Monday, March 30, 2009

Monsters Attacks with $58M Box Office Debut

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LAST WEEKEND Following a very pricey marketing campaign, DreamWorks Animation's 3D animated film Monsters vs. Aliens delivered on its promises and attracted the largest opening weekend of any film this year leading the overall marketplace to its best performance in over a month. Big muscles were also flexed by Lionsgate which enjoyed one of its biggest horror openings ever with The Haunting in Connecticut which landed in second place with a powerful launch of its own. The top ten films sold $135M worth of ticket stubs making it the best non-holiday tally of 2009.

As the main event at the multiplexes this weekend, Monsters vs. Aliens captured an estimated $58.2M over the Friday-to-Sunday period to lead a busy frame at the box office. Paramount released the PG-rated hit in an ultrawide 4,104 locations averaging a stellar $14,181 per location. The numbers were helped by higher-priced tickets from the 1,550 theaters that featured the 3D presentation with most charging an extra $3 or so per stub. Many exhibitors allocated screens for both the 2D and more expensive 3D versions offering their customers a choice although most moviegoers chose to pay more for the extra dimension. Real D, the leading supplier of 3D equipment, reported that its screens accounted for about $25M, or 43%, of the total weekend gross.

Produced for $165M, Monsters got off to a superb start with $16.8M on Friday followed by a 45% surge on Saturday to $24.4M and an estimated 30% dip on Sunday to $17M.

It was the best opening of the year so far surpassing the $55.2M of Watchmen from the beginning of the month. For DreamWorks, it was the second largest opening for a non-sequel toon trailing Kung Fu Panda's $60.2M from last June by a slim margin. And for the month of March, Monsters delivered the third highest bow after 300 ($70.9M) and Ice Age: The Meltdown ($68M). Looking at admissions however, Monsters attracted about as many people as the first Ice Age and Shark Tale reached in their debut frames. Fox's Ice Age opened to $46.3M in March 2002 which would amount to roughly $58M at today's 2D ticket prices. The DreamWorks hit Shark Tale bowed to $47.6M in October 2004, or roughly $56M today.

But with schools taking breaks for Easter in the coming weeks, the long-term outlook seems bright for Monsters vs. Aliens. Fox has routinely scheduled family-friendly toons around the spring holiday with past March titles like Horton Hears a Who, Robots, and the Ice Age pics finishing with at least three times their opening weekend takes. That would put Monsters on course to reach the neighborhood of $175M domestically. Overseas markets should also generate plenty of heat given how strong toons do abroad. DreamWorks vaulted past the $400M mark overseas twice last year with Panda and Madagascar: Escape 2 Africa, although each had an internationally-set story. A global box office gross north of $500M for Monsters would not be surprising.

Young women looking for a scare powered the new supernatural thriller The Haunting in Connecticut to a stellar second place debut spending an estimated $23M over the opening weekend. With a teen-friendly PG-13 rating, the Lionsgate spookfest averaged a muscular $8,422 from 2,732 sites giving the distributor its best horror movie opening ever outside of the Saw franchise. Studio research indicated that 62% of the audience was female while 44% was between the ages of 17 and 24. Friday got off to a solid start with $9.6M, Saturday dipped 9% to $8.7M, and Sunday is estimated to fall by 46% to $4.7M. A creepy marketing campaign helped to excite the target audience which helped Haunting score the second biggest debut of the year for a fright film after only Friday the 13th's $40.6M from last month.

Last weekend's trio of new releases got bumped down two notches each but remained in the same order. The Nicolas Cage hit Knowing enjoyed a solid second weekend hold dropping just 40%, a low decline for a critically-panned sci-fi actioner, grossing an estimated $14.7M. After ten days, Summit has banked a solid $46.2M and could be headed for a $75-80M finish.

The smallest dip in the top ten was generated by the buddy comedy I Love You, Man which slid only 29% to an estimated $12.6M giving Paramount $37M after ten days of play. Julia Roberts and Clive Owen witnessed a larger 46% fall for their spy pic Duplicity which followed with an estimated $7.6M for a cume of $25.6M. Final grosses should reach around $70M and $45M, respectively. Starpower may help Universal's caper flick do better in international waters.

With families getting their 3D kick this weekend, Disney's Race to Witch Mountain took a big hit falling 56% to an estimated $5.6M. Total is $53.3M in 17 days.

Opening poorly in seventh with an estimated $5.3M was the cop actioner 12 Rounds which averaged a mere $2,274 from 2,331 locations. Starring wrestler/actor John Cena, the PG-13 film played to young males and came in below the $7.1M bow his film The Marine from 2006. Though drawing big numbers on television and even pay-per-view, producer World Wrestling Entertainment has struggled to make the leap to the big screen with its ventures. Fox handled distribution duties on 12 Rounds.

# Title Mar 27 - 29

Theaters

Cumulative Distributor










1 Monsters vs. Aliens $ 58,200,000

4,104

$ 58,200,000 Paramount
2 The Haunting in Connecticut 23,010,000

2,732

23,010,000 Lionsgate
3 Knowing 14,700,000

3,337

46,215,000 Summit
4 I Love You, Man 12,600,000

2,717

37,007,000 Paramount
5 Duplicity 7,556,000

2,579

25,639,000 Universal
6 Race to Witch Mountain 5,637,000

3,268

53,295,000 Buena Vista
7 12 Rounds 5,300,000

2,331

5,300,000 Fox
8 Watchmen 2,755,000

2,010

103,296,000 Warner Bros.
9 Taken 2,700,000

1,961

137,074,000 Fox
10 The Last House on the Left 2,611,000

2,251

28,459,000 Universal

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