Saturday, July 20, 2024

UPDATE Costner’s Box Office Disaster “Horizon” $11 Million: Sequel Going to Streaming?

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***SUNDAY UPDATE***

Warner Bros. may have to change its plans for the August sequel to Kevin Costner’s “Horizon.”

This weekend, the Civil War adventure made just $11 million in four days of wide release. Critically panned, “Horizon” is a financial disaster for Costner personally and for Warner’s.

A second installment would not be prudent, at least not in theaters. So the obvious move is to go day and date into theaters and on MAX with Part 2. By that time, part 1 may be streaming, and the whole six hour endeavor would return to its original premise: a mini series.

***SATURDAY UPDATE BELOW***

Kevin Costner’s three hour Civil War epic, “Horizon,” made just $800,000 last night in previews.

The labor of love for Costner was panned by critics and has a 70% audience rating.

Total box office take for the weekend will be around $5 million – far lower than even the low estimate of $10 million. Last night’s shows were in 3,000 plus theaters, so it’s not a question of a small release.

“Horizon” cost $55 million at least. It’s the first of four installments. The second one, already filmed, is scheduled for August. Warner Bros. may have to re-evaluate its plan and put it on Max very quickly after theatrical release — if there is a theatrical release.

Last night was a disaster waiting to happen. There was a lot of competition: the presidential debate began at 9pm eastern and lasted almost until 11pm.

If that wasn’t enough, a new season of “The Bear” dropped on streaming.

Advance ticket sales for “Horizon” were extremely low in the first place. It’s a three hour movie, which is a big commitment if a lot of other more important diversions are happening.

There isn’t a lot of interest in a three hour Civil War movie that doesn’t have rave reviews. Plus, the “Yellowstone” audience is sending Costner a message after screwing up their favorite TV show.

Keep refreshing for updates.

PS Warner’s knows the movie biz is cyclical. Last summer, “Barbie” broke records for them. Next summer it will be something else.

***SATURDAY MORNING UPDATE***

Box Office: Costner Sinks Below “Horizon” with $3.3 Mil Friday, “A Quiet Place” Makes Noise, “Bikeriders” on Kickstand

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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