It Was The Worst Box-Office In Sixteen Years

This past weekend’s box-office has gotten people talking, and not in a good way. A combination of a lack of interesting releases, the Mayweather vs. McGregor fight, and the devastating weather conditions in the south lead to the Top 12 films grossing just $49 million combined.

That’s the worst grossing weekend since late September 2001 just weeks after the 9/11 terrorist attacks. Three new films opened – the animated “Leap!,” the faith-based “All Saints,” and the Bruce Lee-themed “Birth of the Dragon”. None of them beat out “The Hitman’s Bodyguard” which remained in the top spot despite falling 53% and earning just $10 million.

Hollywood is battening down for the Labor Day weekend holiday this coming weekend which brings just one wide release, “Tulip Fever,” which isn’t expected to have any impact. In fact, things aren’t expected to look up until the following week with the Stephen King horror adaptation “IT” now looking like it’s headed for a $60 million opening.

By the time Labor Day is over next weekend however, the domestic box-office is expected to be down 16% for the year – the steepest decline in modern times. Attendance is also expected to hit a 25-year low. International box-office has somewhat saved a few titles, up 3% overall, but even they have turned their noses up at certain films.

Source: THR