Tuesday, January 1, 2013

The Hobbit wins box office. Les Miserables and Django Unchained neck and neck.

It’s frightening sometimes how accurate the math can be. Before this year, there were only a handful of movies that have opened on a Christmas day that happened to land on a Tuesday over the last decade (Ali and Kate and Leopold in 2001, Alien vs. Predator: Requim, The Great Debaters, and The Waterhorse).

Ali, AvP2, and the Denzel Washington drama The Great Debaters were pretty front loaded ($10m/$34m and $9.5m/$26m, and $3.5m/$13m respectively) while the smaller films (Kate and Leopold and The Waterhorse: Legend of the Deep) had smaller opening Christmas days but longer legs over the six days ($2.5m/$17m and $2.3m/$16.7m).
I use these prior examples because the three major wide releases this weekend pretty much matched up those patterns to a tee. So when I tell you that Les Miserables opened on Christmas Day to $18 million but did “just” $28 million for the weekend and “only” $66 million for the six-day holiday (a 3.67x weekend multiplier), that doesn’t mean anything other than it played like a normal high-profile film that happened to have opened on Tuesday the 25th. Or that Django Unchained pulled in $64 million off a $15 million Christmas Tuesday opening, that means that it’s actually the biggest legs of any would-be blockbuster to open on this specific Tuesday the 25th date (4.2x weekend multiplier).
to read more go to Mendelson’s Memo

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