Weekend Box Office

Box Office Guru Wrapup: Puss in Boots Beats New Comedies for #1 Spot

by | November 7, 2011 | Comments

In a surprise upset, the animated comedy Puss in Boots held onto the box office crown thanks to an astonishingly strong hold in the second frame while the competing new comedies Tower Heist and A Very Harold & Kumar 3D Christmas debuted in the silver and bronze positions, both performing on the lower end of expectations. The overall marketplace remained slow resulting in the worst gross for the first weekend of November in at least nine years.

Barely shedding any business from its softer-than-anticipated opening last week, the Shrek spinoff Puss in Boots grossed a stunning $33M this weekend according to studio estimates making for a scant 3% decline. The low drop was caused by many factors including the opening frame being hurt by snowstorms and Halloween activities, plus strong word-of-mouth that helped the DreamWorks Animation hit pick up lost business now that the pumpkin holiday has passed. Many, including numerous Wall Street analysts, wrote off the $34.1M debut last week since it was one of the lowest bows ever for the animation giant. But DreamWorks and distribution partner Paramount are all smiles as the audience is coming now that it is more available. Puss averaged a remarkable $8,336 from 3,963 locations and saw its ten-day cume climb to a stellar $75.5M.

The Antonio Banderas-voiced film is now on course to reach at least $160M and could even approach the $200M mark if it can continue to show good legs this month. Declines are likely to get bigger next week, though. But still there is Veterans Day on Friday which is always a potent school holiday plus Thanksgiving coming up to help keep the cat going into December. Also the next major direct competitor doesn’t debut until November 18 when Warner Bros rolls out its own 3D animal franchise toon Happy Feet Two. 3D screens contributed 48% of the weekend gross for Puss and IMAX helped too. Overseas, it grossed an additional $15M from just four markets upping the early total to $39M with most major territories yet to open. International appeal is sizable and the overseas appetite for 3D toons is huge so a robust global tally is likely by year’s end.

Widely expected to debut on top, Universal’s final release of the year Tower Heist instead opened in second place with an estimated $25.1M finishing the frame on the low end of industry expectations. The PG-13 pic starring Ben Stiller and Eddie Murphy as leaders of a group trying to rob a wealthy criminal’s penthouse averaged a good $7,450 from 3,367 locations. But the first weekend of November kicks off the busy holiday moviegoing season and big star-driven comedies with broad appeal often show more muscle. Produced for $85M, Heist also starred Casey Affleck, Alan Alda, Matthew Broderick, Téa Leoni, Michael Peña, Judd Hirsch, and Gabourey Sidibe with top-dollar filmmakers Brett Ratner and Brian Grazer directing and producing, respectively.

Reviews were mixed but generally upbeat on Tower Heist, but paying customers gave only a CinemaScore grade of B. Females made up 56% of the audience while 62% were 30 and older. Stiller and Murphy have both seen larger debuts with their past comedies and combining the two into one film opened the door to growing the upfront fan base for the film. Heist will now have to hope it can have legs although a mediocre audience grade and a competing mainstream comedy from the always reliable Adam Sandler this Friday (Jack and Jill) will make it tough.

Opening in third place was the second new comedy of the frame – A Very Harold & Kumar 3D Christmas – which collected an estimated $13.1M which fell a bit below expectations. The bow was 12% lower than the $14.9M debut of its predecessor Harold & Kumar Escape From Guantanamo Bay from April 2008. Warner Bros. averaged a mild $4,544 from 2,875 theaters and with most screens offering the extra dimension, the 3D share of the gross was a very high 95%. Reviews were good for Christmas but moviegoers were not as impressed as the R-rated film earned a B grade from opening day patrons, according to CinemaScore. Saturday sales slumped 13% while all other films in the top ten went up by at least 20%. As expected, young men made up the prime audience with 62% being male and 73% being under 35. Young males have become extremely difficult to attract this year and high 3D ticket prices have scared away many potential audiences from films that are not part of a top-level brand like Harry Potter or Transformers. Both of these factors became challenges for Harold & Kumar which was fairly inexpensive to produce with a $20M budget.

The horror threequel Paranormal Activity 3 fell another 53% to an estimated $8.5M putting Paramount at $95.3M after 17 days of play. The low budget chiller is now running 24% ahead of its predecessor from last fall. Fox’s sci-fi thriller In Time followed with an estimated $7.7M, down 36%, for a $24.2M ten-day total. The dance remake Footloose remained incredibly strong with its female audience easing a slim 17% to an estimated $4.6M. Paramount has collected $44.8M to date.

Rounding out the top ten were four winners of the oh-so-prestigious Sexiest Man Alive award from People magazine. Hugh Jackman’s leggy robot boxing hit Real Steel dipped a mere 29% in its fifth round for a $78.8M cume for Disney. The Johnny Depp flop The Rum Diary continued to be ignored by audiences taking in an estimated $3M, down 42%, giving FilmDistrict a puny $10.4M in ten days. A $15M final seems likely for the rookie distributor which is now going through a reorganization of its executive ranks.

Ocean’s Eleven pals George Clooney and Brad Pitt followed with estimates of $2M for The Ides of March and $1.9M for Moneyball. Both Sony titles held up very well with declines of 29% and 20% respectively and now stand at $36.8M and $70.3M.

There was no shortage of activity in the specialty marketplace as numerous films expanded into new cities hoping to become players in this winter’s awards race. Paramount’s romantic drama Like Crazy widened from four to 16 sites and grossed an estimated $270,000 for a terrific $16,875 in its second weekend of play. Fox Searchlight’s Martha Marcy May Marlene expanded from 32 to 98 theaters for an estimated $471,000 and $4,806 average. Totals stand at $448,000 and $1M, respectively with more markets to come.

The Wall Street thriller Margin Call went from 140 to 178 playdates in its third round and grossed an estimated $774,000 for a $4,348 average. Roadside Attractions has taken in $2.6M from the Kevin Spacey-Zachary Quinto pic even though it is also available to audiences at home on VOD and other digital platforms. With Antonio Banderas topping the charts two weeks in a row with his kid-friendly toon, the actor’s darker adult drama The Skin I Live In continued to invade more arthouses with an estimated $326,000 from 78 sites for a $4,179 average. The Pedro Almodovar pic from Sony Classics played in 31 locations last weekend and has now banked $1.3M. Big Sony doubled the run of its Shakespeare thriller Anonymous which has fared poorly in the U.S. with an estimated $1.3M from 513 theaters for a dull $2,485 average and $2.7M total.

The top ten films grossed an estimated $102.3M which was down a sharp 26% from last year when Megamind debuted in the top spot with $46M; and off 1% from 2009 when A Christmas Carol opened at number one with $30.1M.

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