CinemaCon: Global Box Office Recovery Accelerated in First Quarter, Says Study

Patrick Frater Asia Bureau Chief “Guardians of the Galaxy Vol. 3” made $28 million of gross box office on its opening weekend in mainland China. That was a solid result in present circumstances, rather than an overwhelming one. The film easily displaced two of the weaker Chinese titles that had been released a week earlier to take advantage of the five-day May Day holiday season. “Born to Fly,” a patriotic action adventure about Chinese test pilots, nose-dived by 75% as it fell from a $40 million first place debut to a $11.2 million third-placed second flap. Its cumulative after two weekends is $77.3 million, according to weekend data from consultancy Artisan Gateway.

Paramount Global fell way shy of Wall Street forecasts with ongoing losses in streaming exacerbated by soft advertising at its TV/Media group last quarter and a dip in filmed entertainment as well. The stock is down sharply — about 14% — in early trading

Filmmaker James Gunn’s Marvel Studios swan song, Guardians of the Galaxy Vol. 3, is blasting off this weekend, the de facto start of the summer box office, with an eye at $250M worldwide. Of that $110M is coming from domestic, and $140M from overseas.

Global audiences have been gaga for Baba Yaga with Lionsgate/Thunder Road Films/87 Eleven’s John Wick: Chapter 4 now having passed the $400M mark worldwide.

The Super Mario Bros. Movie has surpassed the $1billion (£800m) mark at the global box office.It hit the ground running with its release last month, and had the biggest opening weekend ever for an animated film at the box office.Yesterday (April 30), it crossed $1billion and is now the 10th biggest animated film in history globally, beating out the $942.5million (£754million) that Minions: The Rise Of Gru grossed in 2019.It pulled in $487.5million (£389.8million) in North America alone and a further $533million (£426.6million) internationally.Only four other movies have achieved this post-pandemic including Spider-Man: No Way Home, Top Gun: Maverick, Jurassic World Dominion and Avatar: The Way Of Water.It comes after Shigeru Miyamoto – a creator of the Super Mario Bros.

Patrick Frater Asia Bureau Chief The Argentina-Chile coproduction “The Punishment,” directed by Matias Bize, was named best feature over the weekend at the close of the Beijing International Film Festival. Mexico’s Lila Avilés won the Tiantan Award for best director for her film “Totem.” Antonia Zegers and Line Renaud shared the best actress award for “The Punishment” and “Driving Madeleine,” respectively. The best actor award went to Xin Baiqing for Chinese movie “The Shadowless Tower.” The film, which premiered in February in Berlin, was the numerical winner. With the best screenplay, music, cinematography and artistic contribution awards, it won a total of five prizes.

Patrick Frater Asia Bureau Chief “Born to Fly,” an action movie about the prowess of the Chinese air force and the bravery of its aviators, topped the China box office chart over a weekend that led into the nearly week-long May Day holiday. Data from consultancy Artisan Gateway shows the film earned $44 million (RMB279 million) between Friday and Sunday. The weekend as a whole brought in $121 million of turnstile revenue, the fourth highest weekend of the year and weaker only than the three “revenge spending” weekends that drove the Chinese New Year period in January and early February.

Patrick Frater Asia Bureau Chief “The Super Mario Bros Movie” and a local sports movie “Dream” gave the South Korean box office some bounce on their first weekend on release. Opening in Korea on Wednesday, some three weeks after the beginning of its international and North American campaigns, “Super Mario” earned $4.67 million between Friday and Sunday, according to data from Kobis, the tracking service operated by the Korean Film Council (Kofic). The film has a cumulative of $5.76 million over its opening five days, plus previews. The film’s weekend numbers are the second highest opening tally recorded by any film this year in Korea. And its weekend score represented a comfortable 40% market share.

As has been the case since the start of April, Universal/Illumination’s “The Super Mario Bros. Movie” has lapped the box office competition, becoming the first animated film of the 2020s to gross $1 billion worldwide while competitors search for vastly smaller opening weekends among niche audiences. \Another strong hold of just a 33% drop has given the film a fourth weekend total of $40 million domestic and $108 million worldwide, pushing the film’s overall totals to $490 million domestic and $1.02 billion global.

according to IMDB’s Box Office Mojo. The movie based on the popular Nintendo game has earned more than $458 million in the US since opening on April 5 — and is projected to hit the $1 billion global milestone on Sunday, according to the Hollywood Reporter.

Universal/Illumination’s “The Super Mario Bros. Movie” has officially done what no other animated movie since the pandemic began has been able to do: reach the $1 billion mark at the global box office. The Nintendo adaptation has hit the mark at the start of its fourth weekend in theaters as it adds an estimated $37.5 million from North American theaters along with an estimated $69 million from overseas.

J. Kim Murphy “The Super Mario Bros. Movie” has pounded out some serious coinage. The animated adventure from Universal Pictures, Illumination Entertainment and Nintendo is becoming the first release of 2023 to cross the $1 billion mark at the global box office. While “Mario Bros.” isn’t projected to cross the coveted threshold until Sunday, Universal is confident enough in the projections to declare the weekend a victory. If estimates hold, the video game adaptation will reach the $1 billion mark in 24 days. First debuting on April 5, “The Super Mario Bros. Movie” has been a dominant force in theaters for the entire month. It still ranks as the top release on domestic charts, now in its fourth weekend of release.

Illumination/Nintendo/Universal’s The Super Mario Bros Movie has notched yet another milestone, crossing the $900M mark globally with Tuesday’s grosses included. 

Patrick Frater Asia Bureau Chief Director Stanley Tong (“Rumble in the Bronx”) is to team up with Jackie Chan for the tenth time on “The Legend.” State media in China report that Chan, who recently reached the top spot in the mainland Chinese box office with aged stuntman comedy “Ride On,” will play an archaeologist on a quest through time and space. With production by Bona Film Group, “The Legend” is pitched as being in the same vein as Tong and Chan’s 2005 effort “The Myth,” which was a fantasy love story. Tong and Chan have worked together on other titles including “Police Story 3,” “Supercop” and “Vanguard.” India’s Jio Studios is backing “Khashaba,” a Marathi-language film on the life of India’s first Olympic medalist Khasaba Dadasaheb. After delivering the sleeper hit Sairat and Fandry, the new film will be directed by Nagraj Manjule. The title is considered as part of Jio Studio’s ambition to deliver more than 100 stories this year. With production to begin shortly, the film will be mounted on a large scale. “Along with entertaining the audience, this film will also introduce the audience to a brave and exceptional athlete who made India proud all over the world,” said Manjule. “Khashaba” will be presented by JioStudios and produced by Aatpat Production, Jyoti Deshpande and Manjule.

Patrick Frater Asia Bureau Chief The highly-anticipated Japanese animated feature film “The First Slam Dunk” dominated the mainland China cinema box office in its opening weekend. It broke multiple records as it did so. The film scored $38.5 million (RMB266 million) over the Friday to Sunday weekend, according to data from consultancy Artisan Gateway. However, it opened on Thursday, a day earlier than is the norm in China, and has accumulated $55.2 million over the opening four-day frame. The film is based on IP that is well-known to a generation of comic book fans and TV audiences in China (early middle-aged men were reported to have been particularly interested) and has already proved a hit in other parts of Asia. (Comscore estimates that the film has grossed $211 million worldwide.)

Revising its projection from December last year, Gower Street Analytics has increased its estimate for global box office across 2023. The London-based firm now expects worldwide receipts to hit $32B for the year. The updated projection comes as the industry gathers in Las Vegas on the eve of CinemaCon and as The Super Mario Bros Movie is poised to be the first $1B global grosser of 2023.

according to IMDB’s Box Office Mojo.Since its opening on April 5, it has earned over $400 million nationwide, the second-fastest animated film to reach those numbers after “The Incredibles 2,” according to Deadline. The supernatural horror movie “Evil Dead Rise,” the fifth installment of the “Evil Dead” series, came in second, with a $10.3-million take on its opening day.The Post called the film “gory-as-hell” and said it is “as campy and fun as any chapter in producer Sam Raimi’s four-decade-old horror series.”“The Covenant,” the story of an army sergeant in Afghanistan, played by Jake Gyllenhaal, and an Afghani interpreter, played by Danish actor Dar Salim, landed in third, with $2.25 million in sales.

Patrick Frater Asia Bureau Chief Japanese animated film “The First Slam Dunk” has taken a strong early lead at the mainland China box office, picking up $13.8 million on its Thursday opening day. Films mostly release in China on Fridays, but the Japanese hit was given previews on Wednesday and a full court release on Thursday, starting with widespread midnight screenings. Data from local firm Ent Group reveals that the film earned $3.16 million from some 14,000 preview screenings on Wednesday, followed by $13.8 million on Thursday from 184,000 screening sessions. That gives it a $17 million cumulative and positions it at the top of the box office chart even before the conventional Friday to Sunday weekend begins.

Patrick Frater Asia Bureau Chief Jackie Chan-starring nostalgic stuntman comedy film “Ride On” trotted to a second weekend atop the mainland Chinese box office. “The Super Mario” Bros. Movie” remained in fourth place. “Ride On” earned $6.0 million (RMB41.5 million) between Friday and Sunday, a 48% week-on week drop, according to data from consultancy Artisan Gateway. That took it to a $22.6 million total since release on April 7. Below it, Japanese animation “Suzume” and Chinese shaggy dog story “Hachiko” swapped places. “Hachiko,” on its third weekend outing, earned $4.9 million, for a cumulative of $35.1 million. “Suzume” earned $4.5 million in its fourth weekend on release in China, giving it a $109 million cumulative.

Patrick Frater Asia Bureau Chief “John Wick: Chapter 4” easily outgunned Japanese animation film Suzume to claim top spot at the South Korean box office over the latest weekend. The American action title earned $4.05 million between Friday and Sunday, according to data from Kobis, the tracking service operated by the Korean Film Council (Kofic). That represented a nearly 50% market share, continuing a polarization or clustering around a single title that has become familiar of late in Korea, a market that formerly had greater diversity and width. Over the five days since its Wednesday opening, “John Wick 4” earned $5.87 million.