Tag Archives: space jam: a new legacy

Old and Snake Eyes Take the Top Two Spots as Space Jam Plummets

Old

It was two new films at the top of the box office for the weekend. Old took the top spot earning an estimated $16.5 million. The film also grossed $6.5 million internationally for a worldwide opening of a little over $23 million.

In second place was Snake Eyes: G.I. Joe Origins. The film opened with $13.4 million domestically and internationally it grossed $4 million. That puts the film at $17.4 million after its first weekend.

Black Widow slipped one spot earning an estimated $11.6 million. That brings its domestic total to $154.8 million. Over the week, the film added $59.4 million internationally to bring that total to $160.1 million. Worldwide, the film has grossed $314.9 million.

In fourth place was the last weekend’s champ, Space Jam: A New Legacy. The film dropped 69.2% to bring in an estimated $9.6 million. Domestically, the film has earned $51.4 million. Internationally, the film grossed about $19.6 million to bring that total to $42.6 million. Worldwide, the film has grossed just under $94 million.

Rounding out the top five was F9: The Fast Saga. The film grossed an estimated $4.7 million to bring its domestic total to $163.4 million. Internationally, the film added about $400,000 to its total to bring that to $436.8 million. Worldwide, the film has grossed $600.2 million.

Initial numbers have 55 films earning $70,566,747 from 34,099 theaters. That’s another solid dip from last weekend’s 40 films which earned $91,530,003 from 30,712 theaters. The average earning was $2,069.47 this past weekend, a drop from the previous weekend’s $2,980.27.

Black Widow Plummets While Space Jam: A New Legacy Dunks to Take First

Space Jam: A New Legacy

There’s a new weekend box office champ as Space Jam: A New Legacy took first place. The film, which also debuted on HBO Max, earned an estimated $31.7 million domestically. Internationally, the film earned a little over $23 million. Worldwide, the film opened with $54.7 million.

Black Widow tumbled from first place losing 67.3% from the previous weekend. The film brought in an estimated $26.3 million to bring its domestic total to a little over $132 million. Internationally, the film added about $22.7 million over the week to bring that total to $100.7 million. Worldwide, the film has earned $232.7 million. The film has also earned over $60 million from Disney+ early access putting its actual gross around $300 million so far.

Escape Room: Tournament of Champions debuted in third place. The film earned $8.8 million domestically and $4.5 million internationally. Worldwide, the film has grossed $13.3 million.

F9: The Fast Saga is slowing down and came in fourth place over the weekend. It grossed an estimated $7.6 million domestically to bring that total to $154.8 million. Internationally, the film added about $35.9 million over the week to bring that to $436.4 million. Worldwide, the film has grossed $591.3 million.

The Boss Baby: Family Business rounded out the top five. The film added $4.7 million to its domestic total to bring that to $44.6 million. Internationally, the film added about $2 million to its total over the week to bring that to $3.7 million. Worldwide, the film has grossed $48.3 million.

Initial numbers have 40 films earning $91,530,003 from 30,712 theaters. That’s solid but a dip from last weekend’s 39 films which earned $119,147,708 from 28,025 theaters. It’s still one of the best weekends of the year so far. The average earning was $2980.27 this past weekend, a drop from the previous weekend’s $4,251.48.

Warner Bros. Shakes Things Up with Dueling Releases on HBO Max and Theaters for 2021

Warner Bros.

It was going to eventually happen but COVID has sped things up as Warner Bros. is making an earthshaking move when it comes to movie distribution. The studio will send 17 films to HBO Max for 31 days, to be released the same day as theaters.

Wonder Woman 1984‘s HBO Max and theater release on Christmas day was just the tip of the iceberg as more are to come.

The studio’s 2021 slate includes The Suicide Squad, The Matrix 4, Dune, Godzilla vs. Kong, and Space Jam: A New Legacy. Other films include Little Things, Judas and the Black Messiah, Tom & Jerry, Mortal Kombat, Those Who Wish Me Dead, The Conjuring: The Devil Made Me Do It, In The Heights, Reminiscence, Malignant, The Many Saints of Newark, King Richard, and Cry Macho.

The decision will cause an uproar from theater owners who not only lose in this model but are struggling, and will struggle, to stay open due to the pandemic. The decision, according to reports, was not shared with exhibitors and was kept secret at Warner Bros. The studio will likely need to renegotiate with theater chains and offer up something so to as not completely lose their support.

But, something needed to be done. With a still unknown future and COVID vaccination likely to take most of 2021 the release schedule would be shaky and risky to rely just on theaters. Further delays would hurt the entire industry further creating a backlog of productions and likely cutting numerous projects as held up films would take up future release dates creating a ripple effect.

Ann Sarnoff, chair and CEO, WarnerMedia Studios and Networks Group said:

We’re living in unprecedented times which call for creative solutions, including this new initiative for the Warner Bros. Pictures Group. No one wants films back on the big screen more than we do. We know new content is the lifeblood of theatrical exhibition, but we have to balance this with the reality that most theaters in the U.S. will likely operate at reduced capacity throughout 2021. With this unique one-year plan, we can support our partners in exhibition with a steady pipeline of world-class films, while also giving moviegoers who may not have access to theaters or aren’t quite ready to go back to the movies the chance to see our amazing 2021 films. We see it as a win-win for film lovers and exhibitors, and we’re extremely grateful to our filmmaking partners for working with us on this innovative response to these circumstances.

WarnerMedia CEO Jason Kilar added:

After considering all available options and the projected state of moviegoing throughout 2021, we came to the conclusion that this was the best way for WarnerMedia’s motion picture business to navigate the next 12 months. More importantly, we are planning to bring consumers 17 remarkable movies throughout the year, giving them the choice and the power to decide how they want to enjoy these films. Our content is extremely valuable, unless it’s sitting on a shelf not being seen by anyone. We believe this approach serves our fans, supports exhibitors and filmmakers, and enhances the HBO Max experience, creating value for all.

Warner Bros. Pictures Group chairman Toby Emmerich also said:

This hybrid exhibition model enables us to best support our films, creative partners and moviegoing in general throughout 2021. We have a fantastic, wide-ranging slate of titles from talented and visionary filmmakers next year, and we’re excited to be able get these movies in front of audiences around the world. And, as always, we’ll support all of our releases with innovative and robust marketing campaigns for their theatrical debuts, while highlighting this unique opportunity to see our films domestically via HBO Max as well.

The films will roll at internationally as planned and the decision is focused on the US audience.