Jul 05 2010

Box Office Revenues Up Thanks to Eclipse, the Last Airbender and Toy Story

Category: Box Office Revenue,Weekend Box Office — admin @ 11:34 am

It’s still very early in July but the box office is getting fatter by the moment thanks to vampires, an avatar, and old toys.

“The Twilight Saga: Eclipse” not surprisingly dominated the box office during its debut weekend for a 3-day run of $68.5 million. Though it did not beat “New Moon’s” record run, it is still more than respectable, especially since it is expected to stay on top for at least a few more weeks.

The number two spot was claimed by “The Last Airbender”, which despite a lot of criticism before it came out, still got a respectable showing of $40.7 million for the weekend. True to the cartoon series or not the special effects was still awesome!

The number three spot in the weekend box office was claimed by “Toy Story 3″, showing just how much people loves Woody and Buzz, earning $30.2 million on its 3rd weekend. The film sure has great drawing power having earned $109 million worth of tickets during their opening weekend, for a total 3-week run of $289 million.

Apr 26 2010

Another 3-D Film “How to Train Your Dragon” Boosts Box Office Revenues

Category: Box Office Revenue — admin @ 11:30 am

3-D films sure are dominating the box office this year with thirteen of the first 17 box-office weekends claimed by films like “Avatar”, “Alice in Wonderland”, and now, “How to Train Your Dragon”.

“How to Train Your Dragon” is proving pretty hard to slay after claiming the top spot in the box office even if it is already on its fifth week in movie theaters. The drop in earnings is also not really rapid considering that on the 5th week it just dropped by 23% compared to last week, for a total of $15 million on the last weekend, almost $3 million more than the second placer “”The Back-up Plan”. During its 5-week run the animated adventure film has already amassed an estimated $173 million in the North American Box Office alone.

The 3-D film’s successes are being attributed by many to higher ticket prices but still, they wouldn’t be raking in as much dough had it not been for repeat customers and continued interest.

Oct 31 2009

“This Is It” at the Top of Friday Box Office

Category: Box Office Revenue — admin @ 11:22 am

Dead or alive Michael Jackson sure can rake in real cash. The Friday North American box office top spot was bagged by “This Is It”, Sony’s documentary of the legend. “This Is It” earned a respectable $7.9 million on Friday alone.

Despite the good returns, the film might not hit the expected sales of $40 million within the first five and a half day of its domestic release. Currently it has only earned a total of $19.1 million, which makes it likely to just earn a little over $30 million by Sunday.

Other top box office top films for Friday included “Paranormal Activity”, which earned $6.1 million, and “Law Abiding Citizen” and “Couples Retreat” which tied with earnings at $2.4 million.

“Where the Wild Things Are” placed a respectable fifth with $1.9 million, significantly down from 2 weeks ago at $32.5 million for its opening weekend. Still it has made a pretty good run.

Jan 25 2009

Worldwide Box Office Happy with 2008 Sales

Category: Box Office Revenue,Worldwide Box Office — admin @ 11:08 am

Box offices worldwide saw growth in 2008.

In the UK, moviegoers spent £949.5 million last year, making for an increase of about 5% from 2007 figures. The UK box office revenues is a record high since 1989. The UK box office largely attributes the increase to three big hits: Mamma Mia!, Quantum of Solace, and The Dark Knight.

The North American box office can also breathe a sigh of relief especially after the initial sluggish box office sales, which lasted till the 3rd quarter of the year. Thanks to avid holiday moviegoers, instead of seeing a downturn in profits the box office actually saw an annual gain of 2% with estimated grosses of $9.78 billion.

The biggest gainer this year though is China’s box office which recorded a whopping 27% annual increase in ticket sales for 2008, with a total of 4.2 billion yuan ($622 million), up $130 million over 2007.

Sep 15 2008

Australian Box Office Enjoying a Very Profitable Year

Category: Box Office Revenue,Worldwide Box Office — admin @ 10:59 am

As the US box office continues to struggle this year, the Australian cinema box office looks like its going to enjoy another year of good revenue. In fact, with the way several key films have done and are currently raking in ticket sales it is likely that this year’s profit will be a record breaker, exceeding the $907.2 million mark set in 2004. Compared with last year’s earnings, this year’s box office takings are so far 2% higher than that of 2007.

Currently 20 films have already passed the $10 million mark within the year, which in Australia is equivalent to the US$100 million mark in Hollywood. This indicates that this year will indeed a year of blockbusters since the average number of films to hit the mark each year is 22. With several months more to go and a lineup that is sure to keep the Australian box office fat, it won’t be surprising to see more than 22 films hit the mark this year.

Jan 01 2008

2007 Box Office Revenue Up, Ticket Sales Stagnant

Category: Box Office Revenue — admin @ 10:41 am

According to LA Times, the box office revenue in North America has gone up even if the actual number of tickets sold remained stagnant.

In 2007, revenue went up by 4% to $9.7 billion but the number of tickets sold stayed at 1.4 billion tickets – the same as 2006 figures. Despite the lack in growth it is still a lot better than the low sales in 2005.

Studios were hoping for a better turn out last year considering the nice sales figure at the start of the year due to films like “300″ and “Wild Hogs”. The summer films also made a good showing but ticket sales began to taper of in the fall. Thankfully, films released in December also made a good showing with some, like “I Am Legend” continuing to dominate the box office even until this month.

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