The major headline will be overseas, where ‘Guardians of the Galaxy Vol. 2’ is unfurling in numerous markets a week ahead of its North American launch; ‘Fate of the Furious’ will cross $1 billion globally on Friday or Saturday.
Be prepared for another quiet frame at the U.S. box office on the last weekend before the summer season kicks off May 5.
The biggest new offering that opens Friday is filmmaker James Ponsoldt’s The Circle, an indie thriller about the dangers of the high-tech age that stars Emma Watson, who is coming off her billion-dollar blockbuster Beauty and the Beast, and Tom Hanks. The film is projected to open in the $11 million-$12 million range from 3,163 theaters.
That won’t be enough to drive The Fate of the Furious off the road. The latest installment in Universal’s action franchise is tipped to earn $25 million or more domestically in its third weekend; globally, Fate of the Furious will zoom past the $1 billion mark sometime on Friday or Saturday.
While traffic might be slow at North America multiplexes, that won’t be the case overseas, where Disney and Marvel’s Guardians of the Galaxy Vol. 2 is rolling out in its first 37 territories a week before landing in the U.S. The quirky superhero sequel is projected to score $100 million or more in its offshore launch. Already, it is pacing well ahead of the first Guardians of the Galaxy.
The Circle, produced by Parkes MacDonald, cost $18 million to make before marketing and was fully financed by Image Nation Abu Dhabi. STX Entertainment is releasing the movie via its deal with EuropaCorp, which acquired the movie for $8 million.
Set in the not-too-distant future and based on the book by Dave Eggers, The Circle tells the story of a young woman who lands a dream job at a powerful tech company and becomes part of a nefarious experiment that pushes the boundaries of privacy, ethics and freedom. John Boyega, Karen Gillan, Ellar Coltrane, Patton Oswalt, Glenne Headly and Bill Paxton also star.
The weekend’s other two new offerings, How to Be a Latin Lover and sci-fi drama Sleight, are more targeted in their scope and will have a much smaller footprint in terms of theater count.
How to Be a Latin Lover, a comedy starring Eugenio Derbez opposite Salma Hayek, Rob Lowe, Kristen Bell, Raphael Alejandro, Raquel Welch and Rob Riggle, is projected to gross $5 million-$7 million from roughly 1,000 locations. The movie is from Pantelion Films, a joint venture backed by Lionsgate and Televisa. Derbez, whose film Instructions Not Included was a sleeper hit, boasts a devoted fanbase.
Sleight, from Blumhouse’s genre label BH Tilt, is tipped to earn under $2 million from 500 theaters. The film revolves around a young street magician who must use his wits and tricks to save his sister from kidnappers. Jacob Latimore, Dule Hill, Seychelle Gabriel and Storm Reid star.