Wednesday numbers: Shazam $2.60M | Pet Sematary $1.36M | Dumbo $936K | US $912K | CM $896K

[TalismanRing]

3 hours ago, terrestrial said:

 

https://variety.com/2019/film/box-office/shazam-box-office-opening-weekend-pet-sematary-1203177258/

 

I guess its again the difference between production budget and the agreed on budget, you will know, but as we have so many newbies for the moment:

 

Agreed on budget is what for the calculation how much it needs to make usually get used as a starting point.

If a movie films in a region where they can get e.g. tax rebates they can add that to the budget they get from their studio financiers.

Or someone knows already about later to pay money to e.g. actors, producers,... and added it already

Or a mix or

 

Reading through a few formulations, I guess its the production budget vs 'officially' budget confusion again

Deadline used recently more often the production budget in their texts.

But: I trust in general Variety, THR,... over Deadline, if there is still a difference I am with them.

 

If I'd known this get so divided, I'd saved all the articles as they were, last weekend were some not nice tries to make Shazam! look bad in a way that seemed to aim at stirring the pot.

 

$80m was also the budget # that was being knocked around before there were re-shoots.

[terrestrial]

8 minutes ago, TalismanRing said:

$80m was also the budget # that was being knocked around before there were re-shoots.

reshots over the amount the usual reshots?

[xiazhi]

5 hours ago, terrestrial said:

that is, what I try to get in certain members head since a time (I am pretty sure at least one here kones about this and still quotes DL).

 

2 weeks before the others Deadline wrote $100m. Later Variety, THR, and so on wrote less. Only BOM picked up the $100m, all other BO specialised stay with the lower numbers.

Lower means: $80-$90m (that high is only one source), but mostly I've seen $81-$85m, with the most weight on the high side of that spread = $85m

The latest Variety says "98m". Hollywood reporter also says 100m.

Edited April 11, 2019 by xiazhi

[sfran43]

 

[TalismanRing]

50 minutes ago, terrestrial said:

reshots over the amount the usual reshots?

Yes, 4 weeks.  Reportedly not to change the tone or anything but WB liked the movie and wanted to give it more budget for I gather bigger set pieces etc.

[terrestrial]

Maybe some titles will get added, but the most discussed ones seem to be on it

 

April 12 Estimates
Updated Thursday afternoons
 

<< Prev. Week < Last Year	View Index	Next Year > Next Week >>
Rank LW Title Distributor Theater Count Change % Change Week # > NEW RELEASES 4 - Missing Link United Artists Releasing 3,500 - - 1 5 - Hellboy (2019) Lionsgate/Summit 3,303 - - 1 8 - Little Universal 2,667 - - 1 9 - After (2019) Aviron 2,138 - - 1 29 - Mary Magdalene IFC 50 - - 1 35 - Teen Spirit Bleecker Street 4 - - 1 > EXPANDING 1 2 Shazam! Warner Bros. (New Line) 4,306 +89 +2.1% 2 16 15 The Mustang Focus Features 527 +177 +50.6% 5 28 60 Amazing Grace (2019) Neon 60 +52 +650.0% 6 30 49 The Kid (2019) Lionsgate 49 +27 +122.7% 6 > NO CHANGE 3 3 Pet Sematary (2019) Paramount 3,585 - - 2 10 9 The Best of Enemies STX Entertainment 1,705 - - 2 32 52 Sunset (2019) Sony Classics 18 - - 4 36 96 Christ Stopped at Eboli (re-release) Rialto 1 - - 2 > DECLINING 2 1 Dumbo (2019) Buena Vista 3,706 -553 -13.0% 3 6 4 Captain Marvel Buena Vista 2,975 -598 -16.7% 6 7 5 Us Universal 2,768 -744 -21.2% 4 11 6 Five Feet Apart Lionsgate 1,473 -1,011 -40.7% 5 12 10 Unplanned Pure Flix 1,402 -114 -7.5% 3 13 7 Wonder Park Paramount 1,172 -1,109 -48.6% 5 14 8 How to Train Your Dragon: The Hidden World Universal 822 -1,106 -57.4% 8 15 13 Hotel Mumbai Bleecker Street 617 -313 -33.7% 4 17 11 Tyler Perry's A Madea Family Funeral Lionsgate 475 -626 -56.9% 7 18 17 The LEGO Movie 2: The Second Part Warner Bros. 272 -50 -15.5% 10 19 16 The Aftermath Fox Searchlight 234 -110 -32.0% 5 20 25 They Shall Not Grow Old Warner Bros. 192 -6 -3.0% 17 21 20 The Upside STX Entertainment 179 -95 -34.7% 14 22 23 Green Book Universal 139 -74 -34.7% 22 23 19 No Manches Frida 2 Pantelion 135 -140 -50.9% 5 24 26 Apollo 11 Neon 126 -61 -32.6% 7 25 22 Isn't It Romantic Warner Bros. (New Line) 108 -108 -50.0% 9 26 12 The Beach Bum Neon 100 -955 -90.5% 3 27 29 Cold Pursuit Lionsgate/Summit 92 -26 -22.0% 10 31 41 Run the Race Roadside Attractions 25 -10 -28.6% 8 33 47 Never Look Away Sony Classics 16 -10 -38.5% 20 34 38 Arctic Bleecker Street 11 -38 -77.6% 11

[Barnack]

1 hour ago, terrestrial said:

they do not always know where they will film before green-lightning a movie with a certain budget, they do not know if the tax % will be stable till they start to actual film, when they start to go into production preparation, and some other reasons why there is a reason different numbers get spoken about.

This is a first time that I heard that, maybe on stuff that are auto-greenlight like some big sequel that they will do no matter the cost, but otherwise they greenlight because they have locations/tax rebate. And have a rough estimate in of what it would be, that for example conversation about greenligthing or not Baby Driver, the pitch from the production company Working title was:

 

Pls see following info conveyed by Angela Morrison (Working Title) w/ respect BABY DRIVER:

 

PROGRESS TO PRODUCTION: No further development required, expectation is this would be a greenlit project and, subject to cast availability (she mentioned WT sent you a cast grid), a start date to be set ASAP.

 

BUDGET: $46.4MM Net --> $55MM gross (not including Uni TD/OH reimbursement)

 

LOCATION:  Detroit location; Michigan Tax Credit

 

On The Magnificent Seven:

 

submission is at 85, net.

 

On Pitt Aliied movie when it was pitch to studios:

 

GK said the budget with Pitt at 17.5 v 20, zemeckis at 8m v 15 and GK at 2m v 5 is around 70m net…

 

It is net that really matter at the end and determine if a movie get greenlight or not.

 

When you read a distribution contract, the maximum certified cost seem to usually be defined "Before any subsidies or rebate", i.e. if your budget is 50MM you cannot spend more than that and if a tax credit ever arrive next year or the year later it will go to reimburse the financier. And there can event have a close if the subsidies are less than X, the movie producer will take that it, not the other financier.

 

 

 

[Legion Again]

+6% 950k

+140% 2.28  

+70%  3.876

-33%  2.597

 

Would be 8.75 weekend. Not a prediction, but there’s nothing particularly odd going on with those daily %s considering we’re fully off of break.

[sfran43]

 

[Thomas Beck]

Captain Marvel over Dumbo this weekend?

[Krissykins]

9 hours ago, sfran43 said:

 

WB going big

[cdsacken]

2 hours ago, Thomas Beck said:

Captain Marvel over Dumbo this weekend?

Could be, we'll see. Dumbo usually has huge weekend jumps though.

[Bordlove]

Awwww i thought this would be a hit. DC winning streak has been broken.

[cdsacken]

41 minutes ago, Bordlove said:

Awwww i thought this would be a hit. DC winning streak has been broken.

DC didn't market this to be a hit. They threw in the towel super early. Whatever it does, it could have done  more had they spent the necessary funds to promote it. However, the breakeven would have been higher. Still it's not struggling to maybe break even like Alita. It will make a profit, no worries. 

 

If it has horrible weekend numbers then maybe you can complain.

Edited April 12, 2019 by cdsacken

[TMP]

57 minutes ago, Bordlove said:

Awwww i thought this would be a hit. DC winning streak has been broken.

Joker is gonna make a killing, so I'm sure they'll be fine.

[Deathlife]

I'm confused, Shazam is doing fine.

 

Why are people acting like its underperforming or something?

[Hatebox]

You could argue it was more important for Shazam to be a critical darling than whatever meagre profits it may have made. WB really need DC to be seen as a wheelhouse that can produce good (or at least entertaining) films and against all odds they're slowly getting there. 

 

 

Edited April 12, 2019 by Hatebox

[boyamama]

1 hour ago, Hatebox said:

You could argue it was more important for Shazam to be a critical darling than whatever meagre profits it may have made. WB really need DC to be seen as a wheelhouse that can produce good (or at least entertaining) films and against all odds they're slowly getting there. 

 

 

i can see that,they also attach fresh tomato logo @ SHAZAM poster @ B.O.mojo....

[CJohn]

@MCKillswitch123 After was the number 1 movie here yesterday. Big 14.000 tickets sold, which adding the Wednesday numbers reaches 19.000 tickets. I might go today.

Edited April 12, 2019 by CJohn

[Ethan Hunt]

Anyone know if high life expanded at all this weekend?