Box Office Breakdown for Weekend of 8/25/24
BO Breakdown 8/25/24
What’s up, Geeks + Gamers? It’s ODIN!
Alien: Romulus Has a Decent Hold as the Crow Remake Flops
As the summer box office winds down, there is both good news and bad news for modern Hollywood. Starting with the good news, Alien: Romulus saw only a 61% drop in its second weekend domestically, which, though not the best of holds, is more than enough to put it on track to make a decent profit by the end of its run and likely to break even by the end of next weekend. With a second weekend total of roughly $225,439,383 worldwide, we can now project that Romulus will end its run with between $322,056,261 and $450,878,766 globally. This means the movie will likely make between $60-$130 million in net profits. The fact that Alien: Romulus is being panned by some of the most ardent fans of the Alien franchise and still doing well shows that there is a clear disconnect between hardcore fans of certain IPs and the general moviegoing public. One cannot deny, however, that had the movie made a few different narrative choices, we could instead be talking about one of the biggest films of the summer. When you lose those hardcore fans, you also tend to lose the viewers who are more likely to see a movie multiple times in theaters. In the current market of high ticket prices, inflation making people more cautious about how to spend their money, and a pool of Hollywood movies with very few gems to speak of, this is a huge lost opportunity.
Now, for the really bad news: it is time to shift our focus to the remake of The Crow. Not only was this a film that no one in the fandom was asking for, but it also apparently didn’t represent the story of the original film or the source material very well either. One of the many problems with this release is the fact that someone in Hollywood thought remaking a film that was not able to make its money back at the time (but found success later on home video, which helped make it a cult classic for many) was somehow a good financial investment. As someone who was not a huge fan of the original (I did not see the film until much later in life), I was quite puzzled as to how the remake was ever greenlit. Regardless of one’s opinions on either film, however, the fact that the 2024 version only made $4.6 million in its domestic opening and, as of the writing, has not had its international numbers released yet (never a good sign) means that it is destined to become yet another massive flop for the summer of 2024. Due to a budget of roughly $50 million, the film currently sits at around -$72,470,000 in net losses. Having bad word of mouth, in addition to the much lower-than-expected opening weekend, means that we can expect The Crow to lose well north of $50 million by the end of its run… which will likely not last very long, either.
According to the-numbers.com, the top five this weekend domestically were:
- Deadpool & Wolverine (39% drop in 5th weekend)
- Alien: Romulus (61% drop in 2nd weekend)
- It Ends With Us (50% drop in 3rd weekend)
- Blink Twice ($7.3 million as a new release)
- The Forge ($6.6 million as a new release)
Deadpool & Wolverine and Inside Out 2 Continue to Dominate
The battle between the domestic totals of Inside Out 2 and Deadpool & Wolverine is almost over. Comparing the current domestic total of Deadpool & Wolverine to where Inside Out 2 was at the same point of its release gives the edge to Deadpool by only about $6 million. Remember that after the massive opening weekend of Deadpool & Wolverine, that film had well over a $50 million advantage that Inside Out 2 has slowly been able to chip away. I would not be surprised to see Inside Out 2 take the lead (for good) sometime this week or, at the latest, by the end of next weekend.
This battle doesn’t really matter in the grand scheme of things, however, since both movies are making Disney hundreds of millions of dollars individually, but it was still quite fun to track since a rated-R film almost never wins against a PG flick. At the end of the day, Deadpool & Wolverine is still looking to end its domestic run comfortably north of $600 million. The biggest advantage for Inside Out 2 is its international total, which, this weekend, has officially crossed over $1 billion. The mainstream media might run with a bit of a flawed narrative, saying that this is the first animated movie to do so (without adjusting for inflation or anything else), but it is still a huge win for the film, no matter how one slices it. With six new releases set to open wide next weekend for the extended Labor Day holiday schedule, we will likely have a few new films to talk about. Do not be surprised, however, to see both Inside Out 2 and especially Deadpool & Wolverine remain in the conversation.
Check out my YouTube channel for the latest box office HERE.
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.)
