December 03, 2009

"New Moon" is expected to make $17 Million this weekend

According to HollywoodInsider, "New Moon" is expected to earn $17 million this weekend, trailing behind Sandra Bullock's movie "The Blind Side."

It’s a rare box-office treat when a film that has been in release for two weeks is destined to hit the number one spot at the box office. But The Blind Side has been a surprise since it debuted opposite New Moon two weeks ago to a solid $34 million and then did the unthinkable, which is gain 18% of its audience its second frame. Now the Sandra Bullock-starrer has earned a robust $105 million and is destined for a number one slot this weekend. It helps that the weekend following Thanksgiving is traditionally a slow one in theaters. Hollywood usually turns it over to the malls and its shoppers. But that bodes well for the holdovers. New Moon is likely to tumble again significantly its third weekend in theaters, but with $236 million already in the bank, another steep drop is to be expected. There are four new releases vying for placement at the box office derby but the only one with a real chance for the Top 5 is Screen Gems’ PG-13 rated heist flick Armored. Neither the Robert De Niro-starrer Everybody’s Fine nor the Tobey Maguire-Natalie Portman-Jake Gyllenhaal three-hander Brothers is likely to crack the top five. It’s interesting that both of the Oscar bait pictures Fine and Brothers are being released wide this frame. Conventional wisdom would suggest they’d open small and expand. Read on for my predictions.

1. The Blind Side: $24 million

The Blind Side is likely to hold in well this weekend and a 40% drop would put its total domestic gross at $130 million, quite a feat for a movie that cost $30 million. This feel-good tale from director John Lee Hancock (The Alamo) is resonating particularly well with audiences in smaller markets. The combination of football and charity seem to be just what they ordered this holiday season.

2. The Twilight Saga: New Moon: $17 million

New Moon is destined to cross the $250 million mark this weekend, trouncing Twilight’s total domestic gross with room to earn more. That’s another remarkable story for a film that sparks such deep emotion both for and against. It’s no wonder Summit is pondering two films with Stephenie Meyer’s final book Breaking Dawn. With this kind of cash, why would they ever stop?

Source: HollywoodInsider


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