Where Have All the Avids Gone …
Long Time Passing

The debut of The Roommate led an anemic field at the weekend box office with an estimated $15.5 million. Second ranked was another newcomer – the 3D adventure Sanctum – with a disappointing $9.2 million.

Anticipating steep Sunday admission drops from the Super Bowl both national and niche debuts were generally directed to strong single quadrant audiences. Opening day-and-date with Mainland China, the Sino version of What Women Want generated a dull $58,900 at 29 venues; the family oriented The Adventures of Adele Blanc-Sec struggled to $51,300 at 27 screens in Quebec; and the inspirational Midway to Heaven was stuck in the middle with $42,400 at 10 playdates. Best of the new exclusives was American indie Cold Weather with a $14,800 tally on a single screen.

Continuing the first quarter cold spell ticket sales experienced double digit declines that have left both the exhibition and distribution sectors in a very blue funk.

The Roommate, a remake in all but name and credit of Single White Female, bucked recent viewing trend with exit polls showing strong younger appeal. Its 65% female crowd was not unexpected and its 61% under 21 makeup was encouraging … at least for an opening weekend gross that was largely predicted by tracking pundits.

Sanctum wasn’t as lucky with, again, a distaff skewing set of viewers, albeit largely plus 25s. The sizzle was all about its stereoscopic qualities and reviewers skewered its artistic elements. Still tracking indicated a bow of $10 million to $12 million that audiences weren’t willing to make come true.

Overall business fell short of $90 million for a 20% decline from the prior weekend. It was a slightly steeper 22% drop from 2010 when the $30.5 million opening of Dear John toppled Avatar’s reign with that film taking the bridesmaid spot with $22.8 million.

The industry is now inured to Super Bowl’s clobber but the more serious concern is the sudden disappearance of the avid audience that falls between ages 17 and 25. Recent movie releases are largely being blamed with no relief in sight for the first quarter of 2011 and certainly no possibility of Oscar fare bringing up the slack.

The official line is that the avids will return but somewhere in the dark recesses are concerns that a significant portion of that audience has opted out of the theatrical experience in favor of new technologies and platforms. Theater owners are buckling down for additional experimentation in “windows” that will cut into their bottom line.

Historically the majors have been slow to respond to change and if logically an aging population would suggest adopting more mature content, don’t expect that penny to drop for three to five years. Independents could move in to fill the gap though one can be certain their deep pocket brethren will out spend them to ensure market share dominance rather than address real business issues.

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Weekend Estimates – February 4-6, 2011

Top Domestic Grossers – 2010