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By Daniel Garris

Fox's Deadpool grossed $2.10 million on Thursday to lead the daily box office for what should be the last time. The Ryan Reynolds led blockbuster antihero film was down 5 percent from Wednesday and down 45 percent from last Thursday. Deadpool was the week's top film with a weekly take of $40.62 million. That represented a 45 percent decline from the previous frame and brings the film's three-week total to a massive $294.76 million. Deadpool is running an extremely impressive 50 percent ahead of the $196.44 million three-week take of 2014's X-Men: Days of Future Past.

Lionsgate's Gods of Egypt held steady in second with $0.682 million. The expensive action fantasy film featuring Gerard Butler was down a very sharp 16 percent from Wednesday. Holdovers in general were clearly affected yesterday by Disney's Zootopia and Focus' London Has Fallen both entering the marketplace on Thursday evening and may have also taken an additional hit from the Republican presidential debate. Gods of Egypt placed in second for the week with a seven-day start of $17.85 million, which represented a soft performance with the film's price tag in mind.

Risen took in $0.505 million to remain in third place. The faith-based film from Sony's AFFIRM Films label starring Joseph Fiennes was down a slim 3 percent from Wednesday and down a solid 40 percent from last Thursday. Risen took fourth place for the week with $9.06 million. That represented a 42 percent decline and brings the film's two-week total to $24.77 million. Risen continues to perform towards the higher end of pre-release expectations.

Fox claimed fourth and fifth place for the day, as The Revenant took in $0.423 million and Kung Fu Panda 3 took in $0.403 million. The Revenant declined 12 percent from Wednesday, while Kung Fu Panda 3 fell 9 percent. For the week, Kung Fu Panda 3 placed in third with $10.85 million, while The Revenant took ninth place with $5.95 million. Respective current total grosses stand at $172.65 million for The Revenant and at $130.31 million for Kung Fu Panda 3.

Meanwhile, Open Road's Triple 9 and Fox's Eddie the Eagle rounded out their first weeks of release with respective eighth place and ninth place takes of $0.369 million and $0.331 million. Triple 9 fell a very sharp 20 percent from Wednesday, while Eddie the Eagle fell 14.5 percent. Triple 9 took fifth place for the week with a seven-day start of $8.11 million, with Eddie the Eagle following closely behind in sixth place with $7.76 million.

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By Alex Edghill

Friday Afternoon Update: Finding Dory reminded us all on Wednesday that it is the most anticipated animated film on the year as it secured a genre-record 179,917 tweets on the day (9th largest overall). In recent times Zootopia has really done well on Twitter and Dory has taken a back seat for much of 2016 to it but with this new trailer it offers a not-so-subtle reminder that the Pixar film is in line for a massive payday later this Summer. To frame just how crazy of a number 179k is for an animated film, Minion's high water mark was 74,368 tweets and that was the day of its release. The highest The LEGO Movie ever got was  82,343 tweets on the day of its release. The fact that Finding Dory is more than doubling these two comparisons which were massive social media successes shows just how large the appeal and awareness of the film is. Finding Nemo ranks as the fifth largest animated film of all time unadjusted with over $380 million. I wouldn't be betting against Dory setting her own records this time out for opening weekend or total gross after seeing these types of numbers so far from release. The icing on the cake here was that it has a ratio of 145 positive to 1 negative tweets for its trailer release day which is one of the highest ever. In fact, the next closest sentiment ratio to this in the top 10 by total tweets for trailers is 22:1 for Avengers: Age Of Ultron.

Besting even Finding Dory on the week was Ghostbusters which turned in a dominating performance yesterday, ending with the fourth largest trailer debut on Twitter ever - 232,824 tweets. Just from a sheer numbers perspective this is a very auspicious start for the reboot of the franchise and hints at massive potential this Summer. That's the upside, on the downside, while Finding Dory had the most positive sentiment of the top 10 all time trailer receptions on Twitter, Ghostbusters had the lowest. Yes, a 2:1 positive to negative ratio which overtook the infamous record from Suicide Squad which had a 4:1 sentiment for its first trailer which nabbed 253, 376 tweets earlier this year. The all female casting of the beloved classic has sparked a lot of nay-sayers to be very vocal which undoubtedly has caused a dive in the sentiment. Still, the increased publicity, whether positive or negative is a good things here and helps to raise awareness of the film. Its now up to the marketing campaign to win over more people as its release approaches.

Twitter Top 10 Movies for the week of February 26th to March 3rd

Date Movie Tweets Rank Change
6/17/16 Finding Dory 252,308 1 (+16) 5529.36%
7/15/16 Ghostbusters (2016) 251,024 2 (+6) 1132.50%
3/25/16 Batman v Superman: Dawn of Justice 157,507 3 (+1) 96.80%
5/27/16 X-Men: Apocalypse 74,587 4 (-2) -15.83%
5/06/16 Captain America: Civil War 51,097 5 (-2) -37.52%
8/05/16 Suicide Squad 33,161 6 (-1) 7.31%
4/01/16 God's Not Dead 2 27,791 7 (-1) -4.74%
3/18/16 The Divergent Series: Allegiant 20,733 8 (-1) -11.85%
6/03/16 Me Before You 12,978 9 (-) -13.47%
5/13/16 The Darkness 8,177 10 (+1) 7.71%

Subscribe to BoxOffice for more social media insights/coverage.

Please check the methodology page for information about our Twitter project or here for historic data.

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PRESS RELEASE

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Combines Highly Complementary Theatre Circuits to Expand Platform for AMC's Guest Experience and Strategic Growth Initiatives

LEAWOOD, Kan. & COLUMBUS, Ga.--(BUSINESS WIRE)-- AMC Theatres (AMC Entertainment Holdings, Inc.) (NYSE: AMC) ("AMC") and Carmike Cinemas, Inc. (NASDAQ: CKEC) ("Carmike") announced today they have entered into a definitive merger agreement pursuant to which AMC will acquire all of the outstanding shares of Carmike for $30.00 per share in cash. The transaction is valued at approximately $1.1 billion, including the assumption of Carmike net indebtedness. The purchase price per screen is approximately $376,000, and the per share purchase price represents an approximate 19.47% premium to Carmike's March 3, 2016 closing stock price.

The Combined Company After Closing the Transaction

AMC is one of the nation's premier entertainment companies with 5,426 screens and the most productive theatres in the country's top markets. Carmike, America's hometown theatre circuit, has 2,954 screens, primarily located in mid-size, non-urban communities. Together AMC and Carmike would have well over 600 theatre locations in 45 states across the country, including the District of Columbia. The transaction is expected to provide significant growth for AMC and will allow it to bring its innovative amenities and best-in-class customer experience to enhance the movie-going experience for more customers in more areas.

Key Benefits of the Transaction

The transaction is expected to result in free cash flow per share accretion, exclusive of one-time transaction-related charges, in 2017 and beyond, and is expected to produce annual cost synergies of approximately $35 million. Other key benefits of the transaction include:

  • Diversifying AMC's footprint by adding theatres with complementary geographic and guest demographic profiles that strengthen the combined company's admissions growth potential with limited geographic overlap;
  • Expanding AMC's proven and successful guest experience strategies to millions of new guests in complementary markets;
  • Reducing related General and Administrative expenses by combining back-of-the-house functions such as accounting, finance and technology. The result is a more efficient and effective competitor through greater scale, scope and expertise. The combined company will be headquartered in Leawood, Kansas. Adam Aron will serve as Chief Executive Officer and President, and Craig Ramsey will serve as Executive Vice President and Chief Financial Officer;
  • The maintenance of AMC's quarterly dividend;
  • The maintenance of AMC's balance sheet flexibility and attractive leverage profile; and AMC's receiving substantial additional value in NCM LLC, a subsidiary of National CineMedia, Inc. (NASDAQ: NCMI).

Commenting on the transaction, AMC Chief Executive Officer and President, Adam Aron said, "This is a compelling transaction that brings together two great companies with complementary strengths to create substantial value for our guests and shareholders. Through this transaction we expect to unlock synergies, sufficient we believe to make this transaction accretive in 2017. AMC also gets to extend the reach of our innovative, guest-experience strategies to further transform the movie-going experience for millions of new guests. We also look forward to welcoming so many talented Carmike employees to the AMC team."

"Our combination with AMC is a transformative milestone for Carmike and one that provides significant value to Carmike shareholders," stated David Passman, Carmike President and Chief Executive Officer. "By joining with AMC, we are bringing together two highly complementary theatre footprints and a shared commitment to service and innovation, positioning the combined company to deliver an even more compelling movie-going experience in many more locations across the country. I am proud of the Carmike employees whose dedication and hard work have made this combination and its many benefits possible. We look forward to working together with the AMC team to complete the transaction and to ensure a seamless transition."

Aron added, "By broadening AMC's geographic and demographic base for delivering our groundbreaking guest experience innovations in comfort and convenience -- such as plush power-recliners, enhanced food and beverage, premium sight and sound, greater guest engagement and targeted programming -- AMC is poised to deliver the best possible movie experience to more movie-goers than ever before."

Approvals and Timing

The transaction was approved by both Boards of Directors of AMC and Carmike, respectively.

The transaction is expected to be completed by the end of 2016, subject to customary closing conditions, including regulatory approval and approval by Carmike's shareholders.

Additional Details

The transaction, which has fully committed financing in place, will be funded through a combination of existing liquidity, including cash on hand, and incremental debt. The debt financing commitment is being provided by Citigroup Global Markets Inc. ("Citi").

Citi is serving as exclusive financial advisor to AMC and Husch Blackwell LLP is serving as AMC's lead legal advisor. J.P. Morgan Securities LLC is serving as exclusive financial advisor and provided a fairness opinion to Carmike. King & Spalding LLP is acting as legal counsel to Carmike.

 

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latefeb2016.jpgFox's Deadpool won the day again on Wednesday with another $2.2 million added to its haul, down 42 percent from last week. That brings the "Merc with a Mouth" up to $292.7 million domestically through 20 days of play, putting it 26 percent ahead of the pace of Guardians of the Galaxy. The film is set to fly past the $300 million threshold this coming weekend.

Lionsgate's Gods of Egypt pulled $0.815 million yesterday in second place, giving it a six-day haul of $17.2 million. Unfortunately, the big-budget fantasy flick is living down to expectations at the box office as it paces 56 percent behind Immortals.

Risen claimed third place on Wednesday with $0.52 million, off just 38 percent from the same day last week. That gives the successful faith-based film a solid 13-day tally of $24.3 million as it enjoys positive word of mouth.

The Revenant jumped three spots back into fourth place with $0.48 million yesterday as it enjoys refreshed momentum from Leonardo DiCaprio's Best Actor Oscar win on Sunday night. The frontier epic now stands at an excellent $172.2 million overall stateside.

Triple 9 moved up to fifth place with $0.46 million for a six-day cume of $7.74 million. Kung Fu Panda 3 came in sixth yesterday with $0.44 million, down just 16 percent from last Wednesday and bringing its domestic take up to $129.9 million. Eddie the Eagle landed in ninth place with $0.39 million and a six-day tally of $7.4 million.

Meanwhile, just outside the top ten, Star Wars: The Force Awakens grabbed $0.24 million to increase its record domestic haul to $926.75 million.

 

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zootopia.pngTheir official press release:

LOS ANGELES - March 4, 2016 - Disney's animated comedy-adventure, "Zootopia," is charging ahead to the top of Fandango's Fanticipation movie buzz indicator scoring a wild 93 out of 100 points.

"Zootopia" is outselling previous Disney Animation hit, "Big Hero 6," at the same point in the Fandango sales cycle. Gerard Butler's thriller "London Has Fallen" scores a solid 77 out of 100 points on Fanticipation, outselling his previous hit, "Olympus Has Fallen," at the same point in the sales cycle.

"The advance buzz for Disney's delightful and truly laugh-out-loud animated comedy ‘Zootopia' is resulting in remarkable anticipation for an original family film," says Fandango Chief Correspondent Dave Karger. "It's even outpacing the Oscar-winning smash ‘Big Hero 6' in its advance ticket sales."

About Fanticipation
Known for having its finger on the pulse of moviegoers, Fandango's movie buzz indicator, Fanticipation, provides statistical insight into the movies fans are planning to see in a given weekend. Fanticipation scores (based on a 1 to 100-point scale) are calculated via an algorithm of Fandango's advance ticket sales, website and mobile traffic, and social media engagement. Fanticipation is not intended as a forecast of the weekend box office; it is a snapshot of movie fan sentiment. Fandango is the nation's leading digital destination for moviegoers and fans with more than 49 million unique visitors per month.*

*According to comScore.

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