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What you need to know for 10/17/2017

Success of 'Guardians' can't overcome sluggish summer

Success of 'Guardians' can't overcome sluggish summer

The intergalactic misfits of “Guardians of the Galaxy” are the summer’s box-office superheroes, as w
Success of 'Guardians' can't overcome sluggish summer
Chris Pratt is seen in a scene from "Guardians Of The Galaxy," which was the No. 1 film again over the Labor Day weekend and the most popular movie of the summer. (Disney)

The intergalactic misfits of “Guardians of the Galaxy” are the summer’s box-office superheroes.

Marvel’s cosmic romp topped the Labor Day box office with a three-day take of $22 million — its third time in first place since its release five weeks ago, according to studio estimates Monday. With North American ticket sales of more than $280 million so far, “Guardians” is also the summer’s — and the year’s — top-grossing film to date.

Still, summer box-office totals are down almost 15 percent from last year, said Paul Dergarabedian, senior media analyst for box-office tracker Rentrak.

“This is the lowest summer since 2006 in terms of revenue,” he said. “Before ‘Guardians,’ we were sitting on a 20 percent deficit compared to last year.”

“Transformers: Age of Extinction,” which opened in late June, also boosted the summer box office with $1 billion in global ticket sales. “Maleficent” was also a hit, bringing in more than $230 million domestically.

“This was never expected to be a record-breaking summer,” Dergarabedian said, “but it maybe came in under expectations.”

The World Cup may have distracted moviegoers, he said. Also, the death of Paul Walker caused the seventh installment of “Fast & Furious” — which could have added $200 million to the summer box office — to be postponed until next year.

Last summer broke box-office records with the success of “Iron Man 3,” “Star Trek,” “The Heat” and “Despicable Me 2.” Next summer is expected to shatter records again with hotly anticipated releases including “Star Wars,” “Avengers: Age of Ultron” and Pixar’s “Inside Out.”

“Summer of 2014 is a transitional summer between two record-breaking years,” Dergarabedian said.

The top movies over the lackluster Labor Day holiday were the same as the previous weekend. Paramount’s “Teenage Mutant Ninja Turtles” followed “Guardians” with $15.7 million, while Warner Bros.’ young-adult drama, “If I Stay” took third place with $11.6 million.

“We went out with a whimper,” Dergarabedian said. “We wound up a very exasperating summer on a very quiet note.”

Estimated ticket sales are for Friday through Monday at U.S. and Canadian theaters, according to Rentrak.

The Top 10

1. “Guardians of the Galaxy,” $22.2 million

2. “Teenage Mutant Ninja Turtles,” $15.7 million

3. “If I Stay,” $11.6 million

4. “Let’s Be Cops,” $10.5 million

5. “As Above, So Below,” $10.3 million

6. “The November Man,” $10.2 million

7. “When the Game Stands Tall,” $8 million

8. “The Giver,” $6.9 million

9. “The Hundred-Foot Journey,” $6.3 million

10. “The Expendables 3,” $4.5 million

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