and Exits are very good here at 87% positive and 73% definite recommend, with a 90% fresh on Rotten Tomatoes. With a $75 million budget, the film likely needs to gross around $275 million worldwide to net a profit. 6 on Billboard's Hot 100, while Encanto 's Original Soundtrack is back at No. And studios did not hedge their bets by offering simultaneous streaming options. Encantois a female driven story about a girl who is trying to ward bad luck off from her gifted family in Colombia, while Coco is Mexico-set, about a boys connections with his familys souls in the Land of the Dead, as he confronts their ban of music in his quest to find his great-great-grandfather, a legendary singer. Abuela's backstory was a bit different in an early draft of "The Family Madrigal." First off, her name was originally Alba, not Alma. Though it is an impressive opening considering the genre, the film hada $75 million budget, the same as Ghostbusters: Afterlife. With a worldwide opening of slightly below $35 million, unless something unworldly happens, there is no chance the film clears $275 million worldwide and makes a profit. As it turns out, were looking at a modest weekend, with audiences hovering around their long term trend rather than rushing back to theaters. March 1, 2022. All of this is great news as the movie begins its ascent during awards season. Both "Toy Story 3" and "Toy Story 4" grossed more than $1 billion at the box office. Encanto works on multiple levels. Make that an abundance of moviegoers, particularly the crowd that doesnt come on opening weekend. But they werent the only major players here. Free Guy earned $121 million from a $28 million launch, Cruella legged out to $85 million from a $26.5 million Fri-Mon Memorial Day weekend debut, Shang-Chi will pass $225 million domestic from a $94 million Fri-Mon Labor Day launch, Jungle Cruise topped $120 million from a $35 million bow and even Raya earned $56 million from an $8.5 million opening weekend. BoxOfficeMojo.com by IMDbPro - an It became the most-watched feature on the site, topping the prestigious Nielsen ratings with over 1.5 billion minutes of viewing. Disney merchandise is another big earner for the company. But this is a very mediocre debut gross. During its first full week on Disney+, "Encanto" also topped Nielsen's ranking of streaming movies, beating Netflix's "Don't Look Up," which was also in its first full week of release and was viewed for 2.02 billion minutes in the US. Viewership data supports that "Encanto" has been a word-of-mouth hit on streaming. He joined The Times in 2007 as a business reporter focused primarily on the Walt Disney Company. "They just need to see it. The film has great exits at four stars on Screen Engine/ComscoresPostTrak, an 82% positive score, and 60% definite recommend, providing plenty of runway into the year-end holiday. Mirabel is a 15-year-old teenager living in an isolated magical village in Columbia where every child who turns five receives a magical gift. The movie grossed$27 millionthisweekend,and profitscomeup to $40.3 million whenfactoringin the Wednesday and Thursday holiday showings. All Rights Reserved. )Resident Evil: Raccoon City(Sony) 2,803 theaters, Wed. $2.5M/Thurs $1M/Fri $2M/3-day $5.3M, 5-day $8.85M/Wk 1, 6.) Encanto,if you think about it, was arguably meant to play second fiddle toTop Gun 2. But Mirabel and perhaps this is her magical powersees in the rest of the family what they cant see in themselves. Children as young as five became eligible for coronavirus vaccinations in the United States on Nov. 2. But they werent the only major players here. 'You're so mature for your age' isn't always a compliment. The gap is not visible from a bird's eye overview of the tower from a minute before. Pico is the lovable animal sidekick to . Related:Twitter Is Obsessed With Lin-Manuel Mirandas Music In Disneys Encanto. Even with Spider-Man: No Way Home expected to vacuum up dollars next month, Im sure December will be a little light. Millions are spent every year on dolls, outfits, DVDs and other items relating to popular movies - both online and in official Disney stores. Animatedfamily films have had fantastic holds week-to-week relative to their competition this year, so that is another point in favor of Encanto. Additionally, the next major release isnt for another two weeks (Steven Spielbergs West Side Story), giving the film a needed buffer from competition. Nonetheless, theres a divide between critics and audiences on House of Gucci, and it appears moviegoers are overpowering. The magic of the Encanto has blessed every child in the family with a unique gift every child except Mirabel. The animated film opened on Thanksgiving weekend with a rather disappointing $27 million domestic pull - many millions lower than Disney had perhaps been hoping for and expecting. Mara Cecilia Botero Salary : $ 150,000 3. And lets not forget the box office at the end of the day is about product. Signup for Breaking News Alerts & Newsletters. How much money did this film make, anyway? Tell us what you think of this new movie, and let us know if youve seen it! A holiday weekend dominated by family fair like Encanto and Ghostbusters: Afterlife, with a side dish of the older-skewing House of Gucci is a welcome sight, but the big question was who would show. The data shows how animated movies play a vital role in driving engagement to Disney+, even when released first to theaters. Unlike her siblings and cousins, Maribel is a little different from the rest of the people in her family. Dune(WB/Leg) 1,312 (-1,155) theaters, Fri $493K (+3%)/3-day $2.2M (-29%), 5-day $3.1M/ Total $102.3M/Wk 6, 9.) The Madrigals are an extraordinary family who live hidden in the mountains of Colombia in a charmed place called the Encanto. Lets go over the history of Encanto, look at its release, and then see the masses of cash this film earned for Disney. At the same time, were watching very, very carefully different types of movies to see how the different components of the demographics of that market come back.. Domestic ticket sales for Encanto nonetheless set a pandemic-era record for an animated film. Among family movies during the pandemic with previews,Encantois ahead of UniversalsThe Boss Baby: Family Business, which did $1.3M on a Thursday afternoon starting at 4 p.m.; that pic however was also day-and-date on Peacock and theaters. Top TV networks runningEncantospots were Disney Channel (12.1%), ABC (11.0%), Hallmark (8.0%), Nick (7.6%) and FOX (7.0%) across such shows as NFL games, Big City Greens, Miraculous: Tales of Ladybug and Cat Noir, SpongeBob SquarePants and college football. People everywhere love the movie for its heartwarming storyline, loveable characters, and diverse Latinx representation. House of Gucci(UAR/MGM) 3,441 theaters, Wed. $4.2M/Thurs $3.39M/3-day $15.4M, 5-day $23M/Wk 1, 4.) Disney's Encanto made its theatrical debut on November 24, 2021, and debuted on the Disney+ streaming platform one month later on Christmas Eve. But until then, House of Gucci is looking at a $20M+ 5-day, and thats a victory worth celebrating, as 31% of its audience was over 45, the best B.O. La #FamiliaMadrigal awaits you on the big screen for a warm magical welcome into Disney's Encanto, now playing only in theaters. Young millennial Latinx viewers can relate to the sometimes painfulfamily dynamics of the Madrigals. What movies with stockpiled interest costs are actually profiting in their theatrical window in this hobbled global pandemic marketplace? The movie was a hit with critics, who praised the movie's cultural understanding, catchy songs, and tender story. Mostly entertaining but I got bored many times (maybe because I'm an adult and this is geared toward kids). Among Tuesday previews for Disneys original animated movies over Thanksgiving, all pre-pandemic, Encantois ahead of Pixars 2015 The Good Dinosaur, which did $1.3M on Tuesday night before $9.76M Wednesday, and $55.4M over five days. Only, "Encanto" got a big boost after it became available on Disney+ after its theatrical run, and it's been able to sustain that engagement. To repeat ourselves, its about product, and coming in low is Sony/Screen Gems/Constantins Resident Evil: Welcome to Raccoon Cityis seeing $5.3M for the 3-day and $8.85M for the five-day at 2,803 locations. Sure, the shorter windows or concurrent streaming debuts for Halloween Kills, F9, No Time to Die and A Quiet Place part II didnt terribly impact grosses, but A) Id argue the studios didnt go out of their way to alert consumers that they could wait a month or so and B) Disney+ has a lot more active/paying subscribers than Peacock or Paramount+. Most of the franchises that weve had at the Walt Disney Company have been built through the theatrical exhibition channel of distribution, Bob Chapek, Disneys chief executive, told analysts on an earnings-related conference call on Nov. 10. For example, if our weekly retail survey estimates that a particular title sold 1% of all units that week, and the industry reports sales of 1,500,000 units in total, we will estimate 15,000 units were sold of that title. I think I expected too much also because I absolutely loved Coco and it's one of my favorite films. We want to hear from you! Bruno, your room is the worst! Online engagement for "Encanto" when it first hit theaters was twice as high as when "Luca" and "Raya" first debuted, according to analytics firm Diesel Labs. The movie found success in North American territories, Europe, and emerging Asian markets, and held the top spot momentarily, maintaining a solid run over the following months. MoanaandCoco had Tuesday previews before Turkey day of $2.6M and $2.3M, respectively, but no one is expecting Encantoto reach those opening heights. Rakesh Sharma Published November 29, 2021 The Walt Disney Company ( DIS) scored yet again at the box office over the Thanksgiving weekend. The pics opening day includes Tuesdays previews. Despite the marketing machine behind Encanto, it appears as though the dollar reaction (as opposed to the audience reaction) at the box office seems to think its Coco all over again at Thanksgiving, and that the materials didnt distinguish or set Encantoapart enough from its predecessor. Its easier to argue that Encanto stumbled domestically this weekend because Disney put more emphasis on Disney+, scary reports of a new Covid variant kept audiences at home (which doesnt explain the conventional weekend multiplier) or that the toon was generically marketed and didnt stand out in the materials from the spirited young girl goes on a quest to save her family toons like Moana and Raya and the Last Dragon. Venom: Let There Be Carnage(Sony) 1,537 (-693) theaters, Wed $335K (+2%), 3-day $1.52M (-48%), 5-day: $2.2M/ Total $209.5M/Wk 9, 11.)
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