The studio currently has nine titles on its 2018 release schedule, with “Mission: Impossible 6” (tentative title) as the marquee. Even so, Paramount would end the year with a record low. Maybe it could open closer to $25 million and then, with the help of Thanksgiving and word of mouth, it might approach $100 million. Its Christmas release, Alexander Payne’s “Downsizing” (only a week of which will count towards 2017 totals) could end up as a decent performer based on “The Descendants” or “Sideways.” His new film received reviews less enthusiastic its predecessors, and box office will likely follow suit. So the pressure on “Daddy’s Home 2” to overperform. “Rings” looks like it will break even, “An Inconvenient Sequel” was very low budget and not too wide, and Europe likely saved “Baywatch.”īeyond that, there’s a lot of red ink spilled, from “Monster Trucks” to “Ghost in the Shell,” and the lower-budgeted “mother!” or “Suburbicon.” “Downsizing” Paramount (only $45 million), but did over a quarter million more overseas, so in the black. “xXx: The Return of Xander Cage” was weak in the U.S. Yes, they had a worldwide hit with “Transformers: The Last Knight” ($600 million worldwide), but at over $200 million in production and marketing costs. That’s rock bottom. Of course, market share isn’t the ultimate arbiter of studio success it’s profit. Now, even with a decent showing for “Daddy’s Home 2,” they are certain to fall under five percent, and it likely could end up closer to four. “Transformers: The Last Knight” Credit: Paramount Pictures/Bay Fīut even their worst year had them with at least six percent.
With them gone, they have placed sixth or seventh every year. But four were Marvel and Dreamworks titles. They were #1 in share as recently as 2011, with six films among the top 16 grossers. In 1997, it distributed “Titanic,” the biggest domestic hit in the last 35 years. In the ’70s and ’80s, it was often the top company.
It’s been a long slide for the 105-year-old studio. (Sixth place is Lionsgate, which has nearly double the share.) “Daddy’s Home 2” is Paramount’s 10th release this year and is in seventh place with a 4.6 percent share of domestic box office. Hello, Summer Breakout! ‘Spider-Man: Across the Spider-Verse’ Exceeds All Expectations in Early Shows Then, Paramount faced the abrupt end of a billion-dollar film financing deal with Chinese investor Huahua, which the companies announced early this year. First, worldwide president of marketing and distribution Megan Colligan resigned, with claims of gender discrimination. (In this case, #2 at the box office was great: #1 was “Star Wars: The Force Awakens.”) The sequel reprises directing, writing and leads (Mark Wahlberg and Will Ferrell), with Mel Gibson and John Lithgow added as their intrusive fathers.įor Paramount, 2017 is the worst year in its history, and the release comes a week after in which two big news stories have rocked the studio.
Daddys home 2 filming location movie#
That’s a modest number, but for Paramount that’s great news: Not since “Transformers: The Last Knight” in June has it seen a movie open to as much as $8 million, nor grossed above $18 million. The $69 million-budgeted comedy is a sequel to the original that grossed $150 million two years ago. “ Daddy’s Home 2” opens today with advance estimates around $20 million.
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