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Why The Grinch is Putting Up HUGE Box Office Numbers

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November 26, 2018
by
Market Foolery - Business News & Stock Market Moves
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Why The Grinch is Putting Up HUGE Box Office Numbers

TL;DR

Universal Studios' animated film Dr. Seuss's The Grinch performed well at the box office, exceeding expectations and earning over $65 million domestically. The decision to release the movie early may have been influenced by competition from Disney's Nutcracker film.

Transcript

Chris Hill: One more news item from the weekend. It goes in the plus column for shareholders of Comcast, because Comcast is the parent company of Universal Studios. The box office winner of the weekend, inexplicably, was the animated movie Dr. Seuss's The Grinch. Took in north of $65 million domestically, and probably bodes well for the coming week... Read More

Key Insights

  • 🧑‍💼 Dr. Seuss's The Grinch's box office success is a positive development for shareholders of Comcast, the parent company of Universal Studios.
  • 🎭 Non-tentpole movies, like The Grinch, have been performing better than expected in recent months, indicating a shift in audience preferences.
  • 💪 The Thanksgiving holiday period is a prime time for family-oriented movies, contributing to The Grinch's strong opening weekend.
  • 🌱 The decision to release the film earlier than planned may have been influenced by competition from Disney's Nutcracker and the Four Realms.
  • ❓ Benedict Cumberbatch's voice acting skills and his ability to portray a malevolent character make him a suitable choice for the role of the Grinch.
  • 🙈 Voiceover work is seen as a lucrative and less time-consuming job within the entertainment industry.
  • 📔 The success of The Grinch highlights the enduring popularity of the original Dr. Seuss book and other adaptations.

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Questions & Answers

Q: Why did Dr. Seuss's The Grinch perform well at the box office?

The movie's success can be attributed to its release during the Thanksgiving holiday, which is a popular time for families to watch movies together. Additionally, the enduring popularity of the original Dr. Seuss book and previous adaptations likely contributed to its success.

Q: Why was the film released earlier than originally planned?

It is speculated that Universal Studios chose to release the film earlier to avoid direct competition with Disney's Nutcracker and the Four Realms, which is also targeted at families. By releasing a week earlier, Universal could attract more viewers before Disney's film hit theaters.

Q: What is the significance of The Grinch's performance exceeding expectations?

The Grinch's success is noteworthy as it falls in the category of non-tentpole movies that have been performing better than expected in recent months. This trend suggests that audiences are open to watching films beyond the big-budget blockbusters.

Q: How does Benedict Cumberbatch's voice work in the film contribute to its success?

Cumberbatch's voice acting skills and his ability to convey a sense of malevolence likely made him a good choice for portraying the Grinch's character. His performance adds depth and intrigue to the film, attracting both fans of the original Grinch story and those who appreciate Cumberbatch's talent.

Summary & Key Takeaways

  • Dr. Seuss's The Grinch earned over $65 million domestically, indicating a successful box office performance.

  • The movie's strong opening weekend is likely due to the upcoming Thanksgiving holiday, during which families tend to go watch movies.

  • The decision to release the film earlier than anticipated may have been influenced by competition from Disney's Nutcracker and the Four Realms.


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