Monday, August 27, 2012

In late summer slump, 'Expendables 2' leads with $13 million

This week was bad for new wide releases. The three new releases finished seventh, tenth, and twelfth. Those are dismal debuts across the board.


Many expected Premium Rush would have a chance at beating The Expendables 2, but instead the action hero picture topped the box office with a $13.5 million weekend, a 52% drop
Premium Rush Joseph Gordon Levitt 2from opening, on par with the percentage drop of the original. In seventh, Premium Rush earned just $6.3 million. I guess bike chases just don't have the same allure as mechanical smash-ups. Along with Lance Armstrong's decision to not fight against allegations of doping anymore, it was a bad weekend for bike enthusiasts.


Cracking tenth place, Hit & Run's $4.6 million made it a huge hit for indie standards, but some had predicted the well-reviewed picture could have soared even higher. Still, this low-budget movie is already in the green and because it stars TV favorites Dax
Hit and run kristen bell dax shepard 2Shepard and Kristen Bell, it should do well in the home entertainment environment.


In twelfth, horror offering The Apparition reeled in $2.9 million. With a wisely limited release of 800 theatre, the per-screen average of $3,600 was actually higher than all but two of the movies that placed above it. That means distribution costs weren't too high and people had the benefit of seeing the movie in a packed theatre, where screams can be contagious.


The surprise hit of the weekend was the conservative documentary 2016: Obama's America, which expanded on the eve of the Republican National Convention. Many estimated the movie would earn in the $2-3 million range, on par with other right-leaning docs, but instead it pulled in $6.2 million with a strong per-screen average of $5,700. The weekend tripled its total gross to date, which stands at $9 million. That makes it the highest-grossing conservative doc ever. Ads on talk radio helped support the political picture, which also benefits from heightened interest thanks to the upcoming election.


New Specialty releases fared much better than wide ones. Sleepwalk with Me, which had Ira Glass and the "This American Life" audience in its corner, debuted to $65,000 per-screen. Glass hosted a midnight screening of the movie in Manhattan this weekend, which was one reason the movie earned the title of "best per-screen average opening ever from a first-time filmmaker." Mike Birbiglia writes, directs, and stars in the autobiographical work, which will expand into twenty markets next week.


Samsara, a meditative travelogue, opened to $75,000 on two screens. Our filmmaker profile
Samsarareveals just how much work went into the non-fiction picture, which visits 100 locations in 25 countries on five continents. That sounds well-worth the price of admission.


This Friday may kick off a three-day weekend, but it's one of the few holiday periods where Hollywood suffers. With many people trying to get one last weekend outdoors in, the time period is a dead zone. On Wednesday, the violent Prohibition-set picture Lawless will get a head start on the weekend. On Friday, The Possession will open wide and try to pull in horror fiends.



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