Table of Contents Box Office June 23-25, 2023The Box OfficeMovies That Opened This WeekendNext Week’s FilmsThe History of Box Office (and Profit Measurement)
Box Office June 23-25, 2023
The theatrical movie box office results for June 23, 2023 through June 25, 2023 have been released.
The Box Office
Spider-Man: Across the Spider-Verse was Number One at the United States box office over the weekend with $19.3 Million (a 29% drop from last weekend) for $317 Million so far. Worldwide, the film has made over $560.2 Million.
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Elemental was Second at the United States box office over the weekend with $18.4 Million (a 38% drop from last weekend) so far. The Flash was Third at the United States box office over the weekend with $15.2 Million (a 72% drop from last weekend) so far. A 72% drop in week two? Wow. The Flash is completely disappointing at the box with Spider-Man: Across the Spider-Verse, which came out four weeks ago, beating it and rising back to the Number One spot this weekend. This is a surprising turn of events and sad. No Hard Feelings premiered in Fourth Place at the United States box office over the weekend with $15.1 Million. Transformers: Rise of the Beasts was Fifth at the United States box office over the weekend with $11.6 Million (a 44% drop from last weekend) for $122.9 Million so far. Worldwide, the film has made over $341.2 Million. These films: Asteroid City, The Little Mermaid, Guardians of the Galaxy Vol 3, The Blackening, The Boogeyman rounded out the top ten respectively.
Movies That Opened This Weekend
The films in the Top Ten that opened this weekend at the box office:
Next Week’s Films
Next week sees the release of: Indiana Jones and the Dial of Destiny, Ruby Gillman Teenage Kraken, Past Lives, and a plethora of other films. Find my predictions on these releases in the weekly The Bottom Line column. A preview: Indiana Jones and the Dial of Destiny will be Number One at the box office for a second week.
The History of Box Office (and Profit Measurement)
“A box office or ticket office is a place where tickets are sold to the public for admission to an event. Patrons may perform the transaction at a countertop, through a hole in a wall or window, or at a wicket. By extension, the term is frequently used, especially in the context of the film industry, as a metonym for the amount of business a particular production, such as a film or theatre show, receives. The term is also used to refer to a ticket office at an arena or a stadium. Box office business can be measured in the terms of the number of tickets sold or the amount of money raised by ticket sales (revenue). The projection and analysis of these earnings is greatly important for the creative industries and often a source of interest for fans. This is predominant in the Hollywood movie industry. To determine if a movie made a profit, it is not correct to directly compare the box office gross with the production budget, because the movie theater keeps nearly half of the gross on average. The split varies from movie to movie, and the percentage for the distributor is generally higher in early weeks. Usually the distributor gets a percentage of the revenue after first deducting a “house allowance” or “house nut”. It is also common that the distributor gets either a percentage of the gross revenue, or a higher percentage of the revenue after deducting the nut, whichever is larger. The distributor’s share of the box office gross is often referred to as the “distributor rentals”, especially for box office reporting of older films.”
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