Monday, July 02, 2012

Update On SPIDER-MAN And ICE AGE 4 Opening Overseas And An Impressive Run For MIB3

It always kind of bothered me that so many websites take the domestic tally at the box office as the primary measurement of success for a movie. Clearly that's wrong and yet so many still only cite domestic take as if it was the only one. Heck Canada is a foreign country and yet is thrown in with the domestic take.

That should soon fade away I hope as the international box office plays a larger and larger role. The studios have finally recognized it and have begun releasing their tentpoles in foreign countries weeks if not months prior to North American venues.

Take ICE AGE: CONTINENTAL DRIFT which took in am impressive $78m and first place in ALL of its markets. Fox's marketing overseas has been done very well yet again, like with the "Sid Shuffle" being shot all over the world.

Or how about THE AMAZING SPIDER-MAN which opened with $50.2 - it is doing better than THE AVENGERS in South Korea (which also opened overseas first). SPIDER-MAN also had the highest ever Hollywood launch in India ($6m) thanks to the appearance of Irrfan Khan, a Bollywood star.

Want more proof? How about MEN IN BLACK 3. It has grossed a HUGE $429.8m overseas and what did it do domestically so far? $169.6m. Clearly the foreign market is MORE important than domestic for some movies. MIB3 is now the highest grossing of its franchise.

We'll continue to watch these tentpoles as they open in more markets, including North America. SPIDER-MAN opens tomorrow here (midnight screenings tonight - free posters!) and ICE AGE 4 on July 13.

Stat source: Box Office Mojo

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Jim Dorey
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