They were only off by about $31 million.
Sunday estimates placed the cartoon's earnings at $103.2 million, which amounts to a tremendous $23,609 per screen. It set a record for the biggest opening ever for a movie with an original screenplay (beating last year's "Inside Out," which debuted at $90.4 million).
How did "Pets" manage to collar that record and outperform expectations by so much? Here are six ways.
1. Illumination Knows Their Audience
2. Execution
It helps that "Pets" cast comic all-stars that grown-ups like, including Louis C.K. and Kevin Hart, neither of whom has ever done animation before. Not because they were likely to bring their respective adult fanbases to the theater, but because they know funny.
The performers, the script, and the visuals all delivered, at least according to both critics (who rated "Pets" 76 percent fresh at Rotten Tomatoes) and ticketbuyers, who graded the film an A- at CinemaScore. That means word-of-mouth after Friday's record-setting opening ($38.3 million, the best first day for a non-sequel animated film) was strong enough to sell the film for the rest of the weekend.
3. Distribution
Playing on 4,370 screens, "Pets" enjoyed the widest release of any animated film in history. Although, at $23,609 per venue, it could have played on 500 fewer screens and still beaten "Inside Out's" record.
4. Competition
And yet, "Dory" didn't dent "Pets" at all. In fact, this was one of those rare rising-tide-lifts-all-boats weekends at the multiplex. The other new wide release of the weekend, R-rated comedy "Mike and Dave Need Wedding Dates," was expected to open low, at around $12 million, but it came in fourth with an estimated $16.6 million. This even though it was competing for the same viewers as "Central Intelligence," still strong in its fourth weekend with an estimated $8.1 million.
5. Animation
Speaking of talking animal cartoons, audiences can't get enough of them. Before this weekend, four of this year's top-earning movies fit that pattern -- "Dory," "Zootopia," "Kung Fu Panda 3," and "The Angry Birds Movie." And "Pets" has already earned more in three days than "Angry Birds" has earned since it opened in mid-May.
6. Saturation
Clearly, Universal has been betting on "Pets" to be its next big animation franchise. Before the film even opened, the studio announced it was building a "Pets"-inspired theme park attraction. It ought to be ready for visitors before the inevitable "Pets" sequel comes to theaters.
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