BOX OFFICE RETURNS: Taken 2 Takes Over #1 w/ $22.7m, Argo 2nd w/ $20m!

Though none of the five films opening are going to have huge weekends individually, the Box Office is on its way to having a huge weekend collectively. In fact, the box office is on its way to grossing 45% more this weekend then it did last year.

UPDATE (SUNDAY, OCTOBER 14 9:24AM) Taken 2 opened up a lead on Saturday by bringing in $9.8 million dollars. On top of its $7 million dollar haul on Friday, Taken 2 is looking at a $22.7 million dollar weekend, and its second straight week at the top of the domestic Box Office.

Meanwhile, Ben Affleck’s Argo made its move on Saturday as well. The CIA caper was in third place following Friday’s totals, but on Saturday Argo jumped past Sinister with an $8.9 million dollar day. The film made $5.9 million on Friday, and is set for a $20 million dollar weekend.

Sinister is performing well, even in 3rd place. The horror film starring Ethan Hawke only cost 3 million dollars to produce. Plus, Sinister has been the most consistent film of the weekend. Sinister pulled in $7.4 million on Friday and $7 million on Saturday. The film is on its way to making a solid $18.8 million.

The disappointment of the weekend is Kevin James’ Here Comes The Boom. The sports comedy will finish in 5th and pull in an estimated $12 million dollars. Sony has to be disappointed by these meek numbers. The film cost $45 million to produce, and with this weak showing, I doubt the film will turn a profit. The sales of the DVD/BluRay and its sale to basic cable should put the film in the green, but just barely. The updated top ten is at the bottom of the page.

Saturday Mornings Initial Box Office Report

**In first place, Summit Entertainment’s Sinister. Horror is so money in October. The supernatural horror film directed by Scott Derrickson and starring Ethan Hawke only cost $3 million dollars to make and yet its already grossed $7.4 million dollars as of Friday. The film is projecting a $17.5 million dollar weekend.

In second place, Taken 2 which grossed a fantastic $49.5 million dollars last weekend. This weekend, the action film grossed $7.1 million dollars on Friday and is projecting a $22.7 million dollar weekend. If the projections hold up, Taken 2 should take the box office lead over night (Saturday) in route to a 2nd winning weekend.

Ben Affleck’s Argo is in 3rd place. The oscar buzzing film made $5.8 million dollars yesterday, and is projecting an $18 million dollar weekend. The film cost $44.5 million dollars to make according to Warner Bros. and it will makes its money back at the box office over the next few weeks. Everyone who’s seen it agree’s, the film is good.

Rounding out the top five is Hotel Transylvania and Here Comes The Boom. The Kevin James sports comedy is by far the most disappointing film of the weekend. The Columbia PIctures film that cost $42 million dollars to make only made $3.6 million dollars on Friday. The film is projecting a 5th place finish with an $11.9 million dollar gross. Pitch Perfect is on the films heels and could catch Here Comes The Boom, relegating the film to a 6th place finish. The rest of the Box Office top 10 is below.

Box Office Top Ten

1. Taken 2 (Fox) Week 2 [3,706 Runs] PG13
Friday $7.0M, Saturday $9.8M, Weekend $22.7M (-54%), Cume $86.3M

2. Argo (Warner Bros) NEW [3,232 Runs] R
Friday $5.9M, Saturday $8.9M, Weekend $20.1M

3. Sinister (Summit/Lionsgate) NEW [2,527 Runs] R
Friday $7.4M, Saturday $7.0M, Weekend $18.8M

4. Hotel Transylvania (Sony Animation) Week 3 [3,375 Runs] PG
Friday $4.2M, Saturday $7.3M, Weekend $17.0M, Cume $102.1M

5. Here Comes The Boom (Sony) NEW [3,014 Runs] PG
Friday $3.6M, Saturday $5.2M, Weekend $12.0M

6. Pitch Perfect (Universal) Week 3 [2,787 Runs] PG13
Friday $3.0M, Saturday $3.9M, Weekend $8.8M, Cume $35.5M

7. Frankenweenie (Disney) Week 2 [3,005 Runs] PG
Friday $1.7M, Saturday $3.0, Weekend $6.7M (-41%), Cume $21.7M

8. Looper (FilmDistrict/Sony) Week 3 [2,605 Runs] R
Friday $1.8M, Saturday $2.7M, Weekend $6.3M, Cume $51.4M

9. Seven Psychopaths (CBS Films) NEW [1,480 Runs] R
Friday $1.3M, Saturday $1.4M, Weekend $3.5M

10. Atlas Shrugged Part 2 (Atlas) NEW [1,012 Runs] PG13
Friday $691K, Saturday $600K, Weekend $1.6M

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