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UPDATE 1-Box Office: ‘In the Heart of the Sea’ Flops With $11 Million Debut

LOS ANGELES (Selection.com) – Ron Howard’s “In the Heart of the Sea” sunk at the box workplace, mustering up a measly $ 11 million after debuting in three,103 theaters.

It really is a painful flop for the director behind “A Beautiful Thoughts” and “Apollo 13.”

1 of the worst of his Oscar-winning profession. With an $ 100 million production budget, the film will likely result in a steep write down for Warner Bros., the studio behind the seafaring epic.

“In the Heart of the Sea’s” failure is the most current in a long string of missteps and disasters for the company, which is reeling from a litany of disasters that contains “The Man From U.N.C.L.E.,” “Jupiter Ascending,” and “Pan.”

The studio did catch a break more than Thanksgiving when “Creed” emerged as a sleeper hit and its monetary exposure is softened on “In the Heart of the Sea” because Village Roadshow was a economic companion.

“We stand behind Ron and his vision for the story,” mentioned Jeff Goldstein, Warner Bros. distribution executive vice president. “We believe in him. He’s a terrific filmmaker. But some films function and unfortunately some motion pictures do not.”

“In the Heart of the Sea” reunites Howard with Chris Hemsworth. The pair previously collaborated on the racing drama “Rush.” It centers on the Essex, a whaling vessel that had a violent encounter with a sperm whale. The nautical disaster inspired Herman Melville’s”Moby Dick.” Outside of the “Thor” films, Hemsworth has struggled to establish himself as a box workplace draw — “Rush” and this year’s cyber thriller “Blackhat” both fizzled.

The film is the latest adult oriented drama to collapse at the box office, joining a list that consists of “Steve Jobs,” “Our Brand is Crisis,” and “Burnt.” The opening weekend audience for “In the Heart of the Sea” skewed older. Ticket purchasers have been 54% male and 68% over the age of 35. 3D screenings accounted for 42% of receipts.

Warner Bros. hopes it can make up some ground over the holidays, noting that the B+ CinemaScore indicates word-of-mouth will be solid.

“The adult audience has been slow to come out and that’s frustrating since this is a story nicely told,” stated Goldstein.

Of course, the entire weekend was a throat clearing of sorts as the movie organization braces for the debut of “Star Wars: The Force Awakens” next week. The return to a galaxy far, far away is on pace to shatter records for a December opening and could threaten “Jurassic World’s” debut of $ 208.eight million to become the greatest launch in history.

With “In the Heart of the Sea” flailing, “Hunger Games: Mockingjay – Component 2” captured first location for the fourth straight weekend with $ 11.3 million. The science-fiction franchise capper has earned $ 244.five million domestically.

Amongst holdovers, “The Excellent Dinosaur” nabbed second place with $ 10.five million, bringing its domestic total to $ 89.7 million. “Creed” captured fourth position with $ 10.1 million. The boxing drama has earned $ 79.3 million after 3 weeks of release.

“Krampus” dropped 58% in its second weekend of release to round out the prime 5 with $ 8 million. The Christmas-themed horror film has earned $ 28.1 million stateside.

UPDATE 1-Box Office: ‘Hunger Games’ Leads Thanksgiving Pack, ‘Creed’ Scores

(Adds specifics of other movies)

By Brent Lang

LOS ANGELES, Nov 29 (Variety.com) – Moviegoers mentioned goodbye to Katniss Everdeen and welcomed back Rocky Balboa, a series of farewells and reunions that powered Thanksgiving box office receipts above last year’s holiday.

“The Hunger Games: Mockingjay – Element 2” led a crowded field of contenders, topping charts with $ 75.eight million and bringing its domestic total to $ 198.three million. It marks the final film in the hugely well-known series, even though Lionsgate, the studio behind the franchise, has hinted it wants to figure out ways to generate future spin-offs.

The previous two “Hunger Games” films have each debuted the week just before Thanksgiving and gone on to rule multiplexes more than the vacation. Its dominance is virtually a vacation tradition.

If “Mockingjay – Component 2’s” powerful returns was a familiar Thanksgiving sight, the huge surprise was how nicely “Creed” performed. The film effectively brought back Sylvester Stallone’s iconic Rocky character and revived a boxing franchise that seemed like a Reagan-era relic following racking up $ 42.six million more than the five-day holiday period.

Metro-Goldwyn-Mayer and New Line co-developed and co-financed the film, which centers on Rocky rival Apollo Creed’s illegitimate son (Michael B. Jordan) and his efforts to continue his father’s boxing legacy. Stallone plays his coach and confidant. It ought to have no problems creating back the $ 37 million that the studios spent placing the “Italian Stallion” back in the ring.

Pixar’s “The Very good Dinosaur” capitalized on college holidays, becoming the de facto choice for households. The animated film earned $ 56 million over the five-day holiday. That’s a solid result and the fourth highest five-day Thanksgiving opening, but it is somewhat disappointing given Pixar’s track record as the most productive provider of all-ages entertainment. It ranks as the third lowest debut in organization history. Pixar did not provide a price range number, but judging from the price of its previous films, this 1 probably carries a $ 200 million value tag.

“The Very good Dinosaur” had a troubled production history. The film’s debut was pushed back by two years and its original director Bob Peterson was pulled from the project over inventive disagreements. He was replaced by Peter Sohn and the film underwent a massive overhaul.

The holiday period had some casualties. Fox’s “Victor Frankenstein” was dead on the slab after earning a torpid $ 3.4 million from 2,797 theaters over its first 5 days. The try to revive Mary Shelley’s monster story price $ 40 million to produce and starred James McAvoy and Daniel Radcliffe. It stands as 1 of the year’s greatest flops.

In the holdover realm, “Spectre” took in $ 18.2 million, driving its domestic earnings to $ 176.1 million. The film has now grossed more than two of Daniel Craig’s earlier James Bond outings “Casino Royale” ($ 167.four million) and “Quantum of Solace” ($ 168.four million), but seems unlikely to match the higher-water mark set by “Skyfall” ($ 304.four million).

“The Peanuts Film” wasn’t fully overshadowed by “The Excellent Dinosaur.” The adaptation of the Charles Schulz comic strip picked up $ 13.6 million, pushing its total to $ 116.six million.

Amongst art house releases, Focus Attributes premiered “The Danish Girl,” a drama about a transgender artist who undergoes a single of the 1st sex alter operations, in 4 theaters in New York and Los Angeles. It grossed an estimated $ 185,000, for a solid per-theater average of $ 46,250.

The Weinstein Organization appears to be scoring with “Carol.” The romance about two lesbians pushing against conformity in the 1950s made $ 203,000 from 4 theaters more than 5 days. Soon after two weeks, the film has generated $ 588,000.

Open Road’s “Spotlight,” the extensively acclaimed drama about the Boston Globe’s investigation of pedophile priests, continued to execute well in its expansion. The Oscar contender added $ five.7 million to its $ 12 million haul soon after moving from 600 to 897 areas.

Fox Searchlight’s “Brooklyn” also used the holiday period to broaden its footprint. The story of an Irish immigrant creating her way in 1950s New York took in $ 4.8 million right after rising from 598 to 897 locations. It has made $ 7.three million in its very first three weeks.

Final outcomes are nonetheless trickling in, but it seems that the vacation will outpace last year’s ticket sales by a lot more than 10%. The uptick follows numerous weekends of disappointing returns as flops like “The Last Witch Hunter,” “The 33” and “Steve Jobs” pulled down box office final results. Most analysts expect that regardless of the fall lassitude, the domestic box office will cross $ 11 billion for the 1st time in history.