Movies

Box Office: ‘SpongeBob Squarepants’ Ends No. 1 Reign of ‘American Sniper’

After over a decade on the small screen, SpongeBob Squarepants is STILL a major cash cow for Nickelodeon.

The SpongeBob Movie: Sponge Out of Water squeezed its way into the top spot at the weekend box office with roughly $56 million, finally knocking Best Picture nominee American Sniper from its No. 1 perch. This not only means a huge win for Paramount and Nickelodeon Movies, it also means an even bigger win for the month of February, which is now a proven launching window for animated family movies, considering how massive The LEGO Movie was last February. All in all, SpongeBob is already off to a strong start — not only in North America, but internationally as well. The movie has grossed $26.8 million from international markets, bringing it to a worldwide total of $82.8 million.

As for the other two new arrivals at the box office, it was a bit less sunny. Jupiter Ascending opened to a disappointing $19 million, meaning this is likely to be a loss for the studio, considering the sci-fi epic cost $150 million to make. But it still did better than Seventh Son, which bombed with $7.1 million — on a cost of $95 million. Of course, there is a silver lining for Seventh Son, as the movie has already earned $83.6 million internationally, thanks in large part to China. The state-owned film company, China Film Group, made an eight-figure investment in the film alongside Legendary Studios, increasing its profile upon release. In total, the movie made an impressive $26 million in China, accounting for a significant fraction of the film’s international gross so far. It won’t be enough to keep Legendary out of the red, but it should mitigate some of the damage.

Jupiter Ascending also did far better business overseas, as the movie opened to $32.5 million. Again, probably not enough to save the film from the disaster column, but enough to keep the launch from being an embarrassment, considering this was a movie that was supposed to come out last summer.

Ultimately, however, both Jupiter Ascending and Seventh Son — which finished the weekend at No. 3 and No. 4, respectively — had their asses handed to them by American Sniper, which continues its juggernaut run in the United States. The film came in at No. 2 with $24.2 million in its fourth weekend. This brings the Clint Eastwood-directed war drama to a massive $282.3 million in North America alone.

Rounding out the Top 5 is Paddington, which continues its strong family showing opposite the challenge of The SpongeBob Movie, as the film came in at No. 5 with $5.4 million. This was enough to fend off Project Almanac, which came in at No. 6, and Best Picture nominee The Imitation Game, a film still seeing growth as a result of its awards season bump.

But how did the rest of the Top 10 do? Check out the full list below:

Box Office 'SpongeBob Squarepants' Ends No. 1 Reign of'American Sniper'

Credit: Paramount/Nickelodeon Studios

TOP 10 AT THE WEEKEND BOX OFFICE – 02/09/2015

1. The SpongeBob Movie: Sponge Out of Water ($56 million)
2. American Sniper ($24.2 million)
3. Jupiter Ascending ($19 million)
4. Seventh Son ($7.1 million)
5. Paddington ($5.4 million)
6. Project Almanac ($5.3 million)
7. The Imitation Game ($4.9 million)
8. The Wedding Ringer ($4.8 million)
9. Black or White ($4.5 million)
10. The Boy Next Door ($4.1 million)

Via: The Hollywood Reporter / Box Office Mojo

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