Box-Office Oracle: How Many Millions Will ‘The Avengers’ Assemble?
By
Laremy Legel
To put my prediction in historical perspective, this would be a top 5 weekend of all time (not factoring in inflation). But it won’t sniff Harry Potter and the Deathly Hallows: Part Two‘s monster $169 million weekend and The Dark Knight‘s $158 million can rest easy as well. But how did we get to this number? Where should your own magic dart land? Let’s break it down!
Laremy predicted the #1 movie correctly 0 Weeks In A Row
The two big tracking metrics were released, and they came in at $140 million and $160 million, respectively. If you’d like to follow along at home those tracking services are called Major Theater Chain (or MTC) and Reel Source (or RS). To go further down this rabbit hole, when MTC tracking is lower than RS, as it is for The Avengers, then you’ve got a great chance it will go lower than both estimates. For trivia’s sake, when MTC is higher than RS tracking the actuals tend to come in higher than both. Now then, there are exceptions (Inception was an actual $62 million off $48 MTC/$60m RS), but the warning flag has been raised.
Still, we can muddy these waters a bit more, yes? Our pals at Fandango (seriously, we do drinks) reported this morning that “More than 1,000 showtimes already sold out in advance of its Friday opening”. The anticipation is definitely there. Now throw in the $281 million The Avengers has cleared internationally and the picture looks particularly rosy.
I went so far as to try and work up some predictive power from Australia and the UK’s opening numbers, but there’s just not a large enough data set. Big films opening overseas prior to a domestic release is a relatively new phenomenon. Which brings us to the cold, harsh reality of prediction, the attempt at a middle. People definitely want to see this film, but theaters are only so big, and the targeted demo is a finite resource. I’ve placed it at $36k per theater, very healthy, but not enough to set the record for May (Spider-Man 3).
The amazing untold story is that this film won two weekends in a row with a mere 2,015 theaters. When is the last time that happened? No, I’m not sure either, that’s why I’m asking.
If we’re picking nits, and really that’s all that’s left to do seven weekend into this title, then you could say Summit needs to do more to make this accessible to international markets.
My next contract for RopeofSilicon.com will include a provision where I don’t have to discuss Nicholas Sparks’ films in any format, under any circumstances.
Two Joss films in the top ten! Huzzah, and happy days!
Prediction: $2.4 million
How say you? Someone is going to nail The Avengers opening weekend number and cover themselves in glory. Will it be you? Scroll down. Comment. Predictions away!
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