New releases fail to impress, ‘The 5th Wave’ tanks

Three wide releases over the weekend. None of them finished in the top three on the box-office charts in North America. It’s been a disappointing start to the year with hardly any movie truly exciting the audience apart from The Revenant. This weekend had a mixed bag of new releases, a comedy, a horror and a sci-fi action film, but they seem to have only added to the misery that Americans are already facing from the extreme cold weather. Dirty Grandpa, the R-rated comedy starring Zac Efron and Robert De Niro, opened with $11.5 million in North America. The positive from this opening is that it is way better than the $1.7 million opening for Zac Efron’s last movie We Are Your Friends. But a better comparison should be 2014’s Neighbors, another R-rated comedy with Zac Efron playing second fiddle to Seth Rogen, which had opened with a stellar $49 million, a tally that Dirty Grandpa may not even achieve in its entire theatrical run. It’s such a shame that Robert De Niro is a part of such a movie which has gotten not more than a 7% score on Rottentomatoes. Dirty movie.

Earnings_Dirty Grandpa

The horror movie The Boy opened with $11.3 million as against its production budget of $10 million. The opening is even lower than that of The Forest ($12.7 million) which had opened in the first week of January and which had a similar production budget. The Forest is currently tracking to earn somewhere close to $30 million from North America, and it shouldn’t be much different for The Boy. Don’t expect any strong word-of-mouth here to push the movie beyond those numbers, because a 29% score on Rottentomatoes does not reflect a good story. The YA-based movie The 5th Wave, with a production budget of $38 million, was supposed to be the talk of this weekend. But alas, it has not even finished in the top five slots on the box-office. Domestic opening of $10.7 million and a global opening of $38.1 million is rather disappointing for what looked to be a trilogy in the making. The movie just wasn’t good enough, as the 18% score on Rottentomatoes indicates, and I doubt whether it will manage even $100 million at the worldwide box-office – a figure where it might break-even. With the studio more likely to lose money on The 5th Wave, a sequel will definitely not be on the cards; such a shame for those who loved the books, for the movie could have been so much better!

Earnings_The 5th Wave

With the new releases evoking little interest, The Revenant took the top spot despite a 50% drop in its collections over the previous weekend. The movie has now earned $224 million worldwide, crossing $100 million each in domestic and overseas markets. Last week’s Ride Along 2 has taken a big drop of 63% as compared to a 49% second weekend drop seen by Ride Along. The sequel has now earned close to $70 million worldwide but remains a step or two behind its predecessor. The fall for Michael Bay’s 13 Hours: The Secret Soldiers of Benghazi was surprisingly much lower at 40% taking the domestic collections to $33.5 million. But a week start has made it difficult for the movie to achieve even break-even numbers. Finally Star Wars: The Force Awakens is only $21 million shy of hitting $900 million domestically. Last week, I seem to have been hasty in suggesting that the movie may struggle to reach $2 billion collections worldwide, an opinion that I change in light of the movie’s $1.94 billion collections so far. Even though something of the might of Star Wars is quite far away, I hope the next weekend offers a lot better quality than what we have seen this weekend.

Here are the top 5 weekend earners at the US box-office (estimates):

1. The Revenant ($16.0 million; fifth weekend)

2. Star Wars: The Force Awakens ($14.3 million; sixth weekend)

3. Ride Along 2 ($13.0 million; second weekend)

4. Dirty Grandpa ($11.5 million)

5. The Boy ($11.3 million)

 


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