Box Office: ‘Get Out’ Beats ‘Lego Batman’ with $30.5-M Open

Box Office: ‘Get Out’ Beats ‘Lego Batman’ with $30.5-M Open

Box Office: ‘Get Out’ Beats ‘Lego Batman’ with $30.5-M Open

$SNE, $CMCSA, $LGF

‘Rock Dog’ and ‘Collide,’ opened outside the Top 10; overseas, Sony’s (NYSE:SNE) ‘Resident Evil: The Final Chapter’ astounds in China with a record $94.3-M launch.

Jordan Peele’s unique, race-conscious horror film Get Out peeled off an impressive $30.5-M debut at the North American box office over the weekend, toppling holdover The Lego Batman Movie from the Top Spot.

The movie marks Peele’s feature directorial debut and is the 2nd win in a row for Universal and Blumhouse after M. Night Shyamalan’s Split, which has grossed $221.2 million globally since its Jan. 20 release.

Get Out, playing in 2,781 theaters and costing under $5-M to make, exceeded expectations after garnering a rare 100% fresh rating on Rotten Tomatoes and an A- CinemaScore from audiences, unusual for a horror film .

The film played to a diverse audience, numbering 39% African-American and 36%Caucasian.

Hollywood studios generally refrain from opening big event movies on Oscar weekend, and this year was no exception.

The box-office landscape changes dramatically next weekend, when X-Men spinoff Logan debuts, followed by Kong: Skull Island on 10 March and Beauty and the Beast on 17 March.

Lego Batman was strong in its 3rd weekend, earning an estimated $19-M domestically from 4,157 theaters to pass the $200-M mark globally and finish Sunday with a total box office of $226-M

Paramount’s xXx: The Return of Xander Cage has likewise done huge business in China, grossing $152.6-M through Sunday for an international total of $285.3-M. It has earned another $44-M domestically.

The animated family film Rock Dog and the long-delayed action film Collide, starring Nicholas Hoult and Felicity Jones could crack the Top 10.

Open Road and IM Global’s Collide is on course for a DOA debut of $1.5-M from 2,045 theaters. The long-delayed movie was originally set to open in October 2015.

Back in the Top 5, Lionsgate’s (NYSE:LGF) action film John Wick: Chapter 2 placed # 3 with a pleasing $9-M for a domestic total of $74.4-M and worldwide box office of $125.5-M.

Universal and Legendary’s epic The Great Wall fell 53% in its 2nd frame to $8.7-M domestically for a total $34.4-M. Globally, it has earned $300-M. but not enough to put the movie in the black due to its $150-Mproduction budget.

Universal’s Fifty Shades Darker crossed the $100-M mark in North America and $300-M globally. Domestically, it rounded out the Top 5 with $7.7-M  for a total $103.6-M. Overseas, it took in another $19.8-M for a foreign box office of $328.3-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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