Friday, December 08, 2017

Box Office Recap: 'Coco' Strums Up Second Weekend at #1 While Limited Releases Make a Splash




Disney and Pixar's Coco led the post-Thanksgiving frame in what was a repeat of last weekend's top five thanks in large part to no new wide releases this weekend. That doesn't mean there isn't anything to discuss as A24 enjoyed a great weekend with Lady Bird continuing its strong play and the studio's much-talked about feature The Disaster Artist finished just outside the top ten in its limited bow from just 19 locations. Additionally, Fox Searchlight's The Shape of Water was the weekend's per theater champ after opening in just two locations.
At the top, Coco added an estimated $26.1 million this weekend bringing the film's cume to $108.7 million after 12 days in release. The result is no surprise and the 48.6% second weekend drop is smaller than both of the comps we've been using throughout its release as Moana dropped 50% in its sophomore frame and Tangled dropped 56%. Both films finished their domestic runs over $200 million, which is where Coco is headed.
Coco also added an estimated $69 million internationally this weekend for an overseas total that tops $171 million and a global cume reaching $280 million. New markets this weekend included strong debuts in France, Belgium and Spain along with excellent holdovers where the film actually saw increases over opening weekend. One market where the film saw an increase was China where it posted a $17.8 million opening, which increased 148% this weekend to an estimated $44.2 million. The film's estimated, $75.6 million cume in China makes it the highest grossing Pixar release ever in China and third highest Pixar/Disney release after only Zootopia and Big Hero 6. Coco still has a long road ahead of it with openings in Australia, Italy, Brazil, Korea, UK and Japan to look forward to and it's Japan release isn't until mid-March.
Warner Bros. and DC Comics' Justice League finished in second place with an estimated $16.5 million, dropping 60% after the holiday weekend as the film's cume now stands just above $197 million. Internationally, Justice League grossed an estimated $35.7 million in 66 markets bringing its overseas running cume to $370.1 million for a global cume that tops $567 million.
Lionsgate's Wonder delivered a third place finish with an estimated $12.5 million, pushing the film's domestic cume over $88 million. The film also expanded internationally into 46 markets where it brought in an estimated $7.8 million, pushing its international cume over $12 million for a global tally that tops $100 million.
Thor: Ragnarok continued its climb to $300 million with an estimated $9.7 million this weekend leaving its domestic total at $291.4 million. The film also added another $16.2 million internationally as its global cume now stands at $816.4 million.
Rounding out the top five is Paramount's Daddy's Home 2 with an estimated $7.5 million as the comedy sequel has so far generated $82.8 million. Internationally the film added 25 new markets and brought in an estimated $15.6 million overseas, bringing its international cume to $34 million.
Elsewhere in the top ten, A24's Lady Bird brought in another $1.4 million this weekend as it expanded into 1,194 theaters (+403). The film's cume is now just over $17 million making it the fourth largest domestic release for A24 all-time and it still has a long run ahead of it as it will continue to expand into the holiday season.
A24's impact was felt elsewhere as well. The limited release of The Disaster Artist fell just outside the top ten, as it led the fleet of new limited releases bringing in an impressive $1.2 million from just 19 locations for a $64,254 per theater average. A24 reports exit polling showed sensational word of mouth across the board and they'll be counting on that word of mouth as the film expands into approximately 800 theaters next weekend with continued expansion planned throughout the holidays and awards season.
Fox Searchlight's The Shape of Water was the weekend's per theater champ, bringing in an estimated $166,800 from just two theaters for an average of $83,400 per location. The film will add around 45 new theaters next weekend in 12 new markets and is expected to reach 700-800 locations by the Christmas holiday play period.
And Amazon Studios's Wonder Wheel, the latest film from Woody Allen, opened in five theaters with an estimated $140,555 for $28,111 per location.
This weekend also saw Paramount re-release James Cameron's Titanic for its 20th anniversary. The film played in just 87 theaters where it brought in an estimated $415,000.

TWLWTitle (click to view)StudioWeekend Gross% ChangeTheater Count / ChangeAverageTotal GrossBudget*Week #
11CocoBV$27,533,304-45.8%3,987-$6,906$110,108,708-2
22Justice LeagueWB$16,651,104-59.5%3,820-231$4,359$197,407,025-3
33WonderLGF$12,147,182-46.4%3,449+277$3,522$87,679,805-3
44Thor: RagnarokBV$9,885,936-41.4%3,148-133$3,140$291,633,535$1805
55Daddy's Home 2Par.$7,572,390-42.7%3,403-115$2,225$82,886,836$694
66Murder on the Orient Express (2017)Fox$6,767,002-48.6%3,201+49$2,114$84,839,515$554
710Three Billboards Outside Ebbing, MissouriFoxS$4,396,537-0.1%1,430+816$3,075$13,537,057-4
811Lady BirdA24$4,291,590+5.8%1,194+403$3,594$16,837,041-5
97The StarSony$4,078,423-41.2%2,822-15$1,445$27,358,076$203
108A Bad Moms ChristmasSTX$3,385,484-30.8%2,251-55$1,504$64,737,307$285

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