Tom Cruise, the star credited with saving the box office after Top Gun: Maverick flew to $1.5 billion in global ticket sales, now faces another kind of reckoning: surviving the Barbenheimer effect.
His Mission: Impossible – Dead Reckoning Part One dropped a franchise-worst 64 percent to $19.5 million in its second weekend when facing Barbie and oppenheimer, whose dual arrivals became a cultural phenomenon and propelled the domestic box office to all-time highs. Revenues for the weekend of July 21-23 were the fourth-largest of all time; Furthermore, it was the first time that one film opened with $100 million or more and another with $50 million or more. Barbie scored $155 million, followed by $80.5 million for oppenheimer. No one in Hollywood anticipated such an amazing turnout.
The seventh installment in the Paramount and Skydance story Mission Impossible The series, which ended Sunday with a domestic total of $118.8 million, had expected to earn as much as $25 million in its second outing.
The question now is if Dead Reckoning part one can level off and enjoy a long run as other installments in the series have, and just like Cruise Top Gun: Maverick did. Hollywood executives, and not just Paramount, are not ruling reckon dead yet, especially since it has a better critics score on Rotten Tomatoes than Barbie and oppenheimeras well as strong audience exit scores.
“I don’t think the story has been written yet,” says a rival studio executive.
Mission Impossible photos have never had mega-openings, yet expectations were high for reckon dead after cruise Top Gun: Maverick it opened to $160.5 million over Memorial Day weekend in 2022, including $126.7 million for the three days. reckon dead it had been tracking to open to $90 million in its first five days as of July 12; instead, he received a franchise-best $78.5 million, not adjusted for inflation.
titles in the Mission The franchise has always drawn a higher percentage of its global grosses from the foreign box office. reckon dead Part One is not an exception. It earned another $55 million from 72 markets in its second weekend for a foreign tally of $252.1 million and $370.9 million globally through Sunday. It is doing especially well in Asia, where Barbie and oppenheimer they are not strong players. And in a number of markets, it’s advancing 15 percent or more ahead of 2018. Mission: Impossible—Fallout. In Japan, it debuted with $7.9 million, 23 percent ahead of Fallwhich earned the best franchise of $571.5 million overseas for a global total of $791.7 million, including $220.2 million in North America.
Mission Impossiblemy 7 had to deal with losing Imax screens for three weeks to oppenheimeras well as losing premium large-format displays for both oppenheimer either Barbie. The upcharge for Imax and PLF is significant and can have a huge impact on the bottom line. In early July, the Imax screens were dedicated to Indiana Jones and the dial of fate.
Cruise’s latest film, directed by Christopher McQuarrie, cost nearly $300 million to produce and had its release date pushed back multiple times due to the COVID-19 pandemic. It was initially scheduled to open in the summer of 2021, then in the summer or fall of 2022. Its release date eventually came in mid-July of this year, a date dictated by the filming schedule for Dead Reckoning Part Two and Cruise’s availability to promote Part One (The actor is known for his global marketing efforts.)
Adds another observer: “Barbenheimer diverted MI7potential this weekend, with oppenheimer keeping older men away from reckon dead. Not only that, sound of freedom it is an unexpected force to be reckoned with and presents competition from an unlikely source.”
US Box Office Estimates Show Angel Studios’ Faith-Based Political Thriller sound of freedom in beats reckon dead for the weekend with $20.1 million for a cumulative of $123.4 million (sound of freedom opened on July 4).
Mission: Impossible – Dead Reckoning Part Two will be released in theaters on June 28, 2024. McQuarrie and Cruise filmed much of the movie, but production has now been halted due to the SAG-AFTRA strike in another moment of reckoning for the storied action franchise.
Things looked different in late June, when Cruise, Hollywood’s highest-profile advocate for the theatrical experience, urged audiences to see fate sphere. And, yes, two other movies in a surprisingly effective plea. The actor wrote on Instagram: “I love a double feature, and it doesn’t get any more explosive (or rosier) than one with Christopher Nolan. oppenheimer and Greta Gerwig Barbie.”