Weekend BO Results: ‘Oceans’s 8’ Steals The Show As ‘Hotel Artemis’ Fails To Impress

Written by Dapo Olowu

Crime really did pay this weekend with ‘Ocean’s 8’ breaking the franchise record and opening with $41.6m, $2.4m above ‘Ocean’s Twelve’, and just $600k off our original estimates. It’s a solid start that almost mirrors ‘Ghostbusters’, which made $46m (but also had double the budget). The plan now for ‘Ocean’s 8’ is for a nice, leggy, summer run – it was never really a highly-anticipated blockbuster. Its skewed audience (69% female, and 69% over-25s) may scupper the scheme, but even a decent 2.5x opening weekend multiplier would land ‘Ocean’s 8’ with a strong $104m domestic final gross.

Solo’ posted a better-than-expected 46% drop this weekend, right before its inevitable double-knockout at the hands of ‘The Incredibles 2’ and ‘Jurassic World: Fallen Kingdom’ in the next two weeks. Maybe that’s harsh; its numbers are decent, if you forget that a) it’s a ‘Star Wars’ film, and b) it cost over $300m to produce. A budget of $125m max would have seen the film possibly break-even, but the extensive reshoots removed any possibility of that happening. It’s currently pacing $13m behind ‘X-Men: Days of Future Past’, which ended up grossing $233.9m in the U.S. – ‘Solo’ would be lucky to even hit $200m.

In third place was ‘Deadpool 2’, continuing its impressive run by bringing in $14.1m. Its current worldwide total of $655.7m is still $130m away from ‘Deadpool’s original total however, showing just how massive the first film was. At $363.1m domestic and nearly $800m worldwide, it was the 6th biggest domestic hit and 9th biggest global film in 2016. ‘Deadpool 2’ is currently 3rd on both lists for 2018, but is $400m away from ‘Infinity War’s $655.1m domestic total and a massive $700m off of ‘Black Panther’s $1.35bn global gross.

Hereditary’ broke A24’s opening record with $13.6m, making it two in two for the new releases this weekend. This 3-day total is solid for a $10m budget, but hopes of the film having a long Box Office run is seriously harmed by its audience reaction; its poor D+ Cinemascore harkens back to the audience reactions of ‘Mother!’ and ‘It Comes At Night’, two horrors famously mis-marketed, resulting in an F and D score on Cinemascore alike.

Remarkably, ‘Infinity War’ held best this weekend with only a 31% drop, bringing in $7.2m. Its worldwide figure of $1.999bn is just $500k away from making ‘Infinity War’ just the fourth film ever (behind ‘The Force Awakens’, ‘Titanic’, and ‘Avatar’) to reach $2bn. Impressive stuff. ‘Adrift’ was nearly drowned by ‘Ocean’s 8’ eating into its audience, posting just $5.3m (a 55% fall) for a $22m domestic total. Profit for this is probably beyond reach now, but rom-com ‘Book Club’s weekend makes for good reading, as it brought in $4.3m in the last 3-days. Although this was ‘Book Club’s biggest drop so far, it’s still one of the leggiest films of the year, boasting a 4.2x opening weekend multiplier, with at least $10m left in the tank.

In possibly the most disappointing news of the weekend, ‘Hotel Artemis’ continued new studio, Global Road’s abysmal Box Office run this year, by opening to just $3.2m, below even the most pessimistic of expectations. The crime thriller, by first time director Drew Pearce, was in direct competition with ‘Hereditary’ for the male, over-25 demographic, and its C- on Cinemascore has seemingly cemented its fate. Finally, in 9th and 10th place, we saw ‘Upgrade’ bring in a decent $2.4m to close in on BH Tilt’s record of $10.8m (‘The Darkness’) with $9.4m so far, and ‘Life of the Party’ grossed $2.2m for a worldwide total just shy of $60m.

What impressed you the most this weekend? Is ‘Ocean’s 8’ on its way to becoming the biggest film in the franchise? Let us know your thoughts on Twitter and Instagram – we’re at @JUMPCUT_ONLINE.

 

Rank Last Week Rank Film Total U.S. Gross Weekend Gross Weekend drop Jumpcut’s prediction Difference Week number
1 Ocean’s 8 $41.6m $41.6m $41m $0.6m 1
2 1 Solo: A Star Wars Story $176.7m $15.7m -46.4% $13.8m $1.5m 3
3 2 Deadpool 2 $279.2m $14.1m -39% $12.8m $1.3m 4
4 Hereditary $13.6m $13.6m $13m $0.6m 1
5 4 Avengers: Infinity War $655.1m $7.2m -31.1% $6.8m $0.4m 7
6 3 Adrift $$22m $5.3m -54.6% $6m $0.7m 2
7 5 Book Club $57m $4.3m -39.1% $4.7m $0.4m 4
8 Hotel Artemis $3.2m $3.2m $5m $1.8m 1
9 6 Upgrade $9.4m $2.4m -49% $2m $0.4m 2
10 7 Life of the Party $50.3m $2.2m -38.2% $2m $0.2m 5

 

Weekend BO Predictions: ‘Oceans 8’ To Steal Top Spot From ‘Solo’, Which May Not Even Finish Second

 

Written by Dapo Olowu

What’s new?

Ocean’s 8’ hit the screens of over 4,000 U.S. cinemas on Friday, 11 years to the day since the last of the original trilogy opened to moviegoers. The gender-swapped crime caper joins a prestigious family of films boasting over $1bn worldwide, and with the average opening weekend gross being $38m, ‘Ocean’s 8’ looks to become the first to open above the $40m mark. Similarly, 2016s ‘Ghostbusters’, which famously swapped out an all-male cast for women, got off to a $46m start, but ultimately failed to get going at the Box Office with just $229.1m from a $144m budget. ‘Ocean’s 8’s more stream-lined $70m production cost means that a similar opening (and gross) would be solid return and has the added benefit of not being plagued with pre and post-release negativity. Regardless it’ll fall just short of the target, with an opening closer to around $41m.

Indie studio A24 release original horror ‘Hereditary’ this weekend, and its 94% on Rotten Tomatoes suggests they’ve yet again struck critical gold. However, it’s when attempting to reach the same heights commercially that A24 seem to falter, with their biggest domestic hit so far being last year’s Oscar-nominated ‘Lady Bird’, with only $49m. ‘Hereditary’ wants to buck the trend, and although it contains a cast not as star-studded as ‘Lady Bird’, it does include rising star Alex Wolff (‘My Friend Dahmer’, ‘Jumanji: Welcome to the Jungle’) and Golden Globe winner Toni Collette. Another plus is its release size; ‘Hereditary’ looks to scare in a record number of theatres for A24 with a shade under 3,000, and from this should break A24’s opening weekend gross record of $8.8m, made by ‘The Witch’ in February 2016. Using that horror’s per-cinema average (and then some) gives ‘Hereditary’ a strong 3-day total of $13m, for the third biggest horror opening of the year, behind ‘A Quiet Place’ and ‘Insidious: The Last Key’.

Finally, we have ‘Hotel Artemis’ which, like the other new releases, also boasts an A-List cast, with Jodie Foster, Sterling K. Brown, Sofia Boutella, Jeff Goldblum, and Dave Bautista just some of the names gracing the film. Unlike the other new releases however, ‘Hotel Artemis’ is the only one housing a rotten rating on the Tomatometer (currently 57%), and its these middling reviews that’ll inevitably hurt its Box Office run in the midst of heavy blockbuster and audience competition. It’s a real shame, as ‘Hotel Artemis’ perhaps should’ve opened on a weekend where most of its audience wouldn’t be drawn to watching ‘Hereditary’, and when behemoths ‘The Incredibles 2’ and ‘Jurassic World 2’ wouldn’t open within days of its release. From all of this, it’s clear that ‘Hotel Artemis’, with dreams of opening with numbers similar to ‘John Wick’ and ‘Atomic Blonde’s grosses, will unfortunately flop like ‘Sin City: A Dame to Kill For’, which opened to $6.3m in August 2014. Using a similar per-cinema average gives ‘Hotel Artemis’ an underwhelming start of around $5m.

What else is on?

This weekend sees ‘Solo’ close in on the $300m global mark, with a third domestic weekend total of $13.8m enough for it to drop to only second place. ‘Jurassic World’s recent international release means ‘Solo’ will drop like a stone outside the U.S., meaning its final gross most likely won’t even see $350m. Comparing this with ‘Deadpool 2’ makes for even sorrier reading, as a $12.8m gross this weekend will leave the merc with the mouth just $20m short of reaching that same $300m mark domestically. Currently the 2018s 3rd biggest film both in the U.S. and globally, I wouldn’t bet against ‘Deadpool 2’ doubling ‘Solo’s final gross.

The weekend drops for ‘Infinity War’ have lessened every weekend and this trend is set to continue. We’re predicting a gross of $6.8m, enough for the film to leapfrog ‘Jurassic World’ into 5th spot on the all-time domestic list, with $655m. ‘Adrift’ will follow closely behind, dropping by around 50% for a $6m gross. The hope here is that ‘Ocean’s 8’ doesn’t eat into its audience members, which also goes for the evergreen ‘Book Club’, that will continue its great run by only dropping 35% for a $4.7m total. BH Tilt’s horror ‘Upgrade’ won’t avoid its studio’s front-loaded trend and, coupled with ‘Hereditary’ being a director competitor, will see a pretty big drop to gross $2m, the same amount as our number 10, ‘Life of the Party’.

What do you think? Will ‘Ocean’s 8’ sink or swim this weekend? Will ‘Deadpool 2’ beat ‘Solo’? Let us know your thoughts and opinions – we’re on Twitter and Instagram at @JUMPCUT_ONLINE.

 

Rank Last Week’s Rank Film US Gross so far Budget Jumpcut’s prediction Weekend drop Week no. BoxOfficeMojo’s prediction Deadline’s Prediction Variety’s Prediction
1 Ocean’s 8 $70m $41m 1 $45m $40m $33m-$40m
2 1 Solo: A Star Wars Story $161m $300m+ $13.8m -53% 3 $14.5m $13m $11m-$15m
3 Hereditary $10m $13m 1 $12m $5m-$9m $5m-$9m
4 2 Deadpool 2 $265m $110m $12.8m -45% 4 $13m
5 4 Avengers: Infinity War $647.9m $300m $6.8m -35% 7 $6m
6 3 Adrift $16.7m $35m $6m -48% 2 $7.3m
7 Hotel Artemis $5m 1 $5m $5m-$9m $5m-$9m
8 5 Book Club $52.7m $10m $4.7m -33% 4 $4.6m
9 6 Upgrade $7m $3m-$5m $2m -57% 2 $2.5m
10 7 Life of the Party $48.2m $30m $2m -43% 5 $1.9m

 

‘Hotel Artemis’ Boasts A Star Studded Cast In First Trailer

“In ‘Hotel Artemis’, set in riot-torn, near-future Los Angeles, Jodie Foster plays The Nurse, who runs a secret, members-only emergency room for criminals.”

Directed by: Drew Pearce

Cast: Jeff Goldblum, Jodie Foster, Dave Bautista, Sterling K. Brown, Charlie Day, Sofia Boutella, Jenny Slate, Zachary Quinto, Brian Tyree Henry

Release Date: July 20th, 2018