Joker Holds at #1 with $55m Second Weekend
Todd Phillips' 'Joker' held onto the top spot this weekend as the newcomers failed to come even close to dethroning the 'Clown Prince of Crime'.
Last weekend, surrounded by much hype and hysteria, 'Joker' debuted to a record-breaking $96.2m domestic gross, beating the previous October record of $80.2m held by 2018's 'Venom'. Going into its second weekend, the film had plenty of buzz, mostly around Joaquin Phoenix's performance, and it was always going to be very unlikely that it would be pipped to top spot by any of the newcomers.
Warner Bros/DC's 'Joker' easily held onto #1 with a second weekend domestic haul of $55m, representing a -43% drop-off. With a current tally of $192.7m domestically and $351.2m from international markets, the film has chalked up a worldwide gross of $543.9m, set against a reported production budget of $55m.
As for the domestic drop-off of -43%, this was a stronger hold than 'Venom', which fell -56.4% over its second weekend and better than -51.0% 'Spider-Man: Far from Home' dropped in its second weekend. The domestic drop-off for 'Spider-Man: Far from Home' is comparable as the MCU film debuted to $92.5m, sometimes these drops are not so comparable if a film massively front-loads its debut weekend.
Of the newcomers, United Artists Releasing's animated offering, 'The Addams Family', took second spot, opening domestically to $30.2m. By comparison, the return of everybody's favourite 'kooky and spooky' family opened below the $55m of 'How to Train Your Dragon: The Hidden World' and the $46.6m of 'The Secret Life of Pets 2', both sequels.
With Halloween coming up, this is a good family market film to get a bounce out of the spooky holiday.
Paramount's 'Gemini Man', starring Will Smith and directed by Ang Lee, finished the weekend in third place, pulling in approx. $20.5m.
The sci-fi actioner's debut is one of the worst opening weekends for a movie this year that carries a blockbuster price-tag. With a reported budget of $138m, 'Gemini Man' would need to gross approx. $230-250m globally to breakeven and that's not taking into account any of the film's marketing spend. The debut gross of 'Gemini Man' is lower than the $27.5m scored by 'After Earth' in 2013 - not adjusted.
Any hope of a sleeper-hit could be extinguished by both the reception to the film and the upcoming release slate. Critically, 'Gemini Man' holds a 25% Rotten Tomatoes rating but does command an 84% from audiences, however, it also only holds a 5.6/10 on IMDb and 33% on Metacritic. Competition wise, 'Zombieland 2: Double Tap' rolls into theatres this week and 'Terminator: Dark Fate' is also just around the corner leaving 'Gemini Man' pretty much already out of runway with many of its target viewers.
Head of content and co-founder of Beyond the Box Office.