Illumination: ‘The Rise of Gru’ grosses $108 million in cinema weekend sales
- Posted on July 04, 2022
- Editors Pick
- By Glory
According to Universal Pictures, "Minions: The
Rise of Gru" made a projected $108.5 million in ticket sales across 4,391
theaters in North America. It is expected to have made more than $127.9 million
by the end of the July Fourth holiday on Monday.
The movie is on course to surpass
"Transformers: Dark of the Moon," which earned $115.9 million in its
first four days in 2011, as one of the greatest openings for a July Fourth
holiday weekend. Through Sunday, "Minions: The Rise of Gru" had
earned $202.2 million worldwide, including overseas showings in 61 different
regions.
This is only the most recent in a streak of
lucrative family-friendly films from Universal, which also includes "Sing
2," which has generated over $406 million since its December debut, and
"The Bad Guys," which has over $243 million. This is an indication
that family consumers are prepared to return to the theaters.
“With the incredible success of ‘Minions,’ the notion
that family audiences were avoiding movie theaters due to Covid concerns can be
shelved,” Paul Dergarabedian, senior media analyst at Comscore.
Data from EntTelligence shows that during the weekend,
54 percent of domestic moviegoers saw "Minions: The Rise of Gru,"
with 68 percent of ticket buyers belonging to family groupings.
After Disney and Pixar's "Lightyear" only
brought in $51 million during its domestic opening last month, falling short of
projections of $70 million and $85 million, box office observers questioned
whether this group of moviegoers was still staying away from theaters,
according to CNBC. It was unclear whether "Lightyear's" bad opening
was due to stiff competition at the box office or whether viewers were
misinformed about the movie's release.
The five "Despicable Me" films and
spinoffs, which began in 2010 and have amassed nearly $3.7 billion at the
global box office, have been a huge hit for Universal and Illumination.
The pandemic caused a two-year delay in the release
of the "Despicable Me" spinoff. The first release date for the
"Minions" sequel from 2015 was July 2020. "Minions" stuck
with its plan to premiere exclusively in theaters whilst many other
animated family movies settled for streaming or hybrid distribution. Analysts
claim the wait seemed to have been worthwhile.
"Top Gun: Maverick" came in second place
and has been performing well after six weeks, bringing its total to $25.5
million, which has already reached $1 billion.
The triumphant return of families to the movies this
weekend, according to Shawn Robbins, chief analyst at BoxOffice.com, dispels
the persistent and out-of-date pandemic fallacy that parents and children
exclusively prefer to watch movies at home. When the appropriate content is
available, viewers will flock theaters.
On Monday, the movie is anticipated to sell another
$20 million worth of tickets in the United States and Canada, increasing its
holiday weekend earnings to $128 million.
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