Despite being ridiculed by critics, Men In
Black 2 scored $87 million in its first 5 days, on its way to
$190 million. The sequel left a bad aftertaste in many fans.
Tom Hanks scored big with audiences playing a mob man in Road
to Perdition and garnered fantastic buzz for his portrayal
(The film made its way to $104 million). The month’s biggest
hit came late in the month when Austin Powers 3 smashed its
way into theaters, breaking the July opening weekend record
with a $73 million opening weekend, on its way to a monstrous
$213 million, securing a spot in the top 5 of the summer.
Solid performers of the month including the kid flick, Like
Mike, with its $51 million tally. The rest of the month was
rampant with disappointments as pictures just crashed and
burned even if they had budgets over $100 million. The $100+
million budgeted K-19 and Stuart Little both disappointed,
grabbing $35 million and $65 million respectively.
Stuart Little had to be one of the biggest disappointments
of the year. It had many factors in its favor yet just could
not capture much attention from the public. If Stuart Little 2
had opened in December like its predecessor, I truly believe
it could have easily pulled in over $100 million. The
Powerpuff Girls opened over Independence Day with a measly
$3.6 from 2340 theaters before finishing with close to $11.4
million, while Disney’s first ride to movie project, The
Country Bears, scored disappointing numbers as well with a
total of just $17 million. Reign of Fire, Halloween:
Resurrection, The Crocodile Hunter, and Eight Legged Freaks
also performed dismally. The month was truly one of the most
unpredictable of the year.
Business in the first two weeks of August used to be dismal
compared to the rest of the season, but things have changed
over the past few years. Signs and xXx proved this when they
opened with $60 million and $45 million this past August.
Signs finished its run with a great $228 million, and xXx
grabbed close to $142 million from moviegoers. The other
strong performer was Spy Kids 2: The Island of Lost Dreams,
which grossed close to $86 million on a $38 million budget.
Dana Carvey’s The Master of Disguise and (producer) Brian
Grazer’s Blue Crush performed solidly while Blood Work,
Serving Sara, Undisputed, Simone, and Feardotcom all performed
poorly but should find more success on video/DVD shelves.
The month’s biggest loser and perhaps the biggest flop of
the year would have to be Eddie Murphy’s second release of the
year, The Adventures of Pluto Nash. Budgeted at $90 million,
Nash had an opening day of just $727, 870 from 2320 theaters,
averaging $314 per theater. It pulled in $2.2 million opening
weekend before finishing its quick and disastrous run with
just $4.4 million.
Eddie Murphy’s awful year was not over yet, as Showtime and
Nash would soon be joined by another disappointment, I Spy.
Summer 2002 totaled $3.14 billion, 2.5% more than 2001’s
tally. The big winner of the summer was Spider-Man with its
$400+ million tally. A small independent film began expanding
more quickly at the end of the summer, however, and would
really take away some of Spider’s glory. Spider-Man was seen
by many to be the story of the year by August, but IFC’s My
Big Fat Wedding was just heating up by summer’s end and would
captivate millions into the fall months, and secure and cement
its spot in the record books.
September was perhaps the slowest month of the year, but
helped tremendously by female-skewed pictures such as Greek
Wedding and Sweet Home Alabama, and the Ice Cube picture
Barbershop. While Wedding never once hit the top of the box
office, it consistently remained a dominant box office player
in September. Barbershop, on the other hand, took many by
surprise and grossed close to $75 million in total on a $12
million budget. Sweet Home Alabama solidified Reese
Witherspoon’s A-list star status, as it grabbed close to $36
million opening weekend on a $30 million budget, on its way to
a fantastic $126 million. It also became the biggest September
opening weekend of all time. The Tuxedo, The Banger Sisters,
Swimfan, and One Hour Photo performed fairly well (Sisters,
Swimfan, and Photo all had relatively low budgets).
On the other hand, City by the Sea, The Four Features,
Stealing Harvard, Trapped all performed dismally. Ballistic:
Ecks Vs. Sever was the month’s biggest disappointment, as it
made just $14 million in total despite a $70 million budget.
Many also felt that Spirited Away also had a disappointing
run. The Japanese film played in limited release and made
close to $5.4 million. But some felt that the film had the
potential to pull in much more based on its status as Japan’s
all-time box office champion, along with its almost universal
critical praise. It may have a second life at the box office
once Oscar nominations are announced.
Part 4 (October - December 2002)
October started with a bang as Hannibal Lector crept back
into theaters in Red Dragon, the prequel to 1991’s The Silence
of the Lambs. It broke the October opening weekend record with
its $36.5 million bow, but finished with a somewhat
disappointing $93 million. The month’s surprise hits were The
Ring and Jackass: The Movie. The Ring opened with $15 million,
displayed incredible legs, and has grossed close to $127
million to date. An interesting fact about The Ring is that
its 2nd, 3rd, and 4th weekends were all greater than its
opening weekend tally. Word of mouth on the horror flick was
incredible. Jackass scored close to $64 million from
audiences, incredible for a film with a mere $5 million
budget. Solid performers of the month included Jonah: A Veggie
Tales Movie, Ghost Ship, Brown Sugar, The Transporter, and
Bowling for Columbine.
Columbine never played in more than 250 theaters, but
grossed a great $15.8 million so far in its run. October had
many releases that resulted in many disappointing box office
runs. Abandon, The Truth about Charlie, White Oleander, Tuck
Everlasting, Knockaround Guys, The Rules of Attraction, and
Formula 51 were some of October’s casualties. The biggest
casualty of all, however, was Madonna’s box office dud, Swept
Away, which floundered with just $600,000 in total. Madonna’s
luck would improve with the James Bond film Die Another Day,
in which she had a cameo and sang the title song. October had
many other casualties, but the month was clearly The Ring’s
time to shine.
As October winded down, the lucrative month of November
began and set the box office ablaze. The clear winner was
Harry Potter and The Chamber of Secrets, as it grabbed close
to $247 million so far and could finish with close to $265
million. While this is an impressive figure, it is lower than
the original Harry Potter, which finished its run with close
to $317 million. Die Another Day, on the other hand, became
the biggest Bond picture of all time with a gross of over $150
million. The Halle Berry/Pierre Brosnan pairing clearing
pulled in huge crowds, and the success of the film may even
result in a Bond spin-off starring Halle Berry. Other big
performers of the month would include The Santa Clause 2 with
a tally close to $137 million, and Eminem’s 8 Mile with $115
million. Mile opened with $51 million, but did not display the
best legs. Some solid November performers would include Friday
after Next and The Emperor’s Club.
Eddie Murphy experienced his third straight disappointment
of the year, as the $70 million-budgeted I Spy under performed
with a total of just $33 million. To put things into
perspective, Eddie Murphy’s three films of 2002 (Showtime, The
Adventures of Pluto Nash, I Spy) cost close to a $245 million
combined yet only grossed about $76 million domestically.
Other November films that did not catch on with moviegoers
included Femme Fatale, Half Past Dead, Extreme Ops, They,
Solaris, Eight Crazy Nights, and Disney’s Treasure Planet. The
latter cost close to $140 million to produce yet has only made
$35 million so far in its disappointing box office run.
Disney’s business should pick up next year when they release
the Pixar-animated Finding Nemo.
Some of 2002’s most anticipated films were saved for
December when Lord of the Rings: The Two Towers hit theaters,
along with the long-delayed Gangs of New York. Most, however,
were anticipating the December 18 release of The Two Towers,
which was to set the box office on fire. Rings opened with $26
million (Wednesday) on its way to a $62 million weekend. The
sequel is destined to outperform its predecessor and has a
slim chance of out-grossing Spider-Man by the end of its run.
Gangs of New York finally hit theaters two days after Two
Towers, grabbing $9.5 million from the pockets of moviegoers.
It has made close to $40 million so far in its run, but
carries a budget of close to $100 million (Oscar should be
generous to the Leonardo DiCaprio picture). The other big
players of December were Steven Spielberg’s Catch Me if You
Can, Two Weeks Notice, and Maid in Manhattan, as all four of
these films are likely to be members of the $100 million club.
Other solid performers included Empire, The Wild Thornberrys,
and Drumline. The latter took many by surprise and became a
sleeper hit.
December 2002 also had its share of losers, including
Pinocchio, The Hot Chick, Star Trek: Nemesis, and Analyze
That. Analyze made significantly less than its predecessor and
was seen by many as an unnecessary sequel. Star Trek: Nemesis
became box office road-kill and will finish as the all-time
lowest grossing Star Trek film. With December also comes the
busy release and expansion of multiple films seeking award
recognition, and December 2002 was no different. Adaptation,
About Schmidt, Antwone Fisher, Chicago, and The Hours were
some of the movies opening in limited release, all longing for
Oscar gold. Greater expansions should take place in January.
2002 was a record year with many surprises and
disappointments. The biggest surprise of all was the success
of My Big Fat Greek Wedding, which has become one of the
biggest films of all time. Spider-Man also made a huge impact
on the year, along with The Two Towers, Star Wars: Episode 2,
Signs, and Goldmember (Austin Powers 3). Although 2002 was a
record-breaking year, 2003 may be even bigger with anticipated
films like the Matrix sequels, Terminator 3, The Hulk, and
Return of the King set to take theaters by storm. It should be
a big year, but only time will tell whether 2003 can compare
to the incredible movie year that was 2002.