‘The Kid Who Would Be King’ Loses Crown To ‘Glass’ Who Remains Top With $17m: Box Office Predictions
This Box Office weekend sees the re-expansion of Oscar Best Picture hopefuls and a potential consecutive win for ‘Glass’, but the real story lies in Fox’s new release, ‘The Kid Who Would Be King’, the latest in Hollywood’s continued pursuit of a profitable take on the legendary medieval tale.
With each new re-imagining comes a renewed sense of boredom from U.S. audiences now tired of the tales as old as time, which usually translates into Box Office failure. If it wasn’t ‘King Arthur: Legend of the Sword’s $150m+ loss for Warner Bros that broke the camel’s back in 2017, it was last November’s ‘Robin Hood’ with a paltry $83.7m worldwide straw. The two films earned a total of just $70m from a combined $275m budget, yet director Joe Cornish is daring to do the unthinkable and create a hit from the worn IP. What makes ‘The Kid’ so different?
Well for one, it’s critically-acclaimed. Boasting 86% on the Tomatometer, critics have labelled the film, starring Rebecca Ferguson, Patrick Stewart, and Louis Ashbourne Serkis (son of Andy), as genuinely enjoyable and fun, far from the reception received by the two aforementioned iterations. The film follows young Alex Elliot, who finds King Arthur’s sword and with it must stop an ancient sorceress from causing chaos
The PG rating helps too, opening up the film to as large an audience as possible, although potentially alienating those looking for something edgier from the material. ‘The Kid’s budget is currently unknown, but if Hollywood’s learned at least one lesson, it won’t be anywhere close to ‘Robin Hood’s inflated cost, let alone the $175m spent on ‘King Arthur’ 2 years ago.
Unfortunately, we don’t expect this all to change the minds or habits of cinemagoers. While Fox hopes to emulate the openings of family-friendly fantasies like ‘A Wrinkle in Time’ ($33.1m) and their 2016 release ‘Miss Peregrine’s Home for Peculiar Children’ ($28.9m), we don’t even expect an opening near ‘The Nutcracker’s $20.4m, with ‘The Kid’ likely to bank just $12m by Sunday night. With a $40m-ish domestic total likely, it seems as if ‘King Arthur’ and co are finally old news.
‘The Kid’s Box Office failure clears the path for M. Night Shyamalan’s ‘Glass’ to lead the way again, this time earning around $17m to remain top. Being a horror movie is one thing, but being the poorly-received sequel is another, with a large drop usually expected in this scenario. Anything sub-60% will go down a treat with Blumhouse and co, who’ll also be hoping for the film to finish on the right side of $100m domestically, especially given ‘Split’s $138.2m total.
Such numbers may come easy to the ‘Unbreakable’ francise, but other original thrillers aren’t so lucky. ‘Serenity’, directed by ‘Peaky Blinders’ writer Steven Knight and boasting an all-star cast of Matthew McConaughey, Anne Hathaway, Diane Lane, Djimon Hounsou, and more, will seriously struggle to gain a foothold this weekend. The Global Road Entertainment release has been blasted by critics and will barely make a dent in its $25m budget, by earning just $9m in its first 3 days to compound a poor weekend for new entrants.
Not the best Box Office weekend, with the new releases failing to make a serious impact. Is January still the studio ‘dump month’? Let us know your thoughts on Twitter and Instagram – we’re at @JUMPCUT_ONLINE.