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November 24, 2024

Behind the US/Worldwide Weekend Box Office – 11.24.2024

 

OPENINGS:  The $114M launch of WICKED (Universal) (which included “fan event” screenings throughout the previous week) set a new high for Broadway musical adaptations, and indeed for live-action musicals in general, while still being slightly behind sky-high expectations.  For those doing the 2023 vs 2024 comparison, it was also about 30% under the opening of Barbie.  The Wicked source material is far less well-known overseas, where the film started with $50.2M in 61 markets.  Although a fair amount of family competition will be coming its way, starting with next week’s Moana 2, Wicked should hold a substantial audience through the holidays, and with a relatively reasonable $150M production cost (albeit supported by marketing reportedly at $150M as well), Wicked should find profit and set the stage for Wicked 2 a year from now.

While Wicked will earn the lion’s share of its revenue in the US, the reverse is true of GLADIATOR 2 (Paramount), which had a moderate $55.5M domestic start, 33% below Oppenheimer.  It’s far stronger overseas, where it has $165.5M after a $50.5M weekend in 67 territories.  Gladiator 2 will need every penny of that, as production/marketing costs were reportedly in the neighborhood of $400M, meaning that even worldwide box office at $500M+ may not put it into profit.

Far from the box office fireworks of its fellow newcomers, BONHOEFFER:  PASTOR. SPY. ASSASSIN (Angel) opened with $5.1M.  That number was enormously frontloaded, with a 48% Friday-to-Saturday drop (the Christian studio is estimating a much smaller Sunday decline).  By comparison, despite all its pre-Thursday screenings, Wicked only had a 23% Saturday drop.  Bonhoeffer hasn’t opened overseas.

HOLDOVERS:  RED ONE (MGM/Amazon) lost all its premium screens to the new blockbusters, and fell 59% to $13.3M.  Even with a Thanksgiving boost, it may not reach $100M in the US.  The international total is $64.2M.

VENOM: THE LAST DANCE (Marvel/Columbia/Sony) dropped 45% to $4M in its 5th weekend, and seems likely to end up south of $150M in the US.  It has a more robust $322.6M overseas.

THE BEST CHRISTMAS PAGEANT EVER (Lionsgate) dipped 33% to $3.5M in its 3rd weekend, on its way to $35M in the US.  It’s had negligible international release thus far.

HERETIC (A24) lost half its theaters and cratered by 55% to $2.2M in its 3rd weekend, perhaps able to reach $30M in the US.  The overseas total is $7.1M.

THE WILD ROBOT (DreamWorks Animation/Universal, also on VOD) lost 53% to $2M in its 9th weekend, and may have to stretch to see $150M in the US.  It also has $176.7M internationally.

SMILE 2 (Paramount, also on VOD) lost 60% of its theaters and fell 62% to $1.1M in its 6th weekend, en route to $70M in the US.  It has a very similar $68.1M overseas.

A REAL PAIN (Touchstone/Disney) took a 50% hit to $1.1M in its 2nd wide weekend, and will likely need some awards attention to achieve $10M in the US.  It has $700K in early international release.

Without almost 60% of last week’s theater count, CONCLAVE (Focus/Universal) plunged 61% to $1.1M in its 5th weekend.  Nevertheless, it should pass $30M in the US, a healthy result for an adult drama.  The international total is $2.3M to date.

LIMITED RELEASE:  ALL WE IMAGINE AS LIGHT (Sideshow) expanded to 19 theaters with a $3400 weekend average.  FLOW (Janus) averaged $25.4K at 2.

NEXT WEEKEND:  The addition of MOANA 2 (Disney) to the Wicked/Gladiator 2 brew is anticipated to bring the US box office to potentially historic Thanksgiving levels.  Limited releases include awards hopefuls QUEER (A24) and THE SEED OF THE SACRED FIG (Neon).

 

 

 



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."