Sunday, June 30, 2024

WORLDWIDE BOX OFFICE FOR THE WEEK ENDING JUNE 30, 2024

 WORLDWIDE BOX OFFICE WEEK BY WEEK FOR 2024 

Here's a week by week tracking of box office around the world. It is compiled by pulling from every possible source: ComScore, Box Office Mojo, Variety, Hollywood Reporter, Deadline, charts for countries like China and India and South Korea, individual stories in trade or general interest newspapers, Wikipedia and anywhere else discussing box office around the world. 

The weekly charts contain the total gross for every movie in theaters around the world during those seven days. If a movie opens on a Thursday, we include all the box office from Thursday through Sunday. If it opens on a Tuesday night, we cover all six days. If it opens on a Sunday (as some movies do in India or wherever, depending on holidays), then we include the box office for that one day. If a movie was released before the current week, we include the box office for all seven days. Why ignore the box office from Monday through Thursday, as most charts do when tallying the latest weekend and focusing on new releases? 

How do we arrive at this number? We take the total worldwide box office we have for a movie, subtract from it the previous week's total worldwide box office...and that's how much it made during the past seven days. Naturally, territories and movies sometimes fall through the cracks but we are as up to date as we can be, given our dependence on other outlets for the basic info. So here we go....


WORLDWIDE BOX OFFICE FOR WEEK ENDING JUNE 30, 2024 


A film's total gross for the entire previous week is followed by its worldwide total to date.


1. Inside Out 2 –– $290m/$1,015m worldwide total

2. A Quiet Place: Day One –– $99m ww debut

3. Kalki 2898 A.D. –– $66m debut

4. Bad Boys: Ride or Die –– $43m/$332m ww

5. Moments We Shared –– $31m/$51m ww

6. Despicable Me 4 –– $16m/$25m ww

7. Horizon: An American Saga Chapter 1–– $11m ww debut

8. Customs Frontline –– $11m ww debut

9. The Bikeriders –– $10m/$24m ww


10. The Garfield Movie –– $9m/$240m ww

11. Life Hotel –– $6m ww debut

12. Kingdom of the Planet of the Apes –– $4m/$389m ww

13. Haikyu! The Dumpster Battle –– $3m/$133m ww

14. Jatt & Juliet 3 –– $3m ww debut

15. If –– $3m/$184m ww

16. Thelma –– $3m/$5m ww

17. Hijack 1971 –– $3m/$7m ww

18. Handsome Guys –– $3m ww debut

19. Be My Friend –– $3m/$29m ww

20. The Exorcism –– $2m/$6m ww


21. Reversed Destiny –– $1m/$4m ww

22. Kinds of Kindness -- $1m/$3m ww

23. The Fall Guy –– $1m/$173m ww

24. The Watchers –– $1m/$31m ww

25. Tarot –– $1m/$48m ww

26. Furiosa: A Mad Max Saga –– $1m/$169m ww


Bold: movies that have tripled their reported budgets.

This makes them likely hits from box office alone.


NOTES 


3. Kalki 2898 AD is a $75m Indian Telugu sci-fi film. It may be the most expensive Indian film (not adjusting for inflation) in history, certainly the most expensive film made in the Telugu language. It's one more sign that the strength of Indian cinema (which is slowly rebounding) stretches way beyond Bollywood (Hindi-language films). 


8. Customs Frontline is a Hong Kong thriller, possibly in previews.  Another action film from HK scores solid numbers, a turnaround since HK films were faring poorly in the mainland of China for awhile. 


11. Life Hotel is a Chi drama set in old folk's home? Care facility? The trailer is a little confusing on this one. It's a comic crime film maybe set in a care facility of some sort. 


14. Jatt & Juliet 3 is an Indian Punjabi rom-com. The three films in the Jatt & Juliet franchise are rom-coms starring the same two actors but each is described as a "spiritual" sequel, that is, not necessarily the same characters or storyline. Anyway, the first two became the highest grossing films of all time in the Punjabi language and of course they hope to keep the streak going. 


18. Handsome Guys is a Korean action comedy. 


ANALYSIS 


China's box office for the first half of 2024 is $3.4b, down modestly from one year earlier (some 9%). 

The North American box office is $3.6b, down 19% from 2023. 


A Quiet Place: Day One will quickly enter the winner's circle since it is guaranteed to triple a $70mb by hitting at least $210m worldwide. Didn't someone just say prequels don't work? 


A reminder: we call a movie a hit from box office alone when it triples whatever reported budget is widely accepted. (As always, we take into account pickups, massive marketing budgets etc., suspiciously low budgets –like the $100mb reported for Bad Boys 4 since we know that doesn't include backend for Willl Smith and Martin Lawrence and so on and so forth. It's alk guesswork!) Further, we know many movies become profitable thanks to a long life in streaming, rental, sales, cable reruns and so on. Movies that don't triple their budgets at the box office aren't losers, necessarily; they just aren't outright winners from theatrical alone. Unless a studio wants to open their books for us, this is the best we can do in determining winners. 


In any case, director Michael Sarnoski is a major new talent. He wrote and directed Pig starring Nicolas Cage in 2021. It cost about $3mb and grossed $3.9m. Guess what? That makes it a commercial winner, since such a modest budget and the big name of Cage and good reviews mean this will be a valuable addition to anyone's film library thanks. Now Sanorski delivers A Quiet Place: Day One by co-writing the story (with John Krasinski) and then writing and directing on his own a big hit starring Lupita Nyongo. This was by no means a slam dunk since it doesn't star Krasinski and it's a prequel, which everyone was just yelling don't work, because Furiosa was a flop. Uh-huh. So Sanorski is a self-contained talent (writer and director) who has indie cred and comfortable with franchises and action. Everyone will want to work with him, so it will be fascinating to see if he leverages this to take on a bigger franchise/pre-sold property or create something for scratch. 


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