Despicable Me 3 Comes Out On Top, Baby Driver Exceeds Expectations, Transformers Falls Hard

– by Joseph Medina

This weekend saw the release of three new films: Despicable Me 3, Edgar Wright’s Baby Driver, and The House, starring Will Ferrell and Amy Poehler. Additionally, it saw Sofia Coppola’s The Beguiled expand to 670 theaters.

Taking the number one slot domestically is Despicable Me 3. This threequel started out strong with $75 million — much higher than the original, though about $8 million short of its predecessor. However, given the relatively modest budget of this film of $80 million (not to mention its worldwide grosses), this is more than passable. With the foreign markets, it’s managed to take around $180 million (if we split the differences between the comScore numbers and the Box Office Mojo numbers), making this one really close to breaking even, and guaranteeing its overall success. Interestingly enough, while the film has been much better received by critics than Minions, it looks like it’s not going to go anywhere near the $1.1 billion that flick made (Minions started out its run with a $115 million weekend). This just goes to show how strong of a brand those little yellow devils really are.

In a distant second place this weekend is Baby Driver, from acclaimed filmmaker Edgar Wright. This getaway driver flick managed a solid $21 million domestically. While this seems modest, this is Wright’s best performing opening to date, far surpassing Shaun of the Dead’s $3.3 million, Hot Fuzz’s $5.8 million, Scott Pilgrim vs. the World’s $10.6 million, and The World’s End’s $8.8 million. Not a bad figure given that it's an original flick. Given Baby Driver’s modest $34 million budget, as well as the incredibly positive reviews (It only has 5 rotten reviews out of 196 so far — 97 percent), there’s a chance this one may have a long tail at the box office. Additionally, with the five-day estimates from Box Office Mojo, as well as the foreign markets, it’s already passed its budget. Will it be able to perform well enough in the long run to account for its marketing costs? We think so.

In third place this weekend is Transformers: The Last Knight. Its first weekend was already a disappointing fall from grace for the franchise, but this weekend saw a 62 percent drop at the box office, with an estimated $17 million. The movie still looks to be a profitable venture for Paramount, but there’s a chance this may be the lowest grossing film of the franchise. We’ll have to wait and see, but it certainly seems to imply a declining interest in this tired franchise.

We usually don’t dig into fourth place, but Wonder Woman is still holding strong. It only dropped 35 percent from last weekend, and managed to take in $15.6 million. Odds are good that starting next weekend, it will be bringing in more than Transformers on a weekend-by-weekend basis, which came out more than two weeks after Wonder Woman. The film has also broken $700 million worldwide. It’s surpassed Man of Steel’s total cume, and is well on its way to passing Suicide Squad’s $745 million haul. Does it have the ability to pass up Batman v Superman’s worldwide total of $873 million? Odds are stacked against it, but we’ve seen crazier things.

The top 10 domestic weekend box office estimates, listed in descending order, per data collected as of Sunday, July 02, are below.

  1. Despicable Me 3 - Universal - $75.4M
  2. Baby Driver - Sony - $21.0M
  3. Transformers: The Last Knight - Paramount - $17.0M
  4. Wonder Woman - Warner Bros. - $15.6M
  5. Cars 3 - Disney - $9.5M
  6. House, The - Warner Bros. - $9.0M
  7. 47 Meters Down - Entertainment Studios Motion Pictures - $4.7M
  8. Beguiled, The - Focus Features - $3.3M
  9. Mummy, The - Universal - $2.8M
  10. Pirates of the Caribbean: Dead Men Tell No Tales - Disney - $2.4M

The top 10 worldwide weekend box office estimates, listed in descending order, per data collected as of Sunday, July 02, are below.

  1. Despicable Me 3 - Universal - $171.0M
  2. Transformers: The Last Knight - Paramount Pictures - $85.0M
  3. Wonder Woman - Warner Bros. - $29.2M
  4. Baby Driver - Sony - $27.8M
  5. Pirates of the Caribbean: Dead Men Tell No Tales - Disney - $18.7M
  6. Cars 3 - Disney - $14.5M
  7. Reset (Dir. hang) - WGUI - $13.7M
  8. Mummy, The - Universal - $13.1M
  9. House, The - Warner Bros. - $11.7M
  10. Baywatch - Paramount - $7.9M

What do you think of this week’s box office numbers? Let us know in the comments down below!

Don't forget to share this post on your Facebook wall and with your Twitter followers! Just hit the buttons on the top of this page.

SOURCES: comScore, Box Office Mojo

Box Office, Film, News Wonder Woman, Despicable Me 3, Transformers: The Last Knight, Baby Driver