Harry
Potter and the Goblet of Fire - Box Office
Analysis
11-12-05
By: Sarkis
Pogosjans
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Everything is about
to change at the box-office. Finally, a film will
arrive that is destined to open over 90 million,
the first since Star Wars Episode III: Revenge
of the Sith, which opened to a spectacular 108
million.
Another 18 months, another director and another
growth sprout for Harry Potter. The fourth film,
directed by Mike Newell, is titled ‘Harry
Potter and the Goblet of Fire’, Mike Newell
is known primarily for his romantic comedy ‘Four
Weddings and a Funeral’. Since Prisoner
of Azkaban (widely considered the best of the
first three films), brought a different, darker,
more sinister tone to the franchise, many were
wondering if Newell would keep it. Based on the
trailers it seems the dark tone is here to stay.
But will it affect its gross? I don’t think
so. Many believed that Revenge of the Sith would
suffer due to its dark tone but it did the opposite.
Sith was a huge hit, making $380 million domestically.
OPENING
WEEKEND
Harry Potter is back to November, where I think
it should’ve stay for the entire series
(Azkaban is the sole summer Potter release). The
first two have done quite well in November because
of Holidays and winter break. The last three films
have opened to enormous numbers. Here are the
top ten opening weekends of all-time

Amazingly, all three
of the Potter flicks managed a top ten opening
in the all-time charts. The third managed the
highest of the three at 93.7 million (4th overall
), note when released (June 2004) had 3rd highest
after Spiderman and Shrek 2(opening 2 weeks prior).
The first has the second highest opening weekend
of the three at 90.3 million (6th overall), when
Stone was released in 2001; it was the top opener
of all-time. All of the films have opened through
88-94 million. So expect Goblet of Fire to open
similarly.
Even
if Azkaban was the highest opener in dollars;
it was actually the lowest in ticket sales. Azkaban
sold roughly 15.1 million tickets opening weekend,
a decrease of a little under 1% from Chamber of
Secrets (?15.2million). Sorcerer’s Stone
sold about 15.95 million 6% higher than Azkaban’s.
For Goblet of Fire to surpass Sorcerer’s
Stone, it needs roughly 103 million dollars during
its 3-day opening weekend. As much as I would
love for that to occur, I think it’s out
of reach.
Instead Goblet of Fire will do about the same
as Azkaban during its opening weekend. To accomplish
that, it needs to make about 96-97 million during
its opening weekend. Due to the month, which is
very kid friendly, see the chart below. That target
is quite reachable.

MARKETING
The marketing for the Potter films is always top
notch, and this one is no exception, though personally
I thought the international trailers were better.
Overall: Positive
COMPETITION
The competition is there, both Zathura and Chicken
Little are heavy marketed to children. I’m
not worried because this is Harry Potter; it was
able to pull off a 93 million dollar weekend on
the heels of Shrek 2.
Overall: Not
a problem
MY PREDICTIONS
I insanely over predicted Azkaban (120m) and
I’m not going to make the same mistake here
HIGHEST
EXTREME
Chances of happening: NOT TOO GOOD 0-20%
Opening Weekend- 104-110m
Total: 275-310m
Multiplier: 2.55-2.8
Explanation: With such a high opening, do not
expect legs that are too good.
MIDDLE
Chances of Happening: Great 80-95%
Opening weekend: 94-97m
Total: 250-270m
Multiplier: 2.7-2.9
Explanation: This is the safest bet because it
will most likely be in the same range as the third’s
opening weekend and between or around the last
twos totals.
LOWEST EXTREME
Chances of Happening: NOT TOO GOOD 0-10%
Opening Weekend: 85-90m
Total: 220-240m
Multiplier: 2.75-3.00
Analysis: Not going to happen, the series has
stabled off, it will not fall that much again.
There is always a chance but I doubt it.
PERSONAL
PREDICTIONS
| Theatre
Count |
4,050
|
| PTA |
$ 23,850
|
| Opening
Weekend |
$96,000,000
|
| Friday |
$35,300,000
|
| Saturday |
$35,700,000
|
| Sunday |
$25,000,000
|
| Monday
|
6,250,000
|
| Tuesday |
6,925,000
|
| Wednesday |
10,456,750
|
| Thursday |
9,724,778
|
| Weekdays |
33,356,528
|
| Week 1 |
129,356,528
|
| Friday |
18,185,334
|
| Saturday |
16,548,654
|
| Sunday |
10,425,652
|
| Weekend
2 |
45,159,640
|
| 10-day
TOTAL |
174,516,167
|
After that I expect about 75-100 million more
to finish with a total of 250-270m. With a similar
PTA as the first three a 96 million dollar weekend
is highly possible. The Friday number shouldn’t
be too high since it is November. The Saturday
increase should be very small with a 30% dip on
Sunday. The weekdays and weekend 2 are similar
to HP1 as they were both released the same time.
With a fantastic opening and solid total, Harry
Potter and the Goblet of Fire is a much-needed
break from months of low-performing films.
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