BoxOffice: The Great and Platformful
Obviously the oxygen-hogging story this weekend was the release of a new Oz movie. Pre-sold films are Hollywood's favorite thing for a reason. Familiarity and branding goes a long long long long long long long way toward automatic ticket sales. But Somewhere over another rainbow (logo) NO is a more deserved success story. Let's discuss.
WIDE
01 Oz: The Great and Powerful $80.2 Review
02 Jack the Giant Slayer $28 (cum. $43.8) Review
03 Identity Thief $9.7 (cum. $116.5)
PLATFORM
01 The Gatekeepers $.2
(cum. $1 now on 67 screens & holding)
02 No $.1 Review
(cum. $.5 now on 35 screens & building)
03 Stoker $.1 Review
(cum. $.3 now on 17 screens & dwindling)
Word of mouth can be your best friend or your worst enemy in movie theaters. The big corporate movie studios are generally very consistent with their strategies though I'd argue too consistent. The would be blockbusters are released on so many screens that people sometimes buy tickets just because it's "the big movie opening" rather than from genuine I Must See This interest. I mean, imagine the financial bloodbath if Jack the Giant Slayer had opened on 10 screens and tried to build trusting that people would be recommending it to others? At least it made some money last weekend before a terrible 63% drop this week.
Meanwhile smaller titles are nearly always platformed in the same way even if that's a mistake for them. I mean, it makes total sense for a movie like Chile's Oscar nominee No which will have a distinctly limited audience proportionately the exact size of its word of mouth. In these cases platforming is wise since the movie is EXCELLENT (seriously, go see it) and people will tell their friends just that. But riskier polarizing movies like Stoker the studios treat in the exact same way, throwing all their chips on reviews and word of mouth even though that clearly won't work as well. I confess that I don't really understand the strategy. When you have a way to hook bigger audiences without word of mouth (i.e. the serial killer genre, some stars, and violent horror which has the most faithful audience ever) why aren't you using it?
I mean, I know I didn't exactly give Stoker a positive review but I'm glad I saw it. Stoker is, at the very least, a great curio discussion topic. But here's the catch. When they hide the weirdos they even lose their cachet as curios because nobody has anything to discuss having not seen it. I guess Stoker will have to wait for DVD to find its audience.
What did you watch this weekend?
I skipped the movies and went to see Sigourney Weaver on Broadway. (More on that tomorrow night)