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June 11, 2023
 

Behind the US/Worldwide Weekend Box Office 6.11.2023

 

OPENINGS:  TRANSFORMERS: RISE OF THE BEASTS (Hasbro/Paramount) launched at the higher end of tracking expectations with $60.5M.  Beasts is a much bigger-budgeted effort than its immediate predecessor, 2018’s Bumblebee (which opened with $21.7M but had a 6x multiple thanks to word of mouth and the dynamics of the Christmas box office).  More impressively, Beasts outearned June 2017’s Last Knight, which started with $44.7M.  Last Knight finished at $130.2M in the US, so Beasts should do better than that, although it will face direct competition (and loss of many of its premium-ticket venues) in just a week when The Flash arrives.  The Transformers franchise overperforms internationally (79% of Last Knight‘s global total was earned overseas), and Beasts took in $110M in 68 territories, $40M of that from China.

HOLDOVERS:  SPIDER-MAN: ACROSS THE SPIDER-VERSE (Marvel/Sony Animation) dropped a reasonable 54% to $55.4M from last week’s opening.  That’s consistent with the 53% Weekend 2 drop for Into the Spider-Verse, and above-average compared to the live-action superhero norm.  With a total to date of $225.4M, Across has already outgrossed the entire $190.2M domestic run of Into, and could get to $350M+ in the US.  Overseas, Across has $164.5M after a $47M weekend, and by next weekend it should easily pass Into‘s $185.3M international total.

In the US, THE LITTLE MERMAID (Disney) continued to closely track Aladdin‘s box office, down 45% to $22.3M and with a $228.8M US total after 3 weekends (Aladdin dropped 42% to $24.7M in Weekend 3 for a $232.6M total).  The challenge begins next week, when Aladdin went on an 8-weekend streak where it didn’t drop more than 34% in any weekend.  If Little Mermaid isn’t as steady, it could be the difference between a $300M US total and Aladdin‘s $355.6M.  Internationally, there’s no comparison:  Mermaid has $185.4M after a $30M weekend in 52 territories, with no chance of approaching Aladdin‘s $695.1M.

GUARDIANS OF THE GALAXY VOL 3 (Marvel/Disney) lost 34% to $7M in its 6th weekend, still on track for a $355M US total, midway between the previous 2 installments.  It has $470.5M overseas after a $6.7M weekend in 52 markets, and should narrowly beat its predecessors.

THE BOOGEYMAN (20th/Disney) had a strong hold for the horror genre, down 44% to $6.9M from last week’s premiere, and on track for $45M in the US.  However, it’s lower internationally with $14.9M after a $4.2M weekend in 50 territories, and with a relatively high budget for the genre, it may not get past breakeven.

FAST X (Universal) declined 46% to $5.2M in its 4th weekend, on its way to $155M in the US, which would be down 10% from F9.  But 79% of its worldwide total comes from overseas, where it has $514.7M after a $20.6M weekend in 84 markets, and it may squeeze past F9‘s $553.2M international total.

THE SUPER MARIO BROS MOVIE (Illumination/Universal also on VOD) dipped 37% to $2.1M in its 10th weekend, headed toward $575M in the US.  The enormous overseas total is $744.7M after a $5.8M weekend in 81 territories.

LIMITED RELEASE:  PAST LIVES (A24) expanded nicely to 26 theaters with a $20K weekend per-theater average, not too far below the $28.4K average Everything Everywhere All At Once had in its 2nd weekend at 38.  MENDING THE LINE (Blue Fox) opened at 403 with a $600 average.  THE ANGRY BLACK GIRL AND HER MONSTER (RLJE) had a $900 average at 56.  IT AIN’T OVER (Sony) widened to 61 with a $600 average.

NEXT WEEKEND:  An unusually busy stretch, with a trio of wide releases:  THE FLASH (DC/Warners), ELEMENTAL (Pixar/Disney) and THE BLACKENING (Lionsgate).  In addition, Wes Anderson’s ASTEROID CITY (Focus/Universal) starts a brief platform run before going wide the following weekend.



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."