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Box Office Gross Domestic/Global
As the movie comes out today, think it be a good idea to do this thread and post how much TMNT makes at the cinema each day in the US
This will also include, Opening Weekend, Domestic, Global and also if your from a different country post here how much it's making at your box office. In a few hours we will find out how much TMNT does on Thursday night, Oh and another thing, NO ARGUEMENTS/SMARK RESPONSES IN HERE PLEASE. |
The “Teenage Mutant Ninja Turtles” reboot finally came out of its shell on Thursday, scoring $4.6 million in evening showings in 2,651 theaters.
Paramount estimates that the film, which was directed by Jonathan Liebesman and produced by Michael Bay, will make somewhere in the mid-to-high $40 million in its opening weekend. The film, listed at a budget of $125 million, is rumored to have cost closer to $150 million. http://www.thewrap.com/teenage-mutan...-to-high-40ms/ |
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Also, Guardians still beat TMNT yesterday, taking in $7.6m for its second Thursday. |
I guess to be more accurate with the numbers we should wait till tomorrow to see exactly what the movie brings in for a Thursday night. Also I feel like some people here want to see this movie bomb and favor a Marvel property.
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http://www.hollywoodreporter.com/new...t-ninja-724127 http://variety.com/2014/film/news/te...ce-1201278431/ |
http://www.boxofficemojo.com/ Is the website I use to check on box office results.
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Edit: Huh, I guess it DID do pretty well for itself. |
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http://boxofficemojo.com/movies/?id=maleficient.htm |
Important thing to consider from the Deadline comment section:
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The film open with 4.6 million on Thursday, That's pretty good.
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I hope this movie does well. If it does do well am seeing it doing so slowly. How much do you guys think this movie needs to make in order for the film makers to be happy with it? I would love to see it reach $800 Million+ at the end of its run like Transformers 1
I heard that a movie needs to make double its budget to break even, do you guys think this is actually true? Ninja Turtles would have to make $250 Million to break even if this rule is true. |
I am going to see this movie tomorrow, I am excited for it!!!!!!!!
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Rule of thumb is 2.5x the production budget. I've seen a couple reports over the past few days from the trades saying that TMNT's production budget was closer to $150 million and not the reported $125 million.
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So how do movies make any money? DVD/Blu-Ray, VOD sales times how many times they intend to sell this movie over time??
If this rule is true, how can people get excited for how well a movie is doing at the Box Office? Take AVATAR for example everyone was going on and on about how the movie made 2 Billion+ at the Box Office. No one really knows how much it cost to make the movie, all they were saying is that it was the most expensive movie to make at the time. For all we know the profit could have been low for that movie. |
In that same article, Deadline is reporting Guardians took 7.6 million on Thursday night against TMNT's 4.6 million. It's set records from it's night of release through every night since.
It's really going to be determined by word of mouth, I think. |
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It will do very well i am sure of it. This is my movie that we are talking about.
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http://variety.com/2014/film/news/ni...xy-1201278754/
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If it hits $60, my coworker has to buy me lunch :) |
I hope you work near a steakhouse.
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I'll come up with something.
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I doubt it will do 60. Will probably fall between late 40s and very early 50s. Pretty impressive, nonetheless.
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Nikki Finke @NikkiFinke · 6h
Friday Box Office: #1 ‘Ninja Turtles’ $60M, #2 ‘Guardians/Galaxy’ $43M, #3 'Into The Storm’ $16.5M, #4 ‘Hundred-Ft Journey’ $10.5M. $25.7M last night. http://www.deadline.com/2014/08/box-...1/#more-806963 Closing in on a $65M 4-day total. Wow!! Sequel, here we come! So pumped! Cowabunga!!!!! |
Before anyone starts jumping up for joy, one decent weekend doesn't mean a lot for a "sequel" possibility of course. It needs legs for the following weekend and I have a feel this film is going to drop heavily.
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The actual Friday gross was 25.7M, so there's still a lot of room for change. |
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The production budget for this new movie is believed to be anywhere between 125 to 150 million. Usually, not always, but usually, the OW is about half of what a movie will gross totally for it's domestic run. I'm seeing between 120 to 140 for it's domestic run. Not so great when you faction in the 125 to 150 production budget. But, the franchise does rely heavily on merchandise sold, so perhaps it will make things better in the long run. |
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Look at Green Lantern, that movie was banking on hoping that the merchandise sales would keep the franchise alive but I think around like August or September of 2011...only two months after Green Lantern came out, the toys were all on clearance. Nobody was buying it and because sales of those Ryan Reynolds toys were so bad, they cancelled the Green Lantern animated series. Hell, I went to Six Flags last weekend and they STILL have the movie masters figures there for like...4 dollars. Sure, kids are buying the TMNT 2012 merchandise....but I don't think everyone is grabbing the movie stuff just yet. I'll admit, when those toys came out I immediately grabbed a Raphael (my favorite) and Shredder. I'm keeping the figures in the box and they're fun to look at...but the fact remains every time I go out to a store, it's nothing but tons of un-purchased merchandise. |
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Guess it will be interesting to see how low merchandise sales play a part if possible with this film. I know that's what was the final nail in the coffin for Speed Racer in 2008 too. |
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In reality, it should finish anywhere between $50M-$65M, which is above studio's expectations anyway. |
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By the way, saw the movie for the 3rd time last night. The theater sold out every showing for the day. Never saw my theater this packed. Used a Guardians 3D screen between showings just to make room. It is an amazing time to be a Turtle! |
This movie is truly a gift.
I'm glad it's selling out very well. I was about to purchase ticket this evening for the 4th time and the seats are already sold out. Had to buy midnight ticket, but I'm so very happy it's doing great. :tlove: May it soar sky high. And yeah movie toys are selling well too. |
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If this movie does $150M domestically, it probably only needs needs $150M overseas. Add in the merchandise and the 3D glasses (that are sold out everywhere), and you have a huge hit. I don't see how you can be skeptical here when the studio was seemingly very happy with a mid-40s opening. The extra $15M or $20M is going to blow them out of the water. |
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Sure, box office analysts had this film pegged to come in a little lower and while that's all fine and dandy...people really need to see how it plays out and does into the next weekend. For me personally, any success of this movie is a true loss because I'm really not digging the direction and the universe set up for me in this first film. I don't think the studio will take it's time and they'll try to rush their version of TMNT 2 by 2016 to strike while the iron is hot again. It'll be basically what happened with Amazing Spider-Man 2. |
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