Box Office Breakdown for Weekend of 3/31/24

Movies

What’s up, Geeks + Gamers? It’s ODIN!

Godzilla x Kong Defies Expectations

Though the reviews seem very mixed on the latest “Monsterverse” flick, the box office tells a different story. With a projected domestic opening weekend of $80 million and close to $200 million globally, Godzilla x Kong: The New Empire (if these numbers hold) will have the second-highest-grossing domestic opening in the franchise, behind the adjusted opening weekend of Godzilla (2014), which made roughly $120,000,000. When looking at estimated ticket sales for the domestic opening, however, the newest “Monsterverse” film drops to third place in the franchise with an estimated 6.1 million tickets, which is behind Godzilla (2014), with 11.4 million tickets, and Kong: Skull Island (2017), with 6.8 million tickets. Though this newest movie is still a far cry from the success of the first, we cannot overlook just how impressive these numbers are after the initial projections had Godzilla x Kong making between $55-$65 million. What this film does in the long run remains to be seen, as the domestic week 2 drops for the franchise range from roughly 55% percent to 68%. With essentially no major competition expected in the next few weeks, this film could pull in some big numbers. Next week will give us a much more complete picture.

According to the-numbers.com, the top 5 this weekend domestically were:

1. Godzilla x Kong: The New Empire ($80 million as a new release)
2. Ghostbusters: Frozen Empire (65% drop in 2nd weekend)
3. Dune: Part Two (37% drop in 5th weekend)
4. Kung Fu Panda 4 (38% drop in 4th weekend)
5. Immaculate (39% drop in 2nd weekend)

Ghostbusters: Frozen Empire Falls 65%… Likely a Flop

The debate over whether the latest Ghostbusters film is any good rages on. Personally, I think the film was a bit of a boring mess that really showed why this sequel was unnecessary. The fact is, however, that the box office reporting for the second weekend numbers is not very good. According to my charting, with a projected 65% drop, Ghostbusters: Frozen Empire is currently projected to make between $155-$217 million by the end of its run. In the best-case scenario, the film would still be losing over $20 million; this would not even be taking into account the much more likely scenario that it loses between $50-$100 million when you consider where the film is making most of its money. Compared to the last two Ghostbusters movies, which include the abominable Ghostbusters (2016), this film is currently tracking about $20 million behind where Ghostbusters: Afterlife was and over $30 million behind where Ghostbusters (2016) was at the same point of its release. Though opinions on a film are often subjective, objectively, Frozen Empire is not doing well at all.

If you want further analysis on these or any other films, check out the full charting I do over at my website. Have a wonderful rest of your day, and as always, God bless!

(If you ever want further insight into my methodology, see my previous articles HERE and HERE.)