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Home»Business
Business

The Rising Potential of ‘The New Empire’ on Track for $175 Million Easter Weekend

March 30, 2024No Comments2 Mins Read
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The MonsterVerse sequel, Godzilla x Kong: The New Empire, has entered the holiday weekend with $40 million in early worldwide receipts and is on track to earn an estimated $175 million over the Easter weekend, with a potential to surpass $200 million due to impressive box office numbers.

Thursday previews and Friday box office results exceeded expectations, with the film grossing $37 million domestically and close to $50 million internationally by Friday. The North American box office is projected to reach around $75 million, surpassing earlier estimates of $50 million.

Internationally, China is expected to contribute around $40 million to the weekend total, with an additional $60-70 million from other markets. Godzilla x Kong is on track to earn around $100 million from foreign markets and could exceed this figure.

On the lower end, projections show a total of $150 million for the weekend, while the highest prediction is a gross of $190 million. With current box office receipts totaling nearly $90 million globally through Saturday, it is unlikely that the film will fall short of expectations.

The success of Godzilla x Kong has exceeded expectations and is a welcome overperformance for Warner Bros. Discovery and Legendary Pictures. The film has received positive audience feedback, with an A- grade from viewers via Cinemascore, indicating strong word of mouth that could lead to a long theatrical run.

In terms of other films at the box office, Dune: Part Two and Kung Fu Panda 4 are expected to compete for third place with earnings of $10-11 million each. Ghostbusters: Frozen Empire is projected to experience a significant drop in earnings but should cross the $100 million mark globally.

Overall, Godzilla x Kong is likely to achieve a 3x final multiplier, resulting in a worldwide total of at least $450 million. However, with the film’s strong performance, a more realistic scenario could see it reaching $525 million or potentially even $555 million if it reaches $185 million over the weekend.

Given its low budget of $135 million, Godzilla x Kong is poised to become the biggest hit in the MonsterVerse series, potentially reaching a $600 million finale. The success of the film highlights audiences’ continued interest in well-made franchises and sequels, suggesting a bright future for the MonsterVerse and similar productions.

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