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Weekend Wrap-Up

Suicide Squad – Hot Now, Dead Later

By John Hamann

August 7, 2016

You'd think cell phone service would be better in the middle of Gotham City.

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In the end, Suicide Squad opens better than I thought it would with the negative reviews, but will still fold up like a chair in the weeks to come. The overseas figure came in at $132 million for the weekend, so things are coming up roses for Warner Bros.

Jason Bourne takes it on the chin thanks to Suicide Squad, but unlike the Warner Bros. film, this one can recover. Over its second Friday, Jason Bourne dropped a huge 71%, earning only $6.6 million compared to last weekend’s opening day of $22.6 million. It recovered a little over the rest of the frame, but finished with only $22.7 million for its second weekend. That gives it a troubling drop of 62%, but I think it will recover a bit next weekend. So far, Jason Bourne has earned $103.4 million stateside and has picked up a little over $90 million overseas, all against a budget of $120 million. Bourne won’t be a bonanza for Universal, but it should see a theatrical profit.

Bad Moms gets the hold it needed this weekend, as despite the money vacuum that is Suicide Squad, the second frame, female-centric comedy still held. Bad Moms earned $14.2 million in frame number two, and drops an okay 40%. The weekend to watch will be the next one, as a sub-30% drop should make it a late summer hit. So far it is doing very well, earning $51 million against a $20 million budget for STX Entertainment.

The Secret Life of Pets moves to fourth but enjoys another weekend with a gross above $10 million. The Universal/Illumination production earned another $11.6 million and fell an okay 39%. Pets crossed the $300 million mark last Tuesday, its 26th day of release (one day faster than Despicable Me 2), and now has domestic total of $319.6 million.

Star Trek Beyond continues its freefall, but at least that’s a little more expected this weekend with Suicide Squad opening. Beyond earned only $10.2 million this weekend, and drops tragically again, losing 59%. The domestic total has reached $127.9 million, and overseas revenue is not going to save this expensive, $185 million production.

Nine Lives, the other new release this weekend, is barely worth mentioning. The talking cat movie (with Kevin Spacey no less) earned only $6.5 million, large considering its 5% fresh rating. Hopefully it doesn’t make the top 12 next weekend.




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Seventh is Lights Out, as the well-reviewed thriller holds nicely for the genre. The Warner Bros. release earned another $6 million and declined 44% as word of mouth spread. So far, this small film with the $4.9 million budget has earned $54.7 million domestically and another $31 million overseas.

Eighth is Nerve from Lionsgate, a title where the studio was looking for a better hold. Nerve earned $4.9 million in its second frame, down 48% from last weekend. Word-of-mouth was supposed to be strong for this one, but the demographic was dominated by the Joker and Harley Quinn. Nerve has now earned $26.9 million stateside.

Ninth goes to Ghostbusters, another failed, great hope. In its fourth weekend, the reboot earns $4.8 million and fell 53%. That’s the third consecutive 50%+ drop, and the total stands at $116.7 million.

Tenth is Ice Age: Collision Course, as it ends its short time in the top ten. This weekend, it earned only $4.3 million and dropped a woeful 61%. It has earned only $53.5 million in North America, but has raised $234.6 million on the international side.

Overall, the top 12 at the box office was white hot thanks to Suicide Squad. The top 12 films hit $223.9 million, the new high water mark for the month of August. A year ago this weekend, Fantastic Four was falling apart, and the top 12 could only muster $120 million. Next weekend brings three interesting titles that are unlike most summer weekends. We have two originals and a remake opening, as Seth Rogen brings his R-rated Sausage Party to screens, Disney opens the well-reviewed Pete’s Dragon, and Meryl Streep tries to sing in Florence Foster Jenkins.


Top Ten for Weekend of
Rank
Film
Distributor
Estimated Gross (millions)
Weekly Change
Running Total (millions)
1 Suicide Squad Warner Bros. 135.1 New 135.1
2 Jason Bourne Universal 22.7 -62% 103.4
3 Bad Moms STX Entertainment 14.2 -40% 51.0
4 The Secret Life of Pets Universal 11.6 -39% 319.6
5 Star Trek Beyond Paramount 10.2 -59% 127.9
6 Nine Lives Europacorp 6.5 New 6.5
7 Lights Out Warner Bros. 6.0 -44% 54.7
8 Nerve Lionsgate 4.9 -48% 26.9
9 Ghostbusters Sony 4.8 -53% 116.7
10 Ice Age: Collision Course 20th Century Fox 4.3 -61% 53.5
11 Finding Dory Walt Disney 2.0 -55% 473.9
12 Cafe Society Lionsgate 1.7 -27% 6.8

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