‘The Conjuring’ Could Scare Up $25 Million At The Box Office This Weekend

The Conjuring is expected to scare up quite a bit of business at the box office this weekend.

Although predictions for this week’s new releases aren’t looking good, Warner Bros. and James Wan’s R-rated horror picture is expected to rise to the top of the pack.

According to Variety, industry insiders suggest the Insidious director’s latest fright flick could generate around $25 million in ticket sales. This might be enough money to trump the other summer movies that are also vying for your entertainment dollar.

However, The Conjuring could face some stiff competition from director Dean Parisot’s Red 2 and the Ryan Reynolds animated flick Turbo. The star-studded sequel to the 2010 action flick Red is expected to bring in around $20 million over the weekend. It could be a close race.

Turbo was off to a lukewarm start with $6 million in receipts on Wednesday. Unfortunately for the $130 million DreamWorks Animation flick, it’s only expected to bring in $35 million during the first five days of release.

While these numbers are certainly softer than those posted by other summer movies, at least these big-screen endeavors stand to make a bit more money than Robert Schwentke’s R.I.P.D.. Comic Book Movie reports that the expensive Universal action flick will only earn approximately $15 million from curious moviegoers.

The Men in Black-inspired endeavor reportedly cost the studio an estimated $130 million to produce. This means Universal Pictures could have a serious summer flop on its hands when all is said and done. The folks behind the ill-fated Lone Ranger adaptation can certainly relate.

Of course, you probably shouldn’t feel sorry for the folks at Universal. The studio has made a considerable amount of money off The Purge and Fast and Furious 6. Unfortunately for Ryan Reynolds, it would seem his box office star isn’t shining as brightly as he and his handlers had hoped.

Are you planning to catch The Conjuring in theaters this weekend? Do you think James Wan’s latest horror flick will reign supreme at the box office?

[Image via Warner Bros. Pictures]