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☆ Thanksgiving box office showdown shows importance of premium screens
▼ + stars: | 2024-11-01 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

All three titles are expected to thrive at the box office, both during their openings and as they run through the rest of the year. The physical screens are often bigger than traditional movie screens or have auditoriums that feature higher-quality sound systems or seating options. These screens account for 9.1% of the domestic box office, around $600 million in 2024. PLF receipts still represent a small portion of the overall box office, with most audiences seeing films on traditional digital screens. However, it's no small feat that PLF box office has grown 33% in just five years.

Persons: Shawn Robbins, Lars Niki, Paul Dergarabedian, Steve Buck, Buck, Oppenheimer, Adam Jeffery Organizations: Paramount, Disney, Hollywood, Getty, National Association of Theatre, Warner Bros, CNBC Locations: New York City, North America, Square, NYC

☆ Gen Z Are Struggling With the Soaring Cost of Dating, Finding Love
▼ + stars: | 2024-08-15 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +15 min

AdvertisementAs someone who's also been dating through whatever it is we've been doing romantically since 2020, I've noticed that my dating costs are going through the roof. How much should a date cost? For alcohol-free drinkers, the average price of a coffee is about $6 in New York City, which is comparable with other markets. Meanwhile, an informal 2022 report found that the average cost of a full body wax was $152, and Cosmopolitan reported in January that low-end forehead Botox would cost you $300. But even with the high up-front cost of dating, getting into a long-term relationship might pay off in the long run.

Persons: Ben Keenan, he's, Keenan, —, who's, we've, I've, Amy Nobile Messing, Damona Hoffman, Poyser, Messing, there's, Hoffman, Caesar, Josh rosé, Andy Kiersz, they'd, would've, aren't, Keenan's, daters Organizations: American Museum of, Business, Inmar Intelligence, Cosmopolitan, HingeX, Seattle, Bills Locations: Seattle, New York City, Los Angeles, Hudson , New York, New York, America

☆ 'Inside Out 2' tops $1 billion at the global box office, first film to do so since 'Barbie'
▼ + stars: | 2024-06-30 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar's "Inside Out 2." The animated feature has tallied $1.014 billion worldwide as of Sunday, making it the highest-grossing film of 2024 and the first film since Warner Bros.′ "Barbie" to top $1 billion at the global box office. A once prolifically successful studio, Pixar has suffered at the box office in the wake of the pandemic. As a result, before "Inside Out 2," no Disney animated feature from Pixar or its Walt Disney Animation studio had generated more than $480 million at the global box office since 2019. "Inside Out 2" has also showcased how vital the family audience is to the box office.

Persons: Amy Poehler, Maya Hawke, Joy, Disney's, Michael O'Leary, Mario Organizations: Warner Bros, National Association of Theatre, Pixar, Disney, Walt Disney Animation, Mario Bros, Comcast, CNBC Locations: Disney, EntTelligence, NBCUniversal

☆ Disney's 'Inside Out 2' could be the first billion-dollar movie of 2024
▼ + stars: | 2024-06-24 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

Disney and Pixar's "Inside Out 2" could be the first film since Warner Bros.' "Barbie" to top $1 billion at the global box office. "Inside Out 2" has yet to open in Japan, which contributed nearly $33 million to the $850.5 million global total of the first film in 2015. Before "Inside Out 2," no Disney animated feature from Pixar or Walt Disney Animation had generated more than $480 million at the global box office since 2019. "'Inside Out 2's' performance is the culmination of many things," said Shawn Robbins, founder and owner of Box Office Theory. Last year, that audience came out in droves for Universal's "The Super Mario Bros. Movie," which generated more than $1.36 billion at the global box office.

Persons: Phyllis Smith, Amy Poehler, Paul Dergarabedian, Shawn Robbins, Mario, Robbins, NBCUniversal Organizations: Disney, Warner Bros, Pixar, Walt Disney Animation, Force, Mario Bros, Comcast, CNBC Locations: Japan, NBCUniversal

☆ 'Inside Out 2' hits $155 million domestic debut, second-highest animation opening ever
▼ + stars: | 2024-06-16 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

"Inside Out 2" debuted with an estimated $155 million domestically, the second-highest theatrical opening of an animated film and the first film since Warner Bros.' "Barbie" to top $100 million during its debut. Of note, Disney does not consider its 2019 live-action remake of "The Lion King," which generated $191.7 million during its debut, an animation film. "Let's issue a collective 'welcome back' to Disney, Pixar, and the summer box office," said Shawn Robbins, founder and owner of Box Office Theory." Typically, these films average $100 million to $200 million openings, with 2019's "Avengers: Endgame" hitting a record $357.1 million. It boasts the biggest domestic debut of 2024, surpassing "Dune: Part Two" and its $82.5 million in opening weekend ticket sales.

Persons: King, Shawn Robbins, Robbins, Paul Dergarabedian, Guy, Comscore's Dergarabedian, Disney, Hunter Organizations: Disney, Pixar, Warner Bros, Walt Disney Animation, Marvel, Labor, Comcast, CNBC Locations: North America, Comscore, NBCUniversal

☆ 'Mean Girls' is the Queen Bee of the box office, opens to $28 million
▼ + stars: | 2024-01-14 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Bebe Wood, Renee Rapp and Avantika Vandanapu star as The Plastics in the 2024 adaptation of "Mean Girls." Paramount's "Mean Girls," a musical film adaptation of the Broadway show and beloved 2004 film of the same name, opened to an estimated $28 million at the domestic box office, on its way to a $32 million take for the holiday weekend. "The success of Mean Girls this weekend is a case study in nostalgia successfully paired with a fresh and modern hook for today's female audience," said Shawn Robbins, chief analyst at BoxOffice.com. In fact, the biggest percentage of ticket sales were for those aged 26 to 35, who accounted for 34% of all opening weekend ticket sales. Mean Girls is truly an [intellectual property] that's evolved into a multi-threat pop culture standout."

Persons: Bebe Wood, Renee Rapp, Avantika, Glen Coco, Lindsay Lohan, Paul Dergarabedian, Tina Fey's, Shawn Robbins, Steve Buck, Gen, BoxOffice.com's Robbins Organizations: Plastics, Paramount, Warner Bros Locations: Hollywood

Her concert picture, “ Renaissance: A Film by Beyoncé,” opened in first place with $21 million in North American ticket sales, according to estimates from AMC Theatres Sunday. The 39-city, 56-show “Renaissance” tour, which kicked off in Stockholm, Sweden in May and ended in Kansas City, Missouri in the fall, made over $500 million and attracted over 2.7 million concertgoers. Toho's 33rd Godzilla film is set in the aftermath of World War II, stars Ryunosuke Kamiki and was directed by Takashi Yamazaki. “Trolls Band Together” landed in fourth place in its third weekend with $7.6 million, bringing its domestic total to $74.8 million. “Renaissance: A Film by Beyoncé,” $21 million.

Persons: Beyoncé, ”, Elizabeth Frank, “, John Woo, Paul Dergarabedian, “ Taylor Swift, it’s, Swift, Miley Cyrus, Justin Bieber, EntTelligence, ” Dergarabedian, Ryunosuke Kamiki, Takashi Yamazaki, Koji Ueda, Ridley Scott’s “ Napoleon ”, Joaquin Phoenix, “ Wonka, Comscore, “ Napoleon Organizations: North, AMC Theatres, AMC, Films, Comscore, Netflix, Swift's, Rotten, Toho International, Toho Global, Apple Original, Sony Pictures Locations: U.S, Canada, Stockholm, Sweden, Kansas City , Missouri, Japan

☆ 'Five Nights at Freddy's' rides PG-13 rating, video game fame to Halloween box office crown
▼ + stars: | 2023-10-30 | by ( Mike Calia | ) www.cnbc.com time to read: +1 min

If anything was going to topple Taylor Swift at the box office, it had to be a killer animatronic bear, right? Swift's "Eras Tour" concert film came second for the weekend, with an estimated $14.7 million, putting its domestic total at $149.3 million. "Five Nights" is also based on a popular horror-survival video game series that gave it a built-in younger audience. That helped it overcome generally awful reviews that left the film with a 26% "rotten" rating on movie-review aggregator Rotten Tomatoes. Data firm EntTelligence said the movie accounted for 65% of foot traffic to theaters during the weekend.

Persons: Taylor Swift, Chuck E, EntTelligence, Audiences, Emma Tammi's Organizations: Universal, Rotten

☆ 'Barbenheimer' tops $235 million in domestic debut, eyes second-highest box office weekend ever
▼ + stars: | 2023-07-23 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

"Barbenheimer" exploded over the weekend, generating an estimated $235.5 million in ticket sales and reinvigorating the domestic box office. "It was a truly historic weekend and continues the positive box office momentum of 2023," said Michael O'Leary, president and CEO of the National Association of Theatre Owners. Some box office analysts project that Monday's official weekend numbers could be quite a bit higher than Sunday's estimates, and push "Barbenheimer" weekend up the charts. The success of "Barbenheimer" comes at a time when the domestic box office has faced some hurdles. They've reignited the summer box office flame, and they've proven that studios can be a little more aggressive with counter-programming strategies in the future."

Persons: Barbie, Oppenheimer, Shawn Robbins, Michael O'Leary, O'Leary, Paul Dergarabedian, Harrison Ford, Indiana Jones, Robbins, They've, NBCUniversal Organizations: Marvel, Star Wars, Warner Bros, National Association of Theatre, Rotten, Angel Studios, Comcast, CNBC Locations: Hollywood, NBCUniversal

☆ 'Spider-Man: Across the Spider-Verse' opens to $120.5 million, second-highest debut of 2023
▼ + stars: | 2023-06-04 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Spider-Man returned to the big screen this weekend, webbing up an estimated $120.5 million at the domestic box office. Sony's "Spider-Man: Across the Spider-Verse," the much anticipated sequel to the Academy Award-winning "Spider-Man: Into the Spider-Verse," had the second-biggest opening of 2023, just behind Universal's "Super Mario Bros. The film also marks the third-best opening weekend for any Spider-Man film, animated or live-action. The film has secured $186.2 million in domestic ticket sales and stands at $326.7 million globally. Additionally, Disney's "The Boogey Man" opened to $12 million in domestic ticket sales and Universal's "Fast X" added $9.24 million in ticket sales over the weekend, bringing its domestic haul to $128.4 million.

Persons: Universal's, Mario, Paul Dergarabedian, Shawn Robbins, Robbins Organizations: Academy, Mario Bros, BoxOffice.com, Disney, Guardians, Galaxy, Comcast, CNBC Locations: EntTelligence, NBCUniversal

☆ Movie theaters aren't dying — they're evolving
▼ + stars: | 2023-02-25 | by ( Sarah Whitten | ) www.cnbc.com time to read: +9 min

As the space contracts, cinema operators are investing in the basics, improving sounds, picture quality and seating as well as in bolstering its food and beverage offerings, events and alternative programming. While cinema operators are pleased that studio production has increased, they are no longer taking audiences for granted. Over the last few years, movie theater operators have been removing traditional digital projectors and installing laser units, citing cost savings over time and a better picture quality for moviegoers. Many theater operators told CNBC they are planning similar upgrades to sound systems, saying they have partnered with companies like Dolby to bring quality speakers into their auditoriums. So far in 2023, that premium ticket average is higher — $17.33 each — because so many moviegoers saw Disney's "Avatar: The Way of Water" in premium formats and 3D.

☆ Marvel's 'Ant-Man and the Wasp: Quantumania' scores $104 million during domestic debut
▼ + stars: | 2023-02-19 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Paul Rudd is Scott Lang, aka Ant-Man, alongside Johnathan Majors as Kang the Conqueror in "Ant-Man and the Wasp in Quantumania." Disney and Marvel Studios' "Ant-Man and the Wasp: Quantumania" scored an estimated $104 million at the domestic box office during its opening weekend. "Quantumania's" domestic haul is nearly double what the first standalone Ant-Man film opened to in 2015 and marks the 31st consecutive MCU release to debut at number one at the domestic box office. Internationally, "Quantumania" took in $121 million, bringing its estimated global haul for the three-day spread to $225 million. "'Ant-Man and the Wasp: Quantumania' sets into motion what looks to be week after week of solid moviegoing and creates momentum for a solid summer movie season."

☆ AMC Theatres shouldn't be charging more for the best seats — it should be getting rid of the empty ones
▼ + stars: | 2023-02-11 | by ( Travis Clark | ) www.businessinsider.com time to read: +4 min

AMC Theatres announced this week that it would charge more for the best seats in its auditoriums. Here's what it looks like on the AMC Theatres website for a screening at a New York City location:What the new seat pricing looks like on the AMC Theatres website. "This new initiative by AMC Theatres would essentially penalize people for lower income and reward for higher income." AMC's seat-pricing plan isn't going to help the theatrical business. Patrick Corcoran, spokesman for the National Association of Theatre Owners, told Insider in September.

☆ Movie theaters get creative with food and drink as they struggle to fill seats
▼ + stars: | 2023-02-08 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +9 min

At many movie theaters, popcorn and soda appear alongside flatbreads, lobster grilled cheese and elaborate cocktails. "It is things like concessions and how that fits into a broader movie theater experience that really are things that movie theaters need to focus on and hammer in," Gallinari said. AMC Entertainment , the world's largest movie theater chain, exited its third quarter with more than $5.3 billion in debt. According to data from research firm EntTelligence, the average medium popcorn at domestic movie theaters is $8.14, while a medium drink runs for $6.20. "With movie theaters and concessions already having a reputation for being overpriced, being subject to the wills of the market in that way can really work against the movie theater's favor," Gallinari said.

☆ More than half of all 'Avatar: The Way of Water' tickets have been for 3D showings
▼ + stars: | 2023-02-06 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

For comparison, all other movies released in 2022 — not including "The Way of Water" — saw less than 14% of ticket sales from premium showings, averaging $15.76 a ticket. Bolstering box office numbers for the film is the push from Disney and Cameron for 3D showings. Since its release, the "Avatar" sequel has seen more than 56% of its tickets sold for 3D showings. The original 2009 "Avatar," which is the top grossing film of all time, also did well with 3D and premium tickets. To be sure, "The Way of Water" has not reached its historic box office just because of surcharges for 3D and premium format screenings.

☆ You'll have to pay more to see a movie at an AMC Theatre if you want prime seating
▼ + stars: | 2023-02-06 | by ( Travis Clark | ) www.businessinsider.com time to read: +2 min

It's the latest evolution in variable pricing at movie theaters. AMC Theatres, the largest theater chain in the world, announced new pricing variations for seating on Monday in an imitative called Sightline at AMC. The variable pricing is for any showtime after 4 pm, and doesn't apply to "Discount Tuesdays," AMC said. Here's the catch: Value Sightline is only available for members of AMC's subscription program, AMC Stubs A-List. But it's also the latest evolution of variable pricing at movie theaters — which has until now been more focused on charging different prices based on the movie or format, and not necessarily on seat location.

☆ 'Avatar: The Way of Water' opens to $134 million, just missing box office expectations
▼ + stars: | 2022-12-18 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Internationally, "Way of Water" tallied $300.5 million, bringing the film's opening weekend haul to $434.5 million. The Chinese box office contributed around $265 million to "Avatar's" global tally a decade ago, but the market has grown significantly since. Since cinemas reopened in the country, it has been one of the fastest markets to recover and generate box office success. Box office analysts aren't concerned with the movie's smaller-than-expected domestic box office, particularly because of how it has played internationally. "It's premature to qualify the film's degree of success at this stage, especially with Cameron's history of long runs at the global box office," Robbins added.

☆ 'Avatar: The Way of Water' makes $17 million in Thursday previews, driven by big 3D sales
▼ + stars: | 2022-12-16 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

James Cameron's "Avatar: The Way of Water" snared $17 million during its Thursday night previews on its way towards a $175 million opening weekend. Premium formats will be a big factor in the film's opening weekend and its overall box office run. EntTelligence estimates that for "The Way of Water" 3D tickets will average around $16.50 each while 2D will cost around $12.50 a piece. Meanwhile, in Asia-Pacific, which includes Korea, Thailand, Indonesia and the Philippines, 39% of box office receipts were for these more expensive showings. The film had incredible staying power at the box office, running in theaters through August 2010, a staggering 234 days.

☆ 'Black Panther: Wakanda Forever' eyes $180 million opening weekend, highest November debut ever
▼ + stars: | 2022-11-13 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Disney and Marvel Studios' "Black Panther: Wakanda Forever" snared an estimated $180 million during its domestic debut, earning it the record for the biggest opener in the month of November and the second-highest opener of 2022. "Wakanda Forever" is estimated to pull in 12.7 million patrons this weekend, according to data from EntTelligence. Only Marvel's "Doctor Strange in the Multiverse of Madness" has pulled in more moviegoers, bringing in 13.7 million during its opening weekend in May. If "Wakanda Forever" sees a surge in ticket sales Sunday, it could surpass that figure. Like "Black Panther," "Wakanda Forever" features a predominately Black cast, but it also has several Hispanic actors.

☆ ‘The Woman King’ poised for big box-office run after surprisingly strong opening weekend
▼ + stars: | 2022-09-20 | by ( ) www.nbcnews.com time to read: +2 min

During a lull in the movie calendar, Gina Prince-Bythewood’s “The Woman King” is generating the kind of buzz — and ticket sales — that the box office desperately needs. ″‘The Woman King’ opened on the high end of our expectations and looks poised for a very healthy theatrical run thanks to strong word of mouth,” said Shawn Robbins, chief analyst at BoxOffice.com. Overall ticket sales were driven predominantly by older female viewers, a demographic that has been slower to return to cinemas coming out of the Covid pandemic. Additionally, Black audiences accounted for 56% of all opening weekend ticket sales in the U.S. and Canada. “Much like ‘Black Panther,’ ‘The Woman King’ demonstrates that positive, culturally based stories can resonate strongly among all audiences,” said Paul Dergarabedian, senior media analyst at Comscore.

☆ 'The Woman King' poised for big box-office run after surprisingly strong opening weekend
▼ + stars: | 2022-09-19 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

During a lull in the movie calendar, Gina Prince-Bythewood's "The Woman King" is generating the kind of buzz — and ticket sales — that the box office desperately needs. "'The Woman King' opened on the high end of our expectations and looks poised for a very healthy theatrical run thanks to strong word of mouth," said Shawn Robbins, chief analyst at BoxOffice.com. Overall ticket sales were driven predominantly by older female viewers, a demographic that has been slower to return to cinemas coming out of the Covid pandemic. Additionally, Black audiences accounted for 56% of all opening weekend ticket sales in the U.S. and Canada. "Much like 'Black Panther,' 'The Woman King' demonstrates that positive, culturally based stories can resonate strongly among all audiences," said Paul Dergarabedian, senior media analyst at Comscore.

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