Box-Office Wrap-Up: Dec. 3 – Dec. 5, 2010

There is a lot to talk about this weekend, from the top ten to the limited releases. So let’s bust this thing out and let you start talking in the comments.
Laremy predicted the #1 movie correctly 5 Weeks In A Row
I may have underestimated Tangled‘s ability to perform over Saturday and Sunday, but I was spot on with Harry Potter and the Deathly Hallows: Part 1 as I expected that $4.8 million Friday to turn into $16.5 million for the weekend. Okay, I was $0.2 million off, but what’s a couple hundred thousand?

One commenter compared Potter‘s performance to The Twilight Saga: New Moon as this is now its second weekend in a row with a 60+ percentage drop. It’s an apt comparison in terms of numbers. Does this mean we should expect a 48% drop next week?

Or perhaps an even better question is to wonder how does this bode for Harry Potter and the Deathly Hallows: Part 2? I have a feeling Part 2 will actually end up being the highest grossing Potter, which isn’t exactly going out on a limb since it will be in 3D, but I think it would achieve that goal no matter what simply due to the fact it’s the last in the series and because I expect it will be the best of the series, especially if you consider the two parts as one whole.

As for user predictions, only two people felt comfortable going below $20 million and Gophers Attack! was the closest with $18.8 million. Nice work.

Result: $16.7 million

Laremy’s rank: Laremy picked it to finish #2 with $20.62 million, which is $3.92m off for a 23.47% error.
There seems to be a tie for third so we’ll start with Unstoppable and its 46% drop from last weekend as it is now over $68 million domestically. Too bad this film has that massive production budget or we’d be talking about this film in much more glowing terms.
Result: $6.1 million

Laremy’s rank: Laremy picked it to finish #4 with $5.92 million, which is $0.18m off for a 2.95% error.
Made for a reported $55 million, Burlesque has now made almost $27 million in its first two weeks and after this weekend’s 49% dip I don’t think it’s performing as well as Screen Gems hoped it would. Does this mean this will be the last time we see Aguilera in a film? When will we see Cher again?
Result: $6.1 million

Laremy’s rank: Laremy picked it to finish #5 with $5.68 million, which is $0.42m off for a 6.89% error.
Another second week film following up a poor Thanksgiving weekend opening is Love and Other Drugs, which actually suffered the smallest dip out of any of the Thanksgiving openers at 41%. Unfortunately we’re talking about a film that didn’t have too far to drop as it is now approaching $23 million domestically, but at least it only has that tiny $30 million budget to cover making it a better story than the rest.
Result: $5.7 million

Laremy’s rank: Laremy picked it to finish #6 with $5.36 million, which is $0.34m off for a 5.96% error.
Megamind continues to stick around, battling a $130 million production budget and now grossing over $136 million domestically. The 60% drop from last weekend is a bit of a misnomer considering this film enjoyed a family weekend bump over the holidays that it couldn’t have possibly carried over to this weekend. However, I am beginning to wonder if worldwide box-office will end up being enough to have DreamWorks considering a sequel.

It was reported earlier this week DreamWorks was looking at a total of six Kung Fu Panda films, two more films in the How to Train Your Dragon franchise and even a likely fourth Madagascar film after Madagascar 3 in May 2012. Why not toss a Megamind 2 in for good measure now that the Shrek franchise has run its course?

Result: $5 million

Laremy’s rank: Laremy picked it to finish #3 with $6.52 million, which is $1.52m off for a 30.4% error.
Due Date is now over $90 million, which finally means that $65 million production budget doesn’t look so bad, but just imagine the profits had this film been made for $35 million, which I am still confused as to why it wasn’t. How much of that budget is Downey’s salary?
Result: $4.2 million

Laremy’s rank: Laremy picked it to finish #9 with $3.23 million, which is $0.97m off for a 23.1% error.
Faster was made for $24 million, has now earned $18 million and lost a man his job. I actually don’t think they could have expected much more than what they got for this film, which after TV rights, DVD and Blu-ray it should break even.
Result: $3.8 million

Laremy’s rank: Laremy picked it to finish #8 with $3.24 million, which is $0.56m off for a 14.74% error.
Oh hey, look, the weekend’s only wide release newcomer is here. The Warrior’s Way opened in 1,622 theaters and made $1,881 per. John Debono was right on the money with a $3 million prediction, but a lot of you were close on this one.
Result: $3 million

Laremy’s rank: Laremy picked it to finish #7 with $4.5 million, which is $1.5m off for a 50% error.
And finally, The Next Three Days dipped 43%. Have any of you gone to see this yet? Thoughts?
Result: $2.6 million

Laremy’s rank: Not Ranked

As for the film I’m sure you’re all wondering about, Darren Aronofsky’s new release, Black Swan, opened in 18 theaters and earned a highly impressive $1.3 million for a $77,444 per theater average. Now that is called killing it. The film expands into more theaters next weekend, and you can click here to see when it’s coming your way.

Continuing on the limited release track, Danny Boyle’s 127 Hours with $1.6 million from 433 theaters for a per theater average of $3,695. Summit’s Fair Game is still performing modestly in limited release with $1 million from 436 theaters.

In its second weekend, The King’s Speech added two theaters to grow to playing in a whopping six and made $326,000 for a $54,333 per theater average. I Love You, Phillip Morris opened this weekend, also played in six theaters and made $113,000 for an $18,833 average. And finally, All Good Things played in two theaters and made $40,000 and I will let you figure out the per theater average on that one as I don’t think I need to tell you.

Now it’s time for your comments, there’s a lot to talk about with the numbers above, but next weekend sees the release of The Chronicles of Narnia: The Voyage of the Dawn Treader and The Tourist as the weekend’s two big wide releases. How will they fair? I can tell you I saw Narnia on Saturday morning and it is a much better film than the first two and I expect reviews will definitely reflect that.

In limited release you have The Fighter and The Tempest. Anyone care to place a wager on how those two will perform in five and four theaters respectively?

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