More than a month into the summer movie season, one thing has become clear: Many of Hollywood’s sequels, reboots and reimaginings are falling flat.
Some films have missed analysts’ forecasts by tens of millions of dollars. They include last weekend’s new releases — Walt Disney Co.’s “Dark Phoenix” and Universal Pictures’ “The Secret Life of Pets 2.” Though Paramount Pictures’ “Rocketman” topped studio forecasts, the Elton John biopic came in below outside estimates. Warner Bros.’ “Godzilla” sequel also missed industry projections.
So far, the shortfall hasn’t claimed any of the summer’s biggest tentpole films. And Eric Wold, an analyst at B. Riley FBR, still expects higher ticket sales through the balance of the year to deliver a record 2019. But the results also show that fans are getting pickier about the glut of sequels that Hollywood studios have force-fed movie moviegoers for years.
“Audiences are savvy enough to wait for the home market, especially with so many great streaming choices this summer,” said Jeff Bock, an analyst with Exhibitor Relations Co. “That’s something Hollywood will be contending against for years to come.”
Sequels and reboots need to be more compelling to draw in fans, Bock said. “Many of them aren’t upping the ante or raising the stakes significantly enough,” he said.
Hollywood studios have turned movie serials, now dubbed franchises, into an art form — with film series built around comic-book figures, action-hero revivals and classic cartoon characters. And no one has been more successful at this task than Disney.
Nebraska K9 sniffs out 525 pounds of cocaine during routine traffic stop, leading to California man’s arrest
EXCLUSIVE: Veterans turn war stories into music at Trump Kennedy Center in powerful patriotic showcase
Trump Debuts Brutal Cartoon Nickname for James Talarico to Kick Off Texas Senate General Election
Peak Woke: Rape Can’t Be Committed by Blacks, Muslims, or Women, According to Neo-Marxist Insanity
Conservatives erupt after DNC lashes out at top White House official with vulgar personal attack
US military carries out new strikes against Iranian military base as negotiations continue
Your Christian Family Is Being Hunted Like Animals and Exterminated in Nigeria – Will You Ignore It?
Trump says Delaney Hall protesters are ‘paid’ as clashes escalate outside NJ ICE facility
Talarico makes stunning claim about why he thinks Texas elections aren’t ‘free and fair’
Watch: Fox Host Responds with Open Disgust as Anti-ICE Antagonist Attacks a Reporter for Daring to Video Their Behavior
Seattle socialist mayor mocked for ‘irony’ as residents build walls to stop out of control shootings
Chaotic border chase ends with illegal immigrants found crammed in semitruck sleeping area
Video shows illegal aliens found crammed inside semi-truck sleeper cab in alleged smuggling bust
DOJ sues UCLA over alleged ‘Judenrein’ conditions during anti-Israel encampment
EXCLUSIVE: DHS blasts sanctuary leaders after illegal immigrant accused of bat attack freed from jail
Second Place
But even Disney’s biggest hits aren’t doing quite as well as predicted. The Marvel finale “Avengers: Endgame” racked up $2.73 billion in box-office sales globally and looked likely to dethrone “Avatar” as the top-grossing movie of all time. Now — following a drop-off in attendance — it will have to settle for second place.
“It looks like ‘Avatar’ will hold onto the title,” Bock said, “unless Disney snaps their fingers and springs an alternate ending re-release in the near future.”
Bock cites a number of reasons for all of the misses. No one cared about the humans in “Godzilla,” he said, and “The Secret Life of Pets 2” didn’t “bring anything new to the table.”
Missing estimates in a debut weekend doesn’t necessarily mean a feature won’t be profitable. Movies like “Rocketman,” with smaller production budgets, are expected to make money.
‘Dark Phoenix’
“Dark Phoenix,” an X-Men film, is emerging as one of the summer’s bigger duds. It suffered from production and story problems, along with muddled marketing that left audiences confused by the trailer, Bock said. The film cost about $200 million to make, plus tens of millions more to market, suggesting it will have trouble turning a profit.
Nebraska K9 sniffs out 525 pounds of cocaine during routine traffic stop, leading to California man’s arrest
EXCLUSIVE: Veterans turn war stories into music at Trump Kennedy Center in powerful patriotic showcase
Trump Debuts Brutal Cartoon Nickname for James Talarico to Kick Off Texas Senate General Election
Peak Woke: Rape Can’t Be Committed by Blacks, Muslims, or Women, According to Neo-Marxist Insanity
Conservatives erupt after DNC lashes out at top White House official with vulgar personal attack
US military carries out new strikes against Iranian military base as negotiations continue
Your Christian Family Is Being Hunted Like Animals and Exterminated in Nigeria – Will You Ignore It?
Trump says Delaney Hall protesters are ‘paid’ as clashes escalate outside NJ ICE facility
Talarico makes stunning claim about why he thinks Texas elections aren’t ‘free and fair’
Watch: Fox Host Responds with Open Disgust as Anti-ICE Antagonist Attacks a Reporter for Daring to Video Their Behavior
Seattle socialist mayor mocked for ‘irony’ as residents build walls to stop out of control shootings
Chaotic border chase ends with illegal immigrants found crammed in semitruck sleeping area
Video shows illegal aliens found crammed inside semi-truck sleeper cab in alleged smuggling bust
DOJ sues UCLA over alleged ‘Judenrein’ conditions during anti-Israel encampment
EXCLUSIVE: DHS blasts sanctuary leaders after illegal immigrant accused of bat attack freed from jail
So far, summer sales are up about 14%, according to Wold. That’s helped theater owners recover from a sharp decline earlier in the year. For 2019 to date, domestic sales through last weekend were down 6% from a year earlier, according to Comscore Inc.
“Sequels can obviously be successful — there wouldn’t be 20 of them this summer if Hollywood thought otherwise,” Bock said. “However, the ones that have opened below expectations were ill-conceived and/or flimsy films. In other words: lazy sequels.”
Wold said a successful summer season hinges on a few big releases still to come: “The Lion King” and “Toy Story 4” from Disney, a “Fast and Furious” spinoff from Comcast Corp.’s Universal studio, and a new “Spider-Man” release from Sony Corp.
“You’ve got at least four titles through the remainder of the summer period which should do very well,’’ he said.
To contact the reporter on this story: Anousha Sakoui in Los Angeles at [email protected]
To contact the editors responsible for this story: Nick Turner at [email protected], Rob Golum
Story cited here.









