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‘Kung Fu Panda 4’ stays atop box office in second weekend

March 17, 2024
in Business
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‘Kung Fu Panda 4’ stays atop box office in second weekend
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“Kung Fu Panda 4” stayed at the top of the North American box office in its second weekend in theaters. The Universal and DreamWorks Animation movie earned $30 million in ticket sales, according to studio estimates Sunday.

The franchise featuring the voice of Jack Black is responsible for over $1.9 billion at the box office since it launched in 2008 and spawned several animated series, shorts, video games and a holiday special. The fourth installment, playing in 4,067 locations in North America, has already made $107.7 million domestically.

There were several new movies arriving in over 1,000 theaters (or expanding) this weekend, including Lionsgate’s Mark Wahlberg dog movie “Arthur the King,” Focus Features’ comedic satire “The American Society of Magical Negroes” and A24’s Kristen Stewart-led bodybuilding thriller “Love Lies Bleeding.”

But the charts still belonged to the franchises, including “Dune: Part Two,” which came in a very close second in its third weekend, with $29.1 million. That’s down only 37% from last weekend. It’s now made $205.3 million domestically. The first film, which was released simultaneously in theaters and on streaming, capped out at around $435 million globally, while “Part Two” is already at almost $500 million worldwide.

“Arthur the King” did the best of the newcomers, landing in third place with $7.5 million from 3,003 locations. The studio went into the weekend expecting something in the $8 million to $10 million range. Its low production cost and international presales should yield profits. Directed by Simon Cellan Jones and written by Michael Brandt, the movie is based on the true story of an adventure racer who befriends a stray dog on a perilous 435-mile trek in the Dominican Republic. Simu Liu plays one of Wahlberg’s teammates. With an A CinemaScore, the studio is hoping positive word of mouth will boost sales in the coming weeks.

“Love Lies Bleeding” opened in 1,362 locations to $2.5 million. Written and directed by Rose Glass (”Saint Maud ″), it’s a pulpy ’80s-set Western thriller about an isolated gym manager (Stewart) and a bodybuilder (Katy O’Brian) passing through town.

“The American Society of Magical Negroes” opened in 1,147 theaters and made an estimated $1.3 million. According to exit data, 52% of the opening weekend audience was Black. The movie, written and directed by Kobi Libii, is a satire about a secret society of Black people dedicated to making white lives easier. Justice Smith and David Alan Grier star.

In the first weekend following the Oscars, “Poor Things” added $2.3 million globally, bumping its total to $112.6 million.

Next weekend, “Ghostbusters: Frozen Empire” will arrive in theaters, armed with proton packs and brand name recognition.

“When there’s not a newcomer dominating the marketplace, it makes for a rather slow weekend,” said Paul Dergarabedian, the senior media analyst for Comscore. “Now we’re just waiting for ‘Ghostbusters: Frozen Empire’ and ‘Godzilla x Kong: The New Empire.’ That combo should take us out of the month of March on a high note.”

He added: “We’re going to have to have a lot of patience until we get to May and ‘The Fall Guy’ and the summer movie season. But there’s some great movies on the way.”

Estimated ticket sales are for Friday through Sunday at U.S. and Canadian theaters, according to Comscore. Final domestic figures will be released Monday.

1. “Kung Fu Panda 4,” $30 million.

2. “Dune: Part Two,” $29.1 million

3. “Arthur the King,” $7.5 million.

4. “Imaginary,” $5.6 million.

5. “Cabrini, ”$2.8 million.

6. “Love Lies Bleeding,” $2.5 million.

7. “Bob Marley: One Love,” $2.3 million.

8. “One Life,” $1.7 million

9. “The American Society of Magical Negroes,” $1.3 million

10. “Ordinary Angels,” $1 million.

Subscribe to the new Fortune CEO Weekly Europe newsletter to get corner office insights on the biggest business stories in Europe. Sign up for free.

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