Box Office Report: Fifty Shades Of Grey Drops Big, Still Dominates

After a record-breaking berth last weekend due to Valentine's Day and much upfront demand, Fifty Shades of Grey plummeted down to reality, but still finished in first place with an estimated $23.2 million. That is a 73% drop from its opening last weekend, which broke a record for the month of February.

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After a record-breaking berth last weekend due to Valentine’s Day and much upfront demand, Fifty Shades of Grey plummeted down to reality, but still finished in first place with an estimated $23.2 million. That is a 73% drop from its opening last weekend, which broke a record for the month of February. With mixed word-of-mouth and the lack of a romance-themed holiday boosting ticket sales, a large drop was expected. However, even when compared to female-skewing adaptations of popular books, it was steep. In comparison, the most a Twilight film fell in its sophomore weekend was 70%, while The Fault in Our Stars fell 69% last June. Valentine’s Day, which opened in the same frame five years ago, dropped 70% in its second weekend.

Even with the treacherous drop-off, Fifty Shades of Grey has earned $130.1 million in its first ten days, and is currently 2015’s biggest earner. (American Sniper is, technically, a 2014 release due to its platform opening on Christmas Day.) Unfortunately, when actuals are reported on Monday, the erotic drama will likely come in with a lower gross. Universal is currently predicting a 31% drop from Saturday to Sunday. Given that the Oscars are on Sunday evening, and films aimed at adults usually drop between 40% and 50% on the day of the Academy Awards, it could end up with closer to $22 million for the weekend.

As for the two other big February hits, Kingsman: The Secret Service and The SpongeBob Movie: Sponge Out of Water were not far behind in second and third place. The R-rated spy thriller dropped a sizeable 52% to earn $17.5 million in its second weekend, bringing its total to $67.1 million. On Thursday, the film surpassed the total of Matthew Vaughn’s Kick-Ass, and should flirt with the $100 million mark by the end of its run. The action film has performed admirably for an R-rated comic book adaptation and is days away from surpassing the totals of V for Vendetta ($70.5 million) and Sin City ($74.1 million).

Meanwhile, SpongeBob continued to bring in families, although the film keeps dropping at larger-than-expected rates. Losing 51% of its audience from last weekend, Sponge Out of Water added another $15.5 million to its gross. With $125.2 million in ticket sales so far, the 3D comedy should ultimately make its way to the neighborhood of $160 million, or nearly double what The SpongeBob Squarepants Movie made in 2004.


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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.