Articles

December 29, 2012
 

Holiday Movie Season: Dec 28 Update — Settling Into a Familiar Pattern

More articles by »
Written by: Mitch Metcalf
Tags: , , , , , , ,

Friday’s $52.1 million for the top 10 films is very close to the pace for the same day in 2007 (when December 28 was also a Friday).

In fact, over the past three days, 2012 is performing almost identically to 2007.  The big differences between the two years are last weekend (December 21-23), which was pretty much a disaster, and a strong Christmas Day.   In fact, this year’s December 25 made it seem possible that 2012 could make up some lost ground, but now it is clear that the day was an aberration.

Thirteen days into the three-week holiday movie season, 2012 is now 6.2% behind the average for the same period over the last several years ($414 million this year versus $442 million on average 2004-2011) and 11.0% behind 2007’s $465 million over this period.

Holiday Season — First 13 Days
Top 10 Films by Day — $ millions
2012 2007 2004-2011 average
Dec 16 31.5 37.8 22.1
Dec 17 11.9 12.8 27.2
Dec 18 13.2 11.9 28.0
Dec 19 11.9 11.9 23.3
Dec 20 12.8 13.1 21.0
Dec 21 27.8 50.1 25.4
Dec 22 37.3 53.3 30.1
Dec 23 32.0 44.9 35.6
Dec 24 17.8 22.6 20.5
Dec 25 68.1 57.4 56.6
Dec 26 51.9 50.4 59.3
Dec 27 45.8 45.6 48.5
Dec 28 52.1 53.5  44.2
Dec 16-28 414 465 442

 

In addition to the 2007 comparison, the other important yardstick for yesterday are other years when December 28 fell on a weekend.  Again, a very typical day yesterday.

December 28: Top 10 Films ($ millions)
Dec 28 on Weekdays Dec 28 on Weekends
Top10 #1 film Top10 #1 film
2011 Wed 41.6 Mission Impossible 4 2012 Fri 52.1 The Hobbit
2010 Tue 41.6 Little Fockers 2008 Sun 46.0 Marley & Me
2009 Mon 58.3 Avatar 2007 Fri 53.5 Natl Treasure Book of
2006 Thu 40.0 Night at the Museum 2003 Sun 45.1 Return of the King
2005 Wed 37.9 Chronicles of Narnia 2002 Sat 54.0 Two Towers
2004 Tue 34.8 Meet the Fockers

 

The rest of the holiday season should track fairly closely to 2007 and to similar years (comparing December 29-30 and January 4-5 to to other years with those days on weekends, and comparing December 31-January 3 to years when those days fell on weekdays).  Any under-performance in 2012 versus these comparisons can be blamed on Les Miserables, which is rapidly losing steam after first appearing as a potential superstar of the season.  If our forecast for December 29-January 5 holds, the holiday season will end with about $704 million — actually very close to last year’s $706 million and only somewhat below the average $717 million over the last decade.  Not a disaster but somewhat underwhelming.

Holiday Season — The Rest of the Way
Top 10 Films by Day — $ millions
2012 2007 Similar Day average 2004-2011
Dec 29 Sat 56.4 52.4
Dec 30 Sun 48.0 48.6
Dec 31 Mon 33.9 38.0
Jan 1 Tue 41.2 44.1
Jan 2 Wed 22.1 29.5
Jan 3 Thu 19.2 15.0
Jan 4 Fri 37.0 32.3
Jan 5 Sat 47.9 39.2
Dec 29-Jan 5 est-290 306 299
* The Similar Day average contains years with only weekdays or only weekends for each day, depending on 2012’s calendar.  For example, Dec 29’s average contains only 2006 and 2007 (when that day also fell on a weekend).

 



About the Author

Mitch Metcalf
MITCH METCALF has been tracking every US film release of over 500 screens (over 2300 movies and counting) since the storied weekend of May 20, 1994, when Maverick and Beverly Hills Cop 3 inspired countless aficionados to devote their lives to the art of cinema. Prior to that, he studied Politics and Economics at Princeton in order to prepare for his dream of working in television. He has been Head of West Coast Research at ABC, then moved to NBC in 2000 and became Head of Scheduling for 11 years.