Box Office Report: 'Jurassic World' and 'Inside Out' Steal the Weekend From Terminator and Magic Mike

Box Office Report: 'Jurassic World' and 'Inside Out' Steal the Weekend From Terminator and Magic Mike

Jul 06, 2015

Here's your estimated 3-day box office returns (new releases bolded):

1. Jurassic World - $30.9 million ($558.0 million total)

2. Inside Out - $30.1 million ($246.4 million total)

3. Terminator Genisys - $28.7 million ($44.1 million total)

4. Magic Mike XXL - $12.0 million ($27.0 million total)

5. Ted 2 - $11.0 million ($58.3 million total)

6. Max - $7.0 million ($25.7 million total)

7. Spy - $5.5 million ($97.8 million total)

8. San Andreas - $3.0 million ($147.3 million total)

9. Me and Earl and the Dying Girl - $1.3 million ($4.0 million total)

10. Dope - $1.0 million ($14.0 million total)

The Big Stories

For the second year in a row, newbies failed to take down a holdover at the box office over the July 4th holiday. In this case, two holdovers. Terminator Genisys and Magic Mike XXL were the 7th and 8th sequels/prequels to be released this summer (totaling 15 on the year). Money was made, but U.S. audiences only seem interested in going to see one particular sequel, or, arguably, the most original film of the year. While one of the new sequels is not going to complain about essentially doubling its budget in just five days, the other is going to have to rely on its international star power to make it into the black.

 

Terminator Genisys vs the Other Terminator Movies

When Terminator 2 opened in 1991 (over the July 4th holiday) it had the highest Wednesday opening ever with $9.26 million (and that was without the $2.4 million it earned on Tuesday night.) Terminator Genisys opened to $8.93 million this past Wednesday, including its Tuesday earnings. Terminator 2 (which was the most expensive movie ever at the time) ended up grossing $204.8 million in the U.S., good for 13th place on the all-time list and 4th worldwide with $519.8 million behind only E.T., Star Wars and The Empire Strikes Back. The next film to outgross it just happened to be Jurassic Park.

About the only victory Genisys can claim this weekend is that it outgrossed the original 1984 film's $38.3 million total, but just barely. Terminator 2 had $52.3 million after five days and Terminator 3 (also a July 4th holiday opener) grossed $72.3 million. Terminator Salvation opened on the Thursday before Memorial Day in 2009 and had a 5-day tally of $65.3 million and that was with Sam Worthington and not Arnold Schwarzenegger. Arnold's box office prowess in his post-Governor career has hardly been inspiring here in the states. Despite being as active as ever in promoting his films, The Last Stand, Escape Plan, Sabotage and (limited release) Maggie have grossed a combined $47.8 million in the states and just $155.4 internationally. Schwarzenegger was at the forefront of convincing studios to go after the international dollar more aggressively and Paramount needs it more than ever with Genisys.

In Genisys' favor is that only one film (The Lone Ranger) has even grossed as much as it did over this holiday and not reached $100 million. (Even Wild Wild West.) If we split the difference between those two and assume $101 million, Genisys is still looking at least a $300 million target worldwide to not make this a loser. Considering that Terminator 2 was the only film in the franchise to hit that with $315 million (Rise of the Machines and Salvation did $283 & $246 million, respectively) it might be safe to call a red alert on this one. 

 

Tales of the Top Ten

We're going to jump right into the rest of the list this week. The original Magic Mike did more in just two days than Magic Mike XXL did in five. Though the sequel's budget was more than doubled, we are still only talking less than $15 million, so Warner Bros. will have its second success of the summer (and year) officially sometime in the next week. Its first, San Andreas, is the 9th most profitable film of the year to date, just ahead of Universal's Pitch Perfect 2.

Speaking of Universal, Jurassic World is their second film this year to lead the box office over four straight weekends. The other was Furious 7, which was the most profitable film of 2015 until this weekend. The dinos also topped Age of Ultron with $1.385 billion worldwide to become the highest-grossing film of the summer. (Furious 7 still owns the year.) 

The bigger watch is on the all-time U.S. chart where Jurassic remains $32.5 million ahead of the pace of Marvel's The Avengers, which had the benefit of a 4-day Memorial Day holiday in its fourth weekend. Soon, Universal passes over the #1 slot to its Minions in the hopes of starting a run towards its third $300 million grosser of the year; a feat that no other studio has ever accomplished. All the more impressive for Universal considering they only had three other films in their history to reach that milestone (Despicable Me 2, E.T. and Jurassic Park.)

Going down the list, Pixar's Inside Out has jumped up to #9 on the studio's all-time chart and could be as high as fourth by next weekend. The film, one of the year's best, is $52 million ahead of the pace of Pete Docter's Up and $48 million ahead of Finding Nemo. (Toy Story 3 had reached $301 million by its third weekend in 2010 over the July 4th holiday.) Its biggest test comes next weekend when Minions diverts the attention of the kids (the film has already grossed $124 million overseas). 

Becoming just the fifth film this summer to reach the black, Fox's Spy is just shy of $100 million here in the states and has turned into a third straight success for Melissa McCarthy and Paul Feig with next summer's Ghostbusters reboot on the horizon. 

Meanwhile Fox Searchlight's Sundance pickup Me and Earl and the Dying Girl finally made its way into the top ten after an expansion to 870 theaters. Tied for 11th (with Furious 7) for the best-reviewed wide release of 2015, the expected summer sleeper has only grossed $3.9 million to date. Compare that to Searchlight's 2013 festival pickup The Way Way Back -- which also expanded from the 300s to the 800s in its fourth weekend -- and had $9 million to show for it. 

The platform strategy was not applied by Open Road to Sundance's Dope and though it lost over half its theaters in just its third weekend, it has grossed $13.9 million. More than Whiplash, Beasts of the Southern Wild, Before Midnight, and The Skeleton Twins to name just a few that never reached 1,000 screens in their runs.


- Erik Childress can be heard each week on the WGN Radio Podcast evaluating box office with Nick Digilio.

[box office figures via Box Office Mojo]

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