Will High School Musical 3 Make a Ton of Money?
I was over at Box Office Prophets the other day and came across an article/discussion on High School Musical 3, examining the box office fortunes of the upcoming Disney film. I hadn’t really given it much thought, but the analysts at BOP – whom I consider to be right more often than not, at least when it comes to estimating revenues – raised the interesting question: just how much money will High School Musical 3 make?
The first one was a big hit on television, and the second was a downright monster, with 27 million people tuning in when it debuted. Disney, wisely, has decided to transfer the film to the big screen, where they can actually make some real money off of it. But just how much?
As BOP points out, the potential box office for High School Musical 3 is anyone’s guess, though the analysts who took the conversative route and suggested under $50 million on opening weekend were pretty much ridiculed. On the high end, one went as far to suggest it could make $100 million in its opening weekend. Thus, middle-of-the-road estimates were around $70 million. $70 million! For High School Musical 3? In its opening weekend?
God, it’s so hard to tell. BOP is right, in that there is mad demand for the franchise. They may well be right. But logically, I just can’t see $70 million worth of people going to theaters on opening weekend to see an overly cheerful, colorful, poorly written and poorly acted piece of theater. And if they do, I still won’t understand. I made the mistake of watching High School Musical 2, and it was one of the most terrible things I had seen in a long time. I understand that parents want their kids to watch something wholesome and harmless, which the High School Musical franchise is, but the songs are just so annoying and poorly choreographed that I just don’t get it.
Either way, I hope BOP is wrong, but now I am very, very nervous at the prospect that High School Musical 3 will, indeed, be a box office monster.