Articles

April 4, 2015
 

EARLY FRIDAY BOX OFFICE: “Furious 7″” Off To the Races With Giant Opening Day

Everyone knew that FURIOUS 7 (MRC/Universal) was going to have an enormous weekend, but the franchise is toppling even the most optimistic forecasts.  According to preliminary numbers at Deadline, opening day (which includes $15.8M from Thursday night shows) could reach $68M, an amazing 75% increase over the first day of Fast & Furious 6, which earned $38.7M just 2 years ago.  That rate isn’t likely to be sustained all weekend, especially since Easter Sunday is traditionally a rather weak day for moviegoing (except for religious-themed titles), but a $145M weekend is probable, and $150M wouldn’t be a surprise.  That would give Furious 7 the 9th biggest opening in US history, and internationally the blockbuster already had $60M just from partial openings on Wednesday and Thursday.  Despite a production/marketing budget of $325M+, the profit here will be too high even for studio accountants to hide, with the new movie on a pace to easily beat Fast & Furious 6‘s $788.7M worldwide total (70% of which came from outside the US), and possibly getting close to a 10-figure result.

There were no other wide openings this weekend, since no studio wanted to run into the Furious 7 buzzsaw.  Last week’s #1 movie HOME (DreamWorks Animation/20th), appealing to a different audience, held extremely well, down just 25% from last Friday to $11.7M, with a $35M weekend ahead that would put it over $100M in the US.

GET HARD (RatPack Dune/Warners), however, was aimed at exactly the same young male audience as Furious 7, and that didn’t made for much sticking power at the box office.  Friday’s take was $4.7M, down 64% from last week’s opening day, and with a low Sunday ahead, it may only find $13M for the weekend, bringing it to $57M.  It’s still on pace for $75M+ in the US, which is a fair result for a moderately-budgeted comedy, but it would be far from the top echelon of Will Ferrell or Kevin Hart’s hits.

Both INSURGENT (Summit/Lionsgate) and CINDERELLA (Disney) were headed for $4M on Friday and $10M weekends, but that result had different meanings for the pair.  Insurgent was down 42% from last Friday, which is better than Divergent‘s 49% drop on its 3rd Friday, but still puts Divergent on a path to a $130M US total.  Cinderella, though, barely budged, down less than 20% from last Friday and with a $200M US total in its grasp.

At some point, will the media acknowledge that IT FOLLOWS (Radius/Weinstein) isn’t really a “cult phenomenon,” as the studio is insisting?  Widening again by 35% to 1655 theatres, It Follows fell like an ordinary horror movie, down 35% from last Friday’s total, and heading for a mediocre $2M weekend.  It’s unlikely even to reach a $20M total.

WOMAN IN GOLD (Weinstein) counterprogrammed Furious 7 by going after older audiences with a limited opening in 258 theatres, which could give it a fair $2M weekend.

DO YOU BELIEVE? (Pure Flix) had an unexceptional Friday, down about 20% to $560K, but it could jump on Sunday as the only Christian-themed film in the market.

 



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."