Box Office Breakdown for Weekend of 11/17/24
What’s up, Geeks + Gamers? It’s ODIN!
Red One Set to be Another Massive Amazon BOMB
Just when it seemed like Amazon’s The Rings of Power would be the worst-performing product released by that corporation this year, the new Dwayne “The Rock” Johnson-led project called Red One showed up to say, “Hold my beer.” Costing an insane $250 million before any marketing costs are thrown into the mix, the film is sitting at roughly -$336,259,603 in net losses as of this moment… ouch. After being released a week early in the UK and other international markets, Red One was only able to dredge up about $34,073,449. Though this is in the upper range of box office projections going into the weekend, there is no denying that there simply is no theatrical audience showing up for this movie.
On Criticless, Red One currently has a 51% “Decent” score, with several more “Heinous” to “Decent” scores over anything higher. The general sentiment from everyone who has seen it is that it’s forgettable, by the numbers, and a waste of a lot of money on overblown CGI effects. Even if the movie gets a second life once it gets released on VOD and streaming, there just doesn’t seem to be any interest in the film. When your movie costs $250 million to produce, this is one of the worst outcomes it could have. Another thing worth noting is that the universally panned Joker: Folie à Deux currently has a $100 million advantage against Red One when comparing projected losses. While Joker: Folie à Deux is set to lose over $200 million, Red One is not as likely to get the massive international bump that that film got earlier in its release.
According to the-numbers.com, the top 5 this weekend domestically were:
- Red One ($34,073,449 as a new release)
- Venom: The Last Dance (54% drop in 4th weekend)
- The Best Christmas Pageant Ever (50% drop in 2nd weekend)
- Heretic (52% drop in 2nd weekend)
- The Wild Robot (35% drop in 8th weekend)
Heretic on Pace for Small Profit as The Best Christmas Pageant Ever Crashes Back to Earth
With the week-2 numbers finally in for Heretic and The Best Christmas Pageant Ever, we can project their likely final box office results. In the case of Heretic, my charting projects that, with a week-2 total of $25,418,660, it will end its run with between $36,312,371 and $50,837,320 at the global box office. This means that A24 is likely to get north of $10 million in net profit, which would be a huge win for them before making more on VOD and in Blu-ray sales, especially for a movie that likely only cost under $10 million to produce.
On the other hand, the magic for The Best Christmas Pageant Ever seems to have run out after an impressive and unexpected opening weekend performance that outdid many projections. Having only reached $19,952,121 after two weeks, I can project that the movie will make between $28,503,030 and $39,904,242 at the global box office (though it currently only has money being reported domestically and nothing noted for wide international distribution). This means that the movie will likely lose around $10 million unless it is able to improve down the stretch, especially with the Thanksgiving crowd being a little less than two weeks away. Though this will still likely be a loss for Lionsgate, the sad truth is that it is one of the best performances for that studio to come out this year.
If you want further analysis on these or any other films, check out the full charting I do over at my website. Have a wonderful rest of your day, and, as always, God bless!
(If you ever want further insight into my methodology, see my previous articles HERE and HERE and the RCC method I use to break down movies internationally HERE.)
Feel free to talk about the box office in the comments!
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