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Entries in blockbuster (2)

Sunday
Feb212010

'Island' Shutters Competition

As expected, Martin Scorsese's new film starring Leonardo DiCaprio, Shutter Island, bested its box office competition this weekend, drawing an estimated $40.2 million.  This represents a best-ever debut for both Scorsese and DiCaprio, and is a fantastic debut for an R-rated genre flick.

Last week's big opener, Valentine's Day, no longer boosted by the natural publicity its namesake holiday generated, plummeted from the top spot.  It dropped 69%, coming in at $17.1 million for a cumulative total of $87.4 million so far.

In third place was James Cameron's Avatar, with $16.1 million.  It's 31.8% drop was it's biggest week-over-week to date.  With a whopping $687 million in domestic grosses to date, Avatar is undoubtedly reaching the end of its salad days, as it'll lose most of its 3-D screens to Tim Burton's Alice in Wonderland in the coming weeks.

Percy Jackson and the Lightning Thief had its strong debut weekend cut in half, bringing in $15.3 million for $58.7 million so far.  With another $68 million in international grosses, it should have no problem earning back its $95 million production budget.  It's no Harry Potter, but a strong performance on DVD/Blu-ray could help to make other books in the series a reality.

Finally, rounding out the top five is last week's second place opener, and another film that suffered a massive drop week-over-week, The Wolfman.  The action/horror flick dropped 69% to $9.8 million in its second weekend.  With an estimated $50 million domestically, and an anemic $46 million internationally (this type of picture usually does much better overseas), it will likely lose money for Universal Studios.

Thursday
Jan072010

Avatar Takes Third

As of Tuesday, January 7th, Avatar is the 3rd highest grossing film of all time (worldwide - not adjusted for inflation) with $1.098 billion in ticket sales. 

At its current run rate, it will pass Lord of the Rings: Return of the King in the number two spot on Wednesday or Thursday.  After that, it's a long $700 million climb to make a run at Titanic's top spot.