PREDICTED WEEKEND BOX OFFICE
This summer's disappointing box office got a much needed injection of excitement last weekend with it's $100 million plus earnings from the opening of Toy Story 3 and even with two major new contenders, Grown Ups and Knight and Day, entering the charts this week the critically raved Pixar film managed to hold on to the number one spot for a second week in a row with an additional $59 million.
Toy Story 3 features the return of Woody, Buzz and all your favorite toys along with an all-star cast of voice actors, which include Tom Hanks, Tim Allen, Joan Cusack, Michael Keaton, Wallace Shawn, John Ratzenberger, Jodi Benson, Don Rickles, Estelle Harris, Ned Beatty, Timothy Dalton, Jeff Garlin, Kristen Schaal and Whoopi Goldberg. While the film did drop almost 50% from it's opening weekend, it still managed to earn an impressive $14,647 on each of it's 4,000 plus screens. In fact, the movie made around $18 million on Friday alone. Now in just two weeks the film has earned roughly $226 million, surpassing it's $200 million production cost and making it by far one of the biggest hits of the summer.
Debuting at number two is the family comedy Grown Ups about five childhood friends who reunite 30 years later for a vacation with their families staring the comedy "Dream Team" of Adam Sandler, Chris Rock, Kevin James, David Spade, and Rob Schneider. The film had a decent opening bringing in almost $14.5 million on Friday alone and went on to earn around $41 million for the weekend. The film was released on 3,534 screens and made around $11,602 on each. With a production budget estimated between $70 and $80 million, the studio is well on its way to earning back its initial investment.
Opening at a somewhat underwhelming third place, considering who stars in the movie is the action/comedy Knight and Day about an ordinary girl who unintentionally gets involved with a secret agent starring super star actors Tom Cruise and Cameron Diaz. The film actually had a two-day head start on Grown Ups, opening on Wednesday, and still only managed to make a disappointing $3.8 million on its opening day. The film was seen on 3,098 screens and earned $6,617 on each for a weekend total of around $27 million, which is a far cry from its purported $125 million production cost.
Dropping two places from number two last week to number four this week is the re-make of the classic Ralph Macchio and Pat Morita underdog story The Karate Kid. The film moves the action from California to China and stars Jaden Smith and Jackie Chan in the lead roles. The movie was produced by Smith's superstar parents Will Smith and Jada Pinkett Smith. While the film did drop almost 48.5% from the previous week it was added in seventy-seven theaters and managed to make around $4,118 on each of its 3,740 screens, earning an additional $15.4 million this weekend. The movie has now made an impressive $135 million in just three weeks of release, far surpassing its $40 million production cost.
Finally, rounding off the top five this week is the big screen adaptation of the classic '80s TV show, The A-Team, which starred George Peppard, Dirk Benedict, Dwight Schultz and Mr. T. The A-Team features an all-star cast which includes Liam Neeson as Col. Hannibal Smith, Bradley Cooper as Face, Quinton Jackson as B. A. Baracus and Sharlto Copley as Howling Mad Murdock, who together are an elite unit of soldiers of fortune, eventually living in the Los Angeles underground, hunted by the government for a crime they didn't commit. The movie dropped 58.3% this week and was seen in three hundred and two less theaters than the week before. Still the film managed to earn roughly $1,851 on each of its 3,242 screens for an additional $6 million this weekend. The film has now earned around $62 million in three weeks but will still have a ways to go if it hopes to earn back its $110 million production cost.
Doing well in limited release this week is Oliver Stone's new documentary South of the Border about Venezuela's controversial President Hugo Chavez. The film only opened on one screen but managed to earn roughly $21,000 in it's opening week.
Also doing well in limited release is the documentary Restrepo about the Afghanistan War. The movie was seen in only two theaters but earned around $15,250 on each for an opening weekend total of around $30,500.
Next week will see the release of two highly anticipated new films in wide release and one in limited release over the 4th of July weekend. First up is the long awaited third chapter of the phenomenally popular Twilight film series, The Twilight Saga: Eclipse, starring Kristen Stewart, Robert Pattinson, (Taylor Lautner, Dakota Fanning, Anna Kendrick, Ashley Greene, Peter Facinelli, Billy Burke and Bryce Dallas Howard.
Finally, in limited release next week is Ray director Taylor Hackford's new film, Love Ranch, based on a true story about a legal Reno brothel in the late '1970s starring Oscar winners Helen Mirren and Joe Pesci. So please check back in seven days to see who comes out on top at the box office next week!