October 28, 2016
        Ten Contenders will compete for Best Documentary Short Subject                "The Circle" and "The Lost City of Z": Which potential 2016 contenders got bumped to 2017?                Natalie Portman, Janelle Monáe, Matthew McConaughey, Bryce Dallas Howard, Edgar Ramirez, Stacy Keach at Hollywood Film Awards                Viola Davis will be campaigned in Best Supporting Actress for "Fences"                Mel Gibson to be Honored with the Hollywood Director Award at the 20th Annual Hollywood Film Awards                Michael Moore drops a surprise new film with "Michael Moore in TrumpLand"                Hollywood Contenders: New Oscar Predictions for October                Nicole Kidman, Hugh Grant, Naomie Harris, Lily Collins get Honors at 20th Annual Hollywood Film Awards                "Manchester by the Sea" leads the Gotham Award nominations                Tom Ford, Marc Platt and Kenneth Lonergan to be Honored at 20th Annual Hollywood Film Awards                Tom Cruise is in his action hero comfort zone with "Jack Reacher: Never Go Back"                "Moonlight" could be A24's big Oscar horse this year                Ewan McGregor steps behind the camera with "American Pastoral"                Hollywood Contenders: A second crack at Golden Globe predictions for 2016                "The Accountant" seeks to help give Ben Affleck another blockbuster        

“Footloose” will apparently gross $20 million for the weekend

HollywoodNews.com: At 3:28pm yesterday, The Hollywood Reporter sent out links to an article regarding early box office estimates based purely on afternoon matinees on the East Coast. In it, they claimed that Paramount’s Footloose remake was on track to gross $20 million for the weekend, which was considered a solid win as tracking had put the film at between $15 million and $18 million going into Friday.

Yet by midnight, the numbers had been revised, both by The Hollywood Reporter and Deadline Hollywood. Now the number is at around $5.57 million for Friday, which means that the 80s remake looks to gross around $16-17 million (of course, official Friday estimates will be out in a couple hours…). So, as expected, Nikki Finke is screaming about how the number is ‘disappointing’, with yet another seemingly-invented quote from a studio executive about how the industry is ‘DOOMED!’. Yes, some of this is just Finke being Finke where every weekend is a failure and every movie is terrible. But we have a situation where a film was ‘doing better than expected’ in the late afternoon, yet was a disappointment despite opening right in line with tracking because the earliest-of-early estimates were a bit over-inflated.

Yes yes, I know I spent the summer guessing the weekend box office grosses for major summer films based on midnight grosses, so perhaps I may be a hypocrite. BUT, I didn’t run around screaming ‘bomb!’ because a film’s opening weekend didn’t open right in line with my purely-for-fun midnight math. As it is, I’d argue it’s good news that an 80s remake that no one wanted and a prequel to an 80s horror film (which is in itself a remake of a 50s horror film) that no one didn’t explode at the box office (The Thing looks to do around $10 million, give or take). Maybe the world wants more than remakes and revamps of the movies they grew up with…

Photo by Paramount Pictures

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About Scott Mendelson

Mendelson's Memos: The basics - 30 years old, married with one child, currently residing in Woodland Hills, CA. I am simply a longtime film critic and pundit of sorts, especially in the realm of box office. The main content will be film reviews, trailer reviews, essays, and box office analysis and comparison. I also syndicate myself at The Huffington Post and Open Salon. I will update as often as my schedule allows. Yes, I'm on Facebook/Twitter/LinkIn, so feel free to find me there. All comments are appreciated, just be civil and try to keep a level discourse, as I will make every effort to do the same. Read more at Mendelson's Memos:

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