Weekly Box Office Round-Up: The Box Office Witnessed the Strength of Street Knowledge
This weekend, Straight Outta Compton and The Man From U.N.C.L.E. opened in theaters. Let's take a look at this past weekend's box office.
#1 Straight Outta Compton- $56,100,000
On its opening weekend, Straight Outta Compton came in first place. I knew this was going to come in first place, and I knew it would have a really big opening weekend, but this surpassed my expectations. $56 million is a phenomenal opening weekend, and I think this shows that Compton will end up making a lot of money in the end. Yet another win for Universal. This movie has an important message, so I'm glad it's doing really well and I hope people will continue to go out and see it. As we wrap up August and move into September, I think Compton will stick around. There's not many more huge movies coming out, and this movie has a good shot and getting continuous business at the box office. Plus, it's a really good film. You can read our review for the movie here.
#2 Mission: Impossible- Rogue Nation- $17,000,000
In its third week, Mission: Impossible- Rogue Nation came in second place. This movie has been a big hit at the box office. It has made close to $140 million domestically, and over $370 million worldwide. Those are great numbers. Even though a similar spy movie based off a 1960's television show opened this weekend, Rogue Nation didn't take much of a dip, and in fact, beat out The Man From U.N.C.L.E. Paramount made the right decision moving this film up into the summer instead of having open in December a week after Star Wars Episode VII: The Force Awakens. It is making more now than I think it would have then. You can read our review for Rogue Nation here.
#3 The Man From U.N.C.L.E.- $13,535,000
On its opening weekend, The Man From U.N.C.L.E. came in third place. Unfortunately, this movie did not do well this weekend. It made $13.5 million in its opening weekend on a $75 million dollar budget. That's not good. Warner Bros. will probably be able to break even by the end, but it doesn't look like this film will be any kind of success for the studio. And it's unfortunate, because I had really high hopes for this film. It looked like a cool, slick, stylistic spy thriller. I didn't get a chance to see it this weekend, and I still hope to see it, but this film could have made more than it did. Maybe it's because Mission: Impossible- Rogue Nation is out now and is a very similar movie. Whatever the reason may be, U.N.C.L.E. did not do well at the box office, and it looks like it won't be a highly profitable film.
#4 Fantastic Four- $8,000,000
In its second week, Fantastic Four came in fourth place. I thought Tomorrowland was going to be the big bomb of the summer (read about that here), but it looks like Fantastic Four will ultimately take that spot. This movie had a budget of around $130 million, and it has so far made just over $100 million worldwide. That may look good, but that budget doesn't include the marketing or the theater expenses. It's probably more like $200 million that Fox would have to make break even, and I don't see Fantastic Four making another $100 million. It's already down to just $8 million in its second week. This is going to be a big setback for Fox, and will probably end up being the biggest box office failure of the summer.
#5 The Gift- $6,500,000
In its second week, The Gift came in fifth place. This film has made $23 million dollars so far, and for a small film with a $5 million dollar budget, that is fantastic. I don't think anyone, including the studio, expected this film to be so profitable. The trailers, though a bit misleading, were really good, which would explain the interest and draw to this film. Plus, Jason Bateman and Joel Edgerton are well known and respected names. So these are explanations as to why it has done so well. However, I think it will be off the top 5 list by next week. It's going to get knocked aside by the competition, but I think it will continue to slowly make money for itself and end up being fairly profitable. You can read our review for The Gift here.
To re-cap, #1 was Straight Outta Compton, #2 was Mission: Impossible- Rogue Nation, #3 was The Man From U.N.C.L.E., #4 was Fantastic Four and #5 was The Gift.
I would like to point out real quick that last week, I predicted the top 5 for this week and I was 100% correct. You can see for yourself here. So let's try it again. Next week, Hitman: Agent 47, Sinister 2 and American Ultra open in theaters. I think Straight Outta Compton will be #1, Hitman: Agent 47 will be #2, Mission: Impossible- Rogue Nation will be #3, The Man From U.N.C.L.E. will be #4 and Sinister 2 will be #5.
What do you think of this weekend's box office? What will be number one next week? Leave your thoughts in the comments section below.
Written by: NateEmail us your movie questions at: email@example.com
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