Episode Transcript
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Speaker 1 (00:08):
Welcome to Daily Variety, your daily dose of news and
analysis for entertainment industry insiders. It's Monday, December first, twenty
twenty five. I'm your host, Cynthia Littleton. I am co
editor in chief of Variety alongside Ramin Setuda. I'm in
LA He's in New York, and Righty has reporters around
the world covering the business of entertainment. On today's episode,
(00:28):
in our box office segment, we'll hear from Variety's Rebecca
Rubin on the Thanksgiving harvest, Zootopia, Io and Wicked for
Good did not disappoint, and that all sets up a
strong finish to the end of the box office. Here,
Family audiences just consumed a whole lot of trailers, and
Mark Malkln catches up with Jeremy Allen White. White is
(00:49):
turning his attention back to filming The Bear after spending
a season in Bruce Springsteen's shoes. But before we get
to that, here are a few headlines just in this
morning that you need to know. Three insiders are digging
out their inboxes after a mostly quiet long Thanksgiving weekend.
Not that we needed proof, but we got proof that
America loves the Macy's Thanksgiving Day Parade. Some thirty four
(01:12):
point three million people watched the parade across NBC and Peacock.
Some of us watched it more than once. The Academy
of Country Music Awards are headed back to Las Vegas
next year after three years in Texas. The sixty first
annual ACM Kudos are set for May seventeenth at the
MGM Grand Garden Arena and will air live on Amazon,
(01:32):
Prime Video and Twitch. And let's not forget that the
Golden Globe Award nominations will be out one week from today,
on December eighth. The biggest news, of course, that we're
awaiting word on, is from a new round of bids
that are expected today for Warner Brothers Discovery. More to
come on that, as we know it later this week.
All of these stories ends so much more can be
(01:53):
found on Variety dot com right now. Now it's time
for conversations with Friday journalists about news and trends in
show business. If it's Monday, we're talking box office with
Rebecca Rubin, Variety's senior film and media reporter. Zutopia two
(02:15):
has delivered twenty twenty five's biggest box office opening hands down.
There's a lot to discuss, and nobody knows this marketplace
better than Variety's box office chief, Rebecca Rubin, you have
definitely been busy writing this morning. What a weekend.
Speaker 2 (02:30):
It was a great weekend for sure, and the second
consecutive big weekend, which is important because the box office
has been struggling, and Zoutopia two delivered a huge debut
of one hundred and fifty six million dollars domestically and
fifty six million dollars globally. If you can believe that,
that's the fourth biggest opening weekend in box office history,
(02:54):
which you might not expect for Zoutopia two.
Speaker 1 (02:58):
Rebecca, you flagged this three months ago as this is
something that exhibitors were watching for. But as you say,
even among Disney franchises, it's not the splashiest, but boy,
America's families showed up.
Speaker 2 (03:12):
People might not remember the first Utopia came out in
twenty sixteen and it did make a billion dollars, And
so clearly there's a lot of goodwill for this property
and all year, starting in the beginning of the year
when I spoke to exhibitors, when I asked them what
movie they were most excited for nearly everybody says Utopia too,
just because it is such a big property among families.
Speaker 1 (03:35):
That's called reporting. That's why you are such a good
box office analyst. Was there anything that stood out to
you about the performance domestically?
Speaker 2 (03:44):
It definitely just delivered all over. And what's notable here
is this is the second best Thanksgiving launch of all time,
and that's behind another Disney sequel, which was last year's
Mowana II, and that film opened to two hundred and
twenty five million over the five days, which is just
an absolutely massive number. To give you some context. In
(04:07):
third place, the third biggest Thanksgiving release of all time
is you guessed it, another Disney sequel, twenty nineteen's Frozen two,
and that film made one hundred and twenty five million
over the five days. So Zutopia to the performance is
a little more in line with Frozen. Ma Wana two
is just such a juggernaut. But Zutopia two has really
(04:29):
excellent word of mouth that has an a Cinema score
and reviews from critics are really strong, which means it
will probably appeal not just to families but also just
general audiences and that will separate it from the films
this year that haven't been able to crack the billion
dollar benchmarkt and just.
Speaker 1 (04:49):
Seeing these numbers reminded me we really haven't been talking
about family films. There haven't been that many. Those that
have been haven't really broken out.
Speaker 2 (04:59):
Another reason why this film overperformed to the degree it
did is, just like you said, there has not been
a big animated family film in a while. The last
animated movie was The Bad Guys two in August and
it did modest business, but nothing on this scale. This
is the biggest animated film since mull one to two
(05:20):
a year ago, and so there's definitely a lot of
pent up demand from families who are looking for reasons
to leave the house when they have so many options
at home. It needs to be something really special to
take the whole family to the movies, and you were
really watching the Thanksgiving the four day frame of it
all right. Thanksgiving typically has been a very popular time
(05:42):
to go to the movies, but then post pandemic, it
was struggling a lot. There were some animated movies like
Disney's Wish that came out a few years ago and
nobody really went to see it, and there was genuine concern.
It is Thanksgiving no longer a really popular period anymore.
And then the last two years we've seen a real
(06:03):
true return to form and it's funny it's had a
pretty similar formula, which is a Wicked movie and then
a Disney animated sequel. So last year was the first
half of Wicked and Mawana two. This year it's the
second half of Wicked, which had a great second weekend,
and then of course Zootopia two. And so what's interesting
is in these two consecutive years, these are both PG
(06:26):
films that are targeting all audiences, and they've both really
thrived with each other and they're not cutting into the audience.
And so it's showing that if there are two movies
that are of quality and people want to see, they
will go to see both. They're not necessarily cannibalizing each other.
Speaker 1 (06:45):
Or I want to talk about the incredible international box
office for Zootopia two. But before we leave domestic land,
how did Wicked for Good do in its long second weekend?
Speaker 2 (06:55):
So Wicked for Good had a great second weekend. It
made a ninety three million over the five day period
that's from Wednesday to Sunday, which is what theater owners
count as the Thanksgiving stretch, and right now it's having
a steeper drop than the first film. The first film
had a really excellent hold in its second weekend, but
(07:18):
since Wicked for Good had a much bigger opening, it's
still pacing slightly ahead of the first film. And so
it's made two hundred and seventy million dollars domestically and
nearly four hundred million globally after just ten days. And
I think sometimes it's easy to just assume that a
movie like Wicked for Good is going to be huge,
(07:38):
But with musicals, it's just such a hit or miss
genre that for a musical to have made nearly four
hundred million dollars in just less than two weeks is
pretty remarkable and a true testament to what an event
Universal has turned the film into. And people from all
walks of life over Thanksgiving are talking about going to
(07:59):
see the film and so definitely expecting that to remain
a force throughout December.
Speaker 1 (08:05):
Okay, let's talk international for Zootopia too. I mean, the
number was pretty incredible. Do you think that that four
hundred million blew away even Disney's estimate?
Speaker 2 (08:15):
Yeah, especially in China, that was such a big turnout.
It made two hundred and seventy two million dollars there
in its first five days, and that's a really remarkable
number because Hollywood movies have really struggled in China since
the pandemic. For a while, China wasn't even really letting
in Hollywood films, and pre pandemic, that was such an
(08:36):
important market and then to have lost it really put
a damper on the performance of a lot of these
big budget films that had relied on the grosses in
China to recoup their budgets. And so for a film
like this too, I think it's already got one of
the highest grossing Hollywood films in China after just five
(08:57):
days in post pandemic times, and so it just speaks
to the interest there. The first film was beloved in China.
It made two hundred and thirty six million dollars there
in its entire theatrical run, So the second film has
already surpassed the entire run of the first film. Just
to show how much it has exploded in popularity.
Speaker 1 (09:19):
That you had a detail in your story that just
made me swoon for your expertise as a box office
analyst about something that also might have built up anticipation
and excitement around this movie in China.
Speaker 2 (09:31):
The first film was quite popular in China, but in
the time since there is a Utopia land that opened
at Shanghai Disney the theme park, and that is really
what Disney was looking at to gauge how popular z
Utopia two was in China, and since that land has
been a big attraction, they knew that Chinese audiences were
(09:54):
really into this franchise.
Speaker 1 (09:55):
It's all connected, it's all connected. That just does show
you the level of Disney muscle and the things that
influence their franchise management. Well, that was a lot to unpack, Rebecca.
I know we still have an Avatar movie to come,
but what are you paying attention to next weekend?
Speaker 2 (10:10):
What's going to be really interesting is Universal is opening
five nights at Freddy's two in the first weekend of December,
and that is usually a week and that is a
dead zone. Studios kind of avoid it because it's in
that between holidays slump, maybe people aren't going to the movies.
But the first five nights at Freddy's was a massive,
(10:31):
massive hit. And even if it doesn't do the business
that the first movie did. It's still going to be
a very nice lift for that early December period. That'll
be interesting to see how it does because typically theater
owners would then have to wait for a movie like
Avatar to open in a few weeks to get another
big boost. But it seems like attendance might be a
(10:54):
little steadier through the month of December, and that is
going to be very needed to get the domestic box
office trying to reach nine billion dollars. It's at seven
point five right now, so it definitely has a lot
of work cut out for it for the end of
the year. Having releases staggered through December will definitely help.
Speaker 1 (11:12):
Here's hoping for a very strong finish. Rebecca, thank you
again for sorting this all out for us. Always appreciate
your expertise.
Speaker 2 (11:19):
Thank you for having me.
Speaker 1 (11:25):
After all the talk of Thanksgiving weekend records, I dove
into the variety of archives and looked at our coverage
for Thanksgiving weekend in nineteen ninety. Home Alone was the
surprise runaway hit that year. I learned that distributor twentieth
Century Fox used the wicked playbook of opening Home Alone
the weekend before Thanksgiving. That made the movie perfectly placed
(11:46):
for word of mouth business over the following four day frame.
Fox tried an interesting strategy back then, suggesting they knew
they had a sleeper hit on their hands. Home Alone
played for two weekends in about one thousand theaters, and
then expanded wider the weekend after Thanksgiving, and it held
the number one slot for ten more weeks. Incredible. It's
(12:08):
always instructive to look back at the past and find
those signposts for the future. And now we'll hear from
Mark Malcolm as he catches up with Jeremy Allen White.
Speaker 3 (12:17):
Thanks Cynthia. I caught up with Jeremy Allen White the
other day to talk about his Awards buzzy work. It's
Bruce Springsteen and Scott Cooper. Springsteen delivered Me from Nowhere Well.
White did his own singing and guitar playing in the movie,
which chronicles the making of the musician's nineteen eighty two
album Nebraska, as he was battling depression and other mental
health issues. He also thought about using prosthetics to transform
(12:40):
into the Boss, including something to give him an underbikee.
Speaker 4 (12:43):
Ultimately, Scott and I wanted this performance to be one
that was internalized in that you know, we were going
from the inside out right, not from the outside in,
and we thought, let's not distract people with these pieces.
Speaker 3 (13:02):
White is also taking on another real person while street
journal reporter Jeff Horwitz in Aaron Sorkin's upcoming The Social
Network sequel, The Social Reckoning. Like so many of us,
White struggles with his social media use.
Speaker 4 (13:16):
I've had a certain curiosity and sort of like a
questioning my you know, dependency on this stuff for a
long time.
Speaker 3 (13:25):
But there is one thing that's helping curb that dependency.
White told me. He uses an iPhone twelve one that
is broken and limits when he can be on the apps.
Speaker 4 (13:35):
So I actually can't go on in story for Twitter
or online unless I have Wi Fi, And so unless
I'm home, I'm not going to ask for Wi Fi
wherever I'm going, so I don't use it as much.
Speaker 3 (13:47):
For more of my interview with White, he also reveals
when he starts shooting The Bear season five. Go to
Variety dot Com as we close out today's episode.
Speaker 1 (14:00):
So here's a few things we're watching for. Don't skip.
Owen Gleiberman's review of The New Yorker at one hundred
he loved the documentary and says it's a tight, ninety
six minute tribute to the publication's influence and its quote
steak of serious delight end quote. The documentary drops December
fifth on Netflix. Don't miss my Colleagalic Schaeffer's report on
(14:22):
Paddington the Musical and how they brought the bear and
his famous blue duffelcoat to life. It's a great read.
It's a busy week for us at Variety. We will
celebrate at our Faith and Spirituality Honors event on Thursday night.
On Saturday, we'll rock and roll with top music Mavens
at our annual hit Maker's Brunch. Our friend Sabrina Carpenter
will be there and she'll be on our cover On Wednesday,
(14:45):
and also starting Thursday, we'll be covering the Red Sea
Film Festival in Jetta, Saudi Arabia. We love to hear
from listeners, so please send thoughts and other feedback about
Daily Variety two podcasts at Variety dot com. Before we
go regrets to Sarah Paulson, the Emmy winner and fabulous actress,
will get her star on the Hollywood Walk of Fame tomorrow,
(15:07):
December second. Her Chunk of the sidewalk is right next
to her longtime collaborator Ryan Murphy. It's a block and
a half from Musso and Frank. Thanks for listening. This
episode was written and reported by me Cynthia Littleton, with
contributions from Rebecca Rubin and Mark Malcolm Steak Snake's hick Picks.
Please leave us a review at the podcast platform of
(15:27):
your choice, and please tune in tomorrow for another episode
of Daily Variety. And don't forget to tell us what
you think at podcasts at Variety dot com.