ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html. under which this service is provided to you. China’s movie industry already makes plenty of splendid medieval epics along the same lines as Mulan, and Disney’s remake didn’t offer anything especially new. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change. This is likely due to a confluence of factors. Meanwhile, the likes of Godzilla: King of the Monsters ($135 million), Alita: Battle Angel ($133 million) and Pokémon: Detective Pikachu ($93 million) struggled against the Marvel machine.
While the official studio number is $20.2 million over the course of four days, in truth that North American total included previews throughout that week in the U.S., as well as more than a week of box office grosses in Canada.
Mulan grossed $5.9 million from nine countries in its international opening weekend, including $1.2 million in Thailand and $700,000 in Singapore, both of which were the highest debuts of 2020 in the respective countries. As the end of 2020 draws near, studios still haven’t figured out a sustainable way to bring their most expensive blockbusters to audiences.
News | Submit a letter to the editor or write to letters@theatlantic.com. With $37 million worldwide and still-unknown PVOD numbers (it’s been hovering between fifth place and tenth place on Disney+’s trending titles list) along with mixed word, what looked at the beginning of the year like one of Disney’s biggest 2020 grossers is probably going to be a financial bomb. While Warners’ Tenet didn’t suffer quite as grim a development as U.S. senators suggesting one of their film productions was cozying up to a government committing human rights atrocities, Tenet has still failed to jumpstart theatrical moviegoing in the U.S. in the way director Christopher Nolan intended. Rampant piracy and early bad reviews hampered the film's success before it even debuted. Daily | David Crow is the movies editor at Den of Geek.
The simple fact is that no major studio has been nimble enough to get around the pandemic’s biggest obstacles. Conversely, while Mulan was the biggest movie at the Chinese box office this past weekend, by Sunday it had lost that perch on the daily scale to local blockbuster The Eighth Hundred. But Mulan stumbled—its grosses dropped a disastrous 72 percent in its second weekend in China.". Who does A.I. Yet Tenet proves the box office marketplace remains far from healthy and will likely stay so until the pandemic is under better control in the U.S. Von Christoph Petersen — 07.09.2020 um 11:00 FB facebook TW Tweet
Related: Mulan: What Disney+'s Live-Action Remake Does Better Than The Animated Original It's difficult to say if Mulan was a box office success for Disney or a failure, like the much maligned live-action remake Dumbo, which premiered in 2019 to a disappointing opening box office of $45 million domestically.Despite the mixed reviews and controversy surrounding the movie, Mulan … Conditions of Use That number could plausibly tick up above $400 million as the fall wears on, which would be a huge win for Warner Bros., given the circumstances. Additionally, China has produced their own movies about the Mulan legend for a century, including the relatively recent hit Mulan: Rise of the Warrior (2009). All rights reserved. As with Warner Bros.’ release of Christopher Nolan’s Tenet, which has had its own difficulties, Mulan’s mediocre release had many complicating factors. Despite Disney targeting the lucrative market of China, Mulan is set to make less than half of 2019's The Lion King at the Chinese box office. Showdowns. Even so, the film needs to make far more than $90 million to cover its budget, so the overseas release was crucial. Powered and implemented by Interactive Data Managed Solutions. Even so, the film needs to make far more than $90 million to cover its budget, so the overseas release was crucial. In America, the studio decided to offer the film only to Disney+ subscribers for an extra $30. All Rights Reserved, This is a BETA experience. Because Disney released the film exclusively on its own platform, it gets to keep all of that money, as opposed to having to split it with cinemas or with companies such as Apple and Amazon. But over the next five years, Monster Hunt ($385 million in 2015), The Mermaid ($550 million in 2016), Wolf Warrior II ($854 million!! company.
During its second weekend at the North American box office, Tenet grossed only an estimated $6.7 million.
Altogether, it makes for one more slight suffered by what once appeared to be a global box office juggernaut for Disney.
A report from Yahoo suggested that a shocking 9 million Disney+ users had streamed the studio’s Mulan remake in its first 12 days of release, translating into a gross of $261 million.
Mulan debuted in China with $23.2 million in its opening weekend, with little hope that the film would leg out beyond the often-standard 2x-2.2x multiplier for Hollywood releases.
By the end of 2018, Venom had grossed $262 million and Aquaman had earned $298 million. By around 2017/2018, Chinese moviegoers were less likely to flock to an American blockbuster that seemed sanded down for Chinese consumption (Skyscraper) and were showing up for either pulpy China/Hollywood co-productions like The Meg or unapologetically foreign offerings like Coco, Ready Player One, Zootopia and India’s Dangal. Follow me at @ScottMendelson and "like" The Ticket Booth on Facebook. wouldn’t necessarily be chasing Chinese box office with any additional fervor. All Rights Reserved. It also made $800,000 in both the United Arab Emirates and Saudi Arabia. In 2017), Detective Chinatown 2 ($575 million in 2018) and The Wandering Earth ($692 million in 2019) changed the landscape in terms of what Chinese moviegoers could expect from non-Hollywood biggies. Mulan ran headfirst into China’s “shot entirely on IMAX” war epic The Eight Hundred ($380 million-and-counting), which was less nationalistic (it’s somewhat critical about rich men sending poor men to die for symbolic victories) than the Hollywood action melodrama. Hollywood knows how to function in only one way anymore, and that has made the industry devastatingly vulnerable this year. Swing states, COVID, and the Electoral College: Why Trump’s odds of winning are better than they seem, It’s official: Obama’s first-term stock market performance beats Trump’s by a wide margin, CA Notice at Collection and Privacy Notice, http://www.djindexes.com/mdsidx/html/tandc/indexestandcs.html.
Lack of interest.
If Disney can make that kind of money without American theaters, does it need American theaters at all?
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