January 14th, 2020
It was a mixed weekend with the two wide expansions bettering predictions by small margins, but most of the rest of the top five failed to do so. Granted, no film truly bombed, but the little misses did add up causing the total box office to slip by 6.6% from last weekend hitting $132 million. Dips like this are expected at this time of year, as the big holiday releases are fading and January releases just are not expected to be able to compensate. On the positive side, this weekend was 11% higher than the same weekend last year and that’s helped 2020 get off to an early 6.3% / $24 million lead at $410 million to $386 million. This is not only a faster start than last year, it is actually faster than 2018, which set the record at the end of the year. I’m not saying 2020 will have the biggest total domestic box office; it is far too early to make a prediction like that. However, an early lead can help, as it sets a tone of winning. If the dominant story is a weak box office, then moviegoers could assume the movies coming out are not worth going to see and that becomes a self-fulfilling prophecy.
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December 29th, 2019
The weekend isn’t looking good for Star Wars: The Rise of Skywalker, as it is falling a lot faster than I expected. If estimates hold, it will fall 59% to $72.0 million over the weekend for a running tally of $361.8 million after two weeks of release. However, this is still a massive amount of money. It is already the seventh-biggest hit released in 2019, and is on pace to earn third place on that chart, maybe even second. Internationally, the film added $94.3 million in 52 markets for a running tally of $363.0 million internationally and $724.8 million worldwide. That’s without any earnings from South Korea, where it will debut in a couple of weeks. It should have no trouble getting to $1 billion worldwide by the end of its run, but most were expecting a lot more than that. It is yet another profitable disappoint—and we saw too many of those in 2019.
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December 28th, 2019
The last weekend of the year began on Friday and there’s some good news and some bad news. Bad news, Star Wars: The Rise of Skywalker fell faster than expected, down 71% from its opening Friday to just $26.23 million. Granted, this was still more than enough to blow past the $300 million mark in just eight days, putting it in a tie for fifth fastest to reach $300 million. The film will bounce back over the rest of the weekend and it is projected to earn $76 million over the three-day weekend for a running tally of $366 million. If it ended there, then the film could still break even, eventually. In reality, the film has two more weeks of no serious competition, so it will have no trouble getting past a couple of more major milestones before it is done it box office run.
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December 22nd, 2019
There are some mixed results on the weekend chart with some films topping expectations, while others are struggling mightily. Fortunately, the former category includes Star Wars: The Rise of Skywalker, which is topping my prediction, albeit by a very small margin at $175.5 million, well below the $190 million projections based on Friday’s estimates. Yesterday, it looked like Rise of Skywalker would have similar legs to The Last Jedi. Granted, this film’s reviews and its B plus rating from CinemaScore are weaker than the previous film, but this one will have more help with the holidays. Christmas break has begun, so that should have boosted Sunday’s numbers, but sadly, that doesn’t appear to be the case. However, and this is an important point, the film is still doing fantastic business, with the third-biggest December weekend ever, and it should be a monster hit in the end.
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December 15th, 2019
Jumanji: The Next Level is not only beating predictions, but is also topped projections based on Friday’s estimates. The film’s weekend estimate is $60.1 million, which is easily more than the rest of the top ten combined. It is also 66% higher than the Welcome to the Jungle’s opening weekend, although that film had a Wednesday opening, so it isn’t a fair comparison. Internationally, the film is nearly as impressive, earning $85.7 million on 39,900 screens in 52 markets for totals of $152.5 million internationally and $212.6 million worldwide. This includes a monster opening in the U.K., where it earned $12.6 million over the five-day weekend, including previews. This is 32% ahead of the previous installment in the franchise. Overall, the new film is 33% ahead of Welcome to the Jungle’s performance in the same group of new markets. If you look at is box office so far, add in its solid reviews and the Christmas break and we are looking at a $1 billion worldwide run. Sony had a really bad three-year streak a few years ago, but this is the second year in a row where they have been back in form.
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December 14th, 2019
Jumanji: The Next Level got off to a great start on Friday, earning $19.4 million. Sony is projecting just over $50 million for the weekend after this start, which is well above our $42-million prediction, and in fact on the very high end of range of everyone’s predictions. Furthermore, the film’s reviews remain solid, and, while it doesn’t have a published CinemaScore yet, its word-of-mouth does seem like an asset going forward. Granted, it does have intense competition next weekend, but I have no doubt that Sony is already working on a third installment of the Jumanji reboot.
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December 12th, 2019
Jumanji: The Next Level will have no trouble earning first place and could earn more than Frozen II, Black Christmas, and Richard Jewell will earn combined. The real question is whether or not the overall box office will keep pace with the same weekend last year when Spider-Man: Into the Spider-Verse debuted with $35.36 million. I really think Jumanji will top that figure while this year will also have marginally better depth helping 2019 earn a much needed win in the year-over-year competition.
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December 1st, 2019
Frozen II wasn’t the only box office hit to debut in November, but it was by far the largest. It helped save November and kept 2019 from turning completely sour at the last minute. As for December, we have several potential $100 million hits, plus a couple of monster hits. There are some who think Star Wars: The Rise of Skywalker will be the biggest domestic hit released in 2019, but most think it will have to settle for second place. Jumanji: The Next Level should also be a monster hit, even if it doesn’t come really close to its predecessor. As for last December, Aquaman was the undisputed champion, earning almost as much as the next two films combined. Jumanji could top Aquaman at the box office, while we could also have more $100 million films than we had last year. Add in Star Wars and the year should end on a really positive note, making up for the extended slumps we had to deal with through a lot of the year. 2019 won’t be able to close the gap entirely, but it will do enough that we will be able to celebrate.
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