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December 12, 2011
 

WEEKEND STUDIO ESTIMATES December 9-11

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Written by: Mitch Metcalf
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>Based on Friday and Saturday box office (and estimated Sunday numbers), the box office slump continues.  Only $70 million in volume for the top 12 films, down from the $82-87 million range the last three years for the comparable weekend.  The #1 movie, New Year’s Eve, collected less than $14 million in its opening weekend, and the other opener, The Sitter, was the only other film to hit $10 million.  Neither film will be a factor in coming weeks, as their estimated domestic totals are in the $25-31 million range.

The ShowbuzzDaily Domestic Final estimates now show that the films opening this weekend are headed for: New Year’s Eve ($31 million) and The Sitter ($25 million). 

The third weekend movies are now headed for: The Muppets ($81 million), Hugo ($50 million), Arthur Christmas ($49 million) and The Descendants ($35 million). 

The Twilight Saga: Breaking Dawn Part 1 has locked in at $270 million — also see complete Twilight film track below), while Happy Feet Two is closing in on $67 million.




December 9-11, 2011                  Wknd     vs     Showbuzz
(millions)                         Studio   Last    Domestic
                                    Proj.   Wknd     Final* 

New Year’s Eve          (WB/NL)     $13.7             $ 31
The Sitter                (Fox)     $10.0             $ 25
Twilight Breaking Dawn 1  (Sum)     $ 7.9   -52%      $270
The Muppets               (Dis)     $ 7.1   -36%      $ 81-
Arthur Christmas         (Sony)     $ 6.6   -11%      $ 49
Hugo                      (Par)     $ 6.1   -19%      $ 50
The Descendants           (Fox)     $ 4.8   + 1%      $ 35
Happy Feet Two             (WB)     $ 3.7   -37%      $ 67 
Jack and Jill            (Sony)     $ 3.2   -40%      $ 74
Immortals                 (Rel)     $ 2.4   -45%      $ 84
Tower Heist               (Uni)     $ 2.4   -39%      $ 83
Puss in Boots          (DW/Par)     $ 1.6   -46%      $144 

Note: The table above summarizes the weekend as of Sunday.  The first column (on which the table is sorted) displays the “studio projection” for each film, based on the Friday and Saturday actual numbers (and a studio-supplied estimate of Sunday).  The second column is the percent decline from the prior weekend.  The final column is a preliminary estimate of the ShowbuzzDaily Domestic Total Gross for the film’s complete run in North America.  A “++” indicates the Domestic number has been upgraded; a “–” indicates a downgrade.  

Twilight Saga Film Track            Opening   Domestic  Overseas
                                    Weekend    Total     Total

Twilight                11.21.2008   $ 69.6    $192.8    $199.8

Twilight New Moon       11.20.2009   $142.8    $296.6    $413.2

Twilight Eclipse         6.30.2010   $ 64.8    $300.5    $397.9

Total Box Office Volume 

The Top 12 Films this weekend are looking like a soft $70 million total Friday-Sunday, down 17% from the same calendar weekend last year.  Only the weekend of September 9-11 this year was lower ($65 million).         

Top 12 Films: Weekend #49

     Volume    Movies Opening Each Weekend (millions)
2011  $ 70  New Year’s Eve $13.7, The Sitter $10

2010  $ 84  Chronicles of Narnia Voyage Dawn $24, Tourist $16.5
2009  $ 87  Princess and the Frog $24, Invictus $8.6
2008  $ 82  Day Earth Stood Still $30.5, Nothing Like Holidays $3
2007  $152  I Am Legend $77, Alvin & Chipmunks $44
2007-10
Avg   $101  

Next Weekend 

Next weekend, Alvin and the Chipmunks Chipwrecked, Mission Impossible Ghost Protocol and Sherlock Holmes: A Game of Shadows open.  These films will be compared to TRON: Legacy ($44 million opening weekend), Yogi Bear ($16.4 million), The Fighter ($12 million), Black Swan ($8.4 million)  and How Do You You Know ($7.5 million) from the comparable weekend in 2010.

  International numbers are available here, and later today we will have official numbers for the Friday-Sunday domestic grosses.



About the Author

Mitch Metcalf
MITCH METCALF has been tracking every US film release of over 500 screens (over 2300 movies and counting) since the storied weekend of May 20, 1994, when Maverick and Beverly Hills Cop 3 inspired countless aficionados to devote their lives to the art of cinema. Prior to that, he studied Politics and Economics at Princeton in order to prepare for his dream of working in television. He has been Head of West Coast Research at ABC, then moved to NBC in 2000 and became Head of Scheduling for 11 years.