Box Office Week: Universal continues its record winning streak with “Straight Outta Compton” doing incredible business debuting at #1 with $56 million. Meanwhile, “The Man from U.N.C.L.E.” disappoints at #3 with $13.5 million.
Top Five of the Week:
Domestic Gross (Weekend)
Worldwide Gross (All Time)
Straight Outta Compton
Mission: Impossible – Rogue Nation
The Man from U.N.C.L.E.
Notable Box Office Stories:
Straight Outta Compton is continuing Universal’s unprecedented winning streak. The film debuted with the same numbers as MI:5 and Ant-Man but with 1/4 of the budget at $29 million. That is a massive take that will hopefully make waves in Hollywood’s reluctance to make heavily marketed black leading films. The real test will be internationally where black led films tend to fair poorly but the predominance of rap culture in certain foreign markets could push the film into $300 million territory.
The incredible success of Universal cannot be overstated this year. Not only does it have the record for the highest worldwide gross for a single studio ever, but with Compton’s amazing debut it is now only the second studio ever to pass the $2 billion in a year domestic mark. The last time was Warner Bros. who made $2 billion domestic in Decemeber of 2009, and now Universal has beaten that record by four months. Not only have they had massive hits with blockbusters like Jurassic World and Furious 7, but they’ve also had great low-medium budget successes with Fifty Shades of Grey and now Straight Outta Compton. While most of their big project earners have come out they still have The Visit, Everest, Steve Jobs, Crimson Peak, Jem and the Holograms, and Sisters to come out which could all potentially be a hit.
The Man from U.N.C.L.E. did not fair so well, making only $13 million off it’s $75 million budget. Unfortunately Armie Hammer and Henry Cavill were not big enough stars to revive the 60s cult TV series. It’s clear there probably won’t be a sequel, what is unclear is what will happen with Guy Ritchie who seems to only make money when he’s with a major star (Brad Pitt in Snatch, RDJ in Sherlock Holmes).
Films Reddit Wants to Follow
This is a segment where I keep a weekly tally of currently showing films that aren’t in the Top 5 that fellow redditors want updates on. If you’d like me to add a film to this chart, PM me your request.
Mad Max: Fury Road
Avengers: Age of Ultron
As always /r/boxoffice is a great place to share links and other conversations about box office news.