SATURDAY AM: Refresh for more analysis and graph Avatar: The Way of the Water looks fantastic in its third weekend after Friday beat its own evening estimates with $24.4M, +27% compared to a week ago. This puts James Cameron’s film on the run for a $67.8M 3-day weekend, +7% compared to last weekend’s Christmas period, and a 4-day potential between $87M and $92M according to industry estimates. At the top of this range, Avatar 2 could see a -4% drop from its Dec. 23-26 take of $95.6 million. Within this range, by Monday, Avatar 2 will exceed the cumulative total of 18 days of its composition, Rogue One: A Star Wars Story, which had $440.9M at that time with a total between $450M to $446M. At this level, Avatar 2 will easily beat the running total of Black Panther: Wakanda Forever which is expected to be around $440 million by Monday. A conservative estimate has Avatar 2third sesh at $77 million over 4 days, which would bring it to $435.1 millionand see it 1% late A thug by EOD on Monday.
The film rings in to a healthy new year for the exhibition, leading a total domestic market of $104.2 million from Friday to Sunday, up 5% from New Years weekend 2022 when Spider-Man: No Coming Home led all titles to $98.9 million.
In collaboration with a Black Panther: Wakanda ForeverOn $1.8M Eighth Friday, Disney, with all the money from its Searchlight title and 20th Century Studios, is $1.96B at the 2022 domestic box office. You can read more on our box office look back at the year here.
Even though we could see a 2023 box office year of $9 billion, +22%, and despite the success of Avatar 2 Here, Wall Street has been tough on No. 1 movie theater chain AMC, with the chain ending 2022 with a stock price of $4.07, down from its annual high of $34.30. This comes on the heels of AMC planning a reverse stock split, selling $110 million of its premium APE capital. Clearly, the street is pricing the exhibitor from the perspective of its debt and earnings, not the future rebound of the industry. They should know that AMC led the 2022 national market as the No. 1 circuit with more than $1.7 billion (23% market share) according to industry calculations, ahead of No. 2. Regal which made $1.2 billion (16.4% market share). AMC Burbank will be the top-grossing theater with approximately $18 million at the box office for the year, followed by AMC Empire as the No. 2 theater in the United States with $14.5 million.
Los Angeles was the number one market for the cinema in 2022, with revenue of $571 million (8% total market share), New York ranked second with $446 million in ticket sales ( 6.3% total market share). Dallas was a standout market for the year (and throughout the pandemic) ranking 3rd for the year with $226 million at the box office (3.2% total market share).
Universal/Dreamworks Animations Puss in Boots: The Last Wish remains the second-largest holiday box office champ with a $6.46 million Friday, +70% for a week, $15.95 million 3 days, +28%, a 4 days $21.1M and a running total of $65.5M.
FRIDAY UPDATE: Avatar The Way of the Waterthe 3rd Friday of $22M+which is up 15% from its second Friday of $19.2 million a week ago and will put the sequel’s 15-day total at around $380 million. Today’s rough is also bigger than A thugon the third Friday of $18.2 million. It seems to be preparing for a third 3-day weekend of $57 million-10%, and 4 days of 75 million dollars, maybe even a little more in 4,202 theaters. Per EOD Monday, Jan. 2, 20th Century Studios/Disney/Lightstorm Movie Hopes to Hold On to $433.1 million in the USA.
Universal/DreamWorks Animations Puss in Boots: The Last Wish eyes second Friday of $5.3M, +39% from a week ago, for 3 days of $13.3M (+7%), 4 days of $17.7M in 4,121 cinemas and a cumulative total over 13 days of $62.1M-33% late Sing 2 relative to the same point in time.
Disney/Marvel’s Black Panther: Wakanda Forever in his 8th friday sees around $1.6M3 days of $4.7M (+33%), 4 days of $6.4M and cumulative total in his 8th weekend of $439.3M. The sequel is in play in 2,310 rooms.
Sony/Compelling Images/Black Label Media I want to dance with someone sees a second Friday of $1.3M, -35%, and a second weekend of $3.7M-22% and 4 days of $4.9M for a total of 11 days of $15.4M. The Whitney Houston biopic is booked in 3,625 theaters.
Paramount/C2 Babylon in 3,351 theaters sees $850,000 today, $2.9M for its second weekend, -19%, and 4 days of $3.3M increasing its total by 11 days $10.7M. Film Will Soon Surpass Guillermo del Toro’s National Lifetime Total alley of nightmares, a dark, R-rated adult title from last Christmas that peaked at $11.3 million. alley of nightmares was nominated for four Oscars including Best Picture.
PREVIOUS FRIDAY: It was another $20 million day for James Cameron Avatar: the way of water, so big it was the biggest regular box office Thursday of the year after the sequel took $14.6 million on Dec. 22 and Top Gun: MaverickIt’s June 2 raw. The film’s cumulative total is $358 million in the US, with a 3-day run expected to be around $50 million and will cross the $400 million threshold on New Year’s Day per box sources. -office. New Year’s Saturday shouldn’t be as depressed as Christmas Eve a week ago.
To date, the Disney/20th Century Studios/Lightstorm movie has the following daily highs in 2022: highest-grossing 1st and 2nd Thursday, 2nd and 3rd highest Monday of the year, 1st and 2nd highest Tuesday and the 1st and 3rd highest Wednesdays.
Thursday’s worldwide total was $67.9 million. The total overseas BO accumulation is $810.6 million – surpassing Top Gun: Maverick$770 million to become the No. 1 international release of 2022 and the No. 2 overseas MPA title in the pandemic era. Ongoing world total for Avatar 2 is $1.168 billion.
We hear that Comscore is down this morning, preventing others from reporting numbers. Disney had no problem, clearly.
We will have more updates for you as time goes by.