Box office bloodbath: Hollywood has worst October in a decade

julianne moore2

Couldn’t happen to a finer group of people.

From Hollywood Reporter: Following a record September, the October box office was a bloodbath.

Revenue for the month won’t crack $560 million, the worst showing in a decade after a string of movies underperformed domestically. Through Sunday, October ticket sales stood at $539.1 million, down a steep 13.4 percent from the same time period last year, according to comScore. The last time October revenue didn’t cross $600 million, or $700 million, was in 2007.

The final weekend of the month was particularly brutal. Moviegoers already ambivalent about showing up to for the new titles on the marquee were easily distracted by Halloween parties and the World Series (to boot, Stranger Things 2 premiered on Netflix).

The malaise struck hard.

Case in point: George Clooney’s upscale dramedy Suburbicon opened to a paltry $2.8 million from 2,046, the worst showing of any film Clooney has directed and a career low for star Matt Damon outside of All the Pretty Horses in 2000. The $25 million film, also starring Julianne Moore and Oscar Isaac, was skewered by critics before getting slapped with a D- CinemaScore by audiences.

It is also among the worst wide openings in Paramount’s history. The studio has endured one box-office disappointment after another this year; last month, Darren Aronofksy’s mother! opened to $7.5 million domestically for a total to date of $17.8 million. Globally, the horror film, starring Jennifer Lawrence, has earned $43 million.

Thank You for Your Service, from Steven Spielberg’s DreamWorks and partner Universal, didn’t fare much better than Suburbicon after failing to drum up interest in America’s heartland. The $25 million film, starring Miles Teller as an Iraqi war veteran suffering from PTSD, opened to $3.7 million from 2,054 locations. Universal and DreamWorks hosted dozens of screenings for members of the military and veterans, hoping to emulate the success of American Sniper.

But the biggest reason for the worrisome slump was the lack of a successful big event film along the lines of past October hits Gravity ($274.1 million), The Martian ($228.4 million) or Gone Girl ($167.8 million).

This year, not one October release crossed $100 million domestically. Blade Runner 2049, which hoped to follow the same trajectory as Gravity and The Martian, has only earned $81.4 million since its release on Oct. 6. Environmental disaster pic Geostorm also faltered, earning just $23.6 million in its first 10 days. Both films are facing major losses.

To be fair, no 2016 October title cleared $100 million, either. However, five titles did earn north of $50 million; this time out, only one has, Blade Runner.

October has been a bloodbath at the box office, and unfortunately reminiscent of what was a very slow month of August,” says comScore box-office analyst Paul Dergarabedian. “With year-to-date revenue down 5 percent and just two months left in the year, making up the difference will be a daunting task with enormous pressure on every movie to perform to get us anywhere near last year’s record $11.4 billion North American record.”

Read the rest of the story here.

DCG

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14 responses to “Box office bloodbath: Hollywood has worst October in a decade

  1. Hadenoughalready

    Awww… Maybe “Jerry’s kid”, Brown, will bail them out. After all, pedophiles need to make a living, too, right? NOT!

    Liked by 4 people

  2. I think we’re done. I never thought we’d sell our season football tickets: Done.
    And no movies for us.
    What they are serving is not what we’re having. It’s not who we are.

    Liked by 4 people

  3. Kevin J Lankford

    No body wants to watch hollywood’s now widely known sexual predators and perverts try to portray heroic, or even normal characters, and especially portraying sexual deviancy as acceptable, as in so many of this day sit-coms.

    Liked by 4 people

    • I think that’s part of Hollyweird’s problem;America is finally realizing that all these Movies are groups of the sickest,most perverse people on Earth trying to portray “normal” or “above normal” people doing special,”heroic” things. But the parts they play are the closest they’ll ever get to normal.

      Liked by 1 person

  4. All my entertainment lately comes from the Hallmark channel or National Geo….or the History Channel…..Sometimes I watch anything to do with FOOD…..but then…who doesn’t these days….if you “diet” and work so many hours that you don’t cook anyway….the FOOD channels are a vicarious experience. 🙂

    Liked by 1 person

  5. Let’s hope it is downhill for Hollyweird and the NFL. There are much better ways to spend your money and your time.

    Liked by 2 people

    • It sounds like the last game of the World Series must have captured much of the attention normally afforded the NFL Football games. I guess that shows how much America “NEEDS” the NFL.

      Liked by 1 person

  6. BTW-Papa John’s Pizza has pulled ALL their advertising from the NFL-the first MAJOR advertiser to do so over the “Take a Knee” movement. GOOD FOR THEM!!!!

    Liked by 2 people

  7. In the past 20 years, I have gone to very few movies at the theater. A lot of it has to do with the fact that they keep making movies I have no interest in seeing.

    Liked by 3 people

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