LEGEND Has Record Breaking Debut
By: Jarrod Sarafin, News EditorDate: Sunday, December 16, 2007
The science fiction & fantasy genres may have been taking a hit these past few months but that is not the case this weekend. The latest genre film to hit the market, I Am Legend, has come in and won big for Warner Bros. The film, based on the novel by Richard Matheson, opened up this weekend with 76.5 million to show for it.
This kind of successful box office debut has it #1 on the All Time December Openings List.
The previous record holder was Lord of the Rings: Return of the King, which pulled in 72.6 mil on 12/17/03.
The Will Smith-led genre film pulled in 30.5 mil on Friday, 28.8 mil on Saturday and the estimates have it at 17.5 mil for today. Warner Bros. released the film on 3,606 theaters, which makes for an average per showing of $21,224. Basically, the genre drought is now over with this film’s record-breaking release.
Fox may not have done as well as I Am Legend but they are clearly winners in their own right with Alvin and the Chipmunks. The theatrical adaptation of the famous toon opened up this weekend in 2nd place by pulling in 45.0 million. This means the top 2 films for this weekend pulled in a combined 121.5 mil while the other 8 films grossed only 28 million together. Alvin opened up on 3,475 theaters this weekend, which makes for a respectable average of $12,949. When you consider that the budget for this film is listed at only 45 mil, this opening makes for a very successful box office bow for Fox. It’s clear this film will be a major success for the studio.
As I say just a few lines above, the rest of the top 10 didn’t do as well at the box office this weekend. Only the 3rd and 4th ranked films grossed more than 5 mil this weekend and nobody else touched the 10 mil mark.
The Golden Compass continued failing at the domestic box office for New Line, pulling in only 9.0 mil in 3rd place this weekend. This makes for a 65.5% drop in its second week of release and has its domestic total at only 40.9 million. Not very good numbers for a film with a budget of 180 million. We’ll see later tonight what it’s done in overseas numbers, the one saving grace for the film itself. Last week, it opened up in foreign territories with 50.9 mil, which means its worldwide gross is now at 91.9 million in 10 days of release. It will likely be around the 130 mark when the latest foreign numbers come in later tonight.
Disney’s Enchanted continued standing steady at the box office by landing in 4th place in its fourth week of release. The film pulled in another 6.0 mil over the last three days, which makes for a domestic tally of 92.2 mil. We have no budget to list here but the film has pulled in 128.7 worldwide, which most likely has it as a clear success for Disney here. I can’t see the film having that high of a budget…
No Country for Old Men, a clear critical success, landed in 5th place with 3.0 mil in box office receipts. The film has been doing well for Miramax, despite the studio refusing to show the film in that many theaters. They keep adding new theaters each weekend and yet it’s still only showing in 1,348 theaters in its sixth week of release. So far, the film has tallied 33.5 mil in domestic cash.
The last debuting film for the weekend, Yuri Film Group’s This Perfect Holiday, opened up with 2.5 mil to show for it. The film launched in only 1,307 theaters this weekend, which makes for an average per showing of only $1,952…
Warner Bros. broke the December opening record with I Am Legend but their other holiday release Fred Claus also stayed steady, once again landing in the top 10. The Vince Vaughn-led film finished in 7th place by pulling in another 2.3 mil in receipts. The studio still has the film showing in 2,750 theaters in its sixth week of release and the film has 68.9 mil in domestic totals. It has another 13.6 in foreign cash, which makes for a worldwide gross of 82.5 mil.
Sony Screen Gems continued tacking on profits with This Christmas by pulling in another 2.3 mil in 8th place this weekend. The film, which only has a budget of 13 mil, has tallied 46.0 million in domestic cash. As I say, their profit margins continue to rise.
Focus has Atonement showing in only 117 theaters and yet it has landed in the top 10 this weekend. That says something for this film’s appeal, doesn’t it? Or on the opposite side of the coin, it says something about the box office performance of the lower five this weekend. The film was added to 85 more theaters in its second week of release and lands in 9th place by taking in 1.8 mil in receipts. This kind of tally makes for an average per showing rate of $15,837, a very respectable number for a film in such a limited release.
Warner Bros. has a third film in the top 10 this weekend with their August Rush finishing in 10th place, taking in 1.7 mil in box office receipts. The film has been out in the market for four weeks now and has 28.0 mil in domestic cash.
| Rank | Movie | Weekend $ | Theaters | Average | Total $ | Week # |
| 1 | I Am Legend | 76.5 mil | 3,606 | $21,224 | 76.5 mil | 1 |
| 2 | Alvin and the Chipmunks | 45.0 mil | 3,475 | $12,949 | 45.0 mil | 1 |
| 3 | The Golden Compass | 9.0 mil | 3,528 | $2,558 | 40.9 mil | 2 |
| 4 | Enchanted | 6.0 mil | 3,066 | $1,958 | 92.2 mil | 4 |
| 5 | No Country for Old Men | 3.0 mil | 1,348 | $2,225 | 33.5 mil | 6 |
| 6 | The Perfect Holiday | 2.5 mil | 1,307 | $1,952 | 3.1 mil | 1 |
| 7 | Fred Claus | 2.3 mil | 2,750 | $838 | 68.9 mil | 6 |
| 8 | This Christmas | 2.3 mil | 1,921 | $1,197 | 46.0 mil | 4 |
| 9 | Atonement | 1.8 mil | 117 | $15,837 | 2.9 mil | 2 |
| 10 | August Rush | 1.7 mil | 2,007 | $889 | 28.0 mil | 4 |
Next weekend should be humorous to watch over, what with the congestion the studios are giving audiences…The obvious pick for the weekend is National Treasure: Book of Secrets because of its wide demographic appeal and more importantly, the film hitting the most theaters out of the list. It may be a safe bet but it also seems to be the obvious winner of the group.
There can be no doubt that this amount of congestion will be taking a toll, box office wise, on some of these films. That could be the reason why Paramount is releasing Sweeney Todd in only 1,000 theaters next weekend. They may be opting to give it a wider release after the holidays are over. It seems clear that the only reason they’re debuting it next week is to get it in theaters before the award nominations are sent in the mail, making it eligible for the various categories.
Of course, that same studio rationale can be said for their decisions to release Charlie Wilson’s War and Walk Hard (for the Musical categories at least).
Friday December 21, 2007 Releases:
Wide Releases
National Treasure: Book of Secrets (3,500+ theaters)
Charlie Wilson’s War (2,500 theaters)
Walk Hard: The Dewey Cox Story (2,500 theaters)
P.S I Love You (2,200+ theaters)
Sweeney Todd (1,000 theaters)
Limited Releases
Flakes
Steep
Taare Zameen Par




