Box Office Report :: March 24-26

Lionsgate / Saban

Beauty and the Beast continued its domination of the domestic Top Ten, earning $90.4 million in its second week, about $2 million more than was predicted, representing just a 48% drop from its opening weekend. It’s two week domestic total now stands at just over $319 million. Overseas, the film brought in an additional $119.2 million, bringing the international total to $374.4 million, giving it a global total of $693.5 million. This is the fourth consecutive Disney movie to earn over $600 million after Doctor Strange, Moana and Rogue One: A Star Wars Story.

But it wasn’t all about Beauty and the Beast as three new films managed to find a place in the Top Ten. Coming in second place was the highly anticipated Power Rangers, which seems to have won over even though who assumed it would simply ruin their childhood memories. The film opened domestically to the tune of $40.3 million and high audience scores. The film also debuted in 62 foreign markets, earning $18.7 million for a $59 million global total. The $100 million film has yet to open in many major foreign territories and its real measure of success will come with its second week performance.

Coming in at Number 4 was the Alien-like sci-fi thriller Life with $12.5 million. The film was not as warmly received by audiences as was Power Rangers so it could struggle to recoup its $58 million budget, at least on the domestic front. The film earned an additional $15.8 million overseas for a global total of $28.3 million.

The higher profile CHiPs reboot failed to generate much interest, bowing at Number 7 with just $7.7 million. The comedy earned an additional $1.8 million overseas giving it a global gross of $9.5 million. With a budget about half of that of Life, CHiPs may have an even harded time making back its $25 million budget.

In its third week, Kong: Skull Island dropped 47% and moved down one spot to Number 3 with $14.6 million, giving it a domestic total of $133.7 million (with a $185 million budget). The film opened in China this week to the tune of $72.1 million, the second largest opening for a US film behind Resident Evil: The Final Chapter. With a cumulative foreign total of $258.9 million, Kong‘s global tally stands at $392.6 million.

Logan slipped two spots to Number 5 this week, but with its $10.3 million weekend the film has crossed the $200 million mark domestically. It’s global earnings stand at $565.5 million. Get Out continues to do well, dropping just 34% from last week and earning $8.8 million for a five week total of $147.6 million. Globally the $4.5 million film has earned $154.4 million, making it the most successful film directed by an African-American director.

Outside of the Top Ten, Passengers came to home video and saw its theatrical earnings rise by 581%, moving it from Number 36 to Number 16. Still though, after 14 weeks and a $99.8 million domestic total, the film has yet to recoup its $110 million budget. Luckily for Sony, it’s made up for that shortfall overseas with a cumulative $195.3 million, giving it a global $295.2 million gross. T2: Trainspotting added 54 screens to its 5 in week two of release, helping it move up 11 spots to Number 18 with almost $390,000.

The weekend of March 31 probably won’t pose a threat to Beauty and the Beast‘s position at Number 1 with the animated The Boss Baby and Ghost in the Shell opening in wide release. Paramount is surely hoping for a huge opening with Ghost but the decision to hide the film from critics is not a good sign for its box office success. The studio is hoping for some good word of mouth from general audience screenings this week. Beauty and the Beast probably won’t face any serious competition until April 14 when The Fate of the Furious opens.

Below are the Top Ten grosses for the weekend of March 24.

1. [1] Beauty and the Beast – $90,426,717 [$319,032,604] – ★★★

2. [N] Power Rangers – $40,300,288 [NEW] – ★★✩

3. [2] Kong: Skull Island – $14,670,653 [$133,767,891] – ★★★

4. [N] Life – $12,501,936 [NEW]

5. [3] Logan – $10,334,390 [$201,644,986] – ★★★

6. [4] Get Out – $8,851,845 [$147,669,880] – ★★★

7. [N] CHiPs – $7,722,802 [NEW]

8. [5] The Shack – $3,859,551 [$49,146,595]

9. [6] The LEGO Batman Movie – $2,100,951 [$170,972,203] – ★★★

10. [7] The Belko Experiment – $1,878,370 [$7,648,935]

[#] Last week’s position. [N] New in theaters.   HOTCHKA review  |  Source: Box Office Mojo

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