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..Gary Dretzka
..
Noah Forrest
..Leonard Klady
..R.J. Matson
..David Poland
..Douglas Pratt
..Ray Pride
..Michael Wilmington






May 18, 2008
Weekend Estiamtes
Domestic Market Share
Top Global Grossers

Caspian Sees Wave ...

The Chronicles of Narnia: Prince Caspian crested with an estimated $56.7 million to rank as the weekend’s top movie attraction. The anticipated commercial potency of the franchise had competitors large and small avoiding a head on and giving the youth appeal adventure a clear shot among debuting national releases.

Debuting niche and regional newcomers were eclectic including an 84 print launch for the Hispanic targeted How the Garcia Girls Spent Their Summer that barely managed to generate a $1,000 per engagement average. In QuebecLa Piege Americain had a passable $980,000 box office at 44 venues and the Bollywood entry Jannat was soft with a $26,600 tally from 17 outlets. Exclusives proved more potent with the Norweigan import Reprise grossing $46,500 from three playdates and Mexico’s Sangre de mi Sangre generating $8,500 from a single screen.

Despite a strong bow for Prince Caspian, its box office was dwarfed by last year’s $121.6 million preem of Shrek the Third and that translated into a significant overall box office drop.

The second installment of C.S. Lewis’s Narnia screen adaptations entered the marketplace with high expectations with some industry trackers predicting out-sized figures of between $85 million and $90 million that say more about methodology than results. More level heads anticipated a $65 million opening comparable to the first episode’s gross in December 2005.

While there’s an argument to be made that the film’s debut was disappointing in light of expectations, the strategic placement in the summer schedule could well pay off in the coming weeks. The teens and tweens that account for the series core appeal are still largely in school - roughly 85% - but that number will drop to less than 50% by June and next weekend’s Memorial holiday 4-day could generate comparable returns.

Internationally Prince Caspian launched in 12 countries including Mexico where it grossed $5.2 million of an estimated $20.7 million aggregate. It also bowed in Korea and Russia and secondary markets largely in Asia. Buena Vista International president Mark Zoradi noted that the film debuted 27% higher overall in those initial territories.

Holdovers generally experienced 30% to 40% drops with more severe erosion for the likes of Speed Racer and Redbelt. With a string of high profile movies in the wings the marketplace experienced considerable thinning among national releases with a mere 11 grossing in excess of $500,000 for the frame.

Weekend box office was inching toward $130 million for a modest 4% boost from seven days earlier. As noted 2007’s Shrek 3 was impossible to top and grosses overall fell 29% by comparison.


- Leonard Klady



Weekend Estimates - May 16-18, 2008

Title
Distributor
Gross (average)
% chng
Theas
Cume
Prince Caspian
BV
56.7 (14,420)
3929
56.7
Iron Man
Par
31.0 (7,460)
-39%
4154
222.3
What Happens in Vegas
Fox
13.9 (4,270)
-31%
3255
40.4
Speed Racer
WB
7.7 (2,140)
-58%
3606
29.9
Made of Honor
Sony
4.6 (1,620)
-44%
2816
33.8
Baby Mama
Uni
4.5 (1,810)
-27%
2503
47.2
Forgetting Sarah Marshall
Uni
2.6 (1,610)
-33%
1601
55.1
Harold & Kumar 2
WB
1.8 (1,300)
-41%
1403
33.9
Forbidden Kingdom
Lions Gate
1.0 (980)
-55%
997
50.3
The Visitor
Overture
.67 (2,990)
-8%
224
3.4
Nim's Island
Fox
.53 (590)
-64%
894
45.2
Prom Night
Sony/Alliance
.45 (790)
-56%
567
43.5
Then She Found Me
Thinkfilm/TVA
.39 (3,120)
-17%
125
1.4
21
Sony
.38 (860)
-55%
444
81.1
Young@Heart
Fox Searchlight
.34 (2,010)
-12%
170
1.9
Redbelt
Sony Classics
.33 (350)
-68%
932
1.9
Horton Hears a Who
Fox
.32 (770)
-48%
415
151.2
Weekend Total ($500,000+ Films)
$125.00
-
-
-
% Change (Last Year)
-
-29%
-
-
-
% Change (Last Week)
-
4%
-
-
-
Also debuting/expanding
Son of Rambow
Par Vantage
.23 (2,550)
51%
91
0.52
La Piege Americain
Alliance
.1 (2,250)
-
44
0.1
How the Garcia Girls Spent Their Summer
Alliance
84,300 (1,040)
-
84
0.08
Reprise
Miramax
46,500 (15,500)
-
3
0.05
Jannat
Shemaroo
26,600 (1,570)
-
17
0.03
Sangre de mi Sangre
IFC
8,500 (8,500)
-
1
0.01
Yella
Cinema Guild
6,900 (3,450)
-
2
0.01
Edge of Heaven *
-
-
-
-
-

Domestic Market Share - To May 15, 2008

Distributor (releases)
Gross
Market Share
Fox (12)
532.1
17.20%
Warner Bros. (14)
437.7
14.10%
Paramount (9)
431.1
13.90%
Sony (14)
363.5
11.70%
Buena Vista (8)
272.2
8.80%
Universal (9)
254.1
8.20%
Lions Gate (8)
199.9
6.40%
Fox Searchlight (5)
147.9
4.80%
Par Vantage (8)
69.9
2.30%
New Line (4)
61.8
2.00%
Focus (4)
59.6
1.90%
Miramax (4)
47.3
1.50%
MGM (9)
46.1
1.50%
Summit (2)
34.7
1.10%
Overture (3)
23.5
0.80%
Other * (133)
118.1
3.80%
* none greater than 0.55%
3099.5
100.00%

Top Global Grossers - To May 15, 2008

Title
Distributor
Gross
Iron Man
Par
381,951,713
Horton Hears a Who
Fox
289,915,034
10,000 B.C. 
WB
267,200,300
I Am Legend *
WB
250,954,579
Jumper
Fox
211,531,632
Juno *
Fox/Mandate
199,452,286
Bienvenue Chez les Ch'tis
Pathe
198,054,681
Cloverfield
Par
169,710,890
National Treasure: Book of Secrets *
BV
168,113,955
The Bucket List
WB
163,026,520
Alvin and the Chipmunks *
Fox
162,328,406
The Spiderwick Chronicles
Par
160,593,212
27 Dresses
Fox/Spyglass
153,852,373
Vantage Point
Sony
151,162,895
Step Up 2: The Streets
BV/Summit
143,673,250
Asterix aux jeux Olympiques
Pathe
131,462,687
Sweeney Todd *
Par/WB
126,172,473
21
Sony
122,671,389
P.S. I Love You *
WB/Summit
117,099,782
No Country for Old Men *
Miramax/Par Intl
116,882,361
Fool's Gold
WB
105,932,915
Enchanted *
BV
105,273,924
Rambo
Lions Gate/NuImage
104,753,184
The Forbidden Kingdom
Lions Gate/Weinstein
97,146,975
The Golden Compass *
NLC
93,863,603
* does not include 2007 box office

 

 

 

 

 


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