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Associated Press
Jake Coyle
Posted: October 27, 2024 • Last updated: 5 minutes ago • 2 min read
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In this image released by Sony Pictures, Tom Hardy appears in a scene from ‘Venom: The Last Dance‘. Associated Press
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NEW YORK (AP) — “Venom: The Last Dance” grossed less than expected at the box office, earning $51 million in its opening weekend, according to studio estimates Sunday. This is significantly lower than previous entries in the alien symbiote franchise.
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Sony Pictures’ third “Venom” film was expected to gross closer to $65 million. But what’s more concerning is that he was left out of the first two ‘Venom’ movies. The 2018 original debuted with $80.2 million, and its 2021 sequel, Venom: Let There Be Carnage, opened with $90 million despite theaters still being in recovery mode during the pandemic. .
“The Last Dance,” starring Tom Hardy as a journalist who shares his body with an alien being voiced by him, could still turn a profit for Sony. The production budget, excluding promotions and marketing, was approximately $120 million, much smaller than most comic book movies.
However, ‘The Last Dance’ is performing well overseas as well. Internationally, ‘Venom: The Last Dance’ collected $124 million over the weekend, including $46 million over its five days in China. That’s enough for one of the best international weekends of the year for Hollywood releases.
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Nonetheless, neither the reviews (36% fresh on Rotten Tomatoes) nor the audience scores (a franchise-low “B-” CinemaScore) for the film, written by Kelly Marcel and Hardy and directed by Marcel, were good.
A low weekend for ‘Venom: The Last Dance’ also likely ensures that it will be the lowest-grossing year for a superhero movie in 12 years, excluding the pandemic year of 2020, according to film consultant David A. Gross. They say this is high. This is Franchise Entertainment’s newsletter.
Following the failure of ‘Joker: Folie a Deux,’ Gross estimates that 2024 superhero movies will gross around $2.25 billion worldwide. The only upcoming film is Marvel’s “Kraven the Hunter,” scheduled for release on December 13. Even with the $1.3 billion “Deadpool & Wolverine,” the genre overall isn’t as dominant as it used to be. For example, in 2018, superhero movies accounted for more than $7 billion in global ticket sales.
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Last week’s top film, Paramount Pictures’ horror sequel “Smile 2,” fell to second place with $9.4 million. This brings the worldwide two-week total to $83.7 million.
The biggest success story of the weekend may have been “Conclave” (“All Quiet on the Western Front”), a papal thriller starring Ralph Fiennes and directed by Edward Berger. The Focus Feature release, a major Oscar contender, opened with $6.5 million from 1,753 theaters.
As a result, ‘Conclave’ ranked 3rd, becoming a rare adult drama that received theatrical attention. About 77% of ticket buyers are over 35, Focus said. With a strong opening and stellar reviews, ‘Conclave’ could continue to gather momentum with moviegoers and Oscar voters alike.
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