Long Range Forecast: 'The Watch' & 'Step Up Revolution'
Featured Stories - on June 02, 2012 by BOXOFFICE Staff
This week, we've added The Watch and Step Up Revolution to our Long Range Forecast. Both films are scheduled to open nationwide on Friday, July 27.
The Watch
PROS:
- Vaughn, Stiller and Hill may be hit and miss individually, but together they could prove to be a strong draw.
- The Dark Knight Rises will still be dominating the market, but You, Me & Dupree opened to $22 million the week after Dead Man's Chest broke the opening weekend record in 2006. In addition, Step Brothers managed to open to $31 million the week after The Dark Knight debuted in 2008.
- Jonah Hill is becoming more and more of a bankable comedic actor when given the right material and a strong supporting cast. Coming off the success of 21 Jump Street can't hurt either.
CONS:
- Expect this to be back-loaded as a result of The Dark Knight Rises and the Olympics opening ceremony combo.
- Despite the Step Brothers and You, Me & Dupree comparisons, its hard to discount the fact that The Dark Knight Rises will have some effect on this.
- The Campaign opening two weeks later could hurt its legs, especially with Ferrell & Galifianakis riding a slightly bigger wave of popularity than this film's cast at the moment (excluding Hill, perhaps).
- If Ted takes off at the end of June, it could dampen any demand for another comedy until August.
- Neither Vaughn or Stiller have had a hit in awhile.
- The lack of promotion so far (and title change) might be byproducts of the recent neighborhood watch-related shooting and controversy in Florida.
Step Up Revolution
PROS:
- These dance movies always have their own niche audience.
CONS:
- The Step Up franchise switching studios provides a question mark.
- The law of diminishing returns has already set in with the franchise. The third film (despite a 3D price advantage) opened just under $16 million, and both the second and third films in this series dropped in ticket sales and un-adjusted revenue when it came to opening weekend and total gross.
Notable changes on our forecast this week include Prometheus, Madagascar 3, Rock of Ages, and Katy Perry: Part of Me 3D.
Check out our predictions for these and other upcoming films in the table below.
| Title | Release Date | Distributor | Opening Weekend | Cumulative |
|---|---|---|---|---|
| Step Up Revolution | Jul 27, 2012 | Summit |
$12,000,000 | $31,000,000 |
| The Watch | Jul 27, 2012 | 20th Century Fox |
$26,000,000 | $86,000,000 |
| The Dark Knight Rises | Jul 20, 2012 | Warner Bros. |
$186,000,000 | $520,000,000 |
| Ice Age: Continental Drift | Jul 13, 2012 | Fox |
$59,000,000 | $200,000,000 |
| Savages | Jul 6, 2012 | Universal |
$14,000,000 | $45,000,000 |
| Katy Perry: Part of Me 3D | Jul 5, 2012 | Paramount |
$16,000,000† | $50,000,000 |
| The Amazing Spider-Man | Jul 3, 2012 | Sony / Columbia |
$64,000,000† | $233,000,000 |
| People Like Us | Jun 29, 2012 | Disney |
$6,500,000 | $23,000,000 |
| Magic Mike | Jun 29, 2012 | Warner Bros. |
$22,000,000 | $78,000,000 |
| Tyler Perry's Madea's Witness Protection | Jun 29, 2012 | Lionsgate |
$20,000,000 | $45,000,000 |
| Ted (2012) | Jun 29, 2012 | Universal |
$19,000,000 | $65,000,000 |
| Seeking a Friend for the End of the World | Jun 22, 2012 | Focus |
$13,000,000 | $49,000,000 |
| Abraham Lincoln: Vampire Hunter | Jun 22, 2012 | Fox |
$18,000,000 | $45,000,000 |
| Brave | Jun 22, 2012 | Disney |
$58,000,000 | $225,000,000 |
| Rock of Ages | Jun 15, 2012 | Warner Bros. |
$35,000,000 | $135,000,000 |
| That's My Boy | Jun 15, 2012 | Sony / Columbia |
$30,000,000 | $85,000,000 |
| Prometheus | Jun 8, 2012 | Fox |
$55,000,000 | $200,000,000 |
| Madagascar 3: Europe's Most Wanted | Jun 8, 2012 | Paramount / DreamWorks |
$42,000,000 | $140,000,000 |
† = 3-day weekend (Friday through Sunday)
Phil Contrino, Daniel Garris, Alex Edghill and Shawn Robbins contributed to this article.
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