Box Office: Disney’s (NYSE:DIS)’Beauty and the Beast’ Posts $350-M Globally
Disney’s (NYSE:DIS) Beauty and the Beast opened at the weekend to $170-M from 4,210 theaters at the North American box office. Overseas, the update of the classic musical earned $180-M for a global take of $350-M
The $160-M tentpole is another win for Disney, where studio Chairman Alan Horn, and production chief Sean Bailey have been intent on mining the studio’s classic animated vault and building a stable of live-action movies.
Audiences gave Beauty an A-CinemaScore. Disney reports that 40% of the audience were males, and nearly 50% the audience were adults and teens, a startling stat for a PG family title; the remainder were parents with children.
Warner Bros, a unit of Time Warner (NYSE:TWX), and Legendary’s Kong fell a respectable 53% in its 2nd frame to $28.9-M for a domestic total of $110.1-M. It took in another $38.5-M internationally for a global box office take of $259.2-M. The movie’s main challenge remains recouping its big production budget of at least $185-M.
In its 3rd frame, Fox’s (NASDAQ:FOXB) Logan neared the $200-M mark domestically, grossing $17.5-M for $184-M domestically. The final and 3rd Wolverine movie has earned $500-M at the worldwide box office.
The sleeper hit Get Out placed #4 with $13.2-M in its fourth framefor a domestic total of $133.1-M, and a global take of $136-M for Universal, a unit of Comcast Corp (NASDAQ:CMCSA) and Blumhouse.
Lionsgate’s (NYSE:LGF) faith-based The Shack rounded out the Top 5 with another $6.1-M for a take of $42.6-M so far.
At the specialty box office
TriStar/Sony’s (NYSE:SNE) T2 Trainspotting earned $180,000 from 5 theaters for a location average of $36,000, the best of the weekend after Beauty ($40,380). The long-awaited sequel has already earned more than $34-M overseas, mostly in the UK.
Have some fun, see a movie this week.
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