This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

'Despicable Me 2' Is No. 1 at Box Office for 2nd Week

By Ryan Nakashima

LOS ANGELES -- Universal's (CMCSA) minions ran away with the box office for the second successive week.

With $44.8 million in domestic ticket sales Friday through Sunday, the animated sequel Despicable Me 2 outdid the debuts of the Adam Sandler comedy Grown Ups 2 and director Guillermo del Toro's monsters-versus-robots action flick Pacific Rim.

The weekend's No. 1 movie featuring Steve Carell as ex-supervillain Gru made an additional $55.5 million overseas. That brought its global two-week total to $472.4 million, according to studio estimates Sunday.

"This has become the July film to beat right now," said Paul Dergarabedian, president of the box office tracking division of Hollywood.com. "There's something about the minions that audiences just love."

Sony (SNE) was pleased with Sandler's second-best movie opening of his career with $42.5 million in sales in the U.S. and Canada. (His best domestic opening was The Longest Yard from 2005 with $58.6 million over four days). Overseas, the comedy brought in $1.7 million.

The movie brings together former NBA star Shaquille O'Neal as a bumbling police officer with a host of comedy stars, including Chris Rock and David Spade playing awkward parents.

The third-place finish of Pacific Rim, with $38.3 million in receipts, represented a disappointing start domestically for Warner Bros. (TWX) and partner Legendary Entertainment. Figures released by the studio showed it doing better overseas.

The movie took in $53 million from 38 markets outside the U.S. and Canada, representing about half its overseas footprint. It has yet to open in China or Japan, the home of the movie's co-star, Rinko Kikuchi.

Warner Bros. said the debut of Pacific Rim in several countries, like Russia and South Korea, was better than that of other films that have gone on to gross more than $300 million internationally, like Transformers 2 and Prometheus.

The movie had an estimated production budget of $185 million, not including the millions spent on marketing, so there is still the opportunity for it to make its money back.

Fizziology, a company that tracks buzz on such social networks as Twitter and Facebook, said that 82% of posts on Pacific Rim were positive ahead of the opening, with only 6% negative as some people drew negative comparisons to the Power Rangers or Godzilla. The film draws heavily on Japan's Kaiju movie monster tradition.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.75 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%
TSLA $206.79 0.00%
YHOO $44.45 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs