Saturday, April 20, 2024

“Gods of Egypt” May Prove Undoing of LionsGate Stock as Reviewers Pray it Will Go Away


Lions Gate Pictures stock is at $20.20 Friday morning after cliff jump on February 5th from the $30 region. It reached a low of almost $16 but things are not looking good.

Today “Gods of Egypt,” which cost at least $140 million, opens to devastating reviews. There are at least 62 negative ones on Rotten Tomatoes and only five positive, which gives “Gods” a 10%. This is not going to be a happy weekend for Lions Gate.

For this movie to do well the movie audience would have to be all Donald Trump fans– people who ignore reviews and hope somehow things can’t be this bad. They will be terribly disappointed. Even star Gerard Butler has been talking about his next movie, “London Has Fallen,” more than this one in interviews. He knows where his sandals are strung.

So we’ll hold on for Saturday morning’s box office. But barring a miracle from the Gods, Egypt is really going to in de Nile.

Roger Friedman
Roger Friedman
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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