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Oz Is Indeed Great And Powerful At The Box Office

Oz The Great And Powerful - Rachel Weisz Advance Theatrical Poster - Courtesy of Walt Disney PicturesAs expected, Walt Disney’s Oz The Great and Powerful ruled the weekend box office both domestically and internationally. Weekend estimates have the Sam Raimi directed fantasy film pulling in over $80 million domestically over the weekend. Additionally, initial estimates have the prequel to The Wizard of Oz grossing nearly an additional $70 million internationally over the same time frame. With over $150 million in box office receipts in its opening weekend, talk has already begun for a sequel that would possibly bring back James FrancoMila Kunis, Michelle Williams, and Rachel Weisz for a follow up. With a budget of approximately $215 million, the film looks likely to turn a profit for the “Mouse House”.

Last week’s number one film, Jack the Giant Slayer, took a huge drop in box office receipts, dropping to second place. Unable to fend off the giant that is Oz, the Bryan Singer directed fantasy film saw a drop off of over 63% from last week’s soft opening. Grossing just over $10 million in its second week of release and with a budget that is reportedly in excess of $200 million, Jack seems unlikely to earn back its budget on domestic receipts alone.

Continuing to exceed everyone’s expectations in its fifth week of release, Identity Thief continued to show that it still has legsThe comedy, starring Jason Bateman and Melissa McCarthy, finished in third place with over $6.3 million. Last weekend, the film became the first film in 2013 to cross the $100 million threshold. Talks of a sequel have already begun at Universal.

Another new release this week, the action drama Dead Man Down with Colin Farrell and Noomi Rapace, finished in fourth with an extremely disappointing $5.3 million in weekend receipts. The film seems to have failed to draw in the adult audience who appeared to have favored the more family friendly films this week.

Finishing in fifth place for the second straight week was Snitchstarring Dwayne “The Rock” Johnson. The action drama brought in over $5.1 million at the box office and held off the comedy 21 and Over for the fifth place spot. In its third week of release, the film has a cumulative box office total of nearly $32 million domestically. Johnson has another action film, G.I. Joe: Retaliation, opening later in the month that hopes to take down Oz. 

Next week, a series of non-family films opens up, hoping to take down Disney’s mighty wizard. The Incredible Burt Wonderstone with Steve Carell and Jim Carrey, The Call with Halle Berry and Abigail Breslin, Spring Breakers with Selena Gomez and James Franco, and the independent science fiction film Upside Down all open up in theaters. All films will open in theaters across the country on Friday.

Source: BoxOfficeMojo.com

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