'Star Wars' just won't stop breaking records. The seventh installment in the series, 'The Force Awakens', easily claimed the biggest single-day launch in history. The $200m sci-fi epic from J. J. Abrams took in an estimated $120.5 million on Friday, beating the previous record-holder 'Harry Potter and the Deathly Hallows - Part 2' ($91.1m). That included a massive $57 million from Thursday previews, and adjusting for Friday 'proper' (Friday grosses without the Thursday grosses) the film still made a huge $63.5 million. Even more impressive is that 'Star Wars' obliterated 'The Hobbit''s opening weekend ($84.6m) in a single day for the highest-grossing December opening of all time. It is now a forgone conclusion that 'The Force Awakens' will take the opening weekend record from 'Jurassic World' ($208.8m), which opened to $82 million during its release. However, it was a very front-loaded Friday as well, with the Thursday grosses accounting for a whopping 47.3% of Friday's gross, similar to the 47.7% share of 'Harry Potter'. If 'Star Wars' holds up through the weekend like that film, it will have around a 50% drop on Saturday and a 15% drop on Sunday, giving it a $231.96 million opening weekend. Although it should hold up a bit better than that, having a Friday multiplier like that of 'Avengers 2' (2.27x for $273.5m weekend) or 'Jurassic World' (2.55x for $307.3m weekend) may be overestimating its potential. I think that a likely outcome would be a 42% drop on Saturday ($69.9m) and another 8% decrease on Sunday ($64.3m). That would put it a $254.7 million opening weekend, marking the most historic opening in both the franchise's history and cinema's. Even though that would be a very front-loaded weekend (2.11x), it should hold up well throughout the holidays thanks to overwhelmingly positive reviews (95% on Rotten Tomatoes) and word-of-mouth ('A' CinemaScore), and eventually dethrone 'Avatar' ($760.5m domestic/$2.79b worldwide) for the highest-grossing release domestically of all time and probably the highest-grossing release worldwide as well.
In a close third was family comedy 'Alvin and the Chipmunks: The Road Chip'. Being the fourth in its series and the fact that the third film dropped off a sizable amount from its predecessors, many expected another steep decline. While it was off by 38.8%, 'Road Chip' still had a pretty solid $4.1 million opening. It will likely follow the pattern of the third film, which would put it at $14.1 million over the weekend, also beating my prediction (which was $11.9m).As expected, the holdovers all fell more than 50% from last Friday due to the added competition of 'Star Wars'. Leading them was, of course, 'The Hunger Games: Mockingjay - Part 2' with $1.6 million, off 53.1%. With a $250.3 million total so far, a $5.4 million fifth weekend is likely.
Rounding out the Top 5 was 'Creed', bringing in $1.4 million and declining 53.3% from last Friday. The $35m boxing drama has took in $84.2 million, and $4.5 million is a likely weekend gross.
Weekend Forecast (Updated)
1. 'Star Wars: Episode VII - The Force Awakens' - $254.7 million
2. 'Alvin and the Chipmunks: The Road Chip' - $14.1 million
3. 'Sisters' - $14 million
4. 'The Hunger Games Mockingjay -Part 2' - $5.4 million (-52.6%)
5. 'The Good Dinosaur' - $4.9 million (-52.4%)
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