This weekend
follows the pattern of March 15 and June
14. On March 15, Fox's blockbuster
animated comedy, Ice Age hit it big w/
the kiddies, generating a debut in
excess of $45M. The same weekend Sony's
R-rated video game adaptation, Resident
Evil, debuted to a strong $17M
(surprising to most considering the
R-rating, which led people to believe
the core audience of
teens would not be able to see it).
However, it had heavy drops in the
following weeks. And finally the doomed
buddy cop flick which targeted adults,
Showtime, debuted to a so-so $15M but
horrid word of mouth only allowed the
$80M picture to clear about $40M
domestically.
Last month, Warner Bros.' embarrassingly
bad kids flick, Scooby-Doo, started an
unfortunate franchise w/ a huge $54.2M
debut. While it had horrendous declines,
the film should still end up in the
$150M range, setting the stage for a
sequel in 2004. But the real surprise of
the weekend was the Matt Damon espionage
thriller, The Bourne Identity, which
debuted to an amazing $27M+; a pleasant
surprise for the Oscar winner who hasn't
carried a true hit on his own since Good
Will Hunting. The film generated superb
buzz and is well on its way to entering
the $100M club. Like Scooby, Bourne
already has a sequel in development and
has become the biggest surprise of the
summer so far. Finally that weekend was
the biggest bomb of the summer, which
came in the form of MGM's Windtalkers,
which got panned by critics and will end
up w/ less than $40M domestically w/ a
budget of over $100M.
This weekend Disney unleashes its
fantasy epic, Reign of Fire, which has
sparked tremendous buzz in recent days.
The film's target audience is clearly
male teens looking for a kick butt
action film and they will probably get
it w/ this one. The FX is the main
drawing point w/ this one and reviews
haven't been that bad. On a personal
note I think this one looks rather dull,
but I'm not one who enjoys these films.
I tend to prefer "plot". A gut feeling
tells me this may be headed for
Evolution business, but I'm playing it
safe and predicting about $24.5M this
weekend, which I think will just barely
be enough for the top spot.
Ah, finally my most anticipated film of
the year comes w/ Sam Mendes' much hyped
follow up to his Oscar winning
directorial debut, American Beauty. The
gangster flick (Road to Perdition) stars
Tom Hanks, Jude Law, and Paul Newman and
carries a hefty budget of over $80M.
While the plot for Road to Perdition
couldn't be much more non-commercial for
a film opening in July, pedigree alone
guarantees a nice opening (not to
mention glowing reviews). Hanks has been
an unstoppable force at the box office
over the past decade and things don't
look to change any time soon. DreamWorks
is doing a beautiful job marketing this
picture and they are going to try w/ a
slightly different release method here,
releasing the film into less than 2000
locations, hoping to expand at later
dates and keep their Oscar hopeful in
theaters well into the fall (Oscar
pundits are already predicting it to
coast to the Best Picture finish line).
Road to Perdition could debut to $22.5M.
Kids get The Crocodile Hunter movie,
which stars the utterly annoying Steve
Irwin, whose TV show has brought him
many fans, as well as many people who
despise him (me included). The film will
surely break even, being that its budget
is a mere $13M. So this may be a rare
chance for a non-007 profit for MGM, but
there isn't enough interest or marketing
for a break through debut. But
unfortunately, kids will likely drag
their parents to see this. Look for
Crocodile Hunter to make in the low
teens this weekend.
And finally Miramax unleashes the 8th
film in their tired Halloween franchise.
This one stars Busta Rhymes and Tara
Banks. I'm sorry, but this series is
getting more ridiculous than the
horrible dialogue in Attack of the
Clones. Young adults are the main
audience for this low budget gore fest,
along w/ fans of the series (who should
just rent the original). Halloween:
Resurrection hopefully will be the last
of the series, but that's doubtful.
Anyways, enough people will show up
opening weekend to turn a profit but
clearing $40M domestically will be
nearly impossible.