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

February 27, 2023

After grossing $90.8M this weekend, the yearly total is now $1.064B, which is still more than double of 2022’s box office total exactly one year ago, which was at $515M.

 

Ant-Man and the Wasp: Quantumania led for the second weekend in a row. It had a large drop-off of -69.7%, grossing $32.2M. This is due to two wide releases who follow closely behind in the rankings this past weekend. Quantumania’s gross total now comes to $167.3M.

 

Cocaine Bear opened at an impressive $23.1MThe Universal Studios chief Jim Orr was extremely pleased with the film’s debut stating, “Audiences across North America were eager to see this original, hysterical film that continues what is shaping up to be a very good year at the domestic box office.” Cocaine Bear has helped to prove that audiences will come out for original films, mirroring a M3GAN-like opening weekend. 65% of its opening weekend audience was A18-34, and 55% was diverse (28% Latinx/Hispanic, 14% Asian, and 13% Black). Audiences, particularly Gen Z, was excited to see the film in theaters as seen with all of the social media publicity leading up to its release.

 

Jesus Revolution also had success this weekend bringing in $15.5M. The Kelsey Grammer led film had a large female contingent making up 59% of the opening weekend audience. It also brought in the older demographic as 80% was 35+. It still had a decent diverse audience at 21% Latinx/Hispanic, 10% Asian and 5% Black. Audiences loved this film, giving it a 99% audience score on Rotten Tomatoes.

 

Avatar: The Way of Water remains in the top five grossing films for the 11th weekend in a row. This past weekend brought in $4.7M bringing its domestic gross total to $665.3MThe Way of Water is inching towards Titanic (1997) to take over the eighth highest grossing film spot – it is only $8.4M away.

 

Puss in Boots: The Last Wish also remains in the top five 10th weekend in a row after grossing $4.1M. The film’s total gross now comes in at $173.4M.

 

 

Next weekend marks the release of Creed III. Michael B. Jordan directs and stars in the franchise film as his past comes back to challenge him. Starring Michael B. Jordan and Jonathan Majors. Estimated opening $40M

 

Anime film Demon Slayer: Kimetsu No Yaiba – To the Swordsmith Village also opens next weekend. The film from Crunchyroll is based upon the show about a family who is attacked by demons and how the two survivors must avenge the death of their family. Starring Zach Aguilar and Kira Buckland. Estimated opening $15M

 

Operation Fortune: Ruse de Guerre opens this coming weekend. The action-comedy is about special agent Orson Fortune and his mission to recruit one of Hollywood’s biggest stars for a mission to bust weapons dealers. Starring Aubrey Plaza, Jason Statham, Cary Elwes and Hugh Grant. Estimated opening $12M

 

 

 

A Thousand and One trailer was released. The film follows a mother who kidnaps her child from the foster care system as an attempt to give him a better life. Starring Teyana Taylor. Estimated opening $1M

 

The Pope’s Exorcist trailer was released giving more plot details into the horror about Father Gabriele Amorth, the chief exorcist of the Vatican. Starring Russell Crowe and Franco Nero. Coming April 7. Estimated opening $10M

 

Comedian Sebastian Maniscalco’s About My Father official trailer was released. The film is based upon Maniscalco’s experience as an Italian-American and what happens when his father meets his wife’s wealthy family. Starring Sebastian Maniscalco, Robert DeNiro and Leslie Bibb. Coming May 26. Estimated opening $6M

 

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