As of late Sunday (by which time, most of the period has passed and few surprises remain on these matters) Captain Marvel 2 was expected to take in $47 million on opening weekend--not the lowest figure predicted for it, but safely within the range Boxoffice Pro predicted before the weekend ($35-$49 million).
At least as of this point the film has not defied the expectations for it--and indeed the media is pretty gloomy about the movie (even as the claqueurs, being claqueurs, fall all over themselves declaring "I don't wanna hear about no superhero fatigue!"). Still, while it is almost impossible to picture this movie getting anywhere near the gross of the billion-dollar hit that was the original, as I have said before even relative successes are less front-loaded than they used to be--the possibility existing that decent legs will at least partially compensate for a weak initial reception. Indeed, while everything would pretty much have to go right for the movie after this point (the way they did for Elemental) for this to happen, it is not wholly out of the question that the movie will grind its way somewhere near the break-even point I previously suggested might be in the vicinity of $600 million.
The result is that how things go in the next two weeks will be worth watching for anyone following this story--while there may be some hope for the movie in the 84 percent Audience score at Rotten Tomatoes, and the relatively weak competition the movie can be expected to have through the coming holiday season.
Sunday, November 12, 2023
Friday, November 10, 2023
Disney Has Shaken Up its Release Schedule. What Will it Mean for the MCU?
Just recently the expectation had been that three Marvel Cinematic Universe (MCU) would be coming out in 2024--Deadpool 3, Captain America 4 and The Thunderbolts, with at least one of them snagging that first weekend in May that for decades has been monopolized by the MCU. (Originally it was supposed to be Captain America 4, but then they said it would be Deadpool 3, and then because the movie was not actually finished some said Captain America 4 again.)
According to Variety there will only be one--coming out in the next fourteen months--Deadpool 3, hitting theaters on that last July weekend before the traditional dump month of August (the same weekend Captain Marvel 2 was originally supposed to release on this year). Meanwhile Captain America 4 has been bumped to February 2025 and The Thunderbolts to that last weekend of July 2025.
Some of this is an unavoidable function of the delays imposed on these productions by the recent strikes. Still, one may wonder if, given the way the MCU has been doing lately--and the way that Captain Marvel 2 seems set to become a flop of historic, The Flash-like proportions, Disney-Marvel is not finding it in its interest to give the brand a breather and try to rebuild some good will with audiences. One can see the decision not to push back Captain America 4 to May 2024 but instead still have a belatedly released Deadpool 3 be the next movie as consistent with that logic. As Deadpool was originally not part the MCU franchise (it was spun off from FOX's X-Men films), and looks and feels different from the other films (in its R-rated "edginess," its having what Peter Biskind called the "first alt-right superhero"), many who are less than happy with the recent MCU films may still be enthusiastic about a new Deadpool movie, while the MCU's runners may hope that any good will that movie earns the franchise will carry over to the next MCU films--all as any disappointment with which Captain Marvel 2 becomes associated fades in the public's memory in at least some degree. Assuming I am right about this I think this is a very limited strategy--but admittedly the runners of the MCU, just like the rest of Hollywood, do not exactly have a lot of great options at this stage of the game.
According to Variety there will only be one--coming out in the next fourteen months--Deadpool 3, hitting theaters on that last July weekend before the traditional dump month of August (the same weekend Captain Marvel 2 was originally supposed to release on this year). Meanwhile Captain America 4 has been bumped to February 2025 and The Thunderbolts to that last weekend of July 2025.
Some of this is an unavoidable function of the delays imposed on these productions by the recent strikes. Still, one may wonder if, given the way the MCU has been doing lately--and the way that Captain Marvel 2 seems set to become a flop of historic, The Flash-like proportions, Disney-Marvel is not finding it in its interest to give the brand a breather and try to rebuild some good will with audiences. One can see the decision not to push back Captain America 4 to May 2024 but instead still have a belatedly released Deadpool 3 be the next movie as consistent with that logic. As Deadpool was originally not part the MCU franchise (it was spun off from FOX's X-Men films), and looks and feels different from the other films (in its R-rated "edginess," its having what Peter Biskind called the "first alt-right superhero"), many who are less than happy with the recent MCU films may still be enthusiastic about a new Deadpool movie, while the MCU's runners may hope that any good will that movie earns the franchise will carry over to the next MCU films--all as any disappointment with which Captain Marvel 2 becomes associated fades in the public's memory in at least some degree. Assuming I am right about this I think this is a very limited strategy--but admittedly the runners of the MCU, just like the rest of Hollywood, do not exactly have a lot of great options at this stage of the game.
Was an Expectation of a $250 Million Worldwide Gross Overoptimistic for Captain Marvel 2?
Back in May I estimated on the basis of the performance of prior Marvel Cinematic Universe films (and especially what seemed to me the closest point of comparison, Black Panther 2) that Captain Marvel 2 (The Marvels) would in real terms make half what the original did--some $600-$700 million globally.
However, the way big franchise films just like this one kept flopping over the summer had me increasingly considering (as I had, correctly, with Indiana Jones 5) the possibility of a Solo-like collapse for the MCU franchise with this movie. And when I saw Boxoffice Pro's first publicly released tracking-based estimates that was what seemed to have come to pass, such that I downgraded my estimate to the $250-$500 million range a month ago.
Of course, expectations for the film have only continued to erode since (with a $50-$75 million opening weekend now thought too high, the last estimate in the $35-$49 million range), and on that basis I recently broached the possibility that the film would fail to make even $100 million in the North American, domestic, market--doing even less well than the DCEU's The Flash. Should that nightmare scenario come to pass for the film it is possible that, should the domestic/international split for the film be the same as it was for the original Captain Marvel); or the foreign gross erode even more heavily in an era in which Chinese moviegoers will not be buying $150 million in tickets the way they did last time; the film's gross could easily fall short of the $250 million mark globally.
In other words, the movie will have grossed--not netted, grossed--less than the outlay for just the production, with the result a flop that even by this year's standards could mean hundreds of millions of dollars in losses. Still, as audiences are just now starting to see the film there remains the possibility that this movie, like so many others this year, will manage to surprise the box office-watchers--with, as I suggested in an earlier post, audiences liking what they see, and good legs partly redeeming a weak opening to make what (as with Elemental) looked like a sure flop a hit instead. For what it is worth it seems that audiences right now are being kinder to the film than the critics (even the "All Audience" score on Rotten Tomatoes 73 percent, against the 61 percent score the critics provided), but one way or the other we will probably have a pretty good idea of which way things will tend not much later than Thanksgiving weekend.
However, the way big franchise films just like this one kept flopping over the summer had me increasingly considering (as I had, correctly, with Indiana Jones 5) the possibility of a Solo-like collapse for the MCU franchise with this movie. And when I saw Boxoffice Pro's first publicly released tracking-based estimates that was what seemed to have come to pass, such that I downgraded my estimate to the $250-$500 million range a month ago.
Of course, expectations for the film have only continued to erode since (with a $50-$75 million opening weekend now thought too high, the last estimate in the $35-$49 million range), and on that basis I recently broached the possibility that the film would fail to make even $100 million in the North American, domestic, market--doing even less well than the DCEU's The Flash. Should that nightmare scenario come to pass for the film it is possible that, should the domestic/international split for the film be the same as it was for the original Captain Marvel); or the foreign gross erode even more heavily in an era in which Chinese moviegoers will not be buying $150 million in tickets the way they did last time; the film's gross could easily fall short of the $250 million mark globally.
In other words, the movie will have grossed--not netted, grossed--less than the outlay for just the production, with the result a flop that even by this year's standards could mean hundreds of millions of dollars in losses. Still, as audiences are just now starting to see the film there remains the possibility that this movie, like so many others this year, will manage to surprise the box office-watchers--with, as I suggested in an earlier post, audiences liking what they see, and good legs partly redeeming a weak opening to make what (as with Elemental) looked like a sure flop a hit instead. For what it is worth it seems that audiences right now are being kinder to the film than the critics (even the "All Audience" score on Rotten Tomatoes 73 percent, against the 61 percent score the critics provided), but one way or the other we will probably have a pretty good idea of which way things will tend not much later than Thanksgiving weekend.
Writing, Editing and the "80/20 Rule"
Not long ago I remarked the rather miserable quality of the advice that we tend to get about writing and editing. Indeed, it seems to me that when it comes to editing we can often find better advice--even about editing prose--just looking at discussion of software editing.
Why is that? I suppose that it is that people generally don't think much of writing as a practical activity where "time is money" and deadlines press (even though they do for professional writers), but that they do think in such terms when considering software writing, and so discuss the matter more seriously.
The particular bit of this that I have in mind is the Pareto principle-derived "80/20 rule"--or rather, one particular form of it, holding that 80 percent of a software engineering team's effort on a project will have to do with just 20 percent of the piece of software, an extreme disproportion (the team putting in 16 times as much work, relatively speaking, on that part as the whole rest of the thing). In at least a broad way this principle seems to me to apply to work on prose as well, limited portions of a text likewise likely to suck up an extremely disproportionate share of the time and effort.
I might add that this becomes clearer in hindsight than in advance as those doing the work find themselves going over that bit again and again and again to get it right, or as close to right as they can, with even those who know that this kind of thing happens unpleasantly surprised when it does happen in a particular place and time (the more in as they may have hoped to get lucky and avoid it). The fact plays its part in so often making the start of a writing project a much more enjoyable thing than its end (how, as Winston Churchill put it, a book is a plaything at the beginning but eventually turns tyrant and monster), and the wretchedness to which the rewriting process so often ends--to say nothing of how often writers, like software engineers, find themselves running behind schedule, making the process that much more miserable.
Why is that? I suppose that it is that people generally don't think much of writing as a practical activity where "time is money" and deadlines press (even though they do for professional writers), but that they do think in such terms when considering software writing, and so discuss the matter more seriously.
The particular bit of this that I have in mind is the Pareto principle-derived "80/20 rule"--or rather, one particular form of it, holding that 80 percent of a software engineering team's effort on a project will have to do with just 20 percent of the piece of software, an extreme disproportion (the team putting in 16 times as much work, relatively speaking, on that part as the whole rest of the thing). In at least a broad way this principle seems to me to apply to work on prose as well, limited portions of a text likewise likely to suck up an extremely disproportionate share of the time and effort.
I might add that this becomes clearer in hindsight than in advance as those doing the work find themselves going over that bit again and again and again to get it right, or as close to right as they can, with even those who know that this kind of thing happens unpleasantly surprised when it does happen in a particular place and time (the more in as they may have hoped to get lucky and avoid it). The fact plays its part in so often making the start of a writing project a much more enjoyable thing than its end (how, as Winston Churchill put it, a book is a plaything at the beginning but eventually turns tyrant and monster), and the wretchedness to which the rewriting process so often ends--to say nothing of how often writers, like software engineers, find themselves running behind schedule, making the process that much more miserable.
Thursday, November 9, 2023
Captain Marvel 2 (The Marvels) Comes Out Friday. What Do the Predictions for the Movie's Opening Weekend Look Like?
Boxoffice Pro's first long-range forecast for the opening weekend of Captain Marvel 2 had the film debuting to a $50-$75 million gross.
Now, as might have been expected given the erosion of their expectations for the film in the subsequent weeks, with the weekend upon us, the high end of the range they project is below the low end of the range they announced a month ago--$35-$49 million.
Of course, as Boxoffice Pro published this figure as part of the weekend forecast, not a long-range forecast, they have not published a prediction for the film's overall run. However, they generally had in mind the movie making somewhere around two-and-a-half times its opening weekend gross (a typical figure for such movies until recently at least), which, when they still predicted a $45-$62 million opener, worked out to an estimate of $109-$156 million last week. Should we apply the same multiplier to the $35-$49 million opening weekend, then we would end up with the movie making somewhere in the range of $85 million and $125 million--in other words, plausibly falling short of the $100 million mark that even The Flash managed to breach, and making Ant-Man 3 look like a spectacular success by comparison.
Make no mistake--if this projection is accurate this is bad, for the movie, and for the Marvel Cinematic Universe to which it is so important. But is it accurate? Just a few days ago I attempted to chart out the most favorable scenario for which the film's backers could hope--that audiences actually like the movie, and good word of mouth gives it legs that partially redeem a weak opener, as happened to some extent with Guardians of the Galaxy 3, and as happened with that other Disney release Elemental especially. This could still happen--but to say it is likely would be another, different, thing, and it now seems a little less likely with the critics proving not at all kind to the movie. (Right now the Rotten Tomatoes score stands at 58 percent.) Of course, we have seen audiences prove much more favorable than critics to films this year that ended up performing above expectations--as with those video game-based hits The Super Mario Bros. Movie and Five Nights at Freddy's. (For the latter film the audience score is an approving 88 percent--against the appalling 29 percent score the critics gave it.) Still, The Marvels seemed to me unlikely to be that kind of critics-hate-it-but-viewers-love-it success (the more in as the critics have been so good to the MCU films over the years), leaving this movie that much longer and harder any road to success.
Now, as might have been expected given the erosion of their expectations for the film in the subsequent weeks, with the weekend upon us, the high end of the range they project is below the low end of the range they announced a month ago--$35-$49 million.
Of course, as Boxoffice Pro published this figure as part of the weekend forecast, not a long-range forecast, they have not published a prediction for the film's overall run. However, they generally had in mind the movie making somewhere around two-and-a-half times its opening weekend gross (a typical figure for such movies until recently at least), which, when they still predicted a $45-$62 million opener, worked out to an estimate of $109-$156 million last week. Should we apply the same multiplier to the $35-$49 million opening weekend, then we would end up with the movie making somewhere in the range of $85 million and $125 million--in other words, plausibly falling short of the $100 million mark that even The Flash managed to breach, and making Ant-Man 3 look like a spectacular success by comparison.
Make no mistake--if this projection is accurate this is bad, for the movie, and for the Marvel Cinematic Universe to which it is so important. But is it accurate? Just a few days ago I attempted to chart out the most favorable scenario for which the film's backers could hope--that audiences actually like the movie, and good word of mouth gives it legs that partially redeem a weak opener, as happened to some extent with Guardians of the Galaxy 3, and as happened with that other Disney release Elemental especially. This could still happen--but to say it is likely would be another, different, thing, and it now seems a little less likely with the critics proving not at all kind to the movie. (Right now the Rotten Tomatoes score stands at 58 percent.) Of course, we have seen audiences prove much more favorable than critics to films this year that ended up performing above expectations--as with those video game-based hits The Super Mario Bros. Movie and Five Nights at Freddy's. (For the latter film the audience score is an approving 88 percent--against the appalling 29 percent score the critics gave it.) Still, The Marvels seemed to me unlikely to be that kind of critics-hate-it-but-viewers-love-it success (the more in as the critics have been so good to the MCU films over the years), leaving this movie that much longer and harder any road to success.
Say it With Me: "Celebrities Do Not Write Their Own Books."
The celebrity memoir epitomizes the logic of publishers--selling the name on the book rather than its content, which is so often banal, and at any rate unlikely to be by the person whose name and face are on the cover anyway.
Why is that? The plain and simple answer is that while idiots do not realize or admit it writing is hard work and a demanding craft--especially at the level of producing anything remotely resembling a publishable book-length manuscript, or even a first draft of one, which is likely to be a very time-consuming activity. The pampered high school drop-outs who make up the Hollywood A-list are unlikely to have the skills to perform the task, the opportunity to go about it if they are constantly out in front of the camera as they seem to be, or the patience to endure the grind even if they really try their hand at it, especially when they can with much greater ease and profit spend their time shilling for their lines of crappy "wellness" products instead as they leave the writing to someone else.
Still, obvious as this all seems, the fact is rarely spoken--indeed, seems to me to be even less spoken than it was back when C. Wright Mills estimated in his classic White Collar that the chances of a book by a "prominent but non-literary" public figure actually having been written by that public figure as no better than "fifty-fifty," and that in an era in which I think it safe to say the odds of famous people really writing their own memoirs were probably a good deal higher than they are today (and this going all the more for the kind of famous people whose books make the lists).
Why is that? The plain and simple answer is that while idiots do not realize or admit it writing is hard work and a demanding craft--especially at the level of producing anything remotely resembling a publishable book-length manuscript, or even a first draft of one, which is likely to be a very time-consuming activity. The pampered high school drop-outs who make up the Hollywood A-list are unlikely to have the skills to perform the task, the opportunity to go about it if they are constantly out in front of the camera as they seem to be, or the patience to endure the grind even if they really try their hand at it, especially when they can with much greater ease and profit spend their time shilling for their lines of crappy "wellness" products instead as they leave the writing to someone else.
Still, obvious as this all seems, the fact is rarely spoken--indeed, seems to me to be even less spoken than it was back when C. Wright Mills estimated in his classic White Collar that the chances of a book by a "prominent but non-literary" public figure actually having been written by that public figure as no better than "fifty-fifty," and that in an era in which I think it safe to say the odds of famous people really writing their own memoirs were probably a good deal higher than they are today (and this going all the more for the kind of famous people whose books make the lists).
On the Popularity of Celebrity Memoirs
I have previously remarked the prominence of celebrity "memoirs" ghostwritten on behalf of illiterates which say absolutely nothing, and the eagerness with which the public seems to eat them up, rewarding the Dauriats of Park Avenue for their so crassly selling the "distinguished" names on the covers of books rather than the stuff between the covers so that the already rich and famous get richer and more famous while they tell real writers who may actually have something to say to (to put it relatively politely) go to hell.
Where the memoirs of celebrities from the world of politics--"Showbusiness for ugly people"--are concerned, those who find this reality distasteful and depressing at least can take comfort in the thought that their sales figures substantially represent purchases by backers looking to subsidize and promote their bought politicians, and reward them for services rendered, directly and by helping the books be bestsellers by making them bestsellers. (Eddie Murphy's 1992 satire The Distinguished Gentleman may not have been particularly well-received by the critics, but it did have its moments--not least Joe Don Baker's Olaf Andersen thundering at Lane Smith's Dick Dodge that among much else he had done for him he bought ten thousand copies of his "boring, dull-ass autobiography!")
Alas, in contrast with the faked show of interest in the self-serving garbage that the memoir of a career politician looking to get further up the greasy pole must necessarily be, a great portion of the public's apparent enthusiasm for the supposed "Big Thinks" of people from just plain "Showbusiness" seems to me to be genuine--such that while costly publicity efforts doubtless played their part in making their books bestsellers (and indeed, any bestselling book is probably open to the charge that it is a bestseller because its backers bought their way onto the bestseller lists these days), these publishing blockbusters cannot be wholly dismissed on those grounds, however much many of us would like to think so.
Where the memoirs of celebrities from the world of politics--"Showbusiness for ugly people"--are concerned, those who find this reality distasteful and depressing at least can take comfort in the thought that their sales figures substantially represent purchases by backers looking to subsidize and promote their bought politicians, and reward them for services rendered, directly and by helping the books be bestsellers by making them bestsellers. (Eddie Murphy's 1992 satire The Distinguished Gentleman may not have been particularly well-received by the critics, but it did have its moments--not least Joe Don Baker's Olaf Andersen thundering at Lane Smith's Dick Dodge that among much else he had done for him he bought ten thousand copies of his "boring, dull-ass autobiography!")
Alas, in contrast with the faked show of interest in the self-serving garbage that the memoir of a career politician looking to get further up the greasy pole must necessarily be, a great portion of the public's apparent enthusiasm for the supposed "Big Thinks" of people from just plain "Showbusiness" seems to me to be genuine--such that while costly publicity efforts doubtless played their part in making their books bestsellers (and indeed, any bestselling book is probably open to the charge that it is a bestseller because its backers bought their way onto the bestseller lists these days), these publishing blockbusters cannot be wholly dismissed on those grounds, however much many of us would like to think so.
Sunday, November 5, 2023
Will The Marvels Be the Marvel Cinematic Universe's Solo?
This was probably always a longshot. There was a profound difference between the shared universe of Marvel's superheroes, with their separate though interlinkable adventures, and the cinematic equivalent of the Star Wars Expanded Universe, with regard to the potential to appeal to a really mass audience. And reality caught up with Disney-Lucasfilm that way in 2018, when Solo crashed and burned at the summer box office, putting paid to plans to make Star Wars the equivalent of the MCU. The only Star Wars movie that came out after that was the conclusion of the new main-line trilogy in 2019, after which nothing has appeared--and will not be appearing before 2025 at the earliest as Kathleen Kennedy now speaks not in terms of the spectacularly high output MCU but the low output James Bond films (these days, very, very low output), all as new Star Wars is mainly reserved for the small screen.
Right now it looks as if Captain Marvel 2--aka The Marvels--will be as big a flop as Solo, and perhaps even worse. (Solo made over $200 million domestically--more like $250 million domestically when you adjust for inflation--whereas according to the latest data Captain Marvel 2 may be lucky to make even $150 million.)
Given all this one may wonder if Captain Marvel 2 will not be the MCU's Solo, a flop that forces Disney to back off and profoundly change course. However, sheer inertia will keep the movie from being that, no matter how badly it does at the box office.
After all, when Solo hit theaters Disney's Star Wars movies had been coming out for a mere two-and-a-half years, with Solo only the fourth film in the sequence.
By contrast the Marvel Cinematic Universe has been going strong for over fifteen years now, with Captain Marvel 2 the 33rd movie in the sequence. What Disney merely hoped to achieve with Star Wars, but did not, it did achieve with the MCU, especially in Phase Three--which at this point may be feeling more and more distant for fans, but for the executives probably feels like it was "just yesterday," and not just because time passes differently for old people, or because executive types are slow on the uptake. After all, if things have gone less well since, Spider-Man: No Way Home was as big a success as could have been hoped for even pre-pandemic; if they did not do so well as hoped, the latest Dr. Strange, Thor, Black Panther sequels were among the most profitable movies anyone in Hollywood had in 2022 (#4, #5 and #9 on Deadline's list); Guardians of the Galaxy 3 was at least a respectable performer in the end; and even the disappointment with Ant-Man 3 can be chalked up to exaggerated expectations for what an Ant-Man movie could do and the Chinese market becoming less open to the franchise rather than catastrophic across-the-board collapse.
The result is that where with Solo there was little cushioning against their worst fears that they were acting in a profoundly foolish way in regard to Star Wars. By contrast, even the worst that has been predicted for Captain Marvel 2 runs up against that massive success already behind them so that they can think of it as a fluke and hope for better the next time.
Or several times.
After all, even if the studio really is given pause by Captain Marvel 2's failure, that same matter of inertia leaves them heavily invested right now in a plethora of additional MCU films--with Captain America 4 already in post-production, and three more movies in production (Deadpool 3, The Thunderbolts, Blade), enough to keep the movies coming until at least 2025. Meanwhile there is the lesser investment in two more movies already in "pre-production" (Fantastic Four, Avengers: The Kang Dynasty), to say nothing of others "in development."
Lucasfilm had nothing comparable to that roster of films going when Solo made the studio's management change course, and one cannot picture Disney-Lucasfilm shutting all that down simply because one movie underperformed (however severely). The investment is recognizably the bigger when we consider Marvel's streaming TV empire (Star Wars hadn't got one yet as of the summer of 2018), and the revenue Marvel derives from the way the new films keep up interest in and trickles of revenue coming from the increasingly vast collection of old films (32 before this one!), the merchandising, and the rest on a scale that may also dwarf Star Wars when one puts it all together.
As if all that were not enough the fact that even as Star Wars was not working out Disney was doing so well with its other properties made it easier for the studio chiefs to make the hard decision to back away from its earlier plans for that franchise. After all, they had Pixar, they had their live-action adaptations of their animated classics, they had the MCU, all generating billion-dollar movies in ticket sales on a regular basis. (Indeed, counting the 2019 Spider-Man film the top eight movies at the box office were all Disney productions, each and every one a grosser of $1 billion or more worldwide and the eight together collectively accounting for over $10 billion in ticket sales.)
Now the MCU, even in its weakened state, looks like their strongest asset, with any replacement a long way off, making it far more likely that those calling the shots at Disney will feel that much more pressure to hold on to the MCU for dear life, and hope for the best. The result is that there is probably zero prospect of Captain Marvel 2's failure (should it fail--let us not forget this has not actually happened yet) making Disney change course with the MCU the way that it did with Star Wars. However, it could mean some changes in the longer-term planning, and perhaps more caution in regard to those projects they can still alter.
Is There Any Hope for Captain Marvel 2 at the Box Office?
There has been plenty of pessimism about Captain Marvel 2 in recent weeks--as many an analysis of the available data shows, apparently for excellent reason. Films made from the longtime templates for blockbusters in our era--like big-budget high-concept franchise-based sci-fi action films--have been flopping right and left, with the Marvel Cinematic Universe consistently underperforming since at least Thor 4 four movies back. Moreover, were these precedents not worrying enough in themselves the early box office tracking for the film has produced expectations of, for that type of film, a very poor opening weekend--one in the $45-$62 million range, which is to say, even at the high end of the range, less in real terms than the original Captain Marvel took in on opening day.*
Is there, then, any reason to think the film might do better than disastrously? The best reason I can think of is that hits lately are less front-loaded than they used to be, such that they are displaying the kind of legs that redeem a weak opening, with the prior MCU film worth remarking. Guardians of the Galaxy 3's first Friday-to-Sunday gross was a letdown, but the movie proved "leggier" than expected in slightly better than tripling that opening weekend gross.
If Captain Marvel 2 has an opening weekend closer to the high end of the range and triples that over its run, it would beat Boxoffice Pro's projection--blasting past the $156 million now discussed as the (fairly low) high end of the range it calculated to surpass the $180 million mark. Should the movie quadruple that figure, as many films have done this year, its gross would enter the range of $250 million. And should it quintuple its opening weekend ticket sales the way Elemental did, even starting with the weakest opening projected for it the movie would still blow past the $200 million mark, and at the high end of the range, surpass the $300 million mark, and in the process come to look much, much less like a flop. Indeed, especially were the international gross to correspond to this (so that the global gross is 2.65 times the domestic gross), the movie would end up within striking distance of $800 million, at which point, on the basis of the currently reported outlays for the film, it could end up not just profitable, but one of the more profitable films of the year.
Of course, if the hits are less front-loaded and showing longer legs the flops open weakly--and collapse, as The Flash did (the movie ending up with that weak debut accounting for more than half of all it ever made in North America). This leaves the question of why the movie might--or might not--end up a leggy hit rather than a buckling flop. Where "might" is concerned what the movie seems to have going for it is that if anticipation for it does not seem very strong, the anticipation for the other movies scheduled to come out over the same stretch of the year is less strong than that--Fandango's poll telling us that Captain Marvel 2 is doing about as well that way as any movie in the next two months, with the second most-anticipated movie (and closest competition Captain Marvel has), Aquaman 2, coming out six weeks later. The significance of weak competition should not be underestimated, especially in a time of year in which movies show more box office staying power than tends to be the case in the summer season.
Where the possibility of making this happen is concerned what those hopeful for the film might see as most likely to give the movie its chance is the public's finding Captain Marvel 2 a "pleasant surprise" after the way it has been talked down (which would be the extreme opposite of the way The Flash was talked up so insanely it could not but disappoint). It may also be that the audience will find themselves in the mood for a "silly" Marvel movie at this point, to laugh rather than sit through a played-out repetition of the familiar formulas--and perhaps also find that this one is a better put-together silly movie than Thor 4. (Audience affection for Thor 4 seems to have badly undermined by tonal consistency as it went from the dark horror movie stuff with Gorr the God Butcher to broad comedy and back.) Just avoiding that, and keeping the movie mercifully brief for an audience impatient with lumbering three-hour epics, could work to Captain Marvel 2's advantage.
Still, if a relatively happy outcome for Captain Marvel 2 does not seem wholly outside the range of possibility the movie seems to have an uphill battle ahead of it--on which you can expect to read more right here.
* Captain Marvel took in $61.7 million on the day of release back in March 2019, which adjusted for inflation using the Bureau of Labor Statistics' Consumer Price Index works out to $75 million.
Is there, then, any reason to think the film might do better than disastrously? The best reason I can think of is that hits lately are less front-loaded than they used to be, such that they are displaying the kind of legs that redeem a weak opening, with the prior MCU film worth remarking. Guardians of the Galaxy 3's first Friday-to-Sunday gross was a letdown, but the movie proved "leggier" than expected in slightly better than tripling that opening weekend gross.
If Captain Marvel 2 has an opening weekend closer to the high end of the range and triples that over its run, it would beat Boxoffice Pro's projection--blasting past the $156 million now discussed as the (fairly low) high end of the range it calculated to surpass the $180 million mark. Should the movie quadruple that figure, as many films have done this year, its gross would enter the range of $250 million. And should it quintuple its opening weekend ticket sales the way Elemental did, even starting with the weakest opening projected for it the movie would still blow past the $200 million mark, and at the high end of the range, surpass the $300 million mark, and in the process come to look much, much less like a flop. Indeed, especially were the international gross to correspond to this (so that the global gross is 2.65 times the domestic gross), the movie would end up within striking distance of $800 million, at which point, on the basis of the currently reported outlays for the film, it could end up not just profitable, but one of the more profitable films of the year.
Of course, if the hits are less front-loaded and showing longer legs the flops open weakly--and collapse, as The Flash did (the movie ending up with that weak debut accounting for more than half of all it ever made in North America). This leaves the question of why the movie might--or might not--end up a leggy hit rather than a buckling flop. Where "might" is concerned what the movie seems to have going for it is that if anticipation for it does not seem very strong, the anticipation for the other movies scheduled to come out over the same stretch of the year is less strong than that--Fandango's poll telling us that Captain Marvel 2 is doing about as well that way as any movie in the next two months, with the second most-anticipated movie (and closest competition Captain Marvel has), Aquaman 2, coming out six weeks later. The significance of weak competition should not be underestimated, especially in a time of year in which movies show more box office staying power than tends to be the case in the summer season.
Where the possibility of making this happen is concerned what those hopeful for the film might see as most likely to give the movie its chance is the public's finding Captain Marvel 2 a "pleasant surprise" after the way it has been talked down (which would be the extreme opposite of the way The Flash was talked up so insanely it could not but disappoint). It may also be that the audience will find themselves in the mood for a "silly" Marvel movie at this point, to laugh rather than sit through a played-out repetition of the familiar formulas--and perhaps also find that this one is a better put-together silly movie than Thor 4. (Audience affection for Thor 4 seems to have badly undermined by tonal consistency as it went from the dark horror movie stuff with Gorr the God Butcher to broad comedy and back.) Just avoiding that, and keeping the movie mercifully brief for an audience impatient with lumbering three-hour epics, could work to Captain Marvel 2's advantage.
Still, if a relatively happy outcome for Captain Marvel 2 does not seem wholly outside the range of possibility the movie seems to have an uphill battle ahead of it--on which you can expect to read more right here.
* Captain Marvel took in $61.7 million on the day of release back in March 2019, which adjusted for inflation using the Bureau of Labor Statistics' Consumer Price Index works out to $75 million.
Balzac's "La Maison Nucingen": A Few Thoughts
Balzac's "La Maison Nucingen"--literally "The House of Nucingen," though perhaps more fittingly translated as "The Firm of Nucingen"--consists of a long dialogue among a group of men about time over a meal in a restaurant overheard by another diner. In that dialogue one of the party tells the others how it was that that major figure of Balzac's "Human Comedy," Eugène de Rastignac, made his fortune, bridging the gap between the condition we find him in in Le Père Goriot (Father Goriot), and the position we find him in in later works like Illusions Perdues (Lost Illusions), where he is an established figure in Parisian society and eventually one of the most prominent men in all of France.
Not what I expected given the craftsmanship Balzac showed in prior works, it is also the case that the dialogue is rather maundering, to the point of Balzac himself making excuses for it--the storyteller's dining companions actually getting impatient and themselves accusing him of maundering, and he dismissing their objections repeatedly. (As the man telling the story remarks of Samuel Richardson's Clarissa, "the most wooden-headed playwright would give you the whole . . . in a single act," Richardson's literary accomplishment the production of "fourteen volumes of her" from the material.)
I did not find the answer particularly satisfying, the novella trying my patience in a way Balzac rarely does. Still, the story's events are too important for someone really interested in this corner of Balzac's saga to skip over, and the interest of the tale does pick up as it moves along, because we move from more marginal figures and events to those at the heart of the story, and because of Balzac's memorable portrait of the financial world where the action happens, the chicaneries and treacheries of which never lost their relevance given, to use the phrase of another Victorian novelist who told tales of the financial world, "the way we live now."
Not what I expected given the craftsmanship Balzac showed in prior works, it is also the case that the dialogue is rather maundering, to the point of Balzac himself making excuses for it--the storyteller's dining companions actually getting impatient and themselves accusing him of maundering, and he dismissing their objections repeatedly. (As the man telling the story remarks of Samuel Richardson's Clarissa, "the most wooden-headed playwright would give you the whole . . . in a single act," Richardson's literary accomplishment the production of "fourteen volumes of her" from the material.)
I did not find the answer particularly satisfying, the novella trying my patience in a way Balzac rarely does. Still, the story's events are too important for someone really interested in this corner of Balzac's saga to skip over, and the interest of the tale does pick up as it moves along, because we move from more marginal figures and events to those at the heart of the story, and because of Balzac's memorable portrait of the financial world where the action happens, the chicaneries and treacheries of which never lost their relevance given, to use the phrase of another Victorian novelist who told tales of the financial world, "the way we live now."
Friday, November 3, 2023
The Marvels: Boxoffice Pro's Last Long-Range Forecast for the Movie
There is just one week left to go until the theatrical debut of the Marvel Cinematic Universe (MCU)'s latest--The Marvels--and Boxoffice Pro has put out the last "Long-Range Forecast" that will include the film
(its projection next week to be found in its coverage of the weekend).
For the third week in a row Boxoffice Pro's projection reports erosion from its prior projection--from week to week slight (2 percent in the second projection, 9 percent in the third, 2 percent more this week), but it adds up, the more in as the initial numbers were underwhelming (indeed, along the lines not of what had been predicted for The Flash, but how that movie actually did).* Thus where the expectation in the October 12 report was of the movie having a $50-$75 million debut, on the way to a $121-$189 million total, as of yesterday Boxoffice Pro projected a mere $45-$62 million opening, and a final domestic gross in the $109-$156 million range.
If the pattern seen in the prior three weeks continues there might well be a little further erosion of the projection between now and next week--while as the precedent of The Flash shows, even an already much-reduced opening weekend projection might yet prove overoptimistic (Boxoffice Pro having still predicted $60-$80 million just before the movie pulled in a mere $55 million, with this proving more than half all it was going to get).
For my part I am still thinking of $250 million as representing the likely floor for the film's global gross--though the $500 million I had discussed as the upper end of the range back in October, if not necessarily out of the question, looks less and less plausible now.
* The initial projection for The Flash one month before release had the movie enjoying a $115-$140 million gross on opening weekend, on the way to a final domestic take of $280-$375 million. That number, received as underwhelming in the wake of the extreme hyping of the film, actually turned out to be wildly overoptimistic as The Flash's entire run amounted to $108 million in ticket sales, less than the low estimate of what it was supposed to make in just the opening weekend, and less than a third of what had been thought plausible for it.
For the third week in a row Boxoffice Pro's projection reports erosion from its prior projection--from week to week slight (2 percent in the second projection, 9 percent in the third, 2 percent more this week), but it adds up, the more in as the initial numbers were underwhelming (indeed, along the lines not of what had been predicted for The Flash, but how that movie actually did).* Thus where the expectation in the October 12 report was of the movie having a $50-$75 million debut, on the way to a $121-$189 million total, as of yesterday Boxoffice Pro projected a mere $45-$62 million opening, and a final domestic gross in the $109-$156 million range.
If the pattern seen in the prior three weeks continues there might well be a little further erosion of the projection between now and next week--while as the precedent of The Flash shows, even an already much-reduced opening weekend projection might yet prove overoptimistic (Boxoffice Pro having still predicted $60-$80 million just before the movie pulled in a mere $55 million, with this proving more than half all it was going to get).
For my part I am still thinking of $250 million as representing the likely floor for the film's global gross--though the $500 million I had discussed as the upper end of the range back in October, if not necessarily out of the question, looks less and less plausible now.
* The initial projection for The Flash one month before release had the movie enjoying a $115-$140 million gross on opening weekend, on the way to a final domestic take of $280-$375 million. That number, received as underwhelming in the wake of the extreme hyping of the film, actually turned out to be wildly overoptimistic as The Flash's entire run amounted to $108 million in ticket sales, less than the low estimate of what it was supposed to make in just the opening weekend, and less than a third of what had been thought plausible for it.
Are Things Looking Up for the Hunger Games Prequel?
Boxoffice Pro's initial projection for Hunger Games prequel, The Hunger Games: The Ballad of Songbirds & Snakes, was none too impressive--a $35-$45 million opening weekend on the way to a final take in the $90-$142 million range, a very, very far cry from the spectacular grosses of the four films of the original saga (after adjustment for inflation, $850 million+). Still, where, for example, Captain Marvel 2's projection has eroded from week to week, there has been a slight improvement in that of the prequel film's, of 5 percent last week, and 1 percent more this week, which has raised the projection to a debut in the $38-$50 million range, and a total run in the $97-$157 million range.
The film, of course, has two more weeks to go, and one can picture the improvement continuing--but even were that to happen, the movie's likely gross rising by another 10 percent or so (to, say, $110-$175 million in the domestic market), it would still be a far cry from the successes of the first four films, and, given the likely investment in the production, very dependent on a strong overseas response to break even.
The film, of course, has two more weeks to go, and one can picture the improvement continuing--but even were that to happen, the movie's likely gross rising by another 10 percent or so (to, say, $110-$175 million in the domestic market), it would still be a far cry from the successes of the first four films, and, given the likely investment in the production, very dependent on a strong overseas response to break even.
Fandango's Poll and Aquaman 2
Fandango's recent poll found that the film movie audiences seem to be looking forward to most is Captain Marvel 2.
Aquaman 2 came right after it.
Right now Captain Marvel 2's prospects are none too bright. The implication is that Aquaman 2 will do worse--this sequel to the DCEU's biggest hit (its sole billion-dollar hit) ending up on a level with its poorest performer by far, The Flash.
If so it would be another blow to the increasingly battered DCEU, and the increasingly shaky superhero genre of which it has been so large a part this past decade—and box office-watchers should keep the possibility in mind as the tracking-based estimates for the movie start going public in the coming weeks.
Aquaman 2 came right after it.
Right now Captain Marvel 2's prospects are none too bright. The implication is that Aquaman 2 will do worse--this sequel to the DCEU's biggest hit (its sole billion-dollar hit) ending up on a level with its poorest performer by far, The Flash.
If so it would be another blow to the increasingly battered DCEU, and the increasingly shaky superhero genre of which it has been so large a part this past decade—and box office-watchers should keep the possibility in mind as the tracking-based estimates for the movie start going public in the coming weeks.
Captain Marvel 2 and the Fandango Poll on the Season's Most Anticipated Movies
A Fandango poll recently found that among moviegoers the most anticipated movie of the November-December period is Captain Marvel 2--The Marvels.
This can seem like good news for a movie whose prospects have been a cause of such pessimism--and one might not wonder if the movie is not likely to do better than the projections of The Flash-like numbers circulating in the media. Yet one can take the news in another way--namely that the weak numbers for The Marvels are as good as it is likely to get for any movie this season, there being commensurately less interest in Hollywood's other offerings over those months. A view all too consistent with the way franchise films have consistently underperformed this year, it also seems consistent with suspicions that the next two months do not contain the kind of box office-saving surprise blockbuster that a Super Mario Bros. Movie or a Barbie or even an Oppenheimer was--that what we see is what we will get, with the result Hollywood closing out a disappointing and worrying 2023 on a low note.
This can seem like good news for a movie whose prospects have been a cause of such pessimism--and one might not wonder if the movie is not likely to do better than the projections of The Flash-like numbers circulating in the media. Yet one can take the news in another way--namely that the weak numbers for The Marvels are as good as it is likely to get for any movie this season, there being commensurately less interest in Hollywood's other offerings over those months. A view all too consistent with the way franchise films have consistently underperformed this year, it also seems consistent with suspicions that the next two months do not contain the kind of box office-saving surprise blockbuster that a Super Mario Bros. Movie or a Barbie or even an Oppenheimer was--that what we see is what we will get, with the result Hollywood closing out a disappointing and worrying 2023 on a low note.
How Will Disney's Wish Do at the Box Office? Some Thoughts
NOTE: This post was completed on the basis of the information available in late October. While it has dated slightly I have decided to go ahead and post it.
Animated films have done well at the box office these past couple of years--with the latest Despicable Me franchise movie (Minions: The Rise of Gru) the biggest success of 2022 after only Top Gun 2 and Avatar 2; the follow-up to the animated Spider-Man: Across the Spider-Verse. (Beyond the Spider-Verse) not only nearly doubling the original's gross but also outgrossing every live-action superhero movie at the box office thus far this year; and The Super Mario Bros. Movie, for all the critical sneers, to the first half of this year what Barbie has been to the second, one of the rare billion-dollar plus hits carrying the box office.
Alas, that traditional king of animation Disney has had little share in this success, with 2022 seeing Lightyear and Strange World among their year's biggest flops (Strange World losing $200 million by itself to win the dubious honor of biggest flop, according to Deadline). This year's Elemental did better--though if it is looking to be profitable in the end it is a long way from the kind of success that Disney took so much for granted for so long.
One can thus picture Disney looking to its next big animated feature, Wish, for relief, especially given the higher than usual stakes--the movie intended as a 100 year anniversary film and homage to its near century-old tradition of big animated movies.
So just how well is it likely to do?
Boxoffice Pro's first long-range forecast including Wish has the movie making $45-$65 million on its opening weekend of domestic play and perhaps quadrupling that over the longer run to $185-$289 million (given the legs such a movie could have over the holidays). The low end of the range can seem worrisome, especially if the unspectacular domestic gross is matched by a Little Mermaid-like international response. However, should the movie have the benefit of a merely healthy international response even with just a mid-range performance Wish, if not all that might be hoped for from a 100th anniversary event, or even a run-of-the-mill Disney release, could be a moneymaker in the end--while it would do still better than that should it perform at the high end of the range and get an Elemental-like international response. Were the near $300 million gross that now seems within the range of the possible was doubled or better internationally (as was the case with Elemental) Disney would be within range of a billion dollars. Of course, even if it crosses that line some will compare it unfavorably to other films that had made still more than that--like Frozen 2's $1.45 billion back in 2019 (which works out to more like $1.75 billion today after adjustment for inflation). Still, especially in today's market it is very hard to deny that a billion dollar hit is a hit, and the folks at Disney could sure use one about now.
Animated films have done well at the box office these past couple of years--with the latest Despicable Me franchise movie (Minions: The Rise of Gru) the biggest success of 2022 after only Top Gun 2 and Avatar 2; the follow-up to the animated Spider-Man: Across the Spider-Verse. (Beyond the Spider-Verse) not only nearly doubling the original's gross but also outgrossing every live-action superhero movie at the box office thus far this year; and The Super Mario Bros. Movie, for all the critical sneers, to the first half of this year what Barbie has been to the second, one of the rare billion-dollar plus hits carrying the box office.
Alas, that traditional king of animation Disney has had little share in this success, with 2022 seeing Lightyear and Strange World among their year's biggest flops (Strange World losing $200 million by itself to win the dubious honor of biggest flop, according to Deadline). This year's Elemental did better--though if it is looking to be profitable in the end it is a long way from the kind of success that Disney took so much for granted for so long.
One can thus picture Disney looking to its next big animated feature, Wish, for relief, especially given the higher than usual stakes--the movie intended as a 100 year anniversary film and homage to its near century-old tradition of big animated movies.
So just how well is it likely to do?
Boxoffice Pro's first long-range forecast including Wish has the movie making $45-$65 million on its opening weekend of domestic play and perhaps quadrupling that over the longer run to $185-$289 million (given the legs such a movie could have over the holidays). The low end of the range can seem worrisome, especially if the unspectacular domestic gross is matched by a Little Mermaid-like international response. However, should the movie have the benefit of a merely healthy international response even with just a mid-range performance Wish, if not all that might be hoped for from a 100th anniversary event, or even a run-of-the-mill Disney release, could be a moneymaker in the end--while it would do still better than that should it perform at the high end of the range and get an Elemental-like international response. Were the near $300 million gross that now seems within the range of the possible was doubled or better internationally (as was the case with Elemental) Disney would be within range of a billion dollars. Of course, even if it crosses that line some will compare it unfavorably to other films that had made still more than that--like Frozen 2's $1.45 billion back in 2019 (which works out to more like $1.75 billion today after adjustment for inflation). Still, especially in today's market it is very hard to deny that a billion dollar hit is a hit, and the folks at Disney could sure use one about now.
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