Box Office: “Deepwater” Puts Lions Gate in Deep Doo-Doo with $20 Mil Weekend
“Deepwater Horizon” is about to drown. Any other cliches or metaphors? The Peter Berg directed Mark Wahlberg film may put Lions Gate into deep doo-doo with a $20 million weekend. The film cost at least $110 million. On Friday night it made just $7 million.
Lions Gate is waiting for their potential Oscar winner “La La Land” as it were a water tank in the desert. But right now LGF stock is down $19.99. And Monday won’t be so great when the “Deepwater” numbers come in.
“Deepwater” is based on a true story, and gained a nice 81% on Rotten Tomatoes. But for some reason it’s not connecting with auidences.
Meanwhile, Tim Burton’s “Miss Peregrine’s Home for Peculiar Children,” which only has a 64% on RT, will score a $26 million weekend for Fox. Why? It’s fanciful vs. intense, it’s for kids vs. adults. Tough deal.
