Box Office: ‘Lego Batman’ Takes Slow Presidents Day Weekend

Box Office: ‘Lego Batman’ Takes Slow Presidents Day Weekend

Box Office: ‘Lego Batman’ Takes Slow Presidents Day Weekend

$CMCSA, $TWX, $LGF

‘The Great Wall’ crumbles in its US debut, and the psychological thriller ‘A Cure for Wellness’ was DOA.

Chinese filmmaker Zhang Yimou’s The Great Wall, starring Matt Damon, was the biggest disappointment, considering it cost a hefty $150-M to produce and was supposed to be a tentpole for both Chinese and American audiences.

The Legendary Pictures and Universal, a unit of Comcast Corp (NASDAQ:CMCSA) release grossed an estimated $21.7-M from 3,325 theaters over the  4-day Presidents Day weekend.

The Great Wall is a hit in China, with earnings of $171-M. And it has grossed another $73.6-M in other foreign markets for an international total of $244.6-M and a global box office of $266.3-M. Males made up the majority of the audience (59%), with 50% of ticket buyers over 30.

None of the new offerings: Great Wall,  Fist Fight and A Cure for Wellness were able to topple holdovers The Lego Batman Movie and Fifty Shades Darker.

The gross revenue for the Presidents Day frame topped out at an estimated $178-M, the lowest since Y 2013 ($168.5-M), according to comScore’s report.

The family film Lego Batman easily stayed atop the chart in its second weekend with a four-day tally of $42.5-M for a 10-day domestic take of $107.1-M. Overseas, Lego Batman has earned $72-M to date, for a global box office of $179.1-M.

The erotic, S&M-laced Fifty Shades Darker followed with $23.3-M from 3,714 theaters for the Holiday frame. The female driven sequel fell less than Fifty Shades of Grey and is a solid win on the global stage, even if it is doing less money overall than the 1st film. Overseas, Fifty Shades Darker won the weekend with $43.7-M, for a foreign take of $89.7-M and a global box office of $296.4-M

John Wick: Chapter 2. Lionsgate’s (NYSE:LGF) male-driven action film earned an estimated $19-M over the 4-days for a domestic take of $61-M. Overseas, the movie has taken in $31.8-M  to date.

Fist Fight, starring Ice Cube, Charlie Day, Christina Hendricks, Dennis Haysbert and Tracy Morgan, rounded out the Top 5 with $14.5-M from 3,185 theaters. Fist Fight earned a B CinemaScore and skewed male (54%) and older, with 61% of ticket buyers over the age of 25.

A Cure for Wellness cost roughly $40-M to make, bombed with just $5-M from 2,704 theaters for the 4-days. Overseas, where it opened to $4.5-M from 36 markets.

 

Cure for Wellness placed # 11, beaten out for the #10 spot by best picture Oscar contender Lion, which grossed another $5.2-M for a domestic box office of $37.4-M for The Weinstein Co. and See-Saw Films.

Among other best picture nominees, Hidden Figures has now earned $144.2-M domestically, while La La Land’s running total stands at $134.4-M

La La Land has earned the most on a global scale $340.5-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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