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Weekend Wrap-Up

Guardians 2 Opens Summer With a Bang

By John Hamann

May 7, 2017

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The ugly release The Circle, with that terrible D+ Cinemascore, finishes sixth this weekend as it earns $4 million and drops 56%, which is not enough considering Guardians broke out. The total for this one has now hit $15.7 million, and has yet to ugly up overseas cinemas yet. Baahubali 2: The Conclusion drops to seventh this weekend, but is still a massive hit nonetheless. It drops 69% this weekend to $3.2 million, but I can't remember the last time an Indian film hit the top ten and was still there the following weekend. The total now for this world dominator has hit $16.2 million, with the foreign total well beyond $50 million, with almost that amount coming from India itself.

Baahubali 2: The Conclusion drops to 7th this weekend, but is still a massive hit nonetheless. It drops 69% this weekend to $3.2 million, but I can't remember the last time and Indian film hit the top ten and was still there the following weekend. The total now for this world dominator has hit $16.2 million, with the foreign total well beyond $50 million, with almost that amount coming from India itself.

Gifted is eighth. The Fox Searchlight release is up one spot from last week as it wasn't pummeled by Guardians 2 (see the old/young rule - this one must play older). Gifted earned another $2.1 million this weekend, dropping 39%. It has a total now of $19.2 million, against a budget of $7 million. Folks, that means we have an arthouse film that makes a profit.




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Ninth is Going in Style, which breaks our old/young rule in terms of holds. It fell 47% this weekend after dropping only 27% last weekend. The seniors robbing banks film now has a domestic total of $40 million and an overseas total of $30 million against a $25 million budget ñ now who is robbing who?

Tenth over this blockbuster weekend is Smurfs: The Lost Village, but thankfully, it didn't hold (the rules must not like the Smurfs either). Smurfs earned only $1.8 million this weekend and dropped 49% versus last weekend. That puts the domestic total at $40.6 million, but the foreign box office is up over $170 million, so this one is going to make a theatrical profit against a $60 million budget.

Overall this weekend, the top 12 films - thanks entirely to Guardians 2 - earned $185.2 million this weekend. While good, this weekend has earned $200 million plus ($226 million in 2015 is the low point), so the box office has to make up for a loss instead of what should have been an easy win - but you have to blame the holdovers. Next weekend is going to be tough as well. King Arthur, with its either desperate marketing or "people are going to miss out on a good one" kind of feel, opens next weekend. It is directed by Guy Ritchie but cost a ridiculous $102 million to make. Also opening is Amy Schumer's follow up to Trainwreck, called Snatched, which co-stars Goldie Hawn. This one feels like that comedy with Reese Witherspoon and Sofia Vergara... What was that called again? I hope not, cause I love you, Ames. But it's the same thing, I bet.


Top Ten for Weekend of May 5-7, 2017
Rank
Film
Distributor
Estimated Gross (millions)
Weekly Change
Running Total (millions)
1 Guardians of the Galaxy Vol. 2 Walt Disney Company 145.0 New 145.0
2 The Fate of the Furious Universal 8.5 -57% 207.1
3 The Boss Baby 20th Century Fox 6.2 -34% 156.7
4 How to Be a Latin Lover Pantalion 5.3 -57% 20.7
5 Beauty and the Beast Walt Disney Company 4.8 -28% 487.6
6 The Circle STX Entertainment 4.0 -56% 15.7
7 Baahubali 2: The Conclusion Great India Films 3.2 -69% 16.2
8 Gifted Fox Searchlight 2.1 -39% 19.2
9 Going in Style Warner Bros. 1.9 -47% 40.6
10 Smurfs: The Lost Village Sony 1.8 -49% 40.6
11 Born in China DisneyNature 1.2 -49% 10.9
12 The Lost City of Z Bleecker Street 1.0 -42% 6.6

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