As a Cinema Moviegoer, it is imperative that you know what is going on at the weekend box office during each weekend. That is where my weekly movie review comes in. The purpose of this article is to help Cinema Movie Fans in knowing which films are likely to be great hits and which ones are sure to flop. However, my goal is not to tell you which films to avoid at the movie theaters. Rather, my goal is to share with you a simple way I use to predict which films will be box-office successes and which films are sure to flop.
If you are a diehard Cinema Moviegoer who thinks Variety Releases is a waste of time because the films chosen by the critics or the viewers are all predictable hits, then read on. You are about to learn a secret that allows you to separate the flops from the winners. In fact, I bet you never knew this little secret until I told you about it. The reason why I am telling you this secret is to reveal one of the most powerful tools used by Cinema Movie Fans to predict which films are likely to earn their respective guarantees or box office guarantees during their first few weeks of release.
The difference between predicting a hit or a miss is based on two things: movie critics and audience reaction. Those who love to analyze statistics and data are of course correct in using Povograms or Ediograms to analyze and decipher the performance of a film. However, there is a lot more to it than just using Povograms and Ediograms to predict box office grosses. Instead, I want to reveal to you the secret to knowing which films are likely to be winners and which films are guaranteed to flop.
It is no secret that Hollywood insiders and film industry insiders spend a great deal of time studying the film industry. I know that some people spend more time studying the film business than the actual movie business itself. The funny thing is that although these people know everything there is to know about the movie business, they are almost never able to accurately predict how well any given film will perform. Why? Because the box office figures they get from sources like Box Office Mojo or Flixster are almost completely useless, as they rely only on data available two to three years ago.
This means that the data from the box-office projections are based on the performance of films which came out two months and five years ago. While this may seem like a good thing, since studios and filmmakers can better plan for upcoming movies, it has the unfortunate effect of skewering a film industry which is based almost entirely on data released within the last two and three years. These days, even with the help of a dedicated data-driven strategy, savvy studio executives cannot rely on past performance data to form a sound strategy for their company. As a result, when making investments in the film industry, they always seem to get much less bang for their buck than they expected.
One of the ways that a theater operator can use the information on weekend box office reports is to simply create a strategy that works for the company. After all, a theater owner doesn’t have to worry about whether a recent film has hit the big time, or whether a local family favorite will do well at the local theaters. The important thing to focus on instead is whether a given film is likely to make any money at all in the theater. If the owner knows that the film has the potential to do well at the multiplexes, then she can focus her attention on developing that potential and driving it as hard as possible into the multiplex’s main screen. If, on the other hand, she knows that the film isn’t likely to do well because of one or more factors, then she has an easier time choosing a marketing campaign that will help her theater make its money back.
Weekend box office reports are usually sent out before the official opening weekend of any movies, usually around mid-weekend. This is why many theaters wait until after the weekend to start promoting their movies. In addition to keeping track of opening weekend statistics, this type of report is also useful for knowing what weekend productions gross the most money. Typically, the biggest grossing films (which typically don’t have big opening weekend numbers) will earn the most during the week following the opening weekend. There are a few exceptions to this rule, such as when movies are showing in a foreign country. But for the most part, all major cities will have the latest installment of a popular film released in the United States any time of the week.
Finally, savvy theater owners know that there is one way to make sure that theaters stay in business: selling tickets. To analyze how well a movie is doing at drawing ticket sales, weekend box office reporting firms need to look at not only the opening weekend numbers but over the entire month of July and August. This includes all opening weekend tickets sold, any change in the opening weekend attendance, how many tickets sold on the day of the show, and any changes from week to week. If there is a particularly hot weekend or particularly cold weekend, there might be some cause for concern, and a theater owner should take note of these trends to make sure that his business is not slipping into decline.