It’s official: 2016 is the summer of scary movies.
New Line Cinema and Warner Bros. made another big win this weekend with PG-13 horror movie “Lights Out.”
Made on a small production budget of just $5 million, the movie more than quadrupled that with its hugeย $21.6 million opening in 2,818 theaters. To compare, it narrowly beat Fox’s “Ice Age: Collision Course” sequel, produced for 21 times more than the scary movie with a big $105-million budget.
“It’s friggin’ awesome,” saidย Jeff Goldstein,ย Warner Bros. Executive Vice President of domestic film distribution. “Whenever you can gross more than four times your budget on the domestic opening weekend, that’s a grand slam home run,” he told TheWrap.