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Solo: A Star Wars Story Will Be A Money-Loser For Disney
When Solo: A Star Wars Story debuted well below expectations over Memorial Day weekend, it was hard not to echo the immortal words of Han Solo before the walls of the trash compactor closed in: "I got a bad feeling about this." That concern bore out this past weekend when Solo suffered a 65% drop weekend-to-weekend, with its domestic box office total still behind Rogue One's domestic opening weekend. This all adds up to a result that would have seemed unfathomable after Star Wars: The Force Awakens' brought the franchise back with a bang in 2015: a Star Wars film will lose money. More specifically, Solo will lose $50+ million for Disney.
That Solo was underperforming was clear, but this puts a point on just how much that underperformance is going to cost. According to The Hollywood Reporter, that $50 million estimate comes from Wall Street analyst Barton Crockett, but industry financing sources believe that Solo's failure could cost $80 million or more when the bill comes due. In its first two weeks in release, Solo has accumulated $148.9 million domestically and $264.2 million worldwide. However the film's budget was at least $250 million (possibly more), and that's before the multi-million dollar expenditure on marketing. It isn't looking likely that Solo will top much more than $400 million worldwide, which simply isn't enough to cover the coaxium it took to get this ship moving in the first place.
Up to this point, no Star Wars film in the Disney-Lucasfilm era has failed to crack $1 billion worldwide. That Solo may not even make half of that is truly shocking and even the most ardent of skeptics would have been truly prescient to have predicted a performance like this. It is possible that this throws into qeuestion the potential Solo sequels and Disney's release strategy. Needless to say, Disney will need to reevaluate the direction of the Star Wars franchise and consider how best to carry this property forward and what characters should do so. The next year and a half until Episode IX will be very interesting to see what's announced, what's cancelled and if any clear changes are made to prevent another disappointment like Solo.
Fortunately, the Disney Mouse doesn't keep all its cheese in one place and will be just fine. The studio is coming off a banner year with its Marvel properties like Black Panther and Avengers: Infinity War, with Ant-Man and the Wasp still to come, as well as other titles like Incredibles 2. So Disney will be just fine and despite this high-profile miss, and so will Star Wars.
Solo: A Star Wars Story is in theaters now. If you haven't seen it yet give it a shot, you just might like it. To learn about all of Disney's upcoming films, check out our guide, and for all the latest in why there's no such thing as a sure thing, stay tuned to CinemaBlend.
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Home 2018 December 17 Mortal Engines Reviews Are In, Here's What The Critics Think feel free to call us +646-389-3981 info@mmnofa.com admin , December 17, 2018 December 17, 2018 , Entertainment , 0
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While Terminator 6 certainly could have worked well as a late summer release, if Paramount did indeed push the movie back for production-related reasons, it worked out. The November-December
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On Movies: At the Theater, a GameFAQs message board topic titled "Venom Just Passed Wonder Woman And Spider-Man At The Box Office".
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So I feel vindicated by science but I think it was super fun to see people rib us about it. Continue Reading Rawson Marshall Thurber Interview >> The post Yes, 'Skyscraper' Director Rawson Marshall Thurber Knows It's "Die Hard in a Building" [Interview] appeared first on /Film.
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Bradley Cooper nailed his directorial debut, the fourth remake of the movie A Star Is Born. Cooper also starred in the film alongside Lady Gaga, and they melted all of our hearts. Of course, making a movie this big comes with a lot of behind-the-scenes secrets and interesting facts.
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