Tuesday, July 16, 2024

The Prospects of Deadpool & Wolverine: An Update

A few weeks ago reports of a likely $200 million opening for Deadpool & Wolverine got the entertainment press talking--that kind of thing still very impressive for an R-rated movie even pre-pandemic, and that much more spectacular now. Subsequently Boxoffice Pro's first long-range forecast confirmed the expectation (more or less), and has since reaffirmed it in the two updates the site has published since (the last one as of the time of this writing still projecting $180 million-$200 million for the debut).

In contrast with the way the estimates crumple in the weeks before opening for so many movies (most spectacularly, in the case of the ballyhooed The Flash back in June 2023, as expectations of a $115-$140 million opening already thought disappointing in light of the hype fell to one of $60-$80 million that itself proved overoptimistic), the expectations for the third Deadpool movie (and kajillionith Wolverine movie) are holding up, with very little way left to go.

The result is that, barring a profound upset at the last minute, the question is not whether the movie will open big (even a significant drop from the $200 million figure would still be reason for those cheerleading for Deadpool's success to feel good), but how the film's legs will hold up. Will this be a case of the interested all coming out at the outset and the movie's revenue falling hard in the coming weeks, or will the movie get a good multiplier for that debut? And, moving beyond the undeniable North American interest in the movie, will this movie do as well internationally, and so give Disney-Marvel something to really celebrate?

One way or the other we will learn the answers to those more difficult questions over the next month.

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