Box Office Report: CASPIAN Scores Victory for Disney - Mania.com



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Box Office Report: CASPIAN Scores Victory for Disney

With Iron Man following in 2nd with good numbers.

By Jarrod Sarafin     May 18, 2008


British actor Ben Barnes is set to star as PRINCE CASPIAN(2008).
© Disney

Last summer’s box office season kicked off with a wild beginning as Spider-Man 3 entered the fray in 4,252 theaters and hauled 151.1 mil in tickets for a nice debut. It would go onward to win the second weekend in release by earning another 58.1 mil at the box office against newcomer 28 Weeks Later. This summer looks to be echoing the same effect with Iron Man premiering the first weekend of May in 4,105 theaters with 98.6 mil and going to win its second weekend---against Speed Racer---with another 51.1 mil in sales.

So, Spider-Man 3 kicked off the season with success and now, Iron Man has followed the next year. What will the next year’s X-Men Origins: Wolverine do, I wonder, since yet another comic adaptation seems ready to kick off next summer’s tent pole season…

Hello Maniacs and welcome to the latest Mania Box Office report. While Iron Man is still obviously doing very well, it didn’t win this weekend with the debut of The Chronicles of Narnia: Prince Caspian hitting 3,929 theaters, and of course Iron already being out for three weekends.

Disney and Walden Media’s next Narnia film pulled in a decent debut in the 1st place spot with it taking in 56.5 mil on 3,929 theaters across the nation. This means it averaged a respectable $14,398 per showing for audiences. These are good numbers but not as good as the first installment in the Disney franchise, The Lion, the Witch, and the Wardrobe, which debuted on less screens (3,616) but still managed a 65.5 mil bow in December of 05. Still, a decent debut is a decent debut and the sequel will likely do just as well as the original film, which went onward to gross 291.7 mil domestically and another 453.0 mil internationally.

Paramount’s Iron Man follows the Disney flick in 2nd place for this report with it hauling in another 31.2 mil on its 4,154 theaters. Yes, even in its third weekend at the box office, the film is still averaging $7,510 per showing with audiences who either haven’t seen it yet or audiences who have seen it, just not enough. The first film---of a planned franchise---has now grossed 222.4 mil domestically and another 165.1 mil in foreign territories. Basically, a worldwide gross of 387.5 mil on a budget of 140 mil. Not bad at all for Paramount, just 17 days into their theatrical schedule.

The clear alternative choice for couples not viewing genre franchises (like Narnia, Speed, and Iron) lands into 3rd place with What Happens in Vegas. The film opened last weekend in second place, even beating Speed’s debut and this weekend, it drops a place(still beating Speed) by taking in another 13.8 mil on its 3,255 theaters. In two weeks of release, it has grossed 40.3 mil on a budget of just 35. Another success for Fox.

As indicated above, Speed Racer went from its debuting 3rd spot to 4th this weekend by taking in only 7.6 mil this weekend. What seems clear from this is that Warner Bros. and the Wachowski brothers are in a bit of a financial jam here. In two weekends of release, the anime adaptation has managed only 24.3 mil domestically but the bill for this (not including advertising) is at 120 million. Clearly, we seem to already have our first “miss” for the summer season. Or it’s going to take a mighty big turnaround to manage to overcome these financial dismal first weekends.

Universal has also taken advantage of alternative programming entertainment with its Tina Fey film Baby Mama still enjoying the middle of the pack. Last weekend, it hit 5th and this weekend is no different. The film grabbed another 4.5 mil this weekend and its domestic gross is now at 47.2 mil while its budget is only 30.

Following in 6th place is the romantic comedy Made of Honor, which tallied another 4.5 mil this weekend in its 2,816 theaters. The film isn’t doing that bad for Sony even if’s taking sometime to hit its 40 mil budget mark. So far, it has grossed 33.7 mil in three weeks of release.

The latest comedy from team Apatow continues its moderate success, due to the fact that his team always manages to keep their budgets low. Forgetting Sarah Marshall lands in 7th place this weekend, dropping only one place from last weekend, in its fifth weekend of release while pulling in another 2.5 mil in sales. The budget is only 30 mil and it has grossed 55.0 mil thus far.

Speaking of keeping budgets low, it’s hard to get any lower than Harold and Kumar’s sequel for Warner Bros’ New Line. They managed to keep their sequel’s budget to Saw-like proportions with only a 12 mil price tag and that has guaranteed their profit with a domestic gross of 33.9 mil.

Lionsgate follows in 9th place with their Jackie Chan-Jet Li team-up The Forbidden Kingdom pulling in another 1.0 mil this weekend. Not much, I know. The bottom of this report seems to be suffering from most audiences going after the select choices up near the top of this report. Entering its fifth weekend of release, the film has grossed 50.2 mil so far.

Taking the final 10th place is Overture Films’ The Visitor moving up three places from last weekend and pulling in $687,000 in ticket sales. Considering the film is only showing in 224 theaters around the country, that’s not bad for the indie distributor. It has a domestic gross of only 3.4 mil in domestic sales for the past 6 weeks of it’s release.

 
Rank
Movie
Weekend
Theaters
Average
Total
Budget
1

The Chronicles of Narnia:Prince Caspian

56.5 mil
3,929
$14,398
56.5 mil
-
2

Iron Man

31.2 mil
4,154
$7,510
222.4 mil
140
3

What Happens in Vegas

13.8 mil
3,255
$4,254
40.3 mil
35
4

Speed Racer

7.6 mil
3,606
$2,120
24.3 mil
120
5

Baby Mama

4.5 mil
2,503
$1,834
47.2 mil
30
6

Made of Honor

4.5 mil
2,816
$1,598
33.7 mil
40
7

Forgetting Sarah Marshall

2.5 mil
1,601
$1,585
55.0 mil
30
8

Harold & Kumar 2

1.8 mil
1,403
$1,282
33.9 mil
12
9

The Forbidden Kingdom

1.0 mil
997
$1,003
50.2 mil
-
10

The Visitor

687 k
224
$3,066
3.4 mil
-
 
 

Thursday May 22, 2008 Release:

Wide

Indiana Jones and the Kingdom of the Crystal Skull (3,900+ theaters)

Limited
Postal

The Edge of Heaven

COMMENTS AND RESPONSES

Showing items 1 - 10 of 12
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almostunbiased 5/18/2008 5:25:27 PM
56 million isn't bad, but they're probably dissapointed.<BR />The movie just wasn't that great. <BR /><BR />What happened to the weeks in release column? And Jarod, why aren't we guessing the Money this year?
hanso 5/18/2008 5:34:53 PM
Where is my boy Wisedagansta? Probably getting hammered after teh C's closed out Queen James. I know yo heart skipped when Pierce's late game free throw bounced high before going in. Congrats playa.<BR /><BR />Back to this though, I caught Prince Caspian today with the Mrs. Wasn't that great in my opinion. Wasn't bad either mind you, just didn't do it for me personally, I could've waited for video to see it. If it didn't match the original's # then the studio has to be disappointed. I think Iron Man will end up second next after Indy Jones. I caught a trailer for Wall-E that I hadn't seen and it looks even sweeter than I thought. Definitely looking foward to seeing that one.
SONYMANswallows 5/18/2008 6:24:16 PM
Cant believe Ton Stark dropped to 2, glad Sarah Marshall is still doing well a month later.
RaithManan 5/18/2008 7:36:21 PM
Narnia's first week take is what Warners was expecting out of Speed Racer last week. Now that Speed Racer is officially the first summer disappointment and most likely not the last. As far as Narnia goes....it never screamed $100 million dollar first week take because its not on Harry Potter or Ironman level, so don't be surprised by the $56 million dollar take which was slightly short of the first film take. Indiana Jones without question will gross over $100 million...and will ALMOST certainly challenge Transformers $154 million dollar 3-day take of last year. Spielberg was focusing on getting Indy ready while overlooking Transformers so expect a few sold out showings early.
MrJawbreakingEquilibrium 5/18/2008 7:59:43 PM
Man, I know that Indy's going to make the numbers and all and that I'm going to see it regardless but I haven't read too many positive reactions so far. I hope to God it's good but I wouldn't be suprised if it turns out either way. Hell, I'd rather it be mediocre than suck. Please don't suck.
wessmith1966 5/18/2008 8:37:03 PM
Took some kids to see Narnia and they loved it. Although I didn't care much for the first one, I found the second installment more entertaining than the first, but it still didn't do much for me. I thought the effects were better than the first one. The kids were happy though and that's the important thing. Talk about an expense though! For myself and four kids (with snacks) I spent over $50. I took in a matinee for Iron Man with a couple of friends (I wanted to see if I could spot cap's shield) who didn't know all that much about the character and they all loved it. Superman is still the #1 comic movie for us (we were kids when that movie came out and saw it through the wonder of a child's eyes), but everyone else picked it as #2 on the list (Burton's Batman is still #2 for me). Hanso, the more I see for Wall-e the more I'm looking forward to it. The kids are already planning on that one! I'd still love to see Pixar do a Star Trek movie using the original series crew with the actors' voices (or someone close for those actors not with us). A Pixar Star Trek movie would be guaranteed a slot in the top 10 moneymakers of all time list. Can't wait for Indiana Jones this week. I'm not worried about any negative reviews. I think hype's built this movie up so much because it's been a movie everyone's wanted for 20 years. I don't expect to have a "religious experience" seeing the movie, but I know I'm going to love it and have fun seeing Indy on the big screen again. Has anyone seen Bloodline? I saw the trailer at apple.com, but it's not playing anywhere close to me. I'm a junkie for these Biblical historical mysteries. If anyone's seen it, I'd appreciate a report. Thanks!
exfan 5/18/2008 10:41:29 PM
well, the first one was too kids movie for me, i will simply wait the dvd for this chapter. Iron man have again a long way to run, the movie is very well done. Speed racer is a failure, and look like everybody else confirm. Direct from cannes festival, i have some news, Private guess watch the indiana jones movies, and they was quiet happy about it, but not very impress. But happy ! The bad news is clint eastwood interview, he confirm turismo movies this summer, but the plot is not a sequet of callahan, he s a polski who have difficuties to adapt himself to this new world. too bad....calahan is definetely not a polski name....
Wiseguy 5/18/2008 11:08:51 PM
Not surprised about Narnia since I thought the first was superior. Disney is disappointed because they were tracking it to do about 80 mil, so that's a fairly big drop. IronMan is still kicking ass so I'm happy about that. And not that it wasn't official but Speed's 59% drop dashed any hopes by WB the film may have legs and confirms it as a bomb.<BR /><BR />Wall-E is going to be the biggest film of the year, mark my words. I was surprised at how many kids started screaming Wall-E when the trailer played and it isn't as if commercials are running on a regular basis.<BR /><BR />George Lucas said during an interview that his plans for Indy 5 is for Shia Labeouf to be the lead character and bring Ford in as Connery was in part 3. All of which leads me to belief that Mutt is going to be Indy's son. Either way this was my biggest suspicion and fear from the moment Shia was announced for this film.<BR /><BR />hanso, I think I managed to set a record for most curse words during that bounce. Just one rest day pisses me off. A rested D right now seems too much for my boys who have been nothing but disappointing. Anyway as long as they win all their home games we'll get to the promised land.<BR /><BR />
karas1 5/19/2008 3:59:18 AM
Well I liked Prince Caspian. I thought it was better than the first one, loved those griffins!<BR /><BR />Of course, I read the books many times as a child, so perhaps I was seeing the movie through a child's eyes. The sense of wonder was there. Though a friend I saw it with who never read the books was less impressed. But we both agreed that it was better than we had expected due to the mediocre reviews we had read.
Dazzler 5/19/2008 4:31:10 AM
The Chonic what? Saw it. It was not bad, not as good as first. Lots of familiar images from LOTR. Not much going on story either. I was hoping for anothe IM win this week, but does not matter at this point. BTW Mania staff not all superhero movies need to be compared to Spider-man! Iron man is it's own movie. I hate the lumping. Looks like Iron man is set to be #1 for the year so far and I hope it does beat Indiana Jones at the BO.
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