Movie theaters across the country served up plenty of popcorn and soda on Saturday, as the industry slashed tickets to just $3 in a one-day promotion to mark National Film Day. With no big new movies on the Labor Day market, Hollywood studios didn’t have much to lose. The discount paid off as more than 8 million customers went to the cinema, the busiest day of the year, compared to just 1 million the day before.
It was the resounding winner of the festive long weekend Top Gun: Maverickthat has grown since the relaunch of Sony Spider-Man: No Way Home Monday’s estimates topped the list with a four-day gross of $7.9 million, including $6 million for the three-day weekend.
It’s one of the lowest grosses in decades for a film topping the Labor Day chart, but a remarkable result for a film that is in its 15th weekend grossing over $1.4 billion globally. In fact, it’s the first time a movie has been number one on Memorial Day and Labor Day. And even better, Tom Cruise’s blockbuster has crossed the $700 million mark to surpass him. black Panther and became the fifth highest-grossing film of all time with $701.2 million).
On Sunday, Sony announced a victory for the long Labor Day holiday. Spider manHis earnings for three days were $6 million and $7.6 million for four million. instead of, there is no way home — which grossed $1.9 billion globally, including over $800 million domestically — totaled $5.4 million in three days and $6.6 million in four days, falling behind at third place. superior weapon 2 And fellow Sony photo Bullet trainwhich grossed $5.7 million in three days and $7.3 million in four.
Paramount’s Sunday ratings showed superior weapon 2 It grossed approximately $5.5 million in three days and $7 million in four days.
But the normal model of a full holiday weekend was unreliable due to $3 on Saturday, meaning the order of movies could change after the final weekend numbers were tallied, which they did.
The spectacular Labor Day ticket sales ended a very promising summer season for Hollywood exhibitors and studios as they emerge from the pandemic. The May-July corridor was a great boom led by superior weapon 2 and including other tents jurassic world domain, Doctor Strange and the Multiverse of Madness, Minions: The Rise of Gru s Thor: love and thunder. He has also worked on medium and small films. Elvis dear indie everything everywhere at the same time.
According to Comscore, summer revenue is estimated at $3.4 billion. This is 94% more than in 2021, but 21% less than in 2019.
However, August brought a product drought due to supply chain issues, which explains why the Labor Day weekend was overtaken by some movies that had been on the market for months.
Another Labor Day weekend re-release that impressed was Steven Spielberg’s iconic summer photo. jaws, which offered 3D or Imax. The film, which played in 1,246 theaters, grossed about $2.3 million in its three-day weekend and more than $3 million in four, good enough for a 9 or 10 spot. noted by a competing distributor, “not bad for a 47-year-old film).
jaws placed in front of a new specialized film, Call Jesus. save your soul. The Focus Features launch, which aired in 1,882 locations, raised approximately $1.4 million in three days and $1.8 million in four days.
Roadside attractions posted a featured image Gigi and Nat 1184 in theaters. The film is expected to gross about $1.3 million in four days.
Not surprisingly, Saturday was the biggest day of the Labor Day weekend. Family Movies Presented by Warner Bros.’ DC’s League of Super PetsIt does especially well when parents and children are looking for ways to deal with the scorching heat in the west (which, in fact, has affected all customers).
DC’s League of Super Pets He earned about $5 million in three days and $6.4 million in four days for fourth place.
The National Cinema Day was conceived by Fundación Nuevo Cine in partnership with the National Association of Theater Owners and other companies. The $3 promotion was made to celebrate the resurgence of summer at the box office, as well as movies in general. NATO has not released an updated average ticket price since 2019, when it was $9.16, but data and analytics firm EntTelligence says it’s north of $12.
“This event surpassed our wildest expectations,” said Jackie Brenneman, president of the Film Foundation. “The idea of the day was to thank viewers for an amazing summer, and now we have to thank them for this amazing day.”
Earnings will be updated again on Tuesday when the final Labor Day numbers are tallied.
This story was first published on September 4 at 9:34 am
Source: Hollywood Reporter
Emily Jhon is a product and service reviewer at Gossipify, known for her honest evaluations and thorough analysis. With a background in marketing and consumer research, she offers valuable insights to readers. She has been writing for Gossipify for several years and has a degree in Marketing and Consumer Research from the University of Oxford.
