Weekend Box Office

Box Office: Beauty and the Beast Has a Record-Breaking Weekend

Kong: Skull Island and Logan round out the top three.

by | March 19, 2017 | Comments

This weekend, Disney demolished the box office with a colossal debut for its fairy tale tentpole Beauty and the Beast which soared to a scorching $170M, according to estimates, generating the seventh largest opening weekend in history beating all Batman, Spider-Man, Hunger Games, and Harry Potter movies in the process. The big-budget epic also set new box office records for the biggest debuts ever for both March releases and PG-rated movies.

The jaw-dropping sales figure came from 4,120 locations delivering a scorching per-theater average of $40,380. 19% of the gross came from IMAX and PLF screens as many movie fans felt this highly anticipated motion picture was worth paying extra for.

Buzz has been building since Disney first announced it was making a live-action version of the beloved 1991 Oscar-winning animated film. The casting of Emma Watson which was announced over two years ago only added to the excitement. Advance ticket sales ran at record levels for a family film and huge grosses were expected, but Beast came in on the top end of expectations.

The studio has made a fortune using its strategy of taking fairy tale stories and making them into event films. After all, this strategy has been used for decades on comic book characters. The four films ahead of Belle on the all-time opening weekend list all feature Iron Man. But Beauty and the Beast took its genre to new heights with a launch that was much bigger than the openings for Cinderella and Maleficent – combined. The studio fully expects cash to keep coming in over the years ahead with live-action versions of Aladdin, Mulan and others currently in development.

Studio data showed that Beauty skewed 60% female this weekend and broad appeal was there as half of the audience was non-family. 26% of the gross came from the various 3D formats. Reviews were generally positive for the musical and an A grade from CinemaScore indicates that ticket buyers were satisfied with what they got.

How front-loaded the film is remains a question. Friday kicked off with a stellar $63.8M which included $16.3M from Thursday night pre-shows beginning at 6pm. While past March fairy tale films rose on Saturday, Beast dipped 2% to $62.7M. Intense demand certainly pushed much of the business upfront. Sunday is estimated to drop 31%. Still, with many schools having spring break school closures in March, there is plenty of upside still to come and next weekend’s competition is not too direct. Breaking $400M domestic seems very likely.

A mammoth $180M opening weekend from international markets made for a giant $350M global premiere for Beauty and the Beast. China led with a $44.8M start while the U.K. followed with $22.8M. With France, Australia, and Japan still to open, we could very well be looking at a billion dollar Belle.

After its mighty opening weekend, the monster movie Kong: Skull Island dropped a reasonable 53% in its sophomore session and grossed an estimated $28.9M. That gave Warner Bros. a cume of $110.1M through the second weekend on its way to a domestic final of about $170M. The big-budget Kong has racked up $149.2M overseas and currently stands at a worldwide haul of $259.3M. Next weekend’s openings in China and Japan will take it much higher.

Logan, 2017’s top-grossing film – for now – followed in third place as Fox’s Logan dropped 54% to an estimated $17.5M after its third weekend of play. The Hugh Jackman hit has grossed $184M making it now the biggest of the three stand-alone Wolverine pics. The worldwide tally now sits at $524M on its way to nearly $700M.

Horror hit Get Out once again showed stamina in its fourth weekend grossing an estimated $13.2M, off 36%. Universal has banked an incredible $133.1M thus far and will soon surpass the $136.9M of Split, the studio’s other low-cost fright smash from this year in its partnership with Blumhouse. The dynamic duo should end with over $300M in combined domestic grosses and cost a mere $14M together to produce.

Off 39% in its third weekend was the faith-based drama The Shack with an estimated $6.1M and a nice new sum of $42.6M for Lionsgate. Despite the arrival of a Disney behemoth, the animated adventure comedy The LEGO Batman Movie still held up nicely falling only 38% to an estimated $4.7M in its sixth round. With $167.4M to date, the Warner Bros. hit has already surpassed the grosses of some of last year’s high-profile toons like Trolls, Kung Fu Panda 3, and The Angry Birds Movie. Global for LEGO Batman now stands at $287.4M.

The new horror film The Belko Experiment opened to soft results in seventh place with an estimated $4.1M from 1,341 locations for a mild $3,035 average. Earning mixed reviews, the low-budget R-rated thriller from Orion and BH Tilt failed to stand out as a must-see genre pic during a year when many other films have already given audiences plenty of scares for their money.

Fox’s runaway hit Hidden Figures followed with an estimated $1.5M, down 46%, with a stellar $165.6M to date. The highest grossing film for Keanu Reeves in 13 years, John Wick: Chapter Two, fell 55% to an estimated $1.2M for a $89.8M cume for Lionsgate. Tumbling 66% was the teen flop Before I Fall with an estimated $1M putting Open Road at only $11.3M.

The top ten films grossed an estimated $248.2M which was up a staggering 114% from last year when Zootopia stayed at number one with $37.2M; and up a mighty 112% from 2015 when The Divergent Series: Insurgent debuted in the top spot with $52.3M. This weekend saw summer-like spending in March.

Get earlier box office updates and analysis by following BoxOfficeGuru.com on Twitter.

 

Tag Cloud

toy story tv talk toronto CMT best cancelled TV shows foreign Nominations The Arrangement heist movie political drama Summer hist free movies 72 Emmy Awards 2021 Paramount Plus cancelled TV series critic resources Crunchyroll halloween docuseries miniseries worst Tomatazos harry potter sequel Mindy Kaling game show spain Sundance Now chucky elevated horror GLAAD dogs australia Reality Competition Music psycho live event versus The Purge American Society of Cinematographers rt archives Pet Sematary wonder woman transformers Comic Book romantic comedy HBO movie quibi Tubi spy thriller binge Trailer ITV hispanic telelvision stop motion Extras Set visit Sneak Peek USA Network Comedy Central Valentine's Day Toys Song of Ice and Fire scary movies cars book adaptation reboot cults RT History stand-up comedy Cosplay cancelled streaming movies documentaries sports worst movies police drama Black Mirror jurassic park Chernobyl rt labs Watching Series Ellie Kemper basketball sitcom feel good south america Sundance YouTube Hulu Unbreakable Kimmy Schmidt serial killer Peacock Britbox Horror Academy Awards black VOD Starz Disney+ Disney Plus E3 ESPN E! cooking Showtime Exclusive Video festivals Character Guide DC Universe TBS Apple TV+ BBC Broadway Logo Reality Instagram Live king arthur YA Cannes scorecard cartoon 99% christmas movies Calendar ABC Family A&E NBA Universal Alien Ovation Election ratings FXX cinemax 20th Century Fox franchise Wes Anderson Endgame Martial Arts zombie Walt Disney Pictures Awards Countdown kids Amazon Prime Rock MSNBC Comedy Trivia mcc james bond slashers Sundance TV fast and furious Mary poppins docudrama olympics ABC Netflix Christmas movies scary Image Comics sequels Hear Us Out ID twilight TCA Winter 2020 vampires screen actors guild popular TLC composers documentary blockbusters Apple The Walking Dead true crime Hallmark Marvel Television zero dark thirty Black History Month Baby Yoda nbcuniversal target thriller comiccon video Elton John 2016 godzilla Funimation obituary what to watch aliens Film Festival singing competition rotten laika supernatural Action rt labs critics edition child's play technology slasher HBO Go Western nfl President mission: impossible award winner Fargo Film anthology Dark Horse Comics Rom-Com Adult Swim Musicals suspense adaptation criterion FOX archives GIFs Spring TV Fox News Pride Month TIFF comic revenge Christmas witnail blockbuster See It Skip It Fox Searchlight FX TruTV disaster boxoffice prank Interview breaking bad Sony Pictures TV renewals mob Country TV Land leaderboard Thanksgiving french cancelled television Mary Poppins Returns LGBTQ Marvel kong romance Hallmark Christmas movies television CBS All Access WarnerMedia National Geographic Musical royal family game of thrones diversity Anna Paquin series crime japan comic book movie Kids & Family Disney Vudu Winter TV spider-man trophy 1990s Warner Bros. Mary Tyler Moore 2018 dramedy OWN facebook genre a nightmare on elm street Pop TV The Witch nature Apple TV Plus SDCC Rocketman international TCA Neflix Rocky The Walt Disney Company Turner Classic Movies ABC Signature Brie Larson Photos X-Men period drama BBC America monster movies Nickelodeon PBS LGBT Crackle comics Fantasy theme song TCA 2017 Mudbound zombies sag awards 21st Century Fox all-time Infographic live action venice football MTV art house golden globe awards Disney Channel young adult politics joker women hidden camera blaxploitation comic books pirates of the caribbean adventure The Academy Comics on TV Best and Worst Awards Tour know your critic Television Critics Association die hard travel dc casting crossover Heroines marvel comics new zealand natural history Binge Guide sopranos Arrowverse debate adenture japanese trailers parents mockumentary discovery Superheroe TV indie renewed TV shows screenings GoT robots 007 Drama Video Games high school IFC dceu Box Office Legendary New York Comic Con Opinion space anime satire ghosts Disney streaming service Holiday Emmy Nominations saw Ghostbusters Tokyo Olympics cops Netflix Quiz Premiere Dates dragons Podcast rotten movies we love Travel Channel stoner Polls and Games Shudder classics BBC One Spectrum Originals 24 frames gangster Fall TV BAFTA 4/20 teaser movies Nat Geo 2019 doctor who Red Carpet dreamworks Columbia Pictures Spike dark BET halloween tv golden globes video on demand biography scene in color Bravo new york 73rd Emmy Awards SundanceTV TCA Awards Animation social media medical drama emmy awards black comedy Cartoon Network marvel cinematic universe boxing spanish language ViacomCBS First Look Food Network The CW Family science fiction 71st Emmy Awards Year in Review Oscars Discovery Channel spanish TCM DGA crime drama animated Amazon Studios Paramount YouTube Premium USA Paramount Network Stephen King HBO Max critics Avengers Lucasfilm king kong Chilling Adventures of Sabrina DC streaming service Universal Pictures Captain marvel jamie lee curtis A24 deadpool Pop AMC Plus asian-american Winners Marvel Studios VH1 DC Comics vs. Super Bowl Schedule Trophy Talk finale indiana jones films 2020 canceled 78th Annual Golden Globe Awards APB OneApp Shondaland streaming YouTube Red El Rey strong female leads CNN unscripted hollywood comic book movies PlayStation new star wars movies Lifetime mutant Turner latino Women's History Month based on movie reviews First Reviews Comic-Con@Home 2021 Marathons posters Tarantino NYCC independent book Classic Film SXSW 93rd Oscars WGN talk show NBC remakes richard e. Grant Freeform Pixar PaleyFest aapi justice league Star Wars green book Pirates 2017 RT21 war FX on Hulu TV movies biopic Sci-Fi Tumblr spider-verse concert dexter IFC Films batman Teen action-comedy historical drama superhero festival CW Seed Holidays Lifetime Christmas movies rom-coms TV One psychological thriller Acorn TV IMDb TV Masterpiece Star Trek History 2015 Syfy cats lord of the rings 45 TNT canceled TV shows Biopics Amazon Prime Video Creative Arts Emmys superman kaiju crime thriller werewolf spinoff MCU name the review Grammys San Diego Comic-Con legend Pacific Islander news BET Awards universal monsters Lionsgate Esquire Superheroes italian CBS children's TV Epix Emmys Certified Fresh razzies DirecTV AMC Disney Plus Amazon fresh VICE hispanic heritage month Writers Guild of America Television Academy comedies directors 90s Mystery