Box-Office Wrap Up: ‘Hangover 2’ Scores $118 Million in Largest Memorial Day Weekend Ever

Well, we have a record three-day Memorial Day weekend as the top ten films took in an estimated $213.6 million, which eclipses 2007’s previous record. Does this mean the movies are better or that people finally decided the films being offered were decent enough to take to the theaters? Because, let’s face it, this year hasn’t exactly been the year for an abundance of stellar film offerings… Let’s break it down.
Laremy predicted the #1 movie correctly 4 Weeks In A Row
Laremy was off on this one as well, but high this time as Kung Fu Panda 2 is off to a slower start than the original. If you ask me how do I account for this, my answer is 3D. I think people are tired of paying too much money for something that adds nothing to a film and when you start talking about a family going to the movies, is it really worth $100 to see a talking Panda Bear?

On the reader side of things Rach was closest with a $58.7 million prediction, which is astonishing considering that is still $10.7 million off. A lot of readers had this one around $80-90 million and winning the weekend. That didn’t happen.

Result: $48 million

Laremy’s rank: Laremy picked it to finish #2 with $56.912 million, which is $8.912m off for a 18.57% error.
Down 56.4% from last week, but now over $152 million domestically and at approximately $646.5 million worldwide in only two weeks. Come on, that’s pretty amazing. How high can this one go?
Result: $39.3 million

Laremy’s rank: Laremy picked it to finish #3 with $34.06 million, which is $5.24m off for a 13.33% error.
The best studio comedy of the year thus far did better than I anticipated yesterday morning and dipped only 21.6% as comedy clearly ruled the box-office this weekend. Bridesmaids is now just shy of $85 million and will become the ninth film of 2011 to hit $100 million by next weekend. Good stuff.
Result: $16.3 million

Laremy’s rank: Laremy picked it to finish #4 with $14.845 million, which is $1.455m off for a 8.93% error.
5. Thor
Thor is still hanging on out there, now at $159.7 million domestically and close to $410 million worldwide after dropping 39.4% this weekend. I just wonder, with a reported budget of $150 million and what has to be around another $50 million just for advertising, is this film really all that much of a success or just sort of a “ho-hum” effort that keeps the Avengers franchise alive?
Result: $9.3 million

Laremy’s rank: Laremy picked it to finish #5 with $7.14 million, which is $2.16m off for a 23.23% error.
Fast Five is now at $545 million worldwide. Did you ever see that coming?
Result: $6.6 million

Laremy’s rank: Laremy picked it to finish #6 with $5.08 million, which is $1.52m off for a 23.03% error.
Last weekend Woody Allen’s latest managed $99,834 per theater from four theaters, this weekend it expanded to 58 theaters and scored a solid $33,086 per. The film still has plenty of cities to open in and will hopefully continue on strong as it is a very good film.
Result: $1.91 million

Laremy’s rank: Not Ranked
This movie is still around and I don’t really have much to say about it.
Result: $1.9 million

Laremy’s rank: Laremy picked it to finish #10 with $1.459 million, which is $0.441m off for a 23.21% error.
Ditto.
Result: $1.8 million

Laremy’s rank: Laremy picked it to finish #9 with $1.56 million, which is $0.24m off for a 13.33% error.
10. Rio
Still, no word on a Rio 2, but screenwriters Joshua Sternin and Jeffrey Ventimilia are all set to pen Yogi Bear 2. Who would’ve thought that sequel would be announced first?
Result: $1.78 million

Laremy’s rank: Laremy picked it to finish #7 with $1.952 million, which is $0.172m off for a 9.66% error.

The one other film worth mentioning is Terrence Malick’s The Tree of Life, which finally opened this weekend in four theaters, two in Los Angeles and two in New York. The film brought in an estimated $352,000 for a whopping $88,000 per theater average. That’s a lot.

As for next weekend, X-Men: First Class is obviously the big ticket draw but I have to tell you, Beginners is opening in something like 5 theaters next weekend. It is a film to look out for as it is one of the best I’ve seen all year.

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