Box Office Report :: May 26 – 29

Paramount Pictures

Yo ho ho! The seas offered some smooth sailing for one new film this week, but caused another to flounder badly. Disney rode the waves of the four day weekend to the Number 1 spot again this week with Pirates of the Caribbean: Dead Men Tell No Tales which debuted with $75.4 million. The film also sailed into virtually every overseas market, raking in a hefty $247.8 million, the 12th largest overseas opening of all time. In China, the film earned $67.8 million , the third largest for a Disney film, surpassing the cumulative run for the third and fourth films in the series. The movie also had a record opening in Russia with $18.6 million. Worldwide, the $230 million film has earned $326.2 million.

Unfortunately, Paramount saw more rough seas with the release of Baywatch in third place which could only muster a $23.1 million holiday weekend. With the $69 million comedy looking to flounder at the domestic box office, the studio will be hoping foreign audiences are more forgiving. The film did open in one market this weekend, Taiwan, in second place with $873,000. It will expand to 31 more territories this weekend.

With the two new arrivals in the Top Ten, two had to leave. Last week’s Number 10, How To Be a Latin Lover dropped just 36%, but fell to Number 12 with $1.3 million giving it a domestic total of $31.2 million. The Fate of the Furious exited the Top Ten, going from Number 7 to Number 11 with $1.8 million and a $223 million domestic total against a $250 million budget. But it’s not all bad news as the film has become just the sixth of all time to cross the $1 billion in international markets. It’s global total stands at $1.2 billion.

Beauty and the Beast, which arrives on home video June 6, dipped by 21% and moved down one notch to Number 10 with $2 million, giving it a domestic total of $501 million, only the eighth film to hit that milestone. Its international gross stands at $733.1 million giving it a worldwide $1.2 billion gross. Guardians of the Galaxy Vol. 2 held on to the Number 2 spot for a second week with $27.1 million, just 21.5% off from last week, giving it a $340.5 million domestic gross. Internationally, the film has earned a cumulative $435.1 million for a global $793.6 million gross.

While most of this weekend’s Top Ten holdovers saw just minor slippage from last week, Alien: Covenant took a huge tumble of 63%, falling from Number 1 to Number 4 with $13.3 million, giving the $97 million film a $60.2 million domestic gross in its second week. The film is making up the domestic shortfall in international markets where it’s earned a cumulative $100.2 million, giving it a global $160.4 million gross.

We can expect to see two new superheor films make their Top Ten debuts this weekend with the animated Captain Underpants prepared to do battle with the long-awaited Wonder Woman, which is expected to debut at Number 1, and advance word is very good. Look for some movement in the Top Five.

Below are the Top Ten grosses for the four-day weekend of May 26.

1. [N] –1Pirates of the Caribbean: Dead Men Tell No Tales – $78,476,767 [NEW] – ★★★

2. [2] –4Guardians of the Galaxy Vol. 2 – $27,189,151 [$340,505,078] – ★★★

3. [N] –1Baywatch – $23,106,943 [NEW] – ★★✩

4. [1] –2Alien: Covenant – $13,383,150 [$60,205,331] – ★★✩

5. [3] –2Everything, Everything – $7,666,282 [$23,022,395]

6. [6] –2Diary of a Wimpy Kid: The Long Haul – $6,121,371 [$15,303,332]

7. [4] –3Snatched – $5,085,158 [$41,364,783] – ★★✩

8. [5] –3King Arthur: Legend of the Sword – $4,302,088 [$34,957,290] – ★★✩

9. [8] –9The Boss Baby – $2,460,939 [$169,718,129] – ★★★

10. [9] –11Beauty and the Beast – $2,013,748 [$501,014,183] – ★★★

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

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