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Warner Bros. could lose more than $100 million on “Joker 2”

A little over a week after its worldwide premiere, “Joker: Folie a Deux“would be on its way to becoming one of the biggest failures of 2024 and in recent years for the production house Warner Bros.

And compared to its predecessor, which holds the title of being the second highest-grossing R-rated film in history with more than $1 billion dollars, “Joker 2” is extremely “far away” from these figures, obtaining, so far, $51 million dollars in the United States and $165 million dollars globally, according to estimates from specialized media.

In addition to the above, the sequel to the film that gave Joaquin Phoenix his first Oscar for Best Actor, had a production cost of $200 million dollars, to which $100 million dollars were added for an additional expense for marketing and distribution concepts.

The sequel to “Joker” was presented at the last Venice Film Festival. Credit: Grosby Group

Warner Bros. responds to box office estimates

The more than $300 million dollars invested in the film directed by Todd Phillips It would cause it to raise nearly $450 million dollars. However, according to current projections, and due to poor performance and bad reviews about it, the American production would end up with more than $65 million dollars in the United States and $215 million dollars worldwide.

If the above is confirmed, the film starring Phoenix y Lady Gaga It would cause losses of between $150 to $200 million according to internal sources and industry executives.

Given this series of estimates, a spokesperson for the film company launched a forceful message in which he made it clear that the film still has an “extensive” run in theaters, in addition to mentioning that its next release in China, one of the most important for the film industry can “change everything.”

Any estimates suggested by anonymous ‘insiders’ or ‘rival executives’ are grossly erroneous and continue a trend in which rumor is presented as fact. The film remains in theaters, including this week’s release in China, and will continue to earn revenue throughout its home viewing and ancillary run.

Warner Bros. spokesperson

Since its premiere, “Joker: Folie a Deux” has obtained negative reviews on various specialized sites such as Rotten Tomatoeswith a 33% rating, as well as in CinemaScorewhere it achieved a grade of “D”.

Regarding the “cold” reception of Arthur Fleck’s new film, according to market analysts, it would have caused great “outrage” due to the musical approach given throughout the film.

Continue reading:

Lady Gaga reveals she had to “forget” how to sing in “Joker: Folie à Deux

Joaquin Phoenix abandons gay-themed film 5 days before filming begins

Rooney Mara and Joaquin Phoenix are expecting their second child

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