‘Anchorman 2’ to have a classy weekend

The man who managed to make the trinity of obnoxiousness – misogyny, dimwittedness and frustratingly perfect hair – hilariously lovable in 2004 is back for another crassly classy good time. Will Ferrell has reprised his role as ‘70’s newsman Ron Burgundy for Anchorman 2: The Legend Continues, which opened wide in 3,450 locations on Wednesday.

Ferrell and director Adam McKay’s first Anchorman was by no means a box-office success, earning roughly $85 million domestically and failing to generate any international business to speak of. The film only found a dedicated audience once it was released on DVD, quickly becoming the kind of cult favorite many a high-schooler spent his, and her, lunch period quoting.

Hollywood, however, was a little slow to catch up. Anchorman may have found new life post-theatrical release, but given its tepid b.o. performance, studio execs at Paramount were initially hesitant to green-light a sequel. The fact that several of the film’s stars have become more popular over the last decade – most notably Steve Carell, who helmed his own cult hit, TV series “The Office – probably played a large role in overcoming the kind of bottom-line hesitancy that kept Anchorman 2 in limbo for years. Not that Paramount, once committed, minded waging an expensive marketing campaign on the movie’s behalf. Have all those Dodge Durango commercials piqued viewers’ interest? The weekend before Christmas is notoriously tough for new releases, but Anchorman 2 is still expected to earn between $40 and $50 million for the five-day spread.

Actually, so is The Hobbit: The Desolation of Smaug. Few pundits have been able to discuss Smaug without mentioning its inability to generate the same kind of boffo revenue as its predecessor, last year’s The Hobbit: An Unexpected Journey (even though Smaug has earned superior reviews). Yet Peter Jackson’s second Lord of the Rings prequel is still drawing sizable crowds. It wouldn’t be a Christmas miracle if Smaug managed to out-gross Anchorman 2 this weekend.

CG-animated kids’ film Walking with Dinosaurs will likely land at the bottom of the weekend’s list of top earners. Frozen continues to pose fierce competition, and will probably keep Dinosaurs from grossing more than $10 or $12 million.

Specialty enthusiasts who do not live in either New York or LA (a tough position for a specialty enthusiast) will be treated to Christmas-come-early today. Both American Hustle and Saving Mr. Banks are expanding, to 2,500 and 2,200 locations, respectively. David O. Russell’s Oscar favorite had the fourth-best per-theatre average when it opened in limited release last weekend. Given the loud buzz surrounding the flick, it should earn upwards of $15 million.

Last but by no means the least interesting, Spike Jonze’s Her, about a man who falls in love with a computer operating system (not as crazy as it sounds, considering the computer’s voice belongs to Scarlett Johansson), also bows in six locations today. The film is on track to expand wide on January 10^th.