Box-Office Wrap-Up: Global Domination for ‘Pirates of the Caribbean’ While Woody’s ‘Midnight’ Satisfies in Limited Release

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Well, summer is certainly underway now as Pirates of the Caribbean: On Stranger Tides opens with the fourth biggest global debut of all-time. It didn’t crack the $100 million mark domestically, which is continued proof 3D isn’t a draw as much as it is a way to hit consumer pockets harder, but its overseas take was massive.
Laremy predicted the #1 movie correctly 4 Weeks In A Row
No surprise here as Pirates of the Caribbean: On Stranger Tides takes the weekend box-office with $90.1 million ($21,685 per theater average), falling shy of the $100 million mark I’m sure Disney was hoping for, but it could have been worse as it held over nicely on Saturday. The film’s worldwide total sits at $346.4 million with an estimated $256.3 million from more than 70 markets making this the franchise’s best overseas opening. The question is whether or not we’re looking at a one weekend and done scenario or if it will continue to perform.

Pirates of the Caribbean: At World’s End dropped 61.5% in its second weekend in 2007 after opening with $114.7 million. Will this one follow suit and result in a $34.6 second weekend take? Next weekend it faces off against The Hangover Part II and Kung Fu Panda 2, which tells me that number looks very likely.

As far as predictions go, Laremy didn’t some nice work though he undershot it a smidge. On a reader-level new predictor “one for the money, two for the show” (maybe next time use a shorter name?) was almost spot on with a $90 million prediction. Nice work!

Result: $90.1 million
Laremy’s rank: Laremy picked it to finish #1 and his prediction of $84.42 million was $5.68m off for a percentage error of 6.3%.
Bridesmaids held on nicely after last weekend’s higher than expected opening only dropping 19.4% with a cumulative total now at $59.5 million. I think people are liking this one? Will it be able to hold up against The Hangover Part II next weekend and perhaps take a chunk out of that film’s opening expectations?
Result: $21 million
Laremy’s rank: Laremy picked it to finish #3 with $18.62 million, which is $2.38m off for a 11.33% error.
3. Thor
Thor crosses the $145 million mark, dropping 55.3% this weekend. The budget is a reported $150 million and it is now around $390 million worldwide. It seems the Avengers franchise is alive and kicking as the global box-office has grown to massive importance.
Result: $15.5 million
Laremy’s rank: Laremy picked it to finish #2 with $22.56 million, which is $7.06m off for a 45.55% error.
Fast Five is probably the story of 2011 so far on a blockbuster level (Insidious on a small scale) as it has now crossed $506 million worldwide with a domestic total approaching $200 million. I bet Universal can’t wait to get Fast Six into production.
Result: $10.6 million
Laremy’s rank: Laremy picked it to finish #4 with $12.27 million, which is $1.67m off for a 15.75% error.
5. Rio
On an animated scale Rio is the current talk of the year as it has now crossed the $131 million mark, but will Kung Fu Panda 2 quickly dethrone it? The original grossed $215 back in 2008, but I will say this one tiny thing… the sequel is good, but nowhere near as good as the original. I doubt you’re surprised to hear that.
Result: $4.65 million
Laremy’s rank: Laremy picked it to finish #6 with $5.44 million, which is $0.79m off for a 16.99% error.
Yikes, I guess a 69.2% dip for a film of this sort is to be expected as they’re made for opening weekends and DVD/Blu-ray releases.
Result: $4.6 million
Laremy’s rank: Laremy picked it to finish #5 with $5.83 million, which is $1.23m off for a 26.74% error.
This and Something Borrowed are in a tug-of-war match as Something Borrowed continues to win the week while Jumping the Broom keeps winning the weekend. This one currently sits at $31.3 cume while Something Borrowed is at $31.4. Which one will win overall?
Result: $3.7 million
Laremy’s rank: Laremy picked it to finish #8 with $3.5 million, which is $0.2m off for a 5.41% error.
I already mention the title to this film three times above, I don’t need to talk about it any further.
Result: $3.4 million
Laremy’s rank: Laremy picked it to finish #7 with $3.78 million, which is $0.38m off for a 11.18% error.
$52.4 million cume domestically and a total of $88 million worldwide on a $38 million budget. A below-the-radar success that will probably do well on home video.
Result: $2.1 million
Laremy’s rank: Laremy picked it to finish #9 with $2.43 million, which is $0.33m off for a 15.71% error.
The tenth slot couldn’t even manage $1 million. I weep.
Result: $0.99 million
Laremy’s rank: Not Ranked

In other news, Woody Allen’s Midnight in Paris opened in only six theaters, but managed a whopping $578,808 from those six for a $96,468 per theater, and I’ll tell you now, if you haven’t read my review, this is a good film and one I bet is going to have legs.

Other than that, it’s time for you to talk about this weekend as well as next.

What are your thoughts for next weekend as The Hangover Part II and Kung Fu Panda 2 come to town? For reference, The Hangover opened to $44.9 million in 2009 from 3,269 theaters and the original Kung Fu Panda opened to $60.2 million in 2008 from 4,114 theaters. Next weekend Kung Fu Panda 2 will apparently be getting approximately 3,800 theaters and The Hangover Part II will get 3,500+ theaters.

There’s a lot to consider next weekend, both are the first sequels in the respective franchises so the expectation would be to outperform the original film. Kung Fu Panda 2 is in 3D, which helps. The Hangover Part II has the current success of Bridesmaids to consider. Then there is Pirates of the Caribbean. Who you taking?

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