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411 Box Office Report: Transformers: Age of Extinction Spends Second Week at #1
Posted by Jeremy Thomas on 07.06.2014

To very few people's surprise, Transformers: Age of Extinction held onto the top spot at the box office this weekend. Paramount's Michael Bay-directed fourquel took in $36.4 million over the three-day time frame to lead a remarkably uninspiring Fourth of July weekend. The film fell 64% from its opening weekend, which is a bit on the high side for an action blockbuster but about in line with the 62% drop of Transformers: Revenge of the Fallen. At current count the film has reached $174.7 million domestically and $575.6 million worldwide on a $210 million budget. While it is obviously a big hit for Paramount, it may have trouble cracking the $300 million mark domestically at this point--which would make it the first movie in the live-action series not to do so.

Melissa McCarthy had a lackluster weekend, as Tammy opened with $21.2 million. The film was a slight disappointment for Warner Bros., who were hoping for something more in the mid-twenties. Since opening on Wednesday the film has pulled in $32.9 million and make no mistake; this will be a profitable venture considering the relatively low $20 million budget. Still, it's a disappointment when you consider that McCarthy's last two films were The Heat ($39.1 million opening weekend) and Identity Thief ($34.6 million opening). McCarthy comedies usually have good legs but this one didn't score well with audiences, hitting a very mediocre C+ CinemaScore. Critics also trashed it (26% on Rotten Tomatoes). That would suggest that this one will end up with less longevity. $60 million is a safe bet for the film.

The horror film Deliver Us From Evil also opened to middling numbers, even more so than Tammy. The Scott Derrickson-directed film brought in just $9.5 million in the three-day frame and $15 million since opening on Wednesday. It was expected to take in at least $15 million for just the three-day weekend, but audiences weren't pulled in by the combination of "based on a true story" and demonic possession. Those who did attend gave it a so-so B- CinemaScore while critics weren't kind (36% Rotten Tomatoes), although the latter usually doesn't affect horror films. The film added $2.5 million overseas for a total first weekend worldwide gross of $17.5 million. The $20 million budget should be made back, but the film won't go much higher than $30 million or so domestically.

22 Jump Street continued its strong week-to-week hold, down two to #4 with $9.4 million. The film has now grossed $158.9 million domestically and $229.6 worldwide off of a $50 million budget. The film is likely to top out around $180 million or so from a budget of $50 million.

How to Train Your Dragon 2 also held on well, down just 34% to $8.8 million for a two-spot drop to #5. The film has now grossed $140 million domestically and $246.1 million worldwide from a $145 million budget. It should end up with around $175 million or so domestically when it's all said and done.

Earth to Echo joined Tammy and Deliver Us From Evil with a weak opening, finishing out the three-day frame with $8.3 million. The sci-fi family adventure film tried to market itself with a Super 8 vibe but audiences didn't bite, probably not helped by the 53% RT score. Those who did see it liked it though, and the A- CinemaScore may give it some legs. Relativity was hoping for a number around the mid-teens for the three-day but no such luck. It brought in $13.5 million over the five-day weekend. It's budget isn't known but it should end up with around $35 million or so, considering the good word of mouth and the usual strong holds for family films.

Maleficent was down two to #7 spot in its sixth week, taking in $6.1 million. The Disney fantasy film has now grossed $213.9 million domestically and $630.2 million worldwide on a budget of $180 million, and keeps regularly dropping less than expected. It could get as high as a $225 million to $230 million final domestic gross at this point.

Clint Eastwood's Jersey Boys evened out a little bit in its third week, down just 33% to $5.2 million for a #8 landing. The film has now grossed $36.7 million on the strength of some very solid weekday holds and has added $3.7 overseas for a $40.4 million worldwide number. While everyone is looking at the film as a disappointment, it is about to become the highest-grossing Clint Eastwood-directed film since Gran Torino in 2008 and the highest that didn't star Eastwood since 2003's Mystic River. The film could finish with as high as $50 million domestically; its budget was $40 million.

Think Like a Man Too continued its heavy drops, falling five spots to #9 in its third weekend with $4.9 million. That's a 53% drop following last week's 64% fall. The film has pulled in $57.2 million domestically and $58.2 million worldwide and should end up at around $65 million balanced against its $24 million budget.

Edge of Tomorrow was down three to #10 with $3.6 million. The sci-fi actioner has a five-week gross now of $90.9 million domestically and a total worldwide gross of $325.4 million from a $178 million budget. The film still has an small chance at $100 million domestically.

The weekend box office tally was $127.6 million, down a huge 44% from last year's take of $229.8 million which was led by Despicable Me 2's $83.5 million opening weekend.

Note: Numbers include Sunday estimates and are three-day estimates. A studio recoups 55% of a film's grosses on average, meaning it needs to approximately double its budget to be profitable during its theatrical run.

BOX OFFICE TOP TEN (Three-Day Numbers)
1. Transformers: Age of Extinction - $36.4 million ($174.8 million total)
2. Tammy - $21.2 million ($32.9 million total)
3. Deliver Us From Evil - $9.5 million ($15 million total)
4. 22 Jump Street - $9.4 million ($158.9 million total)
5. How to Train Your Dragon 2 - $8.8 million ($140 million total)
6. Earth to Echo - $8.3 million ($13.5 million total)
7. Maleficent - $6.1 million ($213.9 million total)
8. Jersey Boys - $5.2 million ($36.7 million total)
9. Think Like a Man Too - $4.9 million ($57.2 million total)
10. Edge of Tomorrow - $3.6 million ($90.9 million total)


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