{"id":3506,"date":"2018-06-03T20:09:56","date_gmt":"2018-06-03T20:09:56","guid":{"rendered":"http:\/\/commarts.pleather.us\/2018\/06\/03\/solo-a-star-wars-story-drops-65-percent-at-the-box-office-breaking-the-wrong-records\/"},"modified":"2018-06-03T20:09:56","modified_gmt":"2018-06-03T20:09:56","slug":"solo-a-star-wars-story-drops-65-percent-at-the-box-office-breaking-the-wrong-records","status":"publish","type":"post","link":"https:\/\/blog.valdosta.edu\/m2\/2018\/06\/03\/solo-a-star-wars-story-drops-65-percent-at-the-box-office-breaking-the-wrong-records\/","title":{"rendered":"\u2018Solo: A Star Wars Story\u2019 Drops 65 Percent at the Box Office, Breaking the Wrong Records"},"content":{"rendered":"<p>The weekend could have been worse for &#8220;<a href=\"http:\/\/www.indiewire.com\/t\/solo-a-star-wars-story\/\" id=\"auto-tag_solo-a-star-wars-story\">Solo: A Star Wars Story<\/a>&#8221;: It dropped 65 percent at the <a href=\"http:\/\/www.indiewire.com\/t\/box-office\/\" id=\"auto-tag_box-office\">box office<\/a>, but the projection going in was closer to 70 percent. Add to this a drop of 46 percent overseas and we&#8217;re looking a film with a shortfall in the tens of millions at a minimum.<\/p>\n<p>&#8220;Solo&#8221; likely scared studios off from programming any major new openings this weekend, which was a mistake. Last year saw the first June weekend thrive with &#8220;Wonder Woman,&#8221; which turned out to be last summer&#8217;s biggest domestic hit. This weekend, total box office dropped about $80 million, or 40 percent from last year. Last week the box office was about eight percent ahead of 2017, but this week&#8217;s freefall will bring that down to about 6.5 percent. If we can sustain that through the summer, that will be terrific \u2014 but that&#8217;s a big if.<\/p>\n<aside class=\"pmc-related-link read-more\">\n\t\t\t<strong class=\"pmc-related-type\">Read More:<\/strong><a target=\"_self\" href=\"http:\/\/www.indiewire.com\/2018\/05\/solo-handicap-summer-box-office-surprises-1201969269\/\" title=\"Post-\u2018Solo\u2019 Stumble, We Handicap the Summer Box Office for Other Unwelcome Surprises\">Post-\u2018Solo\u2019 Stumble, We Handicap the Summer Box Office for Other Unwelcome Surprises<\/a><br \/>\n\t\t<\/aside>\n<p>Through 10 days, &#8220;Solo&#8221; is just under $150 million domestic ($264 million worldwide, with Japan the sole major territory yet to open). That could be around two thirds of its ultimate haul, which looks headed to $225 million domestic and $400 million worldwide. That will make &#8220;Solo&#8221; one of the highest-grossing, money-losing films ever \u2014 although still below the adjusted results for 1963&#8217;s &#8220;Cleopatra,&#8221; which managed to be the biggest film released that year <em>and<\/em>\u00a0a studio-crushing flop.<\/p>\n<p>In 2017, $225 million for &#8220;Solo&#8221; would placed it at #13. It&#8217;s a stunning reversal after the last three Disney releases each proved to be the top films of their years, grossing between $550 million and nearly $1 billion. A trend or a fluke? Disney will have to wait with bated breath until &#8220;Chapter Nine&#8221; opens for Christmas 2019. Much sooner, we&#8217;ll see if it could be a virus infecting other franchise heavyweights like &#8220;Incredibles 2&#8221; and &#8220;The Lost World: Fallen Kingdom,&#8221; both of which open mid-June. (&#8220;Ocean&#8217;s 8&#8221; joins the fray this Friday, with decent if lesser expectations.)<\/p>\n<div id=\"attachment_1201970288\" style=\"width: 790px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1201970288 size-large\" src=\"http:\/\/www.indiewire.com\/wp-content\/uploads\/2018\/05\/adrift-023_adrift_unit_03946_finalccr_rgb-e1527820517860.jpg?w=780\" alt=\"Sam Claflin and Shailene Woodley star in ADRIFTCourtesy of STXfilms\" width=\"780\" height=\"456\" \/><\/p>\n<p class=\"wp-caption-text\">&#8220;<a href=\"http:\/\/www.indiewire.com\/t\/adrift\/\" id=\"auto-tag_adrift\">Adrift<\/a>&#8221;<\/p>\n<\/div>\n<p class=\"image-credit\">Courtesy of STXfilms<\/p>\n<p>From the box-office perspective, summer began in late April with &#8220;Avengers: Infinity Wars&#8221; \u2014 but the releases this week don&#8217;t reflect the season. Three combined for $18 million total, with nearly two thirds of that coming from &#8220;Adrift&#8221; with Shailene Woodley lost at sea. STX is reported to be into the film for a combined acquisition\/marketing cost of under $30 million, so it could justify the investment. The performance is on par with the opening of &#8220;47 Meters Down&#8221; last June. That sleeper went on to quadruple its opening, but &#8220;Adrift&#8221; will have to fight off some strong new openers to have a chance to do that.<\/p>\n<div id=\"attachment_1201938027\" style=\"width: 790px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1201938027 size-large\" src=\"http:\/\/www.indiewire.com\/wp-content\/uploads\/2018\/03\/update.jpg?w=780\" alt=\"upgrade sxsw\" width=\"780\" height=\"557\" \/><\/p>\n<p class=\"wp-caption-text\">&#8220;<a href=\"http:\/\/www.indiewire.com\/t\/upgrade\/\" id=\"auto-tag_upgrade\">Upgrade<\/a>&#8221;<\/p>\n<\/div>\n<p>BH Tilt&#8217;s low-budget (including lower than usual marketing expense) &#8220;Upgrade&#8221; managed the sixth spot after getting some buzz first at South by Southwest and subsequent positive reviews. A near-future thriller with self-driving cars playing a key role, it&#8217;s unusual to see a genre film show a gross on Saturday equal to its Thursday night\/Friday results. This has a shot at holding on for more than two weeks, and potentially adding theaters (it debuted at 1,457).<\/p>\n<div id=\"attachment_1201970514\" style=\"width: 790px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1201970514 size-large\" src=\"http:\/\/www.indiewire.com\/wp-content\/uploads\/2018\/06\/action-point-promo.jpg?w=780\" alt=\"Johnny Knoxville Action Point\" width=\"780\" height=\"409\" \/><\/p>\n<p class=\"wp-caption-text\">&#8220;Action Point&#8221;<\/p>\n<\/div>\n<p>Playing a second week would be a gift for the latest Johnny Knoxville effort &#8220;Action Point,&#8221; a career low. His &#8220;Jackass&#8221; films once opened as high as over $50 million. With $2.3 million and ninth place, his moment seems to have passed.<\/p>\n<aside class=\"pmc-related-link read-more\">\n\t\t\t<strong class=\"pmc-related-type\">Read More:<\/strong><a target=\"_self\" href=\"http:\/\/www.indiewire.com\/2018\/06\/box-office-specialty-american-animals-moviepass-the-orchard-1201970752\/\" title=\"MoviePass Boosts \u2018American Animals\u2019 at Specialty Box Office\">MoviePass Boosts \u2018American Animals\u2019 at Specialty Box Office<\/a><br \/>\n\t\t<\/aside>\n<p>&#8220;Deadpool 2&#8221; grossed nearly 80 per cent as much as &#8220;Solo&#8221; going into its third week. That&#8217;s a 46 percent drop (of course, all films this week follow the elevated comparison of the three-day Memorial weekend). That&#8217;s close to the third-week drop for the original &#8220;Deadpool,&#8221; which adjusted reached $300 million at this point; &#8220;Deadpool 2&#8221; stands at\u00a0$254 million, still very good. Worldwide totals should reach around $700 million, even without China \u2014 especially impressive given its relatively modest production costs under $150 million.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-1201953328\" src=\"http:\/\/www.indiewire.com\/wp-content\/uploads\/2018\/04\/deadpool-2.jpg?w=691\" alt=\"\" width=\"691\" height=\"1024\" \/><\/p>\n<p>The other Marvel title, &#8220;Avengers: Infinity War,&#8221; dropped 40 per cent. It&#8217;s still #4 and made over $10 million in its sixth weekend. Domestic total is $642 million, and it will almost certainly fall a little shy of &#8220;Black Panther,&#8221; which is creeping up to $700 million.<\/p>\n<p>&#8220;The Book Club&#8221; dropped less than 33 percent with $6.8 million. It should reach $60 million, about a 4.5 multiple from its opening. Its senior female four leads come in at an average age over 70. Maybe Johnny Knoxville should consider costarring with them.<\/p>\n<p>Female leads also head &#8220;Life of the Party&#8221; and &#8220;Breaking In&#8221; also showed similar holds. &#8220;Overboard&#8221; with Eugenio Derbez held on to 10th spot. The English-language comedy from Pantelion will be that production company&#8217;s biggest domestic success.<\/p>\n<p><strong>The Top Ten<\/strong><\/p>\n<p><strong>1. Solo: A Star Wars Story<\/strong>\u00a0(Disney) Week 2; Last weekend #1<\/p>\n<p>$29,296,000 (-65%) in 4,382 theaters (no change); PTA (per theater allowance): $6,687; Cumulative: $148,889,000<\/p>\n<p><strong>2. Deadpool 2\u00a0<\/strong>(20th Century Fox)\u00a0Week 3; Last weekend #2<\/p>\n<p>$23,325,000 (-46%) in 4,161 theaters (-188); PTA: $5,606; Cumulative: $254,652,000<\/p>\n<p><strong>3. Adrift\u00a0<\/strong>(STX) NEW &#8211; Cinemascore: B+; Metacritic: 56; Est. budget: $35 million<\/p>\n<p>$11,510,000 in 3,015 theaters; PTA: $3,818; Cumulative: $11,510,000<\/p>\n<p><strong>4. Avengers: Infinity War\u00a0<\/strong>(Disney)\u00a0Week 6; Last weekend #3<\/p>\n<p>$10,371,000 (-40%) in 3,570 theaters (-198); PTA: $2,905; Cumulative: $642,870,000<\/p>\n<p><strong>5. Book Club\u00a0<\/strong>(Paramount)\u00a0Week 3; Last weekend #4<\/p>\n<p>$6,800,000 (-32%) in 3,169 theaters (+169); PTA: $2,146; Cumulative: $47,317,000<\/p>\n<p><strong>6. Upgrade\u00a0<\/strong>(BH Tilt)\u00a0NEW &#8211; Metacritic: 65; Est. budget: $4 million<\/p>\n<p>$4,458,000 in 1,457 theaters; PTA: $3,060; Cumulative: $4,458,000<\/p>\n<p><strong>7. Life of the Party\u00a0<\/strong>(Warner Bros.)\u00a0Week 4; Last weekend #5<\/p>\n<p>$3,455,000 (-36%) in 2,511 theaters (-426); PTA: $1,376; Cumulative: $46,301,000<\/p>\n<p><strong>8. Breaking In\u00a0<\/strong>(Universal)\u00a0Week; Last weekend #6<\/p>\n<p>$2,815,000 (-%) in 1,682 theaters (-303); PTA: $1,674; Cumulative: $41,346,000<\/p>\n<p><strong>9. Action Point\u00a0<\/strong>(Paramount)\u00a0NEW &#8211; Cinemascore: C+; Metacritic: 37; Est. budget: $19 million<\/p>\n<p>$2,315,000 in 2,032 theaters; PTA: $1,139; Cumulative: $2,315,000<\/p>\n<p><strong>10. Overboard<\/strong>\u00a0(Lionsgate)\u00a0Week 5; Last weekend #8<\/p>\n<p>$1,975,000 (-37%) in 1,228 theaters (+32); PTA: $1,608; Cumulative: $45,523,000<\/p>\n<p><strong class=\"pmc-related-type\">Sign Up: <\/strong><a title=\"Stay on top of the latest breaking film and TV news! Sign up for our Email Newsletters here.\" href=\"http:\/\/pages.email.indiewire.com\/newslettersignup\" target=\"_blank\" rel=\"noopener\">Stay on top of the latest breaking film and TV news! Sign up for our Email Newsletters here.<\/a><\/p>\n<p>Source: IndieWire film<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The weekend could have been worse for &#8220;Solo: A Star Wars Story&#8221;: It dropped 65 percent at the box office, but&#8230;<\/p>\n","protected":false},"author":245,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_vp_format_video_url":"","_vp_image_focal_point":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[45],"class_list":["post-3506","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-careering"],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paqOTj-Uy","_links":{"self":[{"href":"https:\/\/blog.valdosta.edu\/m2\/wp-json\/wp\/v2\/posts\/3506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.valdosta.edu\/m2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.valdosta.edu\/m2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.valdosta.edu\/m2\/wp-json\/wp\/v2\/users\/245"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.valdosta.edu\/m2\/wp-json\/wp\/v2\/comments?post=3506"}],"version-history":[{"count":0,"href":"https:\/\/blog.valdosta.edu\/m2\/wp-json\/wp\/v2\/posts\/3506\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.valdosta.edu\/m2\/wp-json\/wp\/v2\/media?parent=3506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.valdosta.edu\/m2\/wp-json\/wp\/v2\/categories?post=3506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.valdosta.edu\/m2\/wp-json\/wp\/v2\/tags?post=3506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}