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Everything posted by EmpireCity
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It is going to be really interesting to see how the Disney board responds to this. I know some here and other places are thinking this somehow will prove Chapek correct on his Disney+ strategy. Given how loyal that board still is to Bob Iger and others, my guess is they are really fucking pissed right now and more likely see this as Chapek taking the premiere animation studio that printed billions for a couple of decades and cheapening it and costing Disney millions literally overnight. If anything, I think other studios are looking at what Disney and Chapek did to Pixar and thinking even more that taking these movies out of theaters and putting them on streaming is incredibly damaging.
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The last 2 weeks TG2 increased 70% and 60% from the previous day on Friday. Saturday TG2 increased 44% and 43% from the previous day. Tonight it looks like TG2 is increasing about 77% to $11m. Given the nature of Father's Day weekend, I wouldn't be shocked to see it increase 55% or more tomorrow. Maybe is around $17m. Then on Father's day it likely holds really strong or even possibly increases. That would put it at $45m for the weekend. We should know really early in the morning if this is happening.
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I usually would think so as well, but I looked at tickets for Saturday and Sunday at a number of theaters and there was nothing but front row seats left even at 9am in the morning all the way through the rest of the day on Saturday and through the prime shows on Sunday. I've also noticed a few theaters took away Lightyear shows that hadn't sold any tickets yet and added in more TG2.
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I continue to think Lionsgate is having financial troubles getting marketing together, or even more likely they are holding their film inventory for a potential buyer. This is the 4th movie they have moved or sold off in the last few months. The Devil's Light moved very late from February to October, The Unbreakable Boy disappeared from the schedule, Shotgun Wedding was sold, and now Margarent is moving. Still haven't set a date for Expendables 4 and Dirty Dancing won't be ready until 2024. They are asking for White Bird to trailer on films, so maybe that won't move.
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First, nothing from a major studio is around for a week and disappears. Everything stays for 2 weeks minimum. Mid-February 2023 is where it starts to ramp up. Ant-Man, Cocaine Bear, and then into March where you get D&D, Haunted Mansion, Aquaman 2, John Wick 4 and Scream 6. Compare that to March 2022. April 2023 has On a Wing and a Prayer, Super Maro Bros., George Foreman Biopic, Renfield, 65, The Last Train to New York and Are You There God, It's Me Margaret. May through August 2023 are loaded. The volume is night and day vs. 2022.
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1. I disagree that people here want to support movies in theaters. Much like a lot of sports writers, many people here seem to get a weird sense of joy whenever what they are supposed to enjoy covering or following does poorly. The shittier results draw in all sorts of people that love to wallow in filth. 2. I haven't overcorrected, and it in fact isn't clear that theaters aren't recoving back to the halcyon days. In fact, Axios just put out their analysis as well as a few others I respect internally that fully expect 2023 to return to previous levels. 3. The depth isn't there due to a lot of pandemic related issues. It is going to take a while for supply to catch up. It's going to be depleted until early next year. Most productions went through shut downs, longer shooting due to covid protocol and VFX and post production is running behind. 4. Dog, Everything, Everywhere, The Lost City and multiple others show that theatrical is fully capable of supporting films beyond big tentpole movies. The mistake others made before and you are making now is putting some sort of accelerated time limit on theatrical to get immediatly back from the effects of a global pandemic. Given time, it can and will recover. In fact, it is going to recover and continues to recover in a big way. It's going to take time, but it's going to happen. I've said that from the start and every step of the way it continues to prove correct.
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The Box Office Buzz and Tracking Thread (December 2021 - July 2023)
EmpireCity replied to Cap's topic in Numbers and Data
There is no possible way it can include Wednesday from what I can see. -
I agree, an consider it disrespect to be so incredibly flippant (and wrong) about the theatrical industry. I've sat and listened to so many on this forum and twitter and in the media and even in the industry that have shit all over theaters for the better part of 2+ years. It's tiring, especially when so many have been blatantly and hilariously wrong. So to have it start up all over again in the last 24 hours with the doom predictions not based anywhere in reality is a bit triggering. Respect is a 2 way street.