Monday, June 29, 2015

'Jurassic World' and 'Inside Out' top box office for 2nd straight week, while 'Ted 2' suffers from stiff competition

Although Ted 2 promised to deliver Jurassic World's first direct competition, the dinosaurs still stomped all over the competition to conquer the box office for the third weekend in a row. Colin Trevorrow's reboot/sequel pulled in another $54.5 million in domestic markets, raising the film's total gross to $500.3 million. Jurassic World is now the fifth highest grossing movie of all time in the US (without adjusting for inflation of course), and the sci-fi pic still has The Dark Knight and The Avengers firmly in its sights. Whether or not it passes Titanic is a different story, but by the end of its run, Jurassic World will surely be the highest grossing film of all time not directed by James Cameron. Overseas, the film is now standing at $1.24 billion, which makes it the 8th highest grossing film of all time. In the next few weeks, Frozen and Harry Potter and the Deathly Hallows- Part 2 should collapse under Jurassic's weight and the film will shoot to overtake Furious 7 and both installments of The Avengers franchise. Juggernaut numbers all around and this run isn't stopping anytime soon.

Close behind Jurassic was Inside Out, which took in another $52.3 million in its second weekend. Pixar's biggest hit in years dropped a mere 42% and has now made $185.1 million. With the Independence Day holiday to work with, Inside Out should be able to pass $300 million before Minions rolls into town. This is definitely a massive success for Pixar and it proves that good, original animation still sells in Hollywood. That is very important. Internationally, the film hasn't excelled quite as much ($81.5 million so far), but its worldwide total of $266.6 million and counting should be more than enough to make up the film's budget.

Universal has enjoyed a lot of success with Jurassic World, but it may have come at a cost to Seth MacFarlane and his profane talking teddy bear. Ted 2, one of the most anticipated comedies of the year, grossed $33.5 million in third place, which is over $20 million below what its predecessor opened to three years ago. Universal and many pundits had projected an opening between $45-$50 million and the film just couldn't match up. The CinemaScore was a solid "B+" but I just don't think that the fan excitement was there. Unfortunately, this is two misfires in a row for MacFarlane and I'm starting to think that his career in movies might be running out of gas.

Max was the weekend's other opener and it performed right in line with expectations- a $12.1 million weekend and an "A" CinemaScore. Family and military audiences seemed to be the target for Warner Bros. and I would imagine that they came out in droves. This is no American Sniper, but it's a solid opening for a film that has probably already made back its budget.

The only other big surprise of the weekend was that Spy continued to hold spectacularly well- something that I'm very happy about. Melissa McCarthy's excellent secret agent comedy grossed another $7.9 million this weekend and is firmly on its way to $100 million. Its current total is $88.4 million. A total around $110 million would be very good after a lackluster opening that disappointed many box office pundits.

On Wednesday, Terminator: Genisys and Magic Mike XXL will be hitting theaters for the five-day Independence Day frame. Here are my predictions:

1. Magic Mike XXL- $51 million
2. Terminator Genisys- $45 million
3. Jurassic World- $44.5 million
4. Inside Out- $43 million
5. Ted 2- $25 million
6. Max- $11.4 million
7. Spy- $7 million
8. San Andreas- $4.6 million
9. Dope- $2.3 million
10. Insidious Chapter 3- $1.3 million

Image Credits: Screen Rant, Slash Film 

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