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March 24, 2024
 

Behind the US/Worldwide Weekend Box Office – 3.24.2024

 

OPENINGS:  GHOSTBUSTERS: FROZEN EMPIRE (Columbia/Sony) played as a family movie, with a Saturday afternoon bump, and that enabled it to match projections at $45.2M, slightly higher than the $44M start for 2021’s Ghostbusters: Afterlife.  However, Frozen Empire cost $25M more than Afterlife, so a 3% increase at the box office may not cover the extra expenses.  Ghostbusters is one of the few franchises to earn most of its revenue in the US (63% for Afterlife), and it launched overseas with a quiet $16.4M in 25 markets.

Despite the presence of Sydney Sweeney and surprisingly strong reviews (72% on Rotten Tomatoes), IMMACULATE (Black Bear/Neon) wasn’t able to beat blah expectations with $5.4M.  Costs were low, so financier Black Bear (Neon was a distributor for hire) may be able to eke out a profit.  It hasn’t yet opened internationally.

LATE NIGHT WITH THE DEVIL (IFC) was below Immaculate‘s total with $2.8M, but it was in less than half as many theaters, so its weekend per-theater average was actually higher ($2700 vs $2300), with costs that likely make Immaculate‘s look like Avatar.  It was US-only.

HOLDOVERS:  The loss of many of its premium screens to Frozen Empire didn’t hurt DUNE: PART TWO (Legendary/Warners) unduly, down 38% to $17.6M in its 4th weekend, and still on its way to $275M in the US.  The overseas total to date is $341M.

KUNG FU PANDA 4 (DreamWorks Animation/Universal) likely ceded some of its audience to Frozen Empire, down 44% to $16.8M in its 3rd weekend and headed for $175M in the US.  It has $134.9M overseas.

ARTHUR THE KING (Lionsgate) dropped 43% to $4.4M, and might squeeze its way to $30M in the US, far below Dog‘s $61.8M.  It still hasn’t had any meaningful international release.

IMAGINARY (Blumhouse/Lionsgate) fell 50% to $2.8M in its 3rd weekend, on its way to $30M in the US.  It has $6.6M overseas.

LOVE LIES BLEEDING (A24) increased its theater count by about 35%, which cushioned its drop to 37% at $1.6M (the per theater average was down 53%).  It doesn’t have much room to expand further, so its US ceiling may be $10M.  It’s barely been released internationally thus far.

CABRINI (Angel) lost 49% to $1.4M in its 3rd weekend, and should pass $20M in the US.  It’s had little overseas exposure.

BOB MARLEY: ONE LOVE (Paramount) was down 52% to $1.1M in Weekend 6, and may not reach the $100M milestone in the US.  It’s slower internationally with $78.1M.

ONE LIFE (Bleecker Street) was down 41% to $1M, and won’t get much past $5M in the US.  However, it’s shown much more strength overseas with $24.8M.

LIMITED RELEASE:  EXHUMA (Well GO USA) widened to 67 theaters with a $7K per-theater weekend average.  PROBLEMISTA (A24) expanded to 237 and averaged $1900.  The documentary CAROL DODA TOPLESS AT THE CONDOR (Picturehouse) averaged $11K at 4.  REMEMBERING GENE WILDER (Kino Lorber) had a $2500 average at 7.

NEXT WEEKEND:  The event release is GODZILLA X KONG: THE NEW EMPIRE (Legendary/Warners), with indie counterprogramming from ASPHALT CITY (Roadside), IN THE LAND OF SAINTS AND SINNERS (Goldwyn), LA CHIMERA (Neon), and DOGMAN (Briarcliff).



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."