TMNT 2014 delivers 65 million Guardians of The Galaxy holds position with 41 million; Disney crosses 1 billion mark; Rupert Murdoch speaks out on withdrawn takeover

 

 

The Guardians get shell-shocked! I’m Realistic Fish Head. As of last weekend, Guardians of the Galaxy gave August a head start with 94 million. This time TMNT 2014 beat out the heroes with 65 million as Michael Bay once again refreshes another franchise since the Transformers live-action movies in 2004. With the green machine in control Gene, how did kids and moviegoers react when they realized there would be another live action TMNT movie since the mid 90’s?

 

 

Gene:

 

Teenage Mutant Ninja Turtles broke out in a big way this weekend with a stronger than expected estimated first place take of $65.0 million. It had been widely expected that Paramount’s high-profile franchise re-launch would find itself in a close battle with Guardians of the Galaxy for first place this weekend, but it ultimately won this weekend’s box office race with absolutely ease. Following in the footsteps of Guardians of the Galaxy last weekend, Teenage Mutant Ninja Turtles marks another high-profile surprise break-out performance. The strong performances of the two films were much needed after the relatively weak month of July at the box office.

Teenage Mutant Ninja Turtles opened a massive 168 percent stronger than the $24.26 million debut of 2007’s TMNT and has already out-grossed the $54.15 million final domestic gross of that film. Without adjusting for ticket price inflation, Teenage Mutant Ninja Turtles delivered the fourth largest opening weekend performance ever in the month of August (behind only Guardians of the Galaxy, 2007’s The Bourne Ultimatum and 2001’s Rush Hour 2). The film took in $25.61 million on Friday (which included an estimated $4.6 million from evening shows on Thursday), fell 14 percent on Saturday to gross $22.13 million and is estimated to decline 22 percent on Sunday to gross $17.27 million. That places the film’s estimated opening weekend to Friday ratio at 2.54 to 1.

The audience breakdown for Teenage Mutant Ninja Turtles skewed towards male moviegoers (61 percent) and moviegoers 25 years and older (55 percent). The film received a so-so B rating on CinemaScore.

Disney’s Guardians of the Galaxy placed in a strong second with an estimated $41.53 million. The blockbuster sci-fi superhero adaptation was down 56 percent from last weekend’s break-out debut. That represented a very solid second weekend hold for a film of this size, especially given the stronger than expected launch of Teenage Mutant Ninja Turtles. Guardians of the Galaxy has grossed an exceptional $175.82 million through ten days of release. That places the film an impressive 11 percent ahead of the $158.88 million ten-day take of Captain America: The Winter Soldier earlier this year (which fell 57 percent to gross $41.27 million during its second weekend of release). With its current percentage lead over Captain America: The Winter Soldier and the aid of strong word of mouth, Guardians of the Galaxy has a very strong chance at this point of eventually out-grossing The Winter Soldier to become the highest grossing release of 2014 thus far domestically.

Warner’s Into the Storm debuted in third with an estimated $18.02 million. The modestly budgeted disaster film debuted towards the higher end of its modest pre-release expectations and performed respectively given the combined performances of Teenage Mutant Ninja Turtles and Guardians of the Galaxy. The film opened 74 percent stronger than the $10.34 million launch of fellow disaster film Pompeii earlier this year.

Into the Storm grossed $6.52 million on Friday (which included an estimated $0.8 million from evening shows on Thursday), decreased a slim 2 percent on Saturday to gross $6.38 million and is estimated to fall 20 percent on Sunday to gross $5.12 million. That gives the film an estimated opening weekend to Friday ratio of 2.76 to 1. The audience breakdown for Into the Storm skewed towards female moviegoers (58 percent) and heavily towards moviegoers over the age of 25 (71 percent). Like Teenage Mutant Ninja Turtles, Into the Storm also received a so-so B rating on CinemaScore.

The Hundred-Foot Journey also opened in line with its modest expectations this weekend with an estimated fourth place debut of $11.12 million. The modestly budgeted drama from Disney and DreamWorks served as counter-programing to all of the fan-driven event films currently in the marketplace. The Hundred-Foot Journey opened slightly ahead of the $10.52 million start of Million Dollar Arm earlier this year.

The Hundred-Foot Journey opened with an estimated $3.65 million on Friday, increased 18 percent on Saturday to gross $4.30 million and is estimated to fall 26 percent on Sunday to gross $3.17 million. That gives the film an estimated opening weekend to Friday ratio of 3.05 to 1. The audience breakdown for the film skewed towards female moviegoers (59 percent) and heavily towards moviegoers 26 years and older (87 percent). The Hundred-Foot Journey received a strong A rating on CinemaScore and will hope to hold up well throughout the month of August, in part from continuing the serve as counter-programming to the month’s current and upcoming fan-driven releases.

Universal’s Lucy rounded out the weekend’s top five with an estimated $9.33 million. The modestly budgeted sci-fi action film starring Scarlett Johansson was down 49 percent from last weekend. While the film’s holding power thus far hasn’t been the greatest, Lucy continues to exceed expectations and is now on the verge of reaching the $100 million domestic milestone with a 17-day take of $97.35 million.

Lionsgate’s Step Up All In was off to a disappointing sixth place start with an estimated $6.58 million. The fifth installment of the dance film franchise debuted below its already modest expectations and a disappointing 44 percent below the $11.73 million debut of 2012’s Step Up Revolution. Step Up All In received a B+ rating on CinemaScore. It should be noted that the film is performing significantly stronger overseas than it is domestically.

 

To recap, TNMT 2014 hi-yah’s right into 1st, the Galaxy Guardians hold steady in 2nd, Into the Storm blows through in 3rd, The Hundred-Foot Journey steps in 4th, and Lucy zooms in 5th.

 

 

Last weekend’s 94 million smacker record from Guardians of the Galaxy has pulled Disney into 1 billion smacker territory. The villainous Maleficent, and the heroic Captain America also gave the mouse a boost. Since Frozen blew away the box office Danny, what’s been bringing all of these blockbusters racking in all of the money lately?

 

Danny Angelfish (via Dateline Hollywood)- Buoyed by the strength of Guardians Of The Galaxy, Frozen, Captain America and Maleficent, The Walt Disney Co. will cross $1B in domestic box office today after reaching $2B internationally on August 4th. Disney also crowed today that it moved into second place in domestic market share and that it marks the ninth consecutive year and 18th year overall that the studio has reached the $1B threshold. To put this in some perspective, Walt Disney Animation Studios’ Frozen, which opened in November 2013, played well into 2014. It has earned over $1.27B worldwide. That one picture.

The studio has made that $3B global threshold for the fifth consecutive year and the eighth time ever and has been the fastest Disney has ever gotten there. As studios tout these numbers, which are good for chest pounding, the more interesting numbers would be the spreadsheet showing which pictures sailed to profitability. Maybe one day, right? (Ahem).

After Frozen played itself out domestically, April saw the bow of Captain America: The Winter Soldier, followed a month later by the Memorial Day opening hit of Maleficent which is now at $732M globally (domestic makes up $235.3M+ of that). Captain America: The Winter Soldier opened to $95M and has made over $259.3M domestically and 713.7M worldwide.

The studio then closed its summer (with the exception of this weekend’s The Hundred-Foot Journey) with Guardians breaking August records to open at $94.3M; Guardians is expected to have a solid 2 to 3.5 multiple. As I reported in this weekend’s Box Office Preview story, the weekday numbers for Guardians have been very strong. It logged the No. 1 non-holiday Monday with $11.7M,  the No. 1 Tuesday with $11.9M and yesterday just chalked up $8.8M for a total domestic gross of $126.8M. It has set industry records for the biggest August Friday, Saturday, Sunday, Monday and Tuesday as well. (That’s a $10.8M average over three days).

Disney notes that this was Marvel Studios 10th release and its 10th consecutive No. 1 domestic opening. Already in 42 international territories, Guardians‘ $92.5M gross brings its worldwide total to $219.3M through August 6.

As previously reported, Disney reached the $2B for its fifth consecutive year and in record time, besting 2013 by about three weeks.

 

Last Tuesday, the Warner’s escaped Rupert Murdoch’s 80 billion smacker deal to merge with Fox. That was the millionaire’s biggest loss in 60 years. This week he spoke out to tinseltown about the botched deal. What did he say Angie?

 

Angie Angelfish (via Dateline Hollywood)- It’s been three years since Rupert Murdoch last showed up for his company’s quarterly call with analysts — but he made it today to underscore his faith in Fox after it withdrew its $80B offer for Time Warner. “We viewed it as a unique opportunity with clear strategic benefits,” the CEO said. Fox walked away from a deal due to Time Warner‘s “refusal to engage with us coupled with the reaction in share price that undervalued our stock. … This is our resolute decision.” He said Fox is “an amazing company, and our future has never been brighter.” It also has “a clear sense of where we are going.” Prodded about his eagerness to expand, Murdoch said that “all of our best businesses, we’ve built them ourselves. … We have no plan to go out on the acquisition trail.”

COO Chase Carey reinforced Murdoch’s comments about Time Warner. “Let me be clear: We are done.” If Fox increased its $85 a share cash-and-nonvoting-stock offer, then “too much of the value [would have gone to] Time Warner shareholders.” What’s more, “we have no plans to pursue any other third-party content company. … One of the most important traits that distinguishes us from our peers is that we are a growth company.” He added, in response to a question, that while “we have moved on,” Fox was attracted to Time Warner to give it scale, opportunities to “mix and match the assets” including overseas, and develop next-generation services. “In many ways our businesses look pretty similar. …We have a leadership position in scale,. This would have taken it to another level.” Even so, “we like the hand we’ve got.”

 

Checking the Penguins tally, 2,085 fans sign in as another trailer for the Penguins of Madagascar movie was made public yesterday nationwide putting Team Skipper one step closer to stardom one again since the first 3 Madagascar movies including their own short and the current TV series.

 

 

Summer sweeps is in its last stages this week as new episodes continue to make big ratings! We’ll bring you this month’s big news as it progresses. This is Realistic Fish Head saying, enjoy the last few weeks of summer sweeps!

Advertisements
  1. Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: