Sequel on track to beat first film Thomson Reuters
Posted online: Jul 03, 2009 at 1443 hrs

: The Autobots and Decepticons begin slugging it out at the box-office Wednesday as Transformers: Revenge Of The Fallen, Michael Bay’s sequel to his 2007 hit, opens for business.
The Paramount/DreamWorks production is invading 4,626 theatres in North America, including 169 Imax locations. In many locations, screenings were expected to start just after midnight.

Since its box-office domination is assured — most competitors stayed away from confronting Transformers... head-on — the only question now is how muscular the alien robot tale, based on the Hasbro toy line, will be.
The first Transformers grabbed $155.4 mn in its first seven days. By the end of this weekend, its sequel could hit a number in that same neighbourhood — but in just five days.

“This looks like it could be one of the biggest Wednesday openers — with a shot of being the biggest,” Paramount vice chairman Rob Moore said, predicting a five-day haul in the $130 mn-$150 mn range.
Paramount’s competitors are betting the five-day number could climb higher than that, but Moore said, Transformers... should open bigger than the first one, but to forecast beyond that is a little insane.”

Comparisons are tricky since the two Transformers movies are adopting slightly different rollout patterns.
T1, debuting in 4,011 theatres, opened on a Monday evening on July 2, 2007 and played through the Fourth of July holiday, which that year fell on a Wednesday. Fanboys flocked to the movie’s Monday showings, which took in $8.8 mn and momentum built for its Tuesday and Wednesday screenings, dipped a bit on Thursday and then rallied for a Friday-Sunday weekend of $70.5 mn.

T2 is forgoing early evening screenings — movie theatre owners have to wait until a minute after midnight to throw the switch — so grosses from those midnight shows will roll over into the movie’s opening Wednesday figure, which could rise to $35 mn-$40 mn. The Friday-to-Sunday number should outdo that of the first movie, checking in at $80 mn-$90 mn.

The suspense will be whether the newest Transformers can set a record along the way.
The five-day record for a Wednesday opener belongs to 2004’s Spider-Man 2, which notched $152.4 mn. Transformers is likely to find itself in similar territory.
The mark for the biggest first five days, which belongs to The Dark Knight — a Friday opener that raked in $203.8 mn in its first five days — is expected to stand.

Similarly, Knight also holds the record for biggest single-day and opening-day gross: $67.2 mn and that’s another record that almost any film would be hard-pressed to topple.
Set Knight aside, though and Transformers looks pretty formidable on its own terms. While Bay has been worrying that the studio hasn’t gotten the word out, that doesn’t appear to be the case. Tracking is coming on strong and there is evidence that the movie’s potential audience has expanded.

Movietickets.com reported Tuesday that the film, which now accounts for 93 per cent of the online ticket seller’s sales, had sold out more than 600 performances nationwide, including 274 midnight showings.
While men of all ages were primed for the original movie, younger women are showing almost as much interest as older males in the sequel, according to Moore. And even older women, many of whom will be bringing younger sons, are showing an openness to the movie.

“The cast is higher profile — Shia (LaBeouf) has been in Indiana Jones and Eagle Eye and Megan (Fox) has become a celebrity in her own right,” Moore noted. That has contributed to the interest on the part of younger women, he said.
The rest of Hollywood has made Paramount’s job easier by clearing a path for Transformers. Competing studios booked May full of big-ticket movies — X-Men Origins: Wolverine, Star Trek, Angels & Demons and Night At The Museum: Battle Of The Smithsonian — but have mostly opened smaller comedies in recent weeks.

And since none of those earlier movies has turned into $300 mn domestic grossers, the door is open for Transformers and, possibly, Harry Potter And The Half-Blood Prince, which opens July 15, to reach for those heights.
At the same time, Transformers is also breaking worldwide. It opened during the past weekend in the U.K. and Japan and bows everywhere else in the world this week, with the exception of India, where it will set down July 20.