Thursday
Oct232008
Thursday, October 23, 2008 at 12:16PM Fearless Forecast - 'High School Musical' Cuts Down 'Saw'
I've seen some pretty stratospheric predictions for
High School Musical 3: Senior Year, including
one that has the big screen debut of the Disney series raking in $57 million!
We're going to back off of that prediction, although it's still going to be a
massive, massive hit. Phenomena are pretty hard to track, because you don't know if there's going to be repeat business and how much, and you don't know for certain in this case exactly who will show up, because it's the first time one of these has been in theaters. However, the movie should turn a profit by Saturday and $100
million seems like a very real destination. And that's before we even get to the
home video sales for this.
Massive, massive hit.
2 - Saw V ($27 million)
3 - Max Payne ($7 million)
4 - Pride and Glory ($6.5 million)
5 - Beverly Hills Chihuahua ($5.8 million) Last week's Fearless Forecast was not a rousing success. We got four of the top five movies right, but W. underperformed and The Secret Life of Bees overperformed our expectations by the same margin, around $3 million. We were also a little high on the total for Max Payne, but we pinned Beverly Hills Chihuahua down by about $300,000.

That means that for the first time in four years, a Saw movie will not open in first place. Saw V should do around its usual business - believe it or not, there's very little shared audience between Jigsaw and Zac Efron - so while High School Musical won't take any of its crowd away, the Saw fans will just be significantly outnumbered.
Left out in all of this is Pride and Glory, a movie that New Line had ready to go this spring, but then the company was restructured and a lot of its movies were unfortunate victims. This one should do OK. Nobody's expecting a huge opening weekend, and they wouldn't be even if this was the only movie in theaters; Edward Norton and Colin Farrell aren't very big draws, and for a crooked cop movie on a crowded weekend, that would be a deciding factor.
And Tim Burton's The Nightmare Before Christmas is back in theaters this year, in its two-year-old 3-D version. Much like Polar Express, it'll get some diehard business this weekend, although it makes you wonder why Disney released the DVD two months before Halloween if they were going to push the movie back into theaters. Disney shouldn't worry; they've made a killing off this movie, they're the clear winners of the fall so far with Beverly Hills Chihuahua, and they're going to be thrown tons of money for High School Musical.
The Top Five:
1 - High School Musical 3 ($41 million)
2 - Saw V ($27 million)
3 - Max Payne ($7 million)
4 - Pride and Glory ($6.5 million)
5 - Beverly Hills Chihuahua ($5.8 million) Last week's Fearless Forecast was not a rousing success. We got four of the top five movies right, but W. underperformed and The Secret Life of Bees overperformed our expectations by the same margin, around $3 million. We were also a little high on the total for Max Payne, but we pinned Beverly Hills Chihuahua down by about $300,000.




