Saturday, March 16, 2024

Global Box Office Performance: Barbie vs. Oppenheimer

As I previously wrote here, Barbie and Oppenheimer could be credited with saving the summer box office with their late season appearance (the two movies together adding $1 billion that turned what had been up to that point, for all its richness in big releases, a lower-grossing summer than its predecessor).

Both films were also impressive performers internationally, and thus globally. Still, they were far from identical in that respect. Domestically Barbie made about twice what Oppenheimer did ($636 million vs. $329 million)--but internationally the gap was a lot narrower, Barbie making just about a quarter more than Oppenheimer ($809 million vs. $628 million), a much smaller margin, with Oppenheimer's performance coming so close the more impressive given its lack of any marketing hook to compare with association with a famous Mattel toy, greater demands on the viewer's attention, disturbing and downbeat subject matter, and more "adult" rating with its implications for accessibility (an R rather than a PG-13 movie in the U.S., with this probably not very different anywhere).

Going by those ticket sales it does not seem to me unreasonable to say that, compared with the North American audience, the international audience was relatively much more interested in Oppenheimer--with this reaffirmed when one compares how the film did in many a major market. In France, Germany, Italy Oppenheimer was just marginally behind Barbie (by a tenth or less); while in China Oppenheimer came out far ahead (almost reversing the pattern seen in North America, as there Oppenheimer outgrossed Barbie by almost two to one).*

The result is that while it would be an extreme exaggeration to deny that Barbie managed to "travel well" (there is no arguing with an $800 million gross here), Oppenheimer did relatively much better abroad than here, a fact that seems to warrant a good deal more consideration than the matter has generally been given in the press amid all its cheerleading for Greta Gerwig's movie in particular. One plausible hypothesis is that Barbie's concerns and viewpoint were more distinctly American (and even more than that, distinctly of the very limited portion of the American public represented by the mainstream of the media)--and those of Oppenheimer of more genuine interest for the world public.

* The grosses of Barbie and Oppenheimer were, respectively, $44 million to $43 million in France, $57 million to $51 million in Germany, $$33 million to $30 million in Italy, and $35 million to $62 million in China.

No comments:

Subscribe Now: Feed Icon