'Elvis' is No. 1 at the box office


By: Elvis Australia
Source: www.elvis.com.au
June 29, 2022

Elvis (Original Motion Picture Soundtrack) CDNEW YORK – 'Elvis' has won its box-office danceoff with 'Top Gun: Maverick.' After the two films reported the same ticket sales Sunday, Monday's final numbers has 'Elvis', alone, as king of the weekend.

'Elvis' ultimately grossed $31.1 million from Friday to Sunday, according to Warner Bros.' final figures Monday. That's a touch above the $30.5 million the studio forecast on Sunday. When film studios report box office on Sunday, they're able to fairly accurately predict Sunday's ticket sales.

Paramount Pictures, on the other hand, slightly overestimated how 'Top Gun: Maverick' fared in its fifth weekend. After the studio reported the same $30.5 million for the 'Top Gun' sequel on Sunday, the studio's final number came in at $29.6 million.

Regardless, both films performed well. Baz Luhrmann's Elvis Presley biopic opened above expectations, and brought out large numbers of older moviegoers – a segment of the audience that's been slow to return to theaters during the pandemic. About 60% of the audience for 'Elvis' was over the age of 35.

The film, starring newcomer Austin Butler as Presley and Tom Hanks as Colonel Tom Parker, outperformed the first weekend of the Elton John biopic 'Rocketman' (which launched with $25.7 million in 2019), though it fell well short of the Queen movie about Freddie Mercury ('Bohemian Rhapsody' opened with $51.1 million in 2018).

'Elvis', which cost about $85 million to make, was propelled by strong reviews (79% fresh on Rotten Tomatoes), good word of mouth (an A- on CinemaScore) and a glitzy Cannes Film Festival premiere. Early in the COVID-19 pandemic, the film was on the cusp of beginning production in Australia when Hanks tested positive.

'Top Gun: Maverick' has continued to hold remarkably well, dipping a modest 34% percent in its fifth weekend. Overall, the Joseph Kosinski-directed film starring Tom Cruise has earned about $1 billion worldwide, including more than $520 million domestically.

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