BOX OFFICE: ‘Inception’ Kicks the Competition

It is pretty obvious after the first weekend that Inception won’t be catching up to Toy Story 3 to become the top movie of the summer. However, it did jump to an impressive opening in a summer that has been filled with Box Office bombs. Even more impressive was that Lisa Cholodenko’s The Kids Are All Right nearly made it into the top ten despite being released in only 38 theatres in the country. The per theatre average for the film was higher than Inception‘s with an impressive $27,026. Check out the rest of the weekend’s top ten.

Box Office Estimates
July 16-18, 2010

1) Inception (3,792 theatres)
ESTIMATE: $60.4 million

Nobody expected Christopher Nolan’s mind-bending thriller to do anywhere near the type of business that The Dark Knight did. This is definitely the type of movie that deserves to be seen more than once and expect it to decent business in the coming weeks thanks to repeat viewings and positive word of mouth.

Read My Review

2) Despicable Me (3,501 theatres)
ESTIMATE: $32.73 million

Despite facing the competition of a huge film like Inception, Despicable Me only lost 42% in its second weekend. It has sufficiently passed the $100 million mark and will likely pass the $200 million mark before its run is over making it one of the biggest successes of the summer.

3) The Sorcerer’s Apprentice (3,504 theatres)
ESTIMATE: $17.37 million

To be honest, I’m impressed that this movie was even in the top five. I’d completely forgotten that it was getting released this weekend. There is no way that it is going to earn back its $150 million budget in domestic gross. Perhaps Nicolas Cage will start getting less blockbuster work and go back to smart adult-themed films.

4) The Twilight Sage: Eclipse (4,001 theatres)
ESTIMATE: $13.5 million

It’s the movie in the most theatres, but it earned just barely enough to beat out Toy Story 3. Nevertheless, the film is still at a $264 million cumulative gross and quickly approaching Iron Man 2 to become the second highest grossing movie of the summer.

5) Toy Story 3 (3,177 theatres)
ESTIMATE: $11.74 million

With a cumulative gross of $362.71 million, Toy Story 3 is now the 15th highest grossing movie of all-time. Anybody have the over under on how many weekends before it hits $400 million? I’m going with 2.

6) Grown-Ups (3,074 theatres)
ESTIMATE: $10 million

This comedy was the film in the top ten that decreased the least this week and managed to maintain its same position as last weekend. I don’t understand how a film like this can be successful. I just don’t.

7) The Last Airbender (2,805 theatres)
ESTIMATE: $7.45 million

The film is dropping in popularity fast, but that doesn’t discount the fact that it has already earned over $100 million. M. Night Shyamalan’s career may not be dead after all.

8) Predators (2,669 theatres)
ESTIMATE: $6.8 million

With a drop of 72% in its second weekend, Predators has the largest drop of any movie in the top ten this week. The good thing is that it has already made back its $40 million budget.

9) Knight & Day (1,925 theatres)
ESTIMATE: $3.7 million

The Tom Cruise/Cameron Diaz duo will enjoy one more weekend in the top ten. Next weekend’s slew of releases should be enough to knock them out.

10) The Karate Kid (1,532 theatres)
ESTIMATE: $2.2 million

I was hoping that the limited release films Cyrus or The Kids Are All Right would fill in the tenth spot this weekend, but instead The Karate Kid makes it 6 weeks in a row in the top ten. An impressive $169 million earnings on a $40 million budget ensures that there will be an almost guaranteed sequel.

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  • “The Kids Are All Right” will be there. It’s opening in a ton of new theaters this week, which means I might actually get to see it finally.

    When can we expect your review, anyway?

  • Tomorrow, hopefully! Just got done seeing it. Astounding.

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