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Jason Statham The Meg Premiere.jpg

Box Office Report: 'Sharks Are Winners & They Don't Look Back Because They Have No Necks'

By Kayleigh Donaldson | Film | August 12, 2018 |

By Kayleigh Donaldson | Film | August 12, 2018 |

Jason Statham The Meg Premiere.jpg

I know, right?! Honestly, I, like many others, had written off The Meg as a flop before it ever premiered. Come on, it’s a $150m blockbuster about Jason Statham and a giant shark. It just seemed too good to be true that such a majestic concept could garner actual box office dollars. Yet here we are and it’s at number 1 with $44.5m. That’s well above early projections. Perhaps, as August rolls on and the heat makes us all a bit mad, we just need the cathartic release of giant shark frenzies. Funnily enough, these numbers are the best opening weekend totals of 2018 so far for Warner Bros., whose other major hits this year include Ready Player One and Ocean’s 8.

Mission: Impossible - Fallout took around a 43% tumble in week 3, bringing in an estimated $20m, but that’s still enough to hold onto number 2. Domestically, it’s made about $161m, which is not too shabby for a film with a $178m budget. Internationally, it’s very close to $440m. It seems like people not only love this film but are going back for repeat viewings. Cavill-stache rules all.

Faring not so well is Christopher Robin at number 3, with a 50% drop in gross. From a budget of $70m, it’s made $50m domestically in two weeks but hasn’t broken even yet when the international totals are added. I don’t see this being a major flop or anything but it does highlight how reviews can still matter and the importance of knowing who your audience is.

Slender Man, inspired by the creepypasta legend, scraped by with $11.3m, which means it has made its budget back already but expect this one to drop off dramatically. Audiences hated it and the upcoming competition is tough.

A sign of how well Spike Lee’s BlacKkKlansman did can be found in the fact that it only made $500k less than Slender Man despite screening in 700 less theatres. Lee’s biographical drama, which won the Grand Prix at Cannes this year, made $10.7m. That’s a great boost for Focus Features - the film only cost $15m to make and has major awards buzz - and a rare commercial hit for Lee, who has mostly stayed away from such things.

Debuting at number 12 is Dog Days, which I hadn’t heard of until like last week. Box Office Mojo were predicting it would make ‘$4 million or so for its three-day debut’. It made $2.6m. Ouch.

In old release news, Mamma Mia: Here We Go Again passed $100m domestically, while Skyscraper took a major 71% hit and fell to number 19. Ant-Man and the Wasp flew past $200m in its 6th week, which has led to some discussions of it being a flop. That seems to strong a word for the indomitable might of Marvel and nobody was expecting this to keep up with its 2018 brethren. Having said that, its international numbers aren’t so hot either. Its release was delayed in the majority of big international territories until the World Cup ended, but some feel that may have taken the wind out of its sails, especially in places like the U.K. But don’t write this off just yet. After all, it hasn’t been released in China or Japan yet. It may not get to $1bn, but nobody was expecting it to.

This coming week sees the release of Crazy Rich Asians, Marky Mark’s latest team-up with Peter Berg Mile 22, a boy and his wolf tale called Alpha, and a new Kevin Spacey film. Good luck with that.

You can check out the rest of the weekend box office here.

What films did you watch this weekend? Let us know in the comments.

Header Image Source: Getty Images