

Box Office Weekend Forecast: PRACTICAL MAGIC 2 ($31M+) to Kick Off Fall-oween Season; Sunday’s the Likely Target for SPIDER-MAN to Surpass STAR WARS #1 All-Time and ODYSSEY to Cross $600M Milestone
boxofficetheory.substack.comCan ‘Practical Magic 2′ Wave a Wand and Save Warner Bros.’ Rough Year at the Box Office?
“The good news too is that “Practical Magic 2” is tracking strongly, with the studio projecting for an opening weekend between $30 to $35 million, as well as an international take of between $18 to $23 million, with some projections even going as high as $40 million domestic. If it gets to $40 million, that would be Warner’s best opening of the year, just ahead of “Mortal Kombat II” and “Supergirl.” It’s positioned to be the sort of popcorn movie that can do well in the early fall before awards season truly gets going. Plus, shot for $75 million, it’s a relatively economical investment for Warner Bros., which shelled out more than $185 million for “Supergirl.”
TheFlatLannister on BOT: Practical Magic 2 pace has not been great after T-2 update. At MTC3, it is losing ground against Prada 2 fast.
Cont. Was 54% behind Prada over the entire weekend a few days ago. Now it is 59% behind Prada's 2 weekend ($5M Previews // $31M OW)
Comp with Masters of the Universe looks more like $6M//$45M OW
Pre-walkups looks like ~$5.5M previews
For the first time in 25 years, WB is entering SEP with ZERO films reaching $100M yet at domestic #boxoffice. (Not counting pandemic 2020)
‘Practical Magic 2’ Tracking $45M+ Opening, the Latest Sign of Hollywood’s ’90s/‘00s Nostalgia Boom
The appetite for nostalgia-driven fares continues with Practical Magic 2 expected to be a breakout hit for WB.
Presales are currently pointing to a $40M+ domestic opening weekend for Practical Magic 2, potentially making it Warner Bros.’ biggest opening weekend of the year so far
TheFlatLannister on Practical Magic 2: Practical Magic 2 could be a breakout.
Cont: At MTC3 volume is very good at T-15, it looks like a **~$6M previews , $45M+**comp with medium sized releases. It does have a lower ATP than films like Wuthering Heights/Prada/Mortal Kombat at TC3. At MTC2 presales look even higher, nearly double that of MTC3.
Comp against something bigger like Prada 2 is more ~$30MOW at MTC3. Same with Prada 2 at MTC2, looks more like ~$30M OW as well (0.37x of Prada 2 pre and friday)
Range OW: $30M-$45M+