Last month I predicted
that AOTC and Spider-Man would combine
for over $400 million and close to $500
million in box office returns in the
month of May. Turns out the movies
combined for over $550 million from May
3rd (when Spider-Man premiered) to May
31st. I also predicted that Star Wars
would be the bigger grosser and we all
know that has turned out to be wrong.
Before the unofficial summer movie kick
off on May 3rd, there were predictions
aplenty as to what movies will be tops
for the summer and the year. Everyone
put Attack Episode II on top. Some said
that Spider-Man would be in the top
three, some said in the top ten while
others said it might not even make the
top ten for the year. Can you believe
now that some thought the movie would
make less than $200 million? My
prediction was $252 million for its
entire box office run, but it was
obvious after those first numbers came
out on Saturday, May 4th, that even my
high prediction was going to be way off.
The early estimates on
that Saturday morning blew me away; $41
million for one day! (it later turned
out to be $39 million). That opening day
was the biggest opening day and one day
total ever for a movie. Surely the movie
would drop on the Saturday, considering
that most comic book to silver screen
adapted movies suffer drop offs from
Friday to Saturday. Wrong! The movie
broke its own record and made another
$43.6 million on its second day in
theaters! When all was said and done for
Spider-Man's opening weekend, its total
made Harry Potter's record opening of
$90 million look like a silly little
magic trick. Spider-Man had $114 million
in three days! At that pace the movie
would most likely make around $300
million, since big movies suffer from
blockbuster gravity by experiencing huge
declines of 50%+ on sophomore weekends.
Wrong again! Spider-Man dropped only
about 38% from its first to second
weekend, and shattered another record in
the process; the biggest second weekend
gross ever ($71 million). Such a strong
showing meant that this movie was going
to have some staying power. After making
the $100 million mark in a record 3
days, it had made it to the $200 million
mark in record time as well (9 days).
Its total in ten days was $223 million!
But a big challenge was just around the
corner; Attack of the Clones.
Everyone knew that
Spider-Man would get knocked out of
first place in its third weekend when
Episode II premiered, but once again, it
surprised by dropping only 37%, making
another phenomenal $45 million (the
biggest third weekend gross ever). By
its 22nd day in theaters, Spider-Man
crossed the $300 million mark, beating
the previous best (The Phantom Menace)
by six days. Memorial Day weekend fell
on Spider-Man's fourth weekend in
theaters, further helping its
cause. From the Friday to Sunday section
of the weekend, the movie once again
dropped only 37%, making $28.5 million.
It was however not enough to beat the
biggest fourth weekend gross record held
by Titanic. But I don't think anyone at
Sony was crying about that. After the
four day holiday weekend, the total for
Spider-Man was so high that it was
getting a little on the ridiculous side.
The movie had made just over $333
million.
By the end of the month,
Spider-Man's total stood at $343
million, good enough for #6 on the top
grossing movies of all time
list. Looking ahead, the movie stands a
chance of making it into the top three
grossing movies of all time before the
end of its run. Although it could be a
little too tough with other big movies
coming up, the movie needs to make only
another $92 million to pass #3 E.T.
($434 million). Phantom Menace is #4
with $431 million. It is a possibility,
but the movie will most likely end with
between $400 and $415 million. As if all
of that isn't amazing, Spider-Man has
already managed over $100 million in
ticket sales overseas as well.
It was fun in the
beginning to see how Attack of the
Clones would fare compared to
Spider-Man. The George Lucas prequel
started off with a bang, grossing $80
million in its opening weekend and had a
four day total of $110 million
(including the Thursday before opening
weekend). $80 million doesn't seem that
great compared to the $114 million
opening weekend of Spider-Man, but the
movie opened in more than 400 theaters
less than the webslinger (although the
per screen average was lower than
Spider-Man's opening weekend). But what
has occurred since that opening weekend
is a little befuddling. Sure, Episode II
made it to $200 million by its 11th day
in theaters, but it wasn't holding up
like Spider-Man. Sure, the 40% drop from
its opening weekend to its second
weekend wasn't as big as other
blockbusters, but it had a bigger drop
than Spider-Man had in its second
weekend.
As a big Star Wars fan,
it has now become a little sad to see
Spider-Man just blow away AOTC. And I am
just totally dumbfounded. Episode II is
one of the best movies I've ever seen
and definitely as good as the original
Star Wars and The Empire Strikes Back
(and better than Spider-Man). I loved
Episode I as well, but this episode is
just totally incredible. I know there
are some critics out there that don't
care for it, but they aren't real fans
of the series. The real fans of Star
Wars love this movie, as some say that
it is the best Star Wars movie ever. Out
of all the people that I have talked to,
only one person didn't like it. More
than half of them say that it is the
best Star Wars movie, while the others
say that it is a great movie. Attack of
the Clones is so well paced (never a
dull moment) and the action and effects
are unbelievable. The last part of the
movie is maybe the most exciting of any
movie ever (the big Jedi battle and the
Yoda fight scene, of course).
Still, the movie is
making a lot of money. Us Star Wars fans
were just expecting a little more. I had
a feeling that somewhere along the way
the drop in ticket sales would slow
down, but the movie made $5 million on
the last day of May (meaning a total of
around $20 million was in store for its
third weekend). At this pace the movie
will make right around $300 million. It
won't even be able to beat Harry Potter,
much less Spider-Man! That would be the
most embarrassing thing ever for a Star
Wars fan; to be beaten by a little boy
wizard. I'm just getting totally
depressed by that prospect. What has
become of the Star Wars faithful? I now
truly wish that Mr. Lucas had premiered
AOTC in more theaters. I know that he
cares about the quality and everything,
but a $100 million+ opening weekend
would have been great and ensured at
least $350 million at the box office.
Since I first found out
that George Lucas was going to make a
new Star Wars trilogy, I got extremely
excited. This was a great thing. But as
I've watched these movies unfold, I've
kept wishing that they would do so good
that Mr. Lucas would decide to make
another trilogy, Episodes 7 - 9. There
would be a public outcry and he would
finally give in and make the final
trilogy. I guess I can kiss those dreams
good-bye. But Mr. Lucas, please rethink
it. There are those of us that would
just love to see Episodes 7 - 9. And to
all Star Wars fans: please go out and
see this movie over and over. Let's get
it up to at least $350 million.
My prediction of $450 -
$500 million for Episode II now seems as
ridiculous as my $252 million prediction
for Spider-Man. Who would have thunk
that if I had predicted Spider-Man
making $450 - $500 million and Attack of
the Clones $252 million, I would have
been closer to the actual amounts? Star
Wars is however managing to do
incredible business overseas. The movie
has made over $100 million and could
possibly make twice the amount that it
has made here in the United States. All
you Star Wars fans that read this, get
other fans to read this and let them see
the numbers and that Episode II will get
beaten even by Harry Potter. Maybe we
can all together make sure that it
doesn't happen.
Well, with the spotlight
seemingly shining only on Spider-Man and
Star Wars in the month of May, you would
think that there were no other movies
showing.
First of all there is
the holdover from April that caused a
big commotion with a $36 million opening
weekend. Does anybody remember The
Scorpion King? Unfortunately for The
Rock, his movie had to face off against
Spider-Man in its third weekend, and
since then it's box office returns
plummeted. If the movie had come out a
week earlier, it could have grossed over
$100 million, but as it stands now the
movie couldn't even make it to $90
million. It's grossed somewhere between
$88 and $90 million by the end of May.
A holdover from March,
Panic Room actually never made it to
$100 million after having a great
opening and second weekend showing. The
movie's total by the end of May was
around $96 million.
The total for Changing
Lanes will be around $70 million
before the end of its theater run, and
The Rookie should end with about $75
million (both were released in April).
Most of the other movies
that opened in the month of May suffered
huge declines from weekend to
weekend. It's pretty obvious that none
of these movies will make the $100
million mark except for maybe the movie
that premiered on the very last day of
May, The Sum of All Fears. Fears first
day in theaters garnered $10 million in
ticket sales, setting a course for a $31
million opening. The opening knocked
AOTC out of the number one spot. But
even with such an opening, will Ben
Affleck's newest movie make it to the
$100 million mark? Well, if you look at
how movies have fared after $30 - 36
million debuts in the last two months
(Panic Room, Blade II and The Scorpion
King), then the answer has to be
no. Especially with a big slate of
summer movies coming out over the next
few weeks, with some of them (Bad
Company and Minority Report) being
direct competition. Fears will likely
end with around $90 million in ticket
sales. Which is strange, considering
that it has the biggest opening for a
Jack Ryan movie by far (The Hunt for Red
October - $17 million, Patriot Games -
$18 million, Clear and Present Danger -
$20 million), yet it will gross less
than two of them (October and Present
Danger both grossed over $120 million).
The only other hit that
premiered in the month of May was
Spirit: The Stallion of the Cimmaron. By
the end of May it had grossed $30
million, but suffered a 40% drop from
opening Friday to the second Friday. The
animated movie will most likely finish
with around $70 million.
One movie that looked
like it could be a huge hit was the
combination of four big Hollywood
talents, Insomnia. Directed by
Christopher Nolan (Memento) and starring
Al Pacino, Robin Williams and Hillary
Swank (all three of them Oscar winners),
the movie opened big with a $26 million
Memorial Day weekend (with about $20
million of it coming over the Friday to
Sunday period). But then the movie
suffered a huge decline on its second
Friday in theaters, dropping 53% from
its opening Friday. Insomnia will likely
end with around $55 million in ticket
sales.
One movie that held up
the best out of any movie in the month
of May was the Richard Gere/Diane Lane
film, Unfaithful. But since the movie
didn't start with much, the little
percentage drop from weekend to weekend
didn't help it bring in big numbers. The
movie will most likely finish with $50
million (it had $43 million by the end
of May).
Enough opened decently,
but suffered a 55% drop on its second
Friday. By the end of May it had $22
million. I thought this movie would do
very well, but in the end it looks like
it will have about $35 million.
The biggest surprise of
the month other than the obvious
Spider-Man beating AOTC was the good
reviews that the Eddie Griffin/Chris
Kattan/Denise Richards movie, Undercover
Brother received. Critics really liked
this movie and it opened with $3.4
million on its first day (the last day
of May). The movie might be able to
reach $50 million if audiences take a
liking to it.
A movie that must have
been a big disappointment for its
company was The New Guy, which by the
end of May brought in $26 million. It
won't make much more than $30 million.
Top movies of May:
Attack of the Clones (A+), Spider-Man
(A-), About a Boy (B+).
Top performances of May:
Diane Lane in Unfaithful (Oscar
nomination worthy), Al Pacino in
Insomnia (maybe Oscar nomination worthy)
and Hugh Grant in About a Boy (most
likely won't be nominated).
Continued >> June