Crazy Rich Asians Wealthier Than Meg At Weekend B.O. With $21M+ – Saturday AM

Films

Warner Bros.

WRITE-THRU SATURDAY AM: following Friday midday post:According to industry estimates, Warner Bros. Crazy Rich Asians is still looking to best the studios shark movie The Meg for the top-spot at the weekend B.O., $21.6M to $20M. Crazy Rich Asians won Friday with $7M, to Megs $5.9M.

Even if Saturday sends Meg over the top for the three day crown, its still a win for Crazy Rich Asians. Heres the first Hollywood studio movie in 25 years about westernized Asians, made by them, and starring them, and theres a notable mass appeal for the film. There were hardly any B.O. comps for a romantic comedy like this, and Warner Bros. gets credit here for taking a chance, embracing and backing director Jon M. Chus vision of Kevin Kwans bestselling novel, and cultivating a larger platform for inclusive storytelling. Warners released Crazy Rich Asians at 3,384 theaters, knowing that the pic would play broadly, specifically to female audiences. The last big studio Asian drama, Sonys Memoirs of Geisha (directed by Rob Marshall), opened during the 2005 holiday awards season and never played beyond 1,700 theaters. By the end of Monday, Crazy Rich Asians will easily outstrip the entire domestic box office run of 1993s The Joy Luck Club ($32.9M). Also Crazy Rich Asians 5-day start of $30.4M is a solid start in regards to the movies $30M production cost.

While key Asian American metropolitan markets drove the pics opening day ticket sales on Wednesday, we hear that business has broadened out. On Friday afternoon, we heard that the pic was over-indexing on the west coast in Seattle, Los Angeles, San Francisco and San Diego. In updated ComScore/Screen Engine PostTrak polls, women at 68% rep the pics biggest audience with the 25+ crowd turning out at 66%.

Also in PostTrak exits, Asian moviegoers repped 38% of Crazy Rich Asians audience to Caucasians 39%, the former being a huge number. Over the last three years, those live-action titles showing the biggest turnout by Asian moviegoers per PostTrak include 2017s The Foreigner (18.4%), 2016s Warcraft (11.9%) and 2015s Mission: Impossible – Rogue Nation (14%). Wednesday CinemaScore audiences gave the Chu-directed movie an A, while PostTrak, which polls throughout the weekend, shows a current four-and-a-half stars and overall 85% positive with a 65% definite recommend.

With the top two pics this weekend, its an embarrassment of riches for Warner Bros., and its the fifth time this year that the Burbank lot has notched No. 1 after Ready Player One, Rampage, Oceans 8 and The Meg.

STXs Mile 22 is close to being the lowest opening for a Peter Berg-Mark Wahlberg combo with $14.3M, well below the wide debut of their Lone Survivor ($37.8M, $125M) and Deepwater Horizon ($20.2M, $61.4M final), and just ahead of Patriots Day ($11.6M, $31.9M). Pics projected start is also below the high teens that some tracking services were spotting. Critics hate Mile 22 at 20% Rotten, calling this movie about “a black ops unit escorting a whistle-blower through dangerous streets” (Rolling Stone) confusing, and a chaotic mess. It also doesnt help that the film is following in the wake of the best received and reviewed Mission: Impossible of all-time. Fallout is bound to be the highest grossing title in the franchise of all-time stateside, passing Mission: Impossible IIs $215M. This weekend the sixthquel soaked up $10.9M in fourth place, -43% in weekend 4. Yes, Mile 22 is beating Fallout, but thats possibly $10M-plus that could be in STXs pocket.

We hear that Mile 22 cost roughly 60% less than Berg-Wahlbergs $118M Deepwater which failed to come up for air at the global B.O. ($121.7M). Knowing STX they likely covered more than half the budget in foreign sales, and spent less than the majors average P&A (in this case around an estimated $30M). Some distribution executives think that Mile 22 has a better chance of legging out abroad, certainly better than Studio 8/Sonys Alpha. However at this start stateside, Mile 22 is nothing memorable theatrically. Its greater glory lives on in home entertainment where these male genre action pics have a greater chance of nickels after running out of bullets at the B.O., read this years STXs Den of Thieves ($15.2M, $44.9M) and Lionsgate/Studio Canals The Commuter ($13.7M, $36.3M). Overall CinemaScore is B- for Mile 22 which is lower than Patriots Day and Lone Survivors A+ and Deepwaters A-. Mile 22 gets two-and-a-half stars on PostTrak and a 63% overall positive with men 25+ repping 49% of its ticket buyers.

With an estimated $9.4M in 6th place and a budget in the high $50Ms, Alpha is a bust. An opening in the high $20M sphere would have been considered safe. Nonetheless, the Ice Age adventure has hooked critics with an 84% fresh Rotten Tomatoes score, but note RT tends to skew in favor of auteurs, and this one reps Albert Hughes solo directorial sans twin brother Allen.

Critics such as Varietys Owen Gleiberman say that Alpha is “like a Disney adventure fueled by a higher octane of visual dazzle, with a gnarly texture wrought from elements like blood, excrement, and maggots”; that the movie is a “prehistoric eye-candy survival yarn”. However, Alpha is for critics, and not for the masses, evident in how moviegoers are voting with their wallets on this one; that B+ CinemaScore unlikely to make a difference here. The pics pace is slow, and we hear that the test scores were pretty bad.

Sony jumped this one around the calendar trying to make it work, initially on Sept. 15, 2017, then March 2 of this year, then Sept. 14 (a date that Studio 8s White Boy Rick now owns following its TIFF premiere), and finally this weekend. Given the great critical response here, it might have been a good idea to launch Alpha at a fall festival. If that option wasnt available, it appears that Sony was aiming to grab whatever remnants were left of the out-of-school crowd (which according to ComScore declined from 82% last Friday to 57% yesterday for K-12). Recent TV spots are emphasizing the family facets of the film in its boy-meets-wolf tale versus the intense adventure of the first trailer that dropped a year ago. One rival studio marketing executive says, “Its definitely not for kids.” PostTrak shows general audiences making up 62% of Alphas crowd, to 25% kids, and 13% parent. Males 25+ made up the largest segment at 28% followed by females under 25 (25%), females 25+ (24%) and males under 25 (23%). RelishMix on the social buzz for Alpha:Moviegoers are unconvinced by the action, the unknown cast, the cheesy looking effects and how similar this movie looks to other recent films – like 10,000 B.C.”

Sony Pictures Classics

On the specialty side, Sony Pictures Classics The Wife from Bjorn Runge is showing the best theater average of the weekend with an estimated $28,6K at four theaters or $115K. The Orchards We the Animals is second with $22,3K at $67K at three locations. Jesse Peretzs Juliet, Naked starring Rose Byrne, Ethan Hawke and Chris ODowd is earning $14,3K at four theaters for a FSS of $57K. Roadside Attractions, with Lionsgate, took U.S. rights to the dramedy out of Sundance.

Industry estimates for the weekend of Aug. 17-19:

thumb rank film dis. screens (chg) fri 3-day (-%) total wk
1 Crazy Rich Asians WB 3,384 $7M $21.6M $30.4M 1
2 The Meg WB 4,118 $5.9M (-65%) $20M (-56%) $82.6M 2
3 Mile 22 STX 3,520 $5.4M $14.3M $14.3M 1
4 M:I – Fallout Par/Sky 3,482 (-406) $3M (-42%) $10.9M (-43%) $181.1M 4
5 Christopher Robin Dis 3,602 $2.7M (-26%) $9.6M (-25%) $67.6M 3
6 Alpha S8/Sony 2,719 $3.3M $9.4M $9.4M 1
7 BlacKkKlansman Focus 1,788 (+276) $2M (-44%) $6.8M (-37%) $22.8M 2
8 Slender Man Sony 2,358 $1.4M (-71%) $4.3M (-62%) $20M 2
9 Mamma Mia 2 Uni 2,270 (-542) $1M (-37%) $3.5M (-40%) $111.3M 5
10 hotel Transylvania 3 Sony 2,187 (-402) $966K (-32%) $3.4M (-35%) $153.3M 6

UPDATE FRIDAY AM: In early morning estimates, Warner Bros. Crazy Rich Asians brought in $3.76M, -26% from Wednesdays $5M, and taking its two-day take to $8.7M. This puts the Jon M. Chu-directed romance pic on track for a $25M-$27M five-day opening. Over three days, Crazy Rich Asians is looking at $16M-$18M, which may not be enough to beat Warner Bros./China Gravitys shark movie, The Meg, in week 2 which is projected to post around $20M.

Meg drew $3.2M yesterday, -6% from Wednesdays $3.4M, and taking its first weeks cume to $62.6M. The studios opening day figure of $5M for Crazy Rich Asians was above the $4.8M-$4.9M that rivals were spotting. The pic which stars a huge ensemble casts which includes Constance Wu, Henry Golding, Michelle Yeoh, Awkwafina and Ken Jeong to name a few was reportedly made for $30M before P&A.

Mile 22

STX Entertainment held previews for the Peter Berg-Mark Wahlberg combo Mile 22 earning $1M at 2,600 locations. Pic expands to 3,520 including plays in Imax, PLF, Dolby Vision, Marcus Super Screens and RPX, and is projected to do between $14M-$19M. In the film Wahlberg plays James “Jimmy” Silva, an operative of the CIAs most highly prized and least-understood unit. Aided by a top-secret tactical command team, Silva must retrieve and transport an asset who holds life-threatening information to Mile 22 for extraction before the enemy closes in. The action pic unfortunately has the worst reviews ever for a Berg-Wahlberg combo at 24% Rotten, far under Patriots Day (80% fresh certified), Deepwater Horizon (83% certified fresh) and Lone Survivor 76% certified fresh). Stateside wide breaks and openings for team Berg-Walhberg: Lone Survivor ($37.8M, $125M), Deepwater ($20.2M, $61.4M final) and Patriots Day ($11.6M, $31.9M).

Sony Pictures

Studio 8/Sonys Alpha took in $525K for Thursday night previews starting at 5 p.m. in 2,303 locations. Tracking has the Ice Age adventure pic between $7M-$8M. The movie cost in the high $50Ms before P&A. Logline for Alpha: a young man struggles to return home after being separated from his tribe during a buffalo hunt.

UPDATE, THURSDAY AM: Warner Bros. is reporting that Crazy Rich Asians grossed $5M on its opening day with a super solid A CinemaScore. PostTrak exits show 85% overall positive, 4 1/2 stars and a great 68% definite recommend. This adjusts the 5-day box office to between $23M-$25M.

On CinemaScore there was a 68% turnout by females, and 32% males, both who gave the Jon M. Chu-directed movie an A. The under 18 bunch who turned up at 12% loved Crazy Rich Asians the most with an A+ while 66% over 25 gave the movie an A. Over 50 demo who turned out at 17% graded the movie an A-. PostTrak, which updates exit polls throughout the weekend, last night saw a 42% turnout from females over 25, with the second biggest demo being females under 25 at 24%. Asian audiences turned out in a huge way at 44%, while Caucasians repped 32%, African Americans 11% and Hispanic 10%.

We hear that the best markets for Crazy Rich Asians were New York, Los Angeles, San Francisco, Washington DC, Seattle, San Diego, Austin, Honolulu, Toronto and Vancouver.

Meanwhile, the studios Chinese co-production The Meg took second place on Wednesday with $3.4M, -43% from Tuesdays $6M for a six-day running total of $59.4M. Box office analysts believe that Crazy Rich Asians can upset the shark for a weekend win around $20M. Still TBD. It will be close.

STX Entertainments Mile 22 is opening tomorrow and holding previews tonight. Tracking has the movie in the high teens. Studio 8/Sonys Ice Age adventure Alpha is also opening, and expected to do between $6M-$8M.

PREVIOUS, WEDNESDAY: Warner Bros fantastic week at the box office continued with the Wednesday opening of Crazy Rich Asians. Early midday estimates show a $6 million-plus start, which would put the watershed film on a course for a $28M-$29M five-day total, and around $19M for Friday-Sunday.

The studio didnt hold previews last night for Crazy Rich Asians because today is technically like a preview more or less. A week ago at 354 locations, Warners held sneaks for the Jon M. Chu-directed movie, which earned $450K-$500K. Crazy Rich Asians is the first studio-made movie (not acquisition or classic unit release) in 25 years to feature a mostly Western Asian cast, the last being 1993s Joy Luck Club.

Warner Bros.

The studios China Gravity co-production The Meg is staying solid, looking at a projected $4M today after a $6M Tuesday that was 33% above Monday. Total cume through six days is estimated at $60M. On a local level, Regals first ScreenX auditorium is opening Friday at the Edwards Irvine Spectrum and will be showing the shark pic.ScreenX is a 270-degree, three-screen format that makes Cinerama Dome look like childs play. Its the first CJ 4DPlexs ScreenX expansion into the U.S. in partnership with Regals exhib parent Cineworld.

The release of The Meg in ScreenX is part of a larger agreement with Warner Bros to release several of the studios upcoming titles in the format including The Nun, Aquaman and Shazam!

While Fandango already reported that advance ticket sales for Crazy Rich Asians were beating Girls Trip at the same point in time before that pics opening, Atom Tickets shows that the Warner Bros pic is outpacing Mamma Mia!: Here We Go Again by 16%, in addition to Girls Trip, in presales.

In a recent survey of Atom users, 65% of the respondents are planning to see Crazy Rich Asians on the big screen despite the fact that only 8% of intended moviegoers read the book by Kevin Kwan. In an Atom poll, moviegoers said they plan on seeing the movie with their significant other (38%) or friends (32%), while 12% plan to see the movie solo.

Original Article

[contf] [contfnew]

Deadline

[contfnewc] [contfnewc]

Leave a Reply

Your email address will not be published. Required fields are marked *