Not many of you saw ‘Jack the Giant Slayer’ this weekend

Ian McShane, Ewan McGregor, Eleanor Thomlinson and Nicholas Hoult (all center) in "Jack the Giant Slayer," which not many of you saw this weekend CREDIT: Warner Bros. Pictures
Ian McShane, Ewan McGregor, Eleanor Tomlinson and Nicholas Hoult (all center) in “Jack the Giant Slayer,” which not many of you saw this weekend
CREDIT: Warner Bros. Pictures

“Jack the Giant Slayer,” the first big-budget action film of the year, was anything but a killer at the weekend box office.

“Jack,” a retelling of the “Jack and the Beanstalk” fairy tale, earned the No. 1 spot on domestic box office charts with $28 million in ticket sales in U.S. and Canadian theaters, according to studio estimates compiled by Reuters on Sunday. But that was an underwhelming start for a 3D movie that cost $189 million to produce, plus tens of millions more to market.

“Jack the Giant Slayer” also grossed $13.7 million from 1,824 screens in 10 Asian markets.

Comedy “Identity Thief” took in $9.7 million to capture second place and new adult comedy “21 and Over” finished in third place on domestic charts with $9 million in ticket sales from Friday through Sunday.

Low-budget horror sequel “The Last Exorcism Part II” took the No. 4 slot with $8 million, according to studio estimates.

“Jack” clearly was not a great opening by any means, said Phil Contrino, vice president/chief analyst with Boxoffice.com.

“But I wouldn’t rush to call the film a financial flop just yet because overseas growth can really save a movie, and I feel that this is a movie that could do really well in other territories and make up for the fact that the North American haul was a little bit underwhelming.”

The movie stars Nicholas Hoult as a young farmer who ventures into the land of the giants to save a kidnapped princess. The film received a mixed reception from critics. As of Friday, 49 percent of reviews recommended the movie on aggregation website Rotten Tomatoes.

Warner Bros. believes “Jack” will perform well in overseas markets as it opens in more countries in the coming weeks. International sales, particularly for action movies, can run twice as high or more.

“It was within the range of our expectations,” Jeff Goldstein, vice president theatrical distributions at Warner Bros., said about the film’s domestic weekend performance.

“We know that this is a global picture and the technology and the special effects will really drive this movie internationally,” he added.

“Jack the Giant Slayer” was produced by Time Warner Inc-owned Warner Brothers and Legendary Entertainment, which partnered with Warner on hits including “The Dark Knight” trilogy and “The Hangover” series.

Two of last year’s films with bigger budgets flopped – Walt Disney Co’s $250 million Mars epic “John Carter” and the $209 million action movie “Battleship” from Comcast Corp’s Universal Pictures – forcing the companies to acknowledge financial losses.

“John Carter,” released in March last year, opened with $30.2 million, according to Box Office Mojo.

Janney Montgomery Scott analyst Tony Wible, who compiles a database to project film performance, had estimated “Jack” would need to open with at least $25 million at U.S. and Canadian theaters to make back its budget, not including marketing costs.

“21 and Over,” produced for $13 million, is a college party comedy about three friends who celebrate a 21st birthday on the night before a big exam. It was written by the screenwriters of “The Hangover.”

The “Last Exorcism” sequel follows the 2010 original about a minister who lets his demon-fighting be filmed by a documentary crew. In the new movie, the story resumes with the girl who was previously freed from an evil force running into more trouble. Distributor CBS Films, a unit of CBS Corp, acquired the sequel for about $3 million.

Rounding out the top five films was “Snitch,” which brought in $7.7 million.

Another new release, “Phantom,” failed to finish in the top 10 performing films. The movie stars Ed Harris and David Duchovny in the story of a Soviet submarine captain leading a secret mission.

“Identity Thief” was released by Universal Pictures, a unit of Comcast. “Snitch” was distributed by Summit Entertainment, a unit of Lions Gate Entertainment “Phantom” was released by privately held RCR Distribution.



News
Entertainment
Sports
Lifestyle
News

Libya seeks ceasefire as south Tripoli a militia…

By Patrick Markey and Aziz El YaakoubiTRIPOLI (Reuters) - Black plumes of smoke marked shell blasts and bulldozed earthen barricades mapped out the frontlines around…

Breaking: News

Russia mad about sanctions, says U.S. contributing to…

Russia reacted angrily on Saturday to additional sanctions imposed by the European Union over Moscow's role in the Ukraine crisis, saying they would hamper cooperation…

National

Mutant worms stay sober, even on alcohol

U.S. researchers have developed "mutant worms" that do not get drunk by alcohol, a breakthrough that could lead to new treatment for people trying to quit drinking

Local

K-9 nose helps capture $150K in cocaine at…

A furry, four-legged security agent helped authorities stop an illegal cocaine shipment from sneaking past JFK customs.

Movies

Review: Brett Ratner's big 'Hercules' movie is small…

The latest "Hercules," starring Dwayne Johnson as the half-god beefcake of Greek myth, strips its hero and tale of most of its fantastical elements.

Arts

Scientists recreate world's smallest Monet copy

Scientists have reproduced a famous Impressionist painting using nano-printing, to create what has been described as the world's smallest work of art. Reworked at the…

Television

Jerry Seinfeld is ambidextrous, and other Reddit AMA…

See some of the weirder highlights of Jerry Seinfeld's recent Reddit AMA.

Going Out

Grab a pedestrian and start dancing at What…

As a New Yorker, I’ve mastered the art of focusing my gaze straight ahead. Though it occasionally piques my interest, the absurdities that play out…

U.S. Soccer

Orlando City takes shot at NYCFC over Frank…

Orlando City reminded the world how big a signing Brazilian star Kaka earlier this month with a photo of Kaka mobbed by fans juxtaposed against Lampard.

NBA

Jeremy Lin says 'Linsanity' is over as he…

Jeremy Lin lit up the NBA two years ago with his play for the Knicks but he has no desire to recreate "Linsanity" in his new career with the Lakers.

NFL

2014 NFL Fantasy Football Top 100 overall player…

2014 NFL Fantasy Football Top 100 overall player rankings

U.S. Soccer

NYCFC announce signing of Frank Lampard

The tease of a big signing Thursday by new MLS side NYCFC ended up being one rumored for weeks. England midfielder Frank Lampard agreed to…

Tech

Forget Wi-Fi: Li-Fi could be the future

Li-Fi technology – developed by Mexican company Sisoft – is wireless internet connectivity using specialized LED light.

Tech

Weather app Climendo might be the most accurate…

The wait for a truly accurate weather forecast could finally be over thanks to a nifty new app called Climendo.

Tech

Napkin Table puts focus off the phone and…

Michael Jan, a design student at Tunghai University in Taiwan, has invented a serviette-picnic blanket hybrid called the Napkin Table.

Style

Essie's new Color Boutique

Essie launches high-tech kiosks at major airports and malls across the country.