Weekend Box Office Wrap-up: February 8, 2015

Spongebob Squarepants Sponge Out of Water Movie

Who lives in a pineapple under the sea and is the king of the box office? SpongeBob Squarepants.

Coming in at #1 this weekend is The SpongeBob Movie: Sponge Out of Water (read our review), with a $56 million opening weekend. That is a sizable increase from the debut of the first SpongeBob film that came out in 2004 ($32 million), but with 10 years of ticket price inflation and 3D surcharges, that is to be expected. Still, this is a very strong start for the family film, which took advantage of the limited competition for its target demographic. With few other options for that segment on the horizon, Sponge Out of Water should be set up for a lucrative run in February.

American Sniper is the #2 film, grossing an additional $24.1 million. Clint Eastwood's latest directorial effort continues to be a force at the box office, upping its domestic total to a whopping $282.2 million. Sniper is currently the third highest-grossing release of 2014 (it got a limited release last Christmas), trailing only The Hunger Games: Mockingjay - Part 1 and Guardians of the Galaxy.

Coming in third is Jupiter Ascending (read our review), which made $19 million in its first three days. On Friday, it seemed like the Wachowskis' newest sci-fi adventure would be able to finish in second, but the poor word-of-mouth surrounding the project spelled its doom and it failed to leave an impression.

Though the film sported an A-list cast that included Channing Tatum, Mila Kunis, Eddie Redmayne, and Sean Bean, their presence just wasn't enough to elevate Jupiter Ascending to the heights of The Matrix. This is the third consecutive poor showing for the famous directors, and it's unlikely that Jupiter Ascending shows strong legs. The Wachowskis' time may be past them.

February 2015 Preview - Jupiter Ascending

The #4 film is new arrival Seventh Son (read our review), which grossed $7.1 million. Like Jupiter Ascending, this fantasy film wasn't expected to be a breakout smash due to it being delayed several times. That said, Universal was certainly hoping for more than this for a debut. Going head-to-head against the aforementioned Jupiter certainly hurt its chances, and this franchise hopeful won't be seeing a sequel anytime soon.

Rounding out the top five is Paddington with $5.3 million. Though it lost a chunk of its target audience with the arrival of SpongeBob, it's still able to draw viewers in and post respectable numbers. The film has now made $57.2 million cumulatively.

Coming in at number six is Project Almanac, which made $5.3 million to up its domestic total to $15.7 million. While it finished in second last week, the overall poor critical reception and limited demographic appeal (it was marketed toward teen moviegoers) hurt its chances of becoming the next found footage hit. However, with a budget of only $12 million, it should still turn a profit for the studio.

The Imitation Game is the seventh place film with $4.8 million. The Benedict Cumberbatch-starring Best Picture nominee continues to perform solidly at the box office, as its domestic total is now at $74.7 million. As we approach the Oscar ceremony, it should remain in the top ten the next few weeks.

The Imitation Games cast

At #8 is The Wedding Ringer with $4.8 million. Kevin Hart's latest comedy is now at $55.1 million domestically.

Drama Black or White comes in at #9. The Kevin Costner-led production grossed $4.5 million in its second weekend, upping its domestic total to a modest $13.1 million.

Rounding out the top 10 is The Boy Next Door. Jennifer Lopez's erotic thriller made an additional $4.1 million this weekend and has now made $30.8 million total.

[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, February 9 - at which time we'll update this post with any changes.]

Source: Box Office Mojo

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