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‘TÁR’ Sticks Its Landing, Joy for ‘Triangle of Sadness’: Specialized Box Office Is Back

Cate Blanchett and the Cannes-winning drama kick off a period that’s both Oscar season and make-or-break for specialized exhibitors.

NEW YORK, NEW YORK - OCTOBER 03:  Cate Blanchett attends the "TÁR" red carpet event during the 60th New York Film Festival at Alice Tully Hall, Lincoln Center on October 03, 2022 in New York City. (Photo by Dimitrios Kambouris/Getty Images for FLC)

Cate Blanchett attends the “TÁR” red carpet event during the 60th New York Film Festival

Getty Images for FLC

Using release strategies we haven’t seen in a long time, “TÁR” (Focus) and “Triangle of Sadness” (Neon) showed us that nearly three years of punishing blows didn’t kill off specialized films.

As we resume our Sunday specialized analyses after a 30-month absence, it’s time for a PSA: Nuance matters and opening weekends can be misleading, but initial results matter both for what they indicate as well as for their influence on future coverage.

The excellent news is that both films, going slightly different directions to start (“TÁR” a traditional four-theater New York/Los Angeles start, “Triangle” 10 theaters in six cities) need no excuses. Each showed decent or better signs of initial interest, not only compared to recent releases but also to similar titles pre-pandemic.

“TÁR” opened in two traditional New York platform locations (Lincoln Square and Angelika) and two in Los Angeles (Grove and Century City). It came in with $160,000, or $40,000 per theater. This is the best limited initial PTA since “Everything Everywhere All at Once” (A24) debuted with $500,000 in 10 theaters last spring.

That film caught a wave, with great marketing and strong reviews drawing in younger audiences rather than the hard-to-draw older ones for Todd Field’s new film, a nearly three-hour drama. “Everything” also had huge initial appeal to Asian audiences, core to its initial success. It has reached $70 million, something no one imagines is remotely possible for “TÁR,” even with a leading Best Actress contender.

Of note is that “Little Children,” Field’s last film, similarly with strong acting but also a heavy drama, grossed $97,000 in five theaters initially in 2007. Adjusting for inflation, that’s a similar result. Consider that a victory.

TRIANGLE OF SADNESS, Harris Dickinson (center), 2022. © Neon / Courtesy Everett Collection

“Triangle of Sadness”

Courtesy Everett Collection

“Triangle,” an English-language satire of the wealthy from Swedish director Ruben Östlund went wider, with six theaters in New York/Los Angeles (three also playing “TÁR”), two each in Toronto and San Francisco. Its $210,000 take led to a PTA of $21,000. The director’s “The Square” in 2017, also a Cannes top prize winner, did $74,000 in four initial theaters. So not only did “Triangle” do better, it did so in more than twice as many theaters. That’s encouraging.

Of relevance now and going forward: More than ever, distributors are enhancing opening limited weekends.  These strategies include not only Thursday previews, but also earlier paid shows, Q&A screenings, and promotions that can slightly elevate the total. All fair game, but another reason that first contact with the public doesn’t always indicate future results.

Also of note are the head-to-head grosses in the same theaters. Through Saturday, “TÁR” took in $87,000 to $48,000 for “Triangle.” The latter  had an additional run in both cities.

Exhibitors are anticipating both films will have longer-than-standard windows with expansion. In the case of “TÁR,” they have been told that Focus’ normal three weeks post-release PVOD won’t kick in at least until after the October 28 wide release (with expansion in between, starting with 30 additional theaters in 10 markets this weekend). “Triangle” also expands right away.

“Terrified 2,” a much different specialized release, held over this weekend after the Cinedigm release presented by Iconic Events added $825,000 over earlier weekday results in 886 theaters. That was good enough to displace “Top Gun: Maverick” in the top 10.

Laura Galán appears in PIGGY by Carlota Pereda, an official selection of the Midnight section at the 2022 Sundance Film Festival. Courtesy of Sundance Institute | photo by Jorge Fuembuena.All photos are copyrighted and may be used by press only for the purpose of news or editorial coverage of Sundance Institute programs. Photos must be accompanied by a credit to the photographer and/or 'Courtesy of Sundance Institute.' Unauthorized use, alteration, reproduction or sale of logos and/or photos is strictly prohibited.

“Piggy”

Magnet Releasing

Many releases still fail to report, something that became the norm during the pandemic. These films include “Piggy” (Magnolia, well reviewed out of Sundance) and “To Leslie” (Momentum) with Allison Janney, a hit at SXSW. The handful that did report numbers, whether limited or wider, all had PTAs well under $1,000. They are listed below.

Ongoing runs will play a big part of these reports, but as the grosses below suggest shelves are bare at the moment. Coincidently, this is the first week after 28 that “Everything Everywhere” is absent. It will be a tough achievement to top this year.

Opening

TÁR (Focus) – Metacritic: 92; Festivals include: Venice, Telluride, New York 2022

$160,000 in 4 theaters; PTA: $40,000

Triangle of Sadness (Neon) – Metacritic: 65; Festivals include: Cannes, Toronto, New York 2022

$210,074 in 10 theaters; PTA: $21,007

Terrifier 2 (Cinedigm/Iconic) – Metacritic: 65; Festivals include: Fantastic 2022

$825,000 in 886 theaters; PTA: $931; Cumulative: $1,229,000

Superspreader: The Rise of #Let Us Worship (Iconic)

$25,600 in 98 theaters; PTA: $261; Cumulative: $370,800

The Storied Life of A.J. Fikry (Vertical)

$121,000 in 332 theaters; PTA: $364

Pretty Problems (IFC) – Festivals include: South by Southwest

$7,500 in 27 theaters; PTA: $278

The Good House (Roadside Attractions) Week 2

$347,210 in 989 (-173) theaters; PTA: $353; Cumulative: $1,581,000

Pearl (A24) Week 4

$292,702  in 588 (-1,150) theaters;  Cumulative: $8,932,000

See How They Run (Searchlight) Week 4

$417,000 in 775 (-875) theaters; Cumulative: $8,815,000

Moonage Daydream (Neon) Week 4

$170,000 in 290 (-385) theaters; Cumulative: $3,818,000

Running the Bases (UPU2) Week 4

$49,000 in 217 (-160) theaters;  Cumulative: $1,374,000

 Brahmastra Part 1: Shiva (Disney) Week 5

$43,000 in 50 (-120) theaters; Cumulative: $7,829,000

 

 

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