Daily Debrief: ‘Justice League’ fails; ‘Thor: Ragnarok’ dominates; Universal’s coffers swell
Warner Bros. Pictures is wiping away its tears after the shambolic performance of Justice League at the box office, with the studio having revealed earlier this week that it’d scooped up a whopping $5 billion in worldwide receipts. Impressive, but the company remains focused on what comes next – an arguably wise move.
The Avengers-style superhero outing scooped up a meager $750,000 at the domestic box office on Monday, once again overshadowed by the success of Pixar’s Day of the Dead inspired flick Coco. It’s looking ever more likely that it’ll ends its domestic run with a paltry take of around $240 million, rescued for the most part, by international markets. The production budget which ballooned to epic proportions, lengthy reshoots, a super-sized campaign, and a less-than-stellar critical reception, all played a part in its inevitable downfall. It’s almost shocking, but Justice League is on track to become the most expensive box office bomb of the past twelve months. Yeesh!
Elsewhere, superheroes are all the rage, and Marvel is continuing to hammer its way to success. Not that you’d expect anything else, right? Taika Waititi’s Thor: Ragnarok, a comedic take on the neon-fuelled Norse God, has surpassed Wonder Woman at the international box office. No easy task, with Amazonian-in-not-so-much-spandex having whipped up a total haul of $821.7 million. But the space viking threequel managed to squeeze into the lead, ending its run on top with a staggering $833.7m.
Disney’s Spider-Man: Homecoming is the real winner though, slinging into the lead with $880.2 million worldwide. It’s another sign of complete and total Disney domination, with the company having revealed it had smashed past the $5 billion threshold at the international box office for the third time running. That’s without factoring the forthcoming release of Star Wars: The Last Jedi into the equation, expected to make the Kessel Run in less than twelve parsecs, and primed to pull in $200 million during its domestic opening this week. The Mouse isn’t appeased easily, though, and has his oversized-hands around the neck of the Murdoch brothers, seeking to expand his galactic empire with the purchase of 21st Century Fox.
Universal Pictures has achieved similar success, having announced that it’d also smashed through the $5 billion mark at the international box office. The bragging rights weren’t dependent on superhero flicks, in this case, however. Instead, Universal has The Fate of the Furious and Despicable Me 3 to praise for its earnings, both having poured more than $1 billion into its coffers. Jordan Peele’s breakout racially-charged horror flick Get Out also struck a chord with moviegoers, bringing in an impressive $254 million worldwide after being produced on a budget of $5m. We bet they’re absolutely thrilled, especially considering the reboot of The Mummy franchise decomposed upon arrival, putting the fate of its Dark Universe into question.