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Sunday AM Writethru: following Saturday publication, chart refresh and updated analysis. There’s a lot of good news to come at the box office, but we’re not quite there yet.
The # 1 box office market, Los Angeles (over $ 900 million in 2019), won’t really start to wake up until next weekend. Then the industry’s only headache is waiting for capacity restrictions to increase well beyond the current 25%, which NYC and Los Angeles are currently capped.
Of the 5.8K theaters in the US and Canada, only 51% are currently open this weekend; this despite the fact that Disney claims that 80% of the domestic market is able to function in terms of total gross capacity. New York’s DMA, including the five New York boroughs that recently reopened last weekend, is only 44% open. But there are regions of Canada that are alive, that is, Quebec at 73%, Saskatchewan at 55% and the Yukon, the Northwest Territories, and Nunavut at 100%. The province of Toronto, Ontario, is only 20% open.
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While the soundtrack is still under repair, Disney’s second weekend Raya and the last dragon, which is also available on Disney + for an additional $ 30 to subscribers, leads this weekend with $ 1.5M Friday, $ 2.6M Saturday, and an expected $ 1.4M today for a second total weekend of $ 5.5M, -35% on 2,163 sites (+118) and 10 days gross of $ 15.8M. Friday was 42%. Nancy will have more, but Raya won $ 11.5m in his second weekend away for a combined WW of $ 17m, bringing his world total to $ 52.6M.
While we were very nervous about this new day-and-date Disney + theatrical model, those familiar with Disney’s distribution maneuvers think it was just an experience. He’s not likely to turn the whole future of theatrical release upside down, and day-to-date streaming releases aren’t part of their long-term plans for Burbank, Calif., To put their money on their slate. Word is, Disney has heard the message loud and clear from exhibitors like Cinemark, Harkins and others who have refused to play. Raya, and clearly the film suffers from the absence of these strings in its box office equation. The biggest ouch here for Raya? Not having the Cineplex of Canada.
Meanwhile, the New York DMA continued to be the No. 1 box office market in the country during its second New York theaters reopening weekend. While Friday and Saturday combined last weekend brought in $ 768.9K on its way to a $ 1.07M weekend, the past two days are down 33%, which $ 517.9K combined by statistics we have received from sources. A lot of it can be said that this is due to the multitude of family tariffs in the market, as well as capacity restrictions. NYC, along with LA, are the mid-size theater capitals for arthouse films. While large studios can cope with multiple showings with limited capacity, it’s another story for independent films that really rely on as many seats as possible from a handful of shows. The other main weekend markets at the national BO were (in 2 days gross) Salt Lake City ($ 422K), Dallas-Fort Worth ($ 375K), Phoenix ($ 309K), Chicago ($ 263K), Houston (210K $)), San Francisco ($ 205K), Detroit ($ 194K), Minneapolis ($ 168K) and Seattle ($ 159K).
On the upside for NYC, we hear that Warner Bros’ 70MM Principle at AMC, Imax Lincoln Square has sold out every showtime, a good sign of life that the cinema is making a comeback. This feature film directed by Christopher Nolan will open in approximately 13 Los Angeles locations next Friday, including the AMC Citywalk at Universal Studios.
Warner Bros. ‘ Tom and Jerry is believed to have reported $ 1 million in its third Friday, -37%, $ 1.9m on Saturday for a reported 3-day WB $ 4.1M, -38% in 2454 theaters (-109), and a cumulative total of $ 28.2M. The photo is currently on WarnerMedia’s subscriber streaming service HBO Max for an additional 15 days before theaters exclusively offer it in the second month of the photo.
Lionsgate Walk in chaos weekend 2 ranks 3rd with a $ 647K Friday, $ 1 million Saturday, and 601,000 USD today for 3 days of $ 2.25M on 1,995 sites (+15), -40%, and a cumulative total of $ 6.9M Sunday.
The fourth will focus on features Boogie weekend 2 with $ 220K Friday, -50%, 320,000 USD Saturday for 3 days of $ 730,000, -39%, in 1272 cinemas (+20) for 10 consecutive days today from $ 2.27M.
And the fifth goes to the Pandemic Family Sleeper That Won’t Stop, Universal / Dreamworks Animation’s Croods: a new age, who sees a weekend Friday 16 of $ 120,000, -41%, $ 240,000 on Saturday, 3 days of $ 520K, -34%, in 1,440 cinemas (-164) and a cumulative total of $ 54.3M.
Sony Classics is following Searchlight’s lead on Nomadland and reporting no gross amount for the opening weekend of The father. It was the only notable release of the weekend, but not wide (which is determined to be over 1K theaters). Awards season contender Anthony Hopkins-Olivia Colman has been booked at 865 sites, which industry estimates have been (revised). $ 97.5K Friday, $ 135K Saturday (+ 38%) on the way to the beginnings of 3 days of $ 312.5K at n ° 10, for one per theater of $ 361.
Sony, big and small, is protecting its box office numbers from competing distributors of Comscore. However, the great Sony was very good at reporting numbers on Sunday morning. The father, directed by Florian Zeller, is certified 99% fresh on Rotten Tomatoes and armed with four Golden Globe names, two SAG names for Hopkins in the lead and Colman in support, and six BAFTA names. Hopefully this doesn’t become the new norm among Oscar contenders, where distributors start hiding box office results to protect the photo’s reputation during awards season.
The comedy written and directed by Telugu’s Anudeep KV also made it into the top 10. Jathi Ratnalu, who made an estimate $ 460K at 130 sites. The photo follows three prisoners who are released and plan a happy life outside. The events take a new turn and bring a twist. Can they find happiness and love now? I heard the numbers were OK in New York, Dallas, San Francisco, Detroit, Seattle, and Austin.
Speaking of not declaring numbers at the box office, two-time Golden Globe winner Nomadland by Searchlight reportedly reported $ 117.5K during its sixth weekend at 400 sites (-220), which represents a drop of 42% and a cumulative total of $ 1.529 million. The weekend split for the Chloe Zhao-directed movie is $ 33K Friday, $ 48.5K Saturday and $ 36K today.
Screen Engine / Comscore PostTrak audience output was 84% positive and 54% recommended. Guys showed up at 52%, with 76% over 35, the biggest demo being 55+ at 39%. This is very good news, as some in distribution circles are concerned that the old demo will return to theaters as Covid calms down. Clearly, The father shows they want to come back. The distribution of diversity was 78% Caucasians, 11% Hispanic, 5% Black, and 6% Asian.
Big Sony has the Stephen Basilone-headed Long weekend out of 814 sites, with an OK rating of 71% Fresh Rotten Tomatoes for this romantic comedy. Sony saw a $ 87K Friday, $ 96K Saturday, $ 62K Sunday for 3 days of $ 245K in place # 11. Bad exits here at 55% and a definite 32% recommendation on PostTrak. Fifty-eight percent of women bought tickets, 81% over 25, with the largest showing being 45-54 year olds at 24%. The displays of diversity were 67% Caucasian, 12% Hispanic, 13% Black, and 8% Asian.
As we first told you, Cinemark is slowly opening the doors to its Long Beach, California location today, followed by the reopening of theaters in Orange, Placer, Contra Costa and San Bernardino counties. Channel 3 will continue to consider reopening in the near future in Los Angeles, and by March 15, 90% of its national circuit will be open. AMC reopens its Burbank and Century City hubs on Monday.
Some distributors think we’ll be around 4.2K theaters by the time Disney’s Black Widow opens May 7. As we’ve always said, this will be a gradual return to the box office, not an elevator lift. However, May brings a great deal of hope, with Black Widow, Paramount’s A Quiet Place, Part II, 20th Free guy, Sony Peter Rabbit 2: The Fugue and disney Cruella. It is this type of film group that is necessary to attract moviegoers, not a singular film, ala Principle.
Weekend from March 12 to 14:
1.) Raya and the last dragon (Dis) 2163 theaters (+118), 3 days: $ 5.5M (-35%), Total: $ 15.8M/ Week 2
2.) Tom and Jerry (WB) 2454 theaters (-109), 3 days: $ 4.1M (-38%) / Total: $ 28.2M/ Week 3
3.) Walk in chaos (Lionsgate) 1995 cinemas (+15), 3 days: $ 2.25M (-40%) / Total: $ 6.9M/ Week 2
4.)Boogie (Focus) 1272 cinemas (+20), 3 days: $ 730,000 (-39%) / Total: $ 2.27M/ Week 2
5.) The Croods: A New Age (Uni) 1440 rooms (-164), 3 days: $ 520K (-34%) / Total: $ 54.3 M /Week 16
6.) The sniper (Open) 1105 rooms (+55) / 3 days: $ 465,000 (-7%) / Total: $ 13.6M/ Week 9
7.) Jaithi Ratnalu (Telugu) 130 cinemas, 3 days: $ 460K/ Week 1
8.) The small things (WB) 1303 theaters (-145), 3 days: $ 400,000 (-27%), Total: $ 14.2M/ Week 7
9.) Wonder Woman 1984 (WB) 1139 theaters (-78) / 3 days: $ 400,000 (-20%) / Total: $ 44.95M/ Week 12
ten.) The father (SPC) 865 theaters, 3 days: $ 312.5K / Week 1
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