Economy

'It' dominates Box Office weekend by taking home $117 million

'It' dominates Box Office weekend by taking home $117 million”

Made at a modest budget of $35 million, It's opening is right up with Spider-Man: Homecoming ($117 million), which shared a similar start followed by Wonder Woman ($80 million). It turns out that those guesses could not have been more wrong, as the latest figures show that the new coming-of-age/horror feature should make almost twice that much and destroy some September records on its way. Analysts thought the movie would earn $50 million to $60 million in its opening weekend.

"Whilst 'It" did well in the United States the film also did well in the UK bringing in a decent amount of $12.3 million and in Russian Federation $6.7 million.

Internationally, It is expected to bring in a further $62 million this weekend, boosting the total worldwide haul to around $180 million.

With only Beauty and the Beast and Guardians of the Galaxy Vol. 2 earning more, it's something of a landmark moment for both horror and R-rated cinema, areas which Hollywood has always been hesitant in investing in with major studio budgets. With numbers this high, there's no doubt a sequel will be made in the near future.

Box Office Mojo posted its Saturday morning update, and "It" looked good to cross the century mark and make north of $100 million this weekend in the US Box Office alone. It is only behind Captain America: Civil War and Avengers: Age of Ultron.



Like this

loading...
loading...

Latest


11 September 2017
Berry Global Group (BERY) At $56.31 Forms Top; Portalplayer (PLAY) Sentiment Is 1.26
Westpac Banking Corp's holdings in Berry Plastics Group were worth $289,000 at the end of the most recent reporting period. Moreover, Aperio Gru Ltd Limited Liability Company has 0% invested in Berry Global Group Inc (NYSE:BERY) for 7,398 shares.

11 September 2017
NOPD: Five shot in Seventh Ward overnight
Police say two people were hurt and one woman was killed in overnight shootings just blocks apart in Central City Monday morning. Sometime later, authorities say Cheneau flagged down Louisiana State Police troopers and told them unknown shooters had shot him.

11 September 2017
Rawls is questionable for Seahawks' season opener
McKissic, S Tedric Thompson, S Delano Hill (shoulder), LB Michael Wilhoite (calf), G Jordan Roos and T Isaiah Battle. Carroll also said that defensive tackle Jarran Reed (shoulder) was ready to play on Sunday.

11 September 2017
Petra Diamonds shares drop as Tanzania continues sector crackdown
Petra is not the first mining company to run into trouble with the authorities in Tanzania. Petra has also suspended operations at one of its mines in Tanzania.

11 September 2017
Jefferies Group LLC Reaffirms Hold Rating for Marvell Technology Group Ltd. (MRVL)
It improved, as 27 investors sold Sprint Corp shares while 96 reduced holdings. 16 funds opened positions while 48 raised stakes. The stock of Marvell Technology Group Ltd. (NASDAQ:MRVL) has "Buy" rating given on Wednesday, August 19 by Ladenburg Thalmann.

11 September 2017
Latest on Hurricane Irma: Expected impacts in Tennessee Valley
So was a portion of coastal SC from the Georgia line to Edisto Beach, about 40 miles (65 kilometers) southwest of Charleston. While we will have an impact here, it will be much less than what south Florida sees.

11 September 2017
Hurricane aid measure grows to $15B as Irma bears down
There are 194 House Democrats and one open seat, meaning passage of the package could depend heavily on Democratic votes. But Senate Republican leader Mitch McConnell on Thursday broke rank with those who voiced opposition.

11 September 2017
Cops Shoot Suspect at Miami Airport
However, on Friday afternoon there were nearly 100 flights canceled ahead of the storm, according to The Miami Herald . The Florida Department of Law Enforcement, or FDLE, handles all police-involved shootings by the police department.

11 September 2017
The BlackRock Insured Municipal Income Trust Announces Monthly Dividend of $0.06 (BYM)
Blackrock Municipal 2030 Targt Term Trst has decreased its dividend by an average of 5.9% per year over the last three years. First Trust Advisors LP lifted its holdings in Blackrock Municipal 2030 Targt Term Trst by 11.8% in the second quarter.

11 September 2017
Florida opens shelters for those who choose to ride out Hurricane Irma
A Marathon man is dead after responders found him in a truck in the Florida Keys amid Hurricane Irma's storms. The Florida Highway Patrol will investigate the crash when it is safe to do so.