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Box Office: Ford v Ferrari races to first place, Charlie's Angels collapses

  • Published at 08:57 pm November 18th, 2019
Christian Bale and Matt Damon headline as stars in 'Ford vs Ferrari'-Reuters
Christian Bale and Matt Damon headline as stars in 'Ford vs Ferrari' Reuters

Sony’s action comedy Charlie’s Angels sputtered out of the gate with an uninspiring $8.6 million

Ford v Ferrari left its box office competitors in the dust as Disney’s historical sports drama sped its way to $31 million in North America.

Directed by James Mangold and starring Christian Bale and Matt Damon, Ford v Ferrari debuted ahead of expectations, thanks to strong word-of-mouth from moviegoers. However, those ticket sales were not enough to offset disappointing starts from fellow high-profile newcomers, Charlie’s Angels and The Good Liar, pushing the domestic box office down over 6% from last year, according to Comscore.

Sony’s action comedy Charlie’s Angels sputtered out of the gate with an uninspiring $8.6 million, landing in third place behind Lionsgate’s war drama Midway ($8.75 million) and just ahead of Paramount’s family film Playing With Fire ($8.5 million). Meanwhile, Warner Bros’ thriller The Good Liar barely cracked the top 10, collecting just $5.6 million from 2,439 theateres.

Ford v Ferrari enticed a mostly older male crowd: Men accounted for 62% of ticket buyers, while nearly 80% were over the age of 25. Audiences awarded the film with a rare A+ CinemaScore, a sign that the racing drama should have a long life in theatres. Produced by Chernin Entertainment, the movie carries a $100 million price tag and will need a boost from international moviegoers to turn a profit. Ford v Ferrari launched with $21 million at the foreign box office this weekend, lifting its global tally to $52.4 million.

Ford v Ferrari tells the true story of the automotive team at Ford, led by designer Carroll Shelby (Damon) and his British driver Ken Miles (Bale), as they build a race car attempting to beat the legendary Ferrari in the prestigious Le Mans race.

No

Film Title

Studio

Earnings

1

Ford v Ferrari

Twentieth Century Fox

$31,037,000

2

Midway

Lionsgate

$8,750,000

3

Charlie's Angels

Sony Pictures Releasing

$8,600,000

4

Playing with Fire

Paramount Pictures

$8,550,000

5

Last Christmas

Universal Pictures

$6,700,000

6

Doctor Sleep

Warner Bros

$6,181,000

7

The Good Liar

Warner Bros

$5,656,000

8

Joker

Warner Bros

$5,635,000

9

Maleficent: Mistress of Evil

Walt Disney Studios Motion Pictures

$5,247,000

10

Harriet

Focus Features

$4,780,000


Charlie’s Angels arrived well behind domestic box office projections (the studio was anticipating a start closer to $13 million) and will now rely on overseas audiences to help recoup its $48 million production budget. Elizabeth Banks wrote and directed Charlie’s Angels — starring Kristen Stewart, Naomi Scott and Ella Balinska — the third big-screen adaptation of the classic action series. The newest chapter sees the Angels going global to halt the spread of a dangerous new technology that could threaten the world. Banks portrays one of the many Bosleys, while Sam Claflin, Patrick Stewart and Noah Centineo joined the cast.

The Good Liar bowed in eighth place, failing to be much of a draw among its core audience. Over 60% of moviegoers were above 50 years old, a demographic that doesn’t routinely turn up in force on opening weekend. But mediocre reviews, along with a B CinemaScore, does not bode well for its future in multiplexes. Directed by Bill Condon and starring Ian Mckellen as a con artist who targets a wealthy widow (Hellen Mirren), The Good Liar is the latest literary adaptation from Warner Bros that has not been able to fill seats in theatres. In recent weeks, The Goldfinch, Motherless Brooklyn and Doctor Sleep were all major misfires. Doctor Sleep suffered a massive 57% decline in its second weekend, pulling in $6.1 million for a domestic total of $25 million.

It is not all bad news on the Warner Bros lot. This weekend, Joker officially became the first R-rated movie in history to gross over $1 billion at the global box office. All the more impressive, it is only the third movie ever to reach that milestone without a release in China, one of the world’s biggest moviegoing markets.

At the specialty box office, A24’s Waves kicked off with $144,562 from four venues in New York and Los Angeles, equating to a strong $36,140 per location. Trey Edward Shults wrote and directed the acclaimed drama about a South Florida family coming together in the face of tragedy. The studio will continue to slowly roll out the film nationwide into the holiday season.