Friday, October 30, 2009

Dismantling a Bomb - Saw VI


Last weekend, Saw VI stumbled out of the gate with a poor $14.1 million opening, a worse start than the very first Saw! Let's take a look at the previous Saw performances:

Movie - Opening Weekend (% Change from Previous Movie) / Total (% Change)
Saw - $18.3 million / $55.2 million
Saw II - $31.7 million (+73%) / $87 million (+58%)
Saw III - $33.6 million (+6%) / $80.2 million (-8%)
Saw IV - $31.8 million (-5%) / $63.3 million (-21%)
Saw V - $30.1 million (-5%) / $55.2 million (-13%)
Saw VI - $14.1 million (-53%) / ~$26 million (-53%)

Quite the dropoff from Saw V. I think this fallout was caused by a combination of various marketing reasons. Competition-wise, the Saw series has had the Halloween time frame all to itself (with the exception of the first, which competed against The Grudge). This year, Saw VI had to content with Paranormal Activity, a movie most general moviegoers picked between the two choices because of Paranormal's big buzz of being "the scariest movie ever." There has also been some big dropoffs of audience reception to the past Saw's. Take a look at the Yahoo average user grades:

Saw - B
Saw II - B+
Saw III - B
Saw IV - B
Saw V - B-

Saw VI's marketing was noticeable a lot weaker as well. The posters weren't as clever with the Saw traps, nor was the tagline and marketing message ("Saw comes full circle" vs. Saw V's "You won't believe how it ends"). 

So overall, the combination of competition, previous movies' shrinking reception, and weaker marketing all led to the massive 53% dropoff from Saw V. Of course, Saw VI will still be profitable with its $11 million budget and one would have to expect some sort of dropoff after 6 films in just 6 years. It is still a big disappointment that few truly expected. 

Note: Saw VI's current user grade on Yahoo is at a B+, which could bode well for the series' future, when next year Saw VII debuts in 3D.

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