⚡️ Gone In A Flash

Big Box Office Bombs for Warner Bros. & Disney

June 30, 2023

GM. Big news in the box office this week. But first… if you could do us a favor and forward this to two or three of your friends, helping us grow our little community here will help us to keep delivering awesome box office updates and entertainment industry news right to your inbox!

The Flash, we believe, was meant to be Warner Bros. attempt at a multi-verse-like movie in the vein of what Marvel has been doing with their MCU. When it comes to movies in the past ten years, DC always seems to be following in Marvel’s footsteps, but never with the same level of execution (although that could be argued as of late with what Marvel has been putting out). The Flash was no different. With a current worldwide gross of $216 million and a budget of around the same amount, it is looking like this is going to be a major financial loss for Warner Bros. to the tune of over $100 million.

Indeed, in its second domestic weekend, The Flash saw a 73% drop in ticket sales from its opening weekend. The only comic book movie to ever have a worse drop was Morbius. The nail in the coffin will likely be the fact that due to this drop, the movie is being removed from 1,500+ theaters today. Obviously, this was not what Warner Bros. had in mind. They pulled out all the stops for this movie, with the inclusion of Supergirl and bringing back Michael Keaton as Batman, they had hoped this would be a big draw for audiences. It turns out it was little more than fan favor and gimmicks, which audiences seem to be waking up to. We want good movies regardless of what actors or characters or crazy multi-verse/time travel plot devices they include.

In other box office news, Spider-Man: Across the Spider-Verse is still crushing; it’s now the fourth highest grossing movie of the year worldwide. Transformers: Rise of the Beasts is entering its fourth weekend in theaters with some momentum still going. The movie has done $346 million worldwide so far, which makes the tragedy of The Flash even more difficult to swallow for Warner Bros.; with such a more established franchise and characters, we expect Warner Bros. was expecting to easily outdo the Transformers in this head to head. Speaking of financial ruin, Elemental is also in theaters with a budget of $200 million. The worldwide total so far? $131 million. Another $100 million + loss for Disney. What is going on with the state of movies these days?

Unfortunately, the hits look like they are going to just keep coming. This weekend, we are seeing the release of Indiana Jones and the Dial of Destiny. Another tired old franchise and once beloved character being drug out for another adventure. From what we’ve read and heard, this thing is nothing more than ‘modern’ writers taking the chance to drag ol’ Indy out in order to show him the error of his ways and masculinity. Maybe that narrative is wrong, but as we are advocates of the box office, why don’t you head out this weekend to see it and let us know what you think!

Other News & Fun Stuff

Box Office Updated

Meme of the Week

FOLLOW US ON TWITTER!