Tuesday, December 20, 2016

Handicapping the Weekend

Our friends at Deadline tell us:

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... Illumination/Universal’s animated animal-jukebox musical Sing is expected to come up strong with $70M in six days thanks to the studio beating the drum continually since its Toronto Film Festival premiere, with mini-concerts and screenings to stoke awards-season voters. Pic opens tonight at 6 PM at 2,275 venues before expanding to 4,022 — the fourth-widest opening ever for December after Rogue One, Force Awakens, and The Hobbit: An Unexpected Journey. Sing currently has a 76% fresh Rotten Tomatoes rating. ...
It looks as though Sing will open with half the box office of Moana ($24 million vs. $56.6 million) but most Illumination Entertainment pictures perform steadily over the long haul. And even if it doesn't put up Disney blockbuster numbers, it should still go comfortably into the black, since (as with other IE pictures) this one has a production cost of $75 million. Sing has already launched in some some overseas venues, collecting $17 million. Whether it collects half a billion dollars or more? We should have some projections in the next couple of weeks.

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