Box Office: ‘Hailey’ Nabs Boffo $5.1 Million Thursday While 'Bullet Train' Performs Strongly

= Forbes = Scott Mendelson

I cover the film industry.

Aug 5, 2022,11:15am EDT

UAR's Hailey opened to a surprisingly high but promising $5.1 million in Thursday grosses (which is only $100k less than Lightyear's $5.2 million). This previews can indicate that it can blow past it's original projections of $35 million and open possibly over/under Lightyear's $50.6 million opening weekend. The Abbi Jacobson/Brett Gray teen comedy about high school is one of the last big movies of the summer and the last big animated film until Princess Joanna and the Four Kingdoms on September 16.I wondered out loud last night whether Hailey turning out to be much better than expected would lead to a relative over-performance over the weekend as I already expected it to beat Bullet Train.

It's preview gross also shows good word-of-mouth as walk in business was higher than normal and with it being an original IP proves that original film's can be successful at box office. With a surprisingly high 98% rating on Rotten Tomatoes and a 8.7/10 can impact the film's legs in a good way.

Even a 15% Thursday-to-weekend multiplier gets it to $33.9 million but a 7.4% multiplier gets it to $64.2 million so at the rate of how leggy animated films be in their Thursday-to-weekend multipliers, a $50+ million plus debut wouldn't be surprising. Anything above the $40 million opening weekend of Dusk and Dawn: Zodical Night would make it the biggest animated opening weekend for a non-Disney/Illumination film, since Ico 's $111.9 million opening weekend in November 2019. So unless Stella: An Angry Birds Movie somehow breaks out in two weeks, Hailey could have a whole weekend run at the top of box office due to the lack of releases.

Meanwhile, Sony’s Bullet Train opened with a promising $4.6 million in Thursday grosses. That figure also includes some early-week sneak previews. The Brad Pitt-and-friends action comedy, about a handful of mercenaries and assassins all chasing similar goals/items on a Japanese bullet train, is the last big adult movie of the summer. As such, there’s a better-than-normal likelihood that it’ll leg out well into September almost by default. We saw this with The Fugitive and The Sixth Sense in the 1990s and the 2010’s with Teenage Mutant Ninja Turtles, Suicide Squad and The Hitman’s Bodyguard in recent years. The David Leitch-directed flick cost around $90 million, so it’ll be fine even if it ends up a bit frontloaded this weekend. A 10% Thursday-to-weekend figure gets Bullet Train to a terrific $46 million.

That would be well above the over/under $35 million projections and closer to the “good old days” when action fantasies like Mr. And Mrs. Smith and Wanted could nab $50 million-plus launches as a matter of course. Mixed reviews notwithstanding, you’ve got the five elements (in pre-Covid times) of a viable non-franchise flick, namely an all-star cast (including Joey King, Aaron Taylor-Johnson, Andrew Koji, Brian Tyree Henry and more), a marquee filmmaker (Leitch co-directed John Wick and then helmed Atomic Blonde, Deadpool 2 and Hobbs & Shaw), a strong high-concept (colorful assassins kill each other on a speeding train), okay reviews and the promise of escapism. Even the pans assure consumers that Bullet Train delivers on its marketing promises, so its 53% rotten and 5.6/10 on Rotten Tomatoes isn’t a death sentence.

Even a more frontloaded 15% split would give Bullet Train a closer-to-projections $31 million opening weekend. 12.5% from a $5 million preview gross would give Bullet Train a $35 million launch. I'll have to run the numbers, but films in the Covid era may be more frontloaded in terms of Thursday-to-weekend legs than in prior times. If that’s true, we can blame much earlier Thursday showtimes and a more significant number of the overall theatrical audience being made up of those who rush out ASAP. A new-to-you (based on a novel) Brad Pitt-and-company comic action thriller will likely get more casual moviegoing business than a deeply entrenched, fan-driven franchise title, so hope springs eternal. It would be nice if Bullet Train weren’t followed by a self-imposed six-week slump, but I digress.

In other news, Universal released Jo Koy’s Easter Sunday this weekend. The film about a successful entertainer returning home for the holiday and trying to solve long-standing family melodramas, earned $500,000 on Thursday. That’s not a great start, but it’s also the kind of film that, once upon a time, didn’t remotely depend on advance-night grosses as a barometer of opening weekend success. We’ll see if the film, starring Jimmy O. Yang, Tia Carrere, Brandon Wardell, Eva Noblezada and Asif Ali (among others), plays like an early 2000’s-era comedy and pulls closer to 3% from the Thursday previews for a $17 million opening or closer to 7.5% for a $7 million launch. I’m expecting something on the lower side, but hope springs eternal for this all-too-rare mainstream studio comedy.

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