‘Lightyear’ runs out of fuel as dinosaurs cling to box office (NYSE: DIS)


A dull Light year (NYSE: DIS) meant the movie couldn’t quite reach the top, falling behind still mighty dinosaurs like Jurassic World Dominion (NASDAQ: CMCSA) maintained their lead for a second consecutive week.

The jurassic world the sequel lost 59% of its opening weekend company, but still landed at $59 million in domestic gross. It was better than a relatively light Pixar opening, because Light year pulled in an estimated $50.6 million despite opening to over 4,000 screens.

It’s not shabby, but expectations were high for Pixar’s first theatrical release in two years. International tickets don’t add much to that total: another $33.6 million, to bring its worldwide total to $84.2 million so far.

Jurassic World Dominion, meanwhile, reached a domestic cumulative gross of $249.8 million, and it is even stronger internationally, leading to a worldwide cumulative gross of $622.2 million.

It turns out that the most important part of Top Gun: Maverick (NASDAQ: PARA) (NASDAQ: PARAA) may be the legs. Buoyed by public word of mouth and positive reviews, Tom Cruise’s film is down just 15% in revenue from last week, meaning its fourth week in theaters has wrapped up by an additional $44 million.

That means it extends its lead as the best movie of 2022, hitting $466.2 million in cumulative domestic gross and $887.6 million worldwide.

Rounding out the weekend’s top five are a pair of Disney (DIS) films: Doctor Strange in the Multiverse of Madness was fourth best with $4.4 million, and Bob’s Burgers movie information landed fifth with $1.2 million. However, these “older” films are increasingly being taken over by space, with the first three films appearing on over 4,000 screens each.

Movie tickers: AMC Entertainment (AMC); Cineworld (OTCPK: CNNWF); Cinemark (CNK); (IMAX); Marcus (MCS); Reading International (RDI); Cineplex (OTCPK:CPXGF); National Cine Media (NCMI).

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