Weekend Box Office Wrap Up: August 17th, 2014

August 17 Box Office - Expendables 3

August 2014 stays on pace for a new box office record, but this week's new releases couldn't top the reigning kings.

Coming in at number 1 (again) is Teenage Mutant Ninja Turtles with $28.4 million. The Turtles held on much better than some of this summer's bigger releases and easily trounced any new contenders. Now at $117 million, TMNT has defied the odds and proven itself a bona fide success.

The number 2 film this week is Guardians of the Galaxy with $24.7 million. Marvel's runaway hit is already up to $222 million (after only three weeks) and is currently the 6th highest grossing movie of 2014. While the film has a decent chance of catching Captain America 2 for highest grossing film of the year, it will most certainly eclipse Transformers 4 as the top summer release. Guardians has also grossed $196 million internationally.

The buddy comedy Let's Be Cops (read our review) is the number 3 film with $17.7 million. Poorly timed release aside, Let's Be Cops was actually able to beat some notable summer comedy releases like Sex Tape and A Million Ways to Die in the West. More impressively, it did so without the star power of those films.

Jake Johnson and Damon Wayans Jr. in Let's Be Cops

Let's Be Cops actually opened on Wednesday of this week, and did decent business then as well. The film is now up to $26 million.

In at number 4 is The Expendables 3 (read our review) with $16.2 million. There were likely a lot of factors that played into The Expendables 3's success (or lack thereof), but we'd surmise that franchise fatigue was a big one. This third film was also the first to carry a PG-13 rating instead of a hard R, which could have been off-putting to series fans.

Whatever the case may be, it's pretty clear that The Expendables' pull among action fans is dying off. The franchise was off to a great start when Expendables 1 opened with $34 million in 2010, but $28 million from the second film and now $16 million from this third one is a clear sign things are no longer working.

Rounding out the top 5 is The Giver (read our review) with $12.7 million. That's obviously much lower than your average YA success and more in line with recent flops like The Mortal Instruments and The Host.

August 2014 Preview - The Giver

The Giver had an uphill climb almost out of the gate and clearly struggled without a bankable lead and a potentially off-putting black-and-white visual style. Not to mention, the film's tweaks to the source material likely hurt its appeal to book fans.

The tornado-chasing thriller Into the Storm comes in at number 6 with $7.7 million. Although the film has done middling business since release, it's unlikely to make back its $50 million budget, let alone turn a profit. $31 million after two weeks is nothing to write home about for a film with big aspirations like this.

Coming in at number 7 is The Hundred-Foot Journey with $7.1 million, which brings its domestic total up to $23 million. The Helen Mirren-led foodie picture held better than all other top 10 releases, which we predicted last week. More importantly, the film eclipsed its $22 million production budget after two weeks.

Lucy is the number 8 film with $5.3 million. Luc Besson's latest action-y flick has defied all expectations, grossing $107 million off a $40 million budget. Clearly the power of The Avengers is strong with Scarlett Johansson.

Scarlett Johansson as Lucy
Scarlett Johansson as Lucy

In at number 9 is Step Up All In with $2.7 million. There isn't much in the way of good news for this dance-centric franchise, as the most recent entry has only grossed $11 million.

Rounding out the top 10 is Richard Linklater's Boyhood, which jumped up 8.9% and pulled in $2.1 million over the weekend. The critically acclaimed indie, which follows a young boy over a period of 12 years, is now up to $13 million.

[NOTE: These are only weekend box office estimates - based on Friday and Saturday ticket sales coupled with adjusted expectations for Sunday. Official weekend box office results will be released on Monday, August 18th - at which time we'll update this post with any changes.]

Source: Box Office Mojo

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