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Lions Gate Entertainment Corp. Message Board

  • lagunadan92677 lagunadan92677 Nov 19, 2012 12:56 AM Flag

    Box Office Mojo Weekend Report

    "The Twilight Saga: Breaking Dawn Part 2's estimated $141.3 million ranks eighth all-time and fourth in 2012 behind The Avengers, The Dark Knight Rises and The Hunger Games. Among Twilight movies, it wound up slightly ahead of predecessor Breaking Dawn Part 1 ($138.1 million), but a tad below New Moon's franchise-best $142.8 million."

    "On Friday, Lionsgate/Summit passed the $1 billion mark for the first time in the company's history, and is now at over $1.1 billion. For 2012, it's going to finish ahead of 20th Century Fox and Paramount, both of which are part of the traditional "Big Six" studios. "

    Sentiment: Strong Buy

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    • Actual weekend: $141,067,634

      Sentiment: Strong Buy

    • Studios set annual theatrical ticket sale records

      The opening weekend theatrical success of The Twilight Saga: Breaking Dawn 2 coupled with the follow-up of Skyfall helped Lionsgate and Sony Pictures achieve separate annual theatrical revenue milestones.

      The estimated $141.3 million gross for the final Twilight installment of the popular teen vampire franchise contributed to Lionsgate surpassing $1 billion at the domestic box office for the first time in its history.

      The Santa Monica, Calif.-based mini-major’s fiscal dream-year (with the Summit Entertainment acquisition) includes The Hunger Games, with more than $408 million in ticket sales, The Expendables 2 ($85 million); Tyler Perry’s Madea’s Witness Protection ($65 million); The Possession ($49.1 million); Sinister ($47.4 million); The Cabin in the Woods and What to Expect When You’re Expecting ($82 million combined); Tyler Perry’s Good Deeds ($35 million); One For the Money ($26.4 million); Step Up Revolution ($35 million); Alex Cross ($25.2 million); and Man On a Ledge ($18.6 million).

      Lionsgate traditionally over-indexes the industry in box office to home entertainment conversion revenue. The studio earlier this month said the box office to disc conversion rate for Hunger Games would rival the rate for The Twilight Saga: Breaking Dawn 1 and Disney/Marvel’s The Avengers. More than 40% of Games’ disc sales have been Blu-ray – data that suggests robust packaged media and digital revenue when Breaking Dawn: Part 2 is released at retail in 2013.

      “We have high expectations [for Hunger Games] through the holiday season starting with a Black Friday promotion through the end of the year,” Steve Beeks, president of the motion picture group and home entertainment, said earlier this month.

      Meanwhile, Sony, following strong second weekend ticket sales for the latest James Bond installment, topped $4 billion in global box office for the first time in the studio’s history.

      Contributing titles included The Amazing Spider-Man ($754 million), Men in Black 3 ($624 million) and Hotel Transylvania ($270 million), in addition to Resident Evil: Retribution ($221.8 million), The Vow ($196 million), 21 Jump Street ($201 million), and Underworld: Awakening ($160.1 million), among others.

      “Exceeding $4 billion globally is a true rarity in this industry and it’s an extraordinary accomplishment for all of us at Sony Pictures,” Jeff Blake, chairman of worldwide marketing and distribution, Sony Pictures, said in a statement.

 
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