In this week’s podcast, Deadline International Editor Nancy Tartaglione and host David Bloom run through all the many announcements for different segments of the Cannes Film Festival the past week, from the main competition to Critics Week to the Directors Fortnight. The big news: lots of female directors, lots of Canadians. David and Nancy also update what happened to that rumored sale of the UK’s Channel 5 and Malta’s efforts to boost its attractiveness as a filming location in the middle of the Mediterranean with better tax incentives. They wrap up with their weekly peek at news and trends in the international box office, as the Amazing Spider-Man 2 began to spin its web, and Captain America: The Winter Soldier, Rio 2 and Noah all passed major milestones.
Box Office Final: ‘Heaven’ Is Real Deal Behind ‘Captain America’ Which Shoots Past $200M; ‘Rio 2′ Perches At No. 3; ‘Transcendence’ Short Circuited
OPENING: Heaven Is For Real (SONY) stellar at $22.5M (3-day) and $29.5M (5-day) for No. 2; Transcendence (WB) despondent at No. 4 with $10.8M; A Haunted House 2 (OPRD) $8.8M; Bears (DIS) hibernating with $4.7M.
5TH UPDATE, 2:45 PM: The final numbers are in for the box office Top 20, and Sony/TriStar has a lot to celebrate this weekend as peeps flocked to Heaven Is For Real this Easter holiday with a final tally of $22.5M (three-day) and $29.5M (five-day). Disney/Marvel’s Captain America: The Winter Soldier has a very good chance of being No. 1 for four weekends in a row as there is nothing in the hamper next weekend to stop it. Not since Lionsgate unleashed The Hunger Games in 2012 has that happened, and before that, the last time was in 2008 when Warner Bros introduced The Dark Knight. Rio 2 is No. 3 in its second weekend out, dropping 44%, and racking up $75M in two weeks. Transcendence, the Johnny Depp-starring sci-fi film, short-circuited this weekend and should have been retitled Despondence as it came in under $11M for Warner Bros. and Alcon. Uh, no peeps cared for that one. Surprising coming from Oscar-winning cinematographer Wally Pfister who made his directing debut and delivered such a bomb. The trailer was confusing and hard to follow. Seemed like it was just a bunch of shots of Depp in different states of duress instead of selling futuristic sizzle. The one sheet was a headshot of Depp with digits on his head. And the production stills made him look like American Hustle‘s Bradley Cooper in perm rods. It’s like Lawnmower 2 for the YK2 generation. Yes, in fact, there is actually a Y2K joke in there … so 2000.
Leaving no question about Divine Intervention: Noah jumped up two notches yesterday over opener Bears and God’s Not Dead to round out the Top 10 … and … Draft Day (which dropped 42% this weekend) scored better in its sophomore frame and juked Divergent this weekend to get the No. 6 spot. A Haunted House 2 from Open Road creaked its way to No. 5 and $8.8M in its debut while Oculus dropped 57% in its second weekend. Opening next weekend: the Cameron Diaz-Kate Upton-Leslie Mann comedy The Other Woman (Fox), Brick Mansions (REL) which stars the late Paul Walker, and the horror film The Quiet Ones (LGF). Expanding from five theaters to 25 runs in LA and NY will be the John Turturo’s comedy Fading Gigolo (Millennium). Here are the final weekend box office numbers:
Based on the phenomenal grosses from Frozen and Captain America: The Winter Soldier, Disney (which crossed $1BM worldwide earlier this month) now can boast that it crossed $1B internationally in record time. Frozen has just surpassed Ice Age 4 to become the worldwide leader as the highest-grossing animated film of all time in international markets with a total tally of $729.3M. In comparison, Ice Age: Continental Drift grossed $715.9M in 2012. In addition, Frozen is hovering at $400M domestically and should reach that watermark next weekend. It just skated across the $100M in Japan while Captain America 2 opened there as its final territory in its international run. Disney boasts the No. 1 and No. 2 spots in the country now with Frozen leading the way.
So far this year, the studio also commands the top two positions internationally of all films in the marketplace … Frozen is No. 1 with $462M and Captain America is $385.1M for the second spot. To show the dominance internationally, the No. three movie – The Wolf of Wall Street — is $122.6M behind the Cap.
Marvel’s Captain America 2 has now grossed over $500M. In China alone, it is on the verge of passing $100 million. The sequel, 199% ahead of what the first installment did in its full run of $194M, has already passed the total international box office cumes for Iron Man 2 ($312M) and Iron Man ($267M) as well as Thor ($268M) and it did so in four weeks. In Japan, it grossed $2M, more than doubling the opening weekend of the first installment. It is still No. 1 in Korea four weeks running, too.
Fading Gigolo cashed in at the box office this Easter weekend, catapulting itself to the second-highest theater average of 2014 among specialty releases. The feature directed by John Turturro and starring Turturro, Woody Allen and Sharon Stone opened in five locations in New York and LA on Friday, grossing an estimated $198,399 through Sunday for a solid $39,680 average. That outranks A24′s strong debut for Under The Skin starring Scarlett Johansson, which opened at the beginning of this month. That film, incidentally, passed the $1M cume mark this weekend, with the Jonathan Glazer-directed experimental sci-fi pic grossing $140K in four theaters for a $35K average. The top opener by far of course is Fox Searchlight’s sizzling The Grand Budapest Hotel, which bowed to a record $202K per-theater average March 9.
The opening for Fading Gigolo portends a good run for the comedy, which centers on Fioravante (Turturro), who decides to become a Don Juan as a way of making money for his cash-strapped friend Murray (Allen). Turturro told me last week the film had sold to “top notch” distributors worldwide with strong opens in some international territories ahead of its U.S. launch. “It’s a date movie and even people in their 20s like the movie,” he said. “If they like the movie, then anyone will like the movie.” Millennium Entertainment CEO Bill Lee said this morning that Fading Gigolo is performing better than even hoped. “We saw a spectacular jump from Friday to Saturday, which goes to show that audiences were craving a funny and heartfelt film,” he said. Millennium will hold in NY and LA next week expanding the film to 25 runs in both metropolitan areas. It will head to San Francisco, Dallas, Boston, Chicago, Philadelphia, Washington D.C. and Miami on May 2, then to additional markets May 9.
Under The Skin saw a sizable expansion and grossed more than $467K in 176 theaters, averaging $2,656. Last week, the film grossed over $309K from 54 runs ($5,727 PTA). Its cume now stands at $1,086,241.
Box Office: Lukewarm Thursday Bow For ‘Transcendence’, ‘Rio 2′ Might Get Its No. 1 Weekend Yet; ‘Heaven Is For Real’ May Surprise
Even with taking over Captain America: The Winter Soldier‘s IMAX theaters this weekend, the fact that it is a new sci-fi thriller, Johnny Depp’s the lead and it’s the only real newcomer with a shot at No. 1, Transcendence‘s debut near the top of the box office is doubtful this weekend based on Thursday night’s grosses. Bets are on that Fox’s Rio 2 may end up with around $26M, Disney/Marvel’s Captain America 2 next with $22M-$23M and Warner Bros.’ Transcendence at No. 3 with around $18M-$20M. Those predictions come as Transcendence grossed only $850K on Thursday.
A question mark is Sony’s Heaven Is For Real and how many infrequent moviegoers (i.e. faith-based crowd) may boost attendance numbers. Sony noted this morning that it seems to be crossing over to a faith-based crowd and word is spreading on social media. It certainly seems to be. The film has an overall CinemaScore of A and an A+ with the under-35 demo. Right now the Greg-Kinnear-starring film based on the bestselling book is tracking around $12M-$14M for the three-day, similar to Marlon Wayans’ Haunted House 2 from Open Road. Heaven Is For Real took in a stellar $3.7M — on a Wednesday — and last night took in another $1.37M for a two-day cume so far of $7M, which puts it in line for a 5-day gross of around $20M for the Randall Wallace-directed drama.
Tonight’s business should be strong because today is Good Friday, but come Easter Sunday, moviegoing traditionally slows on the Christian holy holiday. Easter is unlike strong holidays such as Thanksgiving or Christmas.
Nancy Tartaglione contributed to this report.
There’s absolutely no arachnophobia in international markets for The Amazing Spider-Man 2. Sony Pictures Entertainment’s latest film in its mega-franchise opened in 15 territories — including across Europe in the U.K. Spain, Germany and Belgium and in other top markets of Mexico and Australia — and numbers are just now rolling in … and they are very strong and off to a great start.
In four markets — the U.K., Germany, Australia and Belgium — the movie already has logged the biggest opening days of the year. In the U.K., Spidey grossed $2.73M, which is not surprising since it’s a top school holiday and kids are flooding into the market now. Back in 2012, The Amazing Spider-Man made $40.3M in the U.K. all in, so this is one of the most important markets for the studio. The film grabbed $1.44M Down Under in Australia, a big $1.3M in Germany and in Belgium $190K for its opening day. Other markets where Spidey opened are Austria, Denmark, Israel, New Zealand, Portugal, Switzerland, Uraguay, Bulgaria, and Sweden.
In this week’s podcast, Deadline International Editor Nancy Tartaglione speaks from the Mip-TV conference in Cannes with host David Bloom. With lots of news coming out the show’s first couple of days, highlights include the panel Nancy moderated Monday featuring Amy Poehler and the team behind Comedy Central’s Broad City. Nancy and David also discuss some of the increasingly out-there reality formats built on surreal social experiments, a big content deal for Sony in Scandinavia and yet another hot format for sale from Israel’s Keshet. Nancy and David also look at filmmaking in Rwanda 20 years after the genocide that killed 800,000 people, and nominees for this year’s BAFTA TV Awards. Finally, they wrap up the week’s international box office.
BOX OFFICE FINAL: ‘Captain America’ Smashes April Opening Record With Estimated $95M For Disney/Marvel, Includes $10.2M Thursday Previews; Year Up 6.8%, Weekend Ahead 23% From 2013
OPENING: Captain America: The Winter Soldier (DIS), smashes April opening records with estimated $95M to $96.2M opening and ended up at $95M.
UPDATED, MONDAY, 1:00 PM: Captain America: The Winter Soldier‘s final numbers are in, and it’s on the low end of the estimate to $95M with international numbers still coming in. But what a huge start overseas: The Disney/Marvel franchise has commanded an estimated international cume of $207.1M, with $32.9M coming this weekend from China alone. So worldwide, it already has grossed $302.1M to date. It’s about 47% ahead of the first Captain America, which made $193.9M overseas and ended its run with $370.5M worldwide in 2011.
Domestically, it should be clear sailing next weekend for Captain America as bowing will be the animated kid’s fare Rio 2 From Fox, which has already hit overseas markets to gross $55.4M. It hasn’t swung into China or Mexico yet. The first Rio made $143M domestically and $484.6M worldwide in 2011. But family audiences are growing weary of both Muppets Most Wanted and Mr. Peabody & Sherman, which have been in the marketplace for three and five weeks, respectively, so its prime time to come out with another family film. In addition, Lionsgate Films’ opens in wide release the Ivan Reitman-directed Draft Day, starring Kevin Costner, who must be exhausted from the number of press junkets he’s had to go through this year with Jack Ryan: Shadow Recruit, 3 Days to Kill and now Draft Day. Blumhouse Prods’ horror flick Oculus from Relativity hopes to mirror the success of Evil Dead. Oculus premiered at Toronto while Evil Dead also went the festival circuit last year at SXSW before bowing in April. In limited release from The Weinstein Company will be opening the Colin Firth-Nicole Kidman starrer Railway Man, the WWII film based on the Eric Lomax’s best-selling book.
1). Captain America: The Winter Soldier (DIS), 3,938 theaters / 3-day cume: $95M ($10.2M from previews) / Per screen average: $24,129 / Wk 1
2). Noah (PAR), 3,571 theaters (+4) / 3-day cume: $17M (-61%) / Per screen average: $4,773 / Total cume: $72.3M / Wk 2
3). Divergent (LGF), 3,631 theaters (-305) / 3-day cume: $12.9M (-49%) /Per screen average: $3,573 / Total cume: $114M / Wk 3
4). God’s Not Dead (FREE), 1,758 theaters (+580) / 3-day cume: $7.7M (-12%) / Per screen average: $4,416 / Total cume: $32.5M / Wk 3
5). Muppets Most Wanted (DIS), 3,052 theaters (-142) / 3-day cume: $6.1M (-46%) / Per screen average: $2,014 / Total Cume: $42M / Wk 3
6). The Grand Budapest Hotel (FSL), 1,263 theaters (+286) / 3-day cume: $6.1M (-28%) / Per screen average: $4,842 / Total cume: $33.19M / Wk 5
7). Mr. Peabody And Sherman (FOX), 2,931 theaters (-368) / 3-day cume: $5.1M (-43%) / Per screen average: $1,751 / Total cume: $102M / Wk 5
8). Sabotage (OPRD), 2,486 theaters / 3-day cume: $1.9M (-62%) / Per screen average: $2,486 / Total cume: $8.8M / Wk 2
9). Need for Speed (DIS), 1779 theaters (-926) /3-day cume: $1.8M (-57%) / Per screen average: $1,016 / Total cume: $40.8M / WK 4
10). Non-Stop (UNI), 2,515 theaters (-430) / 3-day cume: $1.7M (-55%) / Per screen average: $1,040 / Total cume: $88.1M / Wk 6
INTL BOX OFFICE UPDATE: ‘Captain America: The Winter Soldier’ Captures $75.2M; ‘Noah’ Swells To $51.5M Cume; ‘Rio 2′ Breaks Brazil Records; ‘Lego’ Passes $400M; More
Highlights: Captain America: The Winter Soldier (DIS) No. 1 with $75.2M in 32 markets; Noah (PAR) adds $33.6M for $51.5M overseas cume; Rio 2 (FOX) tops Brazil charts with $7.6M bow; The Lego Movie (WB) builds to $400.5M; 300: Rise Of An Empire (WB) crosses $200M; Frozen (DIS) becomes all-time global animated champ; Spanish Affairs (UNI) hot, hot, hot at home with +15% jump
5TH UPDATE, 2:10 PM PT: Updated grosses are in now for the following films: The Grand Budapest Hotel, Mr. Peabody & Sherman, Spanish Affairs, Rio 2, Monuments Men, The Lego Movie and 300: Rise of an Empire, among others.
4TH UPDATE, SUNDAY 5:38 PM PT: This weekend saw a big 47% rise across the Top 10 movies over last week’s frame, although it was still off 22% from last year. At the same time in 2013, G.I. Joe; Retaliation debuted with just over $80M in 54 markets; Captain America: The Winter Soldier‘s $75.2M take this weekend came from just 32 markets. The Croods and Jack The Giant Slayer were also big players overseas in 2013. Rounding out the Top 5 after Captain America 2, this weekend’s big draws were Noah, Mr Peabody & Sherman, Rio 2 and Need For Speed. Next week, Divergent adds the UK, Italy and Mexico, among others. It’s already playing in about 18 smaller markets outside the U.S., but numbers are being kept close to the vest by Lionsgate until the bigger bows. Other titles already on release in some parts are adding significant markets including Captain America 2, which goes to Russia, Australia and China, among others; Noah, which docks in about 24 territories including Germany, Brazil, the UK and Spain; and Rio 2, which hits the UK, Germany, Spain, Taiwan and elsewhere. Until then, this weekend’s box office is broken down in key territories below the original posts.
Specialty Box Office: ‘Raid 2′, ‘Finding Vivian Maier’ Start Solid, ‘Cesar Chavez’ Posts Middling Results
The Raid 2 and documentary Finding Vivian Maier found solid footing in their opens this weekend, while Cesar Chavez had a mixed start as holdover juggernaut The Grand Budapest Hotel continued to hold sway as March makes its exit. Sony Classics ventured into the action-thriller genre with The Raid 2 and scored a solid open. The feature by Gareth Evans, a follow-up to his 2012 pic The Raid: Redemption, grossed nearly $177K in just seven locations, by far taking the highest per-theater average of this weekend’s reporting newcomers with a solid $25,272. Raid: Redemption grossed nearly $214K when it opened in March 2012, averaging $15,270. It went on to cume over $4.1M domestically. “There’s a loyal following to the first film, but the word-of-mouth from all the screenings we’ve had have been great,” SPC co-president Michael Barker told me this week. “It was a triumph at Sundance and at SXSW. All these factors foreshadow a good run.” It will head into about 30 theaters in five or six cities this week before heading wide into 1,200 locations.
Well, now that Universal‘s Despicable Me 2 has proven itself 2013′s Most Valuable Blockbuster, the film’s impresario, Illumination Entertainment founder Chris Meledandri (below), deserves to take a victory lap. More seriously, the tournament was conducted to give a clearer idea, beyond the weekend and annual box office standings, of the profits and Total Cash on Cash returns that films generate. These are the factors that keep studios in business and keep co-financiers coming back for more. As a final cap, Deadline Hollywood provides readers with the revenue and costs charts of all 16 films that participated in the inaugural tournament. This data was always expected to be the most memorable part of this exercise.
As a refresher, here’s how our tournament played out, with links to each game:
It’s tipoff time for the championship matchup to determine Deadline’s Most Valuable Blockbuster of 2013. Stay tuned for our version of the postgame show, where we peel the curtain back on the data we commissioned from insiders to determine just how profitable a movie really is.
The Matchup: After surviving a bruising battle with #5 seed The Hunger Games: Catching Fire, #1 Iron Man 3 takes the court against #3 Despicable Me 2, a film that came through a pick ‘em matchup with #2 seed Frozen.
We are down to the nitty gritty on Deadline’s search for 2013’s Most Valuable Blockbuster. This is the second of our two showdowns today. Fueled by the numbers furnished by our insiders, we’ll find out just how profitable a movie really is.
TODAY’S OTHER FINAL FOUR MATCHUP
#1 ‘Iron Man 3′ Vs. #5 ‘The Hunger Games: Catching Fire’
The Matchup: The battle of the year’s biggest animation film hits pits the year’s second-highest global gross film Frozen against Universal and Chris Meledandri’s Illumination Entertainment’s hit Despicable Me 2, the year’s third-highest global grossing film. To get here, Frozen beat The Great Gatsby and Monsters University, while Despicable Me 2 beat Star Trek Into Darkness and Fast & Furious 6.
The Box Score: What the numbers say.
The Bottom Line: This is tougher than the other Final Four matchup — and that’s saying something.
With all the recent turmoil in Russia, there was bound to be some spillover to the entertainment industry. But are reports of a draft bill to set a 50% limit on the amount of Hollywood movies imported per annum worth getting upset over just yet? Executives I’ve spoken to in the past day don’t think so.
While Hollywood already faces a quota system in China, and while Russia seems to be acting at will these days, it would be premature to sound any alarm bells in Tinseltown, I’m told. The bill being readied at the State Duma on limiting Hollywood imports was written by Deputy Robert Schlegel of the United Russia party, which supports President Vladimir Putin. His view, according to the Izvestia daily, is that “We basically show American films that promote the stereotypes, national interests and values of the United States… Many of these are low quality. Russia can produce its own films, which will be interesting to viewers.”
A bill aiming to cap foreign films at 20% was unsuccessful last year, and it looks unlikely a move to limit them to 50% would go forward, although Russian Culture Minister Vladimir Medinsky has previously made noise about cracking down on Hollywood hegemony. Never say never, but one studio exec I spoke with feels it “doesn’t sound realistic.” Russian exhibitors, “would all be pissed off. They don’t have the movies” to fill the void that would be created. The same person added that if the aim were to blow back at the U.S. for its recent sanctions against certain officials over action in Ukraine, there are bigger fish to fry like the energy or automobile sector. “It would piss us off… It would hurt Hollywood, but doesn’t hurt America.”
2013 Most Valuable Blockbuster Final Four – #1 ‘Iron Man 3′ Vs. #5 ‘The Hunger Games: Catching Fire’
We are down to the nitty gritty on Deadline’s search for 2013’s Most Valuable Blockbuster. This is the first of two showdowns today. Fueled by the numbers furnished by our insiders, we’ll find out just how profitable these movies really are.
OTHER FINAL FOUR MATCHUP
#2 ‘Frozen’ Vs. #3 ‘Despicable Me 2′
The Matchup: This battle between Katniss Everdeen and Tony Stark puts the year’s highest domestic-grossing film, The Hunger Games: Catching Fire, against Iron Man 3, which turned in the highest offshore gross.
The Bottom Line: #1 seed Iron Man 3 got here by beating The Conjuring and Gravity, while #5 The Hunger Games 2 beat World War Z and turned in an upset by besting The Hobbit: The Desolation Of Smaug. According to our experts, Robert Downey Jr received first-dollar gross at around $10 million against 10%, putting his payday around $73 million. The film was the year’s top worldwide grosser with $1.2 million and clocked in as the fifth-highest-grossing film of all time, trailing only Avatar, Titanic, The Avengers and the Harry Potter finale. It had the ninth-biggest foreign opening weekend of all time, and the sixth-largest worldwide opening ever. It completely righted the stumble that was Iron Man 2. On the downside, Marvel owed this movie to Paramount as part of that original financing and distribution agreement, so Paramount, which did the marketing and distribution, took in a 9% fee that amounted to $89 million. The film had a net production cost of $200 million, and the global P&A spend was $130 million worldwide.
The Hunger Games: Catching Fire set records of its own. It crushed past records for a Thanksgiving holiday opener — both for weekend and the five-day holiday period. Its $71 million opening day was the seventh-best domestic opening single day total ever, and its $158 million opening weekend was the sixth-highest opening weekend in movie history. Because Lionsgate pre-sells foreign (much like New Line did for The Lord Of The Rings trilogy and Summit did with Twilight Saga), the mini-major doesn’t reap the full dividends of its international performance the way Disney did on Iron Man 3, and star Jennifer Lawrence was paid $10 million upfront against backend. Between her, Liam Hemsworth, Josh Hutcherson and director Francis Lawrence, our experts place the participations at $21 million. The film had a net production cost of $130 million, and Lionsgate spent $50 million for domestic P&A.
The Winner: This is a tough one.
The final eight films in Deadline’s Most Valuable Blockbuster movie tournament face off today. This is the third of our quarterfinal matchups and for the first time we reveal the numbers behind the numbers that show just how profitable a movie really is.
The Matchup: This amounts to an internal skirmish within Universal Pictures, between the studio’s most dependable franchise and its next one. Can Gru and a bunch of adorable minions in Despicable Me 2 outmuscle the muscle cars and cast of Fast & Furious 6 including Vin Diesel, Dwayne Johnson, Paul Walker, Jason Statham and Tyrese? Luckily for the Minions, this doesn’t involve bench-pressing. Game On.
The Bottom Line: Fast 6 got here by besting another animated film in the #11 seed The Croods. Despicable Me 2 cruised past #14 film Star Trek Into Darkness. While Despicable Me 2 showed significant improvement over its first film, Fast 6 has steadily built its gross, to the point where its sixth film was the highest grosser both domestically and overseas. But here is where the Minions deliver a beat-down.