Weekend Box Office Report: ‘Guardians of the Galaxy’ Soars, ‘King Arthur’ Crashes
On Thursday evening, plenty of executives went to bed with dreams of big opening weekend numbers in their head. Could the movie about a magical sword unseat the movie about a talking tree? Or would a mother-daughter comedy with just the right release date unseat a pair of battling sisters? Now that we’ve reached the end of the holiday weekend, we finally have the numbers, and it turns out the answer was no and no, respectively. Here’s this past weekend’s grosses as of Sunday afternoon:
|1||Guardians of the Galaxy Vol. 2||$63,007,000 (-57%)||$14,494||$246,164,419|
|3||King Arthur: Legend of the Sword||$14,700,000||$3,971||$14,700,000|
|4||The Fate of the Furious||$5,301,160 (-38%)||$4,364||$215,035,090|
|5||The Boss Baby||$4,600,000 (-23%)||$1,580||$162,379,270|
|6||Beauty and the Beast||$3,860,000 (-24%)||$1,777||$493,191,164|
|7||How to Be a Latin Lover||$3,750,000 (-27%)||$3,339||$26,143,001|
|9||The Circle||$1,740,000 (-56%)||$816||$18,902,562|
|10||Baahubali 2: The Conclusion||$1,550,000 (-54%)||$4,133||$18,934,072|
Let’s start with the new releases. The most successful of the bunch, Snatched, opened in second place with $17.5 million, a somewhat disappointing number when you consider the big opening of Amy Schumer’s 2015 comedy Trainwreck ($30 million) and the fact that Snatched was timed to Mother’s Day weekend. While the film received mostly middling reviews from critics — that 36% RottenTomatoes score certainly didn’t do it any favors — don’t be surprised if you hear producers bring up iMDB scores as a reason for the film’s softer opening. It’s worth noting that 68.8% of all men who reviewed Snatched gave it one star, artificially deflating its overall score. Good job, dudes, you’ve made quite the statement.
In third place with $14.7 million is King Arthur: Legend of the Sword, and… well, there’s just no other way to say this, folks. This one’s a bomb. A film that cost $175 million to make cannot afford to only gross $14.7 million in its opening weekend — especially not if it’s only going to gross $29 million on the international market — and as things stand, King Arthur would be lucky to break $100 million at the global box office. Guy Ritchie has spent an entire press junket discussing the disappointing release of The Man From U.N.C.L.E., but at only $75 million, that movie at least broke even. This is the kind of box office performance that could bump the director off a lot of Hollywood shortlists, even if King Arthur is more fun than most give it credit for (that’s my hill and I’m dyin’ on it).
Our final new release, Lowriders, only made $2.4 million in eighth place, but that’s hardly the whole story. With a limited release of 295 theaters, Lowriders is this weekend’s most successful new release on a per-theater basis, grossing $8.1k per screen compared to the $4.9k and $3.9k of Snatched and King Arthur, respectively. It seems like every week we point to a new release as proof that diverse casts will bring in diverse (and robust) audiences; between this and Get Out, Blumhouse seems to be leading the pack when it comes to turning tight budgets and diverse casts into box office glory.
That does it for the new releases, so let’s finally give Guardians of the Galaxy Vol. 2 its due for another monster weekend. Sitting atop the list with $63 million, Guardians is still on pace to easily pass the domestic and international grosses of its predecessor, already cracking $630 million at the global box office. As with most blockbusters, where it ends up on the charts is entirely dependent on how gradually it declines: Guardians couldn’t match the big opening of a movie like Iron Man 3, but with a little bit of luck, it might still be able to slip into the Top 5 list of all Marvel movies, regardless of studio.
The Fate of the Furious is in fourth place with $5.3 million, pretty much keeping it on pace with Fast & Furious 6 at the domestic box office. As we’ve discussed at length in these recaps, Fate of the Furious is no Furious 7 — there are certainly some extenuating circumstances with that one — but with $1.1 billion already in Universal’s pockets, I’m pretty sure they’ll be content to slot this film in as only the second most successful entry in the franchise.
Fifth and sixth place are occupied by the Wonder Twins, The Boss Baby and Beauty and the Beast, who, at this rate, will probably both fall off the charts in the exact same weekend. The Boss Baby grossed $4.6 million in fifth place while Beauty and the Beast earned $3.8 million in sixth; that means The Boss Baby is inching ever closer to that magical $170 million mark, a number which no DreamWorks Animation film with a budget of $50 million has failed to reach. Beauty and the Beast, by the way, recently slipped past Finding Dory to become the fourth-highest grossing Disney movie of all time. Golf claps for everyone.
How to Be a Latin Lover holds steady in seventh place with $3.75 million, bringing its domestic gross $26 million, nearly three times its $10 million budget. We’re still waiting on some international numbers for this one; as well as it has done on the domestic market, the gross in Latin American countries could make this a quiet juggernaut for Pantelion. Skipping over Lowriders, we find The Circle in ninth place with $1.7 million, ensuring that the film has at least broken even in the domestic market. That’s not the kind of numbers STX was looking for, but maybe this is a situation where you take your loss and come back to work on Monday morning. Finally, in 10th place with $1.5 million is Baahubali 2: The Conclusion, the Indian juggernaut that has already grossed $18.9 million in North America. That $18.9 million, by the way, pushes it just above The Circle’s box office gross to date. Just saying.