‘Shazam!’ Unseats ‘Dumbo’ to Open as Weekend's Top Film

(Bloomberg) -- The Warner Bros. superhero movie “Shazam!” opened as the top film in North American theaters, unseating last weekend’s leader, the Walt Disney Co. revival of “Dumbo.”

‘Shazam!’ Unseats ‘Dumbo’ to Open as Weekend's Top Film
  • The lighthearted superhero film based on the DC Comics character brought in $53.5 million in U.S. and Canadian theaters, researcher Comscore Inc. said Monday in an email. That compared with estimates of $48 million to $50 million. Paramount’s remake of “Pet Sematary” landed in second place, while STX’s “The Best of Enemies” opened in sixth place.
‘Shazam!’ Unseats ‘Dumbo’ to Open as Weekend's Top Film

Key Insights

  • The latest DC Comics film from AT&T Inc.’s film division adds some fun to a Warner franchise that developed a dark reputation with “The Dark Knight” and “Man of Steel.” Reviews for “Shazam!” have been upbeat, with 91 percent of critics recommending the movie, according to Rotten Tomatoes. About a foster kid with super powers, “Shazam!” cost about $100 million to make and millions more to market. Worldwide, the weekend take was $158.6 million.
  • “Pet Sematary” checked in with sales of $24.5 million, missing estimates of about $30 million. About 61 percent of critics recommended the film. “The Best of Enemies” garnered a 52 percent score at Rotten Tomatoes. Analysts were predicting sales of $5 million to $7 million.
  • Exhibitors closed the weekend with year-to-date sales down 16 percent. But in three weeks, Disney kicks off the summer movie season a little earlier than usual with the release of “Avengers: Endgame.”
‘Shazam!’ Unseats ‘Dumbo’ to Open as Weekend's Top Film
‘Shazam!’ Unseats ‘Dumbo’ to Open as Weekend's Top Film

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