erik lundegaard

Monday August 04, 2008

Why Titanic is unsinkable

I’ve got a piece on MSNBC today about The Dark Knight’s box office and why it probably won’t pass Titanic’s domestic record of $600 million and why it definitely won’t pass Titanic’s worldwide gross of $1.8 billion. The latter prediction is a no-brainer and the former prediction is the result of finding a similar film (blockbuster, summer, PG-13), with similar percentage drop-offs (daily, weekly) and plugging in The Dark Knight’s original weekly total. That film is Pirates of the Caribbean: Dead Man’s Chest (the second one) and here’s how its percentages calculate with The Dark Knight’s original numbers: 

Week    Box Office       % change   
 1  $238 million  
 2 $110 million  -53.7%
 3  $62 million  -43.5%
 4  $37 million  -39.8%
 5  $20 million  -46.5%
 6  $13 million  -34.2%
 7  $9 million  -30.6%
 8  $6.7 million  -26.5%
 9  $6.7 million  -0.6%
 10  $3 million  -53.7%
 11  $2 million  -35.3%
 12  $1 million  -34.3%
 13  $737, 903  -44.1%
 14  $492,181  -33.3%
 15  $306,137  -37.8%
 16  $196,540  -35.8%
 17  $187,892  -4.4%
 18  $201,984  +7.5%
 19  $759,460  +276%
 20  $603,771  -20.5%
 21  $454,035  -24.8%
 22  $273,329  -39.8%

The total? $515 million.

How accurate is this formula? It predicts $110 million for Dark Knight’s second week; the film wound up making $112 million. So not bad so far.

The Dark Knight might do better than this, of course. For one, its percentage drop-offs, thus far, aren’t quite as high as Pirates'. Plus it’s a better film, and so should have longer legs, etc., and there’s Oscar buzz. But Titanic looks safe.

Of course that's what they said in 1912

Posted at 07:35 AM on Monday August 04, 2008 in category Movies  
« Philippe Petit becomes a bird   |   Home   |   Le Pays de Cons »
 RSS
ARCHIVES
LINKS