Box Office Receipts Plunge as Film Makers Take a Beating

Movie studio’s are taking notes and a beating as the weekend after Labor Day offers film makers nothing to celebrate and everything to lament about as box office receipts plunge.  It’s unbelievable that a shocker like The Possession should hold the box office top spot for two weeks in a row, but that seems to be the case, grossing $9.5 million for a $33.3 million total. That’s a great number for the Sam Raimi produced film, which cost less than $15 million to make, so it’s already in profit. Not even the Sexiest Man Alive could lure moviegoers to the box office this weekend.

“The Words” trailed behind, opening on the low end of Hollywood projections with $5 million. The movie at least performed better than “The Cold Light of Day,” an action film starring upcoming “Man of Steel” Henry Cavill that tanked with a dismal $1.8 million.

Overall, ticket sales amounted to only $67 million — the lowest sum since the second weekend after the attacks of Sept. 11, 2001, when the take was just $59.4 million. Receipts were down 18% from the same weekend last year, when at least one film was able to crack the $10-million mark.

“Nobody picks the first weekend of September because they think it’s going to be a huge gross,” acknowledged Steven Friedlander, executive vice president of theatrical distribution for CBS Films, which is releasing “The Words.” “You open films that you want to sit there and find an audience. Historically, it’s a weekend where people are getting their life back into order after the summer, and movies aren’t part of it. You’re doing back-to-school shopping, getting the kids into the dorms, and soccer moms are back on the road.”

The few who did turn up to see “The Words” this weekend were mostly older women, as 58% of the audience was female and 78% was over the age of 25. In the film, Cooper plays a down-on-his-luck aspiring novelist who encounters an ethical dilemma when he comes across an unpublished manuscript from the 1940s.

The $6-million production, acquired by CBS Films for $2 million at the Sundance Film Festival in January, has received mostly terrible reviews. However, crowds this weekend were kinder than critics, assigning it an average grade of B, according to market research firm CinemaScore.

Cooper, who rose to fame after the success of the raunchy ensemble comedy “The Hangover” in 2009, had better success as a leading man with last year’s hit “Limitless.” The 37-year-old currently has two films at the Toronto International Film Festival — “The Place Beyond the Pines” and “Silver Linings Playbook” — each earning the actor strong reviews.

“I don’t think the performance of ‘The Words’ is an indictment of Bradley Cooper,” Friedlander said. “I think he does have the potential to be a strong leading man. The bad reviews were really about the movie — they weren’t about his performance.”

Similarly, “The Cold Light of Day” star Cavill will hope to attract more positive attention when he debuts as Warner Bros.’ new Superman next summer. The British actor, best known for his role in 2011’s sword-and-sandals epic “Immortals,” is still a newcomer to U.S. audiences.

His latest film barely got any promotion from Lionsgate’s Summit Entertainment after a poor international run prior to the film’s North American debut indicated it likely wouldn’t fare well domestically. Indeed, audiences hated it, giving it an average D+ grade. The studio co-financed the movie, about a man whose family is kidnapped during a family holiday in Spain, for about $20 million with Intrepid Pictures.

One bright spot this weekend was an Imax re-release of 1981’s “Indiana Jones and the Raiders of the Lost Ark,” which collected a surprisingly strong $1.7 million. The Steven Spielberg-directed movie starring Harrison Ford is currently in 267 theaters for a limited one-week engagement.

Meanwhile, the crude wedding comedy “Bachelorette” did so-so business in theaters after premiering on video-on-demand on Aug. 10. The film, starring Kirsten Dunst, Isla Fisher and Lizzy Caplan, opened in 47 theaters this weekend and grossed $191,033 for a soft per-location average of $4,046.

[Updated, 12:17 p.m. Sept. 9: Overseas, “The Dark Knight Rises” passed the $600-million milestone — over $130 million more than “The Dark Knight” grossed abroad in 2008. (The latest Batman installment has fared worse domestically, however, with its current North American tally standing at $437.8 million, compared with its predecessor’s $533.3 million total.)

“The Dark Knight Rises” has fared best in the United Kingdom and Australia. However, the movie only recently opened in China and has already collected around $42 million there.

Here are the top 10 movies at the domestic box office, according to studio estimates and

1. “The Possession” (Lionsgate/Ghost House): $9.5 million on its second weekend, down 46%. Domestic total: $33.3 million.

2. “Lawless” (Weinstein Co./Yucaipa/Revolt): $6 million on its second weekend, down 40%. Domestic total: $23.5 million.

3. “The Words” (CBS Films): Opened with $5 million.

The Possession” was the top film at the box office for the second week in a row, as according to the Jeffrey Deam Morgan horror flick brought in $9.5 million, or roughly the same amount that “The Avengers” earned in its first eight minutes of release.

That was still more than enough to easily top a slumping box office that saw its biggest new release, “The Words,” earn only $5 million despite the presence of presumed A-list star Bradley Cooper.

Things should look up with the release of “Finding Nemo 3D” and “Resident Evil: Retribution” next week. But for a full run down of this weeks paltry box office returns, including figures for “The Expendables 2” and “The Dark Knight Rises.”

4. “The Expendables 2,” $4.7 million ($14 million international).

5. “The Bourne Legacy,” $4 million ($13 million international).

6. “ParaNorman,” $3.8 million ($2.4 million international).

7. “The Odd Life of Timothy Green,” $3.6 million.

8. “The Campaign,” $3.5 million.

9. “The Dark Knight Rises,” $3.3 million ($13 million international).

10. “2016: Obama’s America,” $3.3 million.


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