Box Office Wrap-up for the Weekend of June 18th

Disney and Pixar do it again topping the box office chart for the eleventh straight time and posting the second biggest animated opening ever!

Fifteen years, eleven films, eleven number one debuts and arguably the most consistent brand in the film world; the Disney/Pixar collaboration continues to astonish and deliver huge numbers and critical raves time after time. “Toy Story 3” opens another toy chest full of money with a whopping $110.3 million in its first three days of release. This is the biggest opening ever for a Disney/Pixar film, the second best animated opening weekend ever and only the third $100 million debut of 2010.

The 3-D component and IMAX were instrumental in this success as family audiences thoroughly embraced the film in these enhanced formats. IMAX had their best animated debut ever earning 8% of the weekend gross ($8.4 million) on just 2% of the screens and proves that this maiden voyage of the IMAX/Disney/Pixar collaboration was hugely successful.

The Karate Kid Movie Poster 2010The film that started this major turnaround in the fortunes of the box-office marketplace, Sony’s “The Karate Kid” held well considering the huge competition for families and posted a solid $29.9 million in its second weekend. The film crossed the $100 million mark in just ten days of release. With solid mid-week grosses and great word-of-mouth, this continues to be one of the shining stars of the summer movie season and should continue to do well in the coming weeks.

At number three with $14.4 million is Fox’s “The A-Team” which debuted last weekend in the number two spot. With a respectable 44% drop, the film’s domestic gross now stands at $50.4 million. The ensemble reboot of the 80’s TV show features Bradley Cooper and Liam Neeson.

At number four is Universal’s “Get Him to the Greek” with a third weekend gross of $6.1 million. Generating solid word-of-mouth, the Universal release dropped a mere 38% and is nearing the $50 million mark.

Paramount/DWA’s “Shrek Forever After” continues to live forever after in the top five with a fifth weekend gross of $5.6 million and an impressive domestic cumulative gross of $223.1 million. A family favorite that continues to draw audiences in the face of impressive competition from “Toy Story 3” and “Karate Kid,” this film refuses to leave the Top Five.

In indie action the always great Fox Searchlight brought the Jonah Hill, Marisa TomeiJohn C. Reilly offbeat family comedy “Cyrus” to theatres and the results were impressive. With terrific reviews, a funny and compelling trailer and now great word-of-mouth, the film in just four theatres generated $181,716 for a per-theatre average of $45,429. Look for this to become a summer indie hit in the next few weeks.

A one-two punch of unexpectedly strong grosses from “Karate Kid” and “Toy Story 3” have turned the marketplace around and give us a solid push of momentum heading toward the mid-week debut of the Tom Cruise/Cameron Diaz action-stylings of Fox’s “Knight & Day” and Sony’s terrific ensemble comedy “Grown Ups” starring Adam Sandler, Kevin James, Chris Rock, Rob Schneider and David Spade.

Born and raised in Los Angeles, President of Box Office Paul Dergarabedian loves movies of course, but has a true passion for music, art, photography and architecture. Stanley Kubrick is a God even though like Orson Welles’ 'Citizen Kane, his '2001: A Space Odyssey' is overrated but still brilliant! Little known fact: Paul is a certified car fanatic and was a National Collegiate Driving Champion in the late 80's!