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January 2, 2022

Behind the US/Worldwide Weekend Box Office 1.2.2022

 

HOLDOVERS:  Pandemic box office champion SPIDER-MAN: NO WAY HOME (Marvel/Columbia/Sony) had no trouble keeping its throne over New Year’s weekend, down 38% to $52.7M, with a running US total of $609.9M.  The January ahead is sparse on competition, so the film should top $700M, which will make it the #2 MCU title in the US (behind only Endgame‘s $858.4M), and would also put it at the #4 slot in US all-time (unadjusted for inflation), behind The Force Awakens, Endgame, and AvatarNo Way Home also has $759M overseas after a $78.3M weekend in 61 markets that don’t include China.

The only other holiday opening that can claim any level of success is SING 2 (Illumination/Universal), which dropped 12% to $19.6M in its 2nd weekend.  If it reaches $135M in the US, that will be 50% below the original Sing.  Overseas, it has $54.9M after a $17.2M weekend in 48 territories, with some major markets still to open (but no scheduled release in China).  The international total for the first Sing was $363.8M.

THE KING’S MAN (20th/Disney) lost 24% to $4.5M in its 2nd weekend, and might get to $30M in the US, far below its costs.  It also has $28.3M overseas after a $14.1M weekend in 22 territories.

AMERICAN UNDERDOG (Lionsgate) fell 31% to $4.1M in its 2nd weekend (that drop is steeper than it looks, because its opening was a 2-day weekend).  It could reach $25M in the US, and hasn’t opened overseas.

THE MATRIX RESURRECTIONS (Warners, also on HBO Max) collapsed by 68% to $3.8M in its 2nd weekend, and that can’t be put at the feet of its home availability, since the crash was worldwide, with a 52% overseas drop to $13.7M in 76 markets.  It probably won’t see $40M in the US, and overseas its total is currently $75.1M, with the one piece of good news an increasingly rare confirmed opening in China later this month.

WEST SIDE STORY (20th/Disney) dipped 26% to $2.1M in its 4th weekend, on its way to $35M in the US.  It has $23.2M overseas.

Parents who’d already brought the family to Spider-Man and Sing 2 apparently resorted to the 7th weekend of GHOSTBUSTERS: AFTERLIFE (Columbia/Sony), which actually climbed 17% to $1.4M, and might stretch to $130M in the US.  It remained quieter overseas with $61.3M to date.

LICORICE PIZZA (UA/MGM) dropped 35% to $1.2M in its 2nd wide weekend, and the studio has announced that it will be slowing any additional expansions until closer to the Oscar nominations in early February.  It’s had a negligible international run so far.

A JOURNAL FOR JORDAN (Columbia/Sony) fell 47% to $1.2M in Weekend 2, and probably won’t reach $10M in the US.  It hasn’t yet opened overseas.

ENCANTO (Disney, also on Disney+) was down 42% to $1.1M, and seems unlikely to hit $100M in the US.  It has $115M overseas.

LIMITED RELEASE:  JOCKEY (Sony Classics) opened with a $1K weekend per-theater average at 3 arthouses.  PARALLEL MOTHERS (Sony Classics) held well, down 21% to a $10.1K average at 3.

NEXT WEEKEND:  The first wide opening of 2022 will be the long-postponed action movie THE 355 (Universal).

 



About the Author

Mitch Salem
MITCH SALEM has worked on the business side of the entertainment industry for 20 years, as a senior business affairs executive and attorney for such companies as NBC, ABC, USA, Syfy, Bravo, and BermanBraun Productions, and before that, at the NY law firm of Weil, Gotshal & Manges. During all that, he has more or less constantly been going to the movies and watching TV, and writing about both since the 1980s. His film reviews also currently appear on screened.com and the-burg.com. In addition, he is co-writer of an episode of the television series "Felicity."