Bloomberg News

‘Ice Age’ Is Top Weekend Film With Sales of $46.6 Million

July 16, 2012

“Ice Age: Continental Drift,” the fourth film in the animated series from News Corp. (NWSA:US)’s Twentieth Century Fox, opened in first place in U.S. and Canadian theaters with $46.6 million in sales.

“The Amazing Spider-Man” came in second with $34.6 million in receipts for Sony Corp. (6758), researcher Hollywood.com Box-Office said today in an e-mailed statement.

“Ice Age: Continental Drift” faced little fresh competition as the only new film opening in wide release. The previous installments of the series, about four prehistoric creatures who embark on adventures, took in more than $2.1 billion in worldwide ticket sales from three previous pictures, according to Hollywood.com.

“Hollywood right now is absolutely focusing on franchises, sequels, stories that have proven themselves over time,” said Paul Sweeney, a media and entertainment analyst for Bloomberg Industries. While the weekend’s top film “came in a little below expectations, it’s still a pretty solid number.”

Domestic ticket-sales forecasts for “Ice Age: Continental Drift” ranged from $48.5 million at Box Office Mojo to as much as $56 million, the prediction of Box Office Guru. The second film in the franchise, “Ice Age: The Meltdown,” opened with $68 million in sales and the third film, “Ice Age: Dawn of the Dinosaurs,” brought in $41.7 million in its opening weekend, according to researcher Hollywood.com.

Manny, Sid

The fourth installment follows Manny, Sid, Diego and Scrat on an adventure after their continent is set adrift, caused by Scrat’s pursuit of the acorn he’s been after for each of the previous three films. Ray Romano and Denis Leary star. John Leguizamo and Queen Latifah co-star.

“The Amazing Spider-Man” has now collected $200.5 million in domestic sales since its release, according to Hollywood.com. The film revives a franchise that took in $2.55 billion in worldwide ticket sales from three previous pictures, according to researcher Box Office Mojo. The latest picture was made for about $230 million, the researcher said.

This installment features a new cast, with U.K.-raised Andrew Garfield replacing Tobey Maguire in the title role. Garfield portrays the orphaned Peter Parker, nursing a crush on high-school classmate Gwen Stacy while trying to unravel the mystery behind his parents’ disappearance. A visit to a high- tech research laboratory results in a spider bite that endows him with extraordinary powers.

Emma Stone is featured as Gwen. Martin Sheen and Sally Field co-star as Peter’s Uncle Ben and Aunt May.

‘Brave’

“Ted,” the R-rated comedy from Comcast Corp. (CMCSA:US)’s Universal Pictures, came in third with sales of $22.4 million. Mark Wahlberg and Mila Kunis star in the movie about a man whose teddy bear comes to life as a result of a childhood wish. He must choose whether to stay with his girlfriend or keep his friendship with the foul-mouthed toy.

In “Brave,” the weekend’s No. 4 film with sales of $11.2 million, a rebellious princess Merida prefers riding horses and archery to the sedentary duties of a princess. Her refusal to hew to a traditional role at the royal court leads to unforeseen consequences that place her family in jeopardy.

“Magic Mike,” featuring Channing Tatum in a film about the seedy world of male strippers, came in fifth, generating $9 million in sales for Time Warner Inc. (TWX:US)’s Warner Bros.

Weekend revenue for the top 12 films fell 39 percent to $153.9 million from the year-earlier period, Hollywood.com said. Domestic film sales this year have risen 6.6 percent to $6.05 billion, with attendance up 9.1 percent.

The amounts below are based on actual ticket sales for July 13-15.

                 Rev.             Avg./    Pct.    Total
   Movie        (mln)   Theaters  Theater   Chg.  (mln)   Wks
================================================================
 1 ICE AGE:     $46.6    3,881  $12,015     --    $46.6    1
 2 SPIDER MAN    34.6    4,318    8,019    -44    200.5    2
 3 TED           22.4    3,303    6,785    -30    159.3    3
 4 BRAVE         11.2    3,392    3,290    -43    196.1    4
 5 SAVAGES        9.4    2,635    3,565    -41     32.1    2
 6 MAGIC MIKE     9.0    3,090    2,919    -42     91.8    3
 7 MADEA          5.6    2,004    2,786    -45     55.6    3
 8 KATY PERRY     3.8    2,732    1,391    -47     18.7    2
 9 MOONRISE       3.7      924    4,009    -18     32.5    8
10 MADAGASCAR     3.7    2,285    1,606    -51    203.9    6
11 ROME WITH LOVE 2.5      744    3,319    -20      8.6    4  12
THE AVENGERS   1.4      747    1,872    -35    613.7   11


Top 12 Films Grosses

   This Week     Year Ago      Pct.
     (mln)         (mln)       Chg.
===================================
     $153.9        $250.7      -39


Year-to-date Revenue

      2012          2011
      YTD           YTD        Pct.
     (mln)         (mln)       Chg.
===================================
     $6,051        $5,676     +6.6

Year-to-date Attendance:     +9.1%

To contact the reporters on this story: Noah Buhayar in New York at nbuhayar@bloomberg.net; Kelly Blessing in New York at kblessing@bloomberg.net

To contact the editor responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net


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Companies Mentioned

  • NWSA
    (News Corp)
    • $17.04 USD
    • -0.01
    • -0.06%
  • CMCSA
    (Comcast Corp)
    • $57.23 USD
    • 0.21
    • 0.37%
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