Thursday, July 16, 2009

Box Office Returns - Weekend 7/17/09-7/19/09

Harry Potter looks like it made $58 Million for Opening Day which is little higher then what I thought it could be. Regardless, Harry Potter is going to have a great 5-day opening compared to Order of the Phoenix.

Opening day has proven that the loss of IMAX theaters will not be as big of a factor as I had previously thought. It also shows that the hype and buzz of this movie is bigger then OOTP.

Here is my prediction for the rest of the weekend. I have currently shorted $100 Million on Intrade.

Thurs: $22.31 Million
Fri: $31.37 Million
Sat: $34.38 Million
Sun: $27.88 Million

$93.63 Million 3-Day

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