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

February 6, 2023

This past weekend saw $76.5M with help from two new wide releases. The yearly total is closing in on $1B, now at $672.6M. Last year on February 6th, the box office total was $360.3M.

 

Knock at the Cabin knocked off Avatar: The Way of Water for the first time since the James Cameron film opened seven weeks ago. Knock at the Cabin opened at $14.2M. The thriller film brought in a predominantly male crowd at 59%. The younger demographic showed up for M. Night Shyamalan’s newest movie at 64% A18-34 and it was a diverse crowd at 28% Latinx/Hispanic, 17% Asian and 16% Black.

 

On the heels of Tom Brady’s retirement announcement last week, 80 for Brady had perfect timing. The true story based on a group of friends who travel to the Super Bowl opened at $12.5M. Fans enjoyed reliving a Patriots Super Bowl run with giving it a 90% audience score on Rotten Tomatoes. 80 for Brady also tested out discounted tickets and will continue it for the remainder of its tenure in theaters. Tickets averaged $9.79 and brought in 1.3 million admissions.

 

Avatar: The Way of Water continues to have impressive holdovers with another weekend of $10.8M, a drop of only -32.4%. It has officially become one of the top 10 grossing films of all time now with a total gross of $636.4M, jumping ahead of The Avengers (2012). The Way of Water still has a chance to continue to move up the ranks, it is just under $17M away from Jurassic World (2015) in the ninth-place spot. The Way of Water is James Cameron’s third film to rank within the top 10 highest grossing films of all time.

 

Puss in Boots: The Last Wish brought in $8M during its seventh weekend in theaters. The co-viewing film continues to have impressive holdovers; this weekend the film only dropped -24.3%. The film’s overall gross now comes to $151.2M.

 

A surprise film snuck into the top five this weekend with the release of BTS: Yet to Come. The concert experience film of Korean pop group BTS’ free show at Busan’s World Expo brought in $6.2MThe concert was attended by over 50,000 fans in October 2022.

 

 

Next weekend brings three wide releases and will bring in a pre-Valentine’s Day crowd as we head into the holiday. 

 

Magic Mike’s Last Dance opens in theaters and is the last installment of the Magic Mike franchise. Mike takes the stage for one more time as he is brought in to choreograph on last dance for a socialite in London. Starring Channing Tatum and Salma Hayek. Estimated opening $25M

 

Titanic will be re-released in theaters this coming weekend to celebrate the 25th anniversary of the film’s release. The James Cameron film is the eighth highest grossing film of all time. Estimated re-release $20M

 

Consecration also opens this weekend bringing moviegoers the story of Grace who travels to Scotland to find out about the truth of her brother’s death and finds out information more disturbing than she could’ve imagined. Starring Jena Malone and Danny Huston. Estimated opening $500K

 

 

Big George Foreman official trailer was released. The film is a biopic about the life and boxing career of George Foreman. Starring Khris Davis, Forest Whitaker and Sonja Sohn. Estimated opening $8M

 

Guy Ritchie’s The Covenant official trailer was also released. The film follows U.S. Army Sgt. John Kinley and an interpreter from Afghanistan who fight for their lives after an ambush. Starring Jake Gyllenhaal and Dar Salim. Estimated opening $15M

 

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