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Box Office: ‘Mr. Peabody & Sherman’ No. 1 With $21.8M; ‘Need For Speed’ Crashes; Tyler Perry’s ‘Mom’s Club’ Only $8M, ‘Budapest Hotel’ Exceptional … Again

OPENING: Need For Speed (DIS) no gas for the DreamWorks pic at $18M to $19M+, then $18M and now at $17.8M; Tyler Perry’s The Single Moms Club (LGF) is one of the worst openings for him to date with about $9.1M to $9.4M, now at $8M; Veronica Mars (WB) strong per-screen to take more than $2M+ for the weekend and did $1.9M; The Grand Budapest Hotel (FSL) expanded to 66 screens with another stellar $55,122 per screen; Frozen (DIS) still in Top 10 after 17 weeks with $396.3M cume.


5th UPDATE, MONDAY 1:18 PM: Final numbers are in, and the No. 1 picture this weekend was the holdover Fox’s Mr. Peabody and Sherman. which, on a $145M negative (not counting marketing/distrib. costs) is now at $63.7M domestically and $149.3M worldwide. See overseas grosses from Deadline’s Nancy Tartaglione’s international box office report. The mystery is solved now, too, as to which film rounded out the Top Ten. It appears that Warner Bros’ Veronica Mars made $1.98M for the 3-day weekend, a step behind Sony’s The Monuments Men with $2M, so it didn’t crack it in its opening weekend. Nevertheless, Rob Thomas‘ film had a tidy per-screen average of $6,833, the highest of any Top 10 player with the exception of The Grand Budapest Hotel, which has done phenomenally well from Fox Searchlight in its limited release. mr-peabody-sherman05The Wes Anderson film has taken in almost $25M worldwide so far. It’s per-screen last weekend was a record-breaking $202,000 and now a remarkable $55,122. For more about this picture, expansion plans below and read Deadline’s Brian Brooks’ specialty box office story. 300: Rise Of An Empire (WB/Legendary) showed a lesser percentage dropthe-single-moms-club-movie-wallpaper-18 on Sunday and ended up with $19.2M this weekend to add to its international cume of $159.6M or $238M worldwide in its second week of release. The budget (not counting marketing and distribution costs) is about $110M. Need for Speed, the disappointing DreamWorks offering distributed by Disney, ended up with $17.8M; it didn’t open. Again, worldwide to date, it looks like it has so far made about $63.4M on a $66M negative. Tyler Perry’s Single Mom Club which had a slightly larger Sunday percentage decrease to take in only $8M, giving Wall Street the jitters. NOTEWORTHY: Disney’s Frozen, still in the top 10, will cross $400M domestically this week.

NEXT WEEKEND OPENERS: Divergent (LGF/Summit; wide) Could be a monster; Muppets Most Wanted (Dis; wide) Should do decent business for this family film (yes, very surprisingly, it crosses over to adults — well, at least this one); The Grand Budapest Hotel (FSL) and Bad Words (Focus) both expand.

Top 20 Chart follows: Read More »

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Lionsgate Shares Fall On Weak Tyler Perry Open And Early Criticism Of ‘Divergent’

The stock price closed -5.1% as worrisome developments from the weekend overwhelmed the announcement this morning of a 5 cent-a-share quarterly dividend. Lionsgate was teed up for a weak day after Tyler Perry’s Single Moms Club underperformed in its opening weekend. DivergentIt generated about $8M domestically, making it Perry’s first film to open with less than $10M. It also was far less than the Street anticipated. For example, MKM Partners’ Eric Handler forecast $15M while Wells Fargo’s Marci Ryvicker predicted $17.5M. Investors might have overlooked the disappointment if it hadn’t been accompanied by early raspberries from the Hollywood trades for Divergent, the action-adventure film that Lionsgate hopes to turn into a Twilight- or Hunger Games-sized franchise after it opens this weekend. Variety criticized the film’s “uncertain sense of setting, bloated plot, drab visual style and solid yet underwhelming lead turns from Shailene Woodley and Theo James,” Read More »

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Lionsgate Sets ‘Draft Day’ & ‘Cesar Chavez’ For Spring, Shifts Dates On 3 Other Pics

Kevin Costner Draft DayThe Kevin Costner football flick will open April 11, a month before the NFL Draft. Lionsgate said today that Draft Day — about the Cleveland Browns GM who tries to save pro football in the city by trading for the No. 1 draft pick — is moving to the date that had been slotted for the mini-major’s supernatural thriller The Quiet Ones, which is moving back two weeks to April 25. Summit and OddLot’s Draft Day, from director Ivan Reitman, will compete against Fox’s toon sequel Rio 2; Open Road’s Arnold Schwarzenegger actioner Sabotage; and The Weinstein Company’s comedy St. Vincent, starring Naomi Watts, Bill Murray and Melissa McCarthy. Lionsgate today also moved up Tyler Perry’s Single Moms Club from May 9 to March 14 and pushed its sex-addiction drama Addicted from that date back to September 5. Capping off the spate of announcements, the company set its biopic Cesar Chavez, starring Michael Pena as the labor organizer and civil rights activist, for moderate release on March 28.

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