Box Office: ‘Ford v Ferrari’ Races to $31-M; ‘Charlie’s Angels Crash with $8.6-M

Box Office: ‘Ford v Ferrari’ Races to $31-M; ‘Charlie’s Angels Crash with $8.6-M

$DIS, $SNE, $VIA, $CMCSA

Ford v Ferrari ran Charlie’s Angels and the rest of the competition off the road at the weekend box office, grossing a better-than-expected $31-M in North America for 20th Century Fox and Disney. Overseas, the pic debuted to $21.4-M for a global start of $52.4-M

Sony’s Charlie’s Angels fluttered and fell to earth in its domestic opening with an estimated $8.6-M, becoming the 3rd high-profile reboot or sequel in a row to bomb after Terminator: Dark Fate two weeks ago and Doctor Sleep last weekend.

Directed by James Mangold, Ford v Ferrari received a coveted A+ CinemaScore and glowing reviews. The movie’s promising debut is a victory for adult-skewing, original event pics.

Ford v Ferrari stars Christian Bale and Matt Damon tells the real-life story of the 2 men who, in Y 1966, helped Henry Ford II and his Ford Motor Co. become the 1st American company to win Le Mans, the world’s most prestigious race. Chernin Entertainment produced.

The film, which has major Oscar ambitions, cost $97-M to produce before marketing. Nearly 80% of ticket buyers were over the age of 25, including 55% over the age of 35, according to PostTrak. Males made up 62% of the audience.

Charlie’s Angels wasn’t able to win over its target audience. Worse, the ‘definite‘ recommend on PostTrak was a dismal 47%.

Sony’s financial exposure is minimized, with China’s Perfect World and other partners putting up 50% of the movie’s $50-M-plus production budget. Charlie’s Angels earned a B+ CinemaScore from audiences after receiving mediocre reviews.

Overseas, the film took $19.3-M from its 1st 26 markets, including a 3rd-place finish in China with $7.7-M, for global start of $27.9-M.

Domestically, Charlie’s Angels came in 3rd behind Ford v. Ferrari and the holdover Midway, which declined 51% in its 2nd frame to $8.8-M for a domestic total of $35.1-M.

Paramount’s Playing With Fire landed in 5th with $8.55-M for a 10-day domestic total of $25.5-M and $30-M globally.

Universal’s Last Christmas slipped 41% in its 2nd outing to $6.7-M for a domestic total of $22.6-M. Overseas, it took in $8.6-M for a foreign tally of $13-M and $35.6-M worldwide.

Warner Bros’  Doctor Sleep, a sequel to The Shining, fell 56% in its 2nd weekend to $6.2-M for a domestic cume of $25-M and $53.8-M globally.

The Good Liar, starring Ian McKellen and Helen Mirren underwhelmed in its nationwide debut, grossing an estimated $5.65-M and becoming the latest Warners release to underperform. The film got a B CinemaScore.

Joker finished its 7th weekend with $1.017-B in worldwide ticket sales after joining the Billion Dollar Club Friday. The pic is expected to garner $600-M or more in profit for Warners, Village Roadshow and Bron.

Disney’s Maleficent: Mistress of Evil came in #9 domestically with $5.2-M for a global haul through Sunday of $458.9-M, including $352.9-M internationally.

Focus Features’ Harriet rounded out the Top 10 in North America with $4.8-M for a domestic total of $31.9-M.

At the specialty box office

Writer-director Trey Edward Shults’ critically acclaimed Waves reported an opening weekend location average of $36,140 from 4 theaters in New York and Los Angeles

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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