Perhaps Charlie's Angels didn't do as well as expected because U.S. moviegoers are becoming increasingly fickle.
The good news for Charlie's Angels was that it had way more bang for the production budget buck overseas in comparison to Ford V Ferrari. The bad news for CA is that it did not meet expectations domestically:
Charlie's Angels box office opening weekend:
Domestic: $8.6 million
International: $19.3 million
Worldwide: $27.9 million
Production budget: $48 million
Ford V Ferrari box office opening weekend:
Domestic: $31 million
International: $21.4 million
Worldwide: $52.4 million
Production budget: $97.6 million
Ford V Ferrari's production cost is about twice that of Charlie's Angels, and yet CA grossed just a couple million less than FVF internationally. FVF grossed over half of its production budget if you consider worldwide gross on opening weekend. So did CA, which has a worldwide gross of $27.9 million. Of course, it should be stated that it's more profitable for a studio when a film grosses more domestically. But that being said, I still find it interesting that a 69.2% of CA's worldwide gross on opening weekend came from overseas box office. Similar thing happened with "Terminator: Dark Fate" which had a whopping 75.7% of its worldwide gross come from overseas. So even though TDF bombed domestically, it currently has a worldwide gross of over $233 million in just two weeks.
Heck, CA grossed more in China ($9.54 million) than it did here in the U.S.! So thus begs the question: Did CA fail to meet box office expectations because US moviegoers don't embrace the "woke" subculture that many on this board are claiming is the reason--or is it more because US moviegoers are becoming increasing more fickle? Sure, the Marvel Cinematic Universe continues to churn out one billion dollar franchise after the other--yet for most other films, earning back a film's production budget at the box office is becoming increasingly more daunting--well at least here in the U.S. Thus, this could partly explain the demise of medium budget films. This appears especially the case for CA which has a narrow target audience, one-quadrant as the major trade publications describe it, making it even more difficult to grab market share/slice of the box office pie. Hopefully CA develops some legs over the next two weeks and puts in a decent showing.
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