‘The Conjuring’ Terrifies Tentpoles With Estimated $32 Million Weekend

'The Conjuring' Terrifies Tentpoles With Estimated

UPDATE: The Conjuring” will easily secure the No. 1 spot at the box office with an estimated $32 million, according to Friday returns. Warner Bros. and New Line’s horror pic, made for $20 million, is spooking big-budget releases like “R.I.P.D.” and “Turbo.” Universal and D’Works Animation’s soft performers, both starring Ryan Reynolds, are on track for $10.5 million and $23 million, respectively. Also in the low-$20 million range is holdover “Despicable Me 2.” Summit’s “Red 2,” meanwhile, is gunning for $20 million.

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Warner Bros. and New Line’s horror feature “The Conjuring” got off to a scary-good start Thursday night with an estimated $3.3 million from late screenings and presales.

SEE ALSO: “R.I.P.D.” Is Latest Hollywood Bomb

The low-budget feature, originally pegged for a $25 million bow, is now tracking closer to Universal’s recent home invasion thriller “The Purge,” which earned $3.4 million Thursday night before going on to a $36.4 million opening.

“The Conjuring” should also frighten off its expensive competition this weekend at the box office.

Universal’s $130 million-plus “R.I.P.D.” is looking like a major misfire with a debut in the high teens while DreamWorks Animation’s $135 million “Turbo,” also starring Ryan Reynolds, may take second place with $24 million, the lowest debut ever for a DWA release.

Produced for $20 million, “The Conjuring” is directed by James Wan (“Insidious”).

More to come…

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  1. Julienne says:

    I’m shocked that Hollywood still thinks you need STARS to make a profit. It’s ALL about the story.

    IF IT AIN’T ON THE PAGE, IT AIN’T ON THE STAGE.

  2. Zak says:

    Man of Steel is a hit, I think you meant to bring up Pacific Rim, The Lone Ranger and White House Down when talking about ridiculously budgeted films.

    • Garret says:

      Fair enough and I totally agree MOS is a hit and a great reintroduction of Superman to an audience with an outdated concept of the character. I simply think that with a lower budget there is an opportunity to turn a successful box office haul into higher profit which should help ensure we get more of these movies in the future. Plus, some audiences and critics seemed to have wanted a bit more character and a bit less destruction heavy (and very expensive) effects.

  3. Garret says:

    If studios can learn that the giant budgets that have become all too normal are more of a shackle than an opportunity everyone wins. This can be true for tent pole features to high success. I think of Man of Steel as a prime example. If that film could have been made at a “low” 135-150 million,we could have potentially ended up with a film without the unnecessarily long final destruction of Metropolis scene that ultimately dragged the film down and lead some to question the morality and heroic nature of the title character. It would also turn the still very successful box office earnings into a flat out Super profit.

  4. Jonthan says:

    i see a shift in small budget films earning big profits. STUDIOS need to re-think their complex way of making and marketing their films. I think audiences may be experiencing fatigue with superhero remakes and sequels. We’re looking for fresh content.

  5. George Valentin says:

    I saw THE CONJURING today and it is one of the scariest horror movies that I have ever seen.

  6. Just Confused says:

    Maybe this will help show HOLLYWOOD Honchos that BIG PROFITS can still be had when egos and budgets are held “in check”. HOW ENCOURAGING to see a film small on budget but big on talent run circles around bloated “pork barrel”
    TENTPOLES. Nice score for the little guy”

  7. harry georgatos says:

    The Conjuring is the best recent example of the haunted house/exorcism movie since William Friedkin’s horror masterpiece THE EXORCIST. Unlike the recent EVIL DEAD movie director James Wan for 90% of his movie does all his effects in-camera. With a sensible $20 million budget this will make a great profit for the studio!

    • Max says:

      Almost all of the effects in the Evil Dead remake were practical on set effects. There was very little CGI in the film

  8. David Fraser says:

    The curse of Ryan Reynolds strikes again.please don’t cast him as deadpool!

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