IT Becomes Highest-Grossing Horror Film in the USA

Posted 2017/09/22 0 0

Just after being in theaters for three weeks...

 

After three weeks in theaters, Warner Bros./New Line’s “It” has passed “The Exorcist” to become the highest grossing horror movie of all time. Originally released in 1973 and followed by two director’s cut re-releases, The Exorcist earned $232.9 million domestically. On Thursday, It earned $3.9 million for a total of $236.3 million in North America, per Box Office Mojo.

Early estimates indicate that the film should make another $30 million USD this weekend, although bumped from the number one spot by Kingsman: The Golden Circle – for a total haul of $265-270 million USD. Many industry insiders predict that the final tally will exceed $300 million USD which would make It only the fourth R-rated film to reach that benchmark – joining The Passion of the Christ, Deadpool and American Sniper.

“It” is directed by Andres Muschietti (“Mama”) and stars Bill Skarsgard as Pennywise, along with a kid-heavy cast the includes Jaeden Lieberher, Jeremy Ray Taylor, Sophia Lillis, and Finn Wolfhard. The movie follows a band of outcast teenagers as they battle a sinister force that’s terrorizing their town.

The film cost an economical $35 million to produce and pushed past “The Exorcist” after just two weeks of release. Although New Line has yet to officially announce the It sequel, with reports suggesting the studio could be looking to split the final film, it’s no surprise that a script is already in the works for part two. It was announced earlier this month that Gary Dauberman, who co-wrote the first film, will return to write the sequel with director Andrés Muschietti expected to return behind the camera.

The summer has been a very lucrative one for Warner Bros. which not only produced and distributed IT and the season’s top-grossing film Wonder Woman, but Annabelle: Creation, the latest film entry in The Conjuring Universe. The film was teetering on breaking the $100 million domestic barrier Monday with $99.8 million in ticket sales, so it should easily pass the benchmark once Tuesday’s numbers are released.

Comments