Box Office: New releases struggle while 'Kung Fu Panda 3' repeats

Box Office: New releases struggle while 'Kung Fu Panda 3' repeats

(KFVS) - Super Bowl weekend has always been a tough spot for new releases and this year was no different

Last week's new release and first place film, Kung Fu Panda 3, repeated in first pulling in $21 million.

The animated family film has almost no competition until the release of Disney's Zootopia on March 4; this should give the film plenty of time to make even more money.

The first of the new wide releases and in second place was Joel and Ethan Coen's Hail, Caesar! bringing in $11.3 million.

The film scored well with critics but that wasn't enough to prevent it from becoming the award winning directors lowest wide opening ever.

After eight weeks in release Star Wars: The Force Awakens has now grossed over $900 million in domestic release becoming the first film to ever cross the mark.

The record breaking film grossed $6.97 million for a third place finish.

Alejandro G. Inarritu's The Revenant took in a gross of $6.93 million for fourth place; the film has now grossed over $300 million worldwide.

The Nicholas Sparks adaptation, The Choice, opened with $6 million; becoming the first Sparks adaptation to open below the $10 million mark.

The film should pick up during the Valentine's Day weekend, but industry expectations are low for the film to cross a total domestic gross of $20 million.

Pride and Prejudice and Zombies underperformed for a total of $5.3 million and a disappointing sixth place finish.

The $28 million film is not estimated to make its budget back domestically, but does have a chance internationally as it infects more countries soon.

Last week's fourth place film, The Finest Hours, continues to struggle domestically as it slides to seventh place with a gross of $4.8 million.

Ride Along 2 adds an additional $4.5 million onto its total of $77 million; at this point the film has no chance of surpassing the $134 million domestic gross of its 2014 predecessor.

STX Entertainment's The Boy falls to ninth place with a gross of $4.08 million; the indie horror film has performed incredibly well for the fledgling studio.

The final spot in the top grossing films goes to Dirty Grandpa in its third week of release with a weekend pull of $4 million.

So far, 2016 has not been too kind to new releases as holdovers from December, The Revenant (Dec. 25) and Star Wars: The Force Awakens (Dec. 18), continue to rank in the top 10.

Not a single new release has yet to reach the $100 million mark this year.

Here is a list of the top ten films and their grosses for the weekend of January 22, 2016 provided by Box Office Mojo:

  1. Kung Fu Panda 3
    • $21,242,181
  2. Hail, Caesar!
    • $11,355,225
  3. Star Wars: The Force Awakens
    • $6,973,316
  4. The Revenant
    • $6,939,795
  5. The Choice
    • $6,050,443
  6. Pride and Prejudice and Zombies
    • $5,324,240
  7. The Finest Hours
    • $4,826,239
  8. Ride Along 2
    • $4,560,715
  9. The Boy (2016)
    • $4,083,822
  10. Dirty Grandpa
    • $4,040,023

Valentine's Day looms over next week as it we see a number of new releases coming to theaters.

Leading the pack is the action-comedy Deadpool, thanks to positive early reviews and word-of-mouth this film has the potential to gross an estimated $70 million.

Following behind is the rom-com How to Be Single starring 50 Shades of Grey's Dakota Johnson.

Finally the sequel to the 2001 cult comedy Zoolander, Zoolander 2, makes it way from the catwalks to the big screen.

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