As COVID-19 continues its rapid expansion, businesses continue to crumble. It’s latest victim? Cinemas.
This weekend, many moviegoers decided to stay confined to their homes. Because of this, the U.S. box office has reached its lowest point in 22 years.
Disney’s Onward led the charge with a mere $10.6 million. This marks a 73% drop from its opening numbers – the biggest second weekend decline of any Pixar film. As of now, the movie sits with $60 million in the U.S. and $101 million total.
Cinemas are temporarily closing around the globe. Considering this, Onward‘s numbers might not change much.
Vin Diesel’s Bloodshot took second place with $9.2 million. The movie currently stands with $25 million globally. While initial expectations weren’t so high, this is still considered an underperformance.
This weekend’s second biggest new release was I Still Believe. Thanks to its built-in religious audience, the film managed to open with $9.1 million. Unfortunately, this is still around $3 million less than expected.
Universal occupied the last two spaces in the top five. The Invisible Man came in fourth with $5.9 million – a 61% decline from last weekend. This film, though, got the chance to rake in some money before the reign of COVID-19. The movie’s small budget ($7 million) makes its global gross ($122 million) a huge win.
The Hunt, another new release, capped out the top five with a mere $5.3 million. Once again, this is around $3 million lower than expected, and bad news for Universal.
The rest of the top ten went as follows:
- 6. Sonic the Hedgehog – $2.5 million
- 7. The Way Back – $2.3 million
- 8. The Call of the Wild – $2.2 million
- 9. Emma – $1.2 million
- 10. Bad Boys for Life – $1.1 million
Collectively, all movies brought in $55.3 million this weekend. A number this low hasn’t been seen for 22 years.
The coronavirus is forcing most theaters to shut down. Considering this, it’s unlikely we’ll see much box office movement for the next few weeks. And with Universal’s recent announcement that they’ll be releasing their films digitally, films like The Hunt might not move at all.
That being said, when fresh news comes rolling in, we’ll be there to report it. So keep up to date with the Kernel Blog as we navigate a time like no other.