Company Town

The business behind the show

« Previous Post | Company Town Home | Next Post »

'Paranormal Activity' outdoes estimate by 12%

October 12, 2009 |  3:33 pm

Paranormal2
Sunday was a scarier day at the box office than we thought. 

"Paranormal Activity" was already set to break records this weekend based on Paramount's ticket sales estimate yesterday morning. But the low-budget horror film blew past that estimate with much stronger than expected returns on Sunday: $2.4 million instead of the expected $1.6 million. That's a difference of about 50%.

The movie ended up collecting $7.9 million over the weekend, substantially more than the $7.066 million that Paramount predicted on Monday. While studio estimates are sometimes off by a few percentage points, it's rare that they under- or overestimate by more than 10%, as happened with "Paranormal Activity."

Studios base Sunday morning estimates on similar films that collected a similar amount of money on Friday and Saturday. When movies significantly outperform their estimates, it's usually a sign that word of mouth is tremendously strong, driving better-than-expected Sunday attendance.

Average ticket sales per theater for "Paranormal Activity" were $49,379, the highest ever for a movie playing at more than 100 locations.

The movie, which cost $15,000 to produce and on which Paramount has spent around $2 million for marketing so far, has already grossed a total of $9.1 million domestically. 

Actual ticket sales for the weekend's No. 1 movie, "Couples Retreat," came in at $34.3 million. That's $1 million, or 3%, less than Universal's Sunday estimate.

--Ben Fritz

Photo: Katie Featherston and Micah Sloat in "Paranormal Activity." Credit: Paramount Pictures


Post a comment
If you are under 13 years of age you may read this message board, but you may not participate.
Here are the full legal terms you agree to by using this comment form.

Comments are moderated, and will not appear until they've been approved.

If you have a TypeKey or TypePad account, please Sign In





Comments

I hope Couples Retreat looses its ass. I'm so sick of this banal commercial crap.



Advertisement




Categories


Archives