Asian, European Buyers Discuss Declining Arthouse Box Office, Mull Solutions at Platform Busan: ‘Make the Experience of Cinema Desirable’

Refresh for latest…: Warner Bros/New Line DC’s Black Adam in its second offshore frame saw a strong hold, down just 45%. It added $39M from 76 offshore markets to take the running international box office total to $139M for a global cume through Sunday of $250M.

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Universal/Working Title’s Ticket to Paradise has winged past the $100M mark globally. With Tuesday’s grosses included, the Julia Roberts/George Clooney romcom’s split is $20.6M domestic and $81.9M from the international box office for a worldwide total of $102.5M so far.

Searchlight Pictures’ The Banshees Of Inisherin opened to an estimated $181,000 and a raring per screen average of $45,250, beating Tár’s impressive $40,000. Both opened in four locations and now rank no. 2 and no. 3 for an indie per-theater gross this year after A24’s Everything Everywhere All At Once. That film’s in a class of its own with an April opening PTA of over $50k on many more screens and a $100 million+ worldwide grosses. But Banshees is the latest in a wave of strong limited openings this month from Decision To Leave to Triangle of Sadness to Aftersun to Till making the case for an arthouse revival. Case made.

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Patrick Frater Asia Bureau Chief While the Busan International Film Festival was busily hailing a return to normality the slump at South Korea’s commercial box office deepened dramatically over the most recent weekend. Cinemagoing nationwide was worth only $4.20 million between Friday and Sunday, the lowest weekend total since April and a time before Korean cinemas shed their COVID restrictions. The weekend’s top film “Life Is Beautiful” managed the lowest first place score of any film this year, with a weekend haul of just $777,000, according to data from Kobiz, the tracking service operated by the Korean Film Council (KOFIC).

Rebecca Rubin Film and Media Reporter Paramount’s R-rated thriller “Smile” continues to beat box office expectations in North America and beyond. Over the weekend, the horror movie added $16.3 million at the international box office, boosting its overseas tally to $66.4 million. Globally, “Smile” has grossed $137.5 million, a killer result for a film with a $17 million production budget. It’s an even bigger win when taking into account that “Smile” was originally commissioned for the streaming service Paramount+ and wasn’t intended to play in theaters at all. But positive test screenings encouraged Paramount to give the film a full theatrical rollout. It’s the studio’s latest win following “Top Gun: Maverick,” “The Lost City,” “Scream” and “Sonic the Hedgehog 2.”

Paramount’s Parker Finn-directed horror pic Smile has laughed its way across the $100M mark globally. And it did so in under two weeks of release. Through Tuesday, the gross is $102.3M worldwide, made up of $55.5M domestic and $46.8M from the international box office. 

Focus Features’Tár opened in limited release to strong results with $160,000 at four locations in New York and Los Angles for a $40,000 per theater average, one of the best PTAs since Covid and not bad for a 2-hour and 38-minute arthouse film pre-pandemic.

Paramount’s Smile is positively grinning ear-to-ear as the horror pic from director Parker Finn saw a wild 19% upswing in holdovers at the international box office in its second frame. The weekend gross was $17.5M in 61 markets for a $40M offshore cume and $89.9M global to date.

Rebecca Rubin Film and Media Reporter “Ticket to Paradise,” a romantic comedy that reunites Julia Roberts and George Clooney, is (surprise, surprise) charming audiences at the international box office. The movie has generated $60 million overseas to date, a promising start given the current challenges facing theatrical rom-coms. Of course, it helps when the genre gets a boost from megawatt stars like Roberts and Clooney. According to Universal, which is backing the film, “Ticket to Paradise” is outpacing recent meet-cute stories like “The Lost City,” “Last Christmas” and “Crazy Rich Asians” at the same point in their respective big-screen rollouts. Over the weekend, “Ticket to Paradise” earned $10.5 million from 61 territories, including debuts in France ($1 million), Mexico ($1 million) and Italy ($800,000). In holdover markets, “Ticket to Paradise,” which features Clooney and Roberts as exes who try to stop their daughter from marrying a near stranger, has been popular in Australia ($8.5 million), the United Kingdom and Ireland ($7.4 million) and Germany ($7.4 million). It opens Oct. 21 in the U.S. and Canada.

EXCLUSIVE: One of the most honored documentaries of the year is heading to the very big screen.

French cinema professionals from across the country’s independent production, distribution and exhibition chain flocked to an emergency general convention in Paris this week to raise the alarm over the future of their industry.

Jordan Moreau “Lyle, Lyle, Crocodile” is slowly getting ready to take a bite out of the weekend box office. It earned $575,000 from 3,453 theaters in Thursday previews, while David O. Russell’s “Amsterdam” picked up $550,000 million from 3,005 theaters. Sony’s live-action/CGI hybrid, co-financed by TSG, is a family-friendly movie about a singing crocodile, starring Grammy-nominated artist Shawn Mendes as the titular reptile. The studio projects an opening haul of $11 million to $12 million, with some projections belting out upwards of $15 million. With a budget of $50 million, it will need plenty of support from kids and families over the fall to snap up a profit. The cast includes Javier Bardem as Hector P. Valenti, Lyle’s flamboyant owner, Brett Gelman as Mr. Grumps and Constance Wu, Scoot McNairy and Winslow Fegley as the Primm family. The Primms move to a new house in New York City, where they discover Lyle, a saltwater crocodile with the voice of a high-end recording artist, living in their attic.

Mila Kunis is reflecting on her work.

EXCLUSIVE: The MGM Snoop Dogg sports comedy The Underdoggs has added Tika Sumpter, Mike Epps, Andrew Schulz and George Lopez while casting the kid team of actors which includes Jonigan Booth, Adan James Carrillo, Kylah Davila, Caleb Dixon, Alexander Michael Gordan and Shamori Washington.