Toy Story 4 Tops Global Box Office with $238m Debut
Disney Tops Worldwide Box Office Again with Toy Story 4!
'Toy Story 4' debuted over the weekend to the franchise's largest opening weekend (unadjusted) pulling in $238m globally. 'Child's Play' (2019) took the second spot in the North American market with $14.05m, however, this was short of studio expectations as Orion Pictures were hoping to hit $18-20m.
Domestic Box Office (est.) 21-23 June:
1. Toy Story 4 $118m (N/R)
2. Child's Play (2019) $14.05m (N/R)
3. Aladdin (2019) $12.2m
4. Men in Black International $10.75m
5. The Secret Life of Pets 2 $10.29m
(NR) = New Release
Toy Story 4:
Disney/Pixar's fourth entry into the 24-year-old 'Toy Story' franchise dominated the domestic and international box office over the weekend, debuting to a franchise high in North America with $118m and $120m form 37 international markets resulting in a $238m global debut to lift the summer box office after several weekends in a slump. The previous best domestic debut for the beloved 'Toy Story' series was the $110.3m 'Toy Story 3' opened to in 2010. Adjusted for inflation, that 2010 opening comes to $129.5m.
'Toy Story' opening weekends unadjusted (adjusted):
1. 'Toy Story' (1995) $29.1m ($48.96m)
2. 'Toy Story 2' (1999) $57.38m ($88.21m)
3. 'Toy Story 3' (2010) $110.3m ($129.5m)
4. 'Toy Story 4' (2019) $118m ($118m)
However, the tale of 2019 continues as even though the film achieved an unadjusted franchise-best, it was well short of the $182.6m generated by last year's 'Incredibles 2' over its debut weekend. With no competition from new releases until Disney's 'The Lion King', opening on 19 July, 'Toy Story 4' has plenty of room to breathe and is looking at a $400m domestic haul, which would still be $200m shy of the $608.5m North America gross of 'Incredibles 2'. By no means is this a poor performance, the film is already a hit and will make a push towards $1bn, it's just another example of 2019 being a tougher year unless the film is called 'Avengers: Endgame'. That and it feels like there has been a flood of Disney releases, even Marvel ones, all going for a similar audience, plus a glut of uninspiring sequels souring the milk. It will be a concern that 2019 is starting to fall away compared to 2018 with so many films failing to match expectations and targets set by 2018 films, even if they do well when analysed in isolation.
With an A CinemaScore, 98% and 95% on Rotten Tomatoes and an 84% score on Metacritic, Pixar has delivered a fourth sequel that maintains the franchise's quality, which in of its self is a massive achievement regardless of final gross.
Child's Play (2019):
UA's release of Orion Pictures' 'Childs Play' (2019) has received solid reviews from horror outlets, mixed from the mainstream, yet, couldn't take a massive slash out of the box office over the weekend. Previously this year, Jordan Peele's 'Us' and the Conjuring universe's 'The Curse of La Llorona' were making horror the big winner of 2019 (outside of Marvel) in terms of ROI. 'Us' debuted to a whopping $71.1m (against a $20m budget) and 'The Curse of La Llorona' brought in $26.3m but against a $9m budget. 'Us' would go on to gross $254.5m globally, while 'The Curse of La Llorona' didn't have as long-legs pulling in $121.6m. Still, with even 'Escape Room' (2019) and 'Pet Sematary' (2019) debuting to $18.2m and $24.5m respectively and going on to gross over $100m, the studio would have hoped 'Child's Play' (2019) would have pulled in at least $18-20m over the weekend due to brand-name alone. With a reported budget of $10m, this is by no means a disaster and the film should still go on to be enough of a financial hit to warrant a sequel, it just feels like another disappointing debut for an established IP.
Disney's 'Aladdin' (2019) keeps motoring on and has now hit $810.1m worldwide, a figure that seemed unlikely a few months ago based on some of the reactions as the first trailers and posters landed. Dropping-off -29.5% over its fifth weekend, the film is holding on pretty well and didn't fall off a cliff with the release of 'Toy Story 4'. The chances of it hitting $1bn are extremely slim, yet, it still has some runway left before 'The Lion King' roars into theatres.
Men in Black International:
'Men in Black International' flopped over its debut weekend and took a heavy hit in its second as the film dropped-off -64.2% (just short of the worst-case -70% predicted last week) pulling in $10.75m domestically. Currently the fourth in the franchise has grossed $52.6m in North America and $129.4m internationally ($25.7m in China) for a total of $182m. With a reported production budget of $110m (a significant saving compared to 'MIB 3's' $225m) plus marketing, the film is going to need to gross approximately $380m to breakeven, which it won't.
The Secret Life of Pets 2:
Universal and Illumination's 'The Secret Life of Pets 2' took a hit, dropping-off -58% as 'Toy Story 4' opened. With a domestic tally of $117.5m and $77.1m from international markets (total $194.6m), it's safe to say the animated sequel will be lucky to do 35% of $875.4m generated globally in 2016 by the first film.
Top 5 Films Worldwide so far...
1. Avengers: Endgame $2,749,603,966
2. Captain Marvel $1,128,125,775
3. Aladdin (2019) $810,110,128
4. The Wandering Earth $699,760,773
5. How to Train Your Dragon 3 $519,586,035
Head of content and co-founder of Beyond the Box Office.