As a seasoned moviegoer who has witnessed the rise and fall of many box office titans, I must say that November 2024 seems to be a rollercoaster ride for cinema enthusiasts like myself! The arrival of Jake Kasdan’s Christmas-themed action film, “Red One,” starring none other than Dwayne Johnson and Chris Evans, has indeed brought some much-needed excitement to the silver screen.
2024’s November could be characterized as having a late rush at the box office. Following Kelly Marcel’s Venom: The Last Dance, which premiered late in October and was given ample time by major studios (a move that, in hindsight, might have been misguided, given the film’s modest domestic opening), there has been a gap of a few weeks without a high-profile, star-studded movie aiming for blockbuster success. This week, however, this void has been filled with the release of Jake Kasdan’s Red One.
The recently released action movie set during Christmas, featuring Dwayne Johnson and Chris Evans, might not hold the number one spot on the box office charts for long. However, you’ll find it at the top of the Top 10 list. Let’s examine the box office figures together before we delve into analysis.
Red One Makes $34 Million In Its Domestic Debut, But It’s Massive Budget Is A Looming Concern
Checking the calendar, it’s evident that Thanksgiving hasn’t arrived yet, however, Christmas movies are already taking center stage on television screens. Last week, Dallas Jenkins’ family-oriented comedy “The Best Christmas Pageant Ever” entered the scene in third place, after a tight competition with Scott Beck and Bryan Woods’ “Heretic.” On the other hand, “Red One” is currently leading the box office in the United States and Canada. It seems that these films are possibly being released digitally towards the end of next month to coincide with the holiday itself, but for now, viewers are encouraged to get into the holiday spirit a little early.
In approximately 4,000 different locations, as reported by The Numbers, the movie titled “Red One” garnered $34.1 million during its initial weekend release. This opening weekend earnings place it at the eighteenth highest domestic debut in 2024, falling between Chris Sanders’ “The Wild Robot” which earned $35.8 million and John Krasinski’s “IF” with $33.7 million. The film had a head start in various foreign markets earlier this month and has amassed a total of $84.1 million worldwide so far.
The downside is that the movie, with a production budget estimated between $200-250 million by The Wrap, will likely need to earn significantly more money to cover its costs. This situation mirrors the release of Ridley Scott’s Napoleon, featuring Joaquin Phoenix, from last year. Despite a hefty budget of up to $200 million, this film ended its run in theaters with a global gross of $217.9 million – a fact worth noting given that the competition Napoleon faced was relatively light compared to what Red One, starring Dwayne Johnson and Chris Evans, is likely to encounter in the action comedy genre.
Instead of “While the big Thanksgiving movies of 2023 included Francis Lawrence’s ‘The Hunger Games: The Ballad Of Songbirds And Snakes ‘ and Chris Buck and Fawn Veerasunthorn’s ‘Wish’, late November this year has three hotly anticipated films set to hit everywhere: Jon M. Chu’s ‘Wicked’, Ridley Scott’s ‘Gladiator II’, and Dana Ledoux Miller, Jason Hand, and David Derrick Jr.’s ‘Moana 2’. All these titles seem tailor-made to draw audiences away from ‘Red One’, which may suggest a tough competition for the film as it fights to stay in the Top 5 during November.
It seems that Dwayne Johnson didn’t get the box office success he expected with his latest film, Red One. Not so long ago, Johnson was making multiple movies each year, but Red One marks his return to the big screen since Jaume Collet-Serra’s Black Adam in 2022, a movie that received negative reviews and underperformed financially (excluding his brief post-credits appearance in Louis Leterrier’s Fast X). However, he may find success soon as he voices Maui again in Moana 2, set to hit theaters later this month. For now, it appears his live-action career is still in a phase of rebuilding.
Dwayne Johnson, previously known as The Rock, has an exciting lineup of upcoming films that blends new projects and continuations – such as Benny Safdie’s “The Smashing Machine”, Jake Kasdan’s “Jumanji” Part 4, and Thomas Kail’s live-action version of “Moana”.
The Wild Robot Crosses $300 Million Worldwide
Let’s observe how “Red One” performs regarding its legs, but for the present moment, we’ll wrap up this box office report focusing on the endurance of “The Wild Robot”. The film has been running in cinemas for eight consecutive weeks, initially premiering in wide release at the end of September. Notably, it continues to rank among the Top 5 domestically, and this week, it made news by surpassing $300 million globally.
2024 saw just 18 films so far that managed to top a specific bar, with ticket sales showing an approximately equal distribution between domestic (US and Canada) and international markets. The movie raked in $137.8 million domestically, while foreign markets contributed $170.7 million. Despite only spending one weekend at the top spot, it’s finished runner-up on four occasions, with the October finale being one of them.
Absolutely, the longevity of “The Wild Robot” on the box office can primarily be credited to its exceptional quality, which has been widely praised. The animated film received applause from critics after its debut at the Toronto International Film Festival (I awarded it a 4.5-star review on TopMob), and it’s evident that viewers are enjoying it so much that they are returning for multiple viewings.
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2024-11-17 23:37