Monday, June 17, 2024

$225 Million “Valerian” Crashes with $17Mil Weekend, Biggest Loss for Most Expensive Indie Film


BOOM! That’s the sound of Luc Besson’s “Valerian and the City of a Thousand Planets.” US Weekend total is $17 million, not even a multiple of Friday’s $6 million. Costing at least $225 million, “Valerian” is a domestic dud.

The only hope for STX Films on the most expensive indie film ever made is people in non English speaking countries not caring about the story or dialogue. This often the case, and dud films– see “The Mummy” — can find audiences who just want the visual flash.

“Valerian” will have to count on China, Russia, South Korea, and other out of the way locales to bail them out.

Meanwhile, “Dunkirk” did a spectacular $50.5 million for the weekend assuring Warner Bros. of a $100 million run–plus plus since they’ll probably re-release when awards season begins in December. Nicely done!

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.

Read more

In Other News