Box Office: 'Miss Peregrine' Tops With $28.5 Million, 'Deepwater Horizon,' 'Masterminds' Bomb

The Tim Burton film still has a long way to go to recoup it's $110 million budget. The disaster film 'Deepwater Horizon' came second, despite positive reviews.

Jay Maidment/20th Century Fox via AP
In this image released by 20th Century Fox, from left, Lauren McCrostie, Pixie Davies, Cameron King, Thomas and Joseph Odwell and Ella Purnell appear in a scene from, "Miss Peregrine’s Home for Peculiar Children". In a crowded autumn weekend at the box office, “Miss Peregrine’s Home for Peculiar Children” came out on top.

Tim Burton's "Miss Peregrine's Home for Peculiar Children" topped a feeble crop of new releases to pick up first place at the weekend box office, opening to $28.5 million.

That's a mediocre start given the fantasy film's $110 million budget. It means that the adaptation of Ransom Riggs' best-selling young adult novel will have to do well overseas if it wants to make money and inspire a sequel. Burton is responsible for blockbusters such as "Batman" and "Planet of the Apes," but his commercial touch has been spotty of late. He hasn't had a major hit since 2010's "Alice in Wonderland," with audiences rejecting the likes of "Dark Shadows," "Frankenweenie," and "Big Eyes."

"Miss Peregrine's" is in a better position than "Deepwater Horizon," after the expensive adventure drama from the "Lone Star" team of Mark Wahlberg and Peter Berg collapsed with a $20.6 million opening. The look at the men and women who were forced to grapple with one of the worst oil spills in history cost roughly $120 million to produce after incentives are taken into account.

Critics liked the film, handing it an 82% "fresh" rating on Rotten Tomatoes. However, the strong reviews didn't translate into ticket sales. Lionsgate, the studio behind the film, has had a rough period at the box office. It is struggling to find a replacement for "The Hunger Games," the hugely successful young adult series that concluded last year, and has seen the likes of "Gods of Egypt," "Blair Witch," and "The Divergent Series: Allegiant," falter at the multiplexes. At the same time, the company's share price has dropped more than 50% since last fall. Lionsgate's movie arm hopes to regain its stride with the upcoming release of "La La Land," an acclaimed musical with Ryan Gosling and Emma Stone, and "Hacksaw Ridge," a war drama from Mel Gibson.

Then there's "Masterminds." The heist-comedy about a hapless band of robbers was originally scheduled to be released last year, but found itself entangled in Relativity Media's bankruptcy proceedings. Freshly emerged from Chapter 11, Relativity had hoped that its release would signal to Hollywood that the studio has put its financial troubles behind it. Yet, "Masterminds" eked out a feeble $6.6 million, a disastrous result for the mid-budget comedy. At one point during its bankruptcy proceedings, Relativity predicted that "Masterminds" would generate $125.4 million in revenues for the studio over its lifetime and $47.1 million in profit. Those projections now look very rosy.

Disney's "Queen of Katwe" also bombed in its expansion. The drama about a chess prodigy from Uganda only managed to generate roughly $2.6 million after moving from 52 to 1,242 screens. Disney is primarily in the blockbuster business, offering up Marvel adventures, "Star Wars" sequels and spin-offs, and the latest Pixar fantasies. It has, however, tried to do a series of uplifting, lower-budgeted dramas such as "Million Dollar Arm" and "McFarland, USA," with middling results.

Last weekend's champion, "The Magnificent Seven," slid to third place, earning $15.7 million. The Western remake with Denzel Washington has racked up $61.6 million in its first two weeks of release.

The animated comedy "Storks" and Clint Eastwood's "Sully," took fourth and fifth place, earning $13.8 million and $8.4 million, respectively. "Storks" has made $38.8 million in its first two weeks in theaters, while "Sully" has racked up an impressive $105.4 million over its first month of release.

In limited release, Bleecker Street's "Denial," a drama about a Holocaust denier, debuted to $102,101 on five theaters for a $20,420 per-screen average. A24 also bowed "American Honey," a buzzy look at a mag crew that took Cannes by storm, in four theaters where it made $75,370 for a per-screen average of $18,843.

You've read  of  free articles. Subscribe to continue.

Dear Reader,

About a year ago, I happened upon this statement about the Monitor in the Harvard Business Review – under the charming heading of “do things that don’t interest you”:

“Many things that end up” being meaningful, writes social scientist Joseph Grenny, “have come from conference workshops, articles, or online videos that began as a chore and ended with an insight. My work in Kenya, for example, was heavily influenced by a Christian Science Monitor article I had forced myself to read 10 years earlier. Sometimes, we call things ‘boring’ simply because they lie outside the box we are currently in.”

If you were to come up with a punchline to a joke about the Monitor, that would probably be it. We’re seen as being global, fair, insightful, and perhaps a bit too earnest. We’re the bran muffin of journalism.

But you know what? We change lives. And I’m going to argue that we change lives precisely because we force open that too-small box that most human beings think they live in.

The Monitor is a peculiar little publication that’s hard for the world to figure out. We’re run by a church, but we’re not only for church members and we’re not about converting people. We’re known as being fair even as the world becomes as polarized as at any time since the newspaper’s founding in 1908.

We have a mission beyond circulation, we want to bridge divides. We’re about kicking down the door of thought everywhere and saying, “You are bigger and more capable than you realize. And we can prove it.”

If you’re looking for bran muffin journalism, you can subscribe to the Monitor for $15. You’ll get the Monitor Weekly magazine, the Monitor Daily email, and unlimited access to CSMonitor.com.