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Box Office Weekly Roundup For 6/26/11

Posted By: Lawrence Napoli
Tue, 06/28/2011 - 22:42

Weekly Roundup Ending 6/26/11


pic Looks like Cars 2 had no problems racing out to the head of the pack this past weekend, but it remains to be seen if any film release can avoid losing its shirt in Vegas for the second week of its run.  I fully expect this to happen to Cars 2 because Transformers: Dark of the Moon is opening in theaters tomorrow night, despite my suspicions of that film’s redefinition of the concept of “the steaming turd.”  With all the hollow bravado I now associate with Michael Bay, the tremendous disappointment Revenge of the Fallen was, and the incredibly vague plot surrounding “the end of the world” in the third film, I sincerely felt that Transformers would be the goat of the summer of 2011.  That film hasn’t opened yet so no one really knows how good or bad it may or may not be, but it looks like Green Lantern may be cornering the market on this summer’s worst film, at least in regards to box office profit vs. budget.  That film suffered a 66% drop in ticket sales in its second week, and it looks like Hal Jordan is going to have to dig deep for a little extra willpower to at least try to break even with its $200 million dollar budget.  It appears to have been unwise to incur the wrath of the fan boy this summer.

Top 5 this past weekend:

  1. Cars 2 - $66.1 million
  2. Bad Teacher - $31.6 million
  3. Green Lantern - $18.1 million
  4. Super 8 - $12.1 million
  5. Mr.Popper’s Penguins - $10.1 million

Cars 2 and its utter dominance comes to no surprise, but the apparent rise of Justin Timberlake’s acting star is.  Sure, Timber-dog hasn’t been called upon to be the single driving force in any film yet, but he’s certainly been a part of a lot of fairly successful movies these days.  What did they say about actors wanting to be singers and singers wanting to be actors?  Over $31 million for a debut weekend starring Cameron Diaz still trying to pass herself off as hot is not too shabby.  We will soon see if Mr. Futuresex/Lovesounds can be a true headliner with his comedy opposite Mila Kunis: Friends with Benefits which opens July 22nd

Top 5 cumulative box office for 2011:

  1. The Hangover Part II  - $244.3 million
  2. Pirates of the Carribbean: On Stranger Tides- $229.9 million
  3. Fast Five - $207.8 million
  4. Thor - $177.3 million
  5. Kung Fu Panda 2- $153.6 million

The Hangover Part II continues to hold off Buena Vista and its Pirates franchise. If this film continues to be the leader when Harry Potter and the Deathly Hallows Part 2 opens, there is no question that Warner Bros. will be the big winners this summer.  Anyone with a casual acquaintance with movies could predict that the last Harry Potter film would make an insane amount of cash, but even seasoned critics could have missed on Hangover’s impact.  I know I did.  Sure Warner Bros. still has the shabby performance of Green Lantern to deal with, but even if that film doesn’t make back its budget, its other films’ success more than compensates.  If I had to make a preliminary guess for the big studio loser this summer, it would have to be 20th Century Fox because its biggest film X-Men: First Class is still about $30 million under budget for its cumulative ticket sales thus far.