Box Office Breakdown, August 3-5, 2018

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Disney, Fox and Lionsgate all put forward offering this past weekend to try and dethrone last week’s champion, Paramount’s “Mission: Impossible – Fallout”. The new releases resulted in mixed numbers as the summer blockbuster season comes to an end and the slower transition period between summer and fall takes hold in August. Were any of these new releases able to top the spy thriller? Let’s take a look. Here is my Box Office Breakdown for August 3-5, 2018.

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While it isn’t a huge surprise, it was a mild upset by Paramount’s “Fallout” as the sixth film in the “Mission: Impossible” franchise held strong to top the box office for a second consecutive week. It’s the first movie since “Solo: A Star Wars Story” to repeat at #1 in the United States and continues a streak of sequels winning their weekends. Since April every number one movie domestically has been a sequel, spinoff or reboot film. “Mission: Impossible – Fallout” benefited from great reviews and world of mouth as well as under performing competition to score $35 million. Combine this with last week’s numbers plus another $75 million overseas and the sequel has now topped $205 million worldwide in only its second week.

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Coming in second was “Christopher Robin”, Disney’s latest live action interpretation of its classic animated material this time focusing on Winnie-the-Pooh and his titular human friend who has now grown up and must help Pooh find his friends. Some had the film making around $30 million in its opening weekend, but it only brought in $25 million in its debut, one of the lowest opening weekend revenues in Disney’s live-action remake library. The movie also earned $4.8 million oversees. Despite mildly decent reviews, good word of mouth and the nostalgia effect “Christopher Robin” somehow failed to find a devoted opening weekend audience but with little competition in the next few weeks the movie still has hope to bring in a decent profit. It’s loses may be due to Disney putting an embargo on early reviews for the film. You can read MY review here.

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In third way behind the competition was Lionsgates spy comedy “The Spy Who Dumped Me” which opened to bland reviews from critics but received more respect from viewers. The comedy brought in $12.3 million domestically and has performed better in foreign markets. With an estimated budget of $40 million the comedy will need some good holdover numbers to break even on the homeland. You can read my review of “The Spy Who Dumped Me” here. “Mamma Mia! Here We Go Again” continued to be a powerhouse sequel earning another $9 million and finishing fourth while “The Equalizer 2”, which beat “Mamma Mia!” in their opening weekend, continued its drop down to fifth.

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The only other new entry in the top ten over the weekend was the new dystopian novel adaptation “The Darkest Minds” a film that 20th Century Fox was banking on bringing renewed interest to the young adult adaptation genre of films that has died off in recent years. It doesn’t look like that will be the case as the movie bombed earning horrible critic scores and barely making a mark with only $5.8 million domestically on a $35 million budget to finish eighth overall. It only earned another $4.1 million overseas meaning this potential franchise may be dead in the water. You can look for my review of the film coming this week. Rounding out the top ten were “Hotel Transylvania 3” and “Ant-Man and the Wasp” in sixth and seventh respectively and “Incredibles 2” and “Teen Titans Go! To the Movies” in ninth and tenth. Other notable successes for the weekend were “Eighth Grade” which expanded nationally and earned $2.8 million over the weekend to brings its total gross to $6.5 million and Marvel’s massive smash hit “Black Panther” became only the third film alongside “Star Wars: The Force Awakens” and “Avatar” to top $700 million domestically despite the movie having come out on home media release quite some time ago.

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As for next week? It’s up in the air. “Fallout” has proven to have a lot of staying power. Only “Black Panther” has repeated for three weeks at number one in 2018. Well “Jumanji 2” did also but that was a carryover from 2017. Personally, I think it’s very possible “Fallout” will make it three weeks in a row considering the competition. Two movies already considered potential flops, “Slender Man” and “The Meg”, will make their debuts while the limited release of “BlacKkKlansman” will offer something for those looking for a more artistic flavor. If anything I’d see “The Meg” giving “Fallout” a run for its money, but I’m going to predict that it won’t be enough to displace ‘Fallout” from number one. We shall find out in a week if I’m correct.

 

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