No box office killing for big-budget "Jack the Giant Slayer"
By Lisa Richwine and Patricia Reaney
(Reuters) - "Jack the Giant Slayer," the first big-budget action film of the year, was anything but a killer at the weekend box office.
"Jack," a retelling of the "Jack and the Beanstalk" fairy tale, earned the No. 1 spot on domestic box office charts with $28 million in ticket sales in U.S. and Canadian theaters, according to studio estimates compiled by Reuters on Sunday.
But that was an underwhelming start for a 3D movie that cost $189 million to produce, plus tens of millions more to market.
"Jack the Giant Slayer" also grossed $13.7 million from 1,824 screens in 10 Asian markets.
Comedy "Identity Thief" took in $9.7 million to capture second place, and new adult comedy "21 and Over" finished in third place on domestic charts with $9 million in ticket sales from Friday through Sunday.
Low-budget horror sequel "The Last Exorcism Part II" took the No. 4 slot with $8 million, according to studio estimates.
"Jack" clearly was not a great opening by any means, said Phil Contrino, vice president/chief analyst with Boxoffice.com.
"But I wouldn't rush to call the film a financial flop just yet because overseas growth can really save a movie, and I feel that this is a movie that could do really well in other territories and make up for the fact that the North American haul was a little bit underwhelming." Continued...