It was projected to be the number one film at the box office this weekend, with movie industry pundits predicting a bigger debut than the smash hit Hannah Montana movie last year. While The Jonas Brothers: 3D Concert Experience did well, finishing out the weekend at number two – it was not quite the blockbuster everyone thought it would be. In fact, when compared to last year’s Miley Cyrus 3D movie, it’s a bit of a disappointment. Turns out that not every 12-year-old girl in the country wants to see these guys in all their 3D glory.

A funny thing happened on the way to Jonas Brothers world domination: a second-place finish.
Jonas Brothers: The 3D Concert Experience grossed an estimated $12.7 million Friday-Sunday, failing to live up to the multimedia hype, and failing to unseat Tyler Perry’s Madea Goes to Jail as the No. 1 movie at the weekend box office.

Shockingly, the Jonases’ movie not only didn’t live up to initial projections, it didn’t live up to downwardly revised estimates following its underwhelming Friday debut.

What happened?

“That’s kind of what we’re trying to figure out,” Exhibitor Relations’ Jeff Bock said today.

Exhibitor Relations and other box-office trackers figured on the Disney release to dominate the weekend with a $30 million Friday-Sunday gross. Rival studios mostly stayed out of the Jonases’ way—a sign that they, too, believed the band’s movie would be big.

Then came opening day. The movie grossed an estimated $4.8 million, tops for the day, but barely enough to hold off the week-old Madea Goes to Jail. Exhibitor Relations now figured the movie was on track for a $17 million weekend.

Then came Saturday. Instead of improving on Friday’s gross, as family films like the G-rated Jonas effort almost always do, its take dropped, to an estimated $4.5 million.

Today, the film is expected to gross $3.4 million. At this point, Bock said he wouldn’t be surprised if the film failed to meet that benchmark, too. And if it does—fail to meet the benchmark—the movie is in danger of falling to third place in the weekend standings behind the Oscar-boosted Slumdog Millionaire, which currently stands in third place, with $12.2 million.

If all this explains how the movie underperfomed, then the larger question remains: Why did it underperform?

A few theories:
1. It’s Hannah Montana’s fault. The $30 million estimate didn’t come out of thin air, it was based on what Disney’s Miley Cyrus 3D/IMAX concert movie did in its opening weekend, which was $31.1 million—and on half as many screens (683) as the Jonas Brothers film (1,271).

As it turned out, there might have been a couple of big overlooked differences between Cyrus and the Jonases.

“The Jonas Brothers don’t have a TV show,” Box Office Mojo’s Brandon Gray said today. Bock argued for the gender gap. “Those tween girls are looking up to girls, not boys, for their source of inspiration,” he said.

2. It’s the recession’s fault. The Cyrus movie was released in February 2008, before the economic meltdown. And while the downturn hasn’t yet hurt Hollywood overall—attendance is up 11 percent over this time last year—the jury’s out on pricier 3D and IMAX movies. Over the Martin Luther King Jr. Day holiday weekend, it was the 2D Paul Blart: Mall Cop that dominated, not the 3D My Bloody Valentine, which performed solidly, but not as big as expected.

“People aren’t shilling out top dollar for these like they were a year ago,” Bock said.

3. It’s the Jonas Brothers’ fault. On cable, their Camp Rock was big, but not as big as High School Musical 2, nor as hearty as the original HSM. At the box office, their concert film was big for a concert film (third-biggest opening of all-time, per Box Office Mojo stats), but not even half as big as Hannah Montana/Miley Cyrus.

“The Jonas Brothers did not live up to the hype,” Gray said. “They were treated like the second coming of the Beatles, and they’re not.”

[From E!Online]

I’m torn on this one. I was giddy to learn that The Jonas Brothers movie might make a million less dollars than they’d anticipated – possibly preventing these little goody-two-shoes snots from buying a new Ferrari, or -gasp!- skimping on the hair products. But I was dismayed to find out that the movie responsible for knocking them out of the number one spot was yet another piece of Tyler Perry garbage. Madea Goes to Jail? Really? Is that what people are spending their hard-earned money on this weekend?

Kevin Jonas, Joe Jonas, Frankie Jonas and Nick Jonas are shown at the premiere of their movie on 2/24/09. Credit: WENN