By Jake Coyle, Film Writer
NEW YORK (AP) --Testing a novel release strategy, Universal Pictures' animated sequel "The Croods: A New Age" had one of the best opening weekends of the pandemic, grossing $14.2 million over the five-day Thanksgiving holiday weekend, according to studio estimates Sunday.
Whereas new releases have traditionally lasted around 90 days in theaters, Universal has mapped out a shorted theatrical window in deals with major chains AMC and Cinemark that gives the studio the option to move new releases to premium video-on-demand after just 17 days. "The Croods: A New Age" is expected to shift to the home before Christmas for a $20 rental. For an industry reeling from the pandemic, it's part of wider changes seeping through the industry.
"The Croods: A New Age" grossed $9.7 million Friday-Sunday, which rivals even the weekend start for "Tenet" in October. Warner Bros. didn't break down the three-day weekend figures for "Tenet," which began preview screenings in the U.S. on a Monday, but said it grossed $20.2 million in its first week in U.S. theaters plus its first two weeks in Canadian theaters.
While the opening for "The Croods: A New Age" was something Hollywood hadn't seen in months — a movie that outperformed expectations — it was still only a sliver of what the industry usually sees in the typically busy holiday movie season. Last year, "Frozen II" led all films over the five-day Thanksgiving weekend with $123.7 million, while "Knives Out" scored $41.7 million
Since "Tenet" opened, most larger releases have been postponed or detoured to digital, sometimes while still playing in theaters overseas. The Walt Disney Co. steered "Mulan" to a premium purchase on Disney+, but opened in China and elsewhere. Next month, Warner Bros. will release "Wonder Woman 1984" simultaneously on HBO Max and in theaters. Disney has uprooted the Pixar animation "Soul" to its streaming platform.
That's left smaller films to lead what's left of the box office — about 40% of the normal number of theaters. Most have tapped out around $4 million on opening weekend. The Kevin Costner and Diane Lane film "Let Him Go" debuted with $4.1 million in ticket sales from 2,454 locations earlier this month. The body-swap horror movie "Freaky," with Vince Vaughn, has been No. 1 the last two weekends after debuting with $3.7 million.
One of the biggest differences is that Universal spent more heavily to market the $65 million "Croods" sequel from DreamWorks Animation. It played in 2,211 locations, or about half the usual amount for such a release.
Overseas, the film grossed $20.8 with almost all of that — $19.2 million — coming from China.
“Heretic” and “Maria” Set As Red Carpet Premieres At AFI Fest
The American Film Institute (AFI) has announced that Heretic, the psychological thriller starring Hugh Grant, and Maria, based on the life of opera singer Maria Callas starring Angelina Jolie, will round out the Red Carpet Premieres section at this year’s AFI Fest. The Heretic Gala Screening will take place on Thursday, October 24, and the Maria Gala Screening will be held on Saturday, October 26. The complete Red Carpet Premieres section includes the world premieres of Music By John Williams, Robert Zemeckis’ Here, Wallace & Gromit: Vengeance Most Fowl and Clint Eastwood’s Juror #2. All Red Carpet Premieres will take place at the historic TCL Chinese Theatre. The full lineup for AFI Fest 2024 will be unveiled on October 1.
“At the heart of AFI Fest is an unwavering dedication to celebrating the best in global cinema--together,” said Bob Gazzale, AFI president and CEO. “We look forward to uniting artists and audiences once again to be inspired by the art form in a powerful sense of community.”
Heretic follows two young missionaries (Sophie Thatcher and Chloe East) who are forced to prove their faith when they knock on the wrong door and are greeted by a diabolical Mr. Reed (portrayed by Grant), becoming ensnared in his deadly game of cat-and-mouse. The film is directed by Scott Beck and Bryan Woods and produced by Stacey Sher, Beck, Woods, Julia Glausi and Jeanette Volturno. The film will be released nationwide by A24 on November 8.
Directed by Pablo Larraín, Maria presents a tumultuous and beautiful depiction of one of the world’s most renowned artists and reimagines the legendary soprano in her final days in Paris, as Callas (Jolie)... Read More