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BoxOffice® Pro - November 2012

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BY THE NUMBERS > <strong>2012</strong> HOLIDAY PREDICTIONS<br />

THE HOBBIT:<br />

AN UNEXPECTED JOURNEY<br />

WE PREDICT!<br />

OPENING WEEKEND $115M<br />

DOMESTIC GROSS $430M<br />

Distributor Warner Bros.<br />

Cast Andy Serkis, Ian McKellen, Martin Freeman, Cate<br />

Blanchett, Orlando Bloom<br />

Director Peter Jackson<br />

Release date December 14<br />

This “prequel” to The Lord of the Rings is finally making<br />

its way to theaters under the stewardship of director Peter<br />

Jackson. Safe box office bets don’t get any safer than<br />

this: the beloved Rings trilogy became a phenomenon by<br />

satiating the hopes of Tolkien fans, attracting mainstream<br />

viewers and critical applause and making Oscar history.<br />

Cast favorites are back to ensure The Hobbit builds upon<br />

the success of its predecessors. The book is a generational<br />

favorite, so moviegoers of all ages will turn out. But it is<br />

this story’s lighter tone that could make it an even more<br />

family-driven event than the Rings series. With the boost<br />

from 3D (which could end up a very attractive option for<br />

this film), the sky is the limit for where The Hobbit will end<br />

up.<br />

MONSTERS, INC.<br />

3D<br />

WE PREDICT!<br />

OPENING WEEKEND $8M<br />

DOMESTIC GROSS $35M<br />

Distributor Pixar/Disney<br />

Cast John Goodman, Billy Crystal, Steve Buscemi, John<br />

Ratzenberger<br />

Director Pete Docter, David Silverman, Lee Unkrich<br />

Release date December 19<br />

Besides last fall’s The Lion King, 3D re-releases haven’t<br />

generally become huge hits. Pixar itself has seen modest<br />

box office returns from its reruns, so we’re hesitant<br />

to expect anything much different here. In Monsters’<br />

favor, however, is the fact that this releases just in time<br />

for Christmas—a strategy no recent re-release has attempted<br />

to capture. The addition pressure for Pixar is<br />

that with Monsters University opening next summer, the<br />

studio needs to hook a new generation on this decadeold<br />

film. The biggest gamble of all is that Monsters<br />

must contend with The Hobbit for those family audiences,<br />

but as these two are the only kid-friendly releases in<br />

December, there could be just enough room for both to<br />

coexist. Still, we’re hesitant.<br />

58 BOXOFFICE PRO NOVEMBER <strong>2012</strong>

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