Pages

Sunday, August 10, 2014

Box Office Update: Turtle Power Rules; Sequel Announced

 Despite horrible reviews--the big screen return of "Teenage Mutant Ninja Turtles" easily took down James Gunn's great film adaptation of Marvel's "Guardians of the Galaxy" (My Review) to take over the top spot.



Warner Bros. and New Line Cinema's found-footage natural disaster thriller "Into the Storm" took 3rd place. (More on that later). Summit Entertainment/Lionsgate sturdy dance film series took a hit with Step Up All In.



Pamela McClintock of THR:

Launching a new film franchise, Paramount and Nickelodeon Movies' Teenage Mutant Ninja Turtles wowed in its North American debut with $65 million, becoming the second August tentpole after Guardians of the Galaxy to wildly overperform. Worldwide, the movie opened to $97.3 million, prompting Paramount chief Brad Grey and producer Michael Bay to immediately announce a sequel, set for release June 3, 2016.

TMNT is a needed win for Paramount, which makes fewer movies than other studios. It also exploits parent company Viacom's various divisions.

The family friendly film, earning a B CinemaScore, easily bested Guardians to claim the No. 1 spot domestically. Guardians certainly held its own, however, falling a respectable 56 percent in its second weekend to $41.5 million for a domestic total of $175.9 million. Globally, the Marvel Studios and Disney tentpole raced past the $300 million mark after earning another $40.1 million for a foreign total of $137.3 million and world haul of $313.2 million.

In North America, Guardians and TMNT are helping to shore up the otherwise troubled summer box office, where revenue was down a steep 20 percent two weeks ago. Revenue is now down by 17 percent or less.

Guardians placed No. 2 domestically, followed by new entires Into the Storm and adult dramedy The Hundred-Foot Journey, which opened to $18 million and $11.1 million, respectively. The weekend's fourth new nationwide film, Step Up All In, opened to $6.6 million, a franchise low. The dance film is making up ground overseas, where it has earned $37.7 million for a worldwide total of $44.2 million.

Heading into the weekend, the $125 million TMNT was expected to debut in the $50 million to $55 million range, and its better-than-expected performance underscores the pent-up appetite for family fare, even though it is rated PG-13. Bay's Platinum Dunes shepherded TMNT for Paramount and Nickelodeon. (There's already a new television series.)

Males fueled the film (61 percent), while 45 percent of Friday's audience was under the age of 25.

Directed by Jonathan Liebesman, TMNT stars Megan Fox, Will Arnett, William Fichtner, Danny Woodburn, Abby Elliott, Noel Fisher, Jeremy Howard, Pete Ploszek, Alan Ritchson and Minae Noji. It's based on the characters created by Peter Laird and Kevin Eastman.

In the film, four outcast brothers rise from the sewer and discovery their destiny as Teenage Mutant Ninja Turtles while working with a fearless reporter (Fox) to save New York City from Shredder and his evil Foot Clan.

To know moviegoers are embracing the Turtles with such enthusiasm is everything that we and all our filmmakers have been hoping for. Along with our partners Michael Bay and Platinum Dunes, and of course Cyma Zarghami and everyone at Nickelodeon, we are thrilled with this weekend’s result, the enduring power of this franchise, and the opportunity to make another one," Grey said in a statement.

Paramount Film Group president Adam Goodman added, “Launching a new take on the turtles into the feature film world was a daunting task because as fans of them ourselves, we felt a great responsibility to ensure audiences were going to experience everything they loved about the turtles, while also getting to see them brought to life in a way they had never been seen before."

New Line and Warner Bros.' tornado disaster film Into the Storm, earning a B CinemaScore, opened to less than half of Twister's $41.2 million debut nearly 20 years ago, not accounting for inflation. (That film was also from Warner Bros.) Lacking any big stars but boasting plenty of tornadoes, Into the Storm cost under $50 million to make.

Into the Storm played heavily to males (58 percent), while a full 71 percent of the audience was over the age of 25. Steven Quale directed the found-footage movie

Going after adults was DreamWorks and Participant Media's dramedy The Hundred-Foot Journey, about dueling French and Indian chefs in a small French town.

The $22 million film, directed by Lasse Hallstrom and based on the book by Richard C. Morais, has plenty of pedigree behind the camera in producers Oprah Winfrey and Steven Spielberg, while star Helen Mirren is a big draw for older moviegoers. Middling reviews likely muted the film's showing, although it did boast an A CinemaScore. More than 40 percent of the audience was over the age of 50.

From Summit Entertainment, Step Up All In is the fifth installment in the dance franchise. Trish Sie directed the movie, which stars Ryan Guzman, Briana Evigan, Stephen "tWitch" Boss, Misha Gabriel, Izabella Miko, Alyson Stoner and Adam Sevani. Step Up All In received a B+ CinemaScore, with females making up 59 percent of the audience.

At the specialty box office, CBS Films' romantic comedy What if, starring Daniel Radcliffe and Zoe Kazan, launched in 20 theaters in 10 top markets, grossing $130,000 for a location average of $6,500, on par with Promised Land and just behind The Young Victoria in terms of location average.

What If earned an A- CinemaScore, and will continue to expand next weekend.


I saw "Storm" over the weekend and The Purge: Anarchy last week. I plan to combine both reviews into one post to be published this week--Watch for it...

 Next Up: As the end of Summer draws near--things kick off on Wednesday this week with the arrival of the action comedy Let's Be Cops.

The story centers on two friends (Damon Wayans Jr., Jake Johnson) who impersonate police officers using rented uniforms, giving their lives a boost and some fun. However, they run into trouble when they cross a dangerous Russian mobster.

The action heats up on Friday with "The Expendables 3. Sylvester Stallone Jason Statham, Harrison Ford Mel Gibson, Dolph Lundgren, Wesley Snipes, Jet Li, Randy Couture, Antonio Banderas, Ronda Rousey,Terry Crews, Arnold Schwarzenegger, Victor Ortiz, Kellan Lutz Glen Powell and Kelsey Grammer star in the sequel.

After years in development, the film adaptation of The Giver is here...Based on author Lois Lowry's celebrated 1993 children's book, the introspective fantasy take is set in a colorless dystopian society in which all memory of human history has been erased, emotion does not exist and citizens' professions are chosen for them. A 12-year-old boy is assigned to serve as the Receiver of Memories (i.e. the next Giver) and discovers that all is not as it seems.

In the film adaptation Aussie actor Brenton Thwaites ("Maleficent," "Blue Lagoon: The Awakening") is Jonas in the aged up role who is selected as the next Receiver of Memory—responsible for the collective consciousness from before the Sameness. He receives these memories from The Giver Jeff Bridges).
  
and finally get to ask What If?...as rom-com goes wide.

No comments:

Post a Comment