Box Office Report :: May 5 – 7

Marvel Studios

The major studios wisely took a weekend off as Disney and Marvel Studios brought Guardians of the Galaxy Vol. 2 to 4,347 screens this weekend, naturally topping the charts with $146.5 million domestically, and bringing with it some interesting statistics. The film’s opening accounts for 79% of the cumulative Top Ten gross while having an opening weekend 54% bigger than the first movie which opened with $94.3 million. As far as sequels in the MCU go, this is the largest increase for a second film in a series. Only Captain America: Civil War, which was the third Captain America film, has done better with an 88.5% increase over the second film.

Guardians of the Galaxy Vol. 2 didn’t top Furious 7, which opened with $147 million, but it is expected to end its domestic run around the $400 million mark if not a bit more. Internationally, the film earned $123.8 million over the weekend with a cumulative international total of $285 million after 13 days. Added to the domestic opening, the film has earned $431.5 million, giving the MCU films a cumulative $11.3 billion worldwide total.

In foreign markets, the movie earned $48 million in China, 75% ahead of the first movie, $13.3 million in Korea and $11.6 million in Russia. The film will open in its last foreign market, Japan, on May 12. 41% of the film’s ticket sales came from 3D screenings led by China where 99% of moviegoers saw the film in 3D. 80% of German audiences saw the film in 3D, 76% in Brazil, 52% in Russia, 43% in Hong Kong, 90% in The Netherlands, 85% in Columbia and 85% in Austria. Proving 3D isn’t dead, it just only need be used for the right films. $25 million of global ticket sales came from IMAX theaters (on 1,088 screens) in 69 markets making it the widest IMAX opening in the format’s history.

With Guardians bowing at Number 1, The Fate of the Furious dropped 57% and went to Number 2 in its fourth week with $8.5 million, giving it a domestic total of $207.1 million. The Boss Baby took a 36% hit but crept up one spot to Number 3 with nearly $6 million. Beauty and the Beast also saw a small drop of 25.5% and moved up one notch to Number 5 with $5 million. Gifted also had a small-ish drop of 40%, also moving up one spot to Number 8 with $2 million. Not bad for films that have been in release for multiple weeks.

With only one new movie entering the Top Ten this week, that means one movie had to go and that one was Unforgettable, which saw a 72% drop from its second week, tumbling from Number 10 to Number 15 with $670,067 and a three week total of $10.6 million. Luckily with the film’s $3.8 million international totals added in, the $12 million film has now earned $14.4 million.

The weekend of May 12 will see two new wide releases, although neither of them is expected to knock Guardians out of the top spot. The reimagining of the King Arthur legend opens on more than 3,600 screens, and the Amy Schumer / Goldie Hawn abduction comedy — two words you don’t expect to see together — Snatched opens on about 3,300 screens.

Below are the Top Ten grosses for the weekend of May 5.

1. [N] –1Guardians of the Galaxy Vol. 2 – $146,510,104 [NEW] – ★★★

2. [1] –4The Fate of the Furious – $8,577,175 [$207,184,705]

3. [4] –6The Boss Baby – $5,976,818 [$156,537,343] – ★★★

4. [2] –2How to be a Latin Lover – $5,144,904 [$20,548,224]

5. [6] –8Beauty and the Beast – $5,087,749 [$487,739,364] – ★★★

6. [5] –2The Circle – $3,959,045 [$15,654,158]

7. [3] –2Baahubali 2: The Conclusion – $3,394,061 [$16,330,025]

8. [9] –5Gifted – $2,024,001 [$19,209,332]

9. [8] –5Smurfs: The Lost Village – $1,838,424 [$40,588,998]

10. [7] –5Going in Style – $1,835,383 [$40,536,301]

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

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