LOS ANGELES, Oct 2 (Variety.com) - Tim Burton's "Miss
Peregrine's Home for Peculiar Children" topped a feeble crop of
new releases to pick up first place at the weekend box office,
opening to $28.5 million.
That's a mediocre start given the fantasy film's $110
million budget. It means that the adaptation of Ransom Riggs'
best-selling young adult novel will have to do well overseas if
it wants to make money and inspire a sequel. Burton is
responsible for blockbusters such as "Batman" and "Planet of the
Apes," but his commercial touch has been spotty of late. He
hasn't had a major hit since 2010's "Alice in Wonderland," with
audiences rejecting the likes of "Dark Shadows,"
"Frankenweenie," and "Big Eyes."
"Miss Peregrine's" is in a better position than "Deep Water
Horizon," after the expensive adventure drama from the "Lone
Star" team of Mark Wahlberg and Peter Berg collapsed with a
$20.6 million opening. The look at the men and women who were
forced to grapple with one of the worst oil spills in history
cost roughly $120 million to produce after incentives are taken
Critics liked the film, handing it an 82% "fresh" rating on
Rotten Tomatoes. However, the strong reviews didn't translate
into ticket sales. Lionsgate, the studio behind the film, has
had a rough period at the box office. It is struggling to find a
replacement for "The Hunger Games," the hugely successful young
adult series that concluded last year, and has seen the likes of
"Gods of Egypt," "Blair Witch," and "The Divergent Series:
Allegiant," falter at the multiplexes. At the same time, the
company's share price has dropped more than 50% since last fall.
Lionsgate's movie arm hopes to regain its stride with the
upcoming release of "La La Land," an acclaimed musical with Ryan
Gosling and Emma Stone, and "Hacksaw Ridge," a war drama from
Then there's "Masterminds." The heist-comedy about a hapless
band of robbers was originally scheduled to be released last
year, but found itself entangled in Relativity Media's
bankruptcy proceedings. Freshly emerged from Chapter 11,
Relativity had hoped that its release would signal to Hollywood
that the studio has put its financial troubles behind it. Yet,
"Masterminds" eked out a feeble $6.6 million, a disastrous
result for the mid-budget comedy. At one point during its
bankruptcy proceedings, Relativity predicted that "Masterminds"
would generate $125.4 million in revenues for the studio over
its lifetime and $47.1 million in profit. Those projections now
look very rosy.
Disney's "Queen of Katwe" also bombed in its expansion. The
drama about a chess prodigy from Uganda only managed to generate
roughly $2.6 million after moving from 52 to 1,242 screens.
Disney is primarily in the blockbuster business, offering up
Marvel adventures, "Star Wars" sequels and spin-offs, and the
latest Pixar fantasies. It has, however, tried to do a series of
uplifting, lower-budgeted dramas such as "Million Dollar Arm"
and "McFarland, USA," with middling results.
Last weekend's champion, "The Magnificent Seven," slid to
third place, earning $15.7 million. The Western remake with
Denzel Washington has racked up $61.6 million in its first two
weeks of release.
The animated comedy "Storks" and Clint Eastwood's "Sully,"
took fourth and fifth place, earning $13.8 million and $8.4
million, respectively. "Storks" has made $38.8 million in its
first two weeks in theaters, while "Sully" has racked up an
impressive $105.4 million over its first month of release.
In limited release, Bleecker Street's "Denial," a drama
about a Holocaust denier, debuted to $102,101 on five theaters
for a $20,420 per-screen average. A24 also bowed "American
Honey," a buzzy look at a mag crew that took Cannes by storm, in
four theaters where it made $75,370 for a per-screen average of