Long Range Forecast: 'G.I. Joe: Retaliation', 'Magic Mike', 'Madea's Witness Protection', & 'People Like Us'
Featured Stories - on May 05, 2012 by BOXOFFICE Staff
We've added four new releases to our Long Range Forecast this week: G.I. Joe: Retaliation, Magic Mike, Tyler Perry's Madea's Witness Protection, and People Like Us.
The last time the calendar fell on the same dates was in 2007 when Ratatouille and Live Free or Die Hard opened to $47 million and $33.4 million, respectively. The latter opened on the preceding Wednesday. The overall market gross for that pre-Independence Day weekend reached $155.4 million.
G.I. Joe: Retaliation
PROS:
- Adding Dwayne "The Rock" Johnson to a cast has recently proven to be of benefit in Fast Five and Journey 2: The Mysterious Island.
- Channing Tatum is a bigger draw now than he was for the first film back in 2009, having starred in two of the top five films of 2012 so far (as of this writing).
- Opening before the July 4th holiday could help give it some extra traction.
- The shift in tone from the first film might attract older action fans and widen the demographic appeal.
- The trailers have been very well-received online.
CONS:
- While not universally hated, the first film isn't something that most have clamored for a sequel to.
- The marketing seems less kid-friendly, a huge change from the promotional tone of its predecessor.
- The kiddie audience that helped drive the first film will have a lot of other options in the marketplace: Brave and Madagascar 3 will already be in release, while The Amazing Spider-Man and Ice Age: Continental Drift will be hot on its heels.
- The extent of Channing Tatum's role in this sequel seems to be up in the air. His female fans will likely opt to see Magic Mike instead.
Magic Mike
PROS:
- Channing Tatum is proving to be a real draw this year.
- 21 Jump Street being rated R certainly didn't hurt its box office performance.
- Any woman with a pulse is going to want to watch this movie, its as simple as that.
CONS:
- Channing Tatum vs. Channing Tatum.
- Will men agree to see it after women agree to see G.I. Joe?
- Its biggest enemy is going to be the screen count and whether they cap it with a moderate release of 2,000 to 2,500 or go all in with 3,000+ (if its available given how busy the box office will be).
Tyler Perry's Madea's Witness Protection
PROS:
- Perry still has a reliable audience to draw upon, and this could hold slightly better than his previous films thanks to the summer release date.
CONS:
- This one's not adapted from a play.
- Its true that Perry's comedies usually perform better, but the fact that Good Deeds did so poorly is not a good sign for him -- especially since he has three movies slated for upcoming release. Over-saturation could have an effect.
People Like Us
PROS:
- Against all the summer blockbusters, a smaller drama like this serves as fair counter-programming for adults looking to get away from louder, more explosive fare.
- The film marks the directorial debut of Alex Kurtzman who, alongside writing and producing partner Roberto Orci, has produced a solid resume over the years.
- The recognizable ensemble cast could help draw the casual interest of a small audience.
CONS:
- Competition is heavy that weekend and neither Pine or Banks have proven to be draws on their own yet.
- Screen count could be an issue.
- The plot seems potentially off-putting for mainstream audiences.
- Kurtzman's (and Orci's) previous successes were cut from the blockbuster cloth that this film is clearly not a part of.
- Women will go see Magic Mike over this. It's that simple.
Check out our predictions for these and other films in the table below.
| Title | Release Date | Distributor | Opening Weekend | Cumulative |
|---|---|---|---|---|
| People Like Us | Jun 29, 2012 | Disney |
$6,500,000 | $23,000,000 |
| Magic Mike | Jun 29, 2012 | N/A |
$22,000,000 | $78,000,000 |
| Tyler Perry's Madea's Witness Protection | Jun 29, 2012 | Lionsgate |
$19,000,000 | $43,000,000 |
| G.I. Joe: Retaliation | Jun 29, 2012 | Paramount |
$48,000,000 | $148,000,000 |
| Abraham Lincoln: Vampire Hunter | Jun 22, 2012 | Fox |
$21,000,000 | $53,000,000 |
| Brave | Jun 22, 2012 | Disney |
$58,000,000 | $220,000,000 |
| Seeking a Friend for the End of the World | Jun 22, 2012 | Focus |
$13,000,000 | $49,000,000 |
| Rock of Ages | Jun 15, 2012 | Warner Bros. |
$32,000,000 | $120,000,000 |
| That's My Boy | Jun 15, 2012 | Sony / Columbia |
$30,000,000 | $85,000,000 |
| Prometheus | Jun 8, 2012 | Fox |
$58,000,000 | $200,000,000 |
| Madagascar 3: Europe's Most Wanted | Jun 8, 2012 | Paramount / DreamWorks |
$42,000,000 | $140,000,000 |
| Snow White and the Huntsman | Jun 1, 2012 | Universal |
$60,000,000 | $165,000,000 |
| Men in Black 3 | May 25, 2012 | Sony / Columbia |
$90,000,000* | $205,000,000 |
| Chernobyl Diaries | May 25, 2012 | Warner Bros. |
$15,000,000* | $31,000,000 |
| What to Expect When You're Expecting | May 18, 2012 | Lionsgate |
$20,000,000 | $70,000,000 |
| Battleship | May 18, 2012 | Universal |
$48,000,000 | $135,000,000 |
| The Dictator | May 16, 2012 | Paramount |
$20,000,000† | $65,000,000 |
| Dark Shadows | May 11, 2012 | Warner Bros. |
$35,000,000 | $92,000,000 |
* = 4-day opening (Friday through Monday)
† = 3-day opening (excludes Wednesday and Thursday)
Phil Contrino, Daniel Garris, Alex Edghill and Shawn Robbins contributed to this article.
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