Jumanji is now the fifth biggest domestic movie of 2017 and the third biggest movie ever in the history of Sony Pictures. The Dwayne Johnson and Kevin Hart-led sequel dropped just 32 percent last weekend, earning another $11 million in U.S. theaters. This film has now grossed more than $352 million in the U.S. alone and an additional $503 million worldwide. (Internationally, it’s the eighth biggest film of last year, ahead of Thor: Ragnarok and just behind Guardians of the Galaxy Vol. 2.) In a year with many disappointing sequels, Jumanji is on that exceeded every possible expectation.
Speaking of sequels that didn’t live up to expectations: Maze Runner: The Death Cure fell to second place on the box office chart in its second weekend in theaters. The film grossed an estimated $10.2 million, dropping nearly 60 percent from the previous weekend. The third film in the young-adult adaptation series will almost certainly be the lowest grossing movie in the franchise.
Third place last weekend went to the one new release in theaters: Winchester, a haunted house movie starring Helen Mirren. In its debut, the horror film grossed just $9.25 million, while CinemaScore voters gave the film a lowly “B-,” suggesting its life in theaters could be pretty brief. (I’m sure its afterlife will be better.) The fourth and fifth spots on the chart went to The Greatest Showman, the surprisingly popular circus musical with Hugh Jackman, and Hostiles, the Western starring Christian Bale. Showman is now up to $135 million in the United States alone.
On a per-screen basis, the biggest movie of the weekend was A Fantastic Woman, the Chilean film about a trans woman dealing with the loss of her partner. Debuting just after its Oscar nomination for Best Foreign Language Film, A Fantastic Woman made about $70,000 at five nationwide locations, for a per-screen average of $14,196. In second place was 24 Frames, the final film from the late Iranian filmmaker Abbas Kiarostami. At one theater it grossed $8,610.
Sony attributed its success for the quarter, which spanned from October through December 2017, to “the strong worldwide theatrical performance of Jumanji: Welcome to the Jungle.” The reboot/sequel, starring Dwayne “The Rock” Johnson, has been a pleasant surprise for the studio, grossing more than $824 million at the worldwide box office. However, most of that will be recorded in the following quarter since it was released globally in January; for Q3, Sony logged $329 million of Jumanji’s box office haul. Blade Runner 2049, which Sony distributed outside of North America, also accounted for $163 million.
Another contributing factor to Sony Pictures’ impressive quarter was the response to Season 2 of The Crown, which helped drive “an increase in sales for Television Productions mainly due to higher subscription video-on-demand revenues.” Other notable mentions include higher advertising and subscription revenues in India due to the acquisition of TEN Sports Network and improved ratings, as well as higher revenues due to the acquisition of Funimation.
It’s quite the turnaround for Sony which had taken a $962 million (￥112.1 billion) impairment charge for its film division for the same fiscal third quarter in 2016, leading to a massive $920 million (￥106.8 billion) loss and sparking speculation that the company was preparing to exit the movie business. Revenue at the film division rose to $2.37 billion (￥260 billion) for the latest quarter, compared to $1.94 billion (￥225 billion) in the year-ago quarter.
The forecast for full-year profits for Sony Pictures remained unchanged at ￥39 billion, or $355 million currently, as the positive impact of Jumanji’s impressive performance is expected to offset the negative impact of lower home entertainment revenue, including DVD and Blu-ray sales