Stop blaming E.T. for The Things failure.
People really need to stop blaming my dude E.T. I keep seeing this argument come up, yes, E.T. was a huge hit and The Thing had stiff competition but other films managed well enough.
Poltergeist came out one week before E.T and made bank. Poltergeist was in it's fourth week when The Thing opened and was above it on the box office charts for that week. The Thing couldn't oust a month old Poltergeist.
Rocky III and Star Trek III also opened before E.T. yet finished higher than The Thing in it's opening week.
E.T. is irrelevant.
https://www.boxofficemojo.com/weekend/1982W26/?ref_=bo_rl_table_1
Poltergeist held strong in it's sixth through eigth weeks whilst The Thing and Blade Runner started petering out. Poltergeist and others (Star Trek, Rocky, Firefox, Annie) had legs and endured the E.T. wave. The Thing and Blade Runner fell of a cliff.
https://www.boxofficemojo.com/weekend/1982W28/?ref_=bo_we_nav
https://www.boxofficemojo.com/weekend/1982W29/?ref_=bo_we_nav
https://www.boxofficemojo.com/weekend/1982W30/?ref_=bo_we_nav
How come E.T. didn't kill off Poltergeist, Star Trek & Rocky?
Poltergeist bodied The Thing, it's as simple as that. Poltergeist was the marquee Horror film of 1982. It was a commercial hit and was nominated for academy awards and BAFTAs whilst The Thing struggled commercially and was nominated for a Razzie.
Stop blaming lovley little E.T. and start facing the facts that another Horror film ruled the roost in the summer of 82.
For the record I'm a big fan of both films, it just seems odd that everyone talks about E.T. and doesn't mention Poltergeist. The other Horror film that was in cinemas at the time.