Friday, April 12, 2024

Box Office: “King Arthur” Disaster with $14.7 Mil Weekend on $175-Million-Plus Cost


“King Arthur: Legend of the Sword” will be known as “Legend of the Bored.” Almost no one went, and the result is a $14.7 million weekend.

The Warners movie cost $175 million plus, which could be high as $250 million for promotion, etc. That’s a total write off even with some international box office thrown in. So far there’s about $30 million in the till from foreign audiences.

“King Arthur” is the Hindenburg of the 2017 movie season, and a great disappointment, no doubt, as Time Warner tries to merge with AT&T. If that merger should ever occur, these huge failures won’t be tolerated so well.

Luckily, Warner Bros. has potentially four blockbusters coming — Justice League, Wonder Woman, Dunkirk among them. But this hurts. And it certainly makes Guy Ritchie’s future more questionable with a “Man from UNCLE” sequel being discussed (I don’t know why) and more Sherlock Holmes films with Robert Downey Jr. a possibility. Ritchie may need a time out after this debacle.

The next big blockbuster release is Disney’s “Pirates of the Caribbean 5” due on Memorial Day weekend. There are many questions about Johnny Depp’s viability after all his bad press, not to mention the aging of the franchise. Disney, thriving with Marvel, animation and Pixar, can just shrug it off if P5 doesn’t work.

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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