Saturday, September 29, 2012

Friday Box Office Report: "Hotel Transylvania" Roars on Top, "Looper" Solid in Second...

Thanks to two strong new releases, this weekend's box office will be up substantially from last year for the first time in nearly two months and September is ending on a high note...Sony can brag that they have the top two movies in theaters right now...

Despite having somewhat low expectations, Hotel Transylvania is turning into a box office monster.  The 3D animated spookfest tallied a strong estimated $11 million on Friday.  That was way higher than what analysts were expecting (they were projecting a three-day opening in the low-to-mid 20's millions).  In terms of recent animated films, it earned more than what Rango and Rio earned on their opening days ($9 million and $10 million, on their way to $38 and $39 million weekends).  It also beat Sony Pictures Animation's previous fully-animated flick, Cloudy with a Chance of Meatballs ($8.1 million on its' way to $30 million debut), however, including all of the studios' films, Transylvania's opening day ranks second to The Smurfs ($13.8 million on its' way to $36 million opening).  Audiences enjoyed the film, giving it an "A-" CinemaScore, while critics gave it mixed reviews.  In terms of recent trajectories, Transylvania should top out at $40 million for the weekend, the biggest September opening ever, ahead of Sweet Home Alabama's $35.6 million start.

Also getting off to a solid start on Friday was Looper, which earned an estimated $6.9 million.  The critically-acclaimed R-rated sci-fi action pic earned a "B+" CinemaScore, and will likely finish the weekend with $20 million, a strong number considering the genre usually being a tough sell.

Third place once again was a close race, with End of Watch dropping 48% to an estimated $2.4 million.  House at the End of the Street and Trouble with the Curve were close behind with $2.3 million apiece, with House dropping 50% from last weekend and Curve dropping 42% from last Friday.  Expect Watch to come in third place with $8 million, followed closely by Curve and House.

Way further on the list, inspirational drama Won't Back Down didn't do good at all.  The inspirational drama only earned an estimated $920,000 on Friday from 2,515 theaters, one of the worst starts ever for a very wide release.  With good word-of-mouth from audiences, expect just $3 million for the weekend.

Faring much better was the limited start of Perfect Pitch, as the musical comedy earned a huge estimated $1.7 million from just 338 theaters.  Expect around $5 million for the weekend, and good word-of-mouth heading into its' nationwide expansion next weekend.

As I have said before, the Friday reports will only be on seasonal occasions, such as when a movie (i.e. Hotel Transylvania) earns more than $10 million on Friday, or when its' an extended weekend (such as Thanksgiving, Memorial Day, or Labor Day)...