‘Fantastic Beasts 3’ Falls 67% As ‘Batman’ Suffers HBO Max Hit

In residual news for the weekend, Sonic the Hedgehog 2 placed second with $15,225 million (-48%) in the third weekend, bringing the 17-day total to $145.8 million. It’s right behind Uncharted ($145.9 million) and Sonic the Hedgehog ($148 million) among video game films, so it will surpass that milestone (and become the first video game film to reach $150 million) in a matter of days. This still looks like a domestic over/under $185 million settlement, which would be a “breakout sequel” – a decent 25% gain. After crossing $155 million, it will be left behind grave robber ($131 million in 2001/212 million adjusted) among video game films in inflation-adjusted domestic revenue. I don’t have an overseas update yet, but the film has definitely crossed $255 million worldwide, hopefully setting the stage for a global “triple your $110 million budget” finish.

Fantastic Beasts: The Crimes of Grindelwald plunged 67% in the second weekend, which is honestly on par with later Harry Potter sequels that unlock more money in each opening weekend. The three prequels of The Wizarding World earned $14 million, bringing the ten-day domestic total to $67,127 million. Barring a miracle, the Eddie Redmayne-led third-period fantasy won’t break $100 million domestically. However, it held up well overseas with $38 million (-44%) of new foreign revenue of $216 million and a total of $280 million worldwide. A $200 million budget (thanks in part to the Covid outbreak) may still end up with a face-saving global $400 million in revenue, but $375 million seems more likely. Regardless, especially with most of the narrative strand wrapped up like an arc, I can’t imagine this proposed five-part franchise not retroactively becoming a trilogy.

Once again, sleeper smash A24 Everything, Everywhere at Once continues to fill me with false hopes and unrealistic expectations for the future of the Covid era theater. Forget the “normal ancestry rate” I discussed Friday, this one brought in $5,425 million (-12%!) on a new $26.9 million in revenue over 31 days. It will pass $30 million domestically next Sunday and could (emphasis on “could”) end up being over $40 million eventually. Action comedy Michelle Yeoh/Ke Huy Quan/Stephanie Hsu/James Hong will be A24’s fourth biggest film in a day or three (all because Witch and Moonlight) and possibly threatening Hereditary ($44 million), female bird ($49 million) and Uncut Gems ($50 million). Daniel Kwan and Daniel Scheinert’s $25 million fantasy multiverse is going to be a big hit with this gross in non-Covid times, let alone now.

Sandra Bullock and Channing Tatum’s Lost City e earned $4.37 million (-30%) in its fifth weekend. That would give the original $70 million $85.3 million a total of 31 days and a possible path to a $100 million-plus domestic total. That’s especially true with the coming summer with almost nothing explicitly aimed at mature women. I don’t know what Paramount is doing right after making so many mistakes over the past six years, with Best Weapon: Maverick opens next month, but I hope Brian Robbins can continue what Jim Gianopulos has started. Sony Stu dad earned $3,325 million (-38%) in its second weekend for a total of $13.9 million over 12 days. Ambulance will generate $1.81 million (-55%) for a total of $19.2 million over 17 days. You can atone for your sins by paying over $20 when this Michael Bay gem hits PVOD this weekend.

Morbius would make $2.25 million (-52%) in its fourth weekend for $69 million domestically and $156 million worldwide. Even on a $75 million budget, that stinks. In Sony’s better news, Uncharted has $393 million worldwide. Finally, Batman lost 731 theaters and grossed $1.5 million (-60%). It’s still a huge hit with $368 million domestically and $759 million worldwide. However, the loss of theaters, a flood of competition on all sides and the debut on HBO Max last Monday all contributed to the big drop. If this continues, it will probably buck the trend we’ve seen since then Quiet Place part II where a hit film arrives “early” in PVOD and/or streaming it has no impact on the theater box office. I’m inclined to debate the combination of the three versus completely blaming HBO Max, but we’ll see.

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