Box Office: Disney’s “Strange World” Bombing

“Black Panther: Wakanda Forever” The Thanksgiving holiday box-office continued to be dominated by the sequel. The sequel to the Marvel superhero franchise earned $10 million in Wednesday’s box office. Marvel and Disney are expected to release approximately $63 millions over five-days, beating all competition.

Another Disney movie “Strange World,” The film is doing well, with a shocking $4.2 million in Wednesday’s gross. It now hopes to make a total of just under $24million for its five-day run. That’s a terrible result for the $180 million-budgeted animated adventure. Here’s a comparator. “Encanto,” another recent Disney animated offering, earned $40.3 million over the Thanksgiving holiday in 2021 — and that was considered to be a soft result for the family film. “Encanto” didn’t really tap into the zeitgeist It was only until Disney+ started streaming it. When “We Don’t Talk About Bruno” It became a commonplace.

Among the other newcomers, Sony and Black Label Media’s “Devotion,” An inspirational drama about two US Navy fighter pilots that grossed $1.8 Million. It’s looking at a five-day haul of $10.2 million.

MGM and United Artists Releasing’s “Bones and All” It is struggling to expand, with an estimated $900,000. This story about young cannibals falling in love will earn them $4.3 million during the 5-day period. The film was released in limited quantities last weekend.

And Steven Spielberg’s “The Fabelmans” On Wednesday, $400,000 was acquired after the expansion of four theaters to 600. The semi-autobiographical look at the filmmaker’s early years should earn $3 million over the Thanksgiving holiday.

Searchlight’s “The Menu” Earned $1.1 Million and could make $8 million during the holiday. The horror comedy’s domestic total stands at $12.4 million. Warner Bros. and DC’s “Black Adam” On Wednesday, the film earned $660,000 and has a holiday goal of making $4 million. The superhero film’s domestic total stands at just under $160 million.

It’s a pretty dark picture for the film business, which has been in a slump since mid-summer and is still grappling with the aftershocks of COVID closures. It looks like the holiday box office will be down 10% from last Thanksgiving. Tickets sales reached an all-time high of $142 millions. These numbers were far below the post-pandemic results. For instance, in 2019, the Turkey Day frame brought in $263.3 millions. There was some good news for the exhibition business. News broke Amazon is expected to invest $1 billion in 12 to 15 films that will be released in cinemas. Amazon has been ambivalent about embracing cinemas or focusing solely on its streaming services. The announcement has boosted exhibitors’ stock prices.

A silent assistant could help theater operators. “Glass Onion: A Knives Out Mystery,” the follow-up to Rian Johnson’s hit 2019 whodunit. However, Netflix isn’t reporting grosses for the movie, which is playing in 600 North American cinema.

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