In RED 2, the high-octane action-comedy sequel to the worldwide sleeper hit, retired black-ops CIA agent Frank Moses reunites his unlikely team of elite operatives for a global quest to track down a missing portable nuclear device. To succeed, they'll need to survive an army of relentless assassins, ruthless terrorists and power-crazed government officials, all eager to get their hands on the next-generation weapon. The mission takes Frank and his motley crew to Paris, London and Moscow. Outgunned and outmanned, they have only their cunning wits, their old-school skills, and each other to rely on as they try to save the world-and stay alive in the process.
||July 19th, 2013 (Wide) by Lionsgate|
||November 26th, 2013 by Lionsgate/Summit|
||PG-13 for pervasive action and violence including frenetic gunplay, and for some language and drug material.|
(Rating bulletin 2275, 6/5/2013)
||Hitmen, Terrorism, Out of Retirement, Love Triangle, Intertitle, Martial Arts, Cold War|
|Source:||Based on Comic/Graphic Novel|
|Production Method:||Live Action|
|Creative Type:||Contemporary Fiction|
||Summit Entertainment, di Bonaventura Pictures|
It's a pretty soft week when it comes to new releases. This is not surprising, as it is also Thanksgiving long weekend starting on Wednesday. These releases are only going to be out one day before they are overshadowed by sales. Fortunately, there are a couple of releases that stand out. The biggest of these, and the best, is Breaking Bad: The Final Season. The DVD or the Blu-ray could be a contender for Pick of the Week even during the busiest week. However, I think that honor should go to the show's Blu-ray Megaset. It is expensive, but it is worth it. An honorable mention goes to Mystery Science Theater 3000: 25th Anniversary Edition.
Red opened in the fall of 2010 and became a surprise hit. When you think of action films, you generally don't think of retirees. The combined age of the four actors who played the retired secrets agents was 250 years old when the movie came out. But because the film was something different, it won over critics and moviegoers. Needless to say, they started working on a sequel soon after. However, when Red 2 came out, it wasn't as successful at the box office or with critics. Is it really weaker? Is it so weak that it isn't worth checking out if you liked the first one?
Pacific Rim earned first place over the weekend with $53.0 million in 58 markets for a total of $200.4 million internationally and $293.3 million worldwide. It has made more internationally than it cost to make, but it will still need a lot of help to break even. The film's biggest market over the weekend was China, where it debuted in first place with $45 million. Unfortunately for the film, while studios take about 60% of the box office numbers in the United States (it varies per film) they only get about 20% of the box office in China. Or to be more accurate, they will only get about 20% of the box office, once the sales tax dispute is settled. Right now, they are getting nothing.
The Wolverine did not live up to expectations, but it still dominated the weekend box office chart, earning more than double the second place film, The Conjuring. Overall, the box office fell nearly 12% when compared to last weekend hitting $172 million. This is still 28% higher than the same weekend last year, which is a great result. In total, 2013 has pulled in $6.40 billion, which is just under $20 million or 0.3% below last year's pace. This is fantastic; however, had The Wolverine performed as well as some were expecting, 2013 would have pulled into the lead over the weekend.
The winners of our Too Many Twos contest were determined and they are...
The weekend box office was mixed with two of the four wide releases matching predictions, Turbo and R.I.P.D.. There was one movie failing to reach expectations, Red 2. And finally there was one more beating nearly all predictions, The Conjuring. Fortunately, The Conjuring did so well that it made up for the weak films and helped the overall box grow to $195 million. Granted, that was within a rounding error of last weekend, but any growth is good news. There is also some bad news, as this was 16% lower than the same weekend last year, but since that was the weekend The Dark Knight Rises opened, this is actually better than expected. Year-to-date, 2013 has pulled in $6.12 billion. This is still lower than last year's pace ($6.16 billion), but it is close enough that it would only take one surprise weekend result to catch up. Earlier in the year, I thought 2013 was a lost cause. Now I'm much more optimistic.
There are four new releases coming out this week, but there is a wide range of predictions for some of these films. Turbo opened on Wednesday to mostly good reviews and some think it will earn first place over the weekend. Red 2's early reviews are weaker than anticipated, but it still has an impressive cast and could come out on top. The Conjuring is earning some of the best reviews of any wide release opening this summer. It is a horror film and those rarely open in first place in the summer, but the buzz is growing and it could be a surprise hit. Then there's R.I.P.D., which has bad buzz and no reviews. It will likely not make the top five. This weekend last year was the weekend The Dark Knight Rises opened and there's no chance 2013 will come out on top on the year-over-year comparison. In fact, the total box office this year might be lower than The Dark Knight Rises opening alone.
Next week is a busy week with four films coming out: Turbo, The Conjuring, Red 2, and R.I.P.D. All four films should make $20 million over the weekend, more or less, (less in the case of R.I.P.D.). This makes it really hard to choose the target film. R.I.P.D. is the least likely to be a hit, so it is eliminated. Turbo is the most likely, but it opens on Wednesday, so it is eliminated. I really want The Conjuring to be a hit, because there are several actors in the movie that I like. (Lili Taylor doesn't get enough work in my opinion.) However, I think Red 2 will have the biggest opening of the weekend. As such, it is the target film for this week's box office prediction contest. In order to win, one must simply predict the opening weekend box office number for Red 2.
Whoever comes the closest to predicting the film's opening 3-day weekend box office (Friday to Sunday), without going over, will win a copy of Femme Fatales: The Complete Second Season on DVD.
Meanwhile, whoever comes the closest to predicting the film's opening 3-day weekend box office (Friday to Sunday), without going under, will also win a copy of Femme Fatales: The Complete Second Season on DVD.
Entries must be received by 10 a.m., Pacific Time on Friday to be eligible, so don't delay!
For the most part, June was a really strong month at the box office with nearly every film either matching expectations, or at least coming close enough to call it a victory. Looking forward, there are a dozen films opening wide in July, more or less. One of them, The Smurfs 2, is opening on a Wednesday, so I'm going to hold off talking about that movie till the August preview. Kevin Hart: Let Me Explain is opening in less than 1000 theaters, but it has a shot at reaching the top ten during its opening weekend. If we include both of them, there are twelve films, but I think it is better to stick with the ten truly wide, truly July openings. Of these, Despicable Me 2 is clearly going to be the biggest hit at the box office. It could become the second biggest hit of the year so far. It is not the only film that could be a $100 million hit. In fact, there are six films opening in July that I think have a better than 50% chance of reaching that level. There is currently only one film that I think won't at least become a midlevel hit. By comparison in 2012, there were three $100 million movies, led by The Dark Knight Rises, but the rest of the new releases struggled. There's no chance any movie opening this month will top $400 million, in fact, it is quite possible no film will get to $300 million. That said, 2013 has a lot better depth, so it might come out on top in the end.
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