{"id":78440,"date":"2011-12-11T11:17:39","date_gmt":"2011-12-11T18:17:39","guid":{"rendered":"http:\/\/www.shockya.com\/news\/?p=78440"},"modified":"2011-12-11T11:17:39","modified_gmt":"2011-12-11T18:17:39","slug":"box-office-report-new-years-eve-throws-a-weak-party","status":"publish","type":"post","link":"https:\/\/www.shockya.com\/news\/2011\/12\/11\/box-office-report-new-years-eve-throws-a-weak-party\/","title":{"rendered":"Box Office Report: New Year's Eve throws a weak party"},"content":{"rendered":"

The box office results for the weekend of December 9th-11th has two newbies leading a very mediocre top ten. Meanwhile, studios are now focused on making their final push for a strong holiday season at cinemas, as they prep their award contenders for release over the next couple weeks. Here are the studio estimates:<\/p>\n

1. New Year’s Eve ($13.7 million)<\/p>\n

2. The Sitter ($10 million)<\/p>\n

3. The Twilight Saga: Breaking Dawn – Part 1 ($7.9 million)<\/p>\n

4. The Muppets ($7 million)<\/p>\n

5. Arthur Christmas ($6.6 million)<\/p>\n

6. Hugo ($6.1 million)<\/p>\n

7. The Descendants ($4.3 million)<\/p>\n

8. Happy Feet Two ($3.7 million)<\/p>\n

9. Jack and Jill ($3.2 million)<\/p>\n

10. Immortals ($2.4 million)<\/p>\n

Analysis <\/p>\n

One of the worst reviewed movies of the year – by both the lovely critics and audiences – is probably not going to benefit from a themed holiday run. “New Year’s Eve”<\/strong> had a production budget of $56 million and will need to gather over $100 million at the box office to see any profits for Warner Bros.\/New Line. This is already on Flop Alert<\/strong>. It’s only saving grace is a strong DVD and On-Demand run; that is, if anyone still remembers this in 2012. Comparatively, the carbon-copy “Valentine’s Day” opened at $56 million earlier in 2010. Apparently no one can afford, or wants, to dip into their Christmas budget on a formulaic product.<\/p>\n

“The Sitter”<\/strong> is also off to a rough start, but the budget here was just $25 million for the Jonah Hill R-rated piece. If 20th Century Fox can come close to breaking even on this in theaters, perhaps an over-achieving home video run could salvage some of the costs for this under-promoted flick.<\/p>\n

Sleeper Hit:<\/strong> “Immortals.” As of today, the epic action-piece has conquered the international box office, bringing its worldwide total to just over $181 million. Considering this product rang up a $75 million production bill, Relativity Media has a surprising winner to help cap off a roller-coaster 2011 for the studio.<\/p>\n

And while “Immortals”<\/strong> has spent 5 weeks in the top ten, same can be said for Adam Sandler’s “Jack and Jill.”<\/strong> While that sounds impressive, the comedy (allegedly) sits at $68 million stateside and is getting limited help from international markets at the moment.<\/p>\n

Just in case anyone was curious, “Paranormal Activity 3’s”<\/strong> worldwide total crossed the $200 million mark ($201). The third installment is the highest grossing in the franchise, though it could not dethrone the first flick’s domestic total of $107.9 million. Part 3 sits at $103.5 on the domestic front. It’s budget was a mere $5 million.<\/p>\n

This Friday has the tentpoles invading just in time for Christmas. “Sherlock Holmes: A Game of Shadows”<\/strong> and “Alvin and the Chipmunks: Chipwrecked”<\/strong> will score high profits for their respective studios. “Mission: Impossible – Ghost Protocol”<\/strong> sneaks on a limited release in about 400 theaters prior to its wide release the following week. And Paramount will spread its “Young Adult”<\/strong> to theaters across the country as well, in hopes of garnering voter’s attention. Reviews will be right here my fellow Shockers.<\/p>\n

By Joe Belcastro<\/p>\n

\"New<\/a>
Prime example of a weak party.<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

The box office results for the weekend of December 9th-11th has two newbies leading a very mediocre top ten. Meanwhile, studios are now focused on making their final push for a strong holiday season at cinemas, as they prep their award contenders for release over the next couple weeks. Here are the studio estimates: 1. […]<\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8,1],"tags":[200,21707,20835,11851,21710,18383,13993,18177,3683,17903,8448,15696,18221,15830,16001,13958,15613,3925,16101],"class_list":["post-78440","post","type-post","status-publish","format-standard","hentry","category-movies","category-news-release","tag-adam-sandler","tag-alvin-and-the-chipmunks-chipwrecked","tag-arthur-christmas","tag-box-office","tag-happy-feet-two","tag-hugo","tag-immortals","tag-jack-and-jill","tag-jonah-hill","tag-mission-impossible--ghost-protocol","tag-new-years-eve","tag-paranormal-activity-3","tag-sherlock-holmes-a-game-of-shadows","tag-the-descendants","tag-the-muppets","tag-the-sitter","tag-the-twilight-saga-breaking-dawn-part-1","tag-valentines-day","tag-young-adult"],"apple_news_notices":[],"yoast_head":"\nBox Office Report: New Year's Eve throws a weak party<\/title>\n<meta name=\"description\" content=\"The box office results for the weekend of December 9th-11th has two newbies leading a very mediocre top ten. 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