Weekend Box Office Review 7-1-16 to 7-3-16/ Weekend Preview

        Here are the weekend domestic box office results for the weekend of 7-1-16 to 7-3-16 as well as my 5 key takeaways, as well as my predictions for the top 5 films at the box office this weekend. So without further ado...

Box Office Totals courtesy of boxofficemojo.com

TW	LW	Film	Studio	Weekend	# of Theaters	Total Domestic Gross	Weeks
1	1	Finding Dory	Walt Disney Pictures/ Pixar Studios	$41,817,17	4,305	$372,166,778	3
2	-	The Legend of Tarzan	Warner Bros.	$38,527,856	3,561	$38,527,856	1
3	-	The Purge: Election Year	Universal Pictures	$31,515,110	2,796	$31,515,110	1
4	-	The BFG	Walt Disney Pictures	$18,775,350	3,357	$18,775,350	1
5	2	Independence Day: Resurgence	20th Century Fox	$16,718,966	4,091	$72,876,039	2
6	3	Central Intelligence	Warner Bros.	$12,512,353	3,166	$91,949,427	3
7	4	The Shallows	Sony Pictures	$8,777,190	2,962	$35,028,837	2
8	6	Free State of Jones	STX	$4,140,510	2,781	$15,206,221	2
9	5	The Conjuring 2	Warner Bros.	$3,835,983	2,008	$95,269,521	4
10	7	Now You See Me 2	Lionsgate	$2,958,764	1,788	$58,698,209	4

1. Finding Dory once again  took the number spot despite having some very stiff competition. 

2. Despite overwhelmingly positive reviews, The BFG didn't even make $20 million on it's opening weekend and it's on pace to lose the studio a lot of money considering it only made a little over $4 million in other territories and it had a $140 million production budget with probably about a $35 million marketing budget which means the mean needs to make a little over $400 million to break even.

3. Independence Day: Resurgence dropped like a rock as it dropped over 30% more than Independence Day did in it's second weekend back in 1996.

4. The biggest loser of the weekend was Independence Day: Resurgence which made 59.3% less than it did last weekend and there was no biggest winner of the weekend.

5. I went 2 for 5 on my predictions.

Predictions
1. The Secret Life of Pets $45 Million
2. Finding Dory $22 Million

3. The Legend of Tarzan $20 Million
4. The Purge: Election Year $14 Million

5. Mike and Dave Need Wedding Dates $12 Million

        So ladies and gentlemen what do you think of this weekend's box office totals and what are some of your takeaways? Let me know in the comments section below and let your voice be heard.

                                                                                                                           Jonah Sparks