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News / Columns / Box Office
Box Office Guru Wrapup: Audiences Support G.I. Joe at #1
Also: Julie & Julia cooks up a counterprogramming winner; Geatway not so Perfect.
by Gitesh Pandya | August 09, 2009
Discuss Article

Movie fans wanted mindless action and real American heroes and drove G.I. Joe to a huge number one opening grossing more than the next five films combined by targeting young males. Meryl Streep held her own against all the military hardware generating a strong second place showing for her turn as a celebrity chef in Julie & Julia which played well to adult women. Entertaining entirely different audiences, the two new releases joined forces to help the North American box office break a four-week losing streak as the marketplace beat out last year's numbers by a healthy margin.

Attacking an ultrawide 4,007 theaters, G.I. Joe: The Rise of Cobra posted the fourth largest August opening ever taking in an estimated $56.2M this weekend. The Paramount hit averaged a muscular $14,025. With an additional $44M from foreign bows in numerous territories, the PG-13 film collected $100M worldwide in its first weekend of play. After its Transformers sequel got panned by critics but attracted massive crowds of moviegoers as 2009's top blockbuster, the studio decided to limit the number of press it would show Joe to ahead of the release. The only films to open bigger in August were The Bourne Ultimatum ($69.3M in 2007), Rush Hour 2 ($67.4M in 2001), and Signs ($60.1M in 2002).

Studio research showed that males made up 60% of the crowd while those over and under 25 were evenly split. Families made up one-third of the audience while 25% of the turnout was Latino. Friday started with a bang with $22.3M in ticket sales. Saturday saw a 18% fall to $18.3M while Sunday is estimated to decline by another 14% to $15.7M. Produced for a hefty $175M and marketed aggressively to mainstream American moviegoers looking for escapist popcorn fare, G.I. Joe opened as the final major action tentpole of the summer and faced little competition from similar titles.

Adult women not interested in mindless violence lined up for the Meryl Streep-Amy Adams pic Julie & Julia which opened to a strong $20.1M, according to estimates. Playing in 2,354 theaters, the PG-13 film averaged a strong $8,539 per location and was effective counter-programming against the testosterone blast of G.I. Joe. If estimates hold, Julie will give Streep a $20M+ opener in three of the last four summers with each one programmed against a male-skewing action tentpole. In 2006, her comedy The Devil Wears Prada debuted to $27.5M opposite Superman Returns while last summer's musical Mamma Mia! bowed to $27.8M against the record launch of The Dark Knight. Now 60, Streep has become a potent box office star in her later years.

Produced for just $38M, Julie enjoyed a 17% sales bump on Saturday and scored an encouraging A CinemaScore grade making the road ahead look very promising. Films targeting older women tend to have legs too so a final gross north of $80M could result. Studio research from Sony indicated that the film connected with its target audience as 67% was female and 64% was 35 or older. Reviews were positive and moviegoers came out to see the Oscar winner play chef Julia Child.
Disney's 3D actioner G-Force dropped 44% but remained in third place taking in an estimated $9.8M pushing the cume to a robust $86.1M for the expensive pic. The Jerry Bruckheimer production looks to break the $100M mark in another week or so.

Ranking fourth with an estimated $8.9M was Harry Potter and the Half-Blood Prince which lost 50% of its business. With $273.8M grossed in 26 days, the latest Hogwarts pic is running 5% ahead of the last film in the series Harry Potter and the Order of the Phoenix which had taken in $261M at the same point in its run. But with ticket prices rising by 7% over the last two years, Prince has actually sold slightly less stubs than Phoenix. A final domestic tally of about $300M still seems likely. Overseas, the horny teen wizards captured an estimated $22.3M (down 49%) to boost the international total to a stellar $541.8M and the global gross to a staggering $815.6M.
Audiences abandoned the Adam Sandler-Judd Apatow experiment Funny People which collapsed 65% in its second weekend grossing an estimated $7.9M. Falling from first to fifth place, the R-rated dramedy raised its ten-day cume to a disappointing $40.4M and is likely to end its domestic run with a dismal $60-65M. That's a far cry from Apatow's previous R-rated summer comedies The 40-Year-Old Virgin ($109.2M) and Knocked Up ($148.8M). Funny's failure to please crowds will also put an end to Sandler's streak of seven consecutive years with $100M+ grossers. Budgeted at $75M, the Universal film will also struggle overseas.

Knocked Up star Katherine Heigl followed in sixth with her date movie hit The Ugly Truth which pulled in an estimated $7M, off 47%. The Sony romantic comedy has collected a solid $69.1M. With its $38M pricetag, Ugly cost substantially less than both Funny People and Brüno and will gross much more winning the three-way battle of the R-rated July comedies.

More bad news for Universal came in seventh place where its suspense thriller A Perfect Getaway grossed a weak $5.8M, according to estimates, in its opening weekend. The R-rated fright pic averaged a dismal $2,670 from 2,159 locations. Getaway was produced for $14M by Rogue Pictures which also paid for the marketing cost. Females made up 52% of the audience.
Fox's kidpic flop Aliens in the Attic tumbled 50% in its second weekend to an estimated $4M boosting the ten-day total to $16.3M. A $25-30M final seems likely. Two films tied for ninth place including the horror title Orphan with an estimated $3.7M, off 50%, for a $34.8M sum for Warner Bros. After two weeks at number 12, Fox Searchlight's indie hit (500) Days of Summer expanded nationwide and jumped up into the top ten with an estimated $3.7M as well. The Joseph Gordon-Levitt-Zooey Deschanel love story widened from 266 to 817 sites and averaged a good $4,559. Total stands at $12.3M.
New totals for summer blockbusters outside of the top ten include $393.7M for Transformers: Revenge of the Fallen, $287.4M for Up, $262M for The Hangover, $187.8M for Ice Age: Dawn of the Dinosaurs, $174.9M for Night at the Museum: Battle of the Smithsonian, and $154.8M for The Proposal.

Opening to moderate results in limited release, the mockumentary Paper Heart grossed an estimated $206,000 from 38 theaters for a decent $5,421 average. The Charlyne Yi-Michael Cera pic generated mixed reviews for Overture. The Paul Giamatti comedy Cold Souls bowed in just seven locations and grossed an estimated $63,000 for a solid $9,000 average. Critics were generally pleased.
The top ten films grossed an estimated $127.1M which was up 17% from last year when The Dark Knight stayed in the top spot for a fourth consecutive time with $26.1M; but down 5% from 2007 when Rush Hour 3 debuted at number one with $49.1M.

Author: Gitesh Pandya, Box Office Guru

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Comments (1-20 of 77 posts) | Reply
Boxman
Boxman writes:
on Aug 09 2009 06:06 PM

G.I. Joe made exactly what I predicted between 50 and 60 million ,but the movie cost 175 million so its a bit of a disappointment. Now it's District 9's turn to pwn at the boxoffice next week!

(Reply to this)
Mr. Bo Ziffer
Mr. Bo Ziffer writes:
on Aug 09 2009 06:30 PM

Another week, another movie based on a toy/TV show making it to the top of the box office. But I'm saving up my pennies for the 21st, when I see District 9 and Inglorious Basterds the same night.

(Reply to this)
Rajkumar A.
Rajkumar A. writes:
on Aug 09 2009 06:32 PM

"District 9": it's going to be the best movie of 2009!!! Don't miss it

(Reply to this)
mbarreto
mbarreto writes:
on Aug 09 2009 07:01 PM

Hopefully next week will give this summer season a boost. Joe was pitiful, as expected.

(Reply to this)
707PG13
707PG13 writes:
on Aug 09 2009 07:03 PM

I thought G.I. Joe was awesome but damn, the special effects didn't make it look like a 175 million budgeted movie.

(Reply to this)
Chris B.
Chris B. writes:
on Aug 09 2009 07:22 PM

In reply to this comment (#2534724)
yeah it the effects didn't look that good but damn it was fun.

(Reply to this)
ledawg1138
ledawg1138 writes:
on Aug 09 2009 07:36 PM

I've been a "G.I. Joe" fan, but I could at least enjoy the campiness of the public service messages. The movie, definately not for me.

(Reply to this)
man in the water
man in the water writes:
on Aug 09 2009 07:43 PM

People talked about G.I. Joe like it was to be the last hit of the summer without realizing District 9, at least I think has a chance to outgross it. District 9 looks awesome, and the early word for it is so far very good. I'm definitely seeing it next week. This week I hope to play catch-up and see Funny People, and Paper Heart. Harry Potter was epic!!

(Reply to this)
tomwaitsjr
tomwaitsjr writes:
on Aug 09 2009 07:47 PM

I am seeing a ton of early ads for Inglorious Basterds. . .

I see it making about 30 million, though. . .(opening weekend)


(Reply to this)
thedownstar
thedownstar writes:
on Aug 09 2009 08:08 PM

another shameless weekend in the books...

is anybody else put-off by the build up to Inglorious Basterds? I don't see it reaching a the century mark, and I don't think Brad Pitt can carry a movie himself; with that being said, besides District 9, it's the only moive on the August radar that looks decent.

save for the gooey "Paper Heart," maybe.


(Reply to this)
Eyes On Today
Eyes On Today writes:
on Aug 09 2009 09:01 PM

I hate when people the words like "shame" when it comes to movies like G.I. Joe being number 1. Movies are about entertainment, and it is the summer...they should be fun, popcorn flicks, not masterpieces. More movies should be a fun, happy way to spend a couple hours.

Saying that, I am suprised people are not taking a chance on Funny People. It was great and unique.


(Reply to this)
willywonkanobi
willywonkanobi writes:
on Aug 09 2009 09:18 PM

In reply to this comment (#2534733)
District 9 will do very well. It isn't a "Toy" property, but relative to budget at least, it will own GI Joe. I see district 9 being a word-of-mouth type movie.

Though, the viral marketing has been VERY GOOD for this movie. It could do better than I am expecting.


(Reply to this)
u1sart
u1sart writes:
on Aug 09 2009 09:38 PM

i hate ppl.. why because they tend to think that whatever that is not to their liking they must discourage and look down upon. I watched GI joe and it may not be an award winning movie but it has lots of fun and action which i can say i enjoyed really well, as well as the transformers.. so tell me now if some of u think that its gonna suck, why bother go and watch.. i mean u see the ads and all why waist ur dirty little selves and watch it... dum fuking ppl. when i watched the ad for dragonball i see its gonna suck so i dont even think on going to waist my money. Anyways i think district 9 gonna be a hit, after all Mr. Jackson is behind it what do u think!

(Reply to this)
Hockey12345
Hockey12345 writes:
on Aug 09 2009 09:51 PM

In reply to this comment (#2534764)
You do realize you can watch these sucky movies online right? So late at night when one cant sleep or has nothing to do they can jump online and watch an awful movie like GI JOE instead of paying the $10 at the theatre...That is what I did bc I knew the movie was going to be horrible and well it was even worse than what I expected!

(Reply to this)
RE4P3R
RE4P3R writes:
on Aug 09 2009 09:54 PM

I sense a flop in Inglourious Basterds. I don't know. Maybe Universal is cursed or something (Funny People, Land of the Lost), so I'm not getting my hopes up for Inglourious Basterds (gross-wise). And if it does open up in first place (like Funny People), I can see it tumbling quick, just like Funny People. Sorry for the cynicism and being pessimistic, but Universal is his year's Fox (who had box office problems last year).

Otherwise, I am not surprised to see GI Joe's big draw (large audience when I saw it - yes, I saw it, only to sneak into Funny People because it was rated R). I'm happy for (500) Days as well. I hope it stays in the top ten next week too.


(Reply to this)
ARTaylor
ARTaylor writes:
on Aug 09 2009 10:12 PM

G.I. Joe was more of the same that I've come to expect from this summer's "blockbusters." It had its entertaining moments but failed to be as interesting as it should have been. It was lots of special effects, too many of which were disappointing, and too skimpy on story. It wasn't as good as Transformers 1 but it didn't suck as much as Transformers 2. I probably would have enjoyed it if I could remember anything about G.I. Joe beyond the occasional parody.

My mother saw Julie and Julia. Said it also had its entertaining moments but was lackluster, anti-climatic, and disappointing.

I can't wait for District 9. It seems to be this year's last chance at an entertaining summer movie.


(Reply to this)
The B.
The B. writes:
on Aug 09 2009 10:16 PM

@ Eyes On Today,

Why can't they be both? I didn't go to "Joe." I have no desire. The trailer looked laughable. But why can't movies be entertaining, fun, popcorn flicks AND be good movies. I thought "Iron Man" was excellent (never read a comic in my life), and it fit my definition of an entertaining popcorn flick. Why can't summer fun movies be well made too?


(Reply to this)
Iceman Cometh
Iceman Cometh writes:
on Aug 09 2009 10:20 PM

GI Joe was terrible. They tried to cram every action movie cliche into one movie. With the exception of the Paris action sequence, the CGI was pretty crappy, given the huge budget. I was expecting campy, "dumb" fun, but all I got was dumb. The chicks were hot though, but the movie was full of scenes/lines that made me groan out loud. Thank god I don't have to pay for movies.

(Reply to this)
thedownstar
thedownstar writes:
on Aug 09 2009 10:37 PM

I feel that spending 150million on something that is as disposable as GI Joe is shameless. Not every movie has to re-invent the wheel, but don't you want to be proud of your product? The only thing that an opening weekend like this does for GI Joe and Transformers is pave away for more bilge. Why can't entertainment/popular also stimulate your mind? The status quo from here on out will be entertainment for that sake of anything but substance, no matter the intention. By plunking down 12 dollars a ticket to see Paul Blart or Obsessed, we're indirectly giving credence for more junk food. We need four theatres to play Transformers 2, yet we hid "Moon" or "The Hurt Locker" to two showings a day for a two week run. Entertainment is subjective, quality is not

(Reply to this)
ledawg1138
ledawg1138 writes:
on Aug 09 2009 11:08 PM

In reply to this comment (#2534764)
Another weak argument, from another angry person.

Yes, why would people ever talk about movies they think look bad, when it's the focus of an article.

I'm not going to bother to watch "G.I. Joe", because it dosen't look good, and I'm going to attack it anyway. Why? Because I can, b**ch.


(Reply to this)
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