Weekend Wrap Up - a look at this week’s Industry Updates

February 21, 2022

President’s Day Weekend brought in $142.6M before Monday and $163.4M after the holiday weekend. Last year, President’s Day Weekend brought in $139.9M, so the year-over-year increase is significant. Last year, the box office was at $454.1M and the 2023 box office is approaching $1B, now at $945.3M – an increase of over 50% from last year as we look toward a jam-packed slate in March.

 

Ant-Man and the Wasp: Quantumania led the way during its opening weekend opening at $105.5M and $120M after the four-day holiday weekend. This was the best opening in the Ant-Man franchise and the 3rd highest opening for February and President’s Day, opening behind Black Panther (2018) and Deadpool (2016). Of the 7M overall admissions, males made up 65% of the crowd and the A18-34 demographic made up 64% of Quantumania moviegoers. Over half of the crowd was diverse: 31% Latinx/Hispanic, 17% Black and 12% Asian. The moviegoing experience was also done in groups, making it an event for family and friends. 24% of the audience came with either their parent or child, 18% came with their friend, 17% came with 2-4 friends, and 11% with a date.

 

Avatar: The Way of Water continues to dominate remaining in second place with a $6.4M weekend and $7.8M after the holiday. The film’s total gross is now $658.8M. It is approaching another James Cameron film, Titanic (1997), on the all-time highest grossing list. The Way of Water looks to take over Titanic’s eighth place spot, only trailing by $13.5M. On the worldwide list, The Way of Water has overtaken Titanic with a $2.243B overall global box office.  

 

The second frame of Magic Mike’s Last Dance brought in $5.4M and $6.2M after the holiday weekend. The film’s total gross now comes to $18.8M.

 

Puss in Boots: The Last Wish still hasn’t used up its nine lives with just a -4.8% drop from last weekend. The film grossed $5.3M and after the holiday weekend, $7M. Its overall gross is now $167.8M.

 

Knock at the Cabin grossed $3.9M over the weekend and $4.5M after the holiday weekend. The overall gross is now $31M

 

 

Next weekend brings Cocaine Bear, the true story of a bear in Georgia who accidentally ingests cocaine after it fell off a plane and terrorizes a town. Starring Ray Liotta, Keri Russell, O’Shea Jackson and Jesse Tyler Ferguson. Directed by Elizabeth Banks. Estimated opening $10M

 

Jesus Revolution also opens next weekend and tells the true story of the spiritual awakening during the 1970s after a church welcomes a community of hippies in southern California. Estimated opening $14M

 

 

Creed III final trailer was released as we approach its opening next week. Starring Michael B. Jordan and Jonathan Majors. Coming March 3. Estimated opening $40M

 

John Wick: Chapter 4 final trailer was released revealing more action scenes and BTS look at the film. Starring Keanu Reeves. Coming March 24. Estimated opening $60M

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