Summer 2019 Box Office Ends Flat, Led By ‘Angel Has Fallen’ and ‘Good Boys’

IndieWire | 9/1/2019 | Staff
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Along with the Super Bowl Sunday, Labor Day Weekend is considered an annual box-office nadir. And with no new films opening in more than 1,000 theaters, this year looked self-fulfilling prophecy. Even so, and without a hit on the level of last year’s “Crazy Rich Asians,” the falloff looks like only a little more than 10% from last year.

That’s surprising on a weekend that, on paper, looked to be the worst of 2019 — especially with the projected hurricane preparation damage in the Southeast. Instead, it was about $88 million, far from terrible; the worst was around $60 million, early this century.

Summer - Season - Year - % - %

This leaves the summer season essentially flat from last year — up or down 1%-2% from last year, depending on whether one includes the last week of April when, like last year, a huge Marvel hit opened. That leaves annual grosses about 6.5%, or $530 million, below last year.

Eight of the top 10 titles dropped 30% or less. The average falloff — yes, the holiday helped — was only about 24% (not including the jump for the greatly expanded run Sony pushed for the added footage “Spider-Man: Far from Home”). That’s a respectable result for a weekend with little new to offer.

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Last week’s “Angel Has Fallen” had a better second-weekend hold than its two predecessors, which didn’t benefit from a holiday boost. Still, for a three-quel of a mid-level franchise in a box-office dead zone, Lionsgate has to be pleased with the results so far.

“Angel” projects to a $55 million-$60 million domestic total, with the international results ahead (if similar to past entries) much bigger. Of note is the boost for Gerald Butler, an action star who ran the risk of falling into disinterest. Here’s how tough it is: Lost in the shuffle this weekend was Liam Hemsworth’s crime...
(Excerpt) Read more at: IndieWire
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