Saturday, January 28, 2012

Friday Box Office Report: "The Grey" Attacks Top Spot, "One for the Money" Solid in Second....

Box office looks to continue to be up from last year...

Liam Neeson's The Grey, as expected, will open at the top spot, with an estimated $6.5 million on Friday.  The critically-adored action film is opening higher than what most analysts were expecting, but audience reception was mixed, with a "B-" CinemaScore grade.  Based on recent trajectories, the film is headed for a $19 million weekend, with the $20 million barrier a possibility dependent on how high the Saturday bump is.

Second place went to Katherine Heigl's book adaptation One for the Money, which earned solid numbers with an estimated $4 million on Friday.  That was also higher than what most analysts were expecting, and while audiences were mixed with a "B-" CinemaScore, its' still headed for a $12 million weekend, in line with last years' The Lincoln Lawyer.

Underworld: Awakening fell out of the top spot and came in third place on Friday with a 63% depletion to an estimated $3.5 million.  Based on recent trajectories for horror flicks, that was a softer blow than what similar films usually drop.  Right now, I would expect a second weekend of $11.5 million.

Red Tails, on the other hand, didn't pull a strong hold compared to its' "A" CinemaScore, but considering the amount of competition, it held relatively OK.  Easing 53% to an estimated $2.7 million, it should pick up business over the weekend with around $10 million by Sunday.

The other new release, Man on a Ledge, disappointed in fifth place.  The crime drama debuted to a underwhelming estimated $2.5 million on Friday.  That's short of last weeks' Haywire's opening Friday, but Ledge did get mainly positive reception from audiences, with a "B+" CinemaScore grade, the best out of all the new releases, which could help its' grosses bump up a bit as the weekend progresses.  For now though, a $7.5 million weekend looks to be right on target.

George Clooney's The Descendants expanded to nearly 2,000 theaters as a result of its' Oscar nominations, and earned an estimated $1.6 million in eighth place.  That's a fine number for a film that's already been playing in some theaters for over a month, and it should be able to score about $5 million for the weekend.

Meanwhile, Extremely Loud and Incredibly Close didn't quite pull a solid hold despite its' Best Picture nomination, with a 40% ease to an estimated $2 million on Friday, and will likely pull about $6.5 million for the weekend.  Contraband also couldn't pull a strong hold with all the competition, with a 53% drop to an estimated $1.9 million, and is also heading for $6.5 million in a close race for the sixth spot.  Beauty and the Beast (3D) and Haywire rounded out the Top 10 with 47% and 64% plunges to estimates of $1.2 million and $1 million, in what looks to be $5 million and $3.5 million grosses for the weekend.

Weekend estimates coming tomorrow afternoon....