Movie Money Refinanced: Episode III

2018 has been quite a year for movies, and quite a year for the box office. It seems every month has had massive releases that have somehow been able to share the wealth that comes from serving ravenous film audiences. Certainly films like ‘Solo’ suffer, but by and large, this year is a massive difference to 2017, which was a summer full of underperformance. Never forget, 2017 was so bad, it made Paramount decide to cancel the next ‘Transformers’ film. 

Ding dong, the witch is dead.

This weekend the #1 movie was of course ‘Jurassic World: Fallen Kingdom’. Not quite as big of an opening as its immediate predecessor, but considering that film’s biggest competition was the second weekend of Paul Feig’s ‘Spy’, it’s not exactly a fair comparison. The dino sequel made $148m at its opening but the real story is in the film’s foreign box office numbers, which have amassed a terrifying $567m. Fallen Kingdom had to battle it out with ‘Incredibles 2’, the #2 movie this week, which continues to be a force to be reckoned with at the box office, bringing in $80.3m this weekend. That puts its domestic total to $349.7m, and its worldwide total to $484.4m.

Intrestingly, these film’s are enjoying shares of the global box office audience inversely. Jurassic World 2 has made gargantuan amounts of money in the foreign box office, at a rate that makes its $148m opening seem downright modest. Meanwhile, Incredibles 2 is faring only so so overseas, but is doing gangbusters at home. Mid week reports range between $20m and $30m all week for Incredibles 2. 

A smiling face apparently beloved around the world

Two huge films, serving two equally huge audiences. For a match up that could’ve easily been predicted as being the downfall for one of these films, it’s fascination to see that they really were too big to fail.

The rest of the box office is exactly that. The rest.  Well that’s not true. There are some numbers of note in the lower rungs of the top 5. Number 3 is ‘Oceans 8’ which made over $100m domestically this week, and has brought in a worldwide total of $171.5m. It’s not as successful as the previous 3 films in the series, but it’s certainly garnered a respectable profit. Number 4 is ‘Tag’, scraping by once again in the top 5 for probably the last time. The star studded comedy brought in $8.2m this weekend, bringing its worldwide total to $33.6m. Finally at number 5, ‘Deadpool 2’ just will not die, and is at #5 for the second weekend in a row. The film brought in $5.2m this weekend, and its worldwide total is $707.2m. A third film is all but certainly on the way. 


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