Sunday morning Writethru: Following Saturday post, chart update and updated analysis. There is a lot of good news ahead of us at the box office, but we are not there yet.
The number one box office market, Los Angeles (more than $ 900 million in 2019), is not going to start really waking up until next weekend. So the industry’s only headache is to expect capacity constraints to increase well beyond the current 25%, which NYC and LA are currently limited to.
Of the 5,800 cinemas in the United States and Canada, only 51% are open this weekend; this despite the fact that Disney is saying that 80% of the domestic market is capable of operating in relation to total billing capacity. The New York DMA, including the five New York districts recently reopened last week, is only 44% open. But there are parts of Canada that are alive, that is, Quebec with 73%, Saskatchewan with 55% and Yukon, Northwest Territories, Nunavut with 100%. The province of Toronto, Ontario, only opens with 20%.
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While the BO is still in repair, Disney’s second weekend of Raya and the Last Dragon, which is also available on Disney + for an extra $ 30 for subscribers, is leading this weekend with $ 1.5M Friday, $ 2.6M Saturday, and an expected $ 1.4M today for a second full weekend of $ 5.5 million, -35% in 2,163 locations (+118) and a gross value of 10 days of $ 15.8 million. Friday had 42% discount. Nancy will have more, but Raya earned $ 11.5 million in its second weekend abroad for a total of $ 17 million WW, bringing its global total to $ 52.6 million.
Although we were very nervous about this new Disney + theatrical model with date and date, those with knowledge of Disney’s distribution maneuvers believe it was just an experiment. It is not able to shake the whole future of the theatrical release, and the streaming releases of days and dates are not part of its long-term plans for the Burbank, CA lot to make money on its list. Disney is said to have heard the message loud and clear from exhibitors like Cinemark, Harkins and others who refused to play Raya, and clearly the film is suffering from the absence of these chains in its box office equation. The biggest ai here for Raya? Not having Cineplex from Canada.
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Meanwhile, the New York DMA it continued to be the number one box office market in the country in its second weekend of reopened cinemas in New York. While Friday and Saturday combined last weekend earned $ 768,900 on the way to a $ 1.07 million weekend, the last two days were down 33%, raising $ 517.9K combined by statistics we receive from sources. In large part, we can say that this is due to the bunch of familiar tariffs in the market, in addition to capacity restrictions. NYC, along with LA, are the medium capitals of theater for art films. While large studios may face multiple viewing times with limited capabilities, it is a different story for independent films that actually have as many seats as possible on a handful of shows. The other main markets for the general weekend in the domestic BO were (gross 2 days) 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 bright side for New York, we hear that Warner Bros’ 70MM Principle at AMC Imax Lincoln Square sold out all the shows, a good sign of life that the cinema is coming back. This film directed by Christopher Nolan will premiere at about 13 locations in Los Angeles next Friday, including the AMC Citywalk at Universal Studios.
Warner Bros. Pictures
Warner Bros. ‘ Tom Jerry estimated to have raised $ 1M on its third Friday, -37%, $ 1.9 million on Saturday for a reported 3-day WB of $ 4.1M, -38% in 2,454 cinemas (-109), and a total of $ 28.2 million. The photo is currently on WarnerMedia’s subscriber streaming service, HBO Max, for another 15 days before cinemas have it exclusive in the second month of the photo’s display.
Lionsgate’s Chaos Walking on weekend 2 it is in 3rd place with a $ 647K Friday, $ 1M Saturday, and $ 601K today for 3 days of $ 2.25M in 1,995 sites (+15), -40% and a total of $ 6.9M on Sunday.
The fourth will focus on resources’ Boogie on weekend 2 with $ 220K Friday, -50%, $ 320K Saturday for 3 days of $ 730K, -39%, in 1,272 cinemas (+20) for a 10-day screening today of $ 2.27M.
And the fifth goes to the sleeping pandemic family that doesn’t stop, Universal / Dreamworks Animation Croods: a new era, who’s seeing a Friday the weekend of 16 $ 120K, -41%, $ 240K on Saturday, 3 days of $ 520K, -34%, in 1,440 cinemas (-164) and a total running of $ 54.3M.
Sony Classics is following the example of Searchlight in Nomadland and not reporting any revenue of any kind for the opening weekend The father. It was the only notable launch of the weekend, but not a large one (which is determined to be more than 1,000 cinemas). Anthony Hopkins-Olivia Colman award season contestant was booked at 865 locations, which, according to industry estimates, were made (revised) $ 97.5K Friday, $ 135K on Saturday (+ 38%) en route to a 3-day premiere of $ 312.5K in tenth place, for a theater of $ 361.
Sony, large and small, is protecting its box office numbers from rival distributors on Comscore. However, the big Sony has been very good at reporting the figures on Sunday morning. The father, directed by Florian Zeller, is 99% certified on Rotten Tomatoes and armed with four Golden Globe nominees, two SAG nominees for Hopkins in the lead and Colman in support and six BAFTA nominees. Hopefully, this will not become the new norm among Oscar candidates, whereby distributors begin to hide box office results to protect the film’s reputation during the awards season.
Also entering the top 10 was the comedy written and directed by Anudeep KV from Telugu Jathi Ratnalu, who made an estimate $ 460K in 130 locations. The photo follows three prisoners who are released and plan a happy life outside. Events take a new turn and bring about a turnaround. Can they find happiness and love now? I heard that the figures were fine in New York, Dallas, San Francisco, Detroit, Seattle and Austin.
Speaking of not disclosing box office numbers, twice a Golden Globe winner Nomadland of Searchlight is estimated to have raised $ 117.5K on its sixth weekend on 400 sites (-220), which represents a 42% decline and a total of $ 1,529M. The weekend split for the film directed by Chloe Zhao is $ 33K on Friday, $ 48.5K on Saturday and $ 36K today.
Audience outings on Screen Engine / Comscore’s PostTrak were strong at 84% positive and 54% recommended. The guys showed up with 52%, with 76% over 35, with the largest individual show being 55+ with 39%. This is very good news, as some in distribution circles are concerned about the return of the oldest demo to theaters when Covid gave up. Clearly, The father shows that they want to come back. The distribution of diversity was 78% Caucasian, 11% Hispanic, 5% black and 6% Asian.
Big Sony has directed by Stephen Basilone Extended weekend on 814 sites, with an OK rating of 71% Rotten Tomatoes for this romantic comedy. Sony saw a $ 87K Friday, $ 96K on Saturday, $ 62K on Sunday for 3 days of $ 245K in 11th place. Bad departures here at 55% and a definitive 32% recommendation on PostTrak. Fifty-eight percent of women purchased tickets, 81% over 25, with the largest individual demonstration being 45-54 years old at 24%. The diversity demonstrations were 67% Caucasian, 12% Hispanic, 13% black and 8% Asian.
As we said first, today Cinemark is slowly opening its website in Long Beach, CA, followed by the reopening of the theater in Orange, Placer, Contra Costa and San Bernardino counties. The third chain will continue to look at reopening in the near future in LA and, on March 15, 90% of its national circuit will be open. AMC is reopening its Burbank and Century City centers on Monday.
Some distributors speculate that we will be around 4,200 cinemas when Disney’s Black Widow premieres on May 7. As we have always said, it will be a gradual return to the box office, not an elevator. However, May brings great hope, with Black Widow, Paramount’s A peaceful place, part II, 20 years Free Guy, Sony Peter Rabbit 2: The Runaway and Disney Cruella. It is this type of film group that is needed to attract viewers back, not a single film Principle.
Weekend from March 12 to 14:
1.) Raya and the Last Dragon (Dis) 2,163 cinemas (+118), 3 days: $ 5.5 million (-35%), Total: $ 15.8 million/ Wk 2
two.) Tom Jerry (WB) 2,454 cinemas (-109), 3 days: $ 4.1M (-38%) / Total: $ 28.2 million/ Wk 3
3.) Chaos Walking (Lionsgate) 1,995 cinemas (+15), 3 days: $ 2.25M (-40%) / Total: $ 6.9M/ Wk 2
4.)Boogie (Focus) 1,272 cinemas (+20), 3 days: $ 730K (-39%) / Total: $ 2.27M/ Wk 2
5.) The Croods: A New Age (Uni) 1,440 cinemas (-164), 3 days: $ 520K (-34%) / Total: $ 54.3M /Wk 16
6.) The shooter (Open) 1,105 cinemas (+55) / 3 days: $ 465K (-7%) / Total: $ 13.6 million/ Wk 9
7.) Jaithi Ratnalu (Telugu) 130 cinemas, 3 days: $ 460K/ Wk 1
8.) The little things (WB) 1,303 cinemas (-145), 3 days: $ 400K (-27%), Total: $ 14.2M/ Wk 7
9.) Wonder Woman 1984 (WB) 1,139 cinemas (-78) / 3 days: $ 400K (-20%) / Total: $ 44.95M/ Sem. 12
10.) The father (SPC) 865 cinemas, 3 days: $ 312.5K / Wk 1