Paramount's Final Move?

Good morning: In today's edition of The Industry, we look at:

Despicable Me opens, Paramount closes, Wanda Sykes gets dramatic, Smart House on steroids, Australia doubles down, and a glacier.

Let’s go!

We’re going to start to do detailed Box Office breakdowns every Monday.

Animation continues to rule, with Inside Out 2 and Despicable Me 4 making a combined $105 M domestic during the three-day weekend. However, some of Despicable Me 4’s opening weekend profits were cannibalized by Inside Out 2, which enjoyed a healthy $30 M domestic fourth weekend.

Here’s the breakdown of Despicable Me 4’s domestic performance over the franchise history:

Despicable Me (2010)

• $56.3 M

Despicible Me 2 (2013)

• $84.2 M

Despicible Me 3 (2017)

• $72.4 M

Despicible Me 4 (2013)

• $75 M

• $230 M Global

There seems to be some slight growth from DM3 to DM4, but the latest film in the Minions universe outperformed it by a long shot:

Minions: The Rise of Gru (2022)

• $107 M

Here’s the breakdown of the rest of the top 10:

$30 M - Inside Out 2 (Pixar)

• $533.8 M domestic total

• $1.2 bn Global

• Week 4

$21 M - A Quiet Place: Day One (Paramount)

• $94 M domestic total

• $178 M Global

• Week 2

$6.7 M - Maxxxine (A24)

• $7.8 M Global

• Outperformed the rest of the trilogy (X, Pearl) by 58% and 114%, respectively

• Week 1

$6.5 M - Bad Boys: Ride or Die (Sony)

• $177 M domestic total

• $360 M Global

• Week 5

$5.5 M - Horizon: An American Saga Chapter 1 (Warner Bros.)

• $22.2 M domestic total

• $22.7 M Global

• Week 2

$3.2 M - Sound of Hope: The Story of Possum Trot (Angel Studios)

• $6.8 M 4-day domestic opening

• Week 1

$1.8 M - Kalki 2898-AD (Prathyangira Cinemas)

• $16.5 M domestic total

• Week 2

$1.3 M - The Bikeriders (Focus Features)

• $19.3 M domestic total

• $29.5 M Global

• Week 3

$860K - Kinds of Kindness (Searchlight)

• $3.8 M domestic total

• $6.5 M Global

• Week 3

Here are the biggest losers:

$72 K - Hijack 1971 (Sony)

• $10.4 M Global

• Week 1

$30.8 K - Robot Dreams (Neon)

• $631 K domestic total

• $4.4 M Global

• Week 6

$19 K - Seven Samurai (Janus Films)

Seven Samurai made all $19K of a single screen, besting every per-screen average of the weekend, even topping Despicable Me 4’s PSA of $16.9 K.