Box Office: ‘Crazy Rich Asians’ Closes Summer Season with $28-M

Box Office: ‘Crazy Rich Asians’ Closes Summer Season with $28-M

Box Office: ‘Crazy Rich Asians’ Closes Summer Season with $28-M

$TWX, $DIS, $VIA, $LGF

‘Operation Finale’ and ‘Searching’ open to solid numbers, SyFy action pic ‘Kin’ DOA, ‘Mission: Impossible — Fallout’ tops overseas with $77.3-M China debut.

Warner Bros.’ Crazy Rich Asians dominated the Labor Day box-office earning an estimated $28-M to boast the best gross for the long holiday weekend in more than 10 years and the 3rd-best of all time.

The Jon M. Chu-directed love story danced past the $100-M mark in its 3rd weekend, finishing Monday with $117-M.

The Summer box office made a spectacular Y-Y recovery. While final numbers will not be tallied until Tuesday, comScore is predicting + 14.4%, the best Summer-over-Summer increase in at least 20 years.

Domestic revenue for the 1 May to 3 September frame is an estimated $4.394-B, the 5th-best of all time. Summer of 2013 remains the record holder with $4.731-B.

Crazy Rich Asians‘ 3-day gross of $22.1-M represented an 11% drop from last weekend. Overseas, the romantic comedy opened to $5.4-M in Australia for an early foreign tally of $19.9-M and $136.9-M global box office to date.

Warners took the # 2 spot with The Meg, now in its 4th weekend. The shark pic earned another $10.5-M for the 3 days and $13.4-M for the 4, pushing its NA take to $123.4-M. Overseas, it took $17.7-M for a foreign total of $342.3-M and $465.7-M at the  worldwide box office

Paramount, a unit if Viacom (NASDAQ:VIA) and Tom Cruise’s Mission: Impossible — Fallout, which also contributed to a strong August, taking the weekend overseas with $89.1-M The 6th installment also stayed high up on the domestic chart, coming in at # 3 for a worldwide total of about $650-M. Fallout is expected to finish its run with more than $700-M globally, a franchise-best.

A pair of Disney (NYSE:DIS) titles are also making news.

Pixar’s Incredibles 2 became the first animated pic in history to cross the $600-M mark in North America,for a worldwide box office of $1.164-B. And Marvel’s Ant-Man and the Wasp approached the $600-M worldwide after opening its final foreign market, Japan, for a global box office of $594.9-M

Among new Labor Day offerings

MGM’s Nazi war-criminal drama Operation Finale earned $6-M for the three days and $7.8-M for the 4. Playing in 1,818 theaters, the film debuted to $9.5-M after opening Wednesday.

The film performed best in cities on the East and West coasts, with 11 of the top 15 theaters in New York and Los Angeles. Nearly 50% of the audience was over the age of 45.

The new thriller Searching, about a Korean-American family living in the San Francisco Bay Area, expanded nationwide into 1,207 theaters after opening in select cinemas last weekend to strong numbers.

Searching tells the story of a 16-year-old girl who goes missing and her father’s effort to find her.

Lionsgate’s (NYSE:LGF) SyFy action pic Kin came DOA arning just $3-M for the 3 days and an estimated $3.7-M for the long weekend from 2,141 theaters. Franco. Kin is about a young boy and his newly paroled adopted brother who find a strange weapon and are pursued by a vengeful gang of otherworldly soldiers.

Opening in far fewer theaters was Lionsgate/Pantelion Films’ Spanish-language film Ya Veremos, which is the year’s Top-grossing movie in Mexico to date. The dramedy earned an estimated $1.8-M for the 3 days, putting its 4-day opening at $2.3-M. Ya Veremos received an A CinemaScore, followed by an A- for Operation Finale and a B+ for Kin.

Have some fun, see a movie this weekend.

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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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