2013 Most Valuable Blockbuster – #6 ‘Fast & Furious 6′ Vs. #3 ‘Despicable Me 2′

By | Tuesday March 25, 2014 @ 1:00pm PDT
Mike Fleming

Fast & Furious 6 Despicable Me 2 ProfitThe 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.

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Fast6-Despicable-meThe 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 Box Score: Here is how the two films project in revenue and costs.

Vin Diesel

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. Read More »

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2013 Most Valuable Blockbuster – #6 ‘Fast & Furious 6′ Vs. #11 ‘The Croods’; #3 ‘Despicable Me 2′ Vs. #14 Star Trek Into Darkness’

Mike Fleming

The third of four posts today in Fast & Furious 6 Despicable Me 2 ProfitDeadline’s Most Valuable Blockbuster tournament. The subsequent rounds will play out next week.

Other Matchups:
#1 ‘Iron Man 3′ Vs. #16 ‘The Conjuring’
#2 ‘Frozen’ Vs. #15 ‘The Great Gatsby’
#4 ‘Hobbit: Desolation Of Smaug’ Vs. #13 ‘Oz The Great And Powerful’
#5 ‘The Hunger Games: Catching Fire’ Vs. #12 ‘World War Z’
#7 ‘Monsters University’ Vs. #10 ‘Thor: The Dark World’
#8 ‘Gravity’ Vs. #9 ‘Man Of Steel’

 

DeadlineBracket_1stRound

SWEET 16

#6 FAST & FURIOUS 6 Vs. #11 THE CROODS

Fast-CroodsHow They Got Here: Fast & Furious 6 is the last one directed by Justin Lin, who took this off franchise life support. His finale was the ninth-highest domestic grosser of the year and eighth-biggest worldwide grosser with a $789M global tally. It continued the momentum of Universal’s most valuable live-action franchise, and of course all this happened before the tragic death of stalwart Paul Walker, which has dramatically A scene from The Croodsimpacted the next film that will resume production at month’s end. Up against it is #11 grosser The Croods, another powerhouse animated film from DreamWorks Animation that got an Oscar nom for Best Animated Picture.

The Bottom Line: Both films are burdened by high production costs, with Fast & Furious carrying more in talent participations, and The Croods paying an 8% distribution fee to Fox. Our experts peg the Fast & Furious budget at $260 million, a huge number that is much higher than what the studio admitted to. The Croods tab was $175 million in production FastFurious6costs.

The Winner: Per our experts, this one turns out to be a close call. Our experts say that Fast & Furious 6 made $135.1 million profit for Universal, while The Croods turned in $106.5 million in profit to DreamWorks Animation. Given the durability of the race car franchise, I’m going to give this round to Fast & Furious 6.
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UPDATE: Paul Walker’s Charity To Receive Some Proceeds From ‘Hours’ Box Office And Soundtrack, ‘Fast & Furious 6′ Home Video Release

By | Thursday December 12, 2013 @ 6:15pm PST

paul-walker-photo__131201214231-275x342__1312022057352nd UPDATE 6:10 PM: Pantelion Films, the joint venture between Lionsgate and Grupo Televisa, said today that it will donate a portion of its box office take for Paul Walker-starring drama Hours to the late star’s charity, Reach Out Worldwide. The company, which will bow the movie Friday in 16 theaters and on VOD, did not specify what percentage of the gross it will donate nor exactly when that would happen. Walker died November 30 in a car crash near Los Angeles.

Related: Paul Walker’s ‘Fast & Furious’ Family Mourns His Death

UPDATED 1:55 PM Friday: Benjamin Wallfisch, who composed the music for the upcoming Paul Walker drama Hours, said today that he and Varèse Sarabande Records will donate a portion of the soundtrack’s sales and royalties to the late actor’s nonprofit, Reach Out WorldWide. The film, which stars Walker as a father struggling to keep his daughter alive in the wake of Hurricane Katrina, opens Friday.

Related: Photos: Paul Walker, 1973-2013

PREVIOUSLY: The studio hasn’t made any decisions about the future of Fast & Furious 7 yet in the wake of the death of Paul Walker on November 30. But Universal said today that it will donate some of the proceeds from the upcoming Fast & Furious 6 DVD, Blu-ray and digital release to Walker’s charity Reach Out WorldWide. Here’s the release:
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Photos: Paul Walker, 1973-2013

By | Saturday November 30, 2013 @ 10:11pm PST

paul walker deadFast & Furious star Paul Walker died Saturday in a Southern California car crash at the age of 40. He had recently been filming Universal’s Fast & Furious 7 sequel. Read more here. Click on photos after the jump to launch a slideshow.

Related: ‘Fast & Furious’ Star Paul Walker Killed In Car Crash

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Universal Has Best Year At Domestic Box Office With $1.352B And Counting

By | Monday November 18, 2013 @ 3:33pm PST

UNIVERSAL CITY, CA, November 18, 2013—Universal Pictures today announced that the studio has set a new record for its highest-grossing year ever at the North American box office with a total of $1.352 billion through Sunday. The previous record was set in 2012 with total grosses having reached $1.335 billion. The studio bested its previous international box office record ($1.794 billion/2012) in mid-August and the previous worldwide record ($3.129 billion/2012) in September. Universal’s total worldwide grosses to date are $3.49 billion.

Propelling Universal’s success at the North American box office this year were eight films that claimed the number one spot including: Mama ($71.6 million), Identity Thief ($134.5 million), Oblivion ($89.1 million), Fast & Furious 6 ($238.7 million), Despicable Me 2 ($365.9 million), The Purge ($64.5 million), 2 Guns ($75.6 million) and Riddick ($42 million). Identity Thief, Fast & Furious 6 and Despicable Me 2 each claimed the No. 1 spot at the weekend box office twice. Fast & Furious 6 was Universal’s top North American opening of 2013 ($117 million) and the second-highest domestic opening of the year (behind Iron Man 3). Illumination Entertainment’s Despicable Me 2 had the highest opening for an animated film in 2013 domestically ($83.5 million). In addition, Universal’s first micro-budget film under the studio’s production deal with Jason Blum’s Blumhouse Productions, The Purge, grossed more than ten times its $3 million production budget in its North American opening weekend and has gone on to gross $89.9 million worldwide.

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Universal Posts $1.8B Best Year Ever At International Box Office

By | Tuesday August 13, 2013 @ 3:10pm PDT

Universal Pictures International has enjoyed a record-breaking 2013, notching $1.8 billion internationally, which breaks the studio’s previous record of $1.794 billion from 2012. That makes this the biggest year in UPI’s history with 14 … Read More »

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‘Fast 6′ Scores Universal’s Biggest In China

EXCLUSIVE: I’ve just learned that Fast & Furious 6 opened #1 in China on Friday and is on track for a $24 million first weekend which would be that country’s 2nd highest three-day 2013 debut behind Read More »

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‘Fast 6′ Races To $500M At Global Box Office

By | Thursday June 6, 2013 @ 11:22am PDT

Universal Pictures today announced that Fast & Furious 6 has become the fastest film to climb to $500 million at the worldwide box office in the studio’s history. To date, the street racing actioner turned heist movie turned terrorist plot … Read More »

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Will Smith’s ‘After Earth’ Fizzles Behind #2 ‘Now You See Me’, ‘Fast 6′ Still Sizzles At #1, ‘Epic’ And ‘Hangover III’ Guzzle Overseas

SUNDAY 1:30 AM, 4TH UPDATE: Still clocking in at #1 is Universal’s Fast & Furious 6 (3,686 theaters) which easily dominated the field again with $34M this weekend. The domestic cume should reach a huge $170M through Sunday. But the big story – or should I say,  the sad story – is Sony Pictures/Columbia’s After Earth (3,401 theaters) starring Will Smith and his son and directed by the now unwatchable M Night Shyamalan. Big online ticketseller Fandango first spotted the pic’s underperformance when After Earth ticket sales began lagging Lionsgate/Summit Entertainment’s Now You See Me (2,925 theaters) on Thursday for shows beginning at 9 PM. The magic-themed heist thriller amazingly overtook After Earth on Friday and stayed #2 all weekend, debuting with $27.5M for the weekend. That overperforms the $20M which the studio was predicting. This pic is breaking the so-called ‘movies about magic’ curse. (But it’s really a caper flick…) The film cost right around $75M with 2/3s mitigated by foreign sales since that’s the Lionsgate model. The studio notes that grosses were strong throughout Friday and into the evening which indicates a broad audience. “Older audiences attended the matinee performances, and the younger audience came out to our late shows,” an exec tells me. Directed by Louis Leterrier (Clash Of The Titans), scripted by credited screenwriters Ed Solomon and Boaz Yakin & Edward Ricourt, and produced by Alex Kurtzman, Roberto Orci, and Bobby Cohen, it has an ensemble cast including Jesse Eisenberg, Mark Ruffalo, Woody Harrelson, Isla Fisher, Dave Franco, and Common with showy roles for vets Michael Caine and Morgan Freeman. It earned an ’A-’ CinemaScore which should help word of mouth stay strong.

But #3 After Earth earned only a ‘B’ CinemaScore which won’t help or hurt word of mouth. It opened to a $26.5M weekend. That’s way less than the high $30sM to low $40sM which Sony was predicting and which tracking showed was possible right into Friday. On Friday, rival studios chortled its grosses were ”2.5 times worse than Jaden Smith’s Karate Kid reboot and half of Oblivion‘s opening” with Tom Cruise. Not hard to understand because reviews for the sci-fi newcomer were just plain awful: 13% positive on Rotten Tomatoes. To be fair, Sony Pictures rarely has a big underperformer like this. And rightly or wrongly depending on how much you care about Jaden Smith and/or nepotism in Hollywood, the studio positioned the movie as a broad family film, building on Jaden’s stardom from the worldwide hit The Karate Kid and reaching out to young teens and families. Will Smith’s residual mega-wattage was still strong enough to open the summer tentpole comfortably above $20M. But even that and Sony’s marketing prowess couldn’t overcome this Shyamalan meltdown, yet another in his string of box office stinkers which have made audiences and critics alike completely soured on him. (The director lost me forever after the execrable The Happening…) I’m told that Will really wanted M Night to direct – even though this subject matter decidedly wasn’t in Shyamalan’s wheelhouse - and they together developed the script for a “not terribly expensive” movie. But a budget of at least $130M is hardly insignificant. Still, given the fact that Smith has made billions for Sony Pictures, the studio felt it just couldn’t say no to its most successful movie partner. Now Smith and Sony must weather this very public failure. I’m told the studio worked “really hard” to fix this crapfest in post-production and that even an arrogant know-it-all like Shyamalan was aware the pic didn’t work but couldn’t fix it on his own. ”You keep hoping people are going to be as good as their best work,” one insider told me about this all-too-familiar filmdom situation. “Sometimes some collaborations bring forth amazing results. And some are not meant to be.” Without a solid opening in North America and no chance for a strong summer multiple, pic will have to depend on overseas grosses. Sony launched it internationally day and date in 3 locations this weekend, and Korea opened very strong, but the overseas rollout really begins next week and the week after. As for the studio, it still has projected winners coming up this summer like Grown-Ups 2Elysium, Smurfs 2, and This Is The End from the Superbad/Pineapple Express comedy team.

Hoping to fill that drought in PG family fare at the domestic box office, Twentieth Century Fox/Blue Sky Studios’ Epic (3,894 theaters, the weekend’s biggest count) came in #4 and should be grossing more domestically but isn’t. Even with a big Saturday kiddie bump of +65% from Friday, it’ll only earn a $16M second weekend and $64.7 cume. But the toon’s real story will be international where it released wide Friday.

In #5, Paramount’s Star Trek Into Darkness (3,585 theaters) did a $15.2M weekend and $181M domestic cume. Now a new crop of TV ads finally are targeting new moviegoers and driving traffic among non-Trekkies.

Warner Bros/Legendary Pictures’ The Hangover Part III  (3,565 theaters) was #6 for a disappointingly anemic $15M second weekend and so-so $87.1M cume. Still unclear if in the morning it will finish a place or two ahead or behind in the Top Ten. However, H3 began its overseas wide rollout this weekend and is doing huge international grosses just as expected. On Thursday, it opened in 25 markets and grossed $15.4M for an international cume of $48.2M. Taking advantage of the public holiday, Germany marked the best opening day of the year. Russia is off to an excellent start ranking #1. Other #1 countries include Italy and Brazil (heading into a 4-day holiday weekend). ”These are great numbers, especially when you consider how big Hangover II was internationally – $332M,” a Warner Bros exec tells me.

On Saturday night the only laugher in the marketplace The Hangover Part III had competition from the Vince Vaughn-Owen Wilson buddy comedy directed by Shawn Levy, The Internship, about middle-aged interns inside Google. PG-13 pic doesn’t officially open in 3,000-plus North American theaters until June 7th but Twentieth Century Fox quietly decided to sneak it in 300 theaters for one prime 7 PM show around the country. Hard to believe it’s been 8 years since these actors first teamed up for Wedding Crashers. Even harder to understand why New Line never did a sequel for that or Toby Emmerich didn’t snap up Vaughn’s original script for this. I’ve asked and received no satisfactory answer on both.

1. Fast & Furious 6 (Universal) Week 2 [Runs 3,686] PG13
Friday $10.5M, Saturday $13.6m, Weekend $34.0M (-65%), Cume $169.8M

2. Now You See Me (Summit/Lionsgate) NEW [Runs 2,925] PG13
Friday $10.0M, Saturday $10.9M, Weekend $27.5M

3. After Earth (Columbia/Sony) NEW [Runs 3,401] PG13
Friday $9.8M, Saturday $10.1M, Weekend $26.5M

4. Epic (Blue Sky/Fox) Week 2 [Runs 3,894] PG13
Friday $4.1M, Saturday $6.8M, Weekend $16.0M, Cume $64.7M

5. Star Trek Into Darkness (Paramount) Week 3 [Runs 3,585] PG13
Friday $4.4M, Saturday $6.5M, Weekend $15.2M, Cume $181.0M

6. The Hangover Part III (Legendary/Warner Bros) Week 2 [Runs 3,565] R
Friday $5.2M, Saturday $6.0M, Weekend $15.0M (-64%), Cume $87.1M
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Universal Crosses $1B Overseas Box Office In Record Time For Studio

By | Friday May 31, 2013 @ 12:27pm PDT

UNIVERSAL CITY, CA, May 31, 2013—Universal Pictures International (UPI) today announced that the studio has reached $1 billion at the international box office. This is the earliest the studio has reached that milestone in history, besting a previous record set on July 17, 2012 through the performance of such global hits as Dr. Seuss’ The Lorax, American Reunion, Snow White and the Huntsman and Ted. 2013 marks the seventh year in a row that Universal has reached $1 billion internationally. In 2012, the studio enjoyed its highest grossing year at the international box office with $1.794 billion in total grosses.

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It’s Official: ‘Fast & Furious 6′ Universal’s Biggest Opener Ever

By | Tuesday May 28, 2013 @ 12:13pm PDT

Fast & Furious 6‘s worldwide total is now $314.3M, Universal reported today, making it the studio’s biggest opening weekend for a film ever in the U.S. ($117.1), internationally ($197.3M) and globally. It led the way … Read More »

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$317M Record-Breaking Memorial Weekend! #1 ‘Fast & Furious 6′ $317M Global For Franchise Biggest; ‘Hangover III’ $82.2M; ‘Epic’ $86.6M

Box Office Hangover Part IIIMONDAY 8:40 AM, 11TH UPDATE (WRITETHRU COMING): Huge grosses continue for the Top 6 movies and still add up to the biggest Memorial Day weekend and the biggest 4-day holiday ever. That’s $317M total moviegoing, easily beating 2011′s all-time Memorial Weekend record of $276.7M. Universal’s  Fast & Furious 6 opened to an incredible ride around the globe where it is the #1 film by far. THe worldwide cume is $317M. The four-day global cume is $300 million from all 60 territories and set new records for the franchise and the studio. It’s also Universal’s highest domestic and international opening weekend of all time even without 3D or domestic IMAX. (Its overseas-only IMAX launch generated $2+M on 59 screens.) Fast 6 took in $120 million for the four-day Memorial Weekend in North America as the 2nd biggest domestic and international opening of 2013 (behind Disney’s Iron Man 3) and the 4th highest opening for Memorial Weekend in North America. Even with no superheroes, the actioner’s racially and ethnically diverse cast attracted a broad demographic, with 32% Latinos and 49% women and 43% under age 25/57% age 25 plus. Fuller wrap-up later today. For now, here are the latest domestic box office numbers with international cumes and worldwide totals as of Monday:

1. Fast & Furious 6 (Universal) NEW [Runs 3,658] PG13
Friday $38.7M, Saturday $31.5M, Sunday $26.6M
3-Day Weekend $96.8M, 4-Day Holiday $120.0M
Domestic Cume $120.0M, International Total $197.0M, Worldwide Cume $317.0M

2. The Hangover III (Legendary/Warner Bros) NEW [Runs 3,555] R
Friday $14.5M, Saturday $14.6M, Sunday $12.5M
3-Day Weekend $41.7M, 4-Day Holiday $51.2M
Domestic Cume $63.0M, International Total $19.2M, Global Cume $82.2M

3. Star Trek Into Darkness 3D (Skyd/Paramount) Week 2 [Runs 3,907] PG13
Friday $10.0M, Saturday $14.4M, Sunday $12.8M
3-Day Weekend $37.2M, 4-Day Holiday $47.0M
Domestic Cume $155.8M, International Total $102.1M, Global Cume $257.9M

4. Epic 3D (Blue Sky Studios/Fox) NEW [Runs 3,882] PG
Friday $9.3M, Saturday $13.3M, Sunday $10.7M
3-Day Weekend $33.5M, 4-Day Holiday $42.6M
Domestic Cume $42.6M, International Total $44.0M, Global Cume $86.6M

5. Iron Man 3 3D (Marvel/Disney) Week 3 [Runs 3,424] PG13
Friday $5.1M, Saturday $7.4M, Sunday $6.6M
3-Day Weekend $19.2M, 4-Day Holiday $24.3M
Domestic Cume $372.4M, International Total $774.8M, Global Cume $1.14B

6. The Great Gatsby 3D (Vill Road/Warner Bros) Week 3 [Runs 3,090] PG13
Friday $3.9M, Saturday $5.1M, Sunday $4.5M
3-Day Weekend $13.5M, 4-Day Holiday $17.0M
Domestic Cume $117.7M, International Total $85.6M, Global Cume $203.3M

SATURDAY 11:30 AM, 8TH UPDATE: Universal’s Fast & Furious 6 opened day and date with the U.S. and Canada in 59 international territories and is breaking records.  Read More »

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A Tale Of Two Movie Tie-In Games: ‘Star Trek’ Flops, ‘Fast & Furious 6′ Tops

The mobile gaming tie-in to Universal’s Fast & Furious 6 launched on the iTunes App Store last week and is #1 among free apps in 45 countries. Created with SF-based studio Kabam, it’s also the #1 overall game in 69 countries, the top racing game in 112 countries, and the #1 action game in 85 countries. Its iPad app version runs comparable if even wider in saturation as the top free app in 81 countries. By contrast, Paramount‘s Star Trek: The Game — tied to the release of Star Trek Into Darkness — stayed in-house and it’s doing lousy since it came out last month. According to VG Chartz, unit sales in its first three weeks are only 140K to date across PC, Xbox 360, and PS3 consoles. It’s also considered a failure because it’s very buggy despite years of development. Critics and users alike gave it poor reviews. So what happened?
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‘Fast & Furious 6′ Breaks Records In UK-Ireland Before Begins Global Rollout May 24

By | Sunday May 19, 2013 @ 10:32am PDT

SUNDAY UPDATESummer 2013 just keeps sizzling here and abroad. The sixth installment of the Universal Pictures franchise is looking to successfully transition from street racing to heist action to terrorist plot and kicked off this weekend … Read More »

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‘The Crow’ Flies With Luke Evans

Mike Fleming

EXCLUSIVE: The Crow will fly with Welsh actor Luke Evans playing the title role in the F. Javier Gutierrez-directed franchise reboot for Relativity Media. Evans was the original choice, but he has been incredibly … Read More »

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Hot Trailer: ‘Fast & Furious 6′

By | Sunday April 28, 2013 @ 6:18pm PDT

Universal just released a new final trailer for Fast & Furious 6 which began preselling tickets online today. The franchise sixquel opens May 24. Check it out:

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Theater Owners Forecast Summer 2013 Hits And Bombs: CinemaCon

By | Tuesday April 16, 2013 @ 9:55pm PDT

Theater owners and operators I’ve polled at CinemaCon are most uncertain about Tom Cruise‘s Oblivion opening Friday. They’ve seen the early strong overseas grosses. But stateside exhibitors lament that their audiences don’t widely … Read More »

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CinemaCon: Universal’s Sequel Machine Pays Off With Exhibitors

Pete Hammond

It was Universal Pictures’ turn in the spotlight this morning as Chairman Adam Fogelson served up a look at the studio’s sequel-packed summer slate and a summary of the studio’s 2012 hits and even big miss Battleship. He announced sequels in … Read More »

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Hot Trailer: ‘Fast & Furious 6

By | Thursday February 14, 2013 @ 3:56pm PST

Here’s Universal‘s new theatrical trailer for Justin Lin‘s latest high-speed hijinks with Vin Diesel, Paul Walker, Dwayne Johnson, Michelle Rodriguez, Tyrese, and Ludacris. Fast & Furious 6 opens May 24:

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