Box Office Report: Teenage Mutant Ninja Turtles Cowabunga To #1

North America loved the Turtles this weekend, as Leonardo, Raphael, Donatello and Michelangelo blasted to the top of the box office, with a hefty $65 million opening. That is the fourth largest August opening ever (behind Guardians of the Galaxy, The Bourne Ultimatum and Rush Hour 2) and even had a bigger audience than the original Teenage Mutant Ninja Turtles movie did when that film broke records in March 1990. After a July filled with disappointing returns, it is a relief to see that this August is bringing in the crowds.

Teenage Mutant Ninja Turtles

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North America loved the Turtles this weekend, as Leonardo, Raphael, Donatello and Michelangelo blasted to the top of the box office, with a hefty $65 million opening. That is the fourth largest August opening ever (behind Guardians of the Galaxy, The Bourne Ultimatum and Rush Hour 2) and even had a bigger audience than the original Teenage Mutant Ninja Turtles movie did when that film broke records in March 1990. After a July filled with disappointing returns, it is a relief to see that this August is bringing in the crowds.

The Michael Bay-produced film looked like it had a steep hill to climb this weekend, with stiff competition from Guardians of the Galaxy, poor reviews, and a lack of riveting trailers or commercials. However, nostalgia and a lack of major options for families this summer helped the film swing to the top. The Turtles blasted off on Friday, raking in $25.6 million (with $4.6 million coming from Thursday evening shows), then declined 14% on Saturday to make $22.1 million. Paramount estimates the film will drop only 22% on Sunday to gross $17.3 million.

In its first three days, Teenage Mutant Ninja Turtles has already outgrossed (and outsold) the 2007 CGI reboot, TMNT, which opened to $24.3 million on the way to a $54.1 million final. Among similar titles, it did slightly better than G.I. Joe: The Rise of Cobra, which opened to $54.7 million five Augusts ago. Regardless, even with few titles aimed at families over the next week, a B CinemaScore does not suggest a long road ahead. Still, the film could make back its $125 million budget domestically by the end of next weekend.

Even though Guardians of the Galaxy was expected to be in a tight race with the Turtles this weekend, it still held strong in second place. The Blue Swede-loving superheroes added an extra $41.5 million to their total, taking in nearly $176 million in 10 days. While that is a 56% drop, it also had big competition for adult males this weekend, and did have a better hold than Captain America: The Winter Soldier (which dropped 57% to take in $41.2 million in April). Guardians has the second-best second weekend of the year, after The LEGO Movie ($49.8 million), which also had Chris Pratt in the lead. Guardians of the Galaxy is still running ahead of any other title this year after the 10-day mark and is nearly guaranteed to be the summer’s biggest-grossing title. (How many of you would have thought Guardians of the Galaxy would be the biggest moneymaker in North America this summer?)


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Author
Jordan Adler
Jordan Adler is a film buff who consumes so much popcorn, he expects that a coroner's report will one day confirm that butter runs through his veins. A recent graduate of Carleton's School of Journalism, where he also majored in film studies, Jordan's writing has been featured in Tribute Magazine, the Canadian Jewish News, Marketing Magazine, Toronto Film Scene, ANDPOP and SamaritanMag.com. He is also working on a feature-length screenplay.