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Weekend Numbers: Thursday Previews - INFERNO: $800k

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2016 will go down as the year when box office became the realm of blockbusters only.

 

This trend is going to continue.

 

People will go see the event films,comic book movies and independent horror will be okay,and of course the big family films and Pixar tentpoles, but this is a troubling pattern. People don't want to pay to see movies anymore 

 

Look at the demise of Hollywood Video,Borders,Blockbuster and now Hastings. Even Barnes and Noble is scrambling to reinvent themselves." If you can stream it,why buy it?" is going to be the trend moving forward.

Edited by GuardianDevil
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Young people will always lean on movies for dates,no doubt. Families will still take their kids to make them happy. Nerds (of which I count myself) will turn up for the comic,Star Wars films etc.,but this year has been eye opening to the changing landscape.

 

If anything I think we see a push for bigger event films and small independent releases scaling back their budgets even further. It can't be denied that something is changing in viewing habits.

 

There is simply too much competition for viewers attention. Netflix,cable,YouTube,Redbox and streaming apps come to mind.

 

We have a few legit blockbusters coming up in Dr. Strange,Fantastic Beasts,Moana,Rogue One and Sing. Other than that I think the biggest saving grace for the other sixty or so films of 2016 is going to be worldwide box office. That may ultimately be where the studios make their money from here on out.

 

I'm not saying the sky is falling,but a trip to the cinema is no longer something that this country relies on for its entertainment.

Edited by GuardianDevil
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With 16.6 ow (Deadline) Inferno will need 3x to get to 50 dom.

A&D did 2.89x (which would give Inferno ~48 dom).

If the multi falls below 2.78x, Inferno will end below A&D's ow (46.2).

Edited by a2knet
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I think we're also in the era of reviews really mattering.  This combines with having so much to watch via Netflix etc. 

Reviews don't hurt the likes of tentpoles like BvS/Suicide Squad, but for a third instalment of a mildly liked franchise - the reviews killed this. I think the interest is there, but people are wary of spending money on it. 

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31 minutes ago, wildphantom said:

I think we're also in the era of reviews really mattering.  This combines with having so much to watch via Netflix etc. 

Reviews don't hurt the likes of tentpoles like BvS/Suicide Squad, but for a third instalment of a mildly liked franchise - the reviews killed this. I think the interest is there, but people are wary of spending money on it. 

Yeah, it's not like The Da Vinci Code or Angels & Demons were movies people loved from the get-go. As they say, fool me once...

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Considering how bad Inferno supposedly is (and the $20-25 million OWs for near every adult-skewing thriller this month) and the sequelitis fron summer, it's not too surprising.

 

Trolls, Doctor Strange, Hacksaw Ridge, Arrival, Fantastic Beasts, Moana, Office Christmas Party, Rogue One, La La Land, Passengers, Sing and Fences all seem poised to do solid this holiday season.

 

Fall 2016 lacked a Martian, Gravity or Gone Girl to push it over the edge in performance. 

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Deadline is also reporting a $23K average over the weekend for Moonlight from 36 theaters. Pretty good still, apparently they're opening it in only 200 more theaters at most next weekend and then will continue to see how it plays out throughout awards season. Hope it makes as much as it can.

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1 hour ago, mahnamahna said:

Considering how bad Inferno supposedly is (and the $20-25 million OWs for near every adult-skewing thriller this month) and the sequelitis fron summer, it's not too surprising.

 

Trolls, Doctor Strange, Hacksaw Ridge, Arrival, Fantastic Beasts, Moana, Office Christmas Party, Rogue One, La La Land, Passengers, Sing and Fences all seem poised to do solid this holiday season.

 

Fall 2016 lacked a Martian, Gravity or Gone Girl to push it over the edge in performance. 

 

Thing is, Inferno really isn't bad at all. It's perfectly fine. If you enjoyed the other two you'll enjoy this one. I actually enjoyed it more than some better reviewed films of the last few weeks. 

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Despite having a bigger opening weekend, it looks like Jack Reacher 2 is going to come in under Jack Reacher. It's looking like a 55-60m finish. 

Madea holding as well as it can, should have enough gas to crack 60m. Passing, A Madea Christmas, which is a great result. 

The Accountant holding nicely, will likely end up the highest grossing October film somewhere around 80m. Ben Affleck is a movie star. 

 

 

 

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6 hours ago, GuardianDevil said:

2016 will go down as the year when box office became the realm of blockbusters only.

 

This trend is going to continue.

 

People will go see the event films,comic book movies and independent horror will be okay,and of course the big family films and Pixar tentpoles, but this is a troubling pattern. People don't want to pay to see movies anymore 

 

Look at the demise of Hollywood Video,Borders,Blockbuster and now Hastings. Even Barnes and Noble is scrambling to reinvent themselves." If you can stream it,why buy it?" is going to be the trend moving forward.

 

 

This video makes the argument that with rising ticket prices, that Americans will only pay to see a few movies per year, and that Disney is swallowing up a bunch of franchises to corner the market.

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31 minutes ago, fracfar said:

 

 

This video makes the argument that with rising ticket prices, that Americans will only pay to see a few movies per year, and that Disney is swallowing up a bunch of franchises to corner the market.

Ticket prices haven't really risen in the past few decades other than with inflation.

When you factor in inflation, average cinema ticket now is only 10% more expensive than it was in 1996 (20 years ago).

Edited by Treecraft
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Just now, Treecraft said:

Ticket prices haven't really risen in the past few decades other than with inflation.

When you factor in inflation, average cinema ticket now is only 10% more expensive than it was in 1996 (20 years ago).

seeing how discount Tuesdays is drawing in people, they should drop prices all week on the lower budgeted films.

They used to have price tiers based on budget and spectacle back in the 30s.

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5 minutes ago, No Prisoners said:

seeing how discount Tuesdays is drawing in people, they should drop prices all week on the lower budgeted films.

They used to have price tiers based on budget and spectacle back in the 30s.

Agree. They should have different ticket prices for different type of movies. 

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Friday, October 28, 2016
 

<<Prev Day <Wk <Mo <Yr  
  
>Yr >Mo > Wk >>Next Day
TD YD Title (Click to View) Studio Daily Gross % +/- YD / LW Theaters / Avg Gross To-Date Day
1 - Inferno Sony $5,600,000 - - 3,576 $1,566 $5,600,000 1
2 2 Boo! A Madea Halloween LGF $4,590,000 +223% -52% 2,299 $1,997 $39,934,343 8
3 1 Jack Reacher: Never Go Back Par. $2,900,000 +99% -67% 3,780 $767 $33,029,177 8
4 3 The Accountant WB $2,525,000 +103% -43% 3,402 $742 $55,307,172 15
5 4 Ouija: Origin of Evil Uni. $2,200,000 +186% -60% 3,167 $695 $19,768,625 8
6 5 The Girl on the Train (2016) Uni. $1,370,000 +100% -42% 2,758 $497 $63,018,480 22
7 6 Keeping Up with the Joneses Fox $1,050,000 +135% -47% 3,022 $347 $8,454,313 8
8 7 Miss Peregrine's Home for Peculiar Children Fox $1,040,000 +181% -36% 2,797 $372 $76,944,180 29
9 - Ae Dil Hai Mushkil FIP $765,000 - - 302 $2,533 $765,000 1
10 10 Storks WB $660,000 +211% -36% 1,901 $347 $66,119,612 36
11 8 Deepwater Horizon LG/S $638,000 +120% -41% 2,054 $311 $56,898,245 29
12 9 Kevin Hart: What Now? Uni. $526,000 +97% -61% 1,656 $318 $20,754,555 15
- 11 The Magnificent Seven (2016) Sony $390,000 +88% -46% 1,330 $293 $90,275,526 36
- - Middle School: The Worst Years of My Life LGF $335,000 +254% -44% 1,295 $259 $17,560,071 22
- - Moonlight (2016) A24 $277,516 +672% +111% 36 $7,709 $848,309 8
- 12 Sully WB $275,000 +92% -42% 855 $322 $121,692,965 50
-

 

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