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Inside Out 2 scores record-setting box office in second weekend with $100 million as it surpasses Dune: Part Two to become top film of 2024
Pixar’s Inside Out 2 has taken the box office by storm, raking in an impressive $100 million in its second weekend of release.
The Amy Poehler vehicle scored the biggest second weekend of all time for an animated film and the seventh-biggest among any film, as ticket sales dropped by only 35% following its incredible $154 million debut.
It's rare for movies to generate $90 million or more in their second weekend; Barbie was the most recent film to achieve this milestone, pulling in $93 million in the summer of 2023.
Inside Out 2 even surpassed the $90 million opening weekend earnings of its predecessor, 2015's Inside Out, in just its second weekend.
The film also passed up Dune: Part Two to become the highest-grossing film of 2024.
Pixar’s Inside Out 2 has taken the box office by storm , raking in an impressive $100 million in its second weekend of release
The Amy Poehler vehicle scored the biggest second weekend of all time for an animated film and the seventh-biggest among any film, as ticket sales dropped by only 35% following its incredible $154 million debut; (Poehler in June)
Inside Out 2 grossed $355 million in North America and $724 million globally, while the sci-fi flick starring Zendaya and Timothee Chalamet has generated $282 million domestically and $711 million worldwide.
'Excitement created by the monumental opening weekend of Inside Out 2 sparked a massive outpouring of interest and carried over into another phenomenal weekend for the film and the industry,' senior Comscore analyst Paul Dergarabedian said in a statement.
Bad Boys: Ride or Die, starring Will Smith and Martin Lawrence, is set to maintain its second-place position in North America with an estimated $18.4 million in its third weekend, pushing its domestic total to nearly $150 million, reaching $146.6 million by Sunday.
In the lineup of recent releases, The Bikeriders, starring Austin Butler and Jodie Comer, secured third place with an impressive opening weekend, grossing between $9.5 million and $10 million.
Russell Crowe's horror film The Exorcism entered the box office in seventh position, earning a disappointing $2.43 million.
Not only was Inside Out 2 the second-highest opening weekend in Pixar's 29 years of making films and the second-biggest animated opening ever (behind only the $182.7 million launch of Incredibles 2 in 2018); it's also the biggest of 2024, and since Barbie.
With an estimated $140 million from international showings, Inside Out 2 had a staggering, and record-breaking, $295 million global start.
Tony Chambers, who heads theatrical distribution for Disney, was confident that the film would do 'extremely well' - but even he was surprised at how much it exceeded already high expectations.
'People go to the theaters for great movies,' Chambers said. 'The reviews, the word of mouth just helped build this momentum ... It´s becoming a bit of a phenomenon.'
The film also passed up Dune: Part Two to become the highest-grossing film of 2024
Inside Out 2 grossed $355 million in North America and $724 million globally, while the sci-fi flick starring Zendaya and Timothee Chalamet has generated $282 million domestically and $711 million worldwide
Importantly, Inside Out 2 audiences spanned ages and all demographics. Post-COVID, he said, breakout successes depend on attracting multicultural audiences.
The success is significant for Pixar, marking a much-needed return to form for a studio that has had a string of underwhelming launches including Elemental, which did eventually become a success, and Lightyear, which didn't.
It's also vitally important for the greater Hollywood ecosystem and the health of theatrical exhibition, which had been running at a 26 percent deficit.
'Everybody needed this because success begets success,' said Chambers, who has been getting excited calls from exhibitors and fellow studios alike. 'It´s great for the industry, great for Pixar and great for the business overall.'
Disney was already having a good summer, with Kingdom of the Planet of the Apes, which this weekend was in third place in its sixth weekend with $5.2 million (bringing its global total to $374.5 million). And next up is Deadpool & Wolverine (July 26).
Kelsey Mann directed Inside Out 2, which picks up with Riley as she turns 13.
That means the arrival of new emotions like Anxiety (Maya Hawke) and Envy ( Ayo Edebiri ) to Joy's (Amy Poehler) party. It got glowing reviews from critics (92 percent on Rotten Tomatoes) and polled audiences who gave it an A CinemaScore, suggesting that this won't be a first-weekend wonder.
With kids out of school and an open market until Despicable Me 4 enters the ring over the Fourth of July, Inside Out 2 is just getting started.
The film had the second-highest opening weekend in Pixar's 29 years of making films
Inside Out 2's opening was the second-biggest animated opening ever (behind only the $182.7 million launch of Incredibles 2 in 2018)
The film's opening was the biggest of 2024, and since Barbie last summer
'This is a monumental weekend for movie theaters,' said Paul Dergarabedian, the senior media analyst for Comscore.
Inside Out 2 is estimated to have cost around $200 million to produce, which does not account for the millions spent on marketing.
Going into the weekend, it was tracking for a debut in the $90 million range, which would have been in line with Inside Out's first weekend in June 2019. Even that would have been considered a terrific achievement, and enough to claim the biggest opening of the year - finally unseating March releases like Dune: Part Two and Godzilla x Kong.
'For the entire industry that works for theatrical, this is a huge turning point for 2024,' said Daniel Loria of Boxoffice Pro. 'This is the sort of weekend we´ve been waiting for.'
As the only major release of the weekend, its theatrical footprint was equally impressive playing on 400 IMAX screens, over 900 'premium large format' screens and over 2,500 3D screens.
This recommitment to theatrical comes after Disney sent several Pixar films straight to its streaming service, Disney+, over the pandemic including Soul, Luca and Turning Red. Last month, the New York Times reported that Pixar had decided to return its focus to feature films (and not producing shows for Disney+) and that it had laid off 14 percent of its workforce (about 175 employees).
'As important as this weekend is for the industry at large, for Pixar this is huge. They've been trying to get their groove back since the pandemic,' Dergarabedian said. 'They've really come back big.'
Second place went to Sony's Bad Boys: Ride or Die, now in its second weekend with $33 million, down only 42 percent from its opening. In just 12 days, it's already earned over $112 million domestically and $214 million globally. As of Friday, the four-film franchise had crossed the $1 billion mark.
Bad Boys' success last weekend was the start of a higher-earning turnaround for the lagging summer movie season. For Hollywood, the summer season, which runs from the first weekend in May through Labor Day, usually represents about 40 percent of the yearly box office. The deficit is still significant, with ticket sales down 28 percent for the summer and 24 percent for the year (and this is still before Barbenheimer) but it's progress in a more promising direction nonetheless.
'We're not going to get there overnight,' Dergarabedian said. 'But it´s good news for theaters. And we have some big movies on the way.'
Ayo Edebiri, a cast member in Inside Out 2, poses at the premiere of the film
Poehler provided the voice of Joy in the animated sequel
On the ground, theater owners saw their cineplexes come to life this weekend.
'It has been magical,' said Jeff Whipple, a vice president for Megaplex Theaters. 'We have seen literally generations of families brought together for this movie.'
Megaplex Theaters operates 15 locations and 173 screens in Utah and Southern Nevada. And the energy was palpable, Whipple said. Not only have families been hanging around after the showtimes to discuss the film; They've also been scoping out what´s coming next with kids taking pictures of the Despicable Me 4 posters and displays and dads taking note of the Deadpool & Wolverine date.
'I think word is going to spread on this film and help draw people into theaters throughout the summer,' Whipple said.