Good Boys Tops Domestic Box Office with $21m Debut
Universal secure the top spot for another week as 'Good Boys' debuts to $21m and 'Hobbs & Shaw' takes second for the studio.
Domestic Box Office (est.) 16 to 18 August:
1. Good Boys $21m (N/R)
2. Hobbs & Shaw $14.14m
3. The Lion King $11.9m
4. The Angry Birds Movie 2 $10.5m (N/R)
5. Scary Stories to Tell in the Dark $10.05m
(N/R) = New Release
Universal's R-rated comedy 'Good Boys' took the top spot over the weekend at the domestic box office, pulling in $21m.
the new release mostly had to compete with holdovers from previous weeks, with the only other major new release coming in the form of 'The Angry Birds Movie 2' -- which had stiff competition from the resilient Disney feature 'The Lion King' and 'Toy Story 4' etc. -- and '47 Meters Down: Uncaged'. In 2007, 'Superbad', also an Evan Goldberg and Seth Rogen project, scored a $33m domestic debut (not adjusted for inflation) before going on to secure $169.8m worldwide against a $23m production budget. However, that was just as the R-rated comedy boom was getting into full swing. In recent years, the genre has seen its share of hits but struggled to hit the lofty heights of '05 to '14 as it started to feel saturated. 2018's 'Blockers' ($94m) and 'Tag' ($78.1) both failed to crack $100m worldwide with 'Game Night' managing to hit $117.6m. Yet, with such small production budgets, studios are still easily able to give these films a punt and see if any can reinvigorate the genre.
'Good Boys' opened in limited international markets (13) and brought in $2.1m for a worldwide debut of $23.1m.
Hobbs & Shaw:
Going into its third weekend, Universal's 'Hobbs & Shaw' had already begun to fade at the box office. The second-weekend drop off of -57.9% was pretty average, however, the debut haul of $60m was relatively low compared to the previous instalments -- 'The Fate of the Furious' (2017) $98.75m and 'Furious 7' (2015) $147.18m -- and could be linked to the nature of spin-off branding putting the main title audiences recognise second to 'Hobbs & Shaw'. Over the weekend the film dipped -44.0% with a domestic take of $14.14m, which, still put in second place, but this less than fast and furious launch has meant the film is only just approaching the breakeven mark (depending on how much was spent on marketing). With a $200m production budget, the current worldwide tally of $437m means it has covered its production budget once the splits are returned to the studio but if the global marketing campaign has cost upwards of $100m, this leaves it needing another week to get into the black. That said, it does have an ace up its sleeve as the breakeven will be crossed this week with China opening at this weekend and that market is likely to add ~$250-350m to the film's bottom line.
To-date 'Hobbs & Shaw': domestic $133.74m and international $303.3m for a total of $437.04m.
The Lion King:
Disney's 'The Lion King' continues to pull in audiences. Although it suffered a -60% dip over its second weekend, the subsequent drops have been much kinder and the movie has now amassed $1.435bn globally (Dom. $496.1m and $939.1m Int.) making it the second-highest-grossing movie of 2019 so far.
The Angry Birds Movie 2:
Sony's 'The Angry Birds Movie 2' debuted domestically to $10.5m for the three-day but has been chugging along since Tuesday and for a couple of weeks in a handful of international markets. In 2016, 'The Angry Birds Movie' opened to $38.1m, so it's a big drop, however, the film's budget is lower than the first film's... not by much but $65m vs. 2016's $73m is still a little saving and it has received solid reviews. Currently, on Rotten Tomatoes, the sequel holds a 76% from critics and 86% from audiences. Unfortunately, the competition for the "families with kids" spend is fierce this year, not only does the film need to go head-to-head with Disney's slate, there are also quite a few smaller films geared to this audience. It's unlikely the sequel will come close to matching the $352.3m global tally of the first flick.
Scary Stories to Tell in the Dark:
Lionsgate's 'Scary Stories to Tell in the Dark' pulled in another $10.05m domestically over the weekend taking the $25m production's haul to $40.21m (Dom.). So far the movie is yet to open in many markets and has generated $14.1m from the limited markets it has opened in.
Toy Story 4:
Finally, although finishing the domestic weekend in 14th, last week was enough to push the fourth 'Toy Story' movie past $1bn. With a global haul of $1.016bn (Dom. $424.4m and $592.2m Int.), Pixar delivered Disney its fifth $bn+ movie of 2019 (sixth if you count 'Spider-Man: Far from Home' which is Sony's biggest release ever but also a movie that couldn't have brought in $1.102bn without being part of the MCU, so Disney had a hand in it in some way).
Top 5 Movies Worldwide 2019 so far...
1. Avengers: Endgame $2,795,695,939
2. The Lion King $1,435,207,985
3. Captain Marvel $1,128,274,794
4. Spider-Man: Far from Home $1,102,833,167
5. Aladdin (2019) $1,035,745,430
Head of content and co-founder of Beyond the Box Office.