Shepperton Studios Development Details Revealed: $640M Expansion Planned For UK Studio

Read on: Deadline.

EXCLUSIVE: The UK’s Shepperton Studios has submitted plans for a $640M (£500M) redevelopment and expansion of its production facilities in Surrey, England.
The planning application has been lodged with Spelthorne Borough Council seeking consent f…

‘Mamma Mia! Here We Go Again’ Proves Power of Women at Box Office

Read on: TheWrapTheWrap.

While it’s not quite the stealth megahit of its 2008 predecessor, “Mamma Mia! Here We Go Again” has done what Universal intended for it to do: serve as an alternative for female audiences from the likes of “Mission: Impossible – Fallout” and “The Meg,” as the ABBA musical sequel quietly passed $100 million at the domestic box office during its fourth weekend in theaters.

The numbers for the film also continue a firmly established trend at the box office: while fewer mid-budget films have managed to stand out on the box office charts, a film with a $60-80 million budget can make its money back if a studio can successfully hit a demographic that many blockbusters ignore: Gen X and baby boomer women. Such was the case when “Mamma Mia!” grossed $609 million worldwide a decade ago, and the same is true with “Here We Go Again,” as it hits $280 million worldwide against a $75 million budget.

Also Read: Time’s Up, USC Launch Diversity Database for Critics and Entertainment Reporters

According to data from Movio, the film’s opening weekend — which was just under $35 million — was at first dominated by younger women and group/family audiences. Over 25 percent of tickets sold on opening day were sold in groups of two or more, with the average age sitting at 37.

But starting on the film’s opening Saturday and continuing through the rest of the weekend, the film’s audience heavily skewed older. After Saturday and Sunday, the average age for the entire opening weekend rose to 46. While recent musicals like “La La Land” and “The Greatest Showman” had audiences that were more equal in terms of gender and age breakdown, the audience for “Here We Go Again” over the past month has been more than two-thirds female, with 47 percent of the audience being women age 40 or over.

On top of that, Movio says that the audience for “Here We Go Again” had a higher percentage of infrequent moviegoers — those who go to the movies less than four times a year — than the national average. Whether it’s because of its musical appeal or a cast that includes Colin Firth, Cher and Meryl Streep, this film is reaching out to a large audience that generally doesn’t go to a specific film in such large numbers… which is exactly why Universal gave this sequel the green light.

We saw this trend earlier in the year with Paramount’s “Book Club,” a film starring several boomer actresses like Jane Fonda and Diane Keaton, a film that the studio bought for $10 million and made a solid profit as older women drove the film to a $68 million theatrical run.

Also Read: ‘The Meg’ Devours Box Office With Unexpected $44.5 Million Opening

And while it’s for a different demographic, we should see something similar when “Crazy Rich Asians” hits theaters next weekend. Just as women over 40 showed up for “Mamma Mia!” way above the average for their age group, Asian audiences are expected to heavily overrepresent for Jon M. Chu’s film even as they account for just six percent of all tickets sold domestically last year.

In other words, representation matters, whether it’s ethnicity, age or gender. And if a studio has a quality film that fills that representation demand, it won’t need a microbudget or a name-recognition franchise to turn a profit.

Related stories from TheWrap:

‘The Meg’ Devours Box Office With Unexpected $44.5 Million Opening

‘Mamma Mia! Here We Go Again’ Is ‘Charming’ and ‘Joyful,’ Critics Say

Mamma Mia! Here We Go Again’ Film Review: Lily James Makes Up for Near Absence of Meryl Streep

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‘Mission: Impossible – Fallout’ Ignites Record $92M Overseas, $153.5M Global Bow – International Box Office

Read on: Deadline.

Refresh for latest…: Paramount Pictures/Skydance’s Mission: Impossible – Fallout has opened to an action-packed $153.5M worldwide, repping the best start ever for the Tom Cruise franchise. Of that, $92M comes from the international box offi…

‘Mission: Impossible – Fallout’ Lands Series-Best $61.5 Million Opening

Read on: Variety.

Tom Cruise has pulled off one of his most successful missions yet. Paramount’s “Mission: Impossible – Fallout” launched with $61.5 million when it opened in 4,386 locations, marking a franchise-best debut. That title was previou…

‘Mission: Impossible – Fallout’ Sneaks to No. 1 at Box Office With $61.5 Million Opening

Read on: TheWrapTheWrap.

Paramount’s “Mission: Impossible – Fallout” has gotten off to a strong start at the box office, hitting tracker expectations with a $61.5 million opening weekend from 4,386 screens.

While previous installments in the Tom Cruise action series have had higher openings after inflation adjustments are made, this is the highest raw opening for a “Mission: Impossible” film, topping the $57 million launch for the 2000 sequel “Mission: Impossible II.” It’s also the second highest opening of Cruise’s career — only “War of the Worlds” tops it with $64 million — and is the highest opening for a Paramount film since “Teenage Mutant Ninja Turtles” in 2014.

Critics have praised “Fallout” as the best installment of the “M:I” series, scoring 98 percent on Rotten Tomatoes, and it is the first “M:I” film to earn an A on CinemaScore. On the premium format side, IMAX is reporting that 12 percent of the movie’s domestic gross came from their screens, with $7.5 million grossed on 406 North American IMAX screens and an additional $5 million grossed overseas.

Also Read: ‘Mission Impossible: Fallout’ Film Review: Cruise-ing for Bruising Action in This Jam-Packed Six-Quel

In a distant second is Universal “Mamma Mia!: Here We Go Again,” which earned $15 million in its second weekend. While that gives the jukebox musical a solid 10-day total of $70 million, the weekend total is lower than the $17.7 million second weekend made by the first “Mamma Mia!,” and the sequel faced a 57 percent drop-off from its $34.9 million opening compared to 36 percent for its predecessor. It has a global total of $167 million with releases several more countries, including China, coming next weekend.

“The Equalizer 2,” meanwhile, took a 61 percent drop from its $36 million opening to finish third this weekend with a $14 million total. While the Denzel Washington crime thriller has a production budget less than half that of “Mission: Impossible – Fallout,” the presence of the much more popular “M:I” in theaters will likely weigh down numbers for this Sony release, which has a 10-day total of $64 million.

Completing the top five are Sony’s “Hotel Transylvania 3” and Warner Bros.’ “Teen Titans Go! to the Movies,” with “HT3” earning $12.2 million in its third weekend to beat the opening of its animated DC competitor and bring its domestic total to $119 million.

Also Read: ‘The Equalizer 2’ Film Review: Denzel Washington Returns as a Thinking Man’s Action Hero

“Teen Titans Go!,” meanwhile, was expected by trackers to open around $14-15 million but will finish below that with a $10.5 million launch. But making money back on this Cartoon Network adaptation won’t be hard as it was made on a $10 million budget with a thrifty marketing spend that focused mostly on digital ads. Critics gave the film a 90 percent on Rotten Tomatoes, with audiences giving it a B+ on CinemaScore.

Outside the top 10, “Ant-Man and the Wasp” has passed the domestic total of its 2015 predecessor, making $8.4 million in its fourth weekend to bring its total to $183 million. Globally, the film has a total of $394 million with an opening in the U.K. coming next week. “Jurassic World: Fallen Kingdom” is on the threshold of crossing $400 million domestically, and with a global total of $1.23 billion, it will pass Universal’s top grossing film from last year, “The Fate of the Furious.”

“Incredibles 2” will become the 36th film in box office history to gross $1 billion worldwide tomorrow after adding $7.2 million domestically in its seventh weekend to push its global total to $997 million. When it hits that milestone, it will become only the fourth billion-dollar film to make at least half of its global gross from North America, joining “Black Panther,” “Rogue One” and “The Dark Knight.” Overseas, the film still has releases to come in several major markets, including Japan, Spain, Italy and Germany.

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‘Mission: Impossible — Fallout’ En Route to $60 Million Opening

Read on: TheWrapTheWrap.

22 years after it first arrived on the big screen, Paramount’s “Mission: Impossible” franchise shows no signs of slowing down as the sixth installment of the action series, “Fallout,” makes $23 million from 4,386 screens to put the film on course for a $60 million opening.

While previous installments would have a higher opening weekend if inflation is taken into account, an opening above $57 million would give “Fallout” the highest raw opening in franchise history, passing that of “Mission: Impossible II” back in 2000. If the word of mouth can push Saturday numbers above expectations, the film could set a new opening weekend record for leading man Tom Cruise, topping the $64.8 million launch for the 2005 adaptation of “War of the Worlds.”

Also Read: Ving Rhames Says Police Held Him at Gunpoint in His Own Home

Regardless, “Fallout” is by far the most critically successful film in the “M:I” series, becoming the first to earn a straight A from CinemaScore audience polls as the three previous installments of the series earned an A-. It also has the highest Rotten Tomatoes score of the franchise with a “Certified Fresh” 98 percent rating from critics.

The rest of the top five consists of family and holdover titles packed together on the charts with weekend totals in the $11-15 million range. Universal’s “Mamma Mia! Here We Go Again” is currently in second with an estimated weekend total of $15 million. That would give the film a $70 million domestic total after 10 days in theaters and put it roughly 12 percent ahead of the 10-day total made by the first “Mamma Mia!”

In third is Sony’s “The Equalizer 2,” which is looking like it will take a tough drop of over 60 percent to a $14 million second weekend. While the draw of Denzel Washington gave this mid-budget thriller a very solid $36 million opening, the presence of “Mission: Impossible — Fallout” in theaters will likely weigh down the numbers for the remainder of this film’s run.

Also Read: ‘Teen Titans GO! to the Movies’ Film Review: TV Adaptation Sticks It to Big-Screen Superheroes

Completing the top five are two animated films dueling for families’ attention: Sony’s “Hotel Transylvania 3” and Warner Bros. “Teen Titans Go! To the Movies,” the latter of which is opening on 3,188 screens this weekend. While “Teen Titans” had the edge on Friday with a $4.2 million opening day total — including $1 million from Thursday previews — industry estimates see “Hotel Transylvania” taking the No. 4 spot with $13 million in its third weekend.

“Teen Titans Go!,” meanwhile, is expected to slide to an $11 million opening and the No. 5 spot on the charts. It’s a decent result for this Cartoon Network movie adaptation, though independent trackers were expecting a slightly higher result at around $14-15 million.

But WB didn’t put much money down on this film, spending $10 million on the production budget while keeping marketing costs down with a largely digital advertising campaign that didn’t expand until last week’s San Diego Comic-Con. While critics largely enjoyed the film with an 89 percent Rotten Tomatoes score, its B+ CinemaScore rating shows an audience firmly divided by age with moviegoers under 25 giving it an A while moviegoers over 25 gave it a B-.

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Pop & Rock: ‘Mamma Mia! 2’ Plays $42M On Offshore Jukebox, ‘Skyscraper’ Tops China – International Box Office

Read on: Deadline.

Refresh for latest…: The international box office smorgasbord this weekend was led — outside China — by Universal’s new entry Mamma Mia! Here We Go Again which belted out $42.4M to top the 2008 movie’s start in 34 out of 41 launch mar…

‘Mamma Mia! Here We Go Again’ Sends Universal Past $1B Mark At Domestic B.O.

Read on: Deadline.

Even though Universal’s original ABBA sequel Mamma Mia! Here We Go Again was unexpectedly beat by Sony’s Equalizer 2 for the No. 1 spot at the North American’s weekend box office, $35.8 million to $34.4 million, the Universal City stu…

‘Equalizer 2,’ ‘Mamma Mia! Here We Go Again’ In Close Race at Box Office

Read on: TheWrapTheWrap.

After a busy mid-July Saturday at the box office, the numbers for Universal’s “Mamma Mia! Here We Go Again” and Sony’s “The Equalizer 2” have suddenly tightened, and now there’s a strong chance that the Denzel Washington thriller may end up taking the No. 1 spot this weekend after the ABBA musical pulled to an early lead on Friday.

“Equalizer 2” has kept its estimates consistent through the weekend, and is on track to earn $35.8 million after independent trackers projected a $25 million opening before the weekend against a $62 million budget. By comparison, the first “Equalizer” opened to $34.1 million in 2014.

It’s a big victory for Denzel Washington, who stars in the first sequel of his career here and is the clear draw for audiences. While critics were mixed on the film with a 50 percent Rotten Tomatoes score, Washington’s fans raved over his performance as a street smart, gun-toting avenger and gave it an A on CinemaScore.

Also Read: ‘The Equalizer 2’ Film Review: Denzel Washington Returns as a Thinking Man’s Action Hero

“Mamma Mia! 2,” meanwhile, was looking at an opening weekend of $39-40 million after a $14.3 million opening Friday, but Saturday’s totals fell to $11 million, signifying a 23 percent Fri.-Sat. drop. Estimates for the film are now set at $34.3 million, which is still by no means a disappointment for Universal as it is closer to tracker projections for the film.

And while “Equalizer 2”‘s surprise victory spells good things for that film, as it will need good word of mouth to match the first film’s $101 million domestic run, Universal won’t sweat the tail-off for “Mamma Mia!” as the musical is likely to attract older female moviegoers who are fans of ABBA and the film’s 2008 predecessor.

Older moviegoers, who traditionally see a film in the later weeks of its theatrical run, pushed the first “Mamma Mia!” to incredible legs a decade ago, as it opened to $27 million and went on to finish with $144 million domestically. The sequel also has a stronger reception than the first film, holding a 78 percent Rotten Tomatoes score and an A- on CinemaScore.

Also Read: ‘Mamma Mia! Here We Go Again’ Is ‘Charming’ and ‘Joyful,’ Critics Say

This weekend’s other new release is BH Tilt’s “Unfriended: Dark Web,” which has opened to $3.5 million and a ninth place finish on this weekend’s charts. While that’s below the $6-8 million pre-weekend projection for this horror film, it was made on a paltry $1 million budget like its 2014 predecessor. The film has a C on CinemaScore and 57 percent on Rotten Tomatoes.

Back on the Sony side, “Hotel Transylvania 3” is keeping up with its predecessors, sitting in third place with a second-weekend total of $23.2 million, just 47 percent off of it $44 million opening.

While “Hotel Transylvania 2” had a higher second weekend, “HT3” is making up for it with strong weekday numbers, giving it a ten-day estimate of $91 million compared to $90 million for “HT2.” This is what Sony was hoping for when they moved this animated film from its predecessors’ fall release schedule to mid-July, with kids who saw the previous films now out from school.

Also Read: National Movie Ticket Average Passes $9.25 After Record Box Office Quarter

In fourth is Marvel Studios’ “Ant-Man and the Wasp,” which earned $16 million in its third weekend and has $163 million so far. The film is in position to pass the $180 million domestic run of the first “Ant-Man” in the coming week. Overseas, international rollout continues with releases in Western Europe, pushing the sequel’s global total to $353 million.

“Incredibles 2” is in fifth with $11.5 million, staying in the top five for a sixth weekend as it crosses $550 million domestically while closing in on $1 billion worldwide with a total of $940 million. Just behind it is “Jurassic World: Fallen Kingdom” with $11 million, bringing its domestic total to $383 million. With a global total of $1.17 billion, the “Jurassic” film is $35 million away from passing “Iron Man 3” and entering the top 15 highest grossing films of all-time.

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