Tuesday, May 21, 2024

Box Office: “Deepwater” Puts Lions Gate in Deep Doo-Doo with $20 Mil Weekend

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“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.

 

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
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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