| 2017-10-20 15:22:01|
TWX, LGF.A… 15:22 10/20 10/20/17
Box Office Battle: Disaster movie 'Geostorm' to be box-office disaster?
This weekend will see the Halloween holiday-timed release of Lionsgate (LGF.A, LGF.B) comedy "Tyler Perry's Boo 2! A Madea Halloween," which is opening at 2,388 theaters. "Boo 2!" is expected to win this weekend's domestic box office with a gross of about $25M. Comcast (CMCSA, CMCSK) subsidiary Universal and Blumhouse Productions' horror film "Happy Death Day," which won last weekend's box office, is expected to earn an additional $11M-$12M this weekend, in its second weekend at theaters. Also opening this weekend at 3,246 theaters is Time Warner's (TWX) Warner Bros. climate disaster film "Geostorm," which stars Gerard Butler. The film, which had a production budget of $120M, is expected to earn in the range of $9M-$11M. Another Warner Bros. film, "Blade Runner 2049," the sequel to the 1982 science fiction classic "Blade Runner," is expected to earn an additional $7M-$8M in its third weekend at theaters. Other publicly traded companies in filmmaking include 21st Century Fox (FOX, FOXA), Disney (DIS), Sony (SNE), Time Warner (TWX), and Viacom (VIA, VIAB).
See Street Research during your Free Trial