According to studio estimates, Watchmen (Warner Bros) will finish the weekend with an estimated $55.65M. After seizing $4.5M in Thursday midnight business, there were rumblings about $29M on opening day and an opening weekend of $70M+. When the picture scored a lesser but still good $25.2M Friday, weekend estimates were revised downward. As of Saturday morning, my projection was for $57M, and Watchmen came in even lower than that.

Zack Snyder’s adaptation of Alan Moore’s densely written graphic novel tumbled 24% from Friday to Saturday. Granted, midnight shows took a lot of steam out of the movie, but that’s a pretty significant fall given that the Males 25 Plus demo – a key one for this film – were not likely part of the Thursday fanboy crowd and, despite the current unemployment rate, were working on Friday.

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“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…)

Watchmen (Warner Bros) has followed a long and winding road, passing through the hands of some remarkable directors like Terry Gilliam (The Fisher King), Darren Aronofsky (The Wrestler) and Paul Greengrass (United 93), before landing in the lap of the mastermind behind 2004’s stunning re-imagining of Dawn of the Dead and 2007’s March blockbuster 300. From the moment that the first trailer for Zack Snyder’s $120M comic book adaptation made its debut at midnight screenings of The Dark Knight in July, this has been a sure-fire mega-hit. Now, the big screen version of the 1986 graphic novel will be unleashed on Friday.

WATCHMEN writer Alan Moore has reportedly placed a curse on the movie

The original comic was written by Alan Moore and the lead artist was Dave Gibbons. The collaborators have radically different views of Snyder’s film adaptation.The latter has publicly expressed confidence in Snyder. Gibbons reveals to Wired magazine that at one point Joel Silver owned the film rights to Watchmen and that the producer was insistent that Arnold Schwarzenegger should play Dr. Manhattan. (That would have potentially been an unintentional disaster movie.)

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Tween girls will unite this weekend and transform Kevin, Joe and Nick into box office stars. Last year, Hannah Montana/Miley Cyrus: Best of Both Worlds Concert Tour ignited a box office wildfire with a $31.1M opening weekend despite only 683 3-D-equipped screens. Now Disney has the teen stars of the moment, Jonas Brothers, in the same sort of concert movie vehicle. The difference is that Jonas Brothers: The 3-D Concert Experience will open on about twice as many screens.

The precise number of 3-D screens is difficult to pinpoint. Last month, Lionsgate confirmed 1,033 Digital 3-D runs for the remake of My Bloody Valentine, and although I have not been able to confirm a hard number for Coraline (Focus), it was probably close to 1,100. Now, as the expensive $100K per screen digital conversion creeps along for exhibitors, Jonas Brothers could reach 1,200 3-D screens. Unlike Coraline, the new Disney concert movie will not be boosted by traditional 2-D 35MM playdates.

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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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Hollywood execs seem to be waking up to the power of women at America’s multiplexes. The success of He’s Just Not That Into You (Warner Bros) and this weekend’s Confessions of a Shopaholic (Disney) can be traced to Meryl Streep’s witty riff on the tyrannical Anna Wintour in The Devil Wears Prada in the summer of 2006. Prada opened to a $27.5M weekend on its way to a $124.75M domestic cume (Streep also earned an Oscar nomination).

Then in July of 2007, New Line grabbed an almost identical $27.47M with the opening weekend of the female-skewing Hairspray, translating to $118.87M domestic. Also Enchanted, starring Amy Adams, was a hit for Disney over the holidays reaching $127.8M domestic.

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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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The Drew Barrymore-produced romantic comedy He’s Just Not That Into You has made the jump from catch-phrase to self-help book to movie hit. With an all-star cast this classic ‘chick flick” appears to be winning the weekend after posting a spectacular $10.5M in opening day ticket sales. That should mean a 3-day start of $27.4M or so, easily out-pacing holdover Taken (Fox) and three other new wide releases. With this kind of opening, Not That Into You could reach almost $60M by the end of next weekend (a 4-day Presidents/Valentine’s combo), which would forecast a potential $90M in US ticket sales.

The new movie developed by New Line and now released by Warner Bros is based on the book of the same name co-written by former Sex & the City scribes Greg Behrendt and Liz Tucillo. The line itself has come to be a reassuring fallback for women in the dating scene (and I’m guessing single guys have adopted the mentality as well in the rough-and-tumble world of dating).

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