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October 19, 2007
Box Office Hell - October 19

I usually don't comment on this feature, but I feel the urge today... WHAT A MESS!
I don't recall as much of a blurry, heaving group of guesses in the history of Box Office Hell. Maybe it's that the trades and the LA Times seem to want to join the prediction business lately. Maybe it's that some "box office geniuses" have stopped embarrassing themselves weekly by running hard numbers. Maybe it's that EW isn't tracking indies... though I have to say, their guesses on the indies are closer to my personal notions while their notion on one studio release has my head swimming.
The top new title has guesses with a range of $3.9 million or 17%. The Comebacks has an $8.1 million spread. Rendition, $3.7 million or 34%. $3.2 million or 35% on Gone Baby Gone. Only Things We Lost In The Fire seems to have relative consensus.
So what will the people who love to write, "Movie X didn't meet industry expectations," either higher or lower, write on Sunday afternoon?
Posted by poland at October 19, 2007 10:51 AM
Comments
EW in particular seems to just pluck numbers out of thin air. I still remember how about a month ago, they had the Brave One at $28m+! while everyone else had it at 16ish.
Anyway, I'm so sick of this, when did we all become so obsessed with profit-earnings of products we have no stake in? I wish more people would discuss the actual merit of the movie instead of it's box-office. Maybe that's just a wish for fantasy land now...
Posted by: Andrew
at October 19, 2007 11:49 AM
Andrew, I agree. The only stats that we should watch for are of those independent movies in limited releases. If they're successful, then we all can see them in theater nationwide and if not, DVD. I don't really care if some lame vampire movie gets 22 mil instead of 18 mil this weekend.
Posted by: waterbucket
at October 19, 2007 11:56 AM
If you want to take the angle of questioning Box Office receipts, I wonder if you question peoples interest in sports. After all, you or I don't play on X sports team. I don't have to abide by what their coach or manager says. If they win or lose, I can still go about my business, etc etc.
The thing that many find so interesting about the Hollywood Box Office is how the amount of money that a studio will spend on a budget, promotional materials can either pay off in an opening weekend or the general run of a movie. To that point it's like a painfree gamble. None of us lose our money or pants because we guessed, estimated, or projected the incorrect 3 day gross of a movie. I started caring about the B.O. when Titanic came out in 1997. There were less avenues to get news from back then, but I was slightly aware of the troubles that Fox and then Paramount were going through with that movies production. I remember them pushing it from the summer to the winter, and the subsequent reporting of how dim it's prospects looked. Everyone is well aware of how incredible it's run was after it opened and I was truly hooked at that point.
It's so interesting that a studio can spend $300 mil on a movie, have it open to near $160 mil, and at the end of the day finish at $330 domestic. Factor in the international sales and a profit, however slight it is, is finally seen.
On the flipside, it's just an interesting to see studio can spent $100 mil on a movie that flames out completely doesn't get close to half of it's budget. It leads to discussions of what were they thinking when they greenlit this movie? Why did they think it would perform better than it ultimately would? What must they do to recover their money...?
There's a lot of discussion here or on other sites about the merit of particular movies. I think it's silly to get loopy when one of the important stories to run with over the weekend is the monetary performance of new and old movies. If you like Gone Baby Gone and want more movies like it, you should give a damn about how good or bad it does this weekend. You should care if it does well enough to hold onto or expand it's audience in the following weeks/months. Comparatively, if you want less movies like The Comebacks taking away screens from "Jesse James" or even "Gone Baby Gone", then hope that it does poorly. You don't to campaign against the Comebacks, but if it tanks, the studio wont be willing to fund another similar movie. The people behind the camera will have to find something different or better to do, and then everyone will be better off because of it.
What people will or will not decide to see with their money is always an interesting thing, so I'm sorry if you don't feel that way.
Posted by: NickF
at October 19, 2007 12:32 PM
Do they ever report the earnings from national sneak peeks? The last one I saw was The Kingdom, and this weekend it's Dan in Real Life. Steve Carrell + kids + romantic comedy = success?
Posted by: White Label
at October 19, 2007 02:09 PM
I believe in America the numbers from sneaks are tacked onto another film by the same studio. I could be wrong though. In Australia movies in mere "sneak" mode often make the top ten. Hell, The Devil Wears Prada debuted at #2 in sneaks alone before moving up to #1 a week later when it was officially released.
I do laugh whenever people go on those "why do we care so much about box office". We care about box office because it effects everything in the short and long run. If Gone Baby Gone debuts with $1mil then Affleck's career is good as dead. If it makes $7mil then that's quite handy.
If Rendition mades a lot of money then perhaps it means movies that deal with Iraq are getting more popular or whatever the spin is. etc.
As NickF said, it's just like sport.
Posted by: KamikazeCamelV2.0
at October 20, 2007 01:57 AM
It's not quite like sports - we rarely hear about sports team attendance numbers or revenues, which are clearly important to a team's health and the players' value. If there was some objective, financial way to determine how much people actually liked the movies they see aside from box-office, things would be different. Of course, that would only happen in some fantasyland.
Posted by: jeffmcm
at October 20, 2007 02:33 AM
Hey, David, why don't you put your fucking money where your mouth is? It's easy enough to sit in your armchair and yell at the baseball player who strikes out or misses a catch or gets thrown out on base, but there's no merit in your remarks unless you've proven that you can hit, catch and run better than them. You mouth on everything else, so why not throw your hat in the ring and post some predictions on Friday? Or better yet, why don't you do them on Tuesday or Wednesday when I usually have mine up?
From your recent posts, you obviously think this is an easy thing to do week-in-week-out and as someone who has had a pretty good track record besides what's obviously going to be an off week (way overpredicted everything), I find it deeply offensive that you would use a weekend like this one to attack me and the others who do this regularly. I can't speak for anyone else but I know the time and care and research I put into my numbers every week and it's far more than "guesswork" or randomly picking numbers out of my ass.
The last few weekends, as is always the case when there are this many movies (including two I knew nothing about), have been really tough, and tracking has especially screwed with everyone because at least this week, tracking showed interest for movies like Comebacks and Rendition where obviously (from early numbers) there was none. I probably would have gone lower on both those without that info, but I never would have expected Rendition to average less than $2k per theatre, not with the amount of advertising I've seen.
But to have to wake up to see how bad everything did and then see your abuse on top of it really burns my britches.
Like I said before, if you can do better, no one is fucking stopping you.
Posted by: EDouglas
at October 20, 2007 04:16 AM
Well, Ed...
First, who attacked you?
Do you consider noticing that this week's guesses were all over the place? Is there something wrong with observing that?
Secondly, I did do guessing for years. And I was pretty good at it. Like everyone else, I f-ed up at times, but overall, my record was as good as anyone else's. And then, I stopped, because I realized that it was all just a carny trick and what was the point?
That said, we obviously think it is interesting enough to our audience to continue to post this feature on MCN... notably the only place that gathers prognosticators outside of our own employees. That would be something like showing you and the others respect. It is also suggesting community.
I far prefer it to the one or two idiots who continue to claim insight because some fool at some studio gave them tracking numbers. And as I wrote, some of those people have stopped predicting hard numbers because they were embarrassed to be called out on it, simply by people reading their claims, each week.
So I don't know what you are so riled up about. I stopped doing it - in public - because it stopped being of interest to me. I recognize that it is interesting to others. I don't think I was insulting to you. Sorry you didn't see Rendition coming. I said at lunch yesterday that I would be shocked if it did 6... but I guess that number is too high too. Happens.
Posted by: David Poland
at October 20, 2007 10:30 AM
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