October 13 , 2002

I’ve got good news … and I’ve got bad news.

First, the good. Based on estimates, weekend business was up by a resilient 23%.

And now for the tarnished lining. With the launch of six national releases and at least seven limited openers, there were very few instances where any film was performing to its full potential. Briefly stated, the frame’s potency was based on length not strength. That was very bad news for mainstream releases, but a couple of specialized debuts - Sony’s Punch-Drunk Love and UA’s Bowling for Columbine -  managed to rise above the fray.

Just to underline the point, the top two films in the marketplace were holdovers. Universal’s Red Dragon fell 52% from its opening frame and still managed to retain top position with a weekend estimated at $17.7 million. It was followed by Touchstone’s Sweet Home Alabama with $14.3 million for the three days and a more modest 33% erosion.

Best of the openers was Fox Searchlight’s Afrocentric Brown Sugar, arriving with $11.2 million and an impressive $8,180 theater average. Of all the debuting movies, it came closest to meeting its potential. However, its subject matter and a marketplace that will continue to be competitive bode ill for the sort of crossover potential that The Barbershop has experienced.

Big Fox had mixed results for its actioner The Transporter which bowed with $9.1 million. Its gross was affected by competition from New Line’s oft-delayed Knockaround Guys. Still, a month ago, the film was tracking so poorly that executives feared it might open to less than $5 million and the studio stepped up its marketing campaign. To that end, the film gained momentum but, even with a concerted push, can’t expect  more than a $30 million final tally.

Battling it out for seventh and eighth and positions were Warner Bros.’ White Oleander and Disney’s “Tuck Everlasting, both based on, albeit very different, novels. The more adult Oleander appeared slightly ahead with $5.4 million to Tuck’s $5.3 million. Touted as an award contender, White Oleander should have benefited from a marquee cast, its literary origins and a potentially compelling human drama. Obviously with a screen average of $3,580 it fell below expectations. A studio rep, while not wowed by the public response, maintained that slotting it closer to Christmas likely would not have improved its commercial prospects.

Tuck Everlasting, based on a kid-lit classic, looked too much like one’s worst sense of a homogenized Disney movie. What has that studio’s execs scratching their heads is why the film isn’t playing like a family movie. Its Saturday business rose only 21% when expectations were for a 40% to 50% boost. If it continues playing in this matter, Tuck, in industry parlance, is history.

New Line’s two-year-old Knockaround Guys escaped with just shy of $5 million which was an OK result. Van Diesel’s new found stardom is being credited for its credible showing in the crowded marketplace.

Ranking 12th was Lions Gate’s Gen-X The Rules of Attraction with a $2.4 million debut. The most brutalized by competition, the film had an otherwise savvy ad campaign. However, as everyone in the industry can attest, being second choice for the majority translates unfavorably in a commercial sense.

Among holdovers what more can be said about My Big Fat Greek Wedding. Slotting 6th with $8 million and a 4% slide after 26 weeks bears witness to the year’s most astonishing success story.

Several rungs below, Artisan’s animated Jonah: A Veggie’s Tale Movie added 234 theaters and $3.7 million to its larder. Its $11 million current cume should translate to boffo video sales.

In limited debuts, Miramax decided to slip in a couple of titles acquired for their video potential. Warner Bros. passed on the animated Japanese franchise Pokemon 4Ever and the Weinstein clan saw the opportunity for a modest pickup. The film grossed roughly $660,000 from 249 theaters. The company’s modestly produced submarine yarn Below earned $180,000 from 168 runs.

The big news in specialized release was Sony’s off-kilter romantic comedy Punch-Drunk Love which was packing ‘em in at 5 locations to the tune of $380,000 and a stunning $76,000 screen average. The odd coupling of Adam Sandler and Emily Watson received rave reviews and will expand to 11 cities next weekend and add about 80 theaters.

Also getting great critical response that translated commercially was Michael Moore’s non-fiction Bowling for Columbine. It debuted in eight theaters and grossed close to $200,000. Not quite as potent was Miramax’s docu Comedian with close to a $60,000 gross in four 3-day (and night) stands.

Conversely, slammed by the critics and released to contractual limits, Sony’s redo of Swept Away ebbed to $370,000 from 196 playdates. In Canada, Alliance released the family drama Virginia’s Run for its Thanksgiving holiday weekend and grossed an estimated $140,000 in three days from 111 tracks.

Weekend (October 11-13 estimate)

Title
Distributor
Gross (average)
% change
Theaters
Cume Total (mil)
Red Dragon
Uni
17.7 (5,260)
-52% 3363
63.3
Sweet Home Alabama
BV
14.3 (4,320)
-33% 3313
84.7
Brown Sugar
Searchlight
11.2 (8,180)
1372
11.2
The Transporter
Fox
9.1 (3,550)
2572
9.1
My Big Fat Greek Wedding
IFC
8.0 (3,980)
-3% 2016
158.5
The Tuxedo
DreamWorks
6.5 (2,160)
-36% 2985
36.4
White Oleander
WB
5.4 (3,580)
1510
5.4
Tuck Everlasting
BV
5.3 (4,520)
1185
5.3
Knockaround Guys
New Line
4.9 (2,700)
1806
4.9
The Barbershop
MGM
3.8 (1,990)
-43% 1911
65.2
Jonah: A Veggies Tale Movie
Artisan
3.7 (3,130)
-40% 1174
11
The Rules of Attraction
Lions Gate
2.4 (1,680)
1430
2.4
The Banger Sisters
Searchlight
1.8 (1,130)
-48% 1596
27.4
Moonlight Mile
BV
1.1 (2,490)
-42% 437
4
The Four Feathers
Par
1.0 (790)
-51% 1281
17.2
Signs
BV
.78 (970)
-53% 802
224.6
One Hour Photo
Searchlight
.71 (1,090)
-59% 656
30.1
Pokemon 4Ever
Miramax
.66 (2,650)
249
0.66
Spy Kids 2
Miramax
.58 (2,650)
-54% 888
84
Spirited Away
BV
.55 (3,990)
-10% 138
2.6
Weekend Total ($500,000+ Films)
99.5
% Change (Last Year)
-6%
% Change (Last Week)
23%

Also Debuting/Expanding
Igby Goes Down MGM
.42 (3,950)
-12% 155
3.3
Punch-Drunk Love Sony
.38 (76,200)
5
0.38
Swept Away Sony
.37 (1,870)
196
0.37
Bowling for Columbine MGM
.19 (23,240)
8
0.19
Below Miramax
.18 (1,090)
168
0.18
Virginia's Run Alliance
.14 (1,240)
111
0.14
Comedian Miramax
.06 (14,450)
4
0.06
Bloody Sunday Par Classics
.05 (3,960)
77% 13
0.1

INTERNATIONAL MARKET SHARE (January 1 - October 10)

Company (Titles Tracked)
Gross (millions)
Market Share
Columbia TriStar (19) 1085.1 16.60%
Fox (23) 1032.5 15.80%
Warner Bros.(23) 885.1 13.50%
UIP (26) 722.9 11.00%
Buena Vista Intl (19) 717.1 11.00%
New Line (9) 695.1 10.60%
Toho (12) 177.6 2.70%
Miramax (11) 149.7 2.30%
Pathe (5) 133.3 2.00%
Capital Films (6) 69.3 1.10%
Beacon (1) 63.3 1.00%
Intermedia (4) 62.1 0.90%
UGC Intl (4) 57.3 0.90%
Studio Canal (4) 57.2 0.90%
CJ Entertainment (3) 50.6 .80%
Others * (65) 585.6 8.90%
6543.8
100.00%
* none greater than .6%

TOP DOMESTIC GROSSERS (January 1 - October 10)

Title
Distributor
Gross
Spider-Man
Sony
406,518,162
Star Wars, Episode 2
Fox
302,063,768
Signs
BV
223,832,926
Austin Powers Goldmember
New Line
212,253,846
Men in Black II
Sony
193,011,311
Ice Age
Fox
176,387,405
A Beautiful Mind *
Uni
155,391,330
Scooby-Doo
WB
153,079,447
My Big Fat Greek Wedding
IFC
150,500,895
Lord of the Rings *
New Line
149,269,311
Lilo & Stitch
BV
143,706,658
xXx
Sony
140,765,794
Minority Report
Fox
131,869,629
Mr. Deeds
Sony
125,690,285
The Bourne Identity
Uni
120,809,195
The Sum of All Fears
Par
118,870,523
Black Hawk Down *
Sony
109,009,105
The Road to Perdition
DmWks
103,801,479
Panic Room
Sony
96,397,334
The Scorpion King
Uni
91,047,077
* numbers do not include 2001 box office

 

 


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