Entertainment - Media News Watch originally published at Entertainment - Media News Watch

Guardians Of The Galaxy Vol. 3 reigned supreme with an estimated $114 million opening weekend

Saturday proved to be a better day than anticipated for the third adventure of the Guardians as Guardians of the Galaxy Vol. 3 finishes its first weekend with an estimate of $114 million. This is $4 million more than what was predicted in yesterday’s update. A huge opening would be a cause for celebration by any other metric but for Guardians Of The Galaxy Vol. The number represents a significant drop from the previous entry of the franchise, Guardians of the Galaxy Vol. The second opened exactly six years ago on the same day, and it brought in $146.5 million. This is lower than what I (and the studio) projected for Thursday. There are a few reasons why this isn’t all bad news. The first is that the film performed exceptionally around the world, and is looking at nearly $270 million in worldwide sales. The MCU’s third film, , is polling higher than previous entries. It has a 95% score compared to 83% for Antman and the Wasp Quantumania and 77% for Thor Love and Thunder and 85% for Doctor Strange In the Multiverse of Madness (only Black Panther Wakanda forever was close with What does this mean? This means that the positive word-of-mouth generated by the film may convince those who are on the fence to see the latest Marvel film in the cinema to go and watch it. This is the first MCU movie that I have enjoyed since Spiderman: No Way Home

and I think it’s the first that matters since Avengers Endgame. It didn’t feel as if it was a placeholder film. Instead, it felt like a part of the MCU. Our own Editor in Chief Chris Bumbray reiterates this sentiment in his 8/10 film review. It is likely that Guardians Of The Galaxy Vol. 3 will retain the top spot for another week before the vroom vroom of Fast X (pronounced Fast Ten, as in “Fast Ten your set belts”) comes in and DOMinates, but all eyes will be on what type of drop it has.Second place belongs to the also Chris Pratt starring The Super Mario Bros. Movie which saw a 54% decline with $18.6 million. The animated plumbers have done well with a domestic take of $518.1 and worldwide ticket sales of over $1.1 billion. The movie will still have the animated family market all to itself for a few more weeks, until Spider-Man Across the Spider-Verse hits the theaters on 2 June and Pixar’s Elemental releases on 16 June.

Evil Dead Rise is in third place, bringing in horror audiences with an extra $5.7 million to its $54.1 domestic gross. This film, with a budget of less than $20 million and a worldwide gross of over $100 million, has exceeded all expectations. It should pave the way for future films, as the producers plan to make new movies every 2 to 3 years. Make new films, but a new film that often will only water down this iconic 40 year old franchise).Fourth place looks like it will be the big screen adaptation of the classic book Are You There God? It’s Me Margaret has an additional $3.3million added to its lackluster total domestic take of $12.6 million. It’s Me, Margaret has a 99% Rotten Tomatoes rating, a 94% Audience score, and an A Cinemascore. So why is it tanking so hard? Especially when you compare its performance to that of a film like Where the Crawdads sing, which did well just a year earlier. I am confident that this film will find an audience one day.

Fifth is the new release film, Love again that appears to have not made a big impact in its debut on the big screen, pulling in only $2.4 million. It is possible to make this film profitable with a budget of only $9 million. However, the counter programming to a major Marvel film was a failure. The rest of the top ten includes four R-rated films, with John Wick: Chapter 4 bringing in $2.3 million;

Lionsgate 2023 film schedule

Air, directed by Guy Ritchie, brought in $1.2 million; and Sisu, directed by Guy Ritchie, brought in $1.08 million. The PG13 Dungeons & Dracs: Honor Among Thieves, directed by PG13, added $1.5 million to its domestic total If you did, please let us know in the comments what you saw. Also, don’t forget to vote on our weekly poll: What is your favorite Marvel Cinematic Universe movie?

Entertainment - Media News Watch originally published at Entertainment - Media News Watch