By JAKE COYLE
Associated Press
NEW YORK (AP) — Christmas came early at the box office this year.
“Moana 2” brought in a tidal wave of moviegoers over the Thanksgiving Day weekend, setting records with $221 million in ticket sales, according to studio estimates Sunday. That, combined with “Wicked” and “Gladiator II,” made for an unprecedented weekend in cinemas and a confluence of blockbusters more like what’s often found in late December.
Expectations were high for Walt Disney Co.’s “Moana 2,” but the film blew predictions out of the water. Its five-day opening set a new record for Thanksgiving moviegoing. The previous best was $125 million for “Frozen 2” in its second week of release in 2019. “Moana 2” added $165.3 million internationally.
“Moana 2,” “Wicked,” and “Gladiator II” drove the overall box office to more than $400 million in Thanksgiving weekend ticket sales, a record. For an industry that has been battered in recent years by the pandemic, work stoppages and the upheaval caused by streaming, it was a triumphant weekend that showed the still-potent power of Hollywood’s blockbuster machine. Before “Wicked,” “Moana 2” and “Gladiator II” arrived in theaters, ticket sales were running about 25% behind pre-pandemic levels.
Like the last time such anticipated movies collided on the release calendar—as in 2023’s much-ballyhooed “Barbenheimer”—the movie industry again could see evidence of a rising moviegoing tide lifting all blockbusters. In recent years, studios have typically tried to space out most of their biggest releases. Earlier this fall, “Venom: The Last Dance,” for example, was the No. 1 film for three straight weeks, despite not being particularly successful.
“For a long, long time in Hollywood, there’s been a belief that you don’t put big blockbuster movies up against each other,” said O’Leary. “But the truth of the matter is that competition is good. It’s good for the movies. It’s good for the studios. It’s good for the theater owners. But it’s particularly good for the moviegoing public.”