Never good to come in "under estimates."
'Panda' Bears Cash In After Movie's Debut ...
... Janney Montgomery Scott analyst Tony Wible ... called the Kung Fu Panda performance a “disappointment,” saying the $68 million box office take through Memorial Day fell short of his $75 million estimate. He suggested that the first-weekend data implies that Panda is on pace to generate $225 million in U.S. box office receipts ...
My thought is that the monster opening for Hangover II crowded tne panda out of some of the marketplace. If the NBA finals had not ended early, and more males of the species had been at home in front of the flat-screen instead of in the multi-plexes getting their dose of the Wolfpack, the grosses might have been different for KFP2.
Ah, but there are always many "if only" tales, even as there is only one reality. And the reality this holiday weekend was: the "have to see" live-action pic took the crown.
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16 comments:
Kung Fu Panda 2 was excellent. I will see it again and was not disappointed. And I don't work for Dreamworks but I did choose to see it in 2D simply for cost.
I know I'll probably get crap for saying this, but Im not interested solely because its a sequel.
Im just tired of sequels. Hangover 2, KFP2, Cars 2, Happy Potter (whatever, 8? 9?), blah blah blah.
I agree it's always sequels, prequels, superheroes or 80's cartoons remade in cg.
The movie industry is in a slow death my friends.
People will always like movies. But the sequel bubble has to burst at some point.
I'm all for sequels, prequels and inbetweenguels if the characters/story/delivery is good. In fact, if I enjoyed number one I'm likely in for number 7. Didn't care for Jack Black One, so am not in for number two anymore than I'll be up for the inevitable Hangover 3: Waking up on the Moon.
Kung Fu Panda 2 was excellent. I will see it again and was not disappointed. And I don't work for Dreamworks but I did choose to see it in 2D simply for cost.
$68 Million a dissapointment?!? you gotta be kidding!....
rufus
I wouldn't worry KFP2 will have legs and Hangover2 will die a quick death from word of mouth this coming weekend
If the first movie made 60 million dollars on three days and the second made just 48 million even with the benefit of Memorial Weekend then yes, its a disappointment in terms of Box Office performance.
Plus its legs are going to be short considering that X Men First Class will take away a lot of its audience and Cars 2 will kill it in June 24.
A rare "bad release positioning" for DW. Although I do agree with some analysts/critics, the marketing was confusing. What is this film about? And is it worth seeing? I think they were counting on their built in audience a little too much.
Didn't like KFP2 as much as the original--it's on speed and very headache inducing.
And Cars 2 is coming June 24---good or bad, it'll mop up big time.
Was at shopping this weekend and saw countless Cars 2 toys everywhere. I think I may have seen one Kung Fu Panda toy in the impulse aisle. It looked so sad sitting there all alone. I truly don't understand why DW has such trouble getting the ancilliary markets to work with them more.
Well, they had huge retailer support with Dragon. I think the major problem, mentioned earlier, was the release window. There are major films opening every weekend this summer and retailers have promotions with lots of them. It just sucks up all the oxygen.
In general, I think Panda 2 suffered from a tough release date, a glut of animated films on the market preceding it and, yes, 3D fatigue.
There are just too many movies vying for audience attention this summer. A few films are bound to under perform.
Winnie the Pooh has been sent to die, for instance. July? Is Disney insane?
Disney insane? No. It just helps prove JL's point. He's the only game in town at the Mouse Factory
"Well, they had huge retailer support with Dragon"
Not too many. The big changes late in the game left a confused game plan for the retailers who have to plan far in advance. Very little "dragon" stuff. OK film--not great. I look forward to what Dean Dublois does next.
^ Who is this guy?
Go troll somewhere else.
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