Box Office: ‘Hitman’s Bodyguard’ Hits, Taking $21.6-M

Box Office: ‘Hitman’s Bodyguard’ Hits, Taking $21.6-M

Box Office: ‘Hitman’s Bodyguard’ Hits, Taking $21.6-M

$LGF.A, $TWX

The domestic Summer box office continues to fall as Hollywood and theater owners endured the lowest-grossing weekend YTD.

Hitman’s Bodyguard, a Lionsgate’s (NYSE:LGF.A) action comedy debuted to a better-than-expected $21.6-M from 3,377 theaters to Top the weekend box-office chart.

Audiences gave the R-rated pic a B+ CinemaScore.

Logan Lucky placed 3rd with an estimated $8.-M from 3,301 theaters, the lowest nationwide start of director Steven Soderbergh’s career. The filmmaker made the $29-M heist comedy outside the Hollywood studio system by relying on a combination of foreign presales and equity, while raising another $20-M for marketing so as to retain tight control of how the PG-13 pic was sold.

Indie distributor Bleecker Street distributed the pic on behalf of Soderbergh’s Fingerprint Releasing.

The film, director Soderbergh’s 1st in 4 years after his previously announced retirement, boasts a stellar 93% fresh rating on Rotten Tomatoes, but audiences were notably less enthusiastic, giving it a B grade.

No other new movies opened nationwide.

Total revenue at the weekend is estimated at about $95-M.

Among holdovers

Warner Bros./New Line’s Annabelle: Creation came in a strong 2 2 with $15.5-M in its 2nd frame for a domestic total of $64-M declining 56% a good hold for a horror flick.

Warner Bros. a unit of Time Warner (NYSE:TWX) and Christopher Nolan’s Dunkirk placed #4 with $6.7-M for a domestic take  of $165.5-M and a global box office of $392.7-M.

Warner’s Wonder Woman cleared the $800-M mark at the global box office, including $404-M domestically.

Open Road’s The Nut Job 2: Nutty by Nature fell to # 5 in its 2nd frame, earning $5.1-M for a 10-day domestic take of $17.7-M.

At the specialty box office

The news was grim for filmmaker Geremy Jasper’s Sundance Film Festival sensation Patti Cakes$, which opened to $66,000 from 14 theaters for a screen average of $4,714. Fox Searchlight acquired the suburban rapper comedy for $9.5-M following a heated bidding war at Sundance in January.

The Weinstein Co.’s Wind River moved into the Top 10 as it expanded into a total of 694 locations, grossing $3-M for a location average of $4,359 and an early domestic total of $4.1-M.

Ingrid Goes West and Good Time both continued to impress in their sophomore outings. From Neon, the comedy-drama Ingrid earned $265,567 from 26 locations for a screen average of $10,214 and a take of $438,685.

A24’s crime drama Good Time upped its theater count to 20, earning $173,000 for a screen average of $8,652 and a 10-day take of $349,007.

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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