Saturday Update: Paramount reports Transformers: Rise of the Beasts earned $25.6 million on its domestic opening day. That includes Wednesday’s $1.2 million from early access shows, Thursday’s $7.6 million from traditional previews, and Friday’s true gross of $16.8 million.
For the weekend, Beasts is on track for a debut north of $55 million. The studio projects $60 million as of Saturday morning.
Rivaling Transformers for first place this weekend, Sony’s Spider-Man: Across the Spider-Verse added $16.6 million domestically on Friday for an 8-day haul of $186.6 million. That puts the strongly received animated sequel on course for a sophomore frame around $55.9 million, per the studio’s projection, though it could climb higher.
At this stage, the battle for first place this weekend remains a dead heat and too close to call.
Friday Report: Paramount reported this morning that Transformers: Rise of the Beasts scored $8.8 million from domestic previews across Wednesday and Thursday combined, with Thursday screenings alone generating $7.6 million.
Given the double preview night, comparisons are inexact, but with Thursday’s grosses alone Rise of the Beasts exceeded Fast X‘s $7.5 million in Thursday previews last month and Transformers: The Last Knight‘s $5.5 million in summer 2017.
Long range forecasts steadily improved leading up to Beasts‘ release, while bullish industry tracking found an equilibrium point. Prior to this weekend, Paramount Pictures expected a debut in the mid-$50 million range; our final forecasts predict a similar performance.
The big question—and one that remains unanswered for now—is how front-loaded Rise of the Beasts may or may not be. With summer weekdays and fan turnout in play, weekend ratios are likely to skew lower than Fast X despite the latter film—which opened to $67M—likely having a stronger opening weekend overall.
More updates will follow throughout the weekend.
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