Box Office: Deadpool And Kung Fu Panda 3 Win Oscar Weekend

Box Office: Deadpool And Kung Fu Panda 3 Win Oscar Weekend

$FOX, $DIS, $DWA, $LGF, $SNE

‘Deadpool’ (NASDAQ:FOX) crosses $285-M in North America and $600-M worldwide, ‘Kung Fu Panda 3’ becomes the Top-grossing animated film of all time in China.

Deadpool continued to rule the box office in its 3rd frame, grossing $31.5-M from 3,856 theaters.

Lionsgate Film’s (NYSE:LGF), Gods of Egypt opened to an estimated $14-M domestically from 3,117 locations after costing $140-M to produce. The ancient fantasy epic also bombed overseas, where it debuted to $24.2-M from 68 markets for a worldwide box office of $38.2-M. Gods of Egypt opens in China on 11 March .

Disney’s (NYSE:DIS) animated offering Zootopia, which grossed $30-M from 31 markets for an early foreign tally of $81.4-M. Zootopia opens in the US on 4 March.

And Jeffrey Katzenberg’s DreamWorks Animation (NASDAQ:DWA) marked a Key victory as Kung Fu Panda 3 became the top-grossing animated film of all time in China with $144.2-M. The 3quel’s worldwide box office take is now $314.2-M.

Gods of Egypt is a major disappointment for Lionsgate and Butler, who had hoped the re-create the success enjoyed by Zack Snyder and Butler’s 300. The film was skewered by critics, with a 13% rating on Rotten Tomatoes.

The company’s exposure on the $140-M budget is limited to $10-Mafter foreign presales and hefty Australian tax credits, but that does not include $40-M in marketing costs.

Gods of Egypt earned a problematic B- CinemaScore.

Newcomers at the box office, Eddie the Eagle and indie crime-thriller Triple 9, also failed to attract ticket buyers, they are small films.

Eddie the Eagle opened to $6.3-M from 2,042 theaters to come in # 5. The British sports biopic stars Kingsman: The Secret Service star Taron Egerton as real-life British ski jumper Eddie “The Eagle” Edwards, while Hugh Jackman plays his coach. The film marked an A CinemaScore.

Triple 9 opened to an estimated $6.1-M from 2,205 theaters to place # 6 for Open Road Films, which received a C+ CinemaScore.

Sony’s (NYSE:SNE) faith-based Risen came in #4, declining 41% in its 2nd frame to $7-M for a domestic box office take of $22.7-M.

In its 2nd weekend, The Witch fell 43-M to $5-M for a domestic take of $16.6-M. Indie distributor A24 says this is an impressive hold for a horror title.

Oscar best picture contenders still playing in theaters saw an uptick this weekend as moviegoers rushed to catch up before Sunday’s big industry event on ABC.

Placing #10, The Revenant grossed $3.8-M to clear the $170-Mmark in North America. Globally, The Revenant crossed the $400-M mark over the weekend, finishing Sunday with a foreign box office take of $233.5-M and worldwide box office of $404-M.

Have some fun, see a movie this week.

HeffX-LTN

Paul Ebeling

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