Box Office Report: ‘Men in Black 3’ Tops Memorial Day With $202 Million Worldwide, Beats ‘Avengers’

>> Sunday, May 27, 2012

Men In Black 3 Will Smith Tommy Lee Jones erasing memory - H 2012

Will Smith threequel Men in Black 3 isnt quite meeting its numbers at the domestic box office, but is projected to gross a solid $202 million globally by the end of the long Memorial Day weekend. Its also the film to finally topple The Avengers.

In North America, MIB3 is expected to post a four-day total of $70 million after grossing $55 million for the three-day weekend. The $70 million is short the $75 million or $80 million Sony hoped the tentpole would earn (rivals thought it would do more) on the strength of kids and families.

Overseas, MIB3 is on track to open to $132 million from 104 markets, placing No. 1 in all. The pic, however, was notably soft in several several European territories, including the U.K., where warm weather kept people outside.

Theres no doubt that MIB3 is faring far better than Universals Battleship or Warner Bros. Dark Shadows, but it needs to do substantial business to come out ahead. The threequel cost $230 million to produce, plus a pricey marketing spend.

MIB3 is an important test for the marquee franchise after a decade-long hiatus, as well as Smith's star status, considering the actor hasnt been in theaters for four years. In the threequel, Smith's character travels back in time, where he meets a young Agent K, played by Josh Brolin. Tommy Lee Jones returns to play the older Agent K, while Barry Sonenfeld returned to direct after helming the first two installments.

Sony says MIB3 is the best-performing film in the franchise in terms of its three-day weekend gross of $55 million. However, Men in Black grossed $84.1 million over the course of its six-day debut in July 1997, while Men in Black II posted a five-day debut of $87.2 million in July 2002 (both those films debuted around July 4th).

Disney and Marvel Studios The Avengers remains a formidable force in its fourth weekend, grossing an estimated $37 million for the three days on its way to earning $47.1 million for the four-day weekend. Disney says the films global gross is now $1.3 billion just short of the $1.33 billion earned by the final Harry Potter pic, the third biggest title of all time. And over the weekend, it became the fastest film to cross $500 domestically (23 days).

Alcon Entertainment and Warner Bros.' horror pic Chernobyl Diaries -- Memorial weekend's other nationwide release -- grossed a muted $8 million for the three-day weekend to come in No. 5. The low-budget film, with a projected four-day gross of $9.4 million, earned a dismal D+ CinemaScore and is being released by Warner Bros. on behalf of Alcon Entertainment, which acquired the pic from FilmNation.

Wes Anderson's Moonrise Kingdom is making big headlines at the specialty box office. The film, which opened the Cannes Film Festival earlier this month, is expected to gross $678,000 from four theaters in New York and Los Angeles for the four days, putting its location average at a staggering $169,500.

Title Post: Box Office Report: ‘Men in Black 3’ Tops Memorial Day With $202 Million Worldwide, Beats ‘Avengers’
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