‘Spectre’ Shows Staying Power, Heading for $35 Million Weekend

'Spectre' Shows Staying Power, Heading for
Courtesy of Sony Pictures

Moviegoers are opting to stick with James Bond and Charlie Brown at North American multiplexes, with “Spectre” heading for $35 million in its second weekend.

The 24th Bondpic took in $10.2 million on Friday from 3,929 locations for Sony with a decline of about 50% from its opening weekend. Fox’s “The Peanuts Movie” remained a solid draw with $5.6 million on Friday — portending a $24 million sophomore frame, or a 45% decline.

Holiday comedy “Love the Coopers” led the newcomers, heading for a third-place finish following a respectable $2.8 million Friday. That would give the CBS Films production, distributed in conjunction with Lionsgate, as much as $9 million opening at 2,603 sites — in line with or above recent forecasts.

Warner Bros.’ mining drama “The 33” showed only modest traction on Friday with $1.8 million at 2,452 sites, which projects to a modest $5 million for its opening frame with an A- Cinemascore from patrons. “The 33,” which centers on the 2010 rescue of Chilean miners, has taken in $4.9 in Chile and $3 million in Mexico.

Aviron Pictures’ football drama “My All American” generated only $520,000 at 1,565 locations, projecting to a $.1.5 million launch weekend. The film is playing strongest in the South and Texas and received an A Cinemascore.

Angelina Jolie Pitt’s marital drama “By the Sea,” with real-life husband Brad Pitt, opened fairly quietly in a limited release with a projected $132,000 at 10 theaters in major cities. Reviews for the $10 million film have been fairly unkind with a 32% rating on the Rotten Tomatoes aggregator site.

“Spectre” should close out the weekend near $130 million in its first 10 days. “Skyfall,” its immediate predecessor, slid 53% in its second weekend to $41 million on its way to a $304 million domestic total.

The Daniel Craig starrer has been even more impressive overseas, generating over $220 million with launches this weekend in China and France. Paris was hit by devastating terrorist attacks on Friday evening, leaving over 120 dead, and cinemas in Paris closed early Saturday afternoon.

“Spectre” should cross the $500 million mark worldwide by the end of this weekend with China expected to be particularly robust. The Metro-Goldwyn-Mayer and Eon Productions film carries a $250 million price tag and has to gross at least $650 million to break even.

Fox’s seventh weekend of “The Martian” should finish fourth in the U.S. with about $7 million, which should lift the Matt Damon sci-fier to nearly $210 million total on the domestic side.

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  1. Mike says:

    Bond films are not true bond films anymore. Craig is more of a Bourne Sr. than a Bond.

  2. hobnob says:

    Skyfall has set such a high bar for Bond films. It made over $500m more than any previous Bond film so it was kind of a special case. However its what all Bond films will now be compared to. Its kind of the franchises Thriller. This film is doing well compared to all bond films not called Skyfall and will certainly be the 2nd biggest Bond at the box office. Its the global figures that matter cause thats where Bonds strength really lies not in US figures.

  3. me says:

    Even though I know what they mean, I love it when people say things like “has to gross at least $650 million to break even”. Unless that is the only movie the studio has ever made, they do not really need to break even on every single movie they make. I’m sure the studio has made huge profits (and had huge losses) on all the other movies they’ve released. So it is the overall picture that tells the real story. Toyota is not going to go out of business if this year’s Camry doesn’t sell as well as last year’s model.

    • JimG. says:

      It doesn’t mean that a studio wouldn’t prefer if they made back their investment on any given film. Sure international, merchandising, and post-release viewing can help a film it’s still best for a film to break even or better on Domestic alone. Many studios can take a loss, but they would still rather not.

    • Don't Mind Me Now says:

      Yeah, but aside from Hotel Transylvania 2 (and to a lesser extent Goosebumps), this really hasn’t been Sony’s year. They’ve seen most of their movies either underperform (Paul Blart, Wedding Ringer) or outright flop (Aloha, Pixels, The Walk), so they could really use that Bond cash. But if it all gets absorbed by paying off the budget and marketing, they’re still in the same place they were before.

      I doubt that Spectre would fail to profit – I’d still expect at least $800 million worldwide, especially since it seems to be holding decently in the states (which was in question before now), but Sony was probably expecting a bit more than comparatively mild profits from their only tentpole of 2015.

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