Each week on Atom Insider, we break down the box office numbers for all of the biggest films opening in theaters. This week, Disney’s photorealistic computer-animated remake lived up to high expectations, especially overseas. And Avengers: Endgame finally surpassed Avatar to become the highest-grossing film of all time, earning $2.79 billion at the box office to date.
This Week’s Top Earner – ‘The Lion King’
The lion usurped Spider-Man’s throne this week, opening with $185 million domestically. It had the widest release in North America ever (4,725 theaters), enough to make this the most successful opening weekend of all time for a remake (let alone one made by Disney), as well as the 9th highest-grossing opening weekend domestically, just shy of Avengers: Age of Ultron ($191.2 million).
Overseas, The Lion King was a stampede of success, earning $269 million over the weekend and $346 million overall in global markets. Its total box office now amounts to an impressive $536.8 million after just 10 days of release.
Second Place – ‘Spider-Man: Far From Home’
Now in its third week of release, Spider-Man: Far From Home (Sony) dropped a harsh 53.7% with $21 million domestically ($319.6 million total). It’s quickly crawling up to $1 billion worldwide, however, as it now counts $970.7 million, the highest gross ever for a solo Spider-Man film. Domestically, Far From Home will almost certainly surpass Spider-Man: Homecoming and Spider-Man 3 by August, but this spider will need eight legs if it wants to catch all the way up to the first Spider-Man, which finished at $403.7 million.
And Third – ‘Toy Story 4’
Disney and Pixar’s Toy Story 4 lost even more theaters than last week (460), but it still only dropped 30.3%, making $14.6 million in its fifth week of release. It needs to make another $140 million to hit the $1 billion mark, becoming the fourth Pixar film to do so. Domestically, it finally surpassed Inside Out to become the fourth highest Pixar film in North America, but it’s still another $30 million away from beating Finding Nemo to become the fourth highest-grossing Pixar film worldwide (not adjusting for inflation).
Rounding Out The Rest Of The Box Office
Crawl (Paramount) dropped just one spot to #4 with $6 million domestically, pushing its modest worldwide total to $33.7 million after two weeks at the box office. But Stuber (Fox) dropped two spots to #6, allowing Yesterday (Universal) to remain at #5 with $5.1 million after a month at the box office. Stuber has only made $21.3 million worldwide so far, and it will need another $10-20 million to break even on its production and marketing budget, we’re estimating.
Yesterday, by comparison, has proven to be a slow burn for audiences, as it’s about to hit $100 million worldwide off of a reported $26 million budget. Aladdin (Disney) has had a similarly strong endurance this summer, earning another $3.8 million domestically and landing at #7 on the Top 10 after nine weeks at the box office. At $988.8 million worldwide, the film is just days or perhaps a week away from hitting $1 billion.
Annabelle Comes Home (Warner Bros) fell one spot to #8 with $2.6 million, a sharp 52.7% drop after just a month at the box office. And Midsommar (A24) is seeing nightfall rather early at #9, making just $1.59 million in its third week after losing 1,602 theaters.
At #10 is The Secret Life of Pets 2, which is about to fall off after seven weeks at the box office. It lost almost 1,000 theaters and made just $1.53 million for a worldwide total of $318.5 million, a massive gap of money away from its predecessor.
And They’re Out
Men in Black: International (Sony) was the only film to fall off the Top 10 thanks to Lion King being the only major release. But it dropped a massive six spots to #16 after being reduced to just 554 theaters in North America. The film was outgrossed this weekend by Avengers: Endgame, The Farewell, The Art of Self-Defense, Rocketman, and John Wick: Chapter 3, with the latter two having been in theaters for weeks longer.
The MIB film is winding down its run at just $245.3 million worldwide, the lowest gross ever for one of these films and far below the box office needed to break even due to marketing costs.
Check back with Atom Insider later this week as we preview all the new releases hitting theaters this Friday.