For those interested in the commercial side of filmmaking Deadline's annual Most Valuable Blockbuster Tournament always provides plenty to chew on.
I do not expect to see this year's list out until April, but with 2023 now several weeks behind us we have the box office grosses that are a major indicator of how things generally go, along with a fair amount of data about production budgets, between the two of which we have a plausible basis for hypotheses about a film's profitability. (You can see my thoughts about making such estimates here.)
Given that really high grossers were few this year, it is fairly easy to make guesses about the most profitable films. The top two spots seem likely to go to Barbie and The Super Mario Bros. Movie, far and away the highest grossers of the year. As to which of the two will get the #1 spot: Barbie made a bit more but also cost a bit more, while I suspect the Super Mario Bros. Movie will do at least a little better in home entertainment, so I would give it the edge in the competition--but not by much. I would be very surprised were the near-billion dollar-grossing Oppenheimer to not also make the top five, with the same going for Spider-Man: Across the Spider-Verse, as, underperformer that it was, Guardians of the Galaxy 3 could plausibly round out the top five.
Those who follow the Deadline tournament should remember that there is a separate list for the most "valuable" of the lower-cost, lower-grossing movies, and it seems easy enough to make some guesses about this too. Five Nights at Freddy's and Taylor Swift: The Eras Tour (two movies made for $20 million or less with global grosses of $250 million+) are likely to be represented among the top lower-budgeted profit-makers, while the numbers may be similar for Sound of Freedom. Beyond that candidates get tougher to discern (as grosses drop, but budgets do not).
Meanwhile, in a year very crowded with losers I still expect to see The Flash, The Marvels, and Indiana Jones 5--as three movies that all cost $200 million+ and made under $400 million (below $300 million in the case of the first three, and barely more than $200 million in the case of The Marvels)--to take the top three spots, though I hesitate to rank them. (Indiana Jones 5 grossed much more but also cost more than The Marvels, at least, going by the reports I have seen, and it is hard to say whether the higher gross or the higher cost will matter more--especially given the likely claims partcipations will have on the revenue.) Disney's Wish, if likely getting a greater boost than these from home entertainment, will probably not be far behind, if the higher figures for its budget I have heard (another $200 million movie that has not made much more than $200 million) are to be credited.
Beyond that it is, again, hard to say, because there were so many high-cost underperformers. Consider, for instance, Fast X--which grossed $700 million, but may have cost $340 million, alongside such films as Mission: Impossible 7, The Little Mermaid, the latest Transformers and Aquaman films. Any one of these might take the number five spot--and certainly I will expect to see many of them filling out the remainder of the top ten should Deadline elect to publish those numbers. By contrast even lower-grossing films like Shazam 2, Blue Beetle and The Expendables 4, if making a lot less, also cost a lot less--sparing them at least this particular ignominy.
Tuesday, January 30, 2024
Remembering Naked Gun 33 1/3rd
Naked Gun 33 1/3rd: The Final Insult is not the kind of film that tends to be accorded much of a place in cinematic history, but it still seems to me to rate a mention that way nonetheless. Looking back I think of it as, if the least-regarded and lowest-grossing of the three Naked Gun films, the last real product of the Zucker-Abrahams-Zucker team's collaboration (as a sequel to the last film where all three were credited together, the first Naked Gun), and more broadly, the last movie to come out of that broader boom of the gag comedy so clearly underway in the '70s and gone bust in the '90s to have enjoyed any real measure of popular success--or, more arguably, offered much in the way of entertainment. (Later movies in the decade like Jane Austen's Mafia! worked a good deal less well, and the revival of the form a few years on that shortly came to be dominated by the Friedburg-Seltzer team seems, at best, an anticlimax after movies like this one, never mind a Blazing Saddles.) If "historical" in a more Trivial Pursuit kind of way one can also remark it as the last acting role in which O.J. Simpson was seen (the movie actually came out in the fall of 1994, after we had all seen the Odyssey of the White Bronco, and the more astute thought to ourselves "We are never going to hear the end of this"), while also the high point of Anna Nicole Smith's cinematic career (which, alas, I was disappointed to see did not continue much after this--just a couple of straight-to-video releases and then, done).
Personally speaking, I can add that I think of the film every year at Oscar time. While the film, as less friendly critics remark, is more uneven than its predecessors, and I could have done without a good deal of the film's middle stretch, the last act, where the goings-on center on the year's Oscar ceremony, really is inspired--and every year as we hear about the lousy ratings the Academy's once-widely watched ceremony got, I find myself thinking that this bit of the film is way, way more entertaining than the, to use the film critic David Walsh's words, "scripted, sanitized and embalmed" productions the Academy stages for the public (without ever thinking "Hey, maybe that's got something to do with why people don't watch anymore"). Indeed, Walsh's coverage of the ceremony in itself tends to be more entertaining than anything they put together--even when he is not satirically presenting what he would have liked to see instead of what we actually got.
Personally speaking, I can add that I think of the film every year at Oscar time. While the film, as less friendly critics remark, is more uneven than its predecessors, and I could have done without a good deal of the film's middle stretch, the last act, where the goings-on center on the year's Oscar ceremony, really is inspired--and every year as we hear about the lousy ratings the Academy's once-widely watched ceremony got, I find myself thinking that this bit of the film is way, way more entertaining than the, to use the film critic David Walsh's words, "scripted, sanitized and embalmed" productions the Academy stages for the public (without ever thinking "Hey, maybe that's got something to do with why people don't watch anymore"). Indeed, Walsh's coverage of the ceremony in itself tends to be more entertaining than anything they put together--even when he is not satirically presenting what he would have liked to see instead of what we actually got.
The Fall Guy Movie Trailer: Thoughts
I remember when I first heard about the plans for a The Fall Guy feature film I was dubious about the project--not only its chances of producing a movie people may actually like, but people even being interested enough to go and find out whether they like it or not by seeing it themselves. I have already discussed here why Hollywood has probably done well to draw back from its earlier obsession with turning old TV shows long off the air into major feature films--not least, how reruns of old TV shows are just not the pop cultural staple they used to be. There is, too, the fact that '80s nostalgia is ever less salable for having become so mined-out at this point (to say nothing of the remoteness of the '80s themselves for ever more of the population as the decade recedes further and further into the past), while The Fall Guy in particular seems a poor prospect given the obscurity into which it slipped pretty quickly, certainly as compared with Miami Vice, or The A-Team, the feature film versions of which of course did not deliver boffo b.o.. (After all, when was the last time you saw it on a classic TV channel, or streaming? Or even heard it mentioned anywhere?)
The trailer for the movie has not changed my mind about the film's chances, only confirmed them. The big-screen The Fall Guy is not an action movie, but an action-comedy whose feel seemed to me all too reminiscent of Seth Gordon's ill-conceived Baywatch, and just as likely to fail to grab new fans while annoying the old (what there are of them, anyway). Certainly Ryan Gosling makes an extremely different on-screen impression from Lee Majors. (I can't picture him playing one of Martin Caidin's Steven Austin-type ultra-competent, ultra-macho heroes, any more than I can picture Lee Majors playing "Kenough" from Barbie.) It also seems very unlikely that the particular charm that Heather Thomas (and Markie Post) brought to the series will have any analog here. And altogether the texture of everything comes across as very different, given that the movie's action-adventure spectacle looks like it will derive more from the movies in which the protagonist is a stunt man than his actual adventures in the real world; the associated saturation of the thing with the kind of Computer-Generated Imagery that was still just science fiction back in the 1980s; and the particular flavor of humor implied in Gosling's shoving his sunglasses up his nose with his middle finger as he looks at the trailer for a movie where his stunts made the actual star of that film look heroic, which feels very much more of our post-'90s indie film universe than the spirit which produced the lyrics to the show's theme song (which lingers in the memory even after so much else of the show slips away).
I expect, at best, a lackluster opening for the movie on the first weekend in May, when it kicks off the summer season of 2024--as unprepossessing as the season, and the year, look likely to be given what we know of them at present.
I know, I know--it is another grim prediction, and indeed yet another grim anticipation regarding the movies of 2024. But it seems to me nearly impossible to offer much of anything else these days unless you are one of the bought and paid for claqueurs and courtiers of the entertainment press (or gullible enough to believe what claqueurs and courtiers tgell you).
Fortunately for you, if you prefer what they have to offer, you will have no trouble whatsoever finding it elsewhere.
The trailer for the movie has not changed my mind about the film's chances, only confirmed them. The big-screen The Fall Guy is not an action movie, but an action-comedy whose feel seemed to me all too reminiscent of Seth Gordon's ill-conceived Baywatch, and just as likely to fail to grab new fans while annoying the old (what there are of them, anyway). Certainly Ryan Gosling makes an extremely different on-screen impression from Lee Majors. (I can't picture him playing one of Martin Caidin's Steven Austin-type ultra-competent, ultra-macho heroes, any more than I can picture Lee Majors playing "Kenough" from Barbie.) It also seems very unlikely that the particular charm that Heather Thomas (and Markie Post) brought to the series will have any analog here. And altogether the texture of everything comes across as very different, given that the movie's action-adventure spectacle looks like it will derive more from the movies in which the protagonist is a stunt man than his actual adventures in the real world; the associated saturation of the thing with the kind of Computer-Generated Imagery that was still just science fiction back in the 1980s; and the particular flavor of humor implied in Gosling's shoving his sunglasses up his nose with his middle finger as he looks at the trailer for a movie where his stunts made the actual star of that film look heroic, which feels very much more of our post-'90s indie film universe than the spirit which produced the lyrics to the show's theme song (which lingers in the memory even after so much else of the show slips away).
I expect, at best, a lackluster opening for the movie on the first weekend in May, when it kicks off the summer season of 2024--as unprepossessing as the season, and the year, look likely to be given what we know of them at present.
I know, I know--it is another grim prediction, and indeed yet another grim anticipation regarding the movies of 2024. But it seems to me nearly impossible to offer much of anything else these days unless you are one of the bought and paid for claqueurs and courtiers of the entertainment press (or gullible enough to believe what claqueurs and courtiers tgell you).
Fortunately for you, if you prefer what they have to offer, you will have no trouble whatsoever finding it elsewhere.
Friday, January 26, 2024
Aquaman 2 vs. Captain Marvel 2 at the Box Office
In a month of global release Aquaman 2 has collected almost $400 million at the worldwide box office.
Compared to the original film (which took in almost a billion dollars more in its run in inflation-adjusted terms), this is a disaster--a gross of less than one-third of what its predecessor made. Indeed, the neighborhood of $400 million was about what I estimated back in September when talking about a scenario of collapse for the Aquaman series.
However, there is no question that it is far superior to what that obvious point of comparison, Captain Marvel 2, managed in the same season--about twice as much in fact (Captain Marvel 2 having barely broken the $200 million barrier before hitting streaming). One may add that the Aquaman sequel did this in spite of having its own burden of unhelpful factors, like the equally long wait since the last film (five rather long years from the end of 2018 to the end of 2023), the fact that it was coming after not a comparative hit for its "cinematic universe" the way Captain Marvel 2 did (the Guardians of the Galaxy sequel, if not all that might have been hoped for, still pulling in over $800 million just a half year before Marvel hit theaters) but the debacle that was the release of The Flash, and the weakness of its own promotional campaign, which gave many the impression that the studio was all but refusing to throw good money after bad.
Does this at all refute the claims of superhero fatigue and franchise fatigue? Absolutely not. In fact it confirms them when we consider just how badly one megabudgeted superhero epic after another flopped, especially from June forward, underlining how little the audience's showing up for them can be taken for granted now as compared with before the pandemic. Still, I am doubtful that those who make the decisions will heed the lessons. Rather I suspect that the studio bosses will seize on anything and everything that can seem to justify their "staying the course"--treating Aquaman 2 as a comparative success story for not doing as badly as Captain Marvel 2, even with so much against it (and play up the reception of Guardians of the Galaxy 3, and anything else they can think of), as grounds that they can still make this work--that all they need is better writers" and more "adult supervision" for directors, and all will be well--all as the onlookers well aware that they are just digging a bigger hole for themselves await their chance to once more tell them "I told you so."
Compared to the original film (which took in almost a billion dollars more in its run in inflation-adjusted terms), this is a disaster--a gross of less than one-third of what its predecessor made. Indeed, the neighborhood of $400 million was about what I estimated back in September when talking about a scenario of collapse for the Aquaman series.
However, there is no question that it is far superior to what that obvious point of comparison, Captain Marvel 2, managed in the same season--about twice as much in fact (Captain Marvel 2 having barely broken the $200 million barrier before hitting streaming). One may add that the Aquaman sequel did this in spite of having its own burden of unhelpful factors, like the equally long wait since the last film (five rather long years from the end of 2018 to the end of 2023), the fact that it was coming after not a comparative hit for its "cinematic universe" the way Captain Marvel 2 did (the Guardians of the Galaxy sequel, if not all that might have been hoped for, still pulling in over $800 million just a half year before Marvel hit theaters) but the debacle that was the release of The Flash, and the weakness of its own promotional campaign, which gave many the impression that the studio was all but refusing to throw good money after bad.
Does this at all refute the claims of superhero fatigue and franchise fatigue? Absolutely not. In fact it confirms them when we consider just how badly one megabudgeted superhero epic after another flopped, especially from June forward, underlining how little the audience's showing up for them can be taken for granted now as compared with before the pandemic. Still, I am doubtful that those who make the decisions will heed the lessons. Rather I suspect that the studio bosses will seize on anything and everything that can seem to justify their "staying the course"--treating Aquaman 2 as a comparative success story for not doing as badly as Captain Marvel 2, even with so much against it (and play up the reception of Guardians of the Galaxy 3, and anything else they can think of), as grounds that they can still make this work--that all they need is better writers" and more "adult supervision" for directors, and all will be well--all as the onlookers well aware that they are just digging a bigger hole for themselves await their chance to once more tell them "I told you so."
The End of the English Composition Class?
As someone who taught composition courses for two decades, and eventually decided to write a book for composition students, it was clear to me that--if I think the classes did at least some students some good, giving them some exposure to new ways of approaching and working with text, a measure of practice and polish--they fell far, far short of that goal of reliably and consistently producing a high minimum standard of competence that is their mission. It also seems to me that the classes could hardly have been expected to do otherwise, for several reasons.
Perhaps the most fundamental is that the gap between the actual skill level of the students who came in and where the composition class was supposed to bring them up to tended to be wider than it ought to have been--a matter of bringing up students who graduated high school but are actually working at a middle school or even elementary school level to a college one. Such a feat would take more than a couple of 15-week courses in even the best of circumstances, and all involved are not working in the best of circumstances. As a practical matter, English departments, in line with the reality that the seniors handing the boring and dirty jobs to juniors is all in the spirit of "Can't someone else do it?" rather than edifying them, tend to leave the work of teaching a composition class--which is, frankly, more grinding and tedious for most than teaching literature--to the instructors who are least experienced and trained (graduate "teaching assistants"), or most insecure, underpaid and overworked (adjunct professors), as the people with secure jobs and seniority opt for any and every other task.
Meanwhile, even where one has the (relatively) most able and willing instructors, there is the weakness of the curriculum all too evident in the way the textbooks are written--a lack of clear priorities that produces a great deal of clutter, a stress on niceties of form over essentials of content and structure, and a tendency to haziness and roundaboutness rather than precision and straightforwardness in explanation. Some instructors may well try to correct for this. (I know I did; there is a reason that the subtitle of my book, which derived from my experiences in the classroom, was What Your Textbook Isn't Teaching You.) But many do not, for lack of opportunity or incentive to think seriously about what they are doing. (Graduate students, of course, are just beginning to learn the job, such that it is all they can do to emulate their instructors, while having a lot else on their minds, like finishing their degrees and trying to land a full-time job in a disastrous market. Meanwhile adjuncts are likely too harried to think too much about "professional development," and even where they do manage just that "professionally develop" by giving up being adjuncts altogether before too long, because even in this era of lousy prospects for working people many will get fed up enough with their lot to seek out, and often manage to find, something that at least promises to be less insecure, stressful and penurious.)
However, many of those who do have a chance to think about what they are undoing unfortunately embrace those weaknesses of the curriculum I am talking about and take them to extremes in what can seem like pseudo-Zen master routines (they're the kind of "Zen Master" whose whole knowledge of Zen comes from a long-ago viewing of the "wax on, wax off" scene from The Karate Kid) that, of course, flatter the vanity of a certain kind of person but, I suspect, only frustrate and annoy students, while imparting to them very little of what they need in the way of practical skills. (Anyone who thinks I am exaggerating need only read Stanley Fish's New York Times essay "Devoid of Content," in which he was actually advocating such an approach.)
Making this all the harder is the fact that students simply have no enthusiasm for a mandatory subject which manages to be dry and grinding for them too all as they have little respect for it, such that little can be expected from their end, even when they are not stuck with a pretentious wannabe Zen master.
The result is that, again, much in the curriculum simply does not work as well as it would were more students at least willing to live up to their end of the bargain--to, for example, seriously try and respond to verbal and written feedback on their papers by making a serious effort at the revision required of them, or to take "peer review" sessions seriously. (Moreover, should anyone be under the illusion that this is a matter of "These kids today!" William Whyte all the way back in 1956's The Organization Man quipped that "anyone who has ever tried to teach composition knows . . . the student who has yet to master it would give anything to be done with the chore." One should note, too, that the humanities-bashing STEM fetishists do not exactly make them more open-minded about it.)
Still, if the classes were very far from perfect as tools for teaching those skills, the skills at issue here--reading and writing at a collegiate level, with this obviously including the capacity for close and critical reading of texts, the generation of theses, the presentation of complex material in a manner that the reader can follow with ease--are not just worthwhile, but essential. And for all their flaws in the manner in which they tried to impart those skills there is the reality that something like them seems indispensable to achieving their goal--specifically having students write papers, and get feedback on them, and revise them until they acquire the level of mastery desired. However, in an age in which even scholars intent on academic publication are handing the task of writing their papers over to chatbots the prospect of getting students to do this, weak before, seems to me weaker still now, so much so as to eliminate what meaningfulness still attached to the activity, at least in anything like the form we knew. Indeed, I think that we are going to see the traditional composition class decline in one form or another--with talk of a "return to handwritten essays" and a greater reliance on in-class work striking me as futile attempts to swim against the tide, the more in as alongside the technological changes we are looking at broader changes, not least the decline of the English major that did so much to supply English departments with the cheap labor that made composition classes a paying proposition for budget- and staff-minded administrators fighting for their piece of the action in an age in which higher education has become a near-trillion dollar operation.
Barbie, the Oscars and Greta Gerwig's "Snub"
The Oscar nominations are out.
The big surprise is that Barbie, while having eight nominations including Best Picture, two acting nominations and a nomination for Best Adapted Screenplay (and did I mention Best Picture?), has not got nominations in the Best Actress category--or of more importance, Best Director.
Deserving or not (since when have the Oscars had anything to do with being deserving?) I had thought Gerwig a lock for the prize this year simply because of the politics that surround the ceremony ("I didn't get one last time so it's my turn," etc.), and because I thought the movie similarly a lock for Best Picture, which tends to pretty strongly correlate with Best Director honors.
Certainly it is rare for a Best Picture winner to not even get nominated in this area--and my first thought was that maybe its chances at Best Picture have fallen to nil. Still, it is worth remembering that the correlation is far from perfect--that as recently as the 2022 ceremony CODA won Best Picture without a Best Director nomination, while in just the 2010s fellow Best Picture winners Green Book (2018) and Argo (2012) also lacked Best Picture nominations, three in scarcely a decade.
And one can in fact look to the same politics that make Barbie seem like the obvious winner as explaining why it did not get a Best Director nomination. If Barbie has a very loud cheering section, there are always lots of other egos, interests, groups, to be placated, producing a pressure to distribute the honors so as to make sure that, even if there is no pleasing everybody, the Academy can make sure no one who matters ends up too unsatisfied, and indeed one can make a case that the Academy has in fact been very careful about that this year (perhaps encouraged by the unpleasantness of the Andrea Riseborough affair last year).
The result is that I can picture Barbie being given Best Picture as a smaller film (perhaps, for example, Justine Triet's Anatomy of a Fall) is honored with the Best Director award, and Greta Gerwig is compensated indirectly (if Barbie gets the Best Picture honor after all), and/or directly for her next film a couple of years down the road (maybe even for a film which her own sympathizers will regard as less deserving, even as they think, "At least they're making up for the last time").
Still, I am less persuaded than before that Barbie will get the Best Picture honor, and not only because it failed to land the Best Director nomination. As it happens, Oppenheimer, which came close to sweeping the Golden Globes the way Barbie's fans hope the movie will sweep Oscar night looks to have the momentum here, so much so as to seem a very strong candidate for that biggest prize announced only at the end of the ceremony.
The big surprise is that Barbie, while having eight nominations including Best Picture, two acting nominations and a nomination for Best Adapted Screenplay (and did I mention Best Picture?), has not got nominations in the Best Actress category--or of more importance, Best Director.
Deserving or not (since when have the Oscars had anything to do with being deserving?) I had thought Gerwig a lock for the prize this year simply because of the politics that surround the ceremony ("I didn't get one last time so it's my turn," etc.), and because I thought the movie similarly a lock for Best Picture, which tends to pretty strongly correlate with Best Director honors.
Certainly it is rare for a Best Picture winner to not even get nominated in this area--and my first thought was that maybe its chances at Best Picture have fallen to nil. Still, it is worth remembering that the correlation is far from perfect--that as recently as the 2022 ceremony CODA won Best Picture without a Best Director nomination, while in just the 2010s fellow Best Picture winners Green Book (2018) and Argo (2012) also lacked Best Picture nominations, three in scarcely a decade.
And one can in fact look to the same politics that make Barbie seem like the obvious winner as explaining why it did not get a Best Director nomination. If Barbie has a very loud cheering section, there are always lots of other egos, interests, groups, to be placated, producing a pressure to distribute the honors so as to make sure that, even if there is no pleasing everybody, the Academy can make sure no one who matters ends up too unsatisfied, and indeed one can make a case that the Academy has in fact been very careful about that this year (perhaps encouraged by the unpleasantness of the Andrea Riseborough affair last year).
The result is that I can picture Barbie being given Best Picture as a smaller film (perhaps, for example, Justine Triet's Anatomy of a Fall) is honored with the Best Director award, and Greta Gerwig is compensated indirectly (if Barbie gets the Best Picture honor after all), and/or directly for her next film a couple of years down the road (maybe even for a film which her own sympathizers will regard as less deserving, even as they think, "At least they're making up for the last time").
Still, I am less persuaded than before that Barbie will get the Best Picture honor, and not only because it failed to land the Best Director nomination. As it happens, Oppenheimer, which came close to sweeping the Golden Globes the way Barbie's fans hope the movie will sweep Oscar night looks to have the momentum here, so much so as to seem a very strong candidate for that biggest prize announced only at the end of the ceremony.
Bad Writers, or Impossible Writing Tasks?
Last year Arnold Schwarzenegger (you know, the slap-fighting promoter) blamed the problems of the Terminator film franchise on the later films having been "not well-written." A little while later (as I remarked at the time) the functionaries at Marvel blamed the weaker response to their more recent films on the writers.
As I also remarked at the time that the buck-passing was nothing short of staggering in its stupidity and shabbiness. At the time my emphasis was on the presumption that there are some clearly identifiable "better" and "worse" writers working in Hollywood, and megabuck Marvel, which had long ago gone far past the point at which the sheer resources and visibility of this most successful division of the most successful studio in Hollywood meant that it could get anybody, declined to hire the best it could get--an extremely stupid claim to make. This is all the more the case as executives hardly ever sit back and let the writers do their thing, instead interfering all the way up and down the line for the crassest of reasons to the point of routinely bastardizing scripts out of all recognition, as they are able to do because they, not the writers, call the shots.
However, there is another level of stupidity to these claims, which is that in their insane (and increasingly self-destructive) fixation on exploiting run-down franchises they ask writers the impossible. On the whole audiences do not seem to have loved Terminator 5--but, even before considering the extreme strictures of the studio system in which even those few writers allowed past the gate are required to work, can you picture anyone managing to create a fourth Terminator sequel that they would have loved? Of course not. The franchise was done, and it was time to admit that--but they would not, and neither would the (again, apropos of such characterization as they truly deserve) courtiers and claqueurs of the entertainment press whose idea of doing their jobs is respectfully transcribing the words of the idiots they deify as gods.
As I also remarked at the time that the buck-passing was nothing short of staggering in its stupidity and shabbiness. At the time my emphasis was on the presumption that there are some clearly identifiable "better" and "worse" writers working in Hollywood, and megabuck Marvel, which had long ago gone far past the point at which the sheer resources and visibility of this most successful division of the most successful studio in Hollywood meant that it could get anybody, declined to hire the best it could get--an extremely stupid claim to make. This is all the more the case as executives hardly ever sit back and let the writers do their thing, instead interfering all the way up and down the line for the crassest of reasons to the point of routinely bastardizing scripts out of all recognition, as they are able to do because they, not the writers, call the shots.
However, there is another level of stupidity to these claims, which is that in their insane (and increasingly self-destructive) fixation on exploiting run-down franchises they ask writers the impossible. On the whole audiences do not seem to have loved Terminator 5--but, even before considering the extreme strictures of the studio system in which even those few writers allowed past the gate are required to work, can you picture anyone managing to create a fourth Terminator sequel that they would have loved? Of course not. The franchise was done, and it was time to admit that--but they would not, and neither would the (again, apropos of such characterization as they truly deserve) courtiers and claqueurs of the entertainment press whose idea of doing their jobs is respectfully transcribing the words of the idiots they deify as gods.
Ridley Scott and History on the Big Screen: A Quantitative View
Recently discussing Ridley Scott's track record as a maker of historical epics I went with my own impressions of his movies, and what seemed to me the views of the professional critics, both in their generality and the remarks of a specific few I think more incisive than the rest. Subsequently it occurred to me to check out what the numbers on Rotten Tomatoes say about the matter regarding those films I think qualify as such epics (1492, Gladiator, Kingdom of Heaven, Robin Hood, Exodus, The Last Duel and now Napoleon).
Where those films are concerned the single most poorly reviewed movie was the Biblical epic Exodus: Gods and Kings, with a thoroughly "rotten" 31 percent score, while the Columbus quincentennial film 1492: Conquest of Paradise was only marginally better reviewed, with a 32 percent score, and Kingdom of Heaven and Robin Hood got only slightly better scores than that (40 and 44 percent, respectively). At the other end of the spectrum Gladiator got a "fresh" 79 percent score, and The Last Duel, if a far weaker box office performer than Gladiator, actually got the best score of the lot (85 percent).
By that standard Napoleon, with its 50 percent score, would rank as one of Scott's stronger efforts. Still, it seems worth acknowledging that the critics, going by the score aggregator, have got a lot more generous in their appraisals over the years. In spite of the complete lack of evidence that movies have got better over the time frame (and I think, plenty of room to argue they have got worse), the average score for a wide (1000+ theater) release jumped 15 percent between 1998-2009 and the first three-quarters of 2019 (from 44 to 59 percent)--while that can in cases look like an underestimate. (Consider the 40-point gap in the scores critics gave Top Gun in 1986 and the scores critics gave Top Gun: Maverick in 2022, even though they were "basically the same movie," even in the view of many of their admirers.) If one subtracts 15 percent from Napoleon's score then one ends up with a score of 35 percent--putting the film all the way down with the Columbus movie and company, near the bottom of the list.
Will history bear out that judgment? We'll see in the years ahead--perhaps, by seeing that no one is seeing the Napoleon movie at all.
Where those films are concerned the single most poorly reviewed movie was the Biblical epic Exodus: Gods and Kings, with a thoroughly "rotten" 31 percent score, while the Columbus quincentennial film 1492: Conquest of Paradise was only marginally better reviewed, with a 32 percent score, and Kingdom of Heaven and Robin Hood got only slightly better scores than that (40 and 44 percent, respectively). At the other end of the spectrum Gladiator got a "fresh" 79 percent score, and The Last Duel, if a far weaker box office performer than Gladiator, actually got the best score of the lot (85 percent).
By that standard Napoleon, with its 50 percent score, would rank as one of Scott's stronger efforts. Still, it seems worth acknowledging that the critics, going by the score aggregator, have got a lot more generous in their appraisals over the years. In spite of the complete lack of evidence that movies have got better over the time frame (and I think, plenty of room to argue they have got worse), the average score for a wide (1000+ theater) release jumped 15 percent between 1998-2009 and the first three-quarters of 2019 (from 44 to 59 percent)--while that can in cases look like an underestimate. (Consider the 40-point gap in the scores critics gave Top Gun in 1986 and the scores critics gave Top Gun: Maverick in 2022, even though they were "basically the same movie," even in the view of many of their admirers.) If one subtracts 15 percent from Napoleon's score then one ends up with a score of 35 percent--putting the film all the way down with the Columbus movie and company, near the bottom of the list.
Will history bear out that judgment? We'll see in the years ahead--perhaps, by seeing that no one is seeing the Napoleon movie at all.
Monday, January 22, 2024
Has the Entertainment Press Still Failed to Grasp the Reality of the Film Market?
In considering the answer to the question that is the title of this post I think it fair to say that, as one always deriding the generality of the entertainment press as claqueurs and courtiers of the industry about which they write (epithets mild next to the ones they truly deserve) I am perfectly aware that what they say is not necessarily what they actually think--with the gap between one thing and the other likely to be especially large in this period of extraordinary turmoil for the industry.
That said, it has been impossible for commentators desirous of retaining any credibility at all to avoid offering some acknowledgment of what has been happening in the year that saw its first really big release, Ant-Man 3, noticeably underperforming, and The Flash, Captain Marvel 2 and Aquaman 2 all flop. But all the same, I find the folks at Screen Rant predicting a $1-$1.2 billion opening for Deadpool 3. Looking at that I find myself thinking of how at the start of 2023 they predicted $1 billion for Ant-Man 3, more than that for Guardians of the Galaxy 3 ($1.2 billion), and only slightly less for Captain Marvel 2 ($950 million). They were way off on all three counts, and in the same direction, and I can only suspect that the optimism about Deadpool is more of the same--while I find myself also noticing that in a Deadline piece warning that they expect the box office to bring in a billion less in 2024 than it did in the still rather weak year of 2023, still assuring the reader that there is "hope" in the year's 31 tentpoles.
Looking at that list of "tentpoles" I see not the solution to Hollywood's woes, but the problem--that in 2024, just as in 2023, even after the bumping of a number of films by the historic "double strike" of Hollywood's actors and writers, the release slate is packed with a lot of very costly movies that the public is just less and less interested in seeing; with more shameless retreads of stuff gone stale, epitomized not just by the plenitude of new superhero films even as the genre seems to be collapsing in the manner of the musical back in the '60s (like a Madame Web movie to which very few seem to be looking forward) but by how far back the studios are reaching for past hits to which to make sequels (like Twister from the summer of 1996, and Gladiator). The movies will play, few will come to see them, and Hollywood will again and again record colossal losses on balance sheets already drenched in red ink--all as the chances of surprise hits like Barbie doing something to save the day look very slim indeed this year.
That said, it has been impossible for commentators desirous of retaining any credibility at all to avoid offering some acknowledgment of what has been happening in the year that saw its first really big release, Ant-Man 3, noticeably underperforming, and The Flash, Captain Marvel 2 and Aquaman 2 all flop. But all the same, I find the folks at Screen Rant predicting a $1-$1.2 billion opening for Deadpool 3. Looking at that I find myself thinking of how at the start of 2023 they predicted $1 billion for Ant-Man 3, more than that for Guardians of the Galaxy 3 ($1.2 billion), and only slightly less for Captain Marvel 2 ($950 million). They were way off on all three counts, and in the same direction, and I can only suspect that the optimism about Deadpool is more of the same--while I find myself also noticing that in a Deadline piece warning that they expect the box office to bring in a billion less in 2024 than it did in the still rather weak year of 2023, still assuring the reader that there is "hope" in the year's 31 tentpoles.
Looking at that list of "tentpoles" I see not the solution to Hollywood's woes, but the problem--that in 2024, just as in 2023, even after the bumping of a number of films by the historic "double strike" of Hollywood's actors and writers, the release slate is packed with a lot of very costly movies that the public is just less and less interested in seeing; with more shameless retreads of stuff gone stale, epitomized not just by the plenitude of new superhero films even as the genre seems to be collapsing in the manner of the musical back in the '60s (like a Madame Web movie to which very few seem to be looking forward) but by how far back the studios are reaching for past hits to which to make sequels (like Twister from the summer of 1996, and Gladiator). The movies will play, few will come to see them, and Hollywood will again and again record colossal losses on balance sheets already drenched in red ink--all as the chances of surprise hits like Barbie doing something to save the day look very slim indeed this year.
"Hollywood's $9 Billion Year"--and the Year That Might Follow It
The press has been abuzz with talk of 2023 having been a $9 billion year for Hollywood.
This sounds better than it really is.
Every year in the 2015-2019 time frame broke $11 billion, while adjusting the sums for the highly inflationary years since puts their average at $14 billion. The result is that in actuality the North American box office gross was not quite two-thirds of the pre-pandemic year in real terms--and only a relatively slight improvement over 2022's gross (from about 54 to 64 percent of the pre-pandemic norm)--in spite of 2023 having had the first truly packed slate of would-be blockbusters since 2019. Indeed, the situation suggests something more troubling than a mere one-year shortfall--namely that Hollywood's model for generating hits increasingly looks broken, with one megabudgeted franchise film after another flopping hard, and the box office carried by idiosyncratic hits such as The Super Mario Bros. Movie and Barbie (the two by themselves selling almost 14 percent of all tickets sold during the whole year), as well as Oppenheimer, Taylor Swift: The Era Tour and Five Nights at Freddy's, while Marvel, the DC Extended Universe, Fast and Furious, the Transformers, Mission: Impossible, Disney-Pixar animation and even Indiana Jones (to say nothing of second-stringers like Shazam and The Expendables) flopped, flopped and flopped again.
All of this bespeaks a Hollywood studio system on very shaky ground indeed--with 2024 looking no better, and indeed, even Establishment industry publications prepared to acknowledge that it is set to look worse, with an already stalling box office recovery going into reverse, with a Deadline piece predicting that 2024, between its thinning slate and viewer sentiment, could pull in just $8 billion. This would, of course, not just be a $1 billion drop, but work out to a lot more films than came out in 2022 making no more in real terms than the movies of that year managed to do collectively. It is the last thing Hollywood needs--and indeed I find myself wondering just how much more the studio system can take before the end of the pretense of "recovery" and "business as usual."
This sounds better than it really is.
Every year in the 2015-2019 time frame broke $11 billion, while adjusting the sums for the highly inflationary years since puts their average at $14 billion. The result is that in actuality the North American box office gross was not quite two-thirds of the pre-pandemic year in real terms--and only a relatively slight improvement over 2022's gross (from about 54 to 64 percent of the pre-pandemic norm)--in spite of 2023 having had the first truly packed slate of would-be blockbusters since 2019. Indeed, the situation suggests something more troubling than a mere one-year shortfall--namely that Hollywood's model for generating hits increasingly looks broken, with one megabudgeted franchise film after another flopping hard, and the box office carried by idiosyncratic hits such as The Super Mario Bros. Movie and Barbie (the two by themselves selling almost 14 percent of all tickets sold during the whole year), as well as Oppenheimer, Taylor Swift: The Era Tour and Five Nights at Freddy's, while Marvel, the DC Extended Universe, Fast and Furious, the Transformers, Mission: Impossible, Disney-Pixar animation and even Indiana Jones (to say nothing of second-stringers like Shazam and The Expendables) flopped, flopped and flopped again.
All of this bespeaks a Hollywood studio system on very shaky ground indeed--with 2024 looking no better, and indeed, even Establishment industry publications prepared to acknowledge that it is set to look worse, with an already stalling box office recovery going into reverse, with a Deadline piece predicting that 2024, between its thinning slate and viewer sentiment, could pull in just $8 billion. This would, of course, not just be a $1 billion drop, but work out to a lot more films than came out in 2022 making no more in real terms than the movies of that year managed to do collectively. It is the last thing Hollywood needs--and indeed I find myself wondering just how much more the studio system can take before the end of the pretense of "recovery" and "business as usual."
The Hollywood Box Office, 2020-2023: How Did Hollywood's Revenue Fare Over the Period as a Whole?
I recently wrote about the box office of 2023 as, if entailing a measure of improvement over the preceding year, still leaving Hollywood, in spite of a full slate of movies and generally "normalized" behavior among the public, grossing less than two-thirds of the pre-pandemic norm (64 percent of the 2015-2019 average).
How does that leave the four years of the 2020-2023 period as a whole looking next to those which came before? Consider the figures for the four years below--the current dollar figures presented first, the inflation-adjusted (for 2023 dollars) figures in the parentheses after.
2020--$2.114 billion ($2.489 billion)
2021--$4.483 billion ($5.041 billion)
2022--$7.37 billion ($7.674 billion)
2023--$8.906 billion ($8.906 billion)
The grosses over the four years come to $24 billion--as against the $56 billion the box office could have been expected to amass had grosses simply continued in line with the 2015-2019 average ($14 billion a year), a shortfall of almost three-fifths. One may add that these troubles have been compounded by comparable shortfalls in the overseas markets, in part because the same dynamics are at work there, but also because that key foreign market, China, has been less receptive to American product. (Consider how in 2019 Marvel's three movies released in China made just a little under $1 billion, while its three releases in 2023 made just a little over $140 million, less than by far the lowest-performing of the 2019 releases managed all by itself, even before we bring inflation into the picture.*)
Meanwhile the problems raised by the shortfall in revenues is compounded by the way in which the disruptions of production and release by the pandemic (and the higher interest rates affecting all business) ran up costs, all as the studios were sitting on a mountain of debt amassed during their insane binge on streaming content.
Of course, the business press point outs that some of the studios, at least, have been making an effort to get their financial houses in order (Warner Discovery's paying down of its debt much discussed in particular). Still, it looks like a long road to anyplace desirable from this standpoint--with the difficulties projected for 2024 (a year in which even Establishment analysts think the box office gross may be even lower than it was in 2023), and the inertia of the studios with regard to practice even as their longtime model for generating hits collapses (the superhero film looking like the old-time musical, etc.), not making that road any shorter or easier.
* In 2019 Avengers: Endgame pulled in $614 million, Spider-Man: Far From Home $199 million, Captain Marvel $154 million. By contrast Guardians of the Galaxy 3 made just $87 million, Ant-Man 3 $39 million, Captain Marvel 2 $15 million (a 90 percent drop relative to the original)--again, all before inflation is factored in.
How does that leave the four years of the 2020-2023 period as a whole looking next to those which came before? Consider the figures for the four years below--the current dollar figures presented first, the inflation-adjusted (for 2023 dollars) figures in the parentheses after.
2020--$2.114 billion ($2.489 billion)
2021--$4.483 billion ($5.041 billion)
2022--$7.37 billion ($7.674 billion)
2023--$8.906 billion ($8.906 billion)
The grosses over the four years come to $24 billion--as against the $56 billion the box office could have been expected to amass had grosses simply continued in line with the 2015-2019 average ($14 billion a year), a shortfall of almost three-fifths. One may add that these troubles have been compounded by comparable shortfalls in the overseas markets, in part because the same dynamics are at work there, but also because that key foreign market, China, has been less receptive to American product. (Consider how in 2019 Marvel's three movies released in China made just a little under $1 billion, while its three releases in 2023 made just a little over $140 million, less than by far the lowest-performing of the 2019 releases managed all by itself, even before we bring inflation into the picture.*)
Meanwhile the problems raised by the shortfall in revenues is compounded by the way in which the disruptions of production and release by the pandemic (and the higher interest rates affecting all business) ran up costs, all as the studios were sitting on a mountain of debt amassed during their insane binge on streaming content.
Of course, the business press point outs that some of the studios, at least, have been making an effort to get their financial houses in order (Warner Discovery's paying down of its debt much discussed in particular). Still, it looks like a long road to anyplace desirable from this standpoint--with the difficulties projected for 2024 (a year in which even Establishment analysts think the box office gross may be even lower than it was in 2023), and the inertia of the studios with regard to practice even as their longtime model for generating hits collapses (the superhero film looking like the old-time musical, etc.), not making that road any shorter or easier.
* In 2019 Avengers: Endgame pulled in $614 million, Spider-Man: Far From Home $199 million, Captain Marvel $154 million. By contrast Guardians of the Galaxy 3 made just $87 million, Ant-Man 3 $39 million, Captain Marvel 2 $15 million (a 90 percent drop relative to the original)--again, all before inflation is factored in.
Friday, January 19, 2024
What "Genre" Can Mean: Revisiting the Issue by Way of Spy Fiction
By contrast, there is far less evidence of the authors of the American works I have mentioned being part of a self-aware collectivity --of, for example, Vonnegut's Mother Night being significantly allusive toward or even inspired by other spy novels, American or otherwise. (Rather, as the title suggests, it is Goethe's Faust that Vonnegut seems to have most in mind.) Indeed, historians of the spy story seem to think of those later American spy novelists of the '70s and after have come to be thought of as latecomers to an old British tradition--which fact has in itself left critics less aware of older American spy fiction, with the pattern of neglect self-reinforcing.
Of course, none of that diminishes what authors like London or Vonnegut accomplished, but it does suggest there being less accomplishment than might otherwise have been the case. That the writing did not produce a genre can seem to indicate that it did not make the impact it might have--while it may be that the existence of a genre furnishes writers with possibilities and inspirations whose benefit they would otherwise lack. Simply put, the fact of writers picking up what others did and reacting to it, extending it, turning it around, if most obviously encouraging activities like parody more broadly encouraged them in taking up "different ways of seeing"--what Ambler gave us, which included parody but was certainly not just parody, is partly a matter of his following after writers like Oppenheim. What le Carré gave us likewise seems to have been a matter of his coming after people like Fleming. And so on. Considered in those turns it would seem that, far from genre being a bad thing, it at least has the potential to be a very good thing, so that rather than the existence of genre work being a problem the problem would seem to be that these days the genres we have are fairly stale, that new genres do not seem to be emerging the way one might hope--and that the creatively stultifying demands of the crass and vulgarian marketing departments contribute to the problem by demanding writers bash their square pegs until they fit into the round holes the Dauriats of publishing-land are prepared to afford them.
* Thus does Gala Brand of Special Branch in Moonraker dismiss spies like James Bond as "people that Phillips Oppenheim had dreamed up with fast cars and special cigarettes with gold bands on them and shoulder-holsters," while in their confrontation aboard the Orient Express in From Russia, with Love, Red Grant warns Bond that "Bulldog Drummond stuff" will not get him out of the corner he is in.
Top Gun 3 is More of a Gamble Than the Commentariat Realizes
We are hearing now that Top Gun 3 is in the works.
Back in the summer of 2022 this looked like an obvious move.
It looks less obvious now.
Why is that?
The simple answer is that where back in 2022 it seemed that franchise action films were doing as well as ever on the whole, and leading the recovery, we have watched them underperform severely, and indeed flop, flop and flop again through 2023 across the whole range of film genres--superheroes, spy-fi, you name it. The films of Tom Cruise have not been excepted from the pattern, with Mission: Impossible 7, in spite of initially strong expectations (bolstered by the good will that Top Gun 2 seemed to have garnered him), proving a low point for the franchise commercially (in real terms, a weaker earner than 2006's ill-fated Mission: Impossible 3).*
In considering that the going may have got a lot rougher for movies of this kind it is worth remembering that, even if Top Gun 2 might have been a hit in other circumstances, that it was such an extreme outlier (a $700 million hit domestically and $1.5 billion globally post-pandemic, success that seems virtually magical right now) was due to the very special conditions of its release. While no one else seems inclined to acknowledge the fact, it mattered greatly that the movie came out with the media cheer-leading for it breathlessly, as it faced very limited competition in theaters compared to most summers (very few other action movies playing in the summer of 2022).
Moreover, the movie was in the view even of many viewers favorably disposed to it substantially a do-over of the original--a thing they were ready to forgive after thirty-six years, but which simply will not work with another sequel coming so soon after the second film, while just continuing things also will not be easy, the more in as so many take the two films as bookends to "Maverick" Mitchell's career (with the original depicting rebellious young Mitchell making his mark, and Top Gun 2 showing the matured leader Mitchell leading one last mission and moving on). Trying to come up with something that will not feel like a cheap do-over for the sake of a cash grab to the fans, while still feeling connected with the preceding films is a much, much taller order than those who made Top Gun 2 had to fulfill, one with which Hollywood has consistently shown itself to have a hard time. (Cheap imitation is just what they do--as that second Top Gun movie, again, showed.)
So any Top Gun 3 will be hitting a much tougher market, not just with regard to audience receptiveness to this kind of movie generally, but this film franchise specifically, and the level of competition the movie is likely to face in any major release date. Moreover, —it is worth remembering here that the margin of profitability here may differ from that of even most big-budget films. Those attentive to the figures published by Deadline about the movie's box office performance may recall the exceptionally high bill for participations and residuals--$315 million, close to twice the cost of the production ($177 million). This took a very big bite out of the profits indeed, and if the money was so good that this still left the movie the second most profitable of 2022 (after only Avatar 2) the money men have to think about such things when they consider the prospects of a Top Gun 3.
All of this probably still leaves Top Gun 3 about as safe a bet on a big-budget franchise as can be hoped for these days when even the runners of the James Bond series, the Star Wars franchise, even the Marvel Cinematic Universe are squeamish to the point of stalled--but, again, that is a long way from how things seemed a year ago, and a reminder of just how much the cinematic market has changed these past few years.
* Mission: Impossible 7 made $568 million, against the $600 million or so Mission: Impossible 3 made in inflation-adjusted terms back in 2006.
Back in the summer of 2022 this looked like an obvious move.
It looks less obvious now.
Why is that?
The simple answer is that where back in 2022 it seemed that franchise action films were doing as well as ever on the whole, and leading the recovery, we have watched them underperform severely, and indeed flop, flop and flop again through 2023 across the whole range of film genres--superheroes, spy-fi, you name it. The films of Tom Cruise have not been excepted from the pattern, with Mission: Impossible 7, in spite of initially strong expectations (bolstered by the good will that Top Gun 2 seemed to have garnered him), proving a low point for the franchise commercially (in real terms, a weaker earner than 2006's ill-fated Mission: Impossible 3).*
In considering that the going may have got a lot rougher for movies of this kind it is worth remembering that, even if Top Gun 2 might have been a hit in other circumstances, that it was such an extreme outlier (a $700 million hit domestically and $1.5 billion globally post-pandemic, success that seems virtually magical right now) was due to the very special conditions of its release. While no one else seems inclined to acknowledge the fact, it mattered greatly that the movie came out with the media cheer-leading for it breathlessly, as it faced very limited competition in theaters compared to most summers (very few other action movies playing in the summer of 2022).
Moreover, the movie was in the view even of many viewers favorably disposed to it substantially a do-over of the original--a thing they were ready to forgive after thirty-six years, but which simply will not work with another sequel coming so soon after the second film, while just continuing things also will not be easy, the more in as so many take the two films as bookends to "Maverick" Mitchell's career (with the original depicting rebellious young Mitchell making his mark, and Top Gun 2 showing the matured leader Mitchell leading one last mission and moving on). Trying to come up with something that will not feel like a cheap do-over for the sake of a cash grab to the fans, while still feeling connected with the preceding films is a much, much taller order than those who made Top Gun 2 had to fulfill, one with which Hollywood has consistently shown itself to have a hard time. (Cheap imitation is just what they do--as that second Top Gun movie, again, showed.)
So any Top Gun 3 will be hitting a much tougher market, not just with regard to audience receptiveness to this kind of movie generally, but this film franchise specifically, and the level of competition the movie is likely to face in any major release date. Moreover, —it is worth remembering here that the margin of profitability here may differ from that of even most big-budget films. Those attentive to the figures published by Deadline about the movie's box office performance may recall the exceptionally high bill for participations and residuals--$315 million, close to twice the cost of the production ($177 million). This took a very big bite out of the profits indeed, and if the money was so good that this still left the movie the second most profitable of 2022 (after only Avatar 2) the money men have to think about such things when they consider the prospects of a Top Gun 3.
* Mission: Impossible 7 made $568 million, against the $600 million or so Mission: Impossible 3 made in inflation-adjusted terms back in 2006.
BoxOffice Pro's Prediction for Madame Web is Out (and Not Looking Good)
Boxoffice Pro has produced its first long-range projection for Madame Web. Right now their tracking-based estimate is that the movie will open to $25-$35 million and have a final North American gross in the $56-$101 million range.
This is a long way from the openings for other Valentine's Day weekend superhero releases like Black Panther (a whopping $202 million in just its first three days of the long weekend in 2018) or Deadpool ($132 million in 2016). It's even a long way from what the much-maligned Ben Affleck-starring Daredevil scored two highly inflationary decades ago (pulling in $40 million on the same weekend back in 2003, which is equal to $67 million today)--and one might add, the success of its fellow Sony Spider-Man Universe (SSU) franchise Venom (whose second film's $90 million opening back in late 2021 was a milestone in the box office's post-pandemic recovery).
Still, this is a relatively low-budgeted film about a comparatively obscure character put out there in a time of declining, not rising, prospects for the genre, without a particular hook or gimmick (Deadpool's beat-the-audience-over-the-head-with-its-obnoxious-postmodernism, the political claims made for Black Panther, etc.), with all that implies for what constitute reasonable expectations. (Indeed, looking at the numbers and the rest I find myself thinking of how Madame Web compares to the comparably priced and better-known Batgirl--which, of course, the WBD decided not to release in the end, apparently in favor of taking the tax break.) It does not help that the movie seems to have got off on the wrong foot publicity-wise--the consequences of which The Marvels made all too clear last year.
The result is that Madame Web having a box office performance in the vicinity of Blue Beetle or The Marvels seems eminently plausible--while I have a far easier time picturing the movie doing worse than doing much better than what BoxOffice Pro projects, something to keep in mind as they update their projection over the coming weeks.
This is a long way from the openings for other Valentine's Day weekend superhero releases like Black Panther (a whopping $202 million in just its first three days of the long weekend in 2018) or Deadpool ($132 million in 2016). It's even a long way from what the much-maligned Ben Affleck-starring Daredevil scored two highly inflationary decades ago (pulling in $40 million on the same weekend back in 2003, which is equal to $67 million today)--and one might add, the success of its fellow Sony Spider-Man Universe (SSU) franchise Venom (whose second film's $90 million opening back in late 2021 was a milestone in the box office's post-pandemic recovery).
Still, this is a relatively low-budgeted film about a comparatively obscure character put out there in a time of declining, not rising, prospects for the genre, without a particular hook or gimmick (Deadpool's beat-the-audience-over-the-head-with-its-obnoxious-postmodernism, the political claims made for Black Panther, etc.), with all that implies for what constitute reasonable expectations. (Indeed, looking at the numbers and the rest I find myself thinking of how Madame Web compares to the comparably priced and better-known Batgirl--which, of course, the WBD decided not to release in the end, apparently in favor of taking the tax break.) It does not help that the movie seems to have got off on the wrong foot publicity-wise--the consequences of which The Marvels made all too clear last year.
The result is that Madame Web having a box office performance in the vicinity of Blue Beetle or The Marvels seems eminently plausible--while I have a far easier time picturing the movie doing worse than doing much better than what BoxOffice Pro projects, something to keep in mind as they update their projection over the coming weeks.
In the End, Just How Did Captain Marvel 2 Do at the Box Office?
According to Variety The Marvels is now available on Apple+ and Amazon Prime--scarcely two months after it hit theaters.
How has the movie fared up to now? Going by the pattern I had seen with the preceding four Marvel Cinematic Universe (MCU) films I had noticed that their global grosses dropped 20 to 50 percent in inflation-adjusted terms relative to the prior film in their series (Thor 4 vs. Thor 3, etc.). Out of that lot Captain Marvel 2 seemed most comparable to Black Panther 2 (as a movie that, following up a sequel released near the peak of excitement about the MCU, and paralleling it in other ways, and which enjoyed exceptional success accordingly) its drop would be nearer the high end of the range--so I guessed that, given the $1.4 billion to which the first Captain Marvel's gross ($1.13 billion) amounted in mid-2023 dollars, the final take would be in the range of $600-$700 million.
Of course, the year went on becoming less and less kind to franchise films like this one at the box office--and a lot went wrong for The Marvels, not least the promotion proving exceptionally weak (unhelped by lackluster trailers). The result was that tracking-based estimates a month before the movie's release suggested something far lower--Boxoffice Pro projecting a domestic gross in the $120-$190 million range, from which I extapolated a gross in the $250-$500 million. Alas, over that remaining month this already low expectation all but collapsed, with not just the $190 million looking less and less likely, but even the $120 million, which came to look like ceiling rather than floor for the range with Boxoffice Pro's last long-range forecast lowering the estimate to $85-$125 million.
As it happened, the movie made just under $85 million in North America at last check (roughly equal to what the first Captain Marvel had made only partway through the film's second day in release)--and another $121 million globally, leaving it with a total of $206 million grossed (equal to about what the movie made in North America in about its first week).*
This was a fall not of 50 percent, but of 85 percent, an absolutely catastrophic collapse that had the movie grossing less than even the notoriously catastrophic The Flash. Indeed, to call The Marvels the Solo of the Marvel Cinematic Universe can seem to understate the disaster. (After all, that movie made almost $400 million back in the summer of 2018, which is more like a half billion today--the kind of sum that Marvel can only fantasize this one made, much as they would have seen that as a grave disappointment.)
This does not guarantee the movie the top spot in Deadline's inevitable list of the year's worst flops--but I think it safe to expect it still making the top five, even in this wretched year.
* The original Captain Marvel collected $115 million by the end of Saturday, and $215 million in the first eight days of its North American run--without adjustment for inflation (in which case the figures become $139 million and $259 million, respectively).
How has the movie fared up to now? Going by the pattern I had seen with the preceding four Marvel Cinematic Universe (MCU) films I had noticed that their global grosses dropped 20 to 50 percent in inflation-adjusted terms relative to the prior film in their series (Thor 4 vs. Thor 3, etc.). Out of that lot Captain Marvel 2 seemed most comparable to Black Panther 2 (as a movie that, following up a sequel released near the peak of excitement about the MCU, and paralleling it in other ways, and which enjoyed exceptional success accordingly) its drop would be nearer the high end of the range--so I guessed that, given the $1.4 billion to which the first Captain Marvel's gross ($1.13 billion) amounted in mid-2023 dollars, the final take would be in the range of $600-$700 million.
Of course, the year went on becoming less and less kind to franchise films like this one at the box office--and a lot went wrong for The Marvels, not least the promotion proving exceptionally weak (unhelped by lackluster trailers). The result was that tracking-based estimates a month before the movie's release suggested something far lower--Boxoffice Pro projecting a domestic gross in the $120-$190 million range, from which I extapolated a gross in the $250-$500 million. Alas, over that remaining month this already low expectation all but collapsed, with not just the $190 million looking less and less likely, but even the $120 million, which came to look like ceiling rather than floor for the range with Boxoffice Pro's last long-range forecast lowering the estimate to $85-$125 million.
As it happened, the movie made just under $85 million in North America at last check (roughly equal to what the first Captain Marvel had made only partway through the film's second day in release)--and another $121 million globally, leaving it with a total of $206 million grossed (equal to about what the movie made in North America in about its first week).*
This does not guarantee the movie the top spot in Deadline's inevitable list of the year's worst flops--but I think it safe to expect it still making the top five, even in this wretched year.
* The original Captain Marvel collected $115 million by the end of Saturday, and $215 million in the first eight days of its North American run--without adjustment for inflation (in which case the figures become $139 million and $259 million, respectively).
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