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Weekend B.O. June 14-16 (Is Hollywood Headed For Destruction?)

Box Office
by Sergio
June 16, 2013 12:15 PM
26 Comments
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Man of Steel

Or will it continue to be business as usual?

That huge sigh of relief you’re hearing at this very moment is coming from Warner Bros and Legendary Pictures execs, who sold the farm for a reported $225 million to pay for Man of Steel and crossed their fingers hoping that they made the right bet.

And they did.

The film was No.1 at the box office both here and internationally alike, grossing some $125 million this weekend domestically and another $151 million overseas.

However, though Warners lucked out with the success of Man of Steel, one has to take into consideration Steven Spielberg’s recent dire prediction that the Hollywood will “implode” if it doesn’t change its act, or maybe, perhaps, it’s just too late. They’re too far along the way towards their own self-destruction.

Studios are spending way too much money on big blockbuster films, in which, not only careers, but an entire studio’s existence hinges on the success and failure of a few films.

Spielberg was quoted: ''There's going to be an implosion where three or four or maybe even a half-dozen mega-budget movies are going to go crashing into the ground, and that's going to change the paradigm.''

I admit that I would love to see that happen. Maybe then, we would see studios and producers making smaller, more adult films like they used to before the Comic Con geeks possessed them.

This whole current situation reminds me of the dire situation 20th Century Fox was in after the 1963 release of their gargantuan epic Cleopatra, which cost the studio back then a staggering $42 million dollars (over $320 million in today’s dollars). Fox wound up in such bad shape that it literally shut down production everywhere, closed the studio lot and laid off employees for several weeks until it could regain its financial footing.

We’ve already had After Earth. What will happen with The Lone Ranger (with its reported $250 million budget), Pacific Rim, and Wolverine (and was anybody asking for a sequel to that)?  What happens if they all tank and not even the overseas box office saves them? What will studios do then?

But that's enough of that. As for the other films, despite the very strong competition, the apocalyptic comedy This Is The End scored nicely with just under $33 million, while Now You See Me and Fast and Furious 6 are going strong.

Last week's surprise hit The Purge not surprisingly dropped big, but with $51 million so far against the film's very modest $3 million production cost, it's a huge hit. Of course, Universal has already greenlit a sequel.

1) Man of Steel WB $113,080,000  Total: $125,080,000 
2) This is the End Sony $20,500,000 Total: $32,800,000 
3) Now You See Me LG/S $10,320,000 Total: $80,009,000 
4) Fast & Furious 6 Uni. $9,433,000 Total: $219,574,000 
5) The Purge Uni. $8,201,000 Total: $51,845,000 
6) The Internship Fox $7,000,000 Total: $30,951,000 
7) Epic Fox $6,000,000 Total: $95,429,000 
8) Star Trek Into Darkness Par. $5,660,000 Total: $210,491,000 
9) After Earth Sony $3,750,000 Total:  $54,200,000 
10) Iron Man 3 BV $2,908,000  Total: $399,610,000 
11) The Hangover Part III WB $2,735,000 Total: $107,986,000 
12) The Great Gatsby WB $1,605,000 Total: $139,909,000
13) Before Midnight SPC $1,526,000 Total: $3,198,000 
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26 Comments

  • urbanauteur | June 18, 2013 9:13 PMReply

    And then we'll have Blaxploitation Resurrected ;-)

  • jess | June 17, 2013 2:37 PMReply

    *scratches head* "The Lone Ranger" allegedly cost 250 mil to make? Is dude riding a horse droid and fighting post-apocalyptic zombie superhero aliens now?

  • jess | June 17, 2013 4:06 PM

    Then I think it might be another "John Carter" waiting to happen.

  • sergio | June 17, 2013 3:09 PM

    True. It fact during pre-production Disney actually shut down the project because the budget was ballooning to $250 million and they wanted to trim it to a more "managable" $175 million But it the end it still wound up costing them $250 million

  • Margaret | June 17, 2013 3:13 AMReply

    The problem that no one has mentioned is the studios are not expanding their customer base and creating new customers. It's the same customer base that's paying to see Ironman, Superman, Star Trek and so forth. It's like building a house on sand, it will fall.

  • ICON | June 17, 2013 3:07 PM

    Rocket, nice to see you here!

  • Josh | June 17, 2013 2:45 PM

    The customer base is rather broad, male-female, families, multiple countries; the base is maxed on in the U.S. but the sky is the limit for overseas. Star Trek into Darkness massively improved on the international take of the first one.

  • Rocket | June 17, 2013 1:59 PM

    Exactly. Its like the same movie over and over again. And they are all fighting to see which can be "darker" than the last one. Its cool if you like explosions and what not. But after awhile they all seem like a replay of one another.

  • D.C. Kirkwood | June 16, 2013 10:39 PMReply

    Well atleast my man Dwayne Johnson is benefitting from these big box office films before the implosion. According to Cinemablend his movies this year alone have almost grossed a billion dollars. That puts him in the league with Samuel Jackson. Congrats to him.

  • Donella | June 17, 2013 1:01 PM

    I've been paying attention to Dwayne "The Rock" Johnson's mighty year and I'm happy for him. He worked for it. He should have it.

  • kirk | June 16, 2013 8:23 PMReply

    How bout some black superhero's? DC?

  • Nadell | June 17, 2013 1:06 PM

    I know, right? Every year it is the same, recycled characters. Batman, Superman, Spiderman, Iron Man....the same characters, MAN!
    I'm ready for Black Panther, Misty Knight, Falcon, Aqualad, Bishop, Luke Cage ...
    And for the love of all things, Misty Knight should not be Zoe, Halle or Beyoncé!

  • Savagedarky | June 17, 2013 8:47 AM

    I got an idea for an unlikely movie hero. A native American hero. Call him Wampum Ass and let him go berserk on some suburb off the reservation. Yeah, I'd park my butt in a movie seat for that one. Scalp some tickets too!

  • savagedarky | June 17, 2013 8:43 AM

    Black super hero's? Not likely when the "super white-boy" movie formulas are guaranteed to put butts in the seats no matter what color they are. White folks won't flock to see "Super-nigger" movies. Maybe there's enough brown butts to fill theaters to capacity, but the marketing had better be on point. Bruce Lee filled those seats well, so who knows? How about a black female super hero? Nah, Halle Berry already killed that bitch...dead!

  • Josh | June 16, 2013 9:02 PM

    Probably getting Cyborg. Justice League will have a Quasi-rebooted Green Lantern so I wouldnt be surprised if John Stewart makes an appearence as well.

  • No | June 16, 2013 6:38 PMReply

    I saw Man of Steel: it was dour and gratuitously destructive. I was getting bored by the last battle between Superman and Zod. I will no see Pacific Rim since it the same kind of gratuitous destruction. We seem to be reveling in destroying our own plant as the planet reacts to human over-intervention. Unlike The Avengers, it wasn't fun.

  • Donella | June 18, 2013 12:43 PM

    That was a storyline issue, such as why Superman chose to stop the terraformer in the underpopulated Indian Ocean wasting time with the metallic dragon (whatever it was) first rather than the terraformer attacking densely populated Metropolis. That makes no sense.

  • Blackseed | June 17, 2013 3:45 PM

    @Josh
    Personally, luring Zod away from the city would have added nothing for me.

  • Josh | June 17, 2013 2:52 PM

    Not sure if luring Zod away from the city would work because the destruction of his plans left no more motivation than to just make Superman suffer by hurting humanity. Supes could fly off and he would just stay there and level the city. On one hand it was destructive, on the other its probably what would happen in real life as opposed to the little bit of rubble in the Avengers.

  • Blackseed | June 17, 2013 2:38 PM

    Although I enjoyed Man of Steel, the destruction was massive. But why would other movies get a pass for mass destruction but this one doesn't?

  • Donella | June 17, 2013 12:59 PM

    Very gratuitous, extended, and prolonged sequences of careless, irresponsible, and violent destruction in Man of Steel. It was an endless 9/11-type display of truck throwing, planes falling from the sky, planes tearing through buildings, trains hurled into buildings, a twenty-mile radius of buildings collapsing. No acknowledgement of the thousands of lives that must surely have been lost in the storyline. Richard Donner took care with Superman II to show Superman's compassion and refusal to participate in the collateral damage of human lives when fighting Zod's team. Superman flew away to lure them away from populated areas. And Michael Shannon is no Terrance Stamp, all that crazy shouting. I did like Russell Crowe as Jor-El, but I usually do like Russell Crowe.

  • sergio | June 16, 2013 7:43 PM

    I was bored by the entire film. The last 45 minutes made it unbearable

  • LeonRaymond | June 16, 2013 6:30 PMReply

    Agree 100% -They are too deep into their own path to turn back. Way way too many films over 200 Mil -It won't affect the Black Filmmaker or filmmaker of color those folks spending that amount would not even know how to do a superb film like MOTHER OF GEORGE !

  • Donella | June 16, 2013 3:00 PMReply

    I'm disturbed by the amount of destruction and violence we've yet to finish this summer ON SCREEN. We've started the summer off with the world being destroyed with Oblivion and After Earth and This is the End. Partial destruction with Star Trek and Iron Man and Man of Steel and Olympus Has Fallen. More surround sound destruction to come with World War Z, White House Down, and Elysium. It's putting me off my popcorn.

  • MIKTAL | June 16, 2013 3:41 PM

    Totally agree, but you forgot Pacific Rim too. Judging by the trailers this will be the Summer`s worst offender.

  • Josh | June 16, 2013 2:40 PMReply

    I think the superhero stuff if done decently will always be a good investment. They have themes of knighthood and adventure that are universal in all cultures. Its blowing 200 mill on things like Battleship that could bring it all down.

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