Box Office: ‘Black Panther’ Marks $108-M in its 2nd Frame

Box Office: ‘Black Panther’ Marks $108-M in its 2nd Frame

Box Office: ‘Black Panther’ Marks $108-M in its 2nd Frame

$DIS, $VIA, $NFLX, $CMCSA

Ryan Coogler’s Superhero pic Black Panther defying expectations in its 2nd frame, grossing an estimated $108-M from 4,020 theaters.

The Disney (NYSE:DIS) and Marvel title reached the $400-M mark domestically in only 10 days after dropping just 47% in its 2nd weekend at the box office.

Now, thanks to Black Panther, domestic YTD revenue is now up 12.5% over the same period in Y 2017 according to comScore.

Among the new films:

New Line’s R-rated comedy Game Night, starring Jason Bateman and Rachel McAdams, fared best at the box office. The movie opened to a solid $16.6-M from 3,488 locations, earning the # 2 spot for the weekend.

Alex Garland’s sci-fi pic Annihilation, starring Natalie Portman opposite Oscar Isaac, opened to a muted $11-M from 2,012 theaters. The movie, which earned strong reviews made headlines late last year when Paramount a unit of Viacom (NASDAQ:VIA) and Skydance, partners on the movie, sold off international rights to Netflix (NASDAQ:NFLX).

Annihilation came in fourth behind Sony (NYSE:SNE) holdover Peter Rabbit, which took in $12.5 million in its 3rd weekend for a domestic total of $71.2-M.

Annihilation skewed male (56%), while Game Night played to females (56%).

YA film adaptation Every Day, directed by Michael Sucsy, placed #9 with $3.1-M from 1,625 cinemas. Orion insiders say that’s a win, considering the film cost under $5-M to produce.

Among holdovers, Universal, a unit of Comcast (NASDAQ:CMCSA)’s Fifty Shades Freed rounded out the Top 5 domestically with $6.9-M as it passed the $300-M mark globally, including $89.6-M in North America and $230.8-M internationally for a total $320.4-M.

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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