King Kong was less of a box-office brute than
Hollywood expected

Actress Naomi Watts
from the film "King Kong" at the MTV Times Square Studios, Dec. 5,
2005, New York.
King Kong was less of a box-office brute than
Hollywood expected, taking in $50.15 million in its first weekend, a
sturdy start but unremarkable by Hollywood blockbuster standards.
Universal Pictures' action spectacle about a giant ape took over the
top box-office spot from Disney's The Chronicles of Narnia: The
Lion, the Witch and the Wardrobe, which slipped to second place with
$31.2 million and lifted its 10-day total to $112.5 million,
according to studio estimates released Sunday. Premiering at No. 3
with $12.7 million was 20th Century Fox's ensemble comic drama The
Family Stone, featuring Sarah Jessica Parker, Diane Keaton, Luke
Wilson and Claire Danes in a tale of an uptight businesswoman
meeting her fiancé's relations during a holiday visit. The
cowboys-in-love drama Brokeback Mountain, which led the Golden
Globes with seven nominations, broke into the top 10 with $2.4
million playing in just 69 theatres, compared to 3,568 for King
Kong. Hollywood analysts generally expected King Kong to have a
debut weekend at least in the $60 million range. Though it came in
lower than expected, King Kong led Hollywood to a solid weekend,
with the top 12 movies grossing $121.2 million, up 22 per cent from
the same weekend last year. That was good news heading into the
holidays, when studios are counting on a strong finish to help snap
a prolonged slump in which movie attendance has fallen seven per
cent compared with last year. Peter Jackson's remake of King Kong
did out-gross the opening weekend of his The Lord of the Rings: The
Fellowship of the Ring, the first of his J.R.R. Tolkien fantasy
trilogy that debuted with $47.2 million. But factoring in a 12 per
cent rise in admission prices since that 2001 film's release, King
Kong sold about 7.9 million tickets, 450,000 fewer than Fellowship
of the Ring. And King Kong did not measure up to the first five days
of Fellowship of the Ring, which debuted on a Wednesday and had
grossed $75.1 million domestically by Sunday. Also opening
Wednesday, King Kong got to $66.2 million in its first five days.
Still, distributor Universal was high on the long-term prospects for
the film, which received rave reviews both as a visual-effects
spectacle and as a drama about a majestic ape that falls for a woman
(Naomi Watts). Along with its domestic haul, King Kong took in $80
million overseas in its first five days.
The studio hopes King Kong follows the long-term
pattern of another three-hour epic, Titanic, which opened with a
modest $28.6 million weekend then sailed on to become the modern
box-office champ with $600 million domestically. "The expectation or
the guessing or hypothesizing of what it was going to do is based on
a lot of misunderstanding and ignorance over how a three-hour movie
plays that doesn't come with legions of fans," said Marc Shmuger,
vice-chairman of Universal Pictures, who brushed aside suggestions
that King Kong had not lived up to expectations. "This is not
Tolkien. This is not the Harry Potter fan base." Grosses for King
Kong jumped 40 per cent from Friday to Saturday, a huge increase for
a non-family film and a sign that good word-of-mouth was pulling in
audiences, said Paul Dergarabedian, president of box-office tracker
Exhibitor Relations. "A movie like King Kong just automatically
creates an expectation that it will break all kinds of box-office
records," Dergarabedian said. "But much like Titanic, which started
very slow, sometimes it's not always about opening weekends.
Sometimes, it's how the film plays in the long run." Estimated
ticket sales for Friday through Sunday at U.S. and Canadian
theatres, according to Exhibitor Relations Co. Inc. Final figures
will be released Monday.
1. King Kong, $50.15 million.
2. The Chronicles of Narnia: The Lion, the Witch and the
Wardrobe, $31.2 million.
3. The Family Stone, $12.7 million.
4. Harry Potter and the Goblet of Fire, $5.9 million.
5. Syriana, $5.5 million.
6. Walk the Line, $3.6 million.
7. Yours, Mine & Ours, $3.4 million.
8. Brokeback Mountain, $2.4 million.
9. Just Friends, $1.95 million.
10. Aeon Flux, $1.7 million. -By D. German