“Kung Fu Panda 4” Box-Office Hits High

Universal Pictures

Marking the first animated wide release since “Migration,” the fourth “Kung Fu Panda” film hit cinemas this weekend and soared to strong numbers.

The film pulled in $19.4 million across its opening day and preview screenings, the strongest opening day for the series since the 2008 original took $20 million.

That original landed on $60.2 million, and this will fall just shy of it, with estimates now around $55 million – the second-best opening of the franchise to date.

It’s also a cost-effective entry coming in at an $85 million production budget, just over half that of its predecessors. Critics reviews, however, are decidedly more mixed at 69% (6.1/10) on Rotten Tomatoes, a far cry from the previous three which all scored in the 80s.

Audiences have been more forgiving, awarding it an A- CinemaScore. Both critics and audiences were far less forgiving of Blumhouse’s “Imaginary” which opened in third place with an opening weekend of around $10 million.

Boasting an economical $12 million production budget, it’s going to be fine financially. The C+ CinemaScore and 31% Rotten Tomatoes however suggest it’s not going to have much life.

One film that is very much alive is “Dune: Part Two”, which earned $12.3 million on Friday and is on track for a $44 million second weekend haul – an impressive hold as it’s a drop of just 47%. By end of weekend it domestically should be at around $150 million.

With the lion’s share of premium large-format showtimes for almost two more weeks, the film is expected to have a strong run throughout the month.

“Sound of Freedom” distributors Angel Studios released “Cabrini” this weekend, a biopic about a Catholic missionary and Italian immigrant devoted to charity efforts in 19th-century New York. It’s headed for a decent $7-8 million opening and landed an impressive ‘A’ CinemaScore.

Source: Variety