Box Office Report

Three's a Charm

''Spider-Man 3'' shatters nearly every box office record, but Joshua Rich wonders whether this Spidey has legs

 GO WEB GO! Tobey Maguire
GO WEB GO!

Well, everyone, Spidey did it! Spider-Man 3 earned $148 million, according to Sunday's estimates, to swing far past the record for the biggest single weekend of all time (the previous titleholder: Pirates of the Caribbean: Dead Man's Chest's $135.6 mil). That total is so huge that it exceeds the highest early projections by box office trackers like me and even Sony, whose most ambitious guess had been $145 mil. Some other remarkable stats:

· Spider-Man 3 played in more venues than any other movie in history (4,252), but that didn't keep it from earning a gigantic $34,807 per-theater average, the best ever among wide releases.

· This third installment in the Tobey Maguire superhero franchise far outpaced the first-weekend performances of the first two. Spider-Man took in $114.8 mil in 2002, and Spider-Man 2 (which debuted on a Wednesday) snared $88.2 mil in 2004.

· Spider-Man 3 moved past the $100 mil mark in just two days; Pirates 2 is the only other movie to do that. · As you read here yesterday, Spidey's $59.3 mil take on Friday was the biggest single day of all time. But get this: Assuming estimates hold, its Saturday ($51 mil) and Sunday ($37.7) grosses will be the best ever for those days of the week as well.

· The film also broke records in its IMAX engagements. It earned $4.76 in 84 domestic IMAX sites, for a whopping per-screen average of $56,760.

· Worldwide, director Sam Raimi's comic book adaptation has already earned more than $375 mil, another single-weekend record. Spider-Man 3 already stands at No. 96 on the list of all time global box office earners.

· The overall year-to-date box office is up 6 percent over last year, with attendance up 3.6 percent.

Yowza! Kirsten Dunst sure can sing! Now, okay, lemme just add a few sober notes. First, impressive as those numbers are, there's no doubt that the film's box office needs to continue multiplying like that mysterious black goo from outer space: Considering its presumed production and marketing cost around $400 mil and the fact that Sony will have to split its grosses with theater owners, Spider-Man 3 must earn about $800 mil worldwide to break even. And then there's this caveat: While critics didn't seem to love this movie (it scored a soft 60 out of 100 on Metacritic.com), audiences didn't either. Yeah, you read that right. Sure, they crowded multiplexes in record numbers this weekend, but viewers gave the film a merely moderate B+ CinemaScore review, which is lower than you'd expect for a record-breaking blockbuster. While a steep decline is inevitable when such big numbers are in play, this CinemaScore mark portends a steeper drop than usual in the weeks to come.

Anyway, I suppose there were a few other movies at the multiplex this weekend. Not that anybody went to see them in droves. Disturbia ($5.7 mil), Fracture ($3.4 mil), The Invisible ($3.1 mil), and Next ($2.8 mil) rounded out the top five, while the only other wide opener, Lucky You, came in a cursed No. 6 with $2.5 mil. Nay, the small-release front is where the frame's other successes could be found. Keri Russell's Southern-baked comedy Waitress cooked up a sweet $22,875 average in eight locations. The ensemble piece Paris, Je T'aime averaged $18,900 in two places. And Sarah Polley's dramatic directorial debut, Away From Her, earned a nice $14,000 average in four theaters.

Overall, yep, you guessed it: The box office was up a gargantuan 73 percent over the same period a year ago, when Mission: Impossible III opened with $47.7 mil. Boy, $47.7 mil — that that just doesn't seem like such a big gross anymore, huh?

Originally posted May 06, 2007
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