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Weekend Wrap-Up

Transformers Cools Another Summer Box Office Weekend

By John Hamann

June 25, 2017

Do robots even really need swords?

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Cars 3 is second. The Disney/Pixar release got off to a somewhat slower than expected start last weekend with $53.7 million, so the studio would be looking to hold strongly this weekend. That didn't happen. After a Friday at $7.6 million (off 61%), Cars 3 was only able to pick up $25.2 million this weekend, leaving it with a 10-day gross of $99.9 million. Cars 3 was expensive to make at $175 million, and it doesn't have the overseas following that some other Pixar releases have. Cars 2 earned $370 million overseas, so Cars 3 will need to do better than that if it wants to see a theatrical profit. The overseas gross sits at $41 million, which means it will have some work to do going forward.

Wonder Woman continues to be the queen of the box office, the lone flower in a sea of mud. This weekend, the Gal Gadot hit earned another $25.2 million, dropping only 39%. It crossed the $300 million mark on Friday, its 22nd day, and now has stateside gross of $31.4 million. That's two days slower than Batman v Superman's race to $300 million, but Diana and friends will easily outgross the Ben Affleck misfire. The overseas gross also crossed the $300 million mark this weekend, leaving a large mark on the summer 2017 box office. Wonder Woman is one of the few blessings for domestic theatre owners.

47 Meters Down is fourth, as Entertainment Studios adds 200 more theaters to its run this weekend. The move helped somewhat, as the shark film earned $7.4 million this weekend, dropping 34%. Some say this one cost about $5 million to make, so its domestic gross of $24.3 million has to be satisfying for the upstart studio.

All Eyez on Me is fifth, as the biopic about Tupac fades quickly. Eyez earned another $5.9 million this weekend and fell 78%. Eyez cost Lionsgate $40 million to make, so it is going to need some help from above. Sixth is The Mummy, which continues its descent. It earned $5.8 million this weekend and dropped 60%. The domestic total now sits at $68.5 million, but the overseas has reached $274 million against a $149 million budget.




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Seventh is Pirates of the Caribbean: Dead Men Tell No Tales. The Johnny Depp starrer earned $5.2 million and declined 42%. Its domestic total has hit $160 million, but the overseas take is a massive $517 million, all against its $230 million budget. Eighth is Rough Night, the latest failed comedy a la Bridesmaids. After opening to only $8 million, the chick flick falls 41% to only $4.7 million this weekend. The budget here is $20 million and the domestic tally is $16.6 million – so the studio (Sony) might be okay, but the stars with heavy backends (ScarJo) will come up empty.

Ninth is Captain Underpants, which picked up $4.3 million and now has a domestic tally of $65.7 million against a budget of $38 million. Fox will have to wait for some more overseas help if this one is going to work. Tenth is Guardians of the Galaxy Vol. 2, now out for eight great weekends. Guardians 2 earned another $3 million and fell 41%. The total for the Marvel behemoth has hit $380.2 million on the domestic side, and has crossed $470 million overseas.

Overall this weekend, the top 12 films earned a not great $135.3 million. Last year, a holdover – Finding Dory – took top spot at the box office as Independence Day 2 faltered with a $41 million open. The top 12 last year took in $180.9 million, making this year look foolish. Next weekend brings Edgar Wright's Baby Driver which is currently 100% fresh at Rotten Tomatoes. It opens on Wednesday, followed by Despicable Me 3 and The House on Friday. Despicable Me 2 earned $143 million over its first five days, so maybe, just maybe, Gru and the girls can provide a highlight to the summer box office.


Top Ten for Weekend of June 23-25, 2017
Rank
Film
Distributor
Estimated Gross
(millions)
Weekly
Change
Running Total
(millions)
1 Transformers: The Last Night Paramount 69.1 New 69.1
2 Cars 3 Disney 25.2 -53% 99.9
3 Wonder Woman Warner Bros. 25.5 -39% 318.4
4 47 Meters Down Entertainment Studios 7.4 -34% 24.3
5 All Eyez on Me Lionsgate 5.8 -78% 38.6
6 The Mummy Universal 5.8 -60% 68.5
7 Pirates of the Caribbean: Dead Men Tell No Tales Disney 5.2 -42% 160
8 Rough Night Sony 4.7 -41% 16.6
9 Captain Underpants Fox 4.3 -40% 65.7
10 Guardians of the Galaxy Vol. 2 Disney 3 -41% 380
Box office data supplied by Exhibitor Relations

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