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Variety: Fox expects POPNG to make $10 million this weekend - Yikes!!

Posted by: 1bloke (a.k.a Malachi) on Jun 16, 19:23

[Less optimistically, 20th Century Fox said it expects Jim Carrey family pic "Mr. Poppin's Penguins," bowing at 3,338 locations, to debut at around $10 million. Such a number would be a considerable disappointmenta for Fox, and down even from the studio's mid-teens projections made earlier this week. Other studios say the film could do better.] 

- so even Fox has lowered its projections for Mr Poppins Penguins... this is really bad for them.  I had to re read it.

http://www.variety.com/article/VR1118038698.html?cmpid=NLC|BoxOffice

 

'Green Lantern' looks to shine at box office

WB's superhero pic points to big weekend

With superpowers derived from a glowing green ring, Warner Bros. is hoping that "Green Lantern" will light up the box office as a hot new property from the DC universe.

The comicbook actioner, which launches today at 3,816 locations, including 2,711 3D runs, is likely to tally $55 million-$60 million, according to most B.O. observers. But Warners said high pre-weekend audience awareness could boost the total higher.

Less optimistically, 20th Century Fox said it expects Jim Carrey family pic "Mr. Poppin's Penguins," bowing at 3,338 locations, to debut at around $10 million. Such a number would be a considerable disappointmenta for Fox, and down even from the studio's mid-teens projections made earlier this week. Other studios say the film could do better.

Even if "Green Lantern" hits its mark, this weekend's overall box office tally will be no match for the same frame last year, when "Toy Story 3" debuted at a whopping $110 million.

Looking to maintain healthy vitals at the specialty B.O., Fox Searchlight launches Sundance teen comedy "The Art of Getting By" at 610 Stateside engagements. Also, Sony Pictures Classics expands "Midnight in Paris" -- the B.O.'s best indie performer lately with $14 million -- to a total 1,038 locations. That's the widest run ever for a Woody Allen pic ("Anything Else" played at 1,033 in 2003).

"Green Lantern" is Warner's second summer release following the record-setting Memorial Day perf of "The Hangover Part II."

Overseas, the studio chose to delay its rollout of "Green Lantern" to avoid tangling with earlier summer tentpoles like "Pirates of the Caribbean: On Stranger Tides." Latter pic just crossed the $700 million mark internationally, and both "Kung Fu Panda 2" and "Hangover II" are also collecting boffo coin overseas. "Green Lantern" will go day-and-date in just a few major markets, such as Russia, where 3D pics play strongly.

Despite tepid reviews for "Green Lantern," the target comicbook fan aud is showing high interest in the movie, which should dominate Stateside B.O. both in 2D and 3D. Pic, budgeted at a reported $200 million (including the cost of 3D conversion) marks the first 3D release since Disney's "On Stranger Tides" stalled at 3D wickets, earning the lowest 3D share of a nonfamily film since "Avatar," with just 37% of its opening from 3D, excluding Imax.

B.O. pundits are comparing pre-audience awareness for "Green Lantern" to that of another potential comicbook franchise starter, "Thor," which had 60% of its opening take from 3D. ("Green Lantern" doesn't have Imax screens, so a 3D share north of 50% is more likely.)

Pic's appeal to auds under 25 should help its chances in 3D, but also in 2D, which may put a damper on Paramount's hopes of broadening appeal for "Super 8" to moviegoers under 25. Last weekend, "Super 8" collected an overwhelming 71% of its opening $35.5 million gross from over-25 auds. "Super 8" has cumed $44.7 million.

Meanwhile, Fox's "Penguins," which reportedly cost around $55 million, will likely play best to families, helped by familiarity with the 1938 book by Richard and Florence Atwater. Tracking for family-skewing pics is notoriously tricky, and the film could exceed the studio's modest expectations. ("Penguins" screened well for exhibs, according to insiders.)

Fox, however, said general audience interest doesn't suggest a big opening; Carrey's biggest supporters aren't typically families.

Among the frame's top holdovers, Fox's "X-Men: First Class" enters its third weekend after a solid 55% soph-sesh hold. "First Class" has cumed $106 million domestically through Wednesday.

Contact Andrew Stewart at andrew.stewart@variety.com

[POPNG]


Tag(s): POPNG





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The Legend of Zelda (ZELDA) 149999 116.87 (-0.33)          Pokemon: Detective Pikachu 2 (PIKA2) 149999 35.78 (+0.13)          Dark Slides aka Polaris (POLRS) 149999 0.82 (-0.01)          Spa Weekend (SPAWK) 150000 10.00 (0.00)          The Man with the Bag (TMWTB) 85000 26.74 (+0.17)          Avengers: Doomsday (AVNG5) 35 448.31 (0.00)          Eden aka Origin Of Species (OSPEC) 149999 21.45 (-0.05)          The Man with the Bag (TMWTB) 70000 26.74 (+0.17)          Dune: Messiah aka Dune: Part Thr (DUNE3) 6500 170.67 (-1.29)          Nobody 2 (NOBO2) 149999 30.89 (+1.13)          Splitsville (SPTSV) 150000 4.16 (+0.19)          The Devil Wears Prada 2 aka Reve (PRAD2) 5500 87.69 (-0.25)          Splitsville (SPTSV) 1 4.16 (+0.19)          Wicked Part 2 (WCKD2) 149999 197.28 (+0.48)          Bowen Yang (BYANG) 25000 52.11 (+0.77)          Kraven the Hunter (KRAVN) 10000 78.89 (-0.12)          Sneaks (SNEKS) 10000 11.31 (-0.69)          Sneaks (SNEKS) 3000 11.31 (-0.69)          Spa Weekend (SPAWK) 150000 10.00 (0.00)          Sneaks (SNEKS) 10000 11.31 (-0.69)          Kraven the Hunter (KRAVN) 1 78.89 (-0.12)          Wuthering Heights (WUTHR) 1000 37.07 (-0.56)          Ariana Grande (AGRAN) 25000 87.75 (+0.01)          Wuthering Heights (WUTHR) 2600 37.07 (-0.56)          Wicked (WICKD) 149999 289.07 (+1.08)          Black Phone 2 (BPHO2) 10000 57.25 (-0.15)          Wonder Woman 3 (WOND3) 3400 19.55 (-0.02)          Gladiator II (GLAD2) 149999 175.50 (-1.05)          Black Phone 2 (BPHO2) 1 57.25 (-0.15)          Famous (FAMOS) 2000 20.74 (-1.19)          Spa Weekend (SPAWK) 150000 10.00 (0.00)          Wicked (WICKD) 135000 289.07 (+1.08)          Gladiator II - Opening Weekend (GLAD2.OW) 2000 70.01 (+0.30)          Splitsville (SPTSV) 1 4.16 (+0.19)          Gladiator II - Opening Weekend (GLAD2.OW) 2000 70.01 (+0.30)          The Best Christmas Pageant Ever (TBCPE) 10000 27.51 (-0.34)          The Chronicles of Narnia (NARN4) 2000 3.32 (-0.83)          The Chronicles of Narnia (NARN4) 4000 3.32 (-0.83)          The Man with the Bag (TMWTB) 1 26.74 (+0.17)          The Chronicles of Narnia (NARN4) 2000 3.32 (-0.83)          The Chronicles of Narnia (NARN4) 3000 3.32 (-0.83)          Spa Weekend (SPAWK) 150000 10.00 (0.00)          Valiant One (VLNT1) 150000 6.24 (+0.01)          Werewolves - Opening Weekend (WEREW.OW) 100000 5.28 (+0.28)          Heretic (HERTC) 1200 26.07 (-1.16)          Valiant One (VLNT1) 50000 6.24 (+0.01)          Mother Mary (MMARY) 150000 6.21 (+1.44)          Warfare (WARFR) 150000 23.06 (+0.06)          Five Nights at Freddy's 2 (5NAF2) 100000 106.91 (+0.11)          The Wedding Banquet (TWEDB) 150000 8.71 (+1.25)