Four new movies opened nationwide this weekend, and the cheapest of the bunch came out on top.
Supernatural horror movie The Conjuring, whose budget was less than one-quarter of any of the other movies, took first place with an excellent $41.5 million. Meanwhile,Turbo and Red 2 underwhelmed, while R.I.P.D. was the latest costly misfire this Summer.
This weekend's damage report
Weekend Report: 'Conjuring' Haunts First With Record Opening - Box Office Mojo
In second place, Despicable Me 2 dipped 43 percent to an estimated $25.1 million. That was good enough to beat animation newcomer Turbo, which reinforces just how popular the Despicable brand is among family audiences. To date, Despicable Me 2 has earned $276.2 million, which makes it the eighth-highest-grossing animated movie ever, and the top one since Toy Story 3 in 2010.
Called it. Despicable me2 was going anywhere brehs. kids love them yellow midgits.
reamWorks Animation's Turbo failed to shift out of first gear this weekend: the snail racing movie took in an estimated $21.5 million, which is the lowest start for a DreamWorks movie since 2006's Flushed Away. Including its Wednesday and Thursday grosses, Turbo has earned $31.2 million, which is a slightly slower start than recent DreamWorks Animation disappointment Rise of the Guardians ($32.3 million in its first five days).
Turbo's poor start can be attributed mostly to very unfavorable scheduling. It opened within a month ofMonsters University and Despicable Me 2, two heavyweight animated sequels that are on pace to combine for around $600 million. That was a risky move, and the marketing never clicked enough to help it get out of the shadow of those bigger entries. Family audiences only have so much cash to spend, and Turbo seems to have come out on the losing end of this calculation.
I feel the same may happen with the smurfs too
After Pacific Rim slightly disappointed last weekend, there was hope that it would make up some ground in its second weekend. That didn't wind up being the case: the Guillermo Del Toro monsters vs. robots movie plummeted 57 percent to just under $16 million. The drop and the gross lines up nicely with Cowboys & Aliens, which also translated a years-worth of hype in to slightly underwhelming grosses.
All the way down in seventh place, R.I.P.D. bombed with $12.8 million at 2,852 locations. That opening is identical to last Summer's sci-fi action comedy The Watch, which also debuted to $12.8 million (and was one of the biggest disappointments of Summer 2012). It's also easily the lowest debut so far this year for a movie that cost over $100 million. The movie's audience was 53 percent male and 57 percent over the age of 25, and they awarded it a weak "C+" CinemaScore (which lines up nicely with its 11 percent rating on Rotten Tomatoes).