Box Office: ‘Annabelle: Creation’ Opens with $35-M

Box Office: ‘Annabelle: Creation’ Opens with $35-M

Box Office: ‘Annabelle: Creation’ Opens Slow Weekend with $35-M

$TWX, $AMC, $SNE, $CMCSA, $LGF, $VIA

This is another slow weekend at the box office, as ‘The Nut Job 2’ misses and holdovers  ‘The Dark Tower’ and ‘Detroit’ continue to fall.

Warner Bros./New Line’s R-rated prequel Annabelle: Creation posted $35-M from 3,502 theaters in its domestic box-office debut.

The horror pic placed 2nd internationally behind China box-office sensation Wolf Warrior 2, which grossed as much as $83-M for a record-breaking total of at least $680-M in the Middle Kingdom and $685-M in world wide total box office, according to comScore.

Overall, it was another slow weekend at the domestic box office, with revenue down more than 30% from the same frame last year, to date this Summer is off 12% down from the same frame in Y 2016, while YTD is down 4% on franchise fatigue.

Open Road’s animated sequel The Nut Job 2 debuted in 3rd place with $8.9-M from 4,003 theaters, that is less than 50% the $19.4-M collected by The Nut Job in January 2014.

Nut Job 2 rolled out in theaters just days after Tang Media announced it is acquiring Open Road from AMC Entertainment (NYSE:AMC) and Regal Entertainment.

Sony’s The Dark Tower fell from #1 to # 4 in its 2nd weekend with $7.9-M for a disappointing 10-day domestic take of $34.3-M.

Universal’s, a unit of  Comcast (NASDAQ:CMCSA) Girls Trip rounded out the Top 5 with $6.5-M for a domestic take of $97.2-M. The R-rated pic, which also took in $8.4-M overseas over the weekend for a worldwide tally of $105.6-M, and will soon cross the $100-M mark in North America, just as Edgar Wright’s Baby Driver did over the weekend in a win for Sony.

Lionsgate’s (NYSE:LGF) adaptation of Jeannette Walls’ best-selling memoir about her harrowing childhood, The Glass Castle, placed # 9, according to early estimates. Glass Castle, which earned an A- CinemaScore, skewed heavily female at 80%.

Annapurna Pictures’ Detroit, directed by Kathryn Bigelow, tumbled 58% in its 2nd weekend to $3-M for a domestic take of $13.4-M and fell to # 13, seems like people are tired of riot fare.

Al Gore’s climate documentary An Inconvenient Sequel: Truth to Power is DOA. The follow-up, from Paramount, a unit if Viacom (NYSE:VIA) and Participant Media, earned $800,000 as it expanded into a total of 556 theaters over the weekend for weak box office of $2.3-M. Al Gore and Climate Change are of little interest now for movie goers.

The big headline at the specialty box office was Matt Spicer’s Ingrid Goes West from Neon, which opened to $141,216 from three theaters for a screen average of $47,072, the best at the weekend.

The Weinstein Co.’s Wind River also posted a strong location average of $14,268 as it moved into 45 theaters in its sophomore outing for an early domestic box office take of $870,285. I saw it, it was chilling.

Have some fun see a movie this week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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