Friday, February 17, 2023

Top Gun 2 vs. Avatar 2: A Note

In 2022 fans of Top Gun crowed at the reception to the sequel, with some justification. The movie was the #1 hit of the year at the North American box office.

But it was a different story in the global market, where Avatar 2 has been the biggest hit, by a long way. At this point the sequel seems likely to finish with a take about fifty percent higher than Top Gun: Maverick ($2.2 billion+ versus the other film's $1.5 billion), with the difference overwhelmingly made by the international market. (Avatar 2, closing in on $1.6 billion outside North America, made more than twice as much as Maverick in the international market, and more in those markets than Maverick made altogether.)

It is a reminder that, even as the world economy seems to be fragmenting, the international markets still matter--and that Hollywood will come out ahead offering movies with broad global appeal, with Avatar arguably the easier sell worldwide than the flag-waving Top Gun.

The principle would seem to apply elsewhere, with a Chinese film industry offering up jingoistic action-adventure and war movies playing well at home (Wolf Warrior 2, The Battle at Lake Changjin), but probably not helping Chinese film very much in its reaching that bigger, global market, adding obstacles to a path already cluttered with them.

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