“Who is watching the Watchmen?” Just about everyone…or so it seems.

The brand new film adaptation of the classic graphic comic Watchmen is a hit of monstrous proportions on its opening weekend, but not everyone loves it. In fact, not only is there a prominent character named Rohrschach (played by Oscar nominee Jackie Earle Haley), the film itself is serving as a Rohrschach Test for critics, fanboys and the broader public.

The Zack Snyder-directed $120M epic started with $4.5M in Thursday midnight business which is outstanding. There was no way for Watchmen to approach the $18.5M midnight start for lat summer’s The Dark Knight. First off, it is March and not the middle of summer blockbuster season. Kids have school. People are working. These are not the lazy days of July when it is easier for many to see a movie at midnight on Thursday, and hit the office late on Friday. The other factor is the movie’s rating. This is an R-rated movie, not PG-13 like The Dark Knight. (more…)

Tyler Perry is the king of the Hollywood box office for Academy Awards weekend. Tyler Perry’s Madea Goes To Jail (Lionsgate) debuted with just 2,032 playdates on Friday and scored a monstrous $14.65M for a Per Theatre Average of over $7,000. The final weekend take could be $41.12M.

The box office king....err....queen of Oscar weekend

Although I am not necessarily a fan of Tyler Perry movies, I am a Tyler Perry fan. He traveled the country for years doing live stage shows in order to fine-tune his act, and he identified an under-served audience – African Americans, and more specifically black, Christian women. Now he makes two movies a year, and he has two television series’ on TBS – House of Payne and Meet the Browns. He built a multi-million dollar studio in an under-served area in Atlanta, taking advantage of tax credits for building in a blighted neighborhood. Now he is building a mini-empire. He produces, writes, directs and stars in his projects, and he even helps to finance them.

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Filmmaker Tyler Perry, with Oprah Winfrey as a role model, has consistently outsmarted Hollywood moguls since his debut feature Diary of a Mad Black Women. That Gospel-infused “fat-suit-in-drag” comedy was made for a mere $5.5M and scored an opening weekend of $21.9M, ultimately generating $50.6M in domestic sales.

The entrepreneurial spirit is alive and well with Tyler Perry

At only 39, Perry is building an empire. He officially christened Tyler Perry Studios last October in Atlanta with a star-studded event. The multi-million dollar project is a sprawling 30-acre working production facility in southwestern Atlanta, and the opening night party featured appearances by legendary African American actors like Sidney Poitier, Cicely Tyson, Ruby Dee, Lou Gossett, Jr. and Will Smith.

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After I posted my original Early Estimates column on Big Hollywood last night, I received a Facebook message from Platinum Dunes partner and Friday the Thirteenth producer Rob Fuller saying “I hope you’re right.” My Friday estimate last night was for a robust $20M, and Variety is reporting $19.3M this morning. “We were hoping to do $10M-$11M yesterday,” he told me this morning.  “In our wildest dreams we couldn’t have imagined that.”

I originally projected $51.25M for the 4-day weekend on Friday night, amd some analysts have the new Jason Voorhies saga sailing higher basec on early rerturns (I am now projecting $47M for 4 days). The combination of Valentine’s Day and a school holiday Monday for President’s Day make predicting the movie’s long weekend haul a tricky call, but regardless, this is great news for Warner Bros, which has the domestic distribution rights, Paramount, handling international distribution, and Platinum Dunes.

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Although America is suffering through its worst economic downturn since the Great Depression, there is no recession in the movie business. Led by the Warner Bros reboot of Friday the Thirteenth and a couple of surprisingly strong chick flicks, Hollywood’s top twelve grossing movies may grab a combined $201.5M over the long President’s Day weekend holiday, which marks an all-time best for the annual 4-day movie-going bonanza.

TOP GROSSING PRESIDENT’S WEEKENDS FOR HOLLYWOOD
- combined gross of top 12 films -
1. 2009 – $201.5M (estimated)
2. 2007 – $167.8M
3. 2008 – $141.1M
4. 2003 – $141M
5. 2005 – $137.1M

Director Marcus Nispel (2003’s Texas Chainsaw Massacre remake) and the Platinum Dunes production company have gotten the all-new Friday the Thirteenth off to a spectacular $19.3M opening day. That could translate to a well-above-expectations $47M by Tuesday morning. The new Jason restart quickly follows the Platinum Dunes success of The Unborn, released on January 9 to a $19.8M 3-day take. That David D. Goyer written and directed genre pic was made for just $16M, and The Unborn has generated an estimated $42M in the US.

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