BOX OFFICE: “Dragon” Flies High, “Materialists” cash in, “Stitch” clears the $800 million mark

Kids’ entertainment has been king of the box office this summer, as animated franchises turned into CGI assisted “live action” remakes have become the latest “sure thing” in that corner of the marketplace.

First it was cell-animated fare of the “Little Mermaid/Lion King” school that made the most money, then Pixar led everybody down the CGI animated primrose path. Three-D versions of such films had their time in the sun.

This summer, animated movies that produced sequels and/or TV series and seemed played-out have followed live action “Beauty and the Beast” and “Lion King” adaptations into the record books.

The live action remake of “How to Train Your Dragon” is the latest world-beater, opening at a “franchise best” $82 million, Deadline.com projects. As Deadline historically underestimates the Sat/Sunday draw for family entertainment, that puts $85-90 million on the table, certainly within reach.

The fourth best opening weekend of the year means it’s unlikely to ever reach the heights “Lilo & Stitch” has. That film cleared the $350 million mark in North America on Thursday ($800 million worldwide), while “Dragon” was earning $8.6 million on its opening night ($11.1 million if you count Wednesday “special access” previews at AMC theaters, etc.).

Will “Stitch” catch the world-beating “Minecraft” live action/CGI “Minecraft Movie?” Maybe. “Lilo & Stitch” is on track for a $14-15 million weekend, finally surrendering first place, but still marching ever onward towards the $1 billion mark. “Minecraft” has wound down its run having earned a whopping $951 million.

In third place is Celine Song’s anti-rom-com “Materialists,” which is on track to clear $12 million on its debut. Casting Dakota Johnson, Chris Evans and hot-ticket Pedro Pascal pays dividends as that one over-achieves on its opening weekend. Decent reviews boost this cynical take on modern its-money-that-matters romance. It’s not as emotional as Song’s “Past Lives,” I thought. A tad melodramatic. But good counter programming to much that’s out there.

The “John Wick” spinoff “Ballerina” is falling right off a cliff on its second weekend. It might clear $8 million and come in fourth, and if it makes any less it will drop behind “Mission: Impossible: The Final Reckoning,” which is also on track to earn $9 million on its fouth weekend of release.

That’s a 65% or so fall-off for “Ballerina” on its second weekend.

Both films are underperforming expectations, with Tom Cruise’s repetitive send-off to that series straining to stick around long enough to hit the $200 million mark, domestically. Adding $8 million this weekend will put it over $165 million by midnight Sunday, so that seems a long shot. “From the World of John Wick: Ballerina,” will be lucky to reach $75 million in North America (just clearing $40, and fading fast).

Those two pricey franchises are a tad gassed, to be honest. But if you thought “No Jay Baruchel, no Craig Ferguson, no ‘How to Train Your Dragon,'” you were mistaken.

“Karate Kid: Legends” and “Final Destination: Bloodlines” fall out of the top five, but not the top ten this weekend.

I’ll update these figures as Sunday numbers come in.

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About Roger Moore

Movie Critic, formerly with McClatchy-Tribune News Service, Orlando Sentinel, published in Spin Magazine, The World and now published here, Orlando Magazine, Autoweek Magazine
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