Box Office: ‘Dunkirk’ debuts at $50.5-M, ‘Valerian’ Bombs DOA

Box Office: ‘Dunkirk’ debuts at $50.5-M, ‘Valerian’ Bombs DOA

Box Office: ‘Dunkirk’ debuts at $50.5-M, ‘Valerian’ Bombs DOA

$TWX, $IMAX, $CMCSA, $AMZN

Director Christopher Nolan’s Dunkirk saw a better-than-expected $50.5-M domestic debut, the best opening in recent memory for a World War II film and a testament to nothing notable on the bills.

Overseas, the film  impressed, earning $55.4-M from its 1st 46 markets and placing # 1 for a global take of $105.9-M.

Dunkirk will need huge staying power to recoup a net production budget of $100-M and a major marketing spend.

Mr. Nolan made the movie for Warner Bros.a unit of Time Warner (NYSE:TWX), his partner and home of his blockbuster Dark Knight Trilogy.

Dunkirk, playing in 3,720 locations, no doubt benefited from a major push in Imax (NYSE:IMAX) theaters, which delivered $11.7-M, or 23% of the total gross. Dunkirk also played in on a number of retrofitted 70mm screens.

Dunkirk earned an A- CinemaScore from audiences. It skewed heavily male (60%), while 76% of all ticket buyers were over the age of 25.

Dunkirk opened on par with Nolan’s last film, Interstellar, which launched to nearly $50-M over the long Thanksgiving holiday in Y 2014, including $47.5-M for the 3-day weekend.

Recounting one of World War II’s most famous retreats, Dunkirk stars One Direction’s Harry Styles, who makes his acting debut in the movie, much to the delight of fans, who made their presence known at the film’s London and New York Premieres.

Elsewhere at the North American box office

Universal’s, a unit of Comcast (NASDAQ:CMCST) Girls Trip broke the R-rated comedy curse in debuting to $30.4-M from 2,591 theaters. That is the best showing so far this year for the genre and helps to make up for Summer flops Rough Night and The House. Girls Trip came in ahead of expectations.

The comedy nabbed a coveted A+ CinemaScore and placed #2.

Girls Trip was made for roughly $20-M, a modest amount compared to the budgets for Dunkirk and the weekend’s 3rd new nationwide release, French filmmaker Luc Besson’s Valerian and the City of Thousand Planets.

Valerian, a sci-fi epic costing $180-M, came DOA in the US with a $17-M bow from 3,553 theaters. STX Entertainment is releasing the movie domestically via its partnership with Besson’s EuropaCorp.

Valerian received a B- CinemaScore, is based on the French graphic novel series about celestial cops who must travel through space and time in order to save the Universe.

In North America, Mr. Besson’s pic came #5 behind Dunkirk, Girls Trip, Spider-Man: Homecoming and War for the Planet of the Apes.

Among the holdovers, Universal and Illumination Entertainment’s Despicable Me 3 passed the $200-M mark at the domestic box office and $700-M globally.

Warner Bros.’ Wonder Woman has eclipsed Guardians of the Galaxy Vol. 2 ($386-M) to become the top-grossing film of Summer in North America and the 2nd-biggest title of the year to date behind Beauty and the Beast with a total of $389-M. Wonder Woman’s global box office stands at $779.4-M.

At the specialty box office

Filmmaker Gillian Robespierre’s Landline opened to muted numbers for Amazon Studios (NASDAQ:AMZN) and Magnolia Pictures. The Indie dramedy, which premiered in January at the Sundance Film Festival, grossed an estimated $52,000 from four theaters for a screen average of $13,000.

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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