Gravity and 4 Films That Are Making Box Office Headlines

Warner Bros.’ (NYSE:TWX) space epic Gravity barely missed a beat in its second weekend en route to $44.3 domestic for a second straight week of box office dominance. But the success of Gravity didn’t necessarily impact the box office success of the weekend’s other big release, Sony’s (NYSE:SNE) Captain Phillips, which came out slightly above analyst projections.

Here’s a look at the weekend’s box office.

1. Gravity (Warner Bros.) — $44.3 Million

(Source Warner Bros.)

In its second week of release, Warner Bros.’ Gravity only slipped 20 percent from its record-breaking October opening of nearly $56 million to $44.3 million. Gravity, which stars Sandra Bullock and George Clooney as two astronauts forced to rely on each for survival after satellite debris destroy their space shuttle, has now grossed $123.4 million domestic in its two weeks of release.

The box office performance of Gravity has been strong enough to push Time Warner Inc.’s Warner Bros. studio to number one in domestic sales on the year, overtaking  Comcast Corp.’s (NASDAQ:CMCSA) Universal Pictures, which saw notable summer success with Despicable Me 2 and Fast & Furious 6. 

Featuring revolutionary 3D filmmaking techniques from director Alfonso Cuaron and a strong performance by Bullock, which has earned her the Hollywood Actress Award at this year’s Hollywood Film Awards amid strong Oscar-buzz, Gravity’s worldwide total now stands at $190 million with overseas expansion still to come. Coming in with a budget of $100 million, the sci-fi thriller is likely to repeat as number one at the box office for at least one more weekend amid strong word of mouth and a stellar critical reception.