‘Karate Kid: Legends’ Will Provide Kick To Summer Box Office But Won’t KO ‘Lilo & Stitch’s $60M Second Weekend – Preview

FXStreet

The summer box office just got a lot deeper.
Definitely through Labor Day weekend, at least, with New Line’s The Conjuring: Last Rites.
Watch on Deadline The Karate Kid is a 41-year old film franchise counting five previous movies.
It’s also the series’ highest-grossing title at the box office, with $176.6M domestic and $359M worldwide.
The final four-day total on Lilo & Stitch was $182.6M, still the best debut Memorial Day weekend has ever seen.

POSITIVE

It just got much deeper at the summer box office.

There is now something for everyone on the theatrical release schedule, at least for the time being, after the greatest Memorial Day weekend ever, which brought in an estimated $330 million last week, according to Comscore. At least through Labor Day weekend, with The Conjuring: Last Rites by New Line. Since 45 percent of K–12 schools will be permanently closed this summer beginning on Friday, businesses are even more prepared.

This frame’s big new event film is Sony’s Karate Kid: Legends, which was made for a low budget of $45 million before PandA and is a full-on tribute to the Cobra Kai fandom, the new Jackie Chan paradigm, and the Karate Kid of old. Despite the fact that Disney’s Lilo & Stitch cannot be defeated by Ralph Macchio’s Daniel-son or Chan’s Mr. Han, it is anticipated to earn $25M to $30M at 3,600 locations, including a portion of PLF screens. That is a fantastic second- or third-place haul for exhibitors this weekend. At 2 p.m. on Thursday, previews begin. m. As of this writing, Rotten Tomatoes has not registered the review embargo that was lifted.

Keep an eye on Deadline.

The Karate Kid is a 41-year-old film franchise with five prior releases. Chan and Jaden Smith’s 2010 reboot set the franchise’s opening record with $55 million. Additionally, it is the highest-grossing movie in the series, grossing $176.6M domestically and $359M internationally.

In the meantime, Lilo & Stitch is targeting a second frame of $60M, down 59%, which is comparable to earlier Disney Memorial Day live-action adaptations of beloved animated series Little Mermaid (-57%) and Aladdin (-53%). As of this post, we have yet to receive those figures, but we are hearing that Tuesday was great. Even with a final four-day total of $182.06 million, Lilo & Stitch remains the greatest debut Memorial Day weekend ever. People will leave the barbecue if you have a fantastic film, Hollywood.

With all of those Imax screens, Paramount’s Mission: Impossible – The Final Reckoning will continue to run, dropping an anticipated 50% for a second weekend of $32M. At the four-day holiday box office, the eighth Tom Cruise-Ethan Hunt film ended at $79 million.

Bring Her Back, the follow-up movie from Australian twin brothers Danny and Michael Philippou, is also aiming for a big release, with 89 percent fresh content. I wouldn’t undervalue the pair’s follow-up to Talk to Me, their Sundance hit that brought in over $48 million in the US. The film, which has $5 million to $7 million in projections, centers on foster teenagers, one of whom is blind, who are in danger from their new foster mother, played by Sally Hawkins, who we all know from her endearing roles in films like The Shape of Water, but in this case, she is an incredible monster. The film was funded by A24, which also sold Sony the international rights.

Talk to Me has the third-highest opening for a horror film on A24 at $10.4M, behind Hugh Grant’s Heretic ($10.8M) and Ari Aster’s Hereditary ($13.5M). There is no doubt that this is a twisted film unlike any you have ever seen.

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