TENET Hits $150 Million Worldwide As THE NEW MUTANTS Plummets Domestically During Its Second Weekend

TENET Hits $150 Million Worldwide As THE NEW MUTANTS Plummets Domestically During Its Second Weekend

Tenet has somewhat exceeded expectations at the worldwide box office after passing $150 million this weekend, but it's bad news for The New Mutants in North America as takings plummeted after just a week.

By JoshWilding - Sep 07, 2020 04:09 AM EST
Filed Under: Sci-Fi
Source: Deadline

Labor Day weekend kicked off with Tenet finally being released in U.S. theaters, and the numbers...well, they are what they are! Playing in 2,810 theaters across the country (minus major markets like New York City and Los Angeles), Christopher Nolan's sci-fi epic earned an estimated $20.2 million, with $2.8 million coming specifically from IMAX screens.

Clearly, many moviegoers still aren't quite ready to watch a movie on the big screen just yet. 

On the plus side, Tenet has now earned around $150 million at the worldwide box office to date, and it's believed Warner Bros. will keep it in theaters for as long as possible so they can (understandably) try to recoup their costs. However, should it fall short of $500 million, then the studio are making a loss. Right now, it's impossible to say how likely that figure actually is. 

While reviews for Nolan's latest movie have been mostly positive, it's only earned a "B" CinemaScore from theatergoers. That's a contrast to the typical "B+" or "A" the filmmaker's work usually attracts.

In other box office news, The New Mutants suffered a 59% during its second weekend at the North American box office with a $2.9 million haul, and a ten-day total of $11.6 million. Ultimately, it may end its domestic run with a lowly $15 million, making it one of the biggest superhero movie flops of all-time. 

Still, given what's going on in the world, all of these numbers are understandably lower than anticipated. 

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Origame
Origame - 9/7/2020, 4:39 AM
Now i dont wanna say i told ya so, but...
mastakilla39
mastakilla39 - 9/7/2020, 6:03 AM
@Origame - How can we consider any of these movies a "true flop" if theaters are only allowing 30% capacity and most still being closed?

We need to consider dropping our initial estimates by 70% and monitor the box office based on full weeks, not weekends. So if Tenet was supposed to open to half its 300 mil budget at 150 mil, 30% of that is 45 mil which is probably going to be a "full weeks" earning based on its current pace. I would say that's a "hit" for covid times.
Origame
Origame - 9/7/2020, 6:04 AM
@mastakilla39 - well, i mean it exceeded their estimates. Thats what i was going by.
Scarilian
Scarilian - 9/7/2020, 8:39 AM
@mastakilla39 -
Reality is that Tenet might not break-even and we are starting the second Covid wave. The cinema industry this year is unlikely to have a movie that breaches $600m.
Doomsday8888
Doomsday8888 - 9/7/2020, 4:45 AM

Let me go. 🤧😭😢😥😭
SnideCut
SnideCut - 9/7/2020, 4:50 AM
@Doomsday8888 - The music was definitely the best thing about this movie for me. Ludwig Gorannson is incredible.
SnideCut
SnideCut - 9/7/2020, 4:49 AM
Doesn't help that this movie was utterly mediocre. Innovative as hell concept but packaged in a generic spy story
ChangAlang
ChangAlang - 9/7/2020, 4:53 AM
My first movie on the big screen since.....February I think and I wasn’t totally disappointed. A few things I’ll need to process and my only gripe would be the audio.

An 8/10 for me personally.

Side note: The DUNE trailer was amazing! What a fantastic cast
TheUnworthyThor
TheUnworthyThor - 9/7/2020, 4:55 AM
Well don’t have much confidence of anything else big opening any time soon now.
TheWalkingCuban
TheWalkingCuban - 9/7/2020, 5:00 AM
@TheUnworthyThor - Yeah the Grand Canyon park rangers were watching this like a hawk. A majestic one.
TheWalkingCuban
TheWalkingCuban - 9/7/2020, 4:56 AM
Of his movies I love TDK and Inception. Never expected to love

New Mutants anyway. At least Boone’s Tenet is better than that
hot gahbidge

DoubleD
DoubleD - 9/7/2020, 4:56 AM
Tenet 250 Million total is my prediction. Audiences aren't just not showing up.
LameLuka
LameLuka - 9/7/2020, 5:15 AM
@DoubleD - well they showed up to push it to 150 milion. And it still has not opened in 24 other markets yet.
DoubleD
DoubleD - 9/7/2020, 5:20 AM
@LameLuka - Sticking with 250.
Chewtoy
Chewtoy - 9/7/2020, 4:56 AM
I’m kind of expecting big drops for theatrical 2nd weekends here in the U.S.... it’s not as if opening weekends are selling out so there’s no reason to wait for crowds to die down, and with hesitation to return to theaters still being a thing, I feel like those first weekends burn through most of the audience that had a strong enough desire to go out to see the films.

We’ll see how Tenet plays out... the flip side is that with no other big releases confirmed to open soon it could have legs as the main option for weeks, but I’m still leaning towards quick drops.
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