Monday, June 2, 2008

Sex and the City Rules The Box Office

Short of USD$4million plus from my expectations last week for the box office predictions tally.

Last weekend actor/producer Sarah Jessica Parker and her trio of gal pals showed the boys how it's done blowing away industry expectations with the launch of their much-anticipated comedy Sex and the City which took control of the number one spot at North American multiplexes. Indiana Jones and the Kingdom of the Crystal Skull, the expected box office leader, settled for the bridesmaid position but held up relatively well in its sophomore frame. Another surprisingly strong debut came from the new horror film The Strangers which bowed in third place helping to give the marketplace some well-needed depth. Overall, the box office was red hot as for the first time ever, two different films climbed north of $40M on the weekend after Memorial Day. In fact, business was so strong that the top ten was off only a scant 2% from the Friday-to-Sunday portion of last weekend's stellar holiday session.

Stepping out in style, fans powered Sex and the City to the top spot with an estimated $55.7M in ticket sales on opening weekend. The R-rated New Line-Warner Bros. pic averaged a stunning $16,968 from 3,285 theaters and ranked as the year's third largest debut behind only Indiana Jones ($100.1M) and Iron Man ($98.6M). Anticipation had been building for months with the HBO comedy's millions of loyal fans leading to brisk advance ticket sales, especially for opening day. This was an event film for female moviegoers and the numbers soared above even the loftiest of pre-release forecasts.

According to studio research, Friday's audience was a whopping 85% female with Saturday's crowd coming down only slightly from that figure. Opening day was dominated by groups of women going together just as males often do for a new Star Wars or super hero film. The budget was $60M which is rather high for a comedy, but with the Sex and the City brand being a worldwide phenomenon, it looks to be a moneymaker at the end of the day with the domestic tally on its way across the $100M mark. Critics had mixed feelings.

Sex reunited Parker with co-stars Kim Cattrall, Cynthia Nixon, and Kristin Davis while recent Oscar winner Jennifer Hudson was added to the cast. The film arrived four years after the series finale of the award-winning program which was just the right amount of time. Enough of an appetite was generated without the franchise becoming irrelevant. It set a new benchmark for the biggest debut by a female-led film stealing away the record held for seven years by Angelina Jolie for her 2001 action hit Lara Croft: Tomb Raider which bowed to $47.7M. The Carrie-Big wedding saga was the fifth biggest opening ever for an R-rated film trailing The Matrix Reloaded ($91.8M), The Passion of the Christ ($83.8M), 300 ($70.9M), and Hannibal ($58M). For New Line which is being folded into Warner Bros., it was the best opening of any film since the end of the Lord of the Rings trilogy in 2003.

Studios often program female-skewing films into the summer movie calendar as a way to offer options to those not interested in the non-stop flow of action films. But rarely does one become so big that it overshadows more expensive tentpole franchise films.

In its second weekend, Indiana Jones and the Kingdom of the Crystal Skull fell by a moderate 54% from its potent opening frame and grossed an estimated $46M. The Paramount release averaged $10,788 from 4,264 locations and upped its cume to an amazing $216.9M after 11 days. The PG-13 film is now on par with fellow adventure sequel Pirates of the Caribbean: At World's End which reached a similar $217.5M total in 10.5 days at this point last year following its $44.2M sophomore weekend take. If Crystal Skull can manage the type of declines that Pirates saw last June then it could finish its run in the same neighborhood as the Johnny Depp threequel's $309.4M final.

Steven Spielberg's newest film shattered the $200M mark on Saturday in its tenth day of release and stands as the second biggest blockbuster of the year after Paramount sibling Iron Man. By next weekend, the new Indiana Jones will burst onto the list of Top 50 all-time domestic blockbusters. When it does, the film that it will boot off the list will be Raiders of the Lost Ark. [Source from: boxofficeguru.com]

# Title May 30 - Jun 1


Weeks
Cumulative Distributor










1 Sex and the City $ 55,740,000


1
$ 55,740,000 New Line
2 Indiana Jones and the Kingdom... 46,000,000


2
216,881,000 Paramount
3 The Strangers 20,710,000


1
20,710,000 Universal
4 Iron Man 14,000,000


5
276,625,000 Paramount
5 The Chronicles of Narnia: Prince Caspian 13,016,000


3
115,674,000 Buena Vista
6 What Happens in Vegas 6,850,000


4
66,074,000 Fox
7 Baby Mama 2,220,000


6
56,143,000 Universal
8 Speed Racer 2,140,000


4
40,558,000 Warner Bros.
9 Made of Honor 2,000,000


5
42,965,000 Sony
10 Forgetting Sarah Marshall 1,040,000


7
60,466,000 Universal

1 comment:

Anonymous said...

Hi. Has/will SATC be shown in the Malasysian cinemas? i want to watch!!!