Box Office: ‘Warcraft’ Bombs In America, But Breaks Records Overseas
With the E3 (Electronics Entertainment Expo) underway, it’s fitting that a movie based on a popular video game would release the same weekend. However, it’s more of a good news/bad news scenario with the long-anticipated Warcraft.
First, the bad news. Domestically, Warcraft is a complete bomb, as current estimates have the film tracking for a disappointing $24.3 million, to land at No. 2. On a budget of $160 million, this is an unmitigated disaster for Legendary in North America. But there’s a silver lining in all this…
The good news just so happens to be REALLY good news, enough to wear the bad news is basically eclipsed: the movie is making an absolute killing overseas, including a record-breaking $156 million in China alone! Combine this with the $105 million gross from other foreign markets outside China, and the movie has already reached $286.1 million worldwide. Not only is this a higher gross than Star Wars: The Force Awakens in China, it’s easily one of the biggest Hollywood releases in the history of the company, becoming only the 25th film to ever surpass the $150 million milestone. It’s expected that the film will eventually double its production budget by reaching $336 million worldwide, thereby overtaking Prince of Persia: The Sands of Time as the most successful video game movie of all-time. If not for the similar success of Pacific Rim, which underperformed in America but received a sequel due largely to its incredible gross in China, this type of success would be unprecedented. Among newcomers in overall box office gross, including international gross, the race wasn’t even close this week, as Warcraft proved to be a real force of nature. Domestically, however, the tale is much different.
The Conjuring 2 is on track to become the No. 1 film in America with $40.4 million, essentially matching its $40 million budget. Meanwhile, Now You See Me 2 debuted with $23 million, a disappointing opening for a movie with an apparent $90 million budget. Still, this was good enough to bring the film to the No. 3 spot, just ahead of Teenage Mutant Ninja Turtles: Out of the Shadows, which grossed $14.8 million, and X-Men: Apocalypse, which declined over 56% with a gross of $10 million in its third week.
We’ll have full box office results when they’re release tomorrow. Until then, let us know what, if anything, you saw at the movies this week, and what you thought!
And for more entertainment news, read up on the alleged story of Leonardo DiCaprio peeing on a Disney waterslide. No, really.