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July 14, 2024
 

Behind the US/Worldwide Weekend Box Office – 7.14.2024

 

OPENINGS:  LONGLEGS (Neon) captured the zeitgeist, successfully delivering the marketing message that it was the scariest horror movie in recent memory.  The result was  a$22.6M weekend, which set a new Neon record by a wide margin, and also marked the year’s highest non-franchise start for the genre.  Production and marketing costs for Longlegs reportedly totaled just $20M, so it’s primed for substantial profit.  The film hasn’t yet opened overseas.

If Longlegs set a new milestone for Neon, FLY ME TO THE MOON (Apple/Columbia/Sony) continued Apple’s streak of expensive box office failures, with a $10M opening that didn’t even meet low expectations (and that studio estimate assumes an extremely strong Sunday hold).  The international result was similar with $9M in 52 markets.  With estimated production/marketing costs of $150M+, there’s virtually no chance of avoiding heavy losses, and although Apple has several more high-profile theatrical releases to come (including F1, which reportedly has a production budget in the neighborhood of $300M), one has to wonder how long even such a gigantic company will continue to bear these kinds of losses as promotion for its streaming division.

TWISTERS (Warners/Universal) began its international launch in advance of next week’s US opening, with $11.5M in 38 territories.

The Indian-language INDIAN 2 (FDN) earned a very front-loaded $2M in 525 theaters (roughly 2/3 of the total came from Friday).

HOLDOVERS:  DESPICABLE ME 4 (Illumination/Universal) held very well, down 41% to $44.7M.  By comparison, Despicable 2, which also opened on a Wednesday July 3, dropped 48% in its 2nd weekend, and the new entry should finish in hailing distance of that chapter’s $368.1M.  Overseas, Despicable 4 has $226.7M after an $88M weekend in 78 markets and may have a tougher time matching Despicable 2‘s $602.7M, let alone the franchise-high $823.4M for Minions.

INSIDE OUT 2 (Pixar/Disney) showed no sign of tiring, down 32% to $20.7M in its 5th weekend and on its way to becoming the highest-grossing animated film in US history once it passes The Incredibles 2‘s $608.6M, now just $36M away.  The overseas total is $777.5M after a $50.2M weekend in 47 territories, and probably won’t reach the CG Lion King‘s $1.12B.

A QUIET PLACE: DAY ONE (Paramount) lost 43% to $11.8M in its 3rd weekend, and should end up near Quiet Place 2‘s $160.1M.  It also has $104.5M overseas.

BAD BOYS: RIDE OR DIE (Columbia/Sony) dipped 34% to $4.4M in its 6th weekend, and may not get to $200M in the US, although it will still be very close to the $206.3M total for Bad Boys For Life.  The international total is $193.1M.

The failure of HORIZON: AN AMERICAN SAGA – CHAPTER 1 (Territory/New Line/Warners) was more or less acknowledged with last week’s announcement that Chapter 2 has been yanked from its scheduled August opening, with no new date scheduled.  The hope is that VOD/streaming will juice up some enthusiasm for the follow-up.  As to Chapter 1, it fell 55% to $2.4M in its 3rd weekend, and may not get past $35M in the US.  Overseas, it’s managed a mere $2.5M thus far.

MAXXXINE (A24) plunged 61% to $2.1M, and may not reach $20M in the US.  It has $2.9M internationally.

SOUND OF HOPE: THE STORY OF POSSUM TROT (Angel) sank 57% to $1.3M, and may finish under $15M in the US.  (That compares to $184.2M for the studio’s Sound of Freedom.)  It hasn’t opened overseas.

LIMITED RELEASE:  SING SING (A24) had a sturdy $34.3K weekend per-theater average at 4 in NY/LA.  TOUCH (Focus/Universal) averaged $1500 at 316.  NATIONAL ANTHEM (LD) had a $10.6K average at 4.  DANDELION (IFC) averaged a dreadful $150 at 446, matched by  ROBOT DREAMS (Neon), which expanded to 300 with a $150 average.

NEXT WEEKEND:  Twisters isn’t facing any wide-release challengers.  Limited releases include THE WIDOW CLICQUOT (Vertical).

 



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."