Box Office Wrap Up: 12 Strong, Jumanji Stronger.
Jumanji remains lord of the jungle despite three new films challenging it at the box office.
All three new wide release films had better-than-expected weekends, but they still couldn’t knock Dwayne Johnson out of the top spot. For a third straight week, Jumanji: Welcome to the Jungle managed to take first place, in the process becoming one of Sony Studios most successful movies of all time. The overall box office shrunk slightly, but the looming Academy Award nominations will probably cause a surge in the coming week as people look to catch up on all of the Oscar hopefuls that are making national expansions.
This Week in Box Office History.
Box Office earnings were down modestly, 12% over last weekend and 6% over last year. This trend has two very easy explanations: last weekend was the Martin Luther King Jr. holiday, and last year we saw a surprise hit in the form of M. Knight Shyamalan’s psychological thriller, Split. Overall, the box office was pretty steady.
Top Three Films.
Jumanji continues its reign at the top of the pile, adding 20 million dollars to its domestic total of 316 million dollars. This total, plus a solid world-wide take of 450 million dollars has made Jumanji one of the biggest movies of 2017 and the 5th highest earning film for Sony Studios of all time. The four films that have earned more for Sony over the long haul? All of them are Spider-Man flicks. With Sony casting around for another franchise to rival Disney, I’m sure we can bank on seeing more Jumanji films in the future.
Second place went to new release 12 Strong. The Chris Hemsworth led action war film took in 16 million dollars. This is higher than early studio estimates, but no budget details have been released. This makes it hard to gauge the overall health of this flick, though audience reactions were strong. If I had to guess based on similar movies, I’d peg the film as costing 30-40 million dollars. Making back half the budget in the first week should mean this film is at least going to be a moderate success.
The third spot went to another new film, Den of Thieves. This gritty heist film starring Gerard Butler, 50 Cent and O’Shea Jackson managed to draw in 15 million dollars against a 30 million dollar budget. Critics and audiences were slightly less enthusiastic, but this should be another modest money maker for STX studios.
After going into wide release, The Post has steadily risen up through the top ten, landing at the fourth spot this week. The film has nabbed an impressive 45 million dollars as it has steadily added theaters during the awards season. Featuring Tom Hanks and Meryl Streep, this film is certain to get some love from the Academy. The increased visibility should allow it to maintain a strong theater presence right up until the big show.
The Greatest Showman has managed to stick around the top ten, winding up in the fifth slot this week. Overall it has taken in 110 million dollars both at home and about the same amount abroad. It took a while to make good on a 84 million dollar budget, but is now resting comfortably.
The Last Jedi topped 600 million dollars this week in US ticket sales despite falling to eighth place. Combined with the 700 million dollars from world-wide sales, TLJ has become the second highest grossing Star Wars film behind The Force Awakens, the sixth highest grossing domestic movie, and the ninth highest grossing movie world-wide.
Our last spot has our last new film, Forever My Girl. The romantic film took in nearly 5 million dollars against a 3.5 million dollar budget and saw strong audience scores. It may not stay in the top ten for another week once the Oscar nominations release, but it managed to outperform many expectations in its debut.
Top Ten Movies.
1. Jumanji: Welcome to the Jungle (20.0)
2. 12 Strong (16.5)
3. Den of Thieves (15.3)
4. The Post (12.1)
5. The Greatest Showman (11.0)
6. Paddington 2 (8.2)
7. The Commuter (6.6)
8. Star Wars: The Last Jedi (6.5)
9. Insidious: The Last Key (5.9)
10. Forever My Girl (4.7)