Biggest Wknd B.O. Ever: 'Avatar,' 'Holmes' Lead Record $263M

Biggest Wknd B.O. Ever: 'Avatar,' 'Holmes' Lead Record $263M

Published: December 27, 2009 @ 10:45 am
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By Daniel Frankel

With no East Coast blizzards holding back moviegoers this time, Santa delivered the goods to Fox and James Cameron amid a $263 million three-day weekend that was the biggest ever for the domestic box office.

The 3D epic “Avatar” dropped off only 3 percent from last week’s $77 million premiere, taking in $75 million over the holiday weekend, bringing its North American gross to $212.3 million in two weeks of release.

It may have ruled the pack -- but the pack wasn’t far behind. The overall box office generated at least $263 million (with some estimates ranging as high as $285 million) of business over the three-day weekend period -- shattering the previous record of $253.6 million set July 18-20 of 2008 amid the premiere of Warner’s “The Dark Knight.”

Every new film entering the market over-performed to some degree.

Confined mostly to the realm of 3D screens, “Avatar” left plenty of room in the market for Warner’s “Sherlock Holmes” to thrive, with the Robert Downey Jr. film premiering to $65.4 million -- a solid start for a film projected to gross under $60 million this weekend.

Amid a weekend chock-full of notable benchmarks, “Holmes’” opening was the second biggest ever for a film that didn’t finish No. 1 at the domestic box office, following Roland Emmerich’s “The Day After Tomorrow,” which had a $68.7 million start bested by “Shrek 2” back in May, 2004.

For its part, Fox’s kiddie-targeted “Alvin and the Chipmunks: The Squeakquel” finished with $50.2 million -- that’s the fourth best start for a movie that didn’t finish atop the domestic box office. “Squeakquel" has now grossed an estimated $77.1 million since its Wednesday premiere. Fox officials stated conservative hopes in the $30 million range for the three-day period and $40 million for the five-day.

“When the third-place movie is at $50 million, it’s usually a pretty good sign that you’re going to break some records,” noted Chris Aronson, executive VP of distribution for Fox.

Meanwhile, Universal’s “It’s Complicated,” the Nancy Meyers-directed rom-com starring Meryl Streep and Alec Baldwin, grossed $22.1 million over the weekend, bettering estimates in the mid-teens.

Going into the weekend having already hit, as an industry, a domestic revenue benchmark of $10 billion for the first time ever, studio distribution officials expected the Christmas weekend to exceed last year’s holiday record of $200.5 million.

“But not to this level,” conceded Universal distribution president Nikki Rocco, who noted that Friday’s record $85 million single-day Christmas box office “blew my mind.”

“Friday is a great movie-going day, but it’s not like the Friday after Thanksgiving,” she added, “because people are still doing stuff with their family.”

The strong start for "Complicated" -- which included a solid “A-minus” score from influential word-of-mouth tracking firm Cinemascore -- fended off industry speculation that an $80 million Nancy Meyers film might not find the level of older, female audience members it needed amid glut of award-season and rom-com competition.

“The exit polls were great,” said Rocco, noting that the 28 percent of the audience that was male even seemed to like the movie.

Tags: Alvin and the Chipmunks: The Squeakquel, Avatar, Movies, record box office, Sherlock Holmes, the dark knight
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