Steven Spielberg returns to the summer frame with Disclosure Day, the season’s biggest question mark, while the holdovers keep the top 10 unusually deep — Obsession simply refuses to drop — and Michael finally launches in Japan with $1B in its sights.

Disclosure Day
#1
Opening Weekend · Universal Pictures · PG-13

Disclosure Day

Directed by Steven Spielberg · $115M budget
$40–47M
Our Prediction
A small breakout upward on presales

Spielberg’s name is certainly a draw, but we haven’t seen that play out in his last few films — West Side Story stalled at a final of $38M domestically and The Fabelmans was more of a specialty play at $17M. Disclosure Day is a more classic Spielberg film, though, where his name should be more of a commercial play this time around.

The opening range here could have been anything from as low as $20M if buzz and reviews didn’t pan out to as high as $80M if it really exploded — but the lower end was always more likely, and we had it in the $30s in our long-range tracking. The good news is we’re seeing a small breakout upward on presales and tracking, to the point where a debut in the $40s looks increasingly likely — a good result for an original story with a not-too-high $115M price tag. Reviews are strong (~83% on Rotten Tomatoes, with praise for Emily Blunt and John Williams’ score), and we still need to see where word-of-mouth lands, but this is starting to look comparable to Ready Player One, which opened to $41.8M in 2018 and legged to $137.7M. It’s not a given it gets those kinds of legs unless it turns out to be a real crowd-pleaser, but if it can open a bit higher in the mid-$40s it should leg to a total over $100M quite easily, possibly closer to $120M. A $50M open is also in play but may be just out of reach in the end. Worldwide still remains a big question mark for a new story, so we’ll see where that lands.

Obsession
#2
Week 5 · Focus Features · R

Obsession

$161M domestic · biggest Focus Features release ever
$21M
Our Prediction
Still #1 on weekday grosses in week 5

Second place could be a battle between a steep second-weekend drop for Scary Movie 6 and another strong hold for Obsession — and we’d give the edge to Obsession right now, as it’s been back on top of the charts on weekday grosses (wild for a fourth-week title), with drops in the low teens. A quick recap on the record-breaking run so far: it opened to $17.2M four weekends ago, then went up +39% in its second weekend and +14% in its third, before easing only -7% last frame to a $25M fourth weekend. It’ll be sitting close to $170M going into this weekend, where we expect the drop to be small again and settle just above $20M. Obsession hits around $190M by Sunday domestically as it continues its climb, with the target now at $250M. Worldwide could end around $350M, which is phenomenal for a film made for $750K and acquired for $15M.

Scary Movie 6
#3
Week 2 · Paramount Pictures · R

Scary Movie 6

$64M domestic · opened to $54.3M
$13–17M
Our Prediction
Scream fell 69% earlier this year

Last weekend’s champion gets a hard lesson in horror-comedy math. Scary Movie 6 opened to $54.3M but carries a C+ CinemaScore and a 33% Tomatometer, and the genre’s second-weekend gravity is unforgiving. Scream dropped 69% earlier this year, so expect something in the 65–75% range here too — a weekend total of $13–17M and a new domestic cume around $85M, on the way to roughly $110M total. That’s about double the opening weekend, a weak 2x multiplier.

Backrooms
#4
Week 3 · A24 · R

Backrooms

$143M through Tuesday · A24’s $10M-budget hit
$13M
Our Prediction
Holds tightened to ~50% after the week-2 cliff

Backrooms crosses into its third weekend at $148M after that steep -68% second-weekend cliff. The weekly holds have been better since, around 50%, which could be the same story this weekend — another ~$13M frame keeps it gliding toward the $170–180M range domestically and maybe $300M worldwide, easily 2.5–3x higher than where anyone had it before the summer. A24’s $10M-budgeted hit is a huge home run.

Masters of the Universe
#5
Week 2 · Amazon MGM Studios · PG-13

Masters of the Universe

$34.7M domestic · $170M budget
$11–12M
Our Prediction
The first true bomb of the summer

And then there’s Masters of the Universe, which underwhelmed with $29M last weekend. If it can hold decently this weekend it could still find its way to a respectable $80–90M, but we’re seeing it fall short of that, with a total more likely in the $70–80M range. Expect around a 60% slide to $11–12M and a $50M cume. International launched soft last weekend too, so overall this looks to be under $150M worldwide as a final off a $170M budget — the first true bomb of the summer, even if it turned out (on reviews and audience reactions) to be a pretty fun time at the movies.

The Mandalorian & Grogu
#6
Week 4 · Disney / Lucasfilm · PG

The Mandalorian & Grogu

$158M domestic · $258M worldwide
$5M
Our Prediction
Another ~50% drop — ~$170M finish

The Mandalorian & Grogu should drop another 50% or so for a ~$5M weekend and a $157M domestic total as it shoots for a $170M finish. Worldwide won’t save this one, but it should at least top $300M — a different level than Masters of the Universe, even if it’s still a financial disappointment.

Michael
#7
Week 7 · Lionsgate · PG-13

Michael

$357M domestic · $898M worldwide
$5M
Our Prediction
Japan opens — $1B in sight

Japan finally launches this weekend (another ~$5M domestically) — a huge market for MJ that should be just what this film needs to get to the $1B mark. It may not quite make it there this weekend, as Japan tends to open smaller and leg out longer, but we should see it get close and cross $950M by Sunday. At that point it’s only a matter of time before it passes Oppenheimer and crosses $1B to become the biggest biopic of all time — it already cruised past Bohemian Rhapsody last weekend.

Spielberg landed at #1 as expected, Obsession continues to shine with another small drop, and last weekend’s holdovers both crater on their second weekends.

#1
Opening Weekend · Universal Pictures · PG-13

Disclosure Day

$44.0M opening · $115M budget
$44.0M
Opening Weekend
B CinemaScore · ~$120M finish

Disclosure Day opened at #1 with $44.0M, Spielberg’s best domestic debut in years and comfortably above the $30s that tracking saw it at before it started to pick up pace in the last few weeks. It’s coming in right in the middle of our prediction range and a few million above Spielberg’s Ready Player One, which ended up with a $137M final domestic total. That might be out of reach for Disclosure Day based on word of mouth and reviews being solid but not great, with a B CinemaScore and an 80% Tomatometer. That being said, unless it falls off a cliff next weekend, $100M+ looks good here and this is a solid result for an original film with a $115M budget. Our model sees the movie finishing around $120M; but we’ll see how that shifts after the second weekend. International was also solid at roughly $50M, pushing worldwide near $94M.

#2
Week 5 · Focus Features · R

Obsession

$188.4M domestic · 10.95x legs
$19.0M
Weekend Gross
-25% · $188.4M total

At #2 and still having bigger weekends than its opening, Obsession fell just 25% in its fifth weekend to $19.0M and now stands at $188.4M domestic as it gets ready to shoot past $200M and aims for a $250M total, if it can keep up the trajectory it’s on. For reference: Barbie, which opened to a huge $160M on its opening weekend, had a 5th weekend just barely higher than Obsession. Legs now are at an insane 10x opening weekend and still growing. Worldwide is now at $260M and looks likely to end somewhere between $350M–$400M. We keep saying this but it’s hard to overstate just how unprecedented this box office run is.

#3
Week 2 · Paramount Pictures · R

Scary Movie 6

$84.6M domestic · -73% drop
$14.5M
Weekend Gross
-73% · $84.6M total

Scary Movie 6 came back to earth hard, dropping 73% to $14.5M — one of the steepest second-weekend falls of the year and right where we saw it hitting in our weekend preview. After a franchise-record $55.0M debut, the C+ CinemaScore is doing exactly what we feared, and the legs are imploding. It’s now at $84.6M and will clear $100M easily, but don’t expect it to go too much higher than that as we see it ending at around $105M or so. That’s still a strong result and it’s also already at $135M worldwide, it’s just a pity that the one dropped off so hard. We’ve seen what crowd-pleasing films can do for depth in the top 10 — with Michael, Project Hail Mary and Obsession all proving that in the last few months. When movies stick around and leg out, it really helps keep the overall box office healthy. Scary Movie 6 is on the opposite end: a great opening weekend that we need for a strong box office, but basically not much else after the first 2 weekends and should be out of the top 10 rapidly.

#4
Week 3 · A24 · R

Backrooms

$160.0M domestic · A24 record
$11.3M
Weekend Gross
-57% · $160.0M total

Backrooms held its A24 all-time record and crossed $160.0M domestic in its third weekend, down 57% to $11.3M. It’ll overtake Mandalorian sometime in the next week or so and should still be looking at a final total of around $180M domestically. Worldwide sits around $237M as it stretches its already commanding lead as A24’s biggest movie of all time.

#5
Week 2 · Amazon MGM Studios · PG-13

Masters of the Universe

$46.7M domestic · $170M budget
$8.67M
Weekend Gross
-71% · $46.7M total

Masters of the Universe dropped 71% in its second weekend to $8.67M and a $46.7M domestic total after two weekends. While we expected Scary Movie to drop big, this one fell harder than we thought it would. It now looks likely to end up at around $65M or so and maybe double that worldwide. Off a $170M budget, this is now officially a bomb.

#6
Week 4 · Disney / Lucasfilm · PG

The Mandalorian & Grogu

$165.1M domestic · $300M+ worldwide
$4.7M
Weekend Gross
-53% · $165.1M total

The Mandalorian & Grogu fell 53% to $4.7M in its fourth frame, reaching $165.1M domestic. Worldwide is over $300M and while this is a disappointing total and the lowest-grossing Star Wars movie, it’s not an outright bomb by any means (though profitability remains a stretch still). To keep making more movies in the franchise, they’ll need to find a way to improve the grosses to a more sustainable level.

#7
Week 8 · Lionsgate · PG-13

Michael

$362.8M domestic · $932M worldwide
$4.1M
Weekend Gross
$362.8M total · chasing $1B

Michael keeps marching — down 46% to $4.1M in weekend eight, now at $362.8M domestic. Worldwide, it now sits at $932M, as it keeps its sights set on the $1B mark.

#9
Opening Weekend · Lionsgate · R

The Furious

$2.75M opening · 97% Tomatometer
$2.8M
Opening Weekend
A CinemaScore · 1,251 theaters

Lionsgate’s Hong Kong action import The Furious opened to $2.75M from just 1,251 theaters, and the reception is outstanding — a 97% Tomatometer and a rare A CinemaScore for the genre. That’s a strong per-screen number; the ceiling is capped only by its limited footprint.