Welcome back to Box Office Breakdown, the weekly segment where I analyze the top ten highest grossing films of the past weekend. As theatres continue to reopen and prepare for an onslaught of new theatrical releases, we will be analyzing the state of the box office, as well as VOD and streaming.
With the bombshell that HBO and Warner Bros. dropped recently, many movie-goers are concerned about the future of movie theatres. Will streaming completely take over and will theatres multiplex’s become obsolete? Will the Box Office be able to maintain its relevancy. These are questions that are impossible to answer at this point. How this announcement affects the state of the Box Office, especially once we’re out of lockdown and major films get wide distribution, will be crucial in determining the future of movie theatres. Unfortunately, theatres remain closed in highly populated areas throughout Canada and the U.S., as the pandemic rages on and the lockdown continues and that is definitely reflected in this week’s Box Office results.
This past weekend was incredibly uneventful in terms of the Box Office, as no new major releases hit theatres and the charts did not shift around too much from last weekend. Unsurprisingly, The Croods: A New Age remains at the #1 spot, as it continues to be the only film that is able to make a profit over 1 Million. Contrary to what I said last week, Half Brothers remains at the #2 spot and did not see a major decrease in profit from last weekend. It seems to be one of the more marketable films in theatres at the moment and could potentially stick around for a while.
In terms of streaming, Netflix released Ryan Murphy’s big budget, star-studded adaptation of the popular Broadway musical The Prom. Despite receiving a ton of backlash from audiences in particular, the film seems to have sparked enough conversation that it has become very profitable. It has been floating around Netflix’s top 10 trending chart since its release and will likely remain there for the next few weeks.
Here are the top 10 highest grossing films domestically from the past weekend:
10) Come Play (Week 7: $176K)
9) Wonder Woman: 2020 Re-release (Week 1: $189K)
8) All My Life (Week 2: $210K)
7) National Lampoon’s Christmas Vacation: 2020 Re-release (Week 3: $239K)
6) The Polar Express: 2020 Re-release (Week 2: $245K)
5) The War with Grandpa (Week 10: $265K)
4) Freaky (Week 5: $315K)
3) Elf: 2020 Re-release (Week 5: $400K)
2) Half Brothers (Week 2: $495K)
1) The Croods: A New Age (Week 3: $3.1M)
In the coming weeks, we will continue to analyze the state of VOD releases and will provide updates regarding upcoming films.
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