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Box Office Update: Inside Out 2 Leaps over Barbie and Bad Boys Never Tire

Thomas Paulson
Jun 28, 2024
Box Office Update: Inside Out 2 Leaps over Barbie and Bad Boys Never Tire

Inside Out 2 outperformed for a second straight week, which likely stems from strong word-of-mouth and a dearth of competition. (See last week’s story on the premiere and industry.) Week 2 receipts were down only 34% from the opening week, putting the box office total at $356M domestically and $749M globally. Moreover, Inside Out 2’s second week also bested Barbie’s; influencers are now describing Inside Out 2 as a “must-see,” which helped fuel Barbenheimer into a phenomenon. That “must-see” promotion will drive its eventual box office total far above $749M, which itself already marks it as the year’s best-grossing film globally.

The chart below shows the ongoing lift in theater visits during June. Visits were up 16% week-over-week, led by Cinemark (+18%). Regal’s increase from early June still leads at +110%.

Also helping fill seats is Sony’s Bad Boys: Ride or Die, which has posted an impressive at $300M in global box office revenue (especially for an action-comedy). Should the film’s momentum continue, it will exceed its predecessor, Bad Boys for Life, which grabbed $426M in total ticket sales following its January 15, 2020 release (before the pandemic shut everything down). Incredibly, the franchise series started in 1995 with Bad Boys (yes, nearly 30 years back) and produced $141M in box office. Back then, movie ticket prices averaged $4.35 compared to the current $10.78. Adjusted for the difference, the film delivered $352M in current dollar terms. And so, Ride or Die and its stars, despite having aged by 30 years, will best the original as well. I guess we can all count on more rides ahead.

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Thomas Paulson

Director of Research and Business Development, Placer.ai

Thomas Paulson spent 20 years as a Wall Street analyst and a member of asset management teams at AllianceBernstein and Cornerstone Capital, representing top-50 ownership positions including Target, Home Depot, Nike, Amazon, Google, and many more. He brings consumer related expertise and knowledge of enterprises in retail, CPG, financial services, telecom, and entertainment.

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