Sunday, August 10, 2014

'Teenage Mutant Ninja Turtles' surprises with $65 million, while 'Guardians' falls to second at weekend box office

Wouldn't it be weird if August ended up being the highest-grossing month of the summer? With two surprise hits so far, I wouldn't say that's out of reach. After Guardians of the Galaxy took in $94 million last weekend, Paramount's Teenage Mutant Ninja Turtles opened to $65 million this weekend. That's another insanely strong result that's way above tracking. The Michael Bay-produced reboot cost $125 million to make and is likely going to go down as one of the surprise hits of the summer. The film did receive a "B" Cinemascore, but that will probably not hurt the film's grosses. Ninja Turtles will probably go on to make at least $170 million. Teenage Mutant Ninja Turtles 2 has already been greenlit by Paramount for a June 3, 2016 release.

Michael Bay is able to attract audiences no matter what, so I'm not honestly surprised that Ninja Turtles did well. However, the fact that the film opened to $65 million is insane. Maybe it's the lack of kids films this summer or maybe the fact that July was a really weak month helped the film. I don't truly know, but it's a very impressive result for Paramount and the sequel will surely make a ton of money. Currently, it's set to face off against Sony's R-rated Sausage Party, so it pretty much has the weekend to itself.

Marvel's Guardians of the Galaxy fell to second place this weekend and took in $41.5 million. The 56% drop is pretty steep for a film that so many people seem to love, but I think that at this point, we should just bet on big second weekend drops for superhero films. The drop for Guardians is very similar to the plunges that X-Men: Days of Future Past and Captain America: The Winter Soldier took. Through ten days, the film has grossed $175.9 million and is pacing ahead of every other major 2014 blockbuster. Pretty impressive.

Warner Bros.' disaster flick Into The Storm finished in third place this weekend and grossed a so-so $18 million. That's pretty much in line with the tracking for the film, but not a great opening considering the film's $50 million budget. Into The Storm also received a "B" Cinemascore, which is certainly not going to help the film. Look for this one to fade rather quickly. Fourth place belonged to The Hundred-foot Journey, which made $11.1 million this weekend. The light family drama received an "A" Cinemascore from audiences and will still strong throughout the rest of the month. A final total around $40 million is not out of reach.

In fifth place was Universal's Lucy, which took another steep plunge this weekend and brought in another $9.3 million. The Scarlett Johannson-starred actioner has grossed $97.3 million so far, which is impressive for a film that cost only $40 million to make. A final tally around $120 million is probable for Lucy. Step Up All In finished in sixth place this weekend with $6.5 million, which is downright terrible. This franchise has seen dwindling grosses with each new installment and this film saw the series' lowest tally yet. The "B+" Cinemascore is solid, but the film isn't going to do much after this. However, overseas grosses have been strong and another Step Up film can't be far away.

Paramount's Hercules, which actually is pretty decent, ended up in seventh place this weekend and took in $5.7 million. The $100 million film has grossed $63.4 million so far, but it's worldwide total is around $135 million. Not great, but Paramount might break even eventually. In eighth place was Get On Up, which fell nearly 63%, despite a stellar "A" Cinemascore. The musical biopic took in $5 million this weekend and will apparently burn out pretty quickly. I really disliked the film and I'm not surprised to see that it's doing poorly. Its current total stands at $22.9 million.

Dawn of the Planet of the Apes took ninth place this weekend and added $4.4 million to its total. The epic blockbuster has now grossed $197.8 million and will probably pass $200 million in a few days. And finally, Planes: Fire and Rescue rounded out the top ten with $2.4 million. The animated sequel has now made $52.9 million. Also, Boyhood took in another $2 million this weekend, which is great. The IFC Films drama has now made $10.6 million. Very impressive.

Next week sees the release of The Expendables 3, Let's Be Cops and The Giver. Here are my predictions:

1. The Expendables 3- $33 million
2. Teenage Mutant Ninja Turtles- $31 million
3. Let's Be Cops- $24 million ($38 million five-day)
4. Guardians of the Galaxy- $22.3 million
5. The Giver- $16.5 million
6. Into The Storm- $8.8 million
7. The Hundred-foot Journey- $8.4 million
8. Lucy- $4.5 million
9. Step Up All In- $3 million
10. Boyhood- $2.1 million

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