Monday, September 3, 2012

Horror possesses box office in quiet end to summer

A late-summer horror tale took possession of the weekend box office as Hollywood quietly wound down a busy season that turned out to be not so busy.

"The Possession" debuted as the No. 1 movie with $21.3 million over the four-day Labor Day weekend, according to studio estimates. The Lionsgate fright flick stars Kyra Sedgwick and Jeffrey Dean Morgan as parents of a girl possessed by a demon.

Opening in second-place with $13 million was the Weinstein Co. bootlegging drama "Lawless," with Shia LaBeouf and Guy Pearce in a story of moonshiners pursued by a corrupt lawman during Prohibition.

It was a typically slow Labor Day weekend, ending a summer that failed to live up to Hollywood's expectations.

Studio executives started the season with projections of record business, but revenues dropped 3 percent compared to summer 2011, while attendance was at its lowest in at least 20 years, according to box-office tracker Hollywood.com.

Labor Day weekend revenues totaled $134 million, down 3.4 percent from last year's, when "The Help" led with $19.9 million.

Hollywood.com analyst Paul Dergarabedian said overall domestic revenues for the summer season, from the first weekend in May through Labor Day, came in at $4.275 billion, down from a record $4.4 billion in summer 2011.

The attendance picture was even worse, factoring in this year's higher ticket prices. The number of movie tickets sold over summer was about 533 million, down 4 percent from 2011's and the lowest since Dergarabedian began compiling summer figures 20 years ago.

"We talk about summer being product driven, and it's all about the movies," Dergarabedian said. "While it started off on a really high note, as summer went on, it seemed like the moviegoers were less and less interested in the movies being released."

Back in May, when the superhero sensation "The Avengers" launched the season with a record $207.4 million weekend, Hollywood insiders predicted their best summer ever as a lineup of huge titles was set to hit theaters week after week.

While "The Avengers" and superhero cousins "The Dark Knight Rises" and "The Amazing Spider-Man" led the season and movies such as "Ted" and "Brave" topped the $200 million mark, many other movies fell flat. Big stars delivered big busts with Adam Sandler's "That's My Boy" and Johnny Depp's "Dark Shadows," and action tales such as "Battleship" and "Total Recall" also flopped.

There were some smaller surprise successes, including the anti-Barack Obama documentary "2016: Obama's America," which expanded into broader nationwide release and came in at No. 8 with $7.1 million. That raised its total to $20.3 million since the documentary opened in a handful of theaters in mid-July.

The weekend's other new wide release, the family flick "The Oogieloves in the Big Balloon Adventure," flopped with just $601,545, averaging a tiny $278 a screen in 2,160 theaters, one of the poorest openings in recent box office history. By comparison, "The Possession" averaged $7,564 in 2,816 cinemas.

Most scary movies draw their biggest crowd on opening day Friday as horror fans turn out for the debut, with business dropping on Saturday. "The Possession" bucked that pattern as the audience grew larger on Saturday then held up solidly through Sunday and Monday.

"Horror films normally don't do that," said Richie Fay, head of distribution for Lionsgate. "If you play to that audience and that audience is satisfied, they talk about it and they come back on Saturday or their friends come back with them on Saturday."

Warner Bros. just opened "The Dark Knight Rises" in China and Italy, lifting the Batman blockbuster back to the No. 1 spot internationally with $46.4 million and raising its overseas total to $575 million.

"The Dark Knight Rises" took in an additional $7.9 million domestically over Labor Day weekend to push its domestic haul to $433.2 million. The film joined 2008's "The Dark Knight" as a $1 billion worldwide hit, with its total now at a few million dollars more than its predecessor's.

Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Hollywood.com. Where available, latest international numbers are also included. Final domestic figures will be released Monday.

1. "The Possession," $21.3 million ($3.5 million international).

2. "Lawless," $13 million.

3. "The Expendables 2," $11.2 million ($20 million international).

4. "The Bourne Legacy," $9.4 million ($12.6 million international).

5. "ParaNorman," $8.8 million ($3.1 million international).

6. "The Odd Life of Timothy Green," $8.5 million.

7. "The Dark Knight Rises," $7.9 million ($46.4 million international).

8. "2016: Obama's America," $7.1 million.

9. "The Campaign," $7 million.

10. "Hope Springs," $6 million.

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Estimated weekend ticket sales at international theaters (excluding the U.S. and Canada) for films distributed overseas by Hollywood studios, according to Rentrak:

1. "The Dark Knight Rises," $46.4 million.

2. "The Amazing Spider-Man," $33.7 million.

3. "The Expendables 2," $20 million.

4. "Total Recall," $13 million.

5. "Brave," $12.9 million.

6. "The Bourne Legacy," $12.6 million.

7. "Madagascar 3: Europe's Most Wanted," $8.9 million.

8. "Ted," $7.1 million.

9. "Step Up: Revolution," $6.8 million.

10. "Abraham Lincoln: Vampire Hunter," $6 million.

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Online:

http://www.hollywood.com

http://www.rentrak.com

___

Universal and Focus are owned by NBC Universal, a unit of Comcast Corp.; Sony, Columbia, Sony Screen Gems and Sony Pictures Classics are units of Sony Corp.; Paramount is owned by Viacom Inc.; Disney, Pixar and Marvel are owned by The Walt Disney Co.; Miramax is owned by Filmyard Holdings LLC; 20th Century Fox and Fox Searchlight are owned by News Corp.; Warner Bros. and New Line are units of Time Warner Inc.; MGM is owned by a group of former creditors including Highland Capital, Anchorage Advisors and Carl Icahn; Lionsgate is owned by Lions Gate Entertainment Corp.; IFC is owned by AMC Networks Inc.; Rogue is owned by Relativity Media LLC.

Source: http://news.yahoo.com/horror-possesses-box-office-quiet-end-summer-165502682--finance.html

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