The story centers on Witherspoon’s character - a mother of two who unexpectedly has three young men come to live with her following a recent separation from her husband. The $15 million project was directed by Hallie Meyer-Shyer, the daughter of Nancy Meyers, who also worked on the film as a producer. The Reese Witherspoon-led romantic comedy should earn $9 million this weekend from 2,940 locations. That leaves Open Road’s “ Home Again” trailing far behind. The rest of the cast includes youngsters Jeremy Ray Taylor, Sophia Lillis, Finn Wolfhard, Wyatt Oleff, Chosen Jacobs, Jack Dylan Grazer, Nicholas Hamilton, and Jackson Robert Scott in supporting roles.
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The movie comes courtesy of Argentine director Andy Muschietti, who is known for the 2013 horror film “Mama.” Bill Skarsgard stars as Pennywise the Clown, who terrorizes young children in Derry, Maine.
“If we were able to find more films in this genre, we’d be thrilled to make them,” he said. Goldstein said the genre is one that New Line particularly excels in, and there is potential to see more horror in the future if the right story comes along. Horror films often have lower budgets than other more CGI-dense blockbusters, so the return on investment has potential to be massive. That’s a huge win for a movie with an estimated $35 million production budget. In addition to its domestic grosses, the horror hit is expected to pull in $62 million from 46 markets overseas, giving “It” a $185 million global debut. When it comes to R-rated movie launches, “It” falls only to “Deadpool,” which changed the game in 2016 with a massive $132.4 million opening. This, during a weekend when Hurricane Irma threatens huge portions of Florida and Georgia, which could dent attendance by as much as 5%. “It’s” opening is mostly unprecedented, crushing the record for largest September debut set by “Hotel Transylvania 2” in 2015 with $48.5 million, and the biggest opening weekend banked by a horror or supernatural film - “Paranormal Activity 3” earned $52.6 million in 2011. About two thirds of the audience has been over 25 years old. Its gender breakdown is reportedly 51% female and 49% male.
“It” earned a fresh rating on Rotten Tomatoes of 87% and a B+ CinemaScore.
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