Weekend Box Office: 'Ride Along' No. 1, on Pace for $40 Million

'Ride Along' & 'Lone Survivor' are on pace to win this weekend...so what happened to 'Jack Ryan: Shadow Recruit?'

Jan 18, 2014 at 2:14PM

Comcast, Viacom, Disney and News Corp are battling for the box office

Ride Along won the Friday Box Office with $13 million, Image source: Comcast Universal

Move over, Jack Ryan, because the local police just took your place at the top -- that is, if Friday's box office numbers are any indication.

Comcast (NASDAQ:CMCSA) Universal's new buddy comedy Ride Along easily trounced its big-screen competition last night, earning an impressive $14.5 million.

But it shouldn't be all that surprising. The last time comedian Kevin Hart and Director Tim Story teamed up was for 2012's Think Like a Man, it easily won its respective Friday debut in 2012 with $12.1 million. If we assume a similar Friday weekend multiple this time, it should put Ride Along on pace to gather around $40 million this weekend -- not too shabby considering analysts have pegged Comcast's production budget for the film at around $25 million. 

What's more, Ride Along is the only new film this weekend to earn an "A" CinemaScore from polled audiences, which means it should also benefit from positive word of mouth.

But speaking of movies people love, Comcast also secured second place with its "A+" holdover in Lone Survivor, which earned an estimated $6.7 million last night and remains on pace for a solid $26 million second-weekend haul.

Here's how everyone else fared

And that finally brings us to Viacom (NASDAQ:VIA) Paramount's Jack Ryan: Shadow Recruit, which earned third place with $5.4 million yesterday -- or just over half the $10 million Friday debut enjoyed by Jack Ryan's last film in 2002, The Sum of All Fears. When all's said and done this weekend, Viacom's $60 million effort will likely gross around $17 million.

So why did Shadow Recruit disappoint? Despite Viacom's broader target PG-13 audience, I think the main culprit lies with significant overlap in interested viewers who would rather watch Comcast's R-rated Lone Survivor.

Next, Open Road Films' first jab at 3-D animation arrived this weekend with The Nut Job, which currently sits in fourth place at a modest $4.8 million en route to a likely $15 million weekend launch -- not an overwhelming debut, but reasonable when we consider Open Road's mid-range $42 million budget. 

By comparison, Disney's (NYSE:DIS) remarkably strong, award-winning blockbuster Frozen grabbed another $2.5 million in its eighth Friday, or down just 18% over the same day last week. However, keeping in mind Frozen enjoyed a massive late-weekend push following a light start seven day's ago, Disney's film could potentially total around $12 million come Monday.

Finally, News Corp's (NASDAQ:NWS) 20th Century Fox horrified captive audiences Friday, earning just $3.5 million with Devil's Due. Movie-goers weren't pleased, however, giving it a dismal "D+" CinemaScore. Even so, News Corp shouldn't be too concerned. The film only required a tiny $7 million budget, which all but ensures it'll prove a financial success for the studio over the long run.

I'll be sure to touch base Monday to see how the final numbers pan out. All things considered, though, it looks like the competition has plenty of catching up to do if it wants to steal Ride Along's thunder. In the meantime, just sit back and enjoy the show.

Here's how you can profit

You know these companies are making millions, but how would you like to make money from them, too?

If you want to figure out how to profit on business analysis like this, the key is to learn how to turn business insights into portfolio gold by taking your first steps as an investor. Those who wait on the sidelines are missing out on huge gains and putting their financial futures in jeopardy. In our brand-new special report, "Your Essential Guide to Start Investing Today," The Motley Fool's personal finance experts show you what you need to get started, and even gives you access to some stocks to buy first. Click here to get your copy today -- it's absolutely free.

Fool contributor Steve Symington has no position in any stocks mentioned. The Motley Fool recommends Walt Disney. The Motley Fool owns shares of Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at www.fool.com/podcasts.

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to www.fool.com/podcasts, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.

 


Compare Brokers