Arthouse Audit: 'Grandma' Grabs Big Second Week, 'Phoenix' Continues to Rise

Arthouse Audit: 'Grandma' Grabs Big Second Week, 'Phoenix' Continues to Rise
There is some good news. Sony Pictures Classics' "Grandma" expanded well and IFC's German import "Phoenix" is building strong word-of-mouth success. But overall business is off. Last year's equivalent late-August weekend boasted six specialized films grossing over $500,000 in their later weeks. This year had none. And no new openings topped a $10,000 per theater average. Four more Sundance 2015 films opened this week. Only Brazil's "The Second Mother" (Oscilloscope) hit theaters alone, with three other entries ("Z for Zachariah," "Turbo Kid" and "Zipper") going into parallel video on demand release. Of the roughly 50 films released so far from the Park City lineup, 20 (40%) have been multi-platform (a handful went out one or two weeks after their theatrical openings). "Zipper" (Alchemy) with Patrick Wilson did around $8,000 in 17 theaters. Radius/Weinstein's Danish "When Animals Dream,"...
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