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THE MEG | 384.8 M overseas ● 530.2 M worldwide

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@Mr Impossible DHD is going with 90m OS OW

 

With 42 overseas markets open through Friday, Warner Bros’ prehistoric shark The Meg has chomped down on $34.5M at the international box office. That includes a $16.2M Friday in China, but not Saturday’s fish flash of another $16.1M there. All told, the Chinese co-production is now looking at a debut offshore weekend around the $90M mark.

 

The UK opened on Friday to an estimated $1.5M on 750 screens, narrowly ranking No. 2. The result is 11% ahead of Rampage, 43% ahead of London Has Fallen and more than double White House Down and Into The Storm.
 
Mexico caught $1.5M on 2,123 screens for a dominant No. 1 and surpassing nearly all of the comps including more than doubling Geostorm and coming in 62% ahead of Rampage.
  
Spain also swam in at No. 1 on Friday, baiting the hook with $830K on 307 screens. That’s double-plus on WB titles San Andreas, Geostorm and Rampage.

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Total Lifetime Grosses
Domestic:  $44,500,000    31.4%
+ Foreign:  $97,000,000    68.6%

Worldwide:  $141,500,000

 

International debuts for The Meg include: China - $50.3M

Mexico - $6.2M

Russia - $5.0M

U.K. - $4.4M

Spain - $2.4M

Malaysia - $2.3M

Indonesia - $2.3M

Brazil - $2.1M

UAE - $2.0M

Germany - $1.9M

Italy - $1.7M

#TheMegTheMeg_2018.png #BoxOffice

Edited by titanic2187
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From DHL

Warner Bros/Gravity Pictures’ prehistoric shark took a whale of a bite out of the box office in its opening this session as it surprised both at homeand abroad. With $96.8M across 42 offshore markets, The Meg gobbled up a global launch of $141.3M.

 

Out of the total international box office debut, China turnstiles gave the co-production $50.3M. That’s a strong start in a competitive landscape with the Sunday estimate ($17.5M/RMB 120M) increasing on the Friday and Saturday. This bodes well for the midweeks — and it helps that one of the local pictures above it is dropping fast.

 

The Meg Jason Statham Li Bingbing
Nina PrommerShutterstock

The Meg played on 12,650 screens in China and topped nearly all comps including Skyscraper, San Andreas and the Jason Statham-led The Mechanic: Resurrection(by 109%). Statham is a big draw in the Middle Kingdom and supported the movie on two recent trips there.

 

The film falls under the Flagship Entertainment joint venture formed by Warner Bros, China Media Capital and TVB in 2015. Flagship’s Gravity is releasing in the PROC where WB gets a bigger chunk of the box office because of the co-pro status (43% + ancillary vs 25%-27% full-stop).

This is the first picture to surface from the JV pact to develop and produce Chinese-language titles, including global tentpoles, for worldwide distribution. The Meg of course is in English, but incorporates plenty of Chinese elements.

Contrary to recent China co-productions which have struggled outside the Middle Kingdom, The Meg’s formula of summer fun, the universality of shark tales and a marketing campaign that promised a good time on a movie that does not take itself too seriously delivered on a global level. (As Anthony has pointed out, profitability is still to be assessed on the expensive proposition.)

The Jon Turtletaub-directed popcorn flick was No. 1 in 28 of its opening markets. In Europe, it’s comping well ahead of titles like Rampage, Geostorm, London Has Fallen and Into The Storm. Likewise in Asia (outside China) it’s tops in nearly all hubs while in Latin America it is the No. 1 movie everywhere it’s been released.

IMAX splashed in with $13.6M on 1,074 screens in 46 markets. In China, the shark hooked $7M on 520.

Directed by Jon Turtletaub, Warner Bros/Gravity Pictures’ sci-fi thriller about a prehistoric 75-foot-long predator, the Megalodon, hooked a $96.8M start at the international box office. With its domestic over-performance, the movie swam to $141.3M in the worldwide launch.

 

 

Jason Statham stars in the movie that knows it’s a summer popcorn flick and which benefits from a China co-production under WB’s Flagship Entertainment joint venture. China is clearly a key play here (the studio gets a higher return from Middle Kingdom turnstiles as a co-pro) and a $50.3M start is very solid in a competitive marketplace. The Meg jumped up to No. 2 on Sunday there as local pic iPartment declined amid controversy and confusion.

The shark has just a 6.1 on Douban in China, but that didn’t hurt it this weekend with Statham a big draw locally and as Sunday’s number came in higher than the Friday and Saturday. Forward momentum will be something to watch as yet another local title bobs up on Friday (Jingle Ma’s Europe Raiders) along with the arrival of Hotel Transylvania 3: Summer Vacation.

It’s early days, and profitability is to be assessed, but it’s interesting that recent China co-productions like The Great Wall and Warcraft did big business in the Middle Kingdom yet struggled elsewhere. There are Chinese elements in this movie, but at first blush, it certainly appears to have wider global appeal. It comes at a time when talks between the USTR (on behalf of the MPAA) and China’s gatekeepers are at a stalemate due to Donald Trump’s trade war. While some have expressed fears that this could eventually impact Hollywood (which would like to see more favorable terms for movies in China), the Middle Kingdom has recently granted several extensions to studio movies and is letting more in earlier this summer than last. Part of that is believed to be a means to keep box office growth on the fast-track overall, but it’s also seen as a sign the PROC powers that be recognize the importance of the relationship between the two markets.

Looking elsewhere, The Meg was No. 1 in 28 markets, No. 1 across Europe and Latin America and No. 1 in nearly all Asian hubs outside China. It’s performing very well against comps like Rampage, Geostorm, London Has Fallen, Into The Storm, White House Down, Skyscraper and San Andreas in most plays.

China was the top opening, followed by Mexico at No. 1 with 63% of the Top 5 films. The gross there was $6.2M from 2,739 screens and is the biggest 2018 opening weekend for a WB film.

In Russia, the shark bit into 70% of the Top 5, generating $5M from 2,622 screens and topping comps (in both Russia and Mexico, The Meg opened higher than Fallout‘s recent debut).

Mamma Mia 2 shimmied out of the UK No. 1 slot for the first time since its release as The Meg swam in to replace it with $4.4M on approximately 750 screens. Spain was also a No. 1 bow with $2.4M from 307, surpassing Rampage by 87% and San Andreas by 115%.

In the South East Asian hubs, Malaysia led with $2.3M on 500 and Indonesiareeled in $2.3M from 611 — notably besting Kong: Skull Island by 34%.

Brazil made $2.1M from 882 and the UAE took a fantastic $2M from 130 screens.
 
Germany kept Tom Cruise in control at No. 1 with The Meg at No. 2 on $1.9M from 557. At No. 1 in Italy, The Meg made $1.7M from 363.

There are still more markets to come with Korea and Australia pushing the boat out this weekend, followed by France on August 22 and Japan on September 7.

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From DHD:

 

Directed by Jon Turtletaub, Warner Bros/Gravity Pictures’ sci-fi thriller about a prehistoric 75-foot-long predator, the Megalodon, hooked a $101.5M start at the international box office. With its domestic over-performance, the movie swam to $146.8M in the worldwide launch.

Jason Statham stars in the movie that knows it’s a summer popcorn flick and which benefits from a China co-production under WB’s Flagship Entertainment joint venture. China is clearly a key play here (the studio gets a higher return from Middle Kingdom turnstiles as a co-pro) and a $50.7M start is solid in a competitive marketplace. The Meg jumped up to No. 2 on Sunday there as local pic iPartment declined amid controversy and confusion.

The shark has a 6.1 on Douban, but an 8.8 on Maoyan in China. Statham is a big draw locally and Sunday’s number came in higher than the Friday and Saturday. Forward momentum will be something to watch as yet another local title bobs up on Friday (Jingle Ma’s Europe Raiders) along with the arrival of Hotel Transylvania 3: Summer Vacation.

The film comes at a time when talks between the USTR (on behalf of the MPAA) and China’s gatekeepers are at a stalemate due to Donald Trump’s trade war. While some have expressed fears that this could eventually impact Hollywood (which would like to see more favorable terms for movies in China), the Middle Kingdom has recently granted several extensions to studio movies and is letting more in earlier this summer than last. Part of that is believed to be a means to keep box office growth on the fast-track overall. The PROC powers that be recognize the importance of the relationship between the two markets, and hopefully co-productions don’t become entangled in the political mess. Either way, the industries are expected to continue hammering away at a recipe for co-pro success.

Looking elsewhere, The Meg was No. 1 in 34 markets, No. 1 across Europe and Latin America and No. 1 in nearly all Asian hubs outside China. It’s performing very well against comps like Rampage, Geostorm, London Has Fallen, Into The Storm, White House Down, Skyscraper and San Andreas in most plays.

China was the top opening, followed by Mexico at No. 1 with 63% of the Top 5 films. The gross there was $6.3M from 1,936 screens and is the biggest 2018 opening weekend for a WB film.

In Russia, the shark bit into 66% of the Top 5, generating $5.3M from 2,622 screens and topping comps (in both Russia and Mexico, The Meg opened higher than Fallout‘s recent debut) and is the biggest opening for a WB release there to date this year.

Mamma Mia 2 shimmied out of the UK No. 1 slot for the first time since its release as The Meg swam in to replace it with $4.4M on approximately 717 screens. Spain was also a No. 1 bow with $2.4M from 307, surpassing Rampage by 87% and San Andreas by 115%.

In the South East Asian hubs, Malaysia led with $2.4M on 506 and Indonesiareeled in $2.7M from 650 — notably besting Kong: Skull Island by 34%. Thailand also slotted No. 1 with a weekend of $1.7M at 453 screens, which repped 69% of the top 5 films.

Brazil made $2.1M from 882 and the UAE took a fantastic $2.1M from 133 screens.

Germany kept Tom Cruise in control at No. 1 with The Meg at No. 2 on $1.86M from 557. At No. 1 in Italy, The Meg made $1.93M from 363 repping 63% of the box office.

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30.5m of the 67m Int'l weekend comes from the middle kingdom. The rest of the world contributed (67-30.5) = 36.5m.

 

Rest of the World - (Australia+South Korea) = [36.5 - (3.2+2.5)] = 30.8m.

 

Let's assume the combined OW from Argentina, Peru, Sweden & Norway will amount to 4m. So the sophomore weekend from the existing countries would be (30.8-4) = 26.8m.

 

That would be down 47.1% from the OW. K:SI dropped 53.6% in it's 2nd OS weekend. The Meg will have a better 2nd weekend drop than K:SI unless the latter opens to 7.3m combined OW from the other 4 OS territories.

 

We need to keep in mind that K:SI was battling against BATB in it's sophomore frame so it was bound to drop harsher w.r.t The Meg. But this is still a fantastic hold for The Meg and it'll get even better when we get the actuals tomorrow.

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Screendaily: The Meg crossed $300m worldwide and stayed atop Hollywood’s international pile as an estimated $67m from 55 territories propelled the running total to $230.4m and $314.1m worldwide.

The giant shark thriller added $30.5m in China via co-financier Gravity Pictures to rank second and reach $117.2m. It held on to number one in 21 holdover markets led by Mexico on $3.7m for $13.6m, Russia on $2.3m for $10m, and Brazil on $1.5m for $4.5m. It ranks third in the UK after adding $2.8m for $11m.

In other second weekend results the tentpole starring Li Bingbing and Jason Statham added $1.5m in Indonesia for number one and a $5.1m running total, $1.4m in Spain for number two and $6m, $1.2m in Malaysia for number two and $4.2m, and $1.1m in Germany for number three and $3.6m. The UAE and Taiwan have generated $3.52m and $3.5m, respectively.

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