News

Box Office Forecast

by Brandon Gray
June 11, 1999

The Spy Who Shagged Me is poised to become one of the few sequels to out gross the original. Its prospects appear to be the reverse of Mike Myers' previous catch phrase ridden franchise, Wayne's World, which grossed an excellent $121.7 million while the second grossed only $47.1 million.

The original Austin Powers was a sleeper hit, opening with a decent $9.5 million back in early May 1997. It had a fairly leggy run, garnering $53.8 million total. Normally, the ancillary markets would perform similarly, but this picture had a phenomenal afterlife. New Line carefully cultivated a franchise. They orchestrated midnight showings across the country. The promotions and people just liking the picture made it a mainstay on the video charts. It's incredible how its popularity just snowballed, especially for a picture so slight. I mean it was no Shawshank Redemption, which had a similarly amazing afterlife.

Anyway, New Line has done a smashing job of riding the coattails of the Star Wars hype. The trailers suggested that "If you see one movie this summer, see Star Wars. If you see two, see Austin Powers." This was at once a spoof of other movie ad campaigns and a respectful homage that surely endeared the picture to Star Wars fans.

New Line's rather bullish too, giving the picture the widest opening ever, 3,312 theaters, two more than previous record holder Godzilla (though it's on 1,500 fewer screens). The studio has even reportedly spent north of $40 million on marketing.

The timing is impeccable, coming right after everyone has seen Star Wars and after a long comedy drought. But, let's face it, what's really going to push this picture over the top is Mini-Me, the 1/8th clone of Dr. Evil seemingly inspired by Marlon Brando's little mutant friend from The Island of Dr. Moreau.

The Waterboy may really need some high quality H2O when the weekend's over 'cause his record comedy opening of $39.4 million could get creamed.

Meanwhile, The Phantom Menace can take comfort in winning the $300 million sprint by next Tuesday, despite relinquishing the current top spot.

Editor's Note: Articles published before 2001 were assigned and reported as box office briefings, not a full evaluation or analysis.



RECENT ARTICLES
10/19 Weekend Report: 'Fury' Topples 'Gone Girl,' 'Birdman' Soars in Limited Release
10/19 Around-the-World: 'Guardians' Passes 'Captain America,' 'Spider-Man' Sequels
10/18 Friday Report: 'Fury' Rolls in to First Place on Friday
10/16 Forecast: 'Fury' to Invade Top Spot This Weekend
10/16 Forecast (cont.): 'The Best of Me,' 'Men, Women & Children,' 'Birdman'
10/5 Weekend Report: Moviegoers Thrill to 'Gone Girl,' 'Annabelle' This Weekend
> MORE: News | Features
LATEST UPDATES
DAILY: Tuesday, 10/21 (42 tracked)
10/21 DVD/Blu-ray Releases
MPAA: New Ratings - 'Exodus,' 'Woman in Black 2,' 'Age of Adaline'
STUDIOS: Market Share (as of Sun.)
SCHEDULE: 'San Andreas'
WEEKEND: Actuals (98 tracked)
SCHEDULE: 'The Conjuring 2'
WEEKEND: Studio Estimates vs. Actuals
ALL TIME: Opening Theater Averages - 'Birdman' ranks 18th >
GENRES: World War II Openings
ACTORS: Brad Pitt Openings
DIRECTORS: David Ayer Openings
FOREIGN CHARTS >
U.K.: $7.7M for 'Ninja Turtles' >
France: 'Maze' tops 'Turtles' >
Russia: 'Dracula Untold' repeats >
Mexico: 'Book of Life' in 2nd >
Germany: 'Ninja Turtles' rules >
Brazil: 'Annabelle' on top again >
Korea: 'Dracula' holds 2nd >
Australia: 'Gone Girl' three-peats >
Italy: Local titles take top spots >
Spain: 'Ninja Turtles' wins >
Japan: 'Grace of Monaco' in 4th >
> MORE UPDATES