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With Christmas winter storms no longer a factor, 20th century ‘Avatar: The Way of Water” and Universal/Dreamworks’ “puss in boots: the last wish” both had strong box office performances over New Year’s weekend, suggesting they will continue to attract audiences in January.
Avatar 2 is currently estimated at $87 million for the four-day weekend in North America, keeping its decline from Christmas weekend to just 8% following a 37% drop last weekend. By the end of Monday, James Cameron’s blockbuster will have grossed $450 million domestically and $1.3 billion worldwide.
The film grossed $134 million in its opening weekend, missing independent forecasts of $150-170 million, sending Disney shares down. noise in financial publications Avatar 2 will disappoint theatrically.but the fate of the movie is never be written On its opening weekend, the movie is now not only ahead of the domestic pace set by the first “Avatar” in 2009, but also 11% ahead of the top-grossing film of 2022, Top Gun: Maverick, which grossed $401 this year. In theaters on the third Monday of the summer.
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“Avatar 2” should surpass “Maverick” and the $1.5 billion global box office mark sometime next week, but how much it does will depend on how well it does domestically and globally by the end of the holiday weekend next week.The first “Avatar” had a Domestic down 26% Weekend of January 8th. If “The Way of Water” performs similarly, the $2 billion global total — considered out of reach after the COVID-19 outbreak stymied China’s box office — would be back on the table.
Meanwhile, Puss in Boots: The Last Wish, despite its lackluster start, shows signs that it can still fulfill its destiny as an Avatar 2 home replacement. Riding on strong word-of-mouth, the DreamWorks sequel is projected to earn $21.6 million in its four-day second weekend, up 10 percent from its $20 million Christmas weekend.
That would give the film a domestic total of $65 million after 13 days in theaters, about 30 percent behind last year’s Universal/Illumination’s “Sing 2.” At this pace, “Puss in Boots 2” is unlikely to match “Sing 2″‘s $402 million worldwide total, but it still has a chance to top its reported $90 million total before reaching digital on demand. Realize razor-thin theater margins and streaming.
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But there’s no hope for Sony’s “Whitney Houston: I Wanna Dance With Someone” or Paramount’s “Babylon,” which both ranked below Marvel’s “Black Panther: Wakanda Forever” on the charts this weekend. “‘s eighth weekend. “Wakanda Forever,” which has grossed more than $800 million worldwide, added about $7 million domestically over the four-day weekend.
“Whitney Houston” is currently projected to take in $5.2 million over its four-day second weekend, which would bring the film’s total to $15 million on a co-financed budget of $45 million before marketing expenses. “Babylon,” which had a higher budget of $78 million, took in just $4 million for the weekend, putting it in fifth place, meaning its two-week total was just $11.4 million, as Paramount’s Turning to overseas releases to mitigate losses.
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