Sunday, May 19, 2024

‘Five Nights at Freddy’s’ To Hit $50M+ Box Office Opening With Peacock Release – Deadline

No one knew how big this was going to be, or is going to be but Universal/Blumhouse’s feature take on beloved horror videogame, Five Nights at Freddy‘s is eyeing a $50M+ start possibly even more. At that level, it’s the second-best opening of this autumn’s B.O. behind Taylor Swift: The Eras Tour ($92.8M).

Presales have grown to a crazy amount since we last reported, some saying well north of $11M+, with some exhibitors projecting a tentpole type opening of $85M, but what should give one pause here is the whole theatrical day-and-date of it all on Peacock. Last year, many swore $50M+ on Halloween Ends and that wound up crashing at a $40M opening, as that sequel wound up scoring record weekend viewership on Peacock simultaneously.

While presales now are higher than M3GAN for Freddy’s ($30.4M), many observe the fact that the pic is frontloaded, fueled by a very passionate under 25 demo. And look what happened with Taylor Swift: Eras Tour recently where many exhibition and distribution sources swore to God that film would open to $100M-$125M+ over three-days, only to see $92.8M. Such is the nature of millennial moviegoers when they decided to make a date to an event in pacts ahead of time, and by Saturday, it’s passe. Universal has a theater count between 3,500 to 3,600 for Freddy‘s with PLFs included. Previews start at 2PM for this PG-13 genre title.

If numbers were so high, why in hell did Universal opt to go day-and-date with this? I understand it simply boiled down to the movie being originally packaged as such. Will money be left on the table due to Peacock? Probably, though the debate is that the streamer’s penetration isn’t as big as Disney+ or Netflix, however, in the end, Freddy‘s is a driver to the OTT service. Black Widow with an $80.3M opening is arguably the biggest box office opening for a day-and-date streaming title, despite the fact that it was offered to Disney+ subscribers at a $25 charge. Halloween Kills in a day-and-date on Peacock debuted to $49.4M.

Freddy‘s, directed by Emma Tammi, follows Mike (Josh Hutcherson; UltramanThe Hunger Games franchise) a troubled young man caring for his 10-year-old sister Abby (Piper RubioHolly & IvyUnstable), and haunted by the unsolved disappearance of his younger brother more than a decade before.

Recently fired and desperate for work so that he can keep custody of Abby, Mike agrees to take a position as a night security guard at an abandoned theme restaurant: Freddy Fazbear’s Pizzeria. But Mike soon discovers that nothing at Freddy’s is what it seems. With the aid of Vanessa, a local police officer (Elizabeth Lail; YouMack & Rita), Mike’s nights at Freddy’s will lead him into unexplainable encounters with the supernatural and drag him into the black heart of an unspeakable nightmare.

Pic also stars Mary Stuart Masterson as Mike’s icy Aunt Jane; Kat Conner Sterling as Abby’s caring babysitter, Max; and Matthew Lillard as Steve Raglan, Mike’s smug career counselor.

Other diagnostics on the weekend: AMC’s Taylor Swift: The Eras Tour in weekend 3 looks to be down steep at -60% again, but could peg second place with $13.3M.

Apple Original Films and Paramount’s Killers of the Flower Moon after a solid $2M Monday following its $23.25M opening (current B.O. is $25.25M) hopes to hold around -45%, possibly better, for around $12.8M in weekend two.

Focus Features is rolling out its fall film festival darling and awards season contender, The Holdovers, from Alexander Payne this weekend in limited release. The 1970s set Massachusetts set prep school feature starring Paul Giamatti is at 97% fresh on Rotten Tomatoes from 77 reviews currently.

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