Friday, May 18, 2012

'Battleship' Weak In 'Avengers' U.S. Wake: 'The Dictator' Even Weaker Domestic Start; Sacha Could Lose To 'What To Expect'

FRIDAY 7:45 AM: Universal's Battleship is 'certain to be soft' according to my studio sources after it opened with only $420K midnights from 1,074 theaters. That's weaker than Warner Bros' underperforming Dark Shadows last weekend and even Disney's notorious 2012 bomb John Carter. Universal cautions that 'both of those films have a bigger 'geek base'' whereas the strength of Peter Berg's military vs aliens actioner is 'that it's the anti-geek, anti-midnight movie of all time'. What does that mean? That the studio is hoping it does well in flyover country. The patriotic pic already has made $220M internationally, thus mitigating its $209+ budget and advance bad buzz in North America where Marvel's mega-juggernaut The Avengers from Disney is still sucking all the air out of the box office. Meanwhile, Paramount's The Dictator from Sacha Baron Cohen continues not to rule box office: It made onlt $2.8M Thursday after opening weak on Wednesday for a 2-day total of $7M. Now Baron Cohen's Middle East spoof may not even be the #1 comedy in the marketplace this weekend: the latest news is that Lionsgate says it's What To Expect When You're Expecting romantic comedy which wasn't tracking suddenly ticked up Thursday. 'We got a nice bump which could put us ahead of The Dictator for the three-day weekend and hopefully put our weekend into the high teens,' an exec tells me. 'Our P&A spend and production costs are even less than The Dictator ' and our cast made it to the Oscars without offending AMPAS. Ha.'

Marvel's The Avengers on Thursday set a new domestic speed record, reaching the $400M box office threshold in 14 days. Worldwide, it has passed Toy Story 3 and Pirates of the Caribbean: Dead Man's Chest to become the #6 highest-grossing film of all time and the highest grossing Disney release ever. Internationally it is the #9 highest-grossing film of all time. So The Avengers' cumulative performance to date consists of international box office $668.7M and domestic $402M for a global total of $1,070.7M. Additional highlights to date include: fastest film to reach $350M (10 days), $300M (9 days), $250M (8 days), $200M (5 days), $150M (3 days) and $100M (2 days) at domestic box office; Disney's fifth release to cross the billion dollar global box office threshold; biggest domestic opening of all time ($207.4M); biggest domestic second weekend of all time ($103M); highest-grossing domestic film of 2012, passing The Hunger Games in just 12 days of release; the 12th highest grossing domestic release of all-time; highest domestic Saturday tally ($69.5M); highest domestic Sunday tally ($57M); second-highest domestic single-day tally ($80.8M).

WEDNESDAY PM/THURSDAY AM: From parading a camel down the Cannes' Croissette this week, to humiliating Ryan Seacrest on the Oscars' Red Carpet last February, Sacha Baron Cohen hasn't missed an opportunity to hype his latest character, Admiral General Aladeen. But it looks like his many publicity stunts for Paramount's The Dictator worked better overseas than domestically. My sources say the R-rated spoof about a fictional Middle Eastern tyrant opened with just $4.5 million from 3,003 North American theaters on Wednesday, much weaker than the $5M to $6.5M that rival studios predicted the laugher would earn. Plus, audiences only gave it a 'C' CinemaScore which may adversely affect the pic's word of mouth this weekend. Like all the major early summer movies, Baron Cohen's film has an uphill battle because that mega 3D juggernaut Marvel's The Avengers (4,000+ theaters) from Disney keeps sucking the air out of the worldwide box office now that it has grossed $1B+. It's still expected to be the #1 North American film for the third straight weekend, also swamping Universal's Battleship (3,750 theaters) which is finally opening Friday in the U.S. and Canada after making $215.3M internationally over the past month. (Glub'  Glub' Glub') Avengers currently stands as the #9 film of all time globally, and the 13th highest grossing domestic release of all time (not adjusted for higher ticket prices or premium 3D or inflation). The film also just became the highest domestic grossing film of 2012, passing Lionsgate's The Hunger Games in just 12 days of release. 'It's an uphill battle here,' a Paramount exec admitted to me Wednesday. 'But internatonally it's ahead of the U.S. tracking, especially in Australia and the UK. The publicity does feel like it's paying off overseas, especially that Oscar stunt which got huge pickup.'

Internationally, The Dictator opened #1 in Australia on Wednesday with $710K ahead of $350K for Avengers which is already entering its 3rd week of release down under.  'We had a very good start  in Australia,' a Paramount exec gushed to me, noting that The Dictator's debut was better than Bridesmaids' and Dark Shadows' there. Also opening on Wednesday were Germany and UK. In all, 29 overseas markets open this weekend. International tracking also has been stronger overseas than Baron Cohen's two other starring vehicles: Borat did $128M domestic and $133M foreign, while Bruno did $60M and $80M foreign. 'This film figures to be somewhere between those two on a global basi,' a Patamount exe emailed me.

Still, you have to wonder whether the disappointment in the abhorrent Bruno of Baron Cohen's fans who loved the crassly hilarious Borat may hurt The Dictator's chances. So it may gross only low- to mid-$20sM for its five days in the U.S. and Canada. The good news for Paramount is that Baron Cohen's film cost only $65M-$70M which is cheap for a summer tentpole. (Batttleship cost $209+M, and Dark Shadows $150+M') The bad news is that the studio gave away between 25% to 30% to gross participants ' primarily to Baron Cohen. 'Honestly, it's just impossible to know right now,' admits a rival studio exec. 'His movies never really track, so it's hard to use that as a guide. But it doesn't feel like it's working to me, so we'll see. Also, the way Bruno dropped from Friday to Saturday suggests we'll see this very frontloaded regardless.' To be fair, the pic's box office could conceivably pick up this weekend, especially because no other major comedy has momentum in the marketplace. Lionsgate's What To Expect When You're Expecting has been on life support tracking-wise even though it's opening Friday in 3,021 theaters. Then again rom-coms are having a tough time of it lately' Fuller analysis in the morning.

Editor-in-Chief Nikki Finke - tip her here.



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