‘Eras Tour’ Performs at Box-Office to Record $100M Opening After $39M Friday
The concert film boasts a coveted A+ CinemaScore from the (mostly female) audience and a rare 100 percent critics’ score on Rotten Tomatoes.
Based on early grosses, the new concert movie Taylor Swift: The Eras Tour is headed for a domestic opening of $100 million, per AMC Theatres’ estimates.
Hollywood studios are estimating an opening weekend range of $90 million-$110 million, but AMC is sticking to its original number.
The movie grossed a huge $39 million on Friday, on par with such tentpoles as Spider-Man: No Way Home ($39.2 million), and it’s the second-biggest Friday gross for an October movie behind Joker ($39.4 million).
It has a shot at snagging the biggest October opening of all time in North America if it bests Joker ($96.2 million), according to Comscore. By the weekend’s end, it is assured of already being the top-grossing concert film of all time, not adjusted for inflation.
Eras Tour received a coveted A+ CinemaScore by audiences and boasts a rare 100 percent fresh critics’ rating on Rotten Tomatoes. (One qualifier: There are only 25 reviews. Usually, there are 200 or more.)
The power of female moviegoers is again on full display following Barbie. Friday’s audience was 82 percent female. In terms of overall age groups, 63 percent of ticket buyers were between 18 and 34. The largest group was those between 25 and 34. As expected, teenagers also turned out in force (17 percent).
“The significance of this weekend’s performance of the Taylor Swift concert film cannot be overstated, and given its outlier status and totally unique path to the multiplex is made all the more impressive and unexpected that lands in the wake of Barbenheimer big screen phenomenon,” says chief box office analyst Paul Dergarabedian. “It proves once again that the movie theater has become a revenue-generating platform that is unrivaled, even among the ubiquitous and rightfully popular streaming services whose overall impact pales by in comparison to the big screen experience.”
It is also the first time in modern history that a theater chain — in this case, mega-circuit AMC Theatres — has distributed a movie, versus a traditional Hollywood studio.
The pic is also opening overseas, with AMC predicting a global start in the $150 million range. International grosses will be released Sunday.
