..Gary Dretzka
..
Noah Forrest

..Leonard Klady
..
David Poland
..Doug Pratt
..
Ray Pride




January 21, 2008
Weekend Estimates
Domestic Market Share

Four Leaf Cloverfield ...

The trepidation that monster mash up Cloverfield might resonate with Snakes on a Plane disappointment proved unfounded as it lapped the competition and emerged the holiday weekend favorite with an estimated $47.1 million. The session also featured upbeat returns of $26.3 million and a second ranking for the romantic comedy 27 Dresses but Overture’s maiden voyage caper comedy Mad Money was no better than tepid as it cleared the four-days with $8.7 million.

The session was also rife with limited entries including Woody Allen’s Cassandra Crossing that generated an OK $4,000 theater average from 107 engagements. Additionally the American indie Teeth bit down on a sizeable $37,100 in four theaters and the documentary Taxi to the Dark Side lit up $16,400 in its initial three outings.

Overall business set records for the frame and the month with the four day span of the Martin Luther King holiday eyeing roughly $185 million. Revenues bumped up 18% for the comparative three-day portions of the weekend and were 19% better than the 2007 edition. A year ago Stomp the Yard debuted to $25.9 million to earn holiday bragging rights.

Long shrouded in secrecy and speculation Cloverfield mounted an effective buzz campaign across the media spectrum. Tracking was strong but pundits were rightly skittish having been recently bruised by the Snakes premiere. Critical response was icy but the film prevailed as a latter day water cooler phenomenon that posted a record box office gross for a January premiere.

The twice sneaked 27 Dresses also managed to build word-of-mouth into ticket sales for the “always a bridesmaid” vehicle. It also had unfortunate consequences for Mad Money, the first outing for startup Overture Films. The new distributor found itself locked into ad and campaign commitments it could not shirk when Dresses _ appealing to a comparable demographic _ moved up its release date and the money migrated.

If platform strategies reflect tomorrow morning’s announcement of the Oscar ballot, the slate for best picture shapes up as Atonement, The Diving Bell and the Butterfly, Juno, No Country for Old Men and There Will Be Blood. The upside of such a scenario is that all but No Country are likely to reap a considerable domestic theatrical upside in the coming weeks. Overseas the picture is even brighter with three of the films just beginning to enter the international arena and Diving Bell only played out in France while Atonement has ended runs in the U.K. and Germany.

At the moment only Juno sizes up as a $100 million domestic grosser but the march to the Kodak could see a radical commercial momentum for Atonement and There Will Be Blood.


- Leonard Klady



Weekend Estimates - January 18-21, 2008 [4 days]

Title Distributor
Gross (average)e)
% changee *
Theaterss
Cume
Cloverfield
Par
47.1 (13,820) - 3411 47.1
27 Dresses
Fox
26.3 (8,590) - 3057 26.3
The Bucket List
WB
16.3 (5,590) -28% 2915 43.8
Juno
Fox Searchlight
11.9 (4,700) -25% 2534 87
National Treasure: Book of Secrets
BV
9.5 (2,820) -27% 3377 199.4
First Sunday
Sony
9.5 (4,310) -56% 2213 30.2
Alvin and the Chipmunks
Fox
9.1 (3,070) -26% 2962 198.5
Mad Money
Overture
8.7 (3,530) - 2470 8.7
I Am Legend
WB
6.0 (2,570) -37% 2525 248.6
Atonement
Focus
5.7 (4,450) 8% 1291 32.9
The Pirates Who Don't Do Anything
Uni
3.7 (2,780) -36% 1340 8.6
There Will Be Blood
Par Vantage
3.5 (9,070) 57% 389 8.6
Sweeney Todd
Par
3.3 (2,220) -20% 1507 48.8
One Missed Call 
WB
3.2 (1,680) -53% 1915 24.8
Charlie Wilson's War
Uni
2.5 (1,880) -48% 1340 63.4
P.S. I Love You
WB
2.3 (1,430) -60% 1626 50.8
The Water Horse
Sony
2.1 (1,250) -50% 1661 37.9
The Great Debators
MGM
1.7 (1,680) -40% 1021 28.2
No Country for Old Men
Miramax
1.4 (1,760) -4% 818 48.8
The Orphanage
Picture/Christal
1.4 (1,950) -42% 702 5.2
The Kite Runner
Par Vantage
1.3 (2,160) -33% 606 12.9
Enchanted
BV
1.3 (1,640) -44% 767 124.1
In the Name of the King
FreeStyle
.82 (610) -76% 1338 4.4
The Savages
Fox Searchlight
.55 (3,140) 47% 175 3.7
The Golden Compass
New Line
.53 (1,560) -63% 340 68.3
Weekend Total ($500,000+ Films) - $179.70 - - -
% Change (Last Year) - 19% - - -
% Change (Last Week) - 18% - - -
Also debuting/expanding
Diving Bell and the Butterfly
Miramax
.47 (4,390) 12% 107 2.6
Cassandra's Dream
Weinstein Co.
.43 (4,010) - 107 0.43
Persepolis
Sony Classics
.26 (10,480) 10% 25 0.89
Teeth
Roadside At.
37,100 (9,270) - 4 0.04
Little Chenier
Slow Hand
32,500 (1,910) - 17 0.03
Taxi to the Dark Side
Thinkfilm
16,400 (5,470) - 3 0.02
Still Life
New Yorker
16,200 (16,200) - 1 0.02
Summer Palace
Palm
11,200 (11,200) - 1 0.01
Beaufort
Kino
6,100 (6,100) - 1 0.01
* percentage changes are 3-day to 3-day

 

Domestic Market Share - To January 20, 2008

Distributor (titles)
Gross*
Market Share
Warner Bros. (10) 116.9 26.20%
Buena Vista (5) 68.5 15.40%
Fox (4) 55.8 12.50%
Fox Searchlight (3) 48.6 10.90%
Sony (7) 43.5 9.80%
Universal (3) 27.8 6.20%
Par (3) 19.1 4.30%
Focus (2) 15.9 3.60%
MGM (4) 11.8 2.60%
Par Vantage (4) 11.1 2.50%
New Line (1) 7.8 1.80%
Miramax (2) 6.9 1.50%
FreeStyle (2) 3.9 0.90%
Picturehouse (1) 3.6 0.80%
Other * (18) 4.4 1.00%
- 445.6 100.00%

 

 

 

 


Home | Movie City News | The Hot Button | Contact Us
Report broken links and other web problems to
Webmaster
©2008. Movie City News, Inc. All Rights Reserved.
Movie City Geek, Movie City Indie and MCG are trademarks of Movie City News.

.