winners, Apes and Spider-Man should see a significant drop as they all will be vying for the same demographic.  Also, the R-rated comedy Girls Trip is opening wide (2,500) and the buddy road trip film is getting great reviews so it should fare well for those tiring of the big budget action flicks of the summer.

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Author: gizmorubiks

I don't want to sell anything, buy anything, or process anything as a career. I don't want to sell anything bought or processed, or buy anything sold or processed, or process anything sold, bought, or processed, or repair anything sold, bought, or processed. You know, as a career, I don't want to do that.

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