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AP TechnologyQwen · 实盘不做把握 8/10不做原因:风险收益比不佳
北京时间·🕒 发布 01:02:59(美东 09-13 13:02)·⟳ 抓取 16:24:40 +15h21m·⚡ 决策 09-14 16:32:58 +8m18s·43.0 天前

AP报道:《Practical Magic 2》首周末北美票房3000万美元登顶,但对发行方上市公司而言增量微不足道

事件本身可信(AP 一手娱乐报道)但属单片票房软催化:3000万美元首周末对发行方市值/营收增量可忽略,不构成盈利或指引的预期差;院线方与跨市场产业链均无实质因果敞口。无任何方向明确、materiality 成立且可执行的交易腿,故按无正期望 AVOID,未消耗行情/先例检索。

📄 原文AP Technology↗ 原文
'Practical Magic 2' conjures a No. 1 box office debut with $30 million
'Practical Magic 2' tops box office with $30 million | AP News Enable accessibility 0 Menu World SECTIONS Iran war Russ…
不做 华纳兄弟探索(发行方上市主体,拆分后代码待核验)(WBD.US)
单片首周末约3000万美元票房对发行方属超大市值软催化:相对其年营收与市值增量在千分之一以下,无盈利/指引预期差,消息已在周日下午全行业公开、无信息优势;同时拆分后影视主体代码与归属未经核验,无法定位干净的可交易敞口。不构成 LONG,也不构成强空催化(票房登顶本身不是负面事实),故不做。
不做 北美院线及跨市场影视/IP/衍生品产业链(N/A)
一部中等体量续集的3000万美元首周末不会改变 AMC/Cinemark 等院线的季度上座率与业绩指引;A股/港股亦无任何上市主体被证实存在该片的出品、发行、版权或衍生品敞口,二阶映射的因果链无法坐实,无标的可交易。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

结论摘要

一条 AP 娱乐口票房快讯:《Practical Magic 2》首周末约3000万美元登顶。该量级相对发行方(华纳兄弟/WBD 级别)的年营收与市值属千分之一以下的软催化,既无盈利增量也无预期差,院线与跨市场产业链同样无实质敞口,因此不存在可交易标的。

🔎 新鲜度:最早出现 2026-09-13 · 扩散 high · price-in 风险 high ↗

主要风险

  • 若后续披露该片首周末显著低于映前 tracking,可能被解读为发行方内容表现的边际负面,但量级仍不足以支撑方向性交易

先例如何影响了这次决策

对本次决策的影响:对最终结论无影响:AVOID 的理由建立在增量微不足道与无可交易敞口,而非先例统计

方向:未做先例检索:单片票房快讯对超大市值发行方无 materiality,历史同类事件(中等体量影片首周末登顶)在发行方股价上普遍无可测反应,先例统计不会改变做/不做结论

涨幅量级:无对齐先例可用于校准 tp/sl;本次不出交易腿,故不需要幅度标定

形态:不适用(无交易腿,无需评估见光死/高开低走)

原文全文

展开原文 · 40,777 字
'Practical Magic 2' tops box office with $30 million | AP News
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Entertainment
‘Practical Magic 2' conjures a No. 1 box office debut with $30 million
‘Practical Magic 2' conjures a No. 1 box office debut with $30 million
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This image released by Warner Bros. Pictures shows Nicole Kidman, left, and Sandra Bullock in a scene from “Practical Magic 2.” (Warner Bros. Pictures via AP)
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This image released by Warner Bros. Pictures shows Joey King, left, and Maisie Williams in a scene from “Practical Magic 2.” (Warner Bros. Pictures via AP)
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This image released by Warner Bros. Pictures shows director Susanne Bier, left, with Sandra Bullock, on the set of “Practical Magic 2.” (Warner Bros. Pictures via AP)
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By
JONATHAN LANDRUM JR.
Updated 2:01 AM GMT+8, September 14, 2026
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LOS ANGELES (AP) —
“Practical Magic 2"
conjured a box-office victory this weekend, opening atop the North American charts nearly three decades after its predecessor grew from a modest theatrical performer into a cult favorite.
The Warner Bros. sequel starring
Sandra Bullock and Nicole Kidman
earned an estimated $30 million from 4,146 theaters, according to estimates Sunday from Rentrak. The film knocked
“Spider-Man: Brand New Day”
out of the top spot after the superhero blockbuster led the domestic box office for
six consecutive weekends.
“Practical Magic 2” added about $16 million from 77 international markets, giving it a worldwide opening of approximately $46 million.
The debut landed at the low end of Warner Bros.’ projected range of $30 million to $35 million. The Susanne Bier-directed film carries a reported $75 million production budget.
“It’s the kind of movie that you can build an evening at the movie theater around with your friends,” said Paul Dergarabedian, the senior media analyst for Rentrak.
This image released by Warner Bros. Pictures shows Joey King, left, and Maisie Williams in a scene from “Practical Magic 2.” (Warner Bros. Pictures via AP)
License this photo
Read More
Dergarabedian said the return of Bullock and Kidman was crucial to rekindling interest after such a long gap between films. He said the bigger test will come next weekend, when the sequel faces little direct competition.
“It’s not necessarily about that opening weekend,” he said. “Weekend two will tell the tale, no question about it.”
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“Practical Magic 2” reunites Bullock and Kidman as sisters Sally and Gillian Owens, members of a family of witches whose love lives have long been haunted by an ancestral curse. The sequel finds them trying to end the curse for good and introduces a younger generation of the Owens family, played by Joey King and Maisie Williams. Lee Pace also joins the cast.
This image released by Warner Bros. Pictures shows Nicole Kidman, left, and Sandra Bullock in a scene from “Practical Magic 2.” (Warner Bros. Pictures via AP)
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Read More
The film is adapted from the work of author Alice Hoffman and arrives 28 years after the original “Practical Magic.” The 1998 film topped out at $46 million during its initial domestic run but gradually developed a devoted following through home viewing, streaming services and social media.
The latest film received
two out of four stars
from The Associated Press, whose review said the sequel abandons some of the campy fun that helped the original find an unlikely second life, but is buoyed by the strong performances and chemistry of Bullock and Kidman.
“Spider-Man: Brand New Day” slipped to second with $8.4 million, a 54% drop from the previous weekend. The Sony and Marvel blockbuster starring
Tom Holland
has now collected roughly $935.2 million domestically.
That puts the film within about $1.4 million of the $936.6 million North American total for 2015’s “Star Wars: Episode VII — The Force Awakens” and the top spot on the all-time domestic chart.
“Think about this movie opening at the end of July, and here we are in the middle of September,” Dergarabedian said. He expects Sony to keep the film in theaters as it pursues an unprecedented $1 billion in unadjusted domestic ticket sales.
Christopher Nolan’s
“The Odyssey”
followed in third with $7.4 million during its ninth weekend. The Universal Pictures mythic epic, starring Matt Damon as Odysseus, has crossed $600.5 million domestically and $1.68 billion worldwide.
The movie also passed 2015’s “Jurassic World” to become Universal’s highest-grossing global release. It has also collected a record $506 million from IMAX screens worldwide, accounting for 30% of its global total.
Dergarabedian said the staying power of “Spider-Man: Brand New Day” and “The Odyssey,” which both opened in July, demonstrates the range of films moviegoers are willing to embrace.
This image released by Sony Pictures shows a scene from “Spider-Man: Brand New Day.” (Sony Pictures via AP)
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“People aren’t just looking at the movie theater as the home for the traditional cookie-cutter blockbuster,” he said. “They’re looking at the movie theater like they do almost as a streaming service, where there’s this incredible array and mix of genres, stars and types of films.”
“Runner” opened in fourth place with $6.6 million. The Angel Studios action-comedy stars Alan Ritchson as a former soldier who joins forces with an unlikely partner, played by Owen Wilson, to complete an organ delivery while being pursued by a ruthless cartel.
Directed by Scott Waugh, “Runner” opened in more than 2,500 North American theaters.
Ketchup Entertainment’s
“Coyote vs. Acme”
rounded out the top five, collecting $6.2 million in its third weekend. The live-action and animated Looney Tunes feature has now earned about $47.8 million domestically.
In sixth place, “Buddy” brought in $3.5 million during its third weekend, pushing its North American total to $21.3 million.
Sony’s
“Insidious: Out of the Further”
followed in seventh with $3.35 million. The latest installment in the long-running horror franchise has generated roughly $60.5 million domestically and $155.2 million worldwide after four weekends.
The South Korean science-fiction thriller “Hope” opened in eighth with $3.3 million from 1,560 locations. Directed by Na Hong-jin, the monster epic stars Hwang Jung-min, Zo In-sung and Hoyeon and centers on a remote village thrown into chaos by the arrival of a mysterious creature.
“The Uprising,” directed by Paul Greengrass and starring Andrew Garfield, debuted in ninth with $3.25 million. The Focus Features historical action drama follows an uprising of commoners against the tyranny of King Richard II in medieval England.
“By Any Means”
finished 10th with $2.5 million in its second weekend.
Domestic box-office revenue for the year stands at $7.5 billion, up 19.2% from the same point in 2025.
“What a great summer, a record-breaking summer and a solid start to the fall,” Dergarabedian said. “It’s not like we had a blockbuster debut like we did last year with ‘Demon Slayer,’ but a solid start to a fall movie season that I think will deliver for sure.”
This image released by Warner Bros. Pictures shows director Susanne Bier, left, with Sandra Bullock, on the set of “Practical Magic 2.” (Warner Bros. Pictures via AP)
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Top 10 movies by domestic box office
With final domestic figures being released Monday, this list factors in the estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Rentrak:
1. “Practical Magic 2,” $30 million.
2. “Spider-Man: Brand New Day,” $8.4 million.
3. “The Odyssey,” $7.4 million.
4. “Runner,” $6.6 million.
5. “Coyote vs. Acme,” $6.2 million.
6. “Buddy,” $3.5 million.
7. “Insidious: Out of the Further,” $3.35 million.
8. “Hope,” $3.3 million.
9. “The Uprising,” $3.25 million.
10. “By Any Means,” $2.5 million.
JONATHAN LANDRUM JR.
Landrum is an entertainment reporter based in Los Angeles. He reports on television, film and music for The Associated Press.
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