BOX OFFICE REPORT
July 26-28, 2019
(estimates from BoxOfficeMojo.com)
|The Lion King||$75.5 million|
|Once Upon a Time
|Spider-Man: Far from Home||$12.2 million|
|Toy Story 4||$9.8 million|
Even though The Lion King continued to rule, the big story this weekend is definitely Once Upon a Time in Hollywood. The Disney remake dominated once again, though it dropped a sizable 60 percent. It's already made $350 million domestically in just 10 days, vaulting into the No. 4 position on the annual chart. By next week, it should be close to taking over second place. Oh, and it's already nearing $1 billion worldwide. Its performance has helped Disney become the highest-grossing studio of all-time in just seven months. It should be noted that the studio has achieved this with Maleficent: Mistress of Evil, Frozen II and Star Wars: The Rise of Skywalker still remaining.
But let's talk about the good: Despite boasting no pre-existing IP (other than an enduring cultural fascination with Charles Manson), an R-rating, and a runtime that seems to be lauded amongst comic book movies but questioned in non-blockbusters, Once Upon a Time in Hollywood opened with an excellent $40 million. That's the best opening for Quentin Tarantino in his storied career, topping Inglourious Basterds a decade ago. It's also among the top 5 debuts for both Leonardo DiCaprio and Brad Pitt. So the sky hasn't fallen completely. Audiences do still care about original stories with movie stars. It just might take two of this caliber – plus a true-crime angle – to get them to the theater.
Spider-Man: Far from Home earned another $12.2 million, officially topping Homecoming. It might not be able to pass Spider-Man 2's $373 million, but it's already far and away the biggest movie in the franchise worldwide. Toy Story 4 continued to hold strong as it nears $400 million. Adjusting for inflation, each movie has performed strongly, with Toy Story 3 as the top film and a bit of an outlier. Crawl hung around the top 5, bringing its total north of $30 million.
Outside the top 5:
- This Weekend's Indie Champ: Honeyland, a documentary about the last female bee hunter in Europe. The film won three awards at Sundance and averaged $15,000 on its pair of screens.
- The Farewell added 100 screens, pushing its way into the top 10. The dramedy has earned $3.6 million in three weeks of limited release and goes wide next weekend.
- After nine weeks in release, it looks like Rocketman won't crack $100 million. It also won't cross $200 million worldwide. Why this movie did fine while Bohemian Rhapsody nearly made $1 billion will baffle me forever.
There's only one new wide release and it will definitely be the No. 1 movie. Hobbs & Shaw is the first spin-off from the Fast & Furious franchise. Will it perform just as well as those past few movies, somewhere in the $90-100 million range? It's certainly possible, but I have a gut feeling it will perform closer to the last few Mission: Impossible movies. I'm predicting a $65 million opening, and it could easily dominate throughout the entire month of August.