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By Daniel Garris

Home took in $3.60 million on Monday to lead the daily box office for a fourth straight day. The 3D computer animated film from Fox and DreamWorks Animation featuring the voices of Jim Parsons and Rihanna was down 75 percent from Sunday. That represented the day's largest daily percentage decline among wide releases and signals that the film is skewing very heavily towards family audiences. Home has grossed a significantly stronger than expected $55.71 million in four days. The film is currently running 62 percent stronger than the $34.44 million four-day start of last year's Mr. Peabody & Sherman and 16.5 percent stronger than the $47.84 million four-day take of 2013's The Croods.

Warner's Get Hard placed in second with $2.59 million. The R-rated comedy starring Will Ferrell and Kevin Hart was down 67 percent from Sunday. Get Hard continues to perform towards the higher end of pre-release expectations with a healthy four-day start of $36.92 million. The film is running 54 percent ahead of the $24.04 million four-day take of this year's The Wedding Ringer and 9 percent behind the $40.52 million four-day start of 2010's The Other Guys.

Lionsgate's The Divergent Series: Insurgent placed in third with $1.67 million. The second installment of the young adult series starring Shailene Woodley fell 68 percent from Sunday and 47 percent from last Monday. Insurgent has grossed a very solid $87.52 million through eleven days of release. That places the film 9 percent behind the $96.04 million eleven-day gross of last year's Divergent.

Cinderella claimed fourth place with $1.58 million. In the process, Disney's blockbuster fairy tale adaptation surpassed the $150 million domestic mark yesterday. Cinderella was down 66 percent from Sunday and down a solid 37 percent from last Monday. With an 18-day gross of $151.13 million, Cinderella is running 9 percent behind the $165.29 million 18-day take of last year's Maleficent.

It Follows rounded out Monday's top five with $0.367 million. The critically acclaimed horror thriller from RADiUS-TWC was down just 59 percent from Sunday, which was among the day's stronger daily percentage holds for wide releases. It Follows has grossed $4.91 million to date and will hope to hold up well going forward with the aid of strong word of mouth and critical reviews.

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furious7longrange.pngMovieTickets.com reports that advance ticket sales of Furious 7 via their website is 34 percent ahead of the tickets the company sold for Fast & Furious 6 at the same point in the sales cycle. The film is also trending #1 for MovieTickets.com with 42% of all tickets sold in the last 24 hours being from moviegoers wanting to see the seventh film in the franchise.

Stay tuned for more news as Furious 7's global release approaches...

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americancinemaequipment_ace_.pngThe official press release from ACE:

John Venice, who earned much of his engineering proficiency in southern California, has joined the IT cinema professionals of American Cinema Equipment, Although based in the northwestern US, Mr. Venice's expertise will be valued throughout the country. Scott Hicks, President and CEO of ACE (American Cinema Equipment) obviously knew a top-notch technical specialist when meeting Mr. Venice--the ACE CEO himself has 40+ years cinema technician background.

"John brings not only a high level of digital cinema knowledge with him, but he also adds Crestron programming to our IT team," explains Mr. Hicks. "Our company is celebrating 20 years serving technical excellence and sound value to cinemas across the nation. ACE brings IT understanding, along with solid optical and audio expertise, to our digital cinema customers. Our engineers are in high demand for critical listening and visual accuracy, as well as hands-on installation and systems troubleshooting to maximize digital equipment performance. We are fortunate to have John Venice join our engineers. His addition represents an expansion of both our overall technical offerings as well as IT depth."

ACE now enjoys full service for the major immersive sound systems in representing Auro 11.1, Meyer Sound and Dolby Atmos lines. Members of our engineering group will be on hand at CinemaCon in the ACE trade show booth.

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The Growth of Premium Large Format around the World Means the Big Screen Has Never Been Bigger

by Daniel Loria

In many ways, the premium large-format (PLF) conversation begins with IMAX --even if trends in exhibition today make it clear that's not where the conversation ends. IMAX has a global reach of more than 800 screens in 60 countries and a brand recognition possessed by few companies in exhibition today. In little more than a decade, IMAX has been able to distinguish blockbuster releases under its own format. As a technology brand whose presence adds luster and cachet to specific movies, IMAX enjoys a success comparable to Technicolor's during the ascendance of color film. Audiences around the world are not only conscious of what IMAX offers, but they actively seek out IMAX-equipped theaters when purchasing tickets. While IMAX wasn't the first company to bring the giant-screen aesthetic to cinemas, it did lay the groundwork for the current premium large-format trend in exhibition --a trend that has grown beyond the company's considerable reach.

It hasn't been a uniform success story for IMAX. At one point in September of 2001, IMAX stock was trading at just over 50 cents per share. The game changer for the Canadian company came exactly a year later, with the release of its first digitally remastered (DMR) release, an IMAX cut of Ron Howard's Apollo 13 (1995). DMR revitalized IMAX as a company and has left a lasting impression in exhibition. The company continued to expand the reach of its DMR releases with its first day-and-date title, The Matrix Revolutions in 2003, and ventured into 3D with its first IMAX 3D title, The Polar Express, in 2004.

It was in 2013 that IMAX first earned more than half its global box office revenue from overseas markets. IMAX might have a head start in brand recognition among its competitors, but other players are quickly gaining ground in lucrative international territories like Russia and China, two of today's most dynamic growth markets. Russia brought in $1.4 billion in total box office during 2013 and has continued to add screens at a rapid pace. China, the second-biggest box office market in the world, surged well above the $4 billion mark in 2014.

The proliferation of premium large-format locations in these territories coincides with the digital transition and the demand for more 3D screens. RealD opened its own office in Moscow in September 2012 as part of its focus on increasing its international footprint. The investment paid off for RealD with announcements of new partnerships with Russian exhibitors cropping up over the past couple of years. RealD was therefore well situated in the market when it announced its premium large-format offering, Luxe, in 2013. RealD now operates five Luxe theaters in Russia with an additional 18 to come, including deals in place with leading exhibitors Karo Film and Cinema Park. The company is also making inroads in mainland China, where it recently agreed to install three Luxe auditoriums at Broadway Circuit locations in Tianjing, Chengdu, and Guangzhou. IMAX has enjoyed a healthy presence in China since first entering the market in 2001, surpassing the 200-screen milestone in the country following an agreement with Wanda Cinemas last December. Once all of its deals are executed, IMAX will have a presence across 122 cities in 30 Chinese provinces.

Local players have also come to the forefront in claiming PLF screens in China. As of H1 2014, three Chinese brands operated 82 PLF screens in the country-a trend that stands to grow due to the current import quota on foreign films. Only 34 films produced outside of China are allowed to reach Chinese audiences every year; 14 of those films must be compatible with 3D and PLF formats. That has produced curious examples of Hollywood releases converted to 3D for China alone, such as RoboCop ($50.8M in box office), Lucy ($44.8M), and Transcendence ($20.3M).

China Film Giant Screen (CFGS) is one of those companies poised to profit from the Chinese import quota. CFGS operates 50 screens across the country and was co-developed by the state-sponsored China Film Group, an organization that wields heavy influence in the Chinese distribution and exhibition market. CFGS isn't the only local player with a stake in the PLF business; AMC parent company Dalian Wanda operates 27 auditoriums of its own PLF brand, X-Land, as of September 2014. Chinese exhibitor Poly Film has also developed its own PLF brand, Polymax, with deals in place to operate 10 screens in mainland China.

A report compiled by IHS reveals that 54.3 percent of the 1,401 digital PLF screens around the world come from exhibitor brands. Major exhibitors in the United States are behind much of that activity and have been busy investing in their own PLF formats. The United States is the leading territory of exhibitor PLF screens, with a total of 297 auditoriums as of H1 2014. Canada occupies the third-largest concentration of exhibitor PLF screens with 77, the majority of which belong to Cineplex --the country's top exhibition chain. That puts the number of exhibitor PLF screens in North America (374) above IMAX digital (360) for the first time.

Regal, the leading North American exhibitor, operates a total of 168 PLF auditoriums and plans to have around 200 screens by year-end. IMAX supplies 86 screens of Regal's PLF fleet, while the chain's own RPX brand makes up the other 82 screens in operation. AMC is the largest IMAX exhibitor in the world with 148 screens --43 percent of the U.S. market share. It's split might not be as even as Regal's, but AMC also operates 12 locations equipped with ETX auditoriums, its own PLF brand. Carmike, the fastest-growing exhibitor of 2014, operates a total of 42 PLF auditoriums --26 of which are part of their own BigD brand. Marcus Theatres isn't behind the trend either, with 20 UltraScreen auditoriums-11 of which are labeled UltraScreenDLX and include recliner seating.

The leading exhibition brand of PLF screens belongs to Cinemark. The Texas-based chain leveraged its international presence and close partnership with technology providers in launching 169 Cinemark XD screens across its global network of cinemas. The United States accounts for 107 of those screens, while Brazil --the fourth-largest exhibitor PLF market in the world-- hosts 30 XD auditoriums. Eleven of Cinemark's XD screens in Brazil are concentrated in the Sao Paulo metropolitan area alone. Cinépolis, the other major player in the Brazilian market, operates 13 of its Macro XE screens in the country.

Cinemark offers XD screens in many of its NextGen theaters, a luxury offering that also includes enhanced surround-sound systems. The chain has 22 NextGen locations in operation with a total of 248 screens. Cinemark's luxury offerings also include a handful of auditoriums equipped with CinemaBarco, which include Barco's Escape system. Escape presents films in a surround-viewing experience, with images projected across three separate screens in a single auditorium to create a sort of triptych cinematic canvas. Barco worked with Fox last year to release a special Escape version of The Maze Runner across five Cinemark locations in the United States.

CinemaBarco goes beyond the traditional premium large-format offerings with a complete theater experience designed to transform a regular auditorium into a luxury location with a one-stop suite of services. Dolby is also entering that market with Dolby Cinema --and has already announced the opening of its first two locations in Eindhoven and Barcelona. Like Cinemark, many of the other exhibitor PLF screens are bundled in theaters that offer other luxury amenities like immersive sound and recliner seating.

Many of this year's hotly anticipated studio tentpoles will screen at these theaters around the world. The field is now packed with PLF offerings, and the general trend toward a bigger screen experience at the movies shows no sign of slowing down. One of cinema's most obvious advantages is the screen itself, and the medium has often resorted to emphasizing that quality when challenged with emerging home-video technology. The pleasures of a big screen, however, aren't exclusive to Hollywood productions. Earlier this year, the HBO hit Game of Thrones became available to screen at select IMAX theaters. The show is widely available at home for HBO subscribers, and countless more viewers have helped make Game of Thrones the most pirated show in the world. The theatrical debut of Game of Thrones on IMAX screens brought in $1.46 million from 205 screens, claiming the second-highest per-screen average of the weekend among films playing on more than 20 screens. The box office result illustrates a compelling point: PLF has the potential to fill up auditoriums at a premium price point, even if the same content is readily available at home.

 

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By Daniel Garris

Home surprised in a big way this weekend with a significantly stronger than expected first place start of $52.11 million. The 3D computer animated film from Fox and DreamWorks Animation had been widely expected to find itself in a close race for first place with Get Hard heading into the weekend. Instead, Home led the weekend box office with ease, which was very welcome news for DreamWorks Animation after a string of softer than expected performers that started back in July of 2013 with Turbo. The opening weekend performance of Home represented the largest opening weekend for DreamWorks Animation since the $60.32 million debut of Madagascar 3 back in June of 2012. Home opened an impressive 62 percent stronger than the $32.21 million start of last year's Mr. Peabody & Sherman and 19 percent stronger than the $43.64 million debut of 2013's The Croods.

Although it received mixed critical reviews, Home proved to be critic proof this weekend, thanks in part to the relatively small amount of animated releases in the marketplace since December and in part to the star power of the film's vocal cast, which includes Jim Parsons, Rihanna, Steve Martin and Jennifer Lopez.

Home opened with $15.72 million on Friday (which included an estimated $650,000 from Thursday evening shows), increased a healthy 39 percent on Saturday to take in $21.88 million and declined 34 percent on Sunday to gross $14.51 million. That placed the film's opening weekend to Friday ratio at 3.32 to 1. Home received a strong A rating on CinemaScore, which suggests that the film is going over much better with moviegoers than it has with critics and is a good early sign going forward. Home should also be helped out going forward by no new animated films entering the marketplace between now and the June 19th launch of Disney's Inside Out.

While it settled for second place this weekend, Warner's Get Hard was off to a good start with $33.80 million. The R-rated comedy starring Will Ferrell and Kevin Hart opened toward the higher end of pre-release expectations. The combined drawing power of Ferrell and Hart was clearly able to make up for both largely negative critical reviews and a relative lack of online buzz for the film heading into the weekend. Get Hard may have also received a boost this weekend from moviegoers who wanted to catch the film before Universal's highly anticipated Furious 7 enters the marketplace next weekend. Get Hard opened 5 percent below the $35.54 million start of 2010's The Other Guys.

Get Hard started out with $12.90 million on Friday (which included an estimated $1.8 million from Thursday evening shows), increased a slim 2 percent on Saturday to take in $13.12 million and fell 41 percent on Sunday to gross $7.78 million. That placed the film's opening weekend to Friday ratio at 2.62 to 1, which could be an early sign of front-loading going forward. The film received a so-so B rating on CinemaScore, which also isn't the greatest early long-term sign (especially with the mentioned Furious 7 quickly approaching). The audience breakdown for Get Hard skewed towards male moviegoers (54 percent) and towards moviegoers over the age of 25 (61 percent).

Lionsgate's The Divergent Series: Insurgent was down two spots this weekend to place in third with $21.54 million. The second installment of the young adult series starring Shailene Woodley fell a sharp 59 percent from last weekend's first place debut. Insurgent experienced a sharper second weekend decline than last year's Divergent did; as that film fell 53 percent in its second weekend to gross $25.62 million. While Insurgent is having a solid box office run of its own so far with a ten-day start of $85.85 million, the film is running 9 percent behind the $94.38 million ten-day take of Divergent. It should be noted that the overseas start for Insurgent continues to be significantly stronger than that of Divergent.

Cinderella was also down two spots this weekend to place in fourth with $17.04 million. Disney's blockbuster fairy tale adaptation was down a sharp 51 percent from last weekend. Despite strong critical reviews and good word of mouth, direct competition from both Home and Insurgent have clearly taken a toll on the film's holding power so far. With that said, Cinderella has still grossed a very strong $149.55 million through 17 days of release. That places the film 8 percent behind the $163.02 million 17-day take of last year's Maleficent. Cinderella may still stabilize going forward, especially given the limited amount of new options for family audiences in April.

It Follows continued its noteworthy performance this weekend with a fifth place take of $3.81 million. The critically acclaimed horror thriller from RADiUS-TWC expanded into semi-wide release this weekend after two weeks of platform release. It Follows has grossed $4.55 million in 17 days and could hold up better than usual for its genre going forward thanks to its strong word of mouth and critical reviews.

On the platform front, A24's While We're Young was off to a very nice start this weekend with $227,688 from 4 locations in New York and Los Angeles. That gave the Noah Baumbach directed comedy starring Ben Stiller and Naomi Watts a per-location average of $56,922 for the frame. While We're Young will expand into additional locations next weekend and is scheduled to receive a nationwide expansion on April 10th.

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