Jumanji Expected to Top Box Office Again

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By Douglas A. McIntyre Updated Published
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Jumanji Expected to Top Box Office Again

© courtesy of Sony Pictures

The “Jumanji: Welcome to the Jungle” juggernaut keeps on rolling. It is likely to have a total U.S. box office take of over $300 million by the end of the weekend. It is also expected to be the number one movie for the weekend, a spot it has held since it was released December 20.

According to Box Office Mojo:

Jumanji topped last weekend’s box office after dropping just 24.5%, and this weekend it should continue to hold on rather well. While we’re currently anticipating a drop around 32% and a fifth weekend around $19 million, don’t be surprised if it hangs on a little better than that.

The film’s total ticket sales for domestic and international should reach over $750 million. The movie stars popular actor and former wrestler Dwayne Johnson. Movies that he has appeared in have a total gross of $3.1 billion, making him among the most successful actors in recent history. The average gross of the movies in which he has appeared is $141 million. He initially became famous for his lead role in “The Scorpion King,” released in 2002.

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The second place spot is forecast to go to a film about one of the most important points in the history of the newspaper industry:

Steven Spielberg’s The Post should deliver a second place finish for a second weekend in a row. The film expanded nationwide last weekend and performed quite well and we’re expecting a drop around 28% this weekend for a $14 million weekend, pushing the film’s domestic cume right around $47 million.

The film stars multiple Oscar winners Tom Hanks and Meryl Streep.

“Jumanji: Welcome to the Jungle” is a win for Sony Corp.’s (NYSE: SNE) Sony Columbia studio division. “The Post” was released by Twenty-First Century Fox Inc. (NYSE: FOXA) Fox studio. Many of 21st Century Fox’s assets, which include the studio, were recently sold to Walt Disney Co. (NYSE: DIS) for $52.4 billion.
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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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